Striving to reform Belarus high education system according to the Bologna process, the Ministry of Education of Belarus set the target for HEIs to reform curricula from the existing system “5 plus 1” to the system “4 plus 2”, which should comply with the Bologna system principles. However, decreasing a training period from 5 to 4 years for physics specialists causes a certain risk providing an impact on the labor market, because it is a challenge for research institution and enterprises due to supply of specialists with a qualification different from that of the previous graduates. The project will upgrade master-level education in the field of physics (functional nanomaterials and photonics, applied physics, etc.) in four universities of Belarus according to Bologna practices in physical science, to enhance the quality and relevance of education by modernizing study programs, focusing on the use of ICT, and through networking activities to the labour market needs. The main results:• Developed, tested and formally approved curricula for master-level in physical sciences in accordance to labour market needs basing on Bologna practices• Developed didactic materials (e-Books, guides for laboratory works, lecture synopsis, etc.) for upgrading master-level education in the field of physical sciences • Readiness for transition from existing “5 plus 1” to a new training system “4 plus 2” (4 years for bachelors and 2 years for master students study)Learning and teaching methodologies, including learning outcomes and ICT based practices (flexible learning, blended courses, virtual and real mobility, practical placement, etc.) will be developed and validated during the project. Labour market needs will be taken into account. Modernized master-students study programs with 2-years training cycle will be tested during two years: one year during the project, the second year after the project will be finished. The curricula will be in English, Russian and Belorusian.