The purposes of this study were first to investigate the effects of the project-based learning (PBL) method and project exhibition event on the success of physics teacher candidates, and second, to reveal the experiment group students' views toward this learning method and project exhibition. The research model called explanatory mixed method, in which both quantitative and qualitative research methods were used. The findings obtained from the research show that there was a significant difference in favor of the experiment group among the point averages of the achievement post-test of the groups. When the findings regarding the questions posed to prospective teachers were examined, it was seen that while they stated that there were a few disadvantages of PBL and project exhibition event, there were many advantages. The results obtained from the quantitative and qualitative data of the research showed that PBL contributed positively to the teaching process and learning characteristics in many aspects.