In this study, we propose a new equation that evaluates the shear strength of beam-column connections in reinforced concrete and steel beam (RCS) composite materials. This equation encompasses the effect of shear keys, extended face bearing plates (E-FBP), and transverse beams on connection shear strength, as well as the contribution of cover plates. Mobilization coefficients for beam-column connections in the RCS composite system are suggested. The proposed model, validated by statistical analysis, provided the strongest correlation with test results for connections containing both E-FBP and transverse beams. Additionally, our results indicated that Architectural Institute of Japan (AIJ) and Modified AIJ (M-AIJ) equations should be used carefully to evaluate the shear strength for connections that do not have E-FBP or transverse beams.