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27 Jul 2009, 12:37
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Can someone please explain the basics of the case method? I know HBS and Darden really push it hard. From what I've read students are given a few cases a day that are past business problems and then they discuss in class different solutions and scenarios.
How does the case method teach fundamentals? Say you didn't come from a finance background how would you learn about valuation, securities, etc. Are you just given text books and you're expected to learn that on your own to apply to the cases?
How does the case method teach fundamentals? Say you didn't come from a finance background how would you learn about valuation, securities, etc. Are you just given text books and you're expected to learn that on your own to apply to the cases?
14 Aug 2009, 03:01
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I can only speak for how IESE does it (or rather did it a few years ago, not sure if that has changed in any way).
Generally, for each class you have on a day, you have one case. You read the case at home, do the numbers for it (most cases do have numeric data that you do some calculations with), discuss it with a few other students before class in your learning team, and then the case is discussed in class.
As for fundamentals/theory, there's a few ways to get that. Depending on the class, you might be assigned book chapters to read, or you will receive teaching notes (which are basically also just like book chapters) to read that cover the fundamentals you need for the next case(s). Also, depending on the subject, being case based does not mean there will be zero lectures. Especially in classes like finance, there will be days that are just lectures by the professor or at least a part of the period is a lecture.
You should check out HBS' homepage - If I remember correctly they have videos on there explaining the case method.
Generally, for each class you have on a day, you have one case. You read the case at home, do the numbers for it (most cases do have numeric data that you do some calculations with), discuss it with a few other students before class in your learning team, and then the case is discussed in class.
As for fundamentals/theory, there's a few ways to get that. Depending on the class, you might be assigned book chapters to read, or you will receive teaching notes (which are basically also just like book chapters) to read that cover the fundamentals you need for the next case(s). Also, depending on the subject, being case based does not mean there will be zero lectures. Especially in classes like finance, there will be days that are just lectures by the professor or at least a part of the period is a lecture.
You should check out HBS' homepage - If I remember correctly they have videos on there explaining the case method.
