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I did the S&M AC for direct TC in October.

One thing I'd say is, unless they've changed it, the written exercise was very challenging for me. You have to write a report on a company's business strategy. There's not a lot of time to think (you have an hour to read different materials, prepare and write the report), and I think it's very easy to fall into the trap of regurgitating information without adding nuanced opinions.

Interviews were bog standard. I personally think the interviewers were a bit unfriendly, but that's luck of the draw.

Hope that helps.