Getting an Interview
Getting an Interview
Interviews for Top Jobs at Lazard
- Investment Banking Analyst (7)
- Analyst (6)
- Summer Analyst (5)
- Intern (2)
- Investment Banking Summer Analyst (2)
- Stagiaire (2)
- Associate (2)
- Spring Week (2)
- Spring Insight Week (1)
- Summer Advisory/IBD Analyst (1)
- Spring Analyst (1)
- Full Time Analyst Position At Lazard (1)
- Analist investeringsbank (1)
- Investment Banking Associate (1)
- Praktikant (1)
- M&A Intern (1)
- Investment Banking Intern (1)
- Graduate Analyst (1)
- Summer Internship (1)
- Accepted OfferAccepted Offer
First rounds were conducted on campus, contacted the same evening to attend a Superday at the office. Relatively straightforward questions on valuation and basic qualitative questions (tell me about yourself, why banking, why Lazard, tell me about some of the recent deals this office has done, etc.). Superday was 3 hours long.
- Explain to me why one company may have a higher multiple (any multiple of choice) than another Answer Question
- Declined OfferDeclined Offer
The first round interview was about 30 minutes long and consisted of questions about my resume and background. Then in the rest of the interview, the interviewer described the type of work that the job entailed and what type of person would be a good fit. There were no behavioral or technical questions in this first round.
- No OfferAverage InterviewNo OfferAverage Interview
I applied online – interviewed at Lazard.
Phone interview and then superday
- All pretty easy run of the mill technical and behaivoral questions. why IB why lazard pitch a stock walk me through a dcf and then specific questions about steps in the dcf Answer Question
Helpful (1)No OfferDifficult InterviewNo OfferDifficult Interview
I applied through college or university. The process took 2+ weeks – interviewed at Lazard (Chicago, IL) in February 2013.
Applied through college career site. At first, I was declined a interview, but later on accepted an interview. Met with a 3rd year analyst and 1st year associate. They seemed to be playing good cop/bad cop. Asked standard behavioral and technical questions but seemed pretty uninterested in being there interviewing.
- Which one has a higher discount rate, DCF or LBO? 2 Answers
- No OfferPositive ExperienceAverage InterviewNo OfferPositive ExperienceAverage Interview
Was interviewed by 2 guys, one associate and one junior analyst. The interview was very laid-back, mostly fit questions like going through my resume, why I wanted to work in investment banking, which sectors I was interested in and so on. They were both very nice, no good cop, bad cop. They did throw in some technical questions, but they were basic accounting questions.
- How do the three financial statements work? Answer Question
- No OfferNeutral ExperienceAverage InterviewNo OfferNeutral ExperienceAverage Interview
I applied through college or university. The process took a day – interviewed at Lazard (Houston, TX) in January 2012.
30 minute interview, 2 bankers present, conducted on-campus. More emphasis on "fit" than other banking interviews. I was asked 2 finance questions that were not complex. (1 accounting, 1 valuations) I happened to grow up in Houston and attended private school from preschool through high school. I mentioned this as an offhand comment, and one of the interviewers actually wrote it down. Do they really care where I went to preschool? Also, they had a good cop/bad cop attitude. Having done behavioral/fit interviews for other industries, I didn't think it was that bad, but it caught some others off-guard, who were expecting more of a focus on the financial questions.
- You just sold an asset worth $200M. Walk me through the three financial statements. Answer Question
- Declined OfferNeutral ExperienceDifficult InterviewDeclined OfferNeutral ExperienceDifficult Interview
I applied through college or university. The process took a week – interviewed at Lazard (New York, NY) in October 2011.
Normal on-campus recruiting process. First round was a two-on-one interview with Associates. Mainly technical questions, fairly intense. One interviewer would ask a question and the other would interrupt my response with another technical question. They were nice enough guys though, as after I answered a bunch of technicals correctly the tone of the interview shifted and became much more lighthearted. Nothing unexpected though. Invitation to superday a few days later. Superday consisted of 4 one-on-one interviews with VPs and Associates. Fewer technical questions, more fit questions as well as some brainteaser/probability questions.
Reasons for Declining
Have heard bad things about culture and bonuses. Had another offer at a similar firm.
- No OfferNegative ExperienceDifficult InterviewNo OfferNegative ExperienceDifficult Interview
I applied through college or university. The process took a day – interviewed at Lazard (Chicago, IL) in February 2011.
Went in without much of a corporate finance background, and got peppered with quantitative financial questions despite saying up front that my classes were mainly just economics. So kind of a struggle to keep going through all these concepts I hadn't heard of before.
- Some corporate finance questions 1 Answer
Helpful (1)No OfferPositive ExperienceDifficult InterviewNo OfferPositive ExperienceDifficult Interview
The process took a week – interviewed at Lazard (New York, NY) in October 2010.
A lot of fit and mental math. Definitely need to know the basics of accounting and finance. They really want to know why IB because they expect you to stay on for 2 years. Very nice guys in general. Really have to show a passion for what you are applying to.
- A lot of mental math. Be able to take percentage of numbers and quickly multiply. Answer Question
Is this helpful? The community relies on everyone sharing – Add Anonymous Interview Review