A systems science examination of the Earth’s fully interconnected dynamic magnetosphere is presented. Here the magnetospheric system (a.k.a. the magnetosphere–ionosphere–thermosphere system) is considered to be comprised of 14 interconnected subsystems, where each subsystem is a characteristic particle population: 12 of those particle populations are plasmas and two (the atmosphere and the hydrogen geocorona) are neutrals. For the magnetospheric system, an assessment is made of the applicability of several system descriptors, such as adaptive, nonlinear, dissipative, interdependent, open, irreversible, and complex. The 14 subsystems of the magnetospheric system are cataloged and described, and the various types of magnetospheric waves that couple the behaviors of the subsystems to each other are explained. This yields a roadmap of the connectivity of the magnetospheric system. Various forms of magnetospheric activity beyond geomagnetic activity are reviewed, and four examples of emergent phenomena in the Earth’s magnetosphere are presented. Prior systems science investigations of the solar-wind-driven magnetospheric system are discussed: up to the present these investigations have not accounted for the full interconnectedness of the system. This overview and assessment of the Earth’s magnetosphere hopes to facilitate (1) future global systems science studies that involve the entire interconnected magnetospheric system with its diverse time and spatial scales and (2) connections of magnetospheric systems science with the broader Earth systems science.