The Bologna process in Belarus has brought new challenges to Higher Education (HE) institutions in the country. HE sector in Belarus has been undergoing the transformational process from the traditional to new modes of learning. This article presents the survey data of Erasmus + KA2 programme project “Fostering Competencies Development in Belarusian Higher Education – FOSTERC” on the issue of learning modes in Belarusian HE and student learning outcomes. It also discusses the possibilities of encouraging competency-based education in Belarus by fostering mobility of HE teachers and HE students and HE graduates internships.