A magnetic head for reading out the state of magnetization recorded on a magnetic recording medium, in which the magnetic head comprises a substrate of insulating material, an amorphous magnetic thin film, a pair of current terminals, and a pair of voltage terminals. The amorphous magnetic thin film is deposited on the substrate so as to have a width smaller than respective unit areas of magnetic records on a magnetic recording medium to be separately read out therefrom and to have an easy axis of magnetization in a direction perpendicular to the film surface. The current terminals are formed on the substrate for flowing a current in the amorphous magnetic thin film in the lengthwise direction thereof. The voltage terminals are formed on the substrate for deriving from the amorphous magnetic thin film a voltage induced in the transverse direction thereof.