- Sep 9, 2024
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Also, almost forgot, but I have written a couple of posts about group exercises, I will quote them bellow:Heya, Andrei! I have some good news - I got invited to the AC!!!!!!!!!!! (My first ever one!)
I owe this entirely to your advice. To be honest, my head was spinning when I got told about it, but the only thought that was crystal clear in my mind was 'I need to thank Andrei'. Thank you so, so, so much. You are genuinely incredible.
I'd appreciate any advice (from you & anyone else) on approaching the AC. I'm going to keep on top of commercial awareness, but things like identifying potential legal issues from a business proposal are what I'm a bit nervous about. I'm guessing it would entail identifying general legal issues/risks/considerations (e.g., data protection concerns, competition law stuff) but I'm not sure how to 1.) learn the potential issues; 2.) articulate them beyond a sweeping statement like 'competition law stuff'.
I'm also a bit unsure about what a group exercise might entail but I'm going to have a scavange of the most frequently referred to TCLA overview posts on it.
Thank you again. I really appreciate your incredible support![]()
Hi @mulan0 from what I have encountered so far they tend to be either based on a negotiation, a group discussion, or a presentation task.
A common issue candidates have with group exercises, irrespective of the format, is getting enough airtime to express their ideas and show off commercial awareness while also showing themselves to be team players. Since everyone knows that at the end of the day you are assessed individually and that progression is very competitive, many people will simply be looking to speak as much as possible. As such, I think it is good to think in advance of a few ways to ensure your contribution is seen without having to constantly fight over airtime. I'll link bellow a post in which I detailed some of the things that worked for me:
- Negotiations: The exercises can have different structures and team sizes depending on the firm, but I think the default one is for you to get around 30mins-1h of preparation time with your team during which you read a brief with background information and client demands, and then devise a strategy based on that (in many cases the preparation part is also assessed by the firm). Then, you normally have around 30-45 minutes to negotiate and hopefully reach an agreement with the other side.
- Group exercises: Normally you would also have around 20 minutes to read a brief the discussion is based on, but this is done individually. Then, together with the rest of the group, you are tasked with discussing a number of options and choosing the best one. I have seen a number of exercises here around M&A and investments, with people discussing which companies would it be best to partner with/invest in.
- Presentation tasks: This is very similar to the group discussion, with the only difference being that instead of simply reaching an agreement, you have to also make a presentation with your findings and recommendation. You would normally have a bit of extra time to prepare, as you need to allocate speaking roles and potentially practice as well.
Hi @Kakaboo as some other forum members have said, I think more often the problem with group exercises is that you will not be able to contribute as much as you would like, as everyone will be constantly fighting over airtime. The only context in which you would be asked to say more is if you are particularly quiet and one of the other attendees wants to show team spirit - one of the pieces of advice regarding group exercises I have very often come across is to show collaboration/leadership skills by seeking to include the person who is speaking up the least. I never personally implemented this as it seemed to me to come with a significant risk of both putting the person on the spot and in signaling them out as 'inactive', which can do more harm than good.
That said, I have seen other people do this is a very direct manner, stopping the exercise just to say to someone "Is there something you would want to say here?". I imagine this can be a quite anxiety-inducing experience and I think you are right in aiming to avoid that. To do that, the best strategy is simply to seek to be among the more active people in the room (which independently of this I would also argue is the right strategy to maximize your chances of scoring well). To achieve this despite the fight over airtime (and just for generally elevating your performance), consider doing the following:
- Offer to keep the time: this shows a proactive attitude while not being very demanding as to your mental focus. It also enables you to (i) avoid taking the responsibility of any required writing, which is more demanding; and (ii) naturally intervene at certain points in the discussion to mention time considerations, which is also an opportunity for you to add substantive points.
- Try to introduce structure and organization: although many candidates will want to immediately start the analysis, instead of simply throwing yourself into discussing substantive points, try to introduce a framework: what points will you discuss, in what order, how much time will you spend on each, and what relevant assessment criteria should you keep in mind when analyzing the points? This will ensure a more comprehensive overview and a more clear output.
- Focus on finding more niche/less-obvious analysis points: as you are given a brief for the group exercise task, you will normally have a bit of preparation time during which you can think what points to bring up. You will find some points that are really intuitive which you will know the others likely also thought of. Instead of focusing on those and fighting with everyone to get to express those obvious points, I would use that time (and the extra thinking time in the initial discussion phase when everyone is fighting to say the obvious points) to find relevant ideas that others may have missed. The, as the discussion is winding down on that subpart of the task, I would mention these more niche points. This will avoid making you seem competitive and also showcase ability for more nuanced analysis.
- Focus on synthesis and weighing: another similar strategy for impressive contribution which may not require too much fighting over airtime is to once again seek to contribute as the discussion on the substantive points is winding down. What you can do here is intervene to summarize what everyone has contributed, weigh their points, and then make an informed argument as to what the decision should be.