In a magnetic recording medium with a back coat layer including polyurethane having a Tg (glass-transition temperature) below room temperature, isocyanate hardener, carbon powder and inorganic abrasive pigment are formed on a face of a non-magnetic substrate opposite a face covered by a magnetic recording film. Using this back coat layer, improved post contact characteristics and the like are obtained and smooth running conditions under small tensions are realized. Further, the magnetic recording medium causes only a small amount of head wear, and the medium has improved wear resistance.