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The paper analyzes the key methods and technologies of extracurricular work currently used in higher education institutions. The authors present the major literature review on various aspects of the theory of education, as well as existing approaches in this field. Also, using general scientific and special methods of scientific research, the authors dissect various forms of extracurricular work, the use of which is accompanied by the selection of certain technologies. The paper also considers the experience of the Financial University under the Government of the Russian Federation. The study shows the carry out extracurricular work out in numerous areas, such as support for talented youth; development of the creative potential of students, volunteering, self-governance; education of the basics of citizenship, patriotism, responsibility and promotion of a healthy lifestyle. The assay of the methods available to the university shows the most effective one is to focus efforts on three key areas: the formation of students’ individual qualities for practical activities arranging, and a student’s stimulation (or punishment). According to the study results, the authors developed practical recommendations on the use of methods and technologies of extracurricular work, as well as they presented the organizational structure, general methods and special technologies of extracurricular activities for the formation of a personality with a conscious civic position.