We have constructed an algorithm to treat quantum mechanical dynamics, such
as the nonadiabatic transitions in a dissipative environment, by making us
e of the formula of reduced density matrix, i.e., Quantum Master Equation (
QME). We applied the method to investigate dynamics of magnetization of nan
oscale magnets, such as Mn-12 and Fe-8, ina time dependent field. Due to th
e discreteness of the energy levels in small systems the resonating tunneli
ng phenomena play an important role. At relatively high temperatures the ex
cited levels contribute to the transition and the transition rate depends s
ignificantly on the temperature. On the other hand, at very lour temperatur
es the magnetization process does not depend on the temperature. Even at su
ch a low temperature, the effect of environments is still relevant. We demo
nstrate such a process with the method of QME. We also analyze temperature
dependent phenomena of hysteresis of the nanoscale magnets.