This review is focused on various properties of quantum phase transitions in the Interacting Boson Model of nuclear structure. We outline the most important fields of the present interest: (a) The coexistence of first- and second-order phase transitions supports studies related to the microscopic origin of the QPT phenomena. (b) The competing quantum phases are characterized by specific dynamical symmetries, and novel symmetry related approaches are developed to also describe the transitional dynamical domains. (c) In some parameter regions, the QPT-like behavior can be ascribed also to individual excited states, which is linked to the thermodynamical and classical descriptions of the system. (d) The model and its phase structure can be extended in many directions: by separating proton and neutron excitations, considering odd-fermion degrees of freedom or different particle-hole configurations, by including other types of bosons, higher order interactions, and by imposing external rotation.