The exchange of faculty between the University and another institution, foreign or domestic, is beneficial for both faculty and students and is one of the University's goals. The usual arrangement is that each of the institutions involved is responsible for the salary of its own faculty member. The visitor to the University will have the title and perquisites of a visiting faculty member at the appropriate rank as recommended by the dean of the school.
Exchange visits may develop as formal agreements between institutions or as informal arrangements initiated by the interested faculty members. Exchanges usually take the form of a one or two semester stay in which the University faculty member assumes the teaching or research duties in the cooperating institution, while the visiting faculty member assumes similar duties here. The deans' recommendations are made on the basis of the needs of the school or department and on the professional quality and language proficiency of the prospective visitor.