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Expansion of international branch campuses (IBCs) is a phenomenon on the rise and host countries welcome them in hopes of addressing the need for quality education and preventing the issue of brain drain. The purpose of this study is to examine whether the outbound mobility of tertiary level students is affected by the launching of IBCs in the developing countries. The study employed “Push-Pull” framework and analyzed annual, country-level panel data covering 12 host countries within the time frame of 1999-2011. Results indicate that there is a statistically significant relationship between the increase in outbound mobility and low-income countries, annual GDP growth, and unemployment rate but the impact can be mitigated by the introduction of IBCs in the country.