The article presents the results of the empirical study which serves the purpose to analyze and compare value profiles of modern university lecturers and students as the main subjects of educational process. To verify the assumption that there was no value gap between the representatives of the studied groups a research among 80 participants (60 students and 20 teachers) has been made. The “Portrait Questionnaire” by S. Schwartz was used as a diagnostic tool and the criterion Mann – Whitney was used to establish the significance of the differences.