Archive for category Case Method
Top Ranked MBA Degree Programs Offered by Business Schools
Posted by admin in Case Method on December 26, 2011
Now when you have made a decision that MBA degree is right for you, it’s time to choose the proper MBA program which meets your requirements. You should remember that only accredited schools with high reputation are recognized by employers. So, when it comes to earning a master’s degree in business administration, almost all prospective students are concerned as to what colleges and universities offer the best programs. So, to help you with your research, here is a list of top ranked MBA programs in the USA.
1. Harvard Business School
In the MBA program, the HBS faculty staff teach students according to the case method, which is considered to be a profound innovation in educational process. This method helps to introduce real-world business challenges into the classroom and place the MBA student in the role of the decision maker.
2. Stanford Graduate School of Business
The Stanford MBA program teaches you how to develop leadership way of thinking and strong backbone of management skills to make a success in your career. The program is designed in such a way that leadership experiences are integrated into the curriculum. Stanford University also offers joint MBA degree programs as Graduate School of Business strongly cooperates with other Stanford schools. Read the rest of this entry »
Case Interview: Tips
Posted by admin in Case Method on December 26, 2011
Working in consulting industry is a very important task. Therefore, recruiter wants seeing a thinking man, able not only to find an effective solution to the problem, but also analyze obtained information. Case interview is the best option for this purpose: it makes you think in the real world.
You can create a single model of the problem solution, as well as develop a whole system consisting of separate approaches.
In most cases of case-interviews, recruiter puts a real challenge in front of an applicant for a job.
Each recruiter uses his own approach to case interview. The purpose of the interview is seeing the way you are thinking.
Experts note there is no difference between candidates who studied in case-oriented schools, and those received MBA without particular focus on case-method.
In any case, review all possible options of questions. Recruiters have a huge number of tricky tasks in stock.
Play an interview with a friend or colleague. Allow her (him) getting acquainted with case interview methods and asking you a few puzzles. Interchange roles: feel like a recruiter, get what he wants.
Pay attention to areas you know little of. Allow a friend or colleague asking you about something unfamiliar. Read the rest of this entry »
Role of Case Studies in Employee Training and Development
Posted by admin in Case Method on November 26, 2011
One way to help trainees learn analytical and problem solving skills is by presenting a story (called a case) about people in an organization who are facing a problem or decision. Cases may be faced on actual events involving real people in an organization, or they can be fictional. Business case studies are included in college text books and courses in management, public administration, law, sociology, and similar subjects. They are increasingly available using video and other media. While cases vary in complexity and detail, trainees should be given enough information to analyze the situation and recommend their own solutions. In solving the problem, the trainees are generally required to use a rational problem-solving process that includes the following steps:
1. Restating important facts
2. Drawing inferences from the facts
3. Stating the problem or problems
4. Developing alternative solutions and then stating consequences of each
5. Determining and supporting a course of action
Proponents of the case study method argue that this form of problem solving within a management setting offers illustrations of the concepts students are respected to learn and use, improves communications skills, and facilities the linking between theory and practice. Proponents also claim that cases allow students discuss, share, and debate the merits of different inferences, problems, and alternative courses of action. Such insight can help students to develop better analytical skills and improve their ability to integrate new information.
The case study method also has vigorous critics who argue that it can cause group think, focuses too much on the past, limits the teaching role of the trainer, reduces the learner’s ability to draw generalizations, reinforces passively on the part of the learner, and promotes the quantity of interaction among students at the expense of the quality of interaction. Andrews and Noel claim that cases often lack realistic complexity and a sense of immediacy, and inhabit development of the ability to collect and distill information. In addition, trainees may get caught up in the details of the situation, at the expense of focusing on the larger issues and concepts they are trying to learn. Read the rest of this entry »