John Pringle says that cases are useful for addressing the process issues in finance. The case classroom models a learning environment. Through this, the student can learn how to achieve trust, respect, risk-taking, high quality of debate, and toughmindedness in other professional settings. Whatever it is, a culture of high-quality discussion is probably at its core. Thus, the method prepares the student for life-long learning, and for being a useful participant in a learning organization.
Experience comes from bad judgment.
For me this is more valuable than constantly asserting that various theories are useful in practice in order to hold student attention. John Pringle and Peter Tufano echo the importance of exercising skills of inductive learning. The teacher learns too. Because of the interactivity of this method, the teacher can encounter fresh perspectives on old problems, or test classic solutions to new problems. Not all the learning should be done by the student.