The object of the authors' research is the Olympiad movement at a technical university. This article is a continuation of several articles published by the authors on the Olympiad movement. The thirty-year experience of the assistant professor of the department and co-author of the article is the justification of interest in this area. The authors are interested in the issue prospects for developing of the student mathematical Olympiad. The Olympic movement is considered a unique environment with all participants in the process is immersed. The authors believe that the source of the Olympiad movement was the mathematical club, the result of which is the participation of students in numerous Olympiads, both university and all-Russian, victory in them. The article presents the experience gained by the Department of Mathematics in conducting the regional student Olympiad on the basis of the Irkutsk State University of Railways, on the basis of which conclusions drawn about the need to introduce additional measures, in particular: providing participating universities with a detailed list of program questions and tasks for preparing for the test; presentation of participating universities; The format of the round table related to the analysis of outstanding tasks or errors; excursion to the history of the regional Olympiad. The innovations we have identified and the analysis of existing measures indicate in which direction the further work of the Olympiad movement should be carried out, working on the prospects for its development.