MBA Colleges with Practical Education: Importance of case study based learning
Be it science or technology or arts students, the MBA program is the gateway for broad career prospects. However, every student who joins an MBA program will not see the same level of success, not because their degree does not have value, but due to a lack of enough practical learning and add-on skills.
This is the reason students are giving more priority to B-schools or management schools for MBA that incorporate case study-based learning.
But what makes students from MBA colleges who have attended case study-based learning so preferable?
Idea of Real-World Business Problems
Case studies are real-time business problems or challenges with detailed solutions explaining how experts solved them.
This gives MBA students the space to understand the difference between classroom teaching and the probability of different ways practical problems can occur.
Improves Strategic Thinking
Another important part of case study-based learning is giving students experimental problems and making them solve them on their own.
This approach triggers their level of thinking, brings out the strategic approach that executives and managers require, and helps them understand how to resolve issues at the organisational level.
This promotes their growth and helps them gain a competitive edge.
Leadership Ability
Every single case study is not direct and simple. In fact, it may require deriving the solution module-wise with group efforts, which demands coordination, the right guidance, and good communication to achieve the output.
Those who consider case studies as real projects and work on them seriously will definitely improve time management, people management, and leadership ability, all of which are highly expected from MBA graduates.
Problem-Solving Skills
Case study learning is all about finding solutions to a problem with the combined application of theory, creative analysis, and out-of-the-box thinking. Sometimes the problems require the student's innovative approach rather than anything else, which truly sharpens problem-solving skills.
Gives New Inspirations
Since case studies discuss real-time issues and experimental problems requiring student participation and determination, the process influences students to think like problem solvers and creators. This gives wings to new thoughts, inspirations, and the confidence to become job creators beyond standard job seekers.
So, does an MBA program without case studies have zero value?
Absolutely not. The MBA curriculum is designed with subjects and activities that support students in gaining the knowledge expected at the management level.
However, case study-based learning focuses heavily on practical learning, which enhances the value of the degree and the graduates.
Does case study-based learning increase the confidence of MBA students?
Undoubtedly, any student can gain immense confidence when they are able to utilise classroom learning to define answers for practical problems. This is exactly the outcome of case study-based learning.
Does every B-school or management school offer case study-based learning?
Not necessarily. This needs to be cross-verified with the respective college while taking admission.
Is an MBA program with case study-based learning more expensive than normal programs?
Not at all. Program cost is nowhere associated with case study learning.
It is an add-on value offered by colleges with the student's benefit in mind.