This paper presents an electromagnetic interference (EMI) model to evaluate the conducted common mode (CM) disturbances produced by matrix converters (MCs). The model is based on obtaining a high frequency (HF) equivalent circuit with HF sources representing the switching devices. The circuit resolution in the frequency domain allows the calculation of any EMI parameter with very low computational burden and avoids convergence problems, which are common in time domain methods. The original contribution lies in the source model implementation and placement. The simulation and experimental results for CM leakage currents validate the EMI model.