Case Study: The Pillar of Practical Business Education

Case Study: The Pillar of Practical Business Education, Linked to RPA and MPAcc Competitions

Bridging theory, practice, and professional readiness through experiential learning
By William Wei, PhD, MBA, MA, RPA
President, International Case Research Association · Vice President, North American Case Research Association · Professor and Dean, Algoma University
William Wei, PhD, MBA, MA, RPA

Case Study has become an irreplaceable pedagogical tool in business education, bridging theoretical knowledge with real-world practice. It exists in two core forms—research cases and teaching cases—each playing a distinct yet complementary role in nurturing competent business professionals.

For students pursuing careers in modern business operations and specialized fields like accounting, this methodology aligns perfectly with the demands of Registered Professional Accountant (RPA) and high-stakes academic events such as MPAcc case competitions, solidifying its relevance in building future-ready skills.

Drawing from global publishing experience with Harvard and Ivey, and his role as a judge at the 2025 “Weishi Cup” MPAcc Student Case Competition, Dr. Wei demonstrates how “learning through competition” mirrors real accounting practice—combining analytical rigor, ethical judgment, and cross-functional problem-solving.

Teaching Cases and Experiential Learning

Teaching cases form the backbone of business classroom instruction. They are context-rich narratives of real business situations, often concluding with unresolved dilemmas that require student decision-making.

Unlike research cases, which focus on theory development and academic gaps, teaching cases emphasize application. Students are encouraged to step into the shoes of decision-makers, apply theoretical concepts, and gain substitute real-life experience—skills directly transferable to RPA implementation and MPAcc professional practice.

Examples include cases co-published with Harvard and Ivey Publishing, such as Shanghai Contron: From Start-up to Growth and ClickDishes: Serving New Cities, which allow students to practice evaluating business processes—an essential foundation in accounting and business problem-solving.

Learning Through Competition: The “Weishi Cup”

This practical focus was vividly demonstrated at the 2025 “Weishi Cup” MPAcc Student Case Competition, held in Beijing on December 6, 2025. As President of the International Case Research Association and RPA China representative, Dr. Wei served as a judge for this prestigious event.

The competition aimed to deepen the integration of theory and practice for accounting master’s students through “learning via competition.” Featuring case report writing and on-site defense, it closely mirrored real-world accounting decision-making—core components of effective case study methodology.

Twelve elite MPAcc teams participated, demonstrating strong expertise, rigorous analytical skills, and proactive problem-solving—clear indicators of robust case-based training. Cases involving cross-functional collaboration and financial transparency prepared students to meet accounting’s ethical and regulatory demands.

Synergy Between Research, Education, and Professional Practice

Teaching cases also create a powerful synergy between research and education, supporting RPA’s evolving landscape and MPAcc talent development. Cases serve as secondary data for research, while academic insights into process optimization enhance case relevance—ensuring classroom learning reflects emerging industry trends.

Institutions such as Ivey and ICRA collaborate on case collections that incorporate technology-focused and accounting-specific scenarios. These partnerships equip students with a global perspective on best practices, vital for competing in international events like the “Weishi Cup” and thriving in professional accounting careers.


Case study methodology transforms abstract business and accounting theories into actionable skills, directly supporting RPA’s professional objectives and elevating MPAcc education through experiential learning.

In essence, case study methodology connects academia with industry, ensuring business education remains practical, relevant, and impactful. By immersing students in realistic dilemmas—whether in classrooms or competitions—it prepares the next generation of accounting leaders to drive operational efficiency, ethical decision-making, and innovation in a technology-driven world.