Do you think the trend discussed in the case will help companies hire more skilled managers and employees to staff foreign operations? Explain.

According to a recent report by the Chronicle of Higher Education, “[t]oday almost every American university that can afford official letterhead seems to have an international strategy. Although such strategies differ widely, one common element in many is an interest in establishing a branch campus in another part of the world.”
Hundreds of branch campuses of U.S. universities now operate overseas, and business schools are generally at the forefront. Here are a few current examples:
• Stanford University, the Massachusetts Institute of Technology, and the University of Nevada have opened up campuses in Singapore, a country that has declared its intention to attract 150,000 international students in the near future.
• Johns Hopkins University has a budget of $20 million for its 100,000-square-foot joint venture with Nanyung University in China.
• The president of New York University (NYU), John Sexton, has appeared in television talk shows with Bill Moyers and Richard Heffner to sell his vision of a global university linked by global technology, and taught by global professors.
As part of this vision, NYU has already opened branch campuses in Buenos Aires, Shanghai, Singapore, and Tel Aviv, with more coming soon.
• Many traditional U.S. public universities are also entering the race to open foreign branches. For example, Michigan State is setting out for Dubai, while Florida State is heading for Panama.

Apart from the expansion of branch campuses overseas, U.S.
universities at home are globalizing rapidly. For instance, 10 percent of the freshmen at the University of Iowa come from foreign high schools. According to the most recent figures by the Institute of International Education, in any single year, more than 200,000 new students come to the United States from China and India alone. At last count, more than half of the PhD’s in mathematics, the sciences, and engineering and a growing proportion of PhD’s in business are nonresident aliens.