Lazard London - Associate Position

Based on the most helpful WSO content, the hiring process for positions at Lazard, including associate roles, typically involves multiple stages. Here's what you can expect:

1. Rounds of Interviews:

   • Generally, there are 2-4 rounds of interviews. This may include:
     • A first-round telephone interview.
     • An Assessment Center (common for UK roles).
     • Follow-up interviews after the Assessment Center, especially for full-time roles.

2. Types of Questions:

   • Be prepared for a mix of fit, behavioral, technical, and brain teaser questions.
   • Fit and behavioral questions may include topics like leadership, teamwork, career motivation (e.g., "Why Lazard?"), and personal experiences.
   • Technical questions often focus on accounting, DCF, comparables, and potentially LBOs, depending on your experience.

3. Video Interviews:

   • For some roles, there may be a video interview stage. Past examples include 5 questions with 2 minutes to answer each. Questions could cover topics like weaknesses, why investment banking, why Lazard, and how you can contribute.

4. Networking:

   • Networking is often emphasized as a key part of the process. Building connections with Lazard professionals can help you secure interviews.

5. Diversity and Background:

   • Lazard values a diverse mix of educational backgrounds and aims for a balanced male-to-female ratio. They also provide robust training programs to help new hires catch up if they lack prior finance experience.

Make sure to prepare thoