Lazard

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Interview Tips

Based on Fintern research · 2–3 rounds

Process overview

Lazard recruits on a similar timeline to other elite boutiques, with applications opening in late July/August and superdays in October. The firm runs a highly analytical and globally-minded process.

Deep valuation knowledgeCross-border M&A mechanicsMacro and sector awarenessMotivation for Lazard's advisory-only model
  1. 1

    Lazard's strength in cross-border advisory is well-known. Be prepared to discuss a deal with international complexity and explain the additional challenges — currency risk, regulatory coordination, cultural dynamics — that cross-border M&A introduces.

  2. 2

    For financial advisory roles, go beyond valuation formulas. Interviewers want to understand how you'd think about synergy quantification, fairness opinions, and advising a board of directors under competitive bid pressure.

  3. 3

    Lazard has a significant Asset Management business alongside financial advisory. If applying to AM, prepare an investment philosophy and at least one stock pitch with a clear thesis, valuation anchor, and risk factors.

  4. 4

    The firm values intellectual rigour — show you can think through ambiguous, open-ended problems. Lazard interviewers often pose qualitative scenario questions rather than purely textbook technicals.

  5. 5

    Motivation questions are taken seriously. Build a compelling, specific story for why Lazard over a bulge bracket. Lean on its independence, advisory-only model, and recognised expertise in sectors like healthcare and restructuring.

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Recruiting Calendar

Summer Internship

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2027 cycle · OctDec

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