Vertical pumps are widely used owing to the fact that they occupy small floor space. In this type of pumps, however, the vibrational problems are very important, since, in many cases, they have less stiffness in comparison with lateral pumps. This study presents a simple solution method for calculating the natural frequencies and modes of vertical pumps. In this study, a mode of a vertical pump was developed and the nondimensional parameters for the vibrational characteristics of it were determined. Added mass was calculated for the effects of water and the transfer matrix method was used.