The magic in Heroes of Might & Magic V is currently divided in 4 schools: light, dark, summoning and destructive. This may still evolve until the end of the project, but we can already give a big picture of what magic will look like in the game.

The School of Light spells include: Blessing of Strength, Blessing of Speed, Blessing of Endurance, Blessing of Cleansing, Blessing of Might, Blessing of Evasion, Magical Immunity, Teleportation, Word of Light, School of Darkness

The list of School of Darkness spells include: Curse of Rage, Curse of Blindness, Curse of Weakness, Curse of Vulnerability, Curse of Confusion, Curse of Enslavement, Curse of Weariness, Curse of the Netherworld, School of Summoning,

The list of School of Summoning spells include: Vessel of Shalassa, Fist of Wrath, Wasp Swarm, Phantom Forces, Earthquake, Summon Elementals, Instant Travel Town Portal, School of Destruction

The list of School of Destruction spells include: Eldritch Arrow, Lightning Bolt, Ice Bolt, Fireball, Circle of Winter, Chain Lightning, Earthshock, Armageddon