The generations differ in their attitudes, talents, and knowledge. We can reach out to young people using focused and valuable professional communication. Soft skills and a foundation of professional competence are essential in education. Challenge-based learning is becoming increasingly crucial, as is taking advantage of the potential presented by digitalization and artificial intelligence. Financial culture continues to be a priority topic for development. Real, professional information is crucial for students; in addition to ability-based growth, a professional knowledge base is required. Learning through “design thinking” is important because, in addition to re-creating creativity, we must identify the source of every problem and create a solution to it. Creating the foundations for collaborative development is critical, and information transfer is insufficient; effective knowledge exchange is required. Novel educational techniques and platforms have highlighted the importance of transforming course design and evaluation mechanisms, as well as developing new reference values and educational technology frameworks. This has become the level of Education 4.0, with the goal of adapting to market needs and challenges and implementing a higher education concept in which a generation of competitive, highly qualified professionals emerges from the education system, capable of applying appropriate digital tools and channels to corporate and social challenges in order to find a solution. The literature incorporates modern technologies, an understanding of current social settings, and novel teaching approaches into this notion. The education system is built on heutagogic and connectivist principles. The instructor takes on a learning-supporting, collaborative role, and the student can use this to create his own knowledge. It is a difficult task, however, to determine which educational methodological aspects should be retained in the era of new living conditions, and which should be revised in order to connect with the digital and knowledge-sharing competence-based education system. The goal of the article is to categorize and examine these aspects in order to develop an effective and sustainable education system, as well as an effective knowledge transfer process. The article explores the literary history of the development of education and carries out a comparative analysis of the specialized literature, separating educational eras.