In our contemporary society, the internationalization of higher education through academic mobility not only prepares individuals to work in a global world but also live in it. Through tracing the shifting rationales of internationalization of higher education and the increasing importance of cultivating individuals to learn to understand and live together for the 21st century, the paper explores the intersection of the how the personal outcomes of internationalization of higher education through academic mobility form the social outcomes in terms of knowledge diplomacy through cultivating knowledge of the host country and world.