This paper presents two short-circuit fault models of a hybrid excitation flux switching permanent magnet machine, i.e., excitation phase short-circuit and interturn short-circuit in excita- tion windings. Two-dimensional finite element (FE) method is used to calculate the major parameters, such as armature and excita- tion inductances, which are not only functions of rotor position, but also of armature and excitation currents. Moreover, in case of short-circuits, the variations of armature and excitation currents are often significant. This in turn leads to an important change in winding inductances. Therefore, in order to precisely predict machine performance under short-circuit conditions, the use of inductances versus rotor position and RMS currents is essential. With the obtained FE results, two MATLAB/Simulink-based mod- els are established. Then, the previously mentioned short-circuits have been studied and their influences on electromagnetic per- formances, such as armature and excitation currents, speed and torque, armature and excitation copper losses, stator and rotor core iron losses, as well as permanent magnet (PM) eddy current losses are analyzed. Experiments have been carried out to validate the simulations.