Create dummy variable from text?

[SPSSnewb]

One of my variables consists of a range of company names (i.e. Widget, Inc.) as well as university and college names (i.e. University of Georgia). I'd like to create a dummy variable that codes all cells containing the words "college" or "university" as 1 and codes all other cells as 0. How should I go about this process? Thanks in advance for your time!

[Bruce Weaver]

Suppose your variable is V, and the new variable is Flag.  Something like this ought to do it:

compute #U = char.index(UPCASE(V),"UNIVERSITY") GT 0.
compute #C = char.index(UPCASE(V),"COLLEGE") GT 0.
compute Flag = #U or #C.
formats Flag(f1).

SPSSnewb wrote

One of my variables consists of a range of company names (i.e. Widget, Inc.) as well as university and college names (i.e. University of Georgia). I'd like to create a dummy variable that codes all cells containing the words "college" or "university" as 1 and codes all other cells as 0. How should I go about this process? Thanks in advance for your time!