Higher education reform: competency approach to training economic students
The article highlights the key directions of the higher education reforms in Russia according to the Bologna Process. The authors give their views at university position within the reform measures and emphasize competency approach, with some recommendations to develop the mentioned approach while working out new study projects and programs. The article provides comparative analysis of Federal State Educational Standards of the 2<sup>nd</sup> and 3<sup>rd </sup>generations and defines competencies for economic students.