Magnetic nanoparticles used in biomedicine have to be biocompatible what can be achieved by the modification of the magnetic particle surface with an appropriate biocompatible substance. In the work protein bovine serum albumin (BSA) was chosen to modify the surface of magnetite nanoparticles. BSA coated magnetite nanoparticles (MFBSA) with different feed weight ratios of BSA to the magnetite Fe₃O₄were prepared and thermally characterized using thermogravimetric analysis.