The effects of heating rate on the combustion temperature, the ignition temperature, the microstrurcture and the shape memory ability of products formed by combustion were investigated. The ignition temperature decreased with increasing heating rate. Combustion temperature and ${Delta}T$(difference temperature between the ignition temperature and the combustion temperature) increased with increasing heating rate. The grain size of the product increased with increasing heating rate. Combustion synthesis did not completely occur below the heating rate of $10^{circ}C/min$. NiTi intermetallic compound was completely formed at the heating rate of $600^{circ}C/min$ and the product by combustion method had a good shape memory effect.