This study focused on the ultimate strength and curling effect on the strength of single shear bolted connection with austenitic sainless steel (STS201) using finite element analysis. The validation of finite element analysis was verified through the comparisons of ultimate strength and fracture mode between existing test results and numerical predictions. Curling (out-of-plane deformation) was observed in both test and analysis and it reduced the ultimate strength of single shear bolted connections with relatively long end distances. Strength reduction ratio caused by curling was estimated quantitatively by maximum 19%, 32%, respectively for specimens with edge distance, 48mm and 60mm compared with strengths of uncurled connections with restrained out-of-plane deformation.