Distinctive features of the school include close cooperation with the Kharkiv Institute of Physics and Technology, and fundamental theoretical training in style of the Landau school, to which many instructors of the faculty belong.

In 1969 the school moved from the main building of the university to a separate campus in the Pyatikhatki district, to be closer to the Kharkiv Institute of Physics and Technology.

[1] The first three years of bachelor studies at the school are devoted to general physical and mathematical training.

In semesters 1-5 a number of mathematical disciplines are taught: calculus, analytic geometry, higher algebra, complex analysis, equations of mathematical physics, probability and statistics, and numerical methods.

General physics and mathematical courses are accompanied by practical classes and extensive homework assignments.

[2] After the 6th semester, students are distributed among the departments of the school, depending on their preferences and ranking.

In addition, the professors of the department teach most of the bachelors-level mathematics and theoretical physics courses at the school.

On Fridays, the seminar Problems of Modern Physics is held at the school (jointly with KIPT).

In August, before the beginning of the academic year, additional math classes for new freshmen are held, in which the school course of algebra and introductory calculus is rehearsed.

At the end of the fall semester, the Day of Phystech is held, which includes a concert prepared by the students themselves.