The article deals with some questions concerning the model of the formation professionally oriented competence in the English reading for the future managers and with the problem of the development of strategic skills of ESP reading. There has been grounded the necessity of students’ mastering the above-mentioned competence. The term “professionally oriented competence in English reading for the future managers” has been defined. This model falls into the following groups: planning, inferring, hypothesis testing, revising hypotheses. The author gives a full description of the modelling. The reading skills are suggested to be developed with the help of corresponding electronical exercises and tasks. It has been proved that pre-reading exercises aim to form strategic skills of planning, reading exercises and tasks enable to use reading strategies of inferring and compression while post-reading tasks help to develop strategies of evaluating and correcting. The research results can be used for further studies of the problem. The principles of constructing the model in English reading competence: cyclicality, systematicity, professionally orientation and stepwise learning are singled out. The stages of formation professionally oriented competence in English reading are substantiated. The means of forming foreign language competence in reading and ways of controlling its level of formation are determined. The linguistic characteristics of English financial and economic texts and psychological mechanisms of their vocabulary learning have been determined. The linguodidactic model of developing English lexical competence of the future financiers in the process of reading professionally oriented texts has been elaborated and the corresponding system of exercises has been modelled. The criteria, evaluative indicators and levels of developing English reading competence of the future managers in the process of reading professionally oriented texts have been defined.