Equivalent circuit parameters serve as the basis for performance estimation and implementation of power electronic drives controls and therefore their accurate evaluation is very important. Specified in the newly approved IEEE Std 1812, a short-circuit test can be employed, in combination with an opencircuit measurement, in order to determine the back emf and the synchronous inductance. In the case of interior permanent magnet (IPM) machines, this approach can be used only to determine the d-axis inductance and additional and separate measurements are required for the q-axis inductance. In this respect, various methods, inclusive of dc step response tests, onload tests, and a widely used test in industry, which involves locked-rotor measurements at variable voltage and constant frequency supply, are studied in detail, based on 2D finite element analysis. Locked-rotor methods based on dc current supply and static torque versus rotor position measurements are introduced for determining the q-axis inductance in combination with the standardized open-circuit and short-circuit tests. A critical study of the inductances determined from different tests is conducted, and experimental results on an IPM motor design with nonsinusoidal back emf, relatively high torque ripple, and low leakage are presented.