Professional Competencies of Specialists in Economic Security Degree Programme

The problem of the formation of professional competencies of specialists in economic secu-rity is caused not only by new technologies, but also by the transformation of existing spheres of professional activity. Russian universities provide training economists in the field of Economic Security in the lack of a corresponding professional standards set offi-cially approved by the Ministry of Labor of the Russian Federation. Thus it updates the search for evidence-based practices that allow formation of majors' professional competen-cies based on corresponding job functions, occupational profile and adequately responding to the labor market demand. To solve it, a theoretical justification is given and an algorithm for the formation of professional competencies. The aim of the study - is to justify the link between theory and practice for implementing a competency-based approach to training economic security professionals by developing an algorithm formation of professional competencies in unity with the sequence of determin-ing indicators of their achievement based on the consistency of the provisions with the re-quirements of the labor market. The methodology and methods of the study are based on the application of the following general scientific and special research technique: gathering of empirical data, comparison, abstraction, specification, analogy. Research results provides a short summary of recommendations for ensuring the effective-ness of the indicators of professional competencies formation during university tenure based on the experiential learning and theory opportunities for students in the field of eco-nomic security to apply the needed knowledge and skills set they gain. A model has been developed for the formation of professional competencies of an economic security specialist, which provides universities with tools to determine the necessary knowledge, skills and abilities in the field of professional activity, which can be diagnosed using appropriate indicators.