The invention belongs to the field of magnetic material, relating to an electromagnetic shielding material and the making method thereof. The invention is a composite metallic film formed on a conductive substrate by multiple deposition in the water solution, and the obtained composite metallic film is 1-100 mum thick, and each layer of the composite metallic film is 1.1-99.9 mum thick, and the combination between the layers of the composite film is by chemical bond, and each layer is layered. The substrate can be stainless steel, copper plate, Ti plate, Al plate or one of the corrosion-resistant alloy plates, and also made of conductive glass, conductive plastics, polymer high molecular material, or other material; the composite metallic film comprises two or above different metallic film layers; each metallic film layer can be of copper, iron, iron-nickel alloy, nickel-cobalt alloy, iron-cobalt alloy or iron-cobalt-nickel alloy. The invention can shield the frequencies between 50Hz and 100 Hz and the shielding efficacy reaches above 70dB.