Case Article—You Can’t Take It with You

Coleen Wilder () and Sailu Li ()
Additional contact information
Coleen Wilder: Valparaiso University, College of Business, Valparaiso, Indiana 46383; b Pacific Lutheran University, School of Business, Tacoma, Washington 98477
Sailu Li: Valparaiso University, College of Business, Valparaiso, Indiana 46383; b Pacific Lutheran University, School of Business, Tacoma, Washington 98477

INFORMS Transactions on Education, 2019, vol. 20, issue 1, 33-36

Abstract: The primary goal of the accompanying case study, “You Can’t Take It with You,” is to help business students develop better problem-solving skills. Teaching quantitative courses to students not in a STEM (science, technology, engineering, mathematics) discipline can be a challenging task. Using concrete examples with spreadsheets is an effective teaching strategy that appeals to many business students. This case study offers a concrete and relevant exercise using the base package of Excel. It is multidisciplinary and flexible in its delivery, allowing instructors to effectively integrate it into their course(s). Topics that may be covered include simulation, data analysis, and the time value of money. Advanced Excel functions that may be used include PMT, NORMINV, VLOOKUP, Scenario Manager, Data Table, and Goal Seek. Overall, students believed the case was challenging and that it was a valuable learning experience.

Keywords: retirement planning; time value of money; simulation; advanced Excel (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://doi.org/10.1287/ited.2019.0209ca (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:inm:orited:v:20:y:2019:i:1:p:33-36

Access Statistics for this article

More articles in INFORMS Transactions on Education from INFORMS Contact information at EDIRC.
Bibliographic data for series maintained by Chris Asher ().