A control scheme for an surface-mounted permanent-magnet synchronous (SMPMS) drive uses a combination of an open-loop magnetizing current reference calculation and a stabilizing feedback term, which speeds-up the torque transient response. The feedback term increases the stability margin during torque transients by increasing the available voltage margin for current control. The magnetizing current reference calculation takes into account the saturation effects in the SMPMS drive, which occur at peak torque points, and compensates for them. By taking into account saturation effects, stable operation at high speed is achieved, thereby increasing the speed range of the SMPMS drive.