A systematic approach to determining the requirements of the IT industry for the Master’s degree of Information Systems, a systematic analysis of the European framework of ICT competencies and the MSIS2016 international standard competencies for the development of a competency paradigm of IT education and methods for processing statistical information to analysis the results of the employer’s survey were applied. The scientific novelty is the methodology of development of an educational program for Master’s in Information Systems based on systematization of the IT industry requirements regarding competencies of graduates and statistical analysis of the results of the employer’s survey. Approbation of the research results within the framework of Erasmus+ MASTIS project of the European Union program during pilot implementation of the educational program of Master in Information Systems at six Ukrainian universities gave positive results.