Participating in the Erasmus Lifelong Learning Programme is for all its participants, students, lecturers and academic institutions alike, an important investment for the future. The experience accumulated by the Institute of Political Science over a dozen or so years demonstrates that it is a profitable investment. The ability to take advantage of the rich study abroad offer under the Erasmus programme is for some high-school graduates a key incentive to take up studies at the IPS, at the University of Warsaw. IPS staff benefit from their experience gained at foreign universities while foreign students have learnt to see the Institute of Political Science as a major academic centre in Europe.