Lazard Houston vs Citi Houston

My two criteria are
1) % of their class that places into the buyside
2) Culture: Are these people generally likeable? I know this is subjective

Looking forward to hearing your thoughts thanks.

 

I believe Lazard has placed 5/5 analysts in each of their last two classes to places like First Reserve, Limerock, Denham etc. Citi has sent their top analysts to KKR, TGP and the like, but given their size (12 analysts per class), the lower-ranked analysts have a hard time finding post analyst gigs.

I haven't worked at either place so I can't speak directly to cultures, but I like the people I've met from Lazard much more than the people I've met from Citi. IMO having a smaller analyst class helps too. Hours at both will be rough, but I've heard they've been terrible at Citi for the new analysts.

 
Best Response
Slash-Finance:

I believe Lazard has placed 5/5 analysts in each of their last two classes to places like First Reserve, Limerock, Denham etc. Citi has sent their top analysts to KKR, TGP and the like, but given their size (12 analysts per class), the lower-ranked analysts have a hard time finding post analyst gigs.

I haven't worked at either place so I can't speak directly to cultures, but I like the people I've met from Lazard much more than the people I've met from Citi. IMO having a smaller analyst class helps too. Hours at both will be rough, but I've heard they've been terrible at Citi for the new analysts.

Sounds about right. Citi does a LOT more deals than Lazard, but also has a lot more analysts. Lazard hours are horrendous too. Think they'd be slightly longer than hours at Citi - both will be bad.
 

Lazard by a mile. While Citi Houston does a lot of deals, the shop is pretty horrible and has over 60 people. Lazard tends to pick its deal flow more carefully, and is about a third the size. The Citi name is not worth half of what the Lazard brand will bring you; and you have to consider that Lazard has near 100% solid exit opps, while Citi is hit or miss. I think that the brand of Lazard and the near perfect record for placement helps Lazard win this one easily.

 

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