This document provides guidance on how to effectively analyze and summarize case studies. It explains that case studies are commonly used in MBA admissions and exams to evaluate a student's understanding. The document outlines key guidelines for tackling case studies, including identifying the central problem, relevant parties, key details provided, necessary assumptions, alternative solutions, selecting the best solution, and developing a contingency plan.
This document provides guidance on how to effectively analyze and summarize case studies. It explains that case studies are commonly used in MBA admissions and exams to evaluate a student's understanding. The document outlines key guidelines for tackling case studies, including identifying the central problem, relevant parties, key details provided, necessary assumptions, alternative solutions, selecting the best solution, and developing a contingency plan.
This document provides guidance on how to effectively analyze and summarize case studies. It explains that case studies are commonly used in MBA admissions and exams to evaluate a student's understanding. The document outlines key guidelines for tackling case studies, including identifying the central problem, relevant parties, key details provided, necessary assumptions, alternative solutions, selecting the best solution, and developing a contingency plan.
• Case studies are frequently asked in the GDs of MBA admissions in IIMs and other B schools.
• They are also extensively used in
exams to ‘test’ the understanding of MBA & Executive-MBA students.
• This ‘PPT’ is dedicated to the
preparation of case studies and how to tackle different formats of it. Cases need to be ‘studied’ / ‘discussed’ based on the following guidelines: • Identify the PROBLEM – (The most critical part of the case.) • Identify the PROTAGONIST/s (The person/s facing the problem.) • Define the PARAMETERS. (What is already given/mentioned in the case.) • Make any RELEVANT ASSUMPTIONS (Very necessary to arrive at alternative/varied/other solutions.) • Evaluate the ALTERNATIVE/VARIED/OTHER SOLUTIONS. • CHOOSE THE BEST POSSIBLE SOLUTION. (Given the parameters & assumptions – the others become next options.) • Make a CONTINGENCY plan. (The ace up your sleeve.)