The paper presents a systematic comparison of four topologies of the interior permanent magnet machine (IPMM) designed for low speed applications. This comparative study investigates the suitability of the concentrated winding and distributed winding in the stator and the flat-shaped or V-shaped magnets in the rotor poles. The paper also studies the inductance characteristics of the designs using finite element analysis. Various steps taken to minimize the cogging torque and torque ripple in the studied machines were also discussed in details.