Like I said, magic is not common at all. The people that do practice it are few and far between, so in all likelihood none of our characters could be mages. But other races are a thing.

The world is not the one we know, and it's separated from the one we know by its fantasy creatures. Anyway, it's not really prioritizing on either. It's a kind of happy medium between the two wherein not everything is medieval-esque or fantasy.