In this paper, by using a semi-analytical solution based on multi-layered approach, the authors present the solutions of temperature, displacements, and transient thermal stresses in functionally graded circular hollow cylinders subjected to transient thermal boundary conditions. The cylinder has finite length and is subjected to axisymmetric thermal loads. It is assumed that the functionally graded circular hollow cylinder is composed of N fictitious layers and the properties of each layer are assumed to be homogeneous and isotropic. Time variations of the temperature, displacements, and stresses are obtained by employing series solving method for ordinary differential equation, Laplace transform techniques and a numerical Laplace inversion.