A finite element model of geared rotor system with flexible bearings were used to simulate the critical speeds and to investigate the effects of bearing coefficients on the dynamic behaviors of the systems. The finite element model includes the effects of tooth mesh stiffness, gyroscopic moment, rotary inertia, shear, and torque of the shaft. The gear mesh was modelled as a pair of rigid disks connected by a spring of time varying stiffness. The time varying mesh stiffness results in the abrupt change of the critical speeds of spur geared systems. As the bearing stiffness increases, critical speeds increase rapidly in case of stiff shafts, compared with flexible shafts.