A method for manufacturing a bead inductor includes the steps of forming a molded body of a resin material or a rubber material including a powdered magnetic substance, including a conductor coil defined by a wound, coated metallic wire embedded in the molded body; cutting both end portions of the molded body so as to expose end portions of the conductor coil; and attaching external terminals to the exposed end portions of the conductor coil so that the conductor coil is electrically connected to the external terminals. In order to increase the reliability of connection between the conductor coil and external terminals, both end portions of the conductor coil are immersed into a solder bath, prior to the molded body forming step, so as to include in the solder bath cutting regions of both end portions of the molded body therein such that soldered portions are formed by removing insulation coating on both end portions of the conductor coil.