Lazard Interview

Nothing good in old posts. Has anyone gone through the interview process from phone interview to final round? I have my first phone interview this week and would like some insight. This is for Energy.

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Assuming analyst - I had an interview with them - though in person. I had to take an offer before getting to their superday, but their energy group is full of great people who are extremely intelligent.

If you can, read a bunch of news leading up to the interview and be able to talk through at least 3 articles and the WHYs of them. I had 30 minutes solid of non-WSO technicals specific to energy. I was also asked about specific deals that had happened - If I had not read about them, then I would have been screwed.

For me, they pushed me until I would get things wrong or just didn't know how to think on every question. i.e. What is accretion? Is this transaction Accretive? What if we change this? this? this? and then when I didn't know they switched to a new topic and repeated.

But, I got asked to a superday despite literally getting to a point on every question chain when I couldn't answer anymore. So the purpose is for you to not know and then to have to think on the spot.

Again, mine was in person and you could have a different interviewer. I know a guy there who would talk you through macroeconomics in the energy industry, and another who would rather do a standard IB technical interview.

 

@"Forrest" This is pretty similar to what my phone interview was like. I walked through my resume then like 25 minutes of straight technicals where they would keep asking me to go deeper until I said something where they would want me to explain a different concept or until I did not know the proper answer. They also threw in a bunch of questions about MLP structures and recent deals... It was a difficult interview but the person said he just wants to know how I would think about things rather than questions with straight answers.

 

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