A stainless steel sheet for cookware and a method of manufacturing the same and, particularly, an induction heatable stainless steel sheet having excellent corrosion resistance and a method of manufacturing the same are provided. The induction heatable stainless steel sheet having excellent corrosion resistance includes, by wt %, C: 0.1% or less (excepting 0%), Si: 0.2% to 3.0%, Mn: 1.0% to 4.0%, Cr: 19.0% to 23.0%, Ni: 0.3% to 2.5%, N: 0.18% to 0.3%, Cu: 0.3% to 2.5%, iron (Fe) as a residual component thereof, and other unavoidable impurities, and has relative permeability of 20μr to 80μr. In addition, a microstructure includes, by volume %, ferrite: 30% to 70% and austenite as a remainder thereof.