This article describes the Five Ways of Mahayana that is a system of multi-stage spiritual practice of the personality following the path of the bodhisattva – personality aiming at full disclosure of his or her potential for the benefit of all creature livings. Theoretical aspects of the Mahayana’s path are analyzed. Practices constituting the basis of the Five Paths of Mahayana are covered. Three bases of Path are considered. They are renunciation, bodhichitta and the wisdom gaining insight into emptiness. Abhisamayalankara text was taken as the source of origin of the teachings on multi-stage path (Lam Rim). Direct source of texts on multi-stage path was « Bodhipathapradīpa» by Atisha compiled for Tibetans after his arrival in Tibet, though origin of Tibetan tradition of the of the multi-stage path go back to Buddha Shakyamuni.