The Bundesliga side was paired with AC Milan, Heerenveen, Braga and Portsmouth in the UEFA Cup draw today.
Magath said: “I am looking forward of course to AC Milan. That is a great game for us.
“The group altogether is very interesting. But we can measure up to teams like Heerenveen and Braga.
“We want to come through the group stage. It will be above all an important experience for our young players, to see how they match up against opponents at this level.
“Through the games in the group phase our team as a whole will develop.”