Metallic glasses are known for their mechanical properties but lack plasticity. This could be prevented by combining them with other materials or by inducing a second phase to form a composite. These composites have enhanced thermo-physical properties. The review paper aims to outline a summary of the current research done on metallic glass and its composites. A background in the history, properties, and their applications is discussed. Recent developments in biocompatible metallic glass composites, fiber-reinforced metallic glass, ex situ and in situ, are discussed.