The paper describes a methodology for an efficient design of novel products based on magneto-dielectric (ferrite) materials with desirable frequency responses that satisfy EMC and SI requirements. The methodology starts from estimating complex permittivity and permeability of these materials. This requires measurement techniques, approximation resultant frequency characteristics for permittivity and permeability using a curve-fitting procedure, and development of a full-wave numerical simulation tool that could deal with frequencydispersive materials. An example of a ferrite material measurement, constitutive parameters extraction using a genetic algorithm, and corresponding FDTD modeling over the frequency range from 10 to 500 MHz is provided.