Training & Personal Development at McGrathNicol

Graduate Development Program is still in progress, but it covers everything you need to know to succeed at the firm. On the job training is always the best way to learn and there is plenty of that as you are thrown in the deep end from early on.

Very involved process and very big focus on development.

As a Graduate you have a formal development program which involves online sessions and in-person camps with Graduates across the country and across all service lines. In the first camp we learned more about each service line. There were both internal and external presenters to discuss topics such as business development, self-leadership, and communication styles. We also have access to online resources including LinkedIn Learning for more informal and self-paced training. I have developed a lot of technical skills through this!

There are frequent formal training sessions, and the firm is very keen to assist with any training interests that you may have. On the job training is the most important in our firm though, as it provides a more rounded understanding of the technical aspects of insolvency and restructuring.

We have a Graduate Development Program which teaches us about professional development. Each team has specific training they complete for their technical skills. The firm also o_ers external training where applicable.

I have been happy with the training opportunity. Grad camp was a really good experience. There are regular L&D sessions that can be useful/interesting. My team is always encouraging of my desire to upskill, whether that is doing my own research in work hours or asking to apply for a formal course. Additionally, my team is always really good at encouraging my learning on the job and getting me involved.

McGrathNicol o_ers a range of training and development programs, particularly for Graduates. These include multiple interstate training camps, ARITA courses (Australian Restructuring, Insolvency and Turnaround Association), and various internal training sessions.

All Graduates are flown to Sydney and Melbourne for three graduate trainings across the year where we work on both technical and soft skills. Every month there are informal courses on di_erent restructuring and insolvency topics.

Have completed an in-person one-week Graduate Development Program which covered o_ specific service line training, in addition to writing and interpersonal skills training, etc. We additionally have access to unlimited LinkedIn learning training courses. There are also o_ce specific training opportunities.

The Graduate Development Program at McGrathNicol is well structured and involves several trips interstate to meet with your cohort. The technical Restructuring training is adequate, but most of this learning takes place with colleagues on-the-job.

Informal / on the job training is frequent and e_ective. Formal training is heavily emphasised and well structured, however more emphasis could be placed on preparing Graduates for tougher aspects of the job (dealing with creditors, terminated employees, disgruntled clients, etc.).

As a graduate we have a formal Graduate Development Program which involves two 'grad camps'. The ?rst was in Sydney for a week and the second in Melbourne for half a week. Both of these are great for helping develop soft skills, get a deeper understanding of the ?rm and its capabilities and getting to know your grad cohort. The Deals, Strategy and Performance team has introduced formal modelling training this year for Senior Analysts and above, and is introducing formal due diligence training sessions this month. In my role my primary skills relate to excel and ?nancial analysis. I have also picked up a lot of research skills and deck building skills for reports and presentations.

The firm has an online training site which can be accessed at any time, with several modules regarding the firm's internal systems being mandatory within the ?rst few weeks of starting the job. There are also training events organised by the Learning and Development team throughout the year on various topics as they become relevant, and my own o?ce holds Tips and Tricks sessions monthly on speci?c topics such as report writing which you may attend. Learning and Development also holds two events annually known as 'Grad Camp' wherein all the graduates for the year from around the country are ?own to one city for around a week to attend intensive training sessions, as well as socialising with each other and the local o?ce

GDP (Graduate Development Program ) training to assist with communication skills, office procedures and navigating the website, along with business writing and roll-playing. Buddy program was helpful for more specific tasks and day-to-day learning. During busy periods it became slightly more difficult to reach out as everyone was pre-occupied.

I was flown interstate to meet graduates from other offices on two occasions. These trips resulted in returning with lots of gained confidence and valuable knowledge. In addition to this formal training, we regularly have restructuring specific training from ARITA (Australian Restructuring Insolvency & Turnaround Association), which is great to give more context to my work. My colleagues in the office are always more than happy to chat about a technical aspects of the job which boosted my learning significantly too.

Great, for individuals like myself, this is my first professional job so the training starts for

We did a few hours of online learning modules which were interactive - and that made them a bit easier to get through. You learn a lot more by actually doing things though. We also got to fly to Sydney to do "grad camp" which was a few days of training and socialising! We get mentored by and buddied up with other team members too which is very valuable.

Mostly irrelevant as all tailored to restructuring rather than deals

I think by and large the training is well planned, thorough and purposeful. The Graduate program is fantastic and I couldn't speak highly enough of it. I find some elements of the training tedious and drawn out however, by and large it is pretty good.