Behavior of spin waves was investigated in patterned Mu-metal thin film both theoretically and experimentally. The Mu-metal(111) thinfilms with 7nm thickness were grown by thermal evaporation technique in high vacuum condition. X-ray diffraction measurements showed that the film has a highly FCC crystalline structure. Saturation magnetization and coercive field values of sample obtained from vibrating sample magnetometer are around 500emu/cm3 and 10Oe respectively at room temperature. The patterns were square shaped and size of squares were changed between 40–80µm. Theoretical model and computer program were developed for analyzing the FMR spectra. There is no magnetic anisotropy for in-plane and out-of-plane geometry by both theoretical and experimental investigations. Magnetostatic modes were observed for out-of-plane geometry and these modes were highly compatible with outputs of simulation model.