The main challenge of modern technical education is the сontinuous acceleration of technical progress and shortening of the products life cycle. Thus, the curriculums and courses are quickly aging and we need to keep them up to date. This process can be very complicated for traditional universities chained by bureacracy. The possible solution is trivial and well-known - individual curriculums, personal tutoring, project-based education that is deeply connected with business, science and real world applications. I heavily doubt in distance learning - in my opinion, it produces semi-professionals without real practical background and with lack of academic values. Nevertheless, distance learning can be effective for requalification and advanced courses, as well as for self-educational purposes.