This article discusses examples and results of using smart education and Design Thinking methods in teaching students enrolled in a university business school. Using these methods together in the classroom involves teamwork and collective participation in creative processes and decision-making. The article considers the case of the IT project management discipline of the bachelor’s program in business school. Typically, undergraduate students have no experience in creating IT products. Using the considered approach allows them to create a prototype of an IT product using a problem-based learning approach in training and rapid prototyping using modern software tools.