The present disclosure provides a glutinous rice cake with mugwort containing red bean paste and a method for manufacturing the same. The method for manufacturing a glutinous rice cake with mugwort containing red bean paste includes: (a) pre-treating and freeze-storing mugwort; (b) soaking glutinous rice in water then mixing it with secondary materials including bay salt and sugar; (c) blending the soaked glutinous rice and secondary materials with thawed mugwort and steaming the same to prepare steamed glutinous rice grains with mugwort; and (d) putting the steamed glutinous rice grains with mugwort in a pounding machine, firstly crushing the same to prepare a glutinous rice cake with mugwort, secondly crushing the first-crushed glutinous rice cake with mugwort in the pounding machine, filling the rice cake with red bean paste including walnut powders and forming the mixture into a glutinous rice cake with mugwort containing red bean paste.