Hot stamping represents an innovative manufacturing process for forming of advanced high strength steels, implying a sheet at austenite temperature being rapidly cooled down and formed into a die at the same time (quenching). This affords the opportunity to manufacture components with complex geometric shapes, high strength and a minimum of springback which currently find applications as crash relevant components in the automotive industry. With regard to the numerical modeling of the process, the knowledge of thermal and thermo-mechanical properties of the material is required. The material model under hot stamping condition of advanced high strength steel should be set up. The Finite Element Analysis is an essential precondition for a good process design including all process parameters. This paper presents the finite element simulation of a hot stamping process and describes a number of procedures for the simulation of hot stamping. In addition, the development direction is pointed out at the end of this paper.