As part of the effort to reduce the weight of powertrain, a hollow crankshaft has been designed. The mass reduction of the crankshaft changes the dynamic properties of the crankshaft such as moment of inertia, and torsional, bending stiffness. The purpose of this paper is to compare the dynamic behavior of the hollow crankshaft with that of the original, solid crankshaft. Global dynamic behavior of the crankshaft is analyzed bgy the transfer matrix method(TMM). The crankshaft has been modeled by 38 lumped mass and stiffness elements. The dynamic patameters of each lumped element are provided by Finite Element Method(FEM). The responses of the crankshaft from TMM are fed back as loading conditions to the Finite Element model to obtain dynamic stresses for critical areas of the crankshaft.