Surface-functionalized polymer composites with spherical particles as fillers offer great qualities and have been widely employed in applications of sensors, pharmaceutical industries, anti-icing, and flexible electromagnetic interference shielding. The directional migration and dispersion theory of magnetic microparticles in polypropylene (PP)-matrix magnetic composites must be studied to better acquire the functional surface with remarkable features. In this work, a novel simulation model based on multi-physical field coupling was suggested to analyze the directed migration and distribution of magnetic ferroferric oxide (Fe₃O₄) particles in injection molding assisted by an external magnetic field using COMSOL Multiphysics^® software. To accurately introduce rheological phenomena of polymer melt into the simulation model, the Carreau model was used. Particle size, magnetic field intensity, melt viscosity, and other parameters impacting particle directional motion were discussed in depth. The directional distribution of particles in the simulation model was properly assessed and confirmed by experiment results. This model provides theoretical support for the control, optimization, and investigation of the injection-molding process control of surface-functionalized polymer composites.