The paper aims the heat transfer analysis for the flow of two immiscible micropolar fluids inside a horizontal channel, by the first and second laws of thermodynamics under the action of an imposed transverse magnetic field. The plates of the channel are maintained at constant temperatures higher than that of the fluid. The flow region consists of two zones, the flow of the heavier fluid taking place in the lower zone. The condition of hyper-stick is taken on the plates and continuity of velocity, micro-rotation, temperature, heat flux, shear stress and couple stress are imposed at the interface. The velocity, micro-rotation and temperature profiles are derived analytically and these are used to compute the dimensionless expressions for the entropy generation number and Bejan number. The results are presented graphically. It is observed that the imposed magnetic field reduces the entropy production rate near the walls.