Slotting effect in electric machines reduces flux per pole that effect magnetic flux density distribution in the air gap which induces harmonics in magnetic flux density causing flux pulsation, that in turn generates dominant torque pulsation in the form of cogging torque and torque ripples. To overcome the abovesaid demerits, a novel outer rotor field-excited flux-switching machine (OR-FSFSM) with a combined semi-closed and open slots stator is proposed in this study. The developed OR-FEFSM offers a high-power factor, due to the utilization of the semi-closed slot for armature coils. The open slot stator structure was chosen for the field excitation coil, which effectively suppresses leakage reluctance that causes flux pulsation. Thus, the influence of torque ripples is reduced, and the average torque is improved. In order to investigate the effectiveness of the proposed OR-FEFSM, a detailed study of stator slot and rotor pole combinations are performed. Based on simplified mathematical formulation, 12S/7P (stator slot/rotor poles), 12S/11P, 12S/13P, and 12S/17P are the most feasible combinations. Finite Element Analysis (FEA) based on comprehensive electromagnetic performance is performed on each combination, and found that 12S/13P offers the highest average torque of 4.62 Nm, whereas 3.72 Nm, 2.72Nm, and 1.68 Nm average torque is offered by 12S/17P, 12S/7P, and 12S/11P, respectively. Based on the initial analysis, 12S/13P was considered for further analysis and optimized using JMAG built-in Genetic Algorithm (GA). Moreover, thermal analysis was performed, and the proposed design was compared with the conventional design.