Such a MEDIA MUNDUS programme would follow the model of the student exchange programme ERASMUS MUNDUS that had been added in 2001 to the already existing ERASMUS programme in order to make an exchange between European universities and universities in third countries possible.
Programmi MEDIA MUNDUS puhul järgitaks skeemi, mida kasutati õpilasvahetusprogrammi ERASMUS MUNDUS puhul, kui see lisati 2001. aastal olemasolevale programmile ERASMUS, et toetada õpilasvahetusi Euroopa ja kolmandate riikide ülikoolide vahel.