The  Business School Resource center offers a powerful instant case suite based on the latest articles published in  Bloomberg Businessweek and other selected source material.    The comprehensive news reports are selectively chosen every week  by a group of B-school professors from around the world  under the Peregrine Global  Services aegis and presented as powerful instant case teaching suite for the global business school classrooms. 

SEAA Trust,  New Delhi strongly believes the Peregrine Global's B-school Resource Centre instant case teaching tool would be a powerful addition to the plethora of  pedagogic innovations  in B-school classrooms. There is also a strong and deep relationship between accreditation  and the quality of globally exposed student cohort. 

Learn what happened yesterday! 

Unlike any case taught in today's classroom,  cases relate to something that happened  last week ! 

Choose cases to suit the competencies you want to foster 

A wide range of  cases featuring an array of competencies to teach! 

High Impact learning 

Become a pro in applying  current global news to classroom context! 

The new BSC Education Resource Center is now offered independent of a subscription. 

Since the news articles are now included within the new Education Resource Center, a subscription to Businessweek may not be necessary for your student and classroom needs. 

Although  magazine remains academically relevant for business education, the focus of the program is on the enhanced online resource center (http://bsc.peregrineacademics.com/).  

  • Provides online, easily accessible,

  • low cost weekly news content

  • Offers instructional and integration support

  • Fosters more informed and better engaged students

  • Adds a global and international dynamic to any classroom

  • Develops globally informed, career-ready graduates 

  • Enables custom quiz & exam creation based on articles and concepts being taught in class

Are you interested in learning more about classroom integration techniques and becoming BSC Resource Center Certified? Please subscribe to the Business School Resource Centre for  details! 

We can also provide complimentary and personal faculty training. Become B-School Connection Resource Center certified by learning and using the service, and ultimately contributing back to the service as a guest writer.  

The B-School Connection offers many versatile classroom integration options. To make classroom integration easy,  There is   Classroom Integration Guides for all 13 Disciplines directly on the Education Resource Center. Access the INTEGRATE AND ENGAGE page and download the integration guide(s) you need. Integration Guides contain student activities and syllabi content to help make the B-School Connection very easy to integrate into any class. 

Education Resource Center now includes online self-registration:

Full text news articles from Bloomberg news and links to news articles from other news outlets.

15-20 new article summaries per week that include discussion and quiz/exam questions organized by Bloom’s Taxonomy that can be readily integrated into both graduate and undergraduate programs.

Case studies used to directly link academic theory with real-world application.

Comprehensive integration guides organized by academic discipline that course instructors and program managers can use for weekly student engagement.

An online quiz/exam platform that can be integrated into the school’s Learning Management System and used for both summative and formative assessment.

An online service that meets VPAT requirements.

We believe that the transformed BSC program is much more academically relevant and appropriate than it was previously. As a standalone service that is independent of a magazine subscription, your students will have immediate, hassle-free access to a global resource that will be invaluable towards meeting your academic goals and learning outcomes.

Weekly Instructor Guides: Written “by professors, for professors”, weekly Instructor’s Guides incorporate article abstracts, quiz questions, and discussion questions to bring lessons to life. Instructors can find relevant content for their course anytime by discipline, sector, region of the world, or competency. The tool is an exceptional learning and teaching aide for understanding the latest  and the best from the world  business. 

Everything We’ve Learned About Modern Economic Theory Is Wrong

Summary by: Michael S. Raisinghani, Ph.D.

Disciplines & Topics: Business FundamentalsBusiness Fundamentals | Operations & Supply Chain Management

Sectors: Consumer Goods & ServicesFinancial ServicesManufacturing

Regions: Global

Competencies: Critical Thinking / Decision MakingInnovation / Entrepreneurship

Summary Types: Outside ExpertSelf Assessment

Created on: 12/12/2020

READ THE FULL ARTICLE

Summary

Ole Peters asserts that his methods will free economics from thinking in terms of expected values and focus on how an individual makes decisions. He argues that his theory will eliminate inconsistencies between economic models and reality.

Abstract

Ole Peters' theory has earned plenty of praise from well-respected experts outside of economics, but economists have not quite embraced his point of view. He states that economic models assume something called “ergodicity” in which the average of all possible outcomes of a given situation informs how any one person might experience it. Since that's not often the case, it renders much of the field’s predictions irrelevant in real life.

The key tenet of Peters' proposition is that he can prove that everything that we've learned about modern economic theory is wrong. The solution he proposes involves borrowing math commonly used in thermodynamics to model outcomes using the correct average.

This has important implications for operations and supply chain management theory and practice, as well as other fields impacted by economics.

Key Learning Points

  • Explain how Peters asserts his methods will free economists from thinking in terms of expected values over nonexistent parallel universes and focus on how people make decisions in this one, thereby eliminating inconsistencies between economic models and reality.

  • Discuss the key tenet(s) of  Peters' proposition. 

Activities

  • Peters’ theory has earned plenty of praise from heavyweights outside of economics, but economists haven't quite embraced his point of view. Pair up with a classmate and prepare a brief presentation that outlines the reasons for this disagreement between economists and non-economists and include your perspective on which camp may be right and why.

  • Team up with a classmate and prepare an executive briefing on the application of Peters' theory in logistics and supply chain management. Include your thoughts on the efficacy and efficiency of an economic model that doesn't assume ergodicity.

