The quality and content of sport management curriculum is an ongoing issue of concern by academia and in sport practice. Our study contributes to the endeavour of setting the ideal competence and educational model for sport managers by summarizing the current status quo on how the competencies and the professional standards for sport managers are identified and defined. The recognized competence models for managers as well as a concept of outcome and competency-based education are discussed. The most important current and future competencies for sport managers as identified by 557 practitioners and experts from four sports sectors over the survey carried out from 2017- 2019 by partners from nine European countries within NASME (New Age of Sport Management) Erasmus + project, are presented. Using the results of the project the suitability of a general managerial competency model to determine the competency model for the profession of sports manager was examined. Moreover, the study reflects the extent to which current accreditation standards in the United States and the United Kingdom use competency models.