Lazard · Investment banking analyst · Summer Analyst / Analyst
Recruiter screen
The short screen: a clean resume walk, a specific why Lazard, and a market view
What they actually ask
The question shapes this round uses. Larpy does not read these out. It builds each one from your own resume, because the generic version is the one you have already rehearsed.
- “Tell me about yourself, or walk me through your resume.”
- “Why investment banking?”
- “Why Lazard, and why financial advisory rather than a full-service bank?”
- “What is a story in the market you have been following, and what do you make of it?”
- “Which programme and office did you apply to, and why?”
What this round is judged on
- Motivation · a specific 'why Lazard' and 'why financial advisory'
- Communication · concise, structured answers with no filler
- Markets awareness · a considered view on something you actually follow
- Background fit · a credible resume walk at the analyst level
Where this round sits
Lazard’s published process. Lime marks the stage this round runs.
- 01Application
- 02Recruiter screenthis round
- 03First-round interviews
- 04Final round
- 05Offer and training (not simulated here)
What happens in each stage›
- Application
- Through the Lazard student careers portal, into a specific programme and office. The London ladder runs from a three-day Spring Insight Programme through a twelve-month industrial placement and a ten-week summer internship starting in late June, and penultimate-year students are the target for the internship.
- Recruiter screen
- A short screen with recruiting before you meet bankers, in some cycles a recorded video instead of a live call. Lazard does not publish its interview stages, so the form of this round is candidate-reported. The content is motivation and a resume walk.
- First-round interviews
- Interviews with analysts, associates and VPs, mixing fit with fundamentals. Lazard is a markets-forward house with heavy cross-border and sovereign advisory work, and the reported first round reflects it: expect to be asked what you are reading and what you make of it, next to accounting and valuation.
- Final round
- Back-to-back sessions with senior bankers, often including an MD. The technical bar rises into sector-specific valuation, capital structure and merger math, and the fit half tests the qualities Lazard names on its own careers page: intellectual curiosity, thoughtfulness and wisdom.
- Offer and training (not simulated here)
- The programme opens with a formal training programme; in Europe the incoming analyst class gathers in London for a six-week training programme before joining teams.
Sources
Built from what Lazard publishes about its own process and from real interview data. No leaked question lists. The questions you get are generated against your own resume, so they are not from anyone else's interview.
What Lazard says it hires for: intellectual curiosity, thoughtfulness and wisdom, and the two businesses candidates apply into (Financial Advisory and Asset Management).
The student track and its training model: a formal training program on joining, continued professional development, and a six-week European Analyst Training Programme in London for the incoming European analyst class. Applications route through the Lazard student careers portal.
The London early-careers ladder in detail: the Analyst Programme, a ten-week summer internship starting in late June for penultimate-year undergraduate or postgraduate students, a twelve-month industrial placement, and a three-day Spring Insight Programme built on banker-led sessions based on Lazard transactions plus skills workshops.
Investment banking compensation and level context. No interview-process content.
Sources last checked . Hiring loops change, so this date is the honest limit on everything above.