you can use corel draw 12 to design the whole magazine ..xara 3d v6 will help for titles
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liams mams inverted nipples.
If you mean "how to design a magazine", you must come up with a theme for your magazine, write articles or pay other people to write articles and take photographs, find somebody to pay for your...
yes u do have to sketch your design first
I saw some useful ones here: http://inspirationfeed.com/2011/03/25-incredible-examples-of-brochure-and-catalog-design/
Scott Dadich on the Wired's Cover Process
How to Design a Magazine Front Cover in Photoshop
The Cultural Importance of the New Yorker Cover Illustrations
Jessica Simpson on Designing Sexy Denim