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In a case competition, participants strive to develop the best solution to a business or education-related case study within an allocated time frame, typically with teams of two or more individuals pitted against each other in a head-to-head or broader relative ranking. [1] [2] Teams deliver presentations for judges and, while competitions vary in composition, a standard format and purpose exists. In terms of cumulative number of participants, the HSBC/HKU Asia Pacific Business Case Competition is the world's largest case competition, with over 130,000 participants since 2008. [3]
The case competition concept originated in the United States and originally included participants from domestic universities. The notion of expanding to include international competitors emerged later, with the concept eventually taking hold across North America and Western Europe. Today, a wide range of international competitions are hosted in various countries in North America, Europe, and Asia. [1] International case competitions have also begun expanding beyond the undergraduate level, as competitions like the Wharton China Business Society International Case Competition offer high school divisions. [4]
Formats vary according to a number of dimensions. The following dimensions are often used to classify and compare competitions: Host: corporate versus educational institution; Participant selection: "by invitation" versus "by application"; and, Level: undergraduate, graduate. Formats may vary along practical dimensions, including: Case specificity (whether the case has been written especially for the competition or not); Number of teams; Organization (student-run, professional etc.); Rules, e.g.:Time (common formats are 3-4 or 24 hours), Materials, Degree of access to expert advice (either from within the competition or externally, and electronically or face to face).
Some competitions add complexity to create a more interesting challenge. For example, Ohio State University (OSU)'s Center for International Business Education And Research (CIBER), in its annual Case Challenge, created teams from the overall pool of participants, regardless of school, dissolving the usual school-based team format. For the Ohio State scenario, once the students are assigned to teams, a full day of team-building exercises is run for competitors.
Competitions can be internal to a business school, or they can involve teams from multiple schools. Sometimes the competition includes several rounds, with the final round typically judged by outside company executives (sometimes the panel consists of executives from the actual company in the case). For example, the University of Washington’s Foster School of Business' 2010 round of its Global Business Case Competition featured a customized case on the Boeing Company, [5] and Boeing executives acted as judges. [6]
Participants exercise skills and knowledge on a "real world" case for an actual organization, with the support of representatives who can provide professional advice. [1] Other competitions select an issue based on its degree of importance, and employ the competition as a means to both highlight the issue and create potential solutions through the efforts of the competitors. [2] Participants can also be assessed as potential candidates for analysis-based jobs within the targeted companies.
Teams in case competitions are tasked with assessing the situation facing the organization, analyzing available information, crafting a solution, and defending their recommendations. In general, teams adhere to a time limit and specific rules. Each team is judged independently, and the judges' decision is final, although a confidential summary evaluation is generally provided. [7]
Reality television is a genre of television programming that documents purportedly unscripted real-life situations, often starring unfamiliar people rather than professional actors. Reality television emerged as a distinct genre in the early 1990s with shows such as The Real World, then achieved prominence in the early 2000s with the success of the series Survivor, Idols, and Big Brother, all of which became global franchises. Reality television shows tend to be interspersed with "confessionals", short interview segments in which cast members reflect on or provide context for the events being depicted on-screen; this is most commonly seen in American reality television. Competition-based reality shows typically feature gradual elimination of participants, either by a panel of judges, by the viewership of the show, or by the contestants themselves.
A business school is a university-level institution or professional school that confers degrees in business administration or management. A business school may also be referred to as school of management, management school, school of business administration, or colloquially b-school or biz school. A business school offers comprehensive education in various disciplines related to the world of business, including business administration, business analytics, business strategy, marketing, sales, entrepreneurship, accounting, finance, economics, banking, insurance, human resource management, supply chain management, logistics management, operations management, management information systems, international business, organizational psychology, organizational behavior, public relations, research methods, real estate, and other pertinent subjects.
INSEAD, a contraction of "Institut Européen d'Administration des Affaires" is a non-profit graduate-only business school that maintains campuses in Europe, Asia (Singapore), the Middle East, and North America. INSEAD offers a full-time Master of Business Administration, an Executive MBA (EMBA), a Master of Finance, a PhD in management, a Master in Management, Business Foundations Post-Graduate degrees, and executive education programmes.
Copenhagen Business School often abbreviated and referred to as CBS, is a public university situated in Copenhagen, Denmark and is considered one of the most prestigious business schools in Western Europe and the world.
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The Darden School of Business is the graduate business school of the University of Virginia, a public research university in Charlottesville, Virginia. Ranked amongst the top business schools in the world, the school offers MBA, PhD, and Executive Education programs.
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The Yale School of Management is the graduate business school of Yale University, a private research university in New Haven, Connecticut. The school awards the Master of Business Administration (MBA), MBA for Executives (EMBA), Master of Advanced Management (MAM), Master's Degree in Systemic Risk (SR), Master's Degree in Global Business & Society (GBS), Master's Degree in Asset Management (AM), and Ph.D. degrees, as well as joint degrees with nine other graduate programs at Yale University.
SDA Bocconi School of Management was founded in 1971 and is the graduate business school of Bocconi University. It is the leading business school in Italy and is consistently ranked as one of the world’s best business schools. SDA Bocconi is accredited by AACSB, EQUIS, and the AMBA. The main campus of SDA Bocconi is located in Milan, Italy.
The John Molson School of Business, commonly known as John Molson, is a business school located in Montreal, Quebec, Canada. The John Molson School of Business was established in 1974 by Concordia University.
The Sprott School of Business is a doctoral-granting business school at Carleton University in Ottawa, Ontario, Canada – the nation’s capital. It is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and the Network of International Business Schools (NIBS). The school explores complex management issues through its programs, interdisciplinary research and collaborative partnerships. It was named in 2001 for Eric Sprott, a well-known philanthropist, alumnus of the school, and precious-metals investor.
University of San Francisco International Business Plan Competition has been held each year from 2004 to 2009 involving teams of students presenting a business plan to judges. A cash prize is awarded to the winning team.
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The Haskayne School of Business is the University of Calgary's business school, located in Calgary, Alberta, Canada. It is named after Richard F. Haskayne, who gave one of the largest endowments to a business school in Canada. The school offers undergraduate, masters, and PhD degrees, as well as executive education programs. Haskayne is ranked as one of the top business schools in Canada and Top 100 in the world.
The Peking University Shenzhen Graduate School is a public research university established as a satellite graduate school of Peking University in 2001 via a joint venture with the Shenzhen Municipal Government. It is situated inside the University Town of Shenzhen, along with the graduate schools of Tsinghua University and the Harbin Institute of Technology.
CaseIT is an international undergraduate business case competition focused in management information systems. Held annually in Vancouver, British Columbia, this student-organized event focuses on information technology case analysis. Over a span of six days in February, 20 international university teams compete in a 5-hour and 24-hour case deliberation. First round presentations are held in SFU's Harbour Centre campus in Vancouver, while final-round presentations are held in the Segal Graduate School of Business, followed by an Awards Banquet where the top three universities are announced.
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Debapratim Purkayastha was a professor of strategy, academic leader and case method expert.