No, it isnt. Oh its what the Catholic Church has duped people into believing but no where in scripture is there such a thing as apostolic succession. True Christians are guided by the Holy Spirit.
1 John 2:27 But the anointing which ye have received of him abideth in you, and ye need not that any man teach you: but as the same anointing teacheth you of all things, and is truth, and is no lie, and even as it hath taught you, ye shall abide in him.
True Christians are indwelt by the Holy Spirit and it is He who will reveal what we need to know. No magesterium is taught or condoned in scripture. In fact, it is blasphemous against the Holy Sprit to replace Him with some man made office.
First thank you for confirming that protestants are no Christian, since they are not indwelt by the Holy Spirit. Second if you read Acts of the Apostles at the council of Jerusalem, you will see....... wait for it..... the first recoded meeting of the Magisterium.
Dang those pesky Catholics reading the Bible and presenting facts that totally shoot down the prot position.