Analyzing Case-Studies

Now that you are aware of concept of case studies, let’s get down to analyzing the problem. While discussing the problem make sure to understand the basic problem and the symptoms associated with it. Both are two different things. You need to separate the said problem from its symptoms. Like, in the example of FMCG player, the actual problem could be that the competitors are offering better products and you having secured the largest chunk of the market did not come up with new offerings. Secondly your employees may have been looking for better work environment and pay package that you failed to realize.

One thing that needs to be kept in mind is whenever you discuss case studies and offer solutions; don’t just stick to one solution. Always come up with alternative solutions. That will show you totally understood the crux of the subject matter and willing to demonstrate every side of each alternative solution. In other words, that will show you are willing to look at all the aspects and think from every possible angle and that’s so vital in business world. You need to present your best foot forward. When you present the alternative solutions also remember to analyze pros and cons associated with each one of the solutions. While trying to come up with the final course of action, you must present the step by step approach. There is no quick fix problem in business world. Everything takes time and proper planning. So present a convincing plan and the necessary steps. Once you are able to do all the above said things, you are come up trumps.

The Concept of Case-Studies

Case studies have always been an integral part of management school curriculum. However, there has been a shift in the selection process of many top class B-schools. Now many management colleges have replaced the Group Discussion (GD) stage with case study analysis in the admission process. The reason behind this change is the view that case studies help institutes in a better way while checking students’ analysis power. In case of case studies, all the candidates are provided with same set of information and after that they are required to analyze it and present their findings. So that way, all the focus shifts to analysis ability of the candidates in stead of prior knowledge of topic given in the GD.

A case study is basically a situation given to the students. The subject matter could be anything including business, politics, current affairs or even sports related. The case studies can be inspired from real life happening or some imaginary condition. To present an example, you are operation head of a particular firm in FMCG sector and due to cut throat competition; you are slowly losing your market share. The entry of new players is also taking away your quality people and sales numbers are witnessing decline. So what would you do in such condition? Now in such condition, you have to perceive yourself in the said position and review the situation and think accordingly. This is the fun part as well as challenging part of solving case studies. Our next part will focus on analyzing and solving the problems of case studies.

MBA in Australia

Australia is a popular educational hub for international students. Indians students aspiring for higher management education have also taken a fancy for MBA Australia programs through distance education. Australia has several quality management schools spread across the length of the continent. Its proximity to rising economies like Malaysia, Singapore, most of the ASEAN nations also make it a comfortable place for management education. In last one decade, Australian B-Schools have emerged as the one of the top priority educational destination along with US and UK. Many renowned Australian colleges consistently managed to come in the top class business schools rankings.

Australian management curriculum is a contemporary mixture of best of Asian and European practices. Australian colleges offer knowledge based on practical practices. Also, being one of the major economies in the world, it offers several wonderful job opportunities to the students. Business study curriculum focuses on team work and interpersonal relationship skills along with communication skills. There are approximately 55 universities in Australia that offer management programs. Most of the MBA programs in Australia is of 16 to 20 months duration.

Some of the famous Australian B-schools are; Melbourne Business School, Macquarie Graduate School of Management, University of Queensland, Deakin Business School, University of Tech Sydney - Business Faculty, Australian Graduate School of Management, University of Western Sydney, University of Melbourne, Curtin Business School, Graduate School of Business - RMIT University etc. The fee for the program is usually in the range of 15000$ to 55000$, depending upon the programs offered and the course duration.