The new action of EU, Erasmus+ International Credit Mobility (ICM), funds short term student and staff mobility between European and Partner Countries. With this project, which can be described as the geographically extended version of already known Erasmus+ Exchange Program, student and staff mobility can be funded by the EU.
İstanbul Şehir University has become the third university across all universities that received the highest amount of grants by the Turkish National Agency within the scope of Erasmus+ International Credit Mobility (ICM) in the 2017 project year. Therefore, İstanbul Şehir University will carry out exchanges with the following countries and universities during the academic years 2017-2018 and 2018-2019:
| COUNTRY | PARTNER UNIVERSITY |
| Albania | University of Elbasan |
| Algeria | Hassiba Benbouali University of Chlef |
| Azerbaijan | Ada University |
| Bosnia and Herzegovina | International University of Sarajevo |
| Canada | Wilfrid Laurer University |
| Colombia | Pontificia Universidad Javeriana |
| Japan | Yamaguchi University |
| Jordan | German-Jordanian University |
| Jordan | Princess Sumaya University for Technology |
| Jordan | World Islamic Sciences and Education University |
| Kazakhstan | Almaty Management University |
| Lebanon | Lebanese International University |
| Mexico | Universidad Jesuita De Guadalajara (ITESO) |
| Pakistan | COMSATS Institute of Information Technology |
| Tunisia | University of Tunis El Manar |
| Tunisia | University of Sfax |
| Tunisia | University of Sousse |
| Ukraine | National Technical University of Ukraine |
| USA | Beloit College
|