  We consider polymers made of magnetic monomers (Ising or Heisenberg-like) in
a good solvent. These polymers are modeled as self-avoiding walks on a cubic
lattice, and the ferromagnetic interaction between the spins carried by the
monomers is short-ranged in space. At low temperature, these polymers undergo a
magnetic induced first order collapse transition, that we study at the mean
field level. Contrasting with an ordinary $\Theta$ point, there is a strong
jump in the polymer density, as well as in its magnetization. In the presence
of a magnetic field, the collapse temperature increases, while the
discontinuities decrease. Beyond a multicritical point, the transition becomes
second order and $\Theta$-like. Monte Carlo simulations for the Ising case are
in qualitative agreement with these results.
