Finite element analysis (FEA) is used to study the characteristics of various objects in different working condition for imitating real life like scenarios. The present work describes an overview of FEM simulations for lower limb prosthetics. The review will give a deep insight for stress interface and load distribution on the residual limb. It enables prosthetists to design the socket for effective functional performance. The study suggests that outcomes through FEA simulations under test conditions is needed It has been observed that predicted outcomes using FEA were in agreement with the experimental measurements. Further, the study suggests that outcomes of the FEA analysis under test conditions may be validated through GAIT cycle.