To get accurate vibration analysis of rotor-bearing systems, finite element models of high speed rotating shaft, unbalance disk, and fluid film journal bearing are developed. The study includes the effects of rotary inertia, gyroscopic moment, damping, shear deformation, and axial torque in the same model. It does not include the axial force effect, but the extension is straighforward. The finite elements developed can be used in the analysis design of any type of multiple rotor bearing system. To show the accuracy of the models, numerical examples are demonstrated.