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We present a second kind integral equation (SKIE) formulation
for calculating the electromagnetic modes of optical waveguides,
where the unknowns are only on material interfaces. The resulting numerical
algorithm can handle optical waveguides with a large number of inclusions of
arbitrary irregular cross section. It is capable of finding the bound, leaky, and
complex modes for optical fibers and waveguides including photonic crystal
fibers (PCF), dielectric fibers and waveguides. Most importantly, the formulation
is well conditioned even in the case of nonsmooth geometries. Our method is highly
accurate and thus can be used to calculate the propagation loss of the electromagnetic
modes accurately, which provides the photonics industry a reliable tool for the design
of more compact and efficient photonic devices. We illustrate and validate the
performance of our method through extensive numerical studies and by comparison
with semi-analytical results and previously published results.