In this paper, we designed the acoustic horn for magnetostrictive ultrasonic transducers in a theoretical manner, and validity of the analysis was verified through comparison with the results of finite element analysis. Results of the two analysis methods showed good agreement with each other. The theoretical method can fairly quickly determine the horn length that satisfies given frequency specification, but also has the drawback that it is applicable only to the frequency range over the cut-off frequency. According to the results, the catenoidal horn can provide larger amplification than the exponential horn. It was also found that it is more desirable for the region having the catenoidal curvature to be as short as possible to achieve larger amplification of the transducer deformation. Based on the analysis results, a magneto-strictive transducer sample was fabricated and its performance was evaluated experimentally. The transducer has the resonance frequency of 19.3 ㎑ as well as the maximum SPL of 199 dB, and shows the omni-directional radiation pattern.