Discussion Questions

  • Why does Peters believe he can prove that everything that we've learned about modern economic theory is wrong? What are the implications for operations management theory and practice?

  • If Peters is right, his proposition would upend three centuries of economic thought and reshape our understanding of economics and the fields it impacts — everything from risk management and income inequality to how central banks set interest rates and even the use of behavioral economics to fight Covid-19. Do you agree or disagree? Why? How should the efficacy of Peters' proposition be evaluated?

Assessment Questions

  • What does Peters point out as a key issue with most economic models? What solution does he propose?

  • Expected ________ theory, the bedrock that modern economics is built on, says that when we make decisions, we conduct a cost-benefit analysis and try to choose the option that maximizes our wealth.

  • Peters' theory eliminates the need for  increasingly elaborate “________” economists use to explain away the inconsistencies between their models and reality. 

  • What does Peters say his theory will do to transform economics?

Sample  case  2 

Corporate America Is Choking on Debt and Imperiling the Recovery

Summary by: Thomas Coe

Disciplines & Topics: Accounting & TaxationAccounting & Taxation | Financial AccountingBusiness FundamentalsBusiness Fundamentals | AccountingBusiness Fundamentals | FinanceBusiness StrategyBusiness Strategy | Industry structureFinanceFinance | Corporate FinanceFinance | InvestmentsFinance | Markets

Sectors: Consumer Goods & ServicesFinancial ServicesManufacturingTransportationHospitality Management

Regions: North AmericaNorth America | United StatesGlobal

Competencies: Critical Thinking / Decision MakingSustainability

Created on: 8/22/2020

Summary

High debt loads and low earnings typically signal trouble for a company's bond ratings. Leniency now may create future debt problems as well as stall a recovery from the current recession.

Discussion Questions

  • Why do transportation firms have the highest level of debt to earnings? What other industries are also performing poorly? Which industries are performing relatively normally?

  • Banks and bond investors are currently more flexible with their debt-service requirements for companies. Is this a good idea or not? How long can investors afford to look the other way and not create a potentially large debt crisis? Explain.

  • How is refinancing old debt with new debt at this time a good opportunity for a company? Do you agree with that strategy? Why or why not?

Assessment Questions

  • "Junk" bonds get their names because

  • Yields on investment-grade corporate bonds are now about

  • What percentage of S&P 500 companies exceeded analysts' earning projections for the second quarter?

  • The economic sector with the highest debt load relative to earnings is ______________.

  • Why is EBITDA an important measure for investors?

  • Why would high debt levels now, even for firms that don't default, signal a slow recovery from the recession?

  • The interest-coverage ratio for investment-grade corporate debt was ______________ in June 2020.

Abstract

The Federal Reserve’s current policies toward mitigating the impact of shutdowns meant to slow the spread of the Covid-19 virus has involved providing access to liquidity and safety within the corporate bond markets. As a result, many companies are posting high levels of debt but low operating earnings. Combined, that outcome normally concerns bond investors and prompts bond rating firms to downgrade a host of companies from investment grade to junk status. However, due to current circumstances, both groups have become more flexible and are looking toward a return to normalcy in 2021. Yet, despite the confidence currently being displayed by the corporate bond community, there's reason for concern.

For the economy to recover fully from the current recession, existing workers must be brought back and new ones hired. An increase in short- and long-term assets to support the growth in sales is also needed. Because many companies finance asset growth with debt, bankers and bondholders should be reluctant to lend to companies that hold too much debt. Leniency at this stage of the economic recovery doesn’t mean continued leniency in 2021 and beyond. Firms will either need to devote more earnings to service debt or curtail expansion plans, meaning a more sluggish pace to full recovery and lower earnings for stockholders.

Activities

  • Look at the second quarter financial statements for six companies in different industries. In addition to those mentioned in the article, find the debt-EBITDA loads as well as the interest coverages for the six companies and compare them to the first and second quarters of the last five years. Share your results and discuss industry differences with the class.

  • Compare the debt-EBITDA ratios (or the EBITDA/interest ratios) for various companies for the first and second quarter of 2020 to various times during the 2008 Great Recession. How do they compare? How do they signal a time for economic recovery?

4th  B-School Resource Centre  student case competition

The first prize went to Chitkara Business School Rajpura (Charvi Datta & Aashna Aggarwal), the second prize to Kristu Jayanti School of Management Bangalore (Angela Jayson, Anisha Iype & Hariharan Shankar)  and the third to  IES Management College & Research Centre Mumbai (Hitanshi Parekh, Aarohi Agrawal & Shweta Babar).

The 2nd Rhyllis Rae Oedekoven trophy went to the Chitkara team. 

We have the pride of congratulating the winners! 

The 4th year round of student Instant case competition brought to you under the aegis of  Business Resource Centre of Peregrine Global, globally top rated Education Services Company had the  theme
"Edu-tech for building cutting edge Business Education”  

Sub-Topics for the team entry were: 

1. Are the  B-school campuses   early adapters of Edu-tech ?
2.  In Post Pandemic period, will Edu-tech continue to be as impactful?
3. Is the B-schools headed towards blended or flip classrooms?
4. Is MOOC going to be a strong alternative to regular business education?
5. Edu-tech innovation  is key to success of a B-school 

6. Is Edu-tech part of any cutting edge quality strategy at B-schools?

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