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This paper is dedicated to studying the pedagogical, psychological and methodological aspects of teaching public speaking to management students. Over the course of the research a study of pedagogical and methodological aspects of teaching English to speakers of other languages (TESOL) was conducted. Psychological characteristics of undergraduate students were analyzed as well. A number of speaking rubrics were examined; a list of rubrics for assessing presentation speech was created. Besides, the principles of teaching were investigated, as it is dictated by the commonly adopted European methodology. The principles appropriate for the purposes given were selected and explained. In addition, teaching approaches and methods suitable for the case at hand were determined. A set of exercises that promote presentation skills was created with the focus on a pitch session technique. The set of exercises was implemented in teaching undergraduate management students of Peter the Great St. Petersburg Polytechnic University; the results were collected and evaluated.