Ceramic materials are ubiquitous in technologies operating under high mechanical, thermal or chemical constrains. Research in ceramic processing aims at creating ceramics with properties that are still challenging to obtain, such as toughness, transparency, conductivity, among others. Magnetic slip casting is a ceramic process where an external magnetic field is used to align the ceramic grains along preferential crystallographic directions, thereby creating controlled texture. Over the past 20 years of research on magnetic slip casting, ceramics of multiple chemistry were found to exhibit enhanced properties as a result from the texturation. This paper reviews the progress in the field of magnetic slip casting, details the processing parameters, the textures obtained for a diverse range of ceramic materials. The achieved mechanical and functional properties of the magnetically textured parts are presented. This overview of the magnetic slip casting process allows to identify critical directions for future advancement in advanced technical ceramics.