This review article discusses the use of magnetic resonance imaging (MRI) in diagnosing and monitoring multiple sclerosis (MS). MRI plays a key role in MS diagnosis by detecting lesions in the brain and spinal cord to demonstrate dissemination of the disease in space and time. Conventional MRI markers described include hyperintense lesions on T2-weighted, proton density, and fluid-attenuated inversion recovery sequences, which indicate demyelination and inflammation. Hypointense lesions on T1-weighted sequences ("black holes") correlate with axonal loss. Lesion number, location and volume provide information on prognosis and can predict disability and disease progression. Non-conventional MRI techniques discussed provide additional insights into MS pathology.