In this paper, power losses in high-speed switched reluctance machine (HS-SRM) is studied considering the copper loss, including skin and proximity effect, iron loss in machine side; switching and conduction losses in the drive circuit side using interactive coupled simulation methods. In high frequency fed electric machines, copper losses are increased due to the skin and proximity effects. Moreover, iron losses play a significant role in total electrical losses. Nevertheless, its computation is not straight. In addition, power electronics switching devices cause both conduction and switching losses in the SRM drive circuit. Switching loss may reach excessive levels with the high-frequency switching. In this study, the losses are calculated detailed though coupled simulation method. Different wire constructions in the bundle are analyzed and compared. Finally, circuit simulation is performed on different switching devices. The results prove that high-speed switched reluctance machine driving and operating efficiency is really sensible to design methodology with suitable material and device selection.