In some studies, the effect of magnetic field on heat convection has been investigated given that physical properties are constant regardless of temperature. The effect of magnetic field on heat convection and fluids whose physical properties change by temperature has been investigated in this study as physical properties of fluids change by the effect of temperature. Momentum, continuity and energy equations including electromagnetic force affecting the fluid were used in the solution. Temperatures at axial and radial directions and Nusselt numbers were calculated depending on magnetic field intensity and other physical properties of fluid by solving the equation system written in cylindrical coordinates system by means of one of the numerical methods which is finite difference method. According to results, velocity and temperature of the cooled fluid decreased following an increase in the intensity of magnetic field placed vertically to flow direction. As determined in the previous one, this study also indicated that the increase in Reynolds number increases Nusselt number, and increasing the effect of magnetic field decreases Nusselt number. The theoretical results of the present study are in conformity with the results of our previous one.