The idea that quantum randomness can be reduced to randomness of classical fields (fluctuating at time and space scales which are essentially finer than scales approachable in modern quantum experiments) is rather old. Various models have been proposed, e.g., stochastic electrodynamics or the semiclassical model. Recently a new model, so called prequantum classical statistical field theory (PCSFT), was developed. By this model a “quantum system” is just a label for (so to say “prequantum”) classical random field. Quantum averages can be (...) represented as classical field averages. Correlations between observables on subsystems of a composite system can be as well represented as classical correlations. In particular, it can be done for entangled systems. Creation of such classical field representation demystifies quantum entanglement. In this paper we show that quantum dynamics (given by Schrödinger’s equation) of entangled systems can be represented as the stochastic dynamics of classical random fields. The “effect of entanglement” is produced by classical correlations which were present at the initial moment of time, cf. views of Albert Einstein. (shrink)