Drilling process is one of the most common, yet complex operations among manufacturing processes. The performance of a drill is largely dependent upon drilling forces, Many researches focused on the effects of drill parameters on drilling forces. In this paper, an effective theoretical model to predict thrust and torque in drilling is presented. Also, with the predicted forces, the stress analysis of the drill tool is performed by the finite element method. The model uses the oblique cutting model for the cutting lips and the orthogonal cutting model for the chisel edge. Thrust and torque are calculated analytically without resorting to any drilling experiment, only by tool geometry, cutting conditions and material properties. The stress analysis is performed by the commercial FEM program ANSYS. The geometric modeling and the mesh generation of a twist drill are performed automatically. From the study, the effects of the variation of the geometric features of the drill and of the cutting conditions of the drilling on the drilling forces and the stress distributions in the tool are calculated analytically, which can be applicable for designing optimal drill geometry and for improving the drilling process,