Introduction. In the conditions of changing markets professional managers and entrepreneurs, who are able to accelerate economic growth in order to overcome the emerging geopolitical problems, are needed more than ever. In this regard, it is important to consider the problems and identify the opportunities that the current management and entrepreneurial education in universities faces.
Aim. To analyse existing approaches to combining theoretical and practical education, identify their shortcomings, and offer recommendations on optimising the process of training specialists in managerial and entrepreneurial profile.
Methods. Main research methods: theoretical analysis of scientific publications, analysis of statistical data of the Ministry of Economic Development and the Public Opinion Foundation (FOM).
Results. A set of steps to change entrepreneurial education in universities, which incorporate practical assignments, internship programmes, and mentoring is proposed.
Scientific novelty. The identification of the need to integrate theoretical and practical education in the process of training specialists.
Practical significance. The results of the study can be used in the development of new and the adjustment of existing training programmes for managerial and entrepreneurial specialists.