The increasing demand for offshore wind energy is leading the industry to look for expansions into deep oceans. This development has compelled the industry to venture in to floating offshore installations for wind turbines. The floating installations lead to complex rotor motions in 6 degrees of freedom. The current work focusses on various aerodynamic effects on the turbine rotor due to coupled wind and wave forces. In this research work, the dynamic effects of the platform pitching motion on the rotor for OC3 phase IV case 5.1 are studied with rigid body assumption using high fidelity CFD (Computational Fluid Dynamics) commercial tool and semi empirical tool called FAST which is developed by NREL, USA. The hydrodynamic effects leading to the pitching motion of the turbine platform are extracted from the NREL FAST software. These pitching motions are coupled with the rotating blades to study transient flow behaviors using CFD tools. The results are compared with the standard BEM based methods to identify the discrepancies if any. Moreover, fine variation of rotor power/load due to dynamic pitching of the floating platform is also compared. The induction factors are extracted from the CFD results for every time step and are compared with those obtained with BEM based methods. Moreover, the application of CFD induction factor methods are introduced for cyclic load variations due to the rotor plane motions to check the validity of the BEM for FOWT application.