Black Magic:
Fire
Fira
Firaga
Blizzard
Blizzara
Blizzaga
Thunder
Thundara
Thundaga
Flare
Flare (Level 2)
Flare (Level 3)
Ultima
Quake
Quake (Level 2)
Quake (Level 3)

White Magic:
Life
Lifa
Lifega
Osmose
Protect
Reflect
Cure
Cura
Curaga
Regen
Full-Life
Full-Cure
Shell

Gray Magic:
Bio
Doom
Petrify
Blind
Death
Silence
Sleep
Drain
Ultima
Alpha
Omega
Aero
Aerora
Aeroga
Zombie
Comet
Meteor
Holy
Holyra

Red Magic is almost similar to Black Magic and White Magic combined and Blue Magic is dependant on the opponent.