Middlebury Institute of International Studies at Monterey. Formerly the Monterey Institute of International Studies

Peace Corps Master's International MBA

Ashley Burke, Peace Corps Niger

Ashley Burke, MAIPS 2009 Peace Corps Niger

Combine your MBA in Global Impact Management with Peace Corps service through the Peace Corps Master's International Program (PCMI).

PCMI Program Overview

Available to Fall and Spring incoming students (depending on the program), the Peace Corp Master's International (PCMI) program uniquely prepares students to fulfill challenging Peace Corps field assignments in developing countries.  While attaining a degree from the Institute and carrying out the Peace Corps mission, students will apply theoretical knowledge learned in the classroom to real-life business development projects.

How it Works

  1. You'll enroll in the One Year (12-month) or 20-month MBA program at the Institute to complete core business classes, focused electives, and capstone assignment. You'll spend three semesters on campus for the 20-month program and two semesters for One Year MBA.
  2. You'll then fulfill 27 months of Peace Corps service (3 months of training in country followed by 24 months of service). 
  3. Upon completion of service, you'll return to the Institute campus for one final semester (in most cases), either in fall or spring.

The Peace Corps Assignment

MBA Peace Corps volunteers work in a variety of fields such as business consulting, NGO development, small enterprise development, community development, educational consulting, and privatization.  Typical projects include:

  • Ecotourism
  • Microenterprise development
  • Microcredit financing
  • Textile and creative arts marketing
  • Municipal government capacity building
  • Business education

The Institute will work with the student and the Peace Corps to ensure that the assignment supports the degree studies and the mission of the Peace Corps.

The Business Development Project

During their Peace Corps service, students maintain contact with a faculty advisor as they conduct research and gather information for a Business Development Project related to their Peace Corps assignment. The project is then completed as a three-credit course upon their return to the Institute during the final semester of study. Recent projects have included:

  • Women's and refugees' development issues in African Nations
  • Foreign direct investment disparities in Estonia
  • Small business development in the aftermath of armed political conflict in Nicaragua

Scholarships Available to PCMI Students

Returned PCMI students are guaranteed a half-tuition scholarship for their final semester of study. The scholarship is dependent upon successful completion of the Peace Corps assignment. Students may also apply for merit scholarships and financial aid for their studies at the Institute prior to Peace Corps service.

How to Apply

Prospective students should apply to the Institute and Peace Corps separately. Review admission requirements and apply to the Institute online.  To learn more about applying for Peace Corps, visit the official Peace Corps website.

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