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Compact case
Published by: IBS Case Development Center
Published in: 2009
Length: 3 pages
Data source: Generalised experience

Abstract

This case helps to understand the concept of probability and its practical applications in business situations. Every year, banks extend educational loans to various professional courses and students repay the loans after being employed. However, 2009 is not 'as usual' for Pinto. Sensitising him to the economic crisis and the accompanying liquidity crisis, his immediate boss, the regional manager, cautioned him on the repayment probabilities of students. What if this situation persists for a long time and the students do not get meaningful employment? He came up with various scenarios and is concerned, what is the probability of each of the events occurring?
Other setting(s):
2009

About

Abstract

This case helps to understand the concept of probability and its practical applications in business situations. Every year, banks extend educational loans to various professional courses and students repay the loans after being employed. However, 2009 is not 'as usual' for Pinto. Sensitising him to the economic crisis and the accompanying liquidity crisis, his immediate boss, the regional manager, cautioned him on the repayment probabilities of students. What if this situation persists for a long time and the students do not get meaningful employment? He came up with various scenarios and is concerned, what is the probability of each of the events occurring?

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Other setting(s):
2009

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