For Lazard’s lateral associate process, does anyone know what the model test looks like?
Specifically curious if there’s usually a modeling test and whether it’s done in person or virtual/take home. Also curious if it’s purely group dependent.
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Based on the most helpful WSO content, Lazard's lateral associate process often includes a modeling test. However, the specifics—such as whether the test is conducted in person, virtually, or as a take-home assignment—can vary depending on the group or team you're interviewing with. It's advisable to prepare for a range of scenarios, including financial statement modeling, DCF, M&A, LBO, and Comps, as these are commonly tested areas.
For more tailored insights, it might be worth reaching out to someone who has recently gone through the process or exploring WSO forums for shared experiences.
Sources: Lazard first round - Consisted of three parts, Lateral Modeling Tests, Lateral Hire analyst modelling test., Analyst lateral hiring MS - modeling test
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