The University of Southern California's Marshall School of Business annually sponsors an International Business Case Competition. Thirty undergraduate student teams from around the world travel to Los Angeles to compete.
The teams are given "the case" on Friday morning and have about 24 hours to analyze it and make a 20-minute presentation the following day. And to make it even more interesting, the judges usually include the CEO of the company that's the subject of the case.
It's the largest and most prestigious competition of its type. Below are three video excerpts from the 2008 competition showing the winning the team from the University of Auckland in action. The case they had been given 24 hours earlier was a 44-page discussion of whether and how the Los Angeles Times could compete with digitized distribution channels.