A new simple, efficient and accurate finite element model denoted as FEM-B is developed for the analysis of structural behavior of FRP strengthened RC beams with bond-slip effect. Geometric nonlinearity and material nonlinear properties of concrete and steel rebar are accounted for this model. Concrete, steel, FRP and adhesive are modelled as Solid 65, Link 180, Shell181 and Solid 45 respectively. Concrete is modelled using Nitereka and Neal’s model for compression, isotropic and linear elastic model before cracking for tension and strength gradually reduces to zero after cracking, whereas steel is assumed to be elastic perfectly plastic material. The material of FRP is considered to be linearly elastic until rupture, and adhesive is assumed to be linearly elastic. The bond slip between concrete, adhesive and FRP is based on the bilinear law, which is modelled using spring element Combin 39.The developed new finite element model FEM-B is validated against experimental results, and demonstrates to be effective for the structural analysis of FRP strengthened RC beams.