TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

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What are the main differences between a case study interview and a scenario-based interview?
A case study interview will (most likely) be commercial in nature. E.g.: you will be given a pack of documents to analyse about whether a company should pursue a certain acquisition or raise finance by a certain means, etc. Then you'll be asked to make a presentation on your findings, which will be followed by an interview on the same.

A scenario-based interview will most likely involve situational questions. E.g.: "Your colleague is struggling to finish a task that is due for an important transaction . . . but you are quite busy yourself . . . what would you do in this case?" - these types of questions.

See @emilyrose99's response below for scenario based questions!
 
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A case study interview will (most likely) be commercial in nature. E.g.: you will be given a pack of documents to analyse about whether a company should pursue a certain acquisition or raise finance by a certain means, etc. Then you'll be asked to make a presentation on your findings, which will be followed by an interview on the same.

A scenario-based interview will most likely involve situational questions. E.g.: "Your colleague is struggling to finish a task that is due for an important transaction . . . but you are quite busy yourself . . . what would you do in this case?" - these types of questions.

I agree with you on the case study, I think the scenario is quite different though.

My understanding of scenario based interviews is you will be presented with some background e.g. business x wants to diversify into y industry - how do you go about doing this? And then you end up having a chat and going down all these different avenues, more of a discussion than the case study-style presentation/interview

Thats what I understand from speaking with people anyway
 
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I agree with you on the case study, I think the scenario is quite different though.

My understanding of scenario based interviews are you will be presented with some background e.g. business x wants to diversify into y industry - how do you go about looking for a target? And then you end up having a chat and going down all these different avenues, more of a discussion than the case study-style presentation/interview

Thats what I understand from speaking with people anyway
I agree I think the “your colleague is slacking what do you do” is situational based.

In my experience, scenario is a discussion of what you would do in business scenario. Then case study is information given, read it and present it/write up about it.

But it’s worth doing research on the firm to see what their scenario interview is specifically.
 
I agree with you on the case study, I think the scenario is quite different though.

My understanding of scenario based interviews are you will be presented with some background e.g. business x wants to diversify into y industry - how do you go about looking for a target? And then you end up having a chat and going down all these different avenues, more of a discussion than the case study-style presentation/interview

Thats what I understand from speaking with people anyway

I agree I think the “your colleague is slacking what do you do” is situational based.

In my experience, scenario is a discussion of what you would do in business scenario. Then case study is information given, read it and present it/write up about it.

But it’s worth doing research on the firm to see what their scenario interview is specifically.

Yes guys I agree - and my apologies I seem to have confused scenario-based questions with situational questions
 
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