This document explores some aspects of Competency Based Teacher Education (CBTE) in the area of elementary mathematics teaching methods. The essential and distinguishing features of CBTE are examined. The following topics are discussed in detail: (1) how competencies may be identified; (2) the effects of a competency orientation on methods courses; (3) student teaching and internship experiences; and (4) research trends related to CBTE. In conclusion, the development of a competency is described. The author summarizes the advantages to viewing teacher preparation from the competency orientation. (JD)