The Faraday rotation influence factors in tellurite-based glass and fibers were studied by experiments and simulations. TeO2–ZnO–Na2O–BaO glass family was fabricated and characterized in terms of the thermal and magneto-optical properties. Two core–cladding pairs for two fibers were selected from fabricated glasses. The Verdet constants of the glasses and fibers were measured at different wavelengths using a homemade optical bench, and the Verdet constant of fiber was close to that of the bulk glass. The influence from external factors (wavelength, laser power and magnetic field) and internal factors (thermal expansion coefficient difference, refractive index and Verdet constant of core and cladding) on Faraday rotation in fibers was investigated and discussed, and the purpose of this study is to improve the Faraday rotation in tellurite fibers for MO device applications both from internal material property match and external parameter configuration in measurement.