This paper analyzes multiconductor quasi-TEM transmission lines and multimode waveguides using the finite element method (FEM) to compute capacitance, inductance, and impedance matrices. The study demonstrates that FEM is effective for modeling interconnects in high-speed digital circuits, achieving accurate results comparable to other methods. Results from two models, including five-conductor transmission lines and symmetrical coupled-strip lines, validate the proposed method and highlight its applicability in engineering problems.