In today's labor market, competitive professionals are capable of continuous self-improvement and comprehensive solutions to various problems of life. Such characteristics of the specialist are best provided by the competence approach, which is the basis in the methodological strategy of modern higher professional education. Therefore, research on the range of issues related to the competency approach is timely and relevant. The problem of applying the competence approach in educational institutions was studied by V. Antipov, I. Bekh, I. Zymnyaya, I. Zyazyun, I. Yermakov, N. Kunitsyna, O. Ovcharuk, G. Pakhomov, A. Khutorsky, and others. According to researchers, the appeal of modern pedagogy to the competence approach is due to: significant changes in society, accelerating the pace of socio-economic relations; search for new concepts in education that reflect changes focused on the reproduction of such personality traits as mobility, dynamism, constructiveness, professionalism; etc. The purpose of our article is to study the substantive essence of the competency approach, interpretation of its key concepts, the possibilities of application in higher education institutions, in particular, in the process of training future music teachers. It is revealed: 1. today the majority of representatives of the scientific community recognize that the competence approach is a methodological guideline for the modernization of modern education; 2. competence approach has significant potential in the formation of future music teachers; 3. Regarding the definition of the essence and content of key concepts of the competence approach among scientists there are still discussions. Thus, the analysis of interpretations of the terminological apparatus of the studied educational paradigm allowed to single out the essential characteristics of its main categories. Competence is an integrative ability of an individual to activate and effectively apply the acquired knowledge, skills, abilities, experience, personal qualities in a certain practical activity or life situation. Competence is a socially fixed educational result that allows a person to carry out productive activities in a particular field. Competences are educational requirements for the training of specialists, the implementation of which ensures a person's success in a certain area of life. The result of professional and pedagogical training of a student in the Free Economic Zone is the competence of professional activity formed during training. Among the basic competencies of a student-musician are: theoretical, performing and personal.
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