In this chapter, the use of real live cases, based on students’ experience, in training for the Information Resources Management (IRM) course is discussed. IRM is a core-required course of a MIS MBA program. This approach is compared with one that explores cases drawn from textbooks. The objective of comparison is student’s learning outcome. Two groups of students, trained under the two paradigms, were selected, and their performances, after graduation, were compared. The students play key roles in their companies. Assessment shows that in given circumstances (transition from centrally planning to market-oriented economy, small enterprises, and underdeveloped information infrastructure), the use or real live cases offered by the students allows training to be kept relevant to the business practices.