The Baden-Wuerttemberg Cooperative State University was the first higher education institution in Germany to combine on-the-job training and academic studies. The study model integrates theory and practice, both being components of cooperative education. The success of this university is based on its cooperation with over 10,000 companies. Students are employed and remunerated for the duration of their studies by their partner company. In South Africa and Namibia, while cooperative education programs have a rich history, the study models developed lack the commitment from industry to invest in work-integrated learning. The present study models involve students taking up unpaid practical semesters, in order to achieve the transfer of theoretical knowledge into a practical work-related setting. This comparative study outlines how universities of higher education, in Germany, South Africa and Namibia, in cooperation with industry, can further develop their model, in order to achieve financial stability and employment security for their students.