The problem of communicative competence formation among master’s degree students on training direction “Economics” in the course of the business English language study is analyzed. It is highlighted that the development of communication competence among the students on training direction “Economics” can be optimized in the course “Business English” due to the principle of discussion problem solving business situations and discussion of collaborative strategies taking into consideration cross-cultural differences of polylogue participants. The degree of successfulness of the business mostly depends on competent build business communication. But it also depends on the ability to start a dialogue and project the variants of its directions. The main points of this approach are presented. The attention is paid to determining the factors of competence formation, professional-dynamic personality, the enrichment method of background knowledge about different cultures for international cooperation, formation of cooperation preparedness, the ways of overcoming nonstandard professional and life situations. The examples of concrete tasks, business communication skills development by creation of educational distant sphere with some problem directions are given. It is concluded that the appeal to educational activity basing on the principle of discussion decision of problem business situations has increased linguistic, communicative and professional levels of students.