Transcranial Magnetic Stimulation (TMS) is a tool for the non‐invasive stimulation of the human brain. It allows the activation of arbitrary sites of the superficial cortex and, combined with other brain‐imaging techniques such as EEG, PET, and fMRI, it can be used to evaluate cortical excitability and connectivity. This is of major importance in, for example, the study of cognitive processes such as language, learning, memory and self‐representation, which are thought to be represented in multiple brain areas. The mechanisms of action of TMS are known on a basic level, but its effect on the activation state of brain tissue is still poorly understood. Clinical applications of TMS have also been proposed and guidelines for its safe use drafted.