Trending Content - Investment Banking Forum
Career Resources
WSO Free Modeling Series - Now Open Through
August 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
Why?
Bump
PJT RSSG is ~10. It was at 8 a couple of years ago but I think it may have increased a bit. Lazard has a generalist M&A/RX internship through its NYC office - this summer, kids worked with one group given the shortened duration but typically the group takes 3-4 full-time analysts.
Is Lazard's M&A/RX internship similar to what they do at Moelis LA?
I'm not too familiar with the Moelis LA internship program. I'm pretty sure the Moelis NYC internship is also generalist M&A/RX so it's likely that they are similar but I can't 100% confirm that. I would guess that all of the other RX programs have fewer than 10 analysts per class.
Following
Bump
EVR RX is around 8-10 I believe.
PJT RSSG is 8-10, HL FRG is 10-12 in NY, Lazard gives generalist intern offers, but you will rotate through two groups during the internship, and then get a group specific offer for ft -- I'd believe the above poster who said 3-4 ft offers in the rx group, but that does sound a little low. Not sure about evercore -- they used to do very few (3-4) summer interns, but the group has grown a lot in the last few years. Moelis is completely generalist throughout the internship and the analyst program so you'll never be a permanent member of the rx team, but you can request to be staffed on rx deals if that's what you're interested in. I know greenhill and guggenheim also run rx specific internship processes but idk how many they take -- I'd assume less than 10 each. All in all there are less than 100 kids in NY each year that get an Rx spot, so it's a pretty small universe with really high competition for the top firms.
Excepturi et ipsa et maxime. Voluptatum eaque consequatur eum rerum et facilis atque. Et voluptas deserunt magnam debitis blanditiis impedit. Rerum rerum facere est perferendis consequatur provident tenetur. Minima quo incidunt incidunt temporibus nesciunt.
Dolore tempora id ratione. Dolorem reiciendis non velit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...