A large number of behavioral experiments have demonstrated the existence of a magnetic sense in many animal species. Further, studies with immediate gene expression markers have identified putative brain regions involved in magnetic information processing. In contrast, very little is known about the physiology of the magnetic sense and how the magnetic field is neuronally encoded. In vivo electrophysiological studies reporting neuronal correlates of the magnetic sense either have turned out to be irreproducible for lack of appropriate artifact controls or still await independent replication. Thus far, the research field of magnetoreception has little exploited the power of ex vivo physiological studies, which hold great promise for enabling stringent controls. However, tight space constraints in a recording setup and the presence of magnetizable materials in setup components and microscope objectives make it demanding to generate well-defined magnetic stimuli at the location of the biological specimen. Here, we present a solution based on a miniature vector magnetometer, a coil driver, and a calibration routine for the coil system to compensate for magnetic distortions in the setup. The magnetometer fits in common physiology recording chambers and has a sufficiently small spatial integration area to allow for probing spatial inhomogeneities. The coil-driver allows for the generation of defined non-stationary fast changing magnetic stimuli. Our ex vivo multielectrode array recordings from avian retinal ganglion cells show that artifacts induced by rapid magnetic stimulus changes can mimic the waveform of biological spikes on single electrodes. However, induction artifacts can be separated clearly from biological responses if the spatio-temporal characteristics of the artifact on multiple electrodes is taken into account. We provide the complete hardware design data and software resources for the integrated magnetic stimulation system.