Mn 54Àx Al 43 C 3 Zr x (x ¼ 1, 3) alloys were prepared by rapid solidification followed by heat treatment to produce the ferromagnetic s phase. The substitution of Zr for Mn in the structure resulted in an increase of the saturation magnetization (M s ) compared to that of Mn 54 Al 43 C 3 . While the highest M s (128 6 1 emu/g) was obtained in Mn 53 Al 43 C 3 Zr 1 , the coercivity was also improved to 1.62 kOe, compared to 1.25 kOe for Mn 54 Al 43 C 3 . To further improve the coercivity through grain refinement, additional C (1%, 3%, 5%, and 7%) was added to Mn 53 Al 43 C 3 Zr 1 . An increase in the coercivity was observed due to a decrease of grain size and the formation of nonmagnetic phases, which reduced the magnetostatic interactions between the s-phase grains. However, excess C reduced the saturation magnetization due to the formation of the other non-ferromagnetic phases, including e, c 2 , and b phases. V C 2015 AIP Publishing LLC. [http://dx