A case study is an in-depth exploration of a particular situation. It can be a real-life situation or a simulated one. A case study gives learners the possibility to practice applying their analytical and theoretical knowledge. Additionally, it helps the learner to obtain a better insight into the understanding of why the particular situation occurred by looking at the events and collected data.
The majority of business schools, including Harvard and Stanford, rely heavily on the case study method as they teach students how to assess business situations and make decisions based upon those assessments. Case studies give students hands-on experience and illustrate what a student has learned and retained in class.
Case studies are part of the core curriculum of MBA studies. During a two-year course, students may be expected to work on as many as 500 case studies. The case study method is very effective in business subjects like marketing, management and strategy. In class, under the guidance of the teacher, students can probe complex issues, compare different alternatives, and finally, suggest courses of action. Working on a case study encourages interactivity, but the biggest benefit for a student is that he/she can apply business concepts to real-world scenarios.
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[ramka][srodtytul]Practice makes perfect[/srodtytul]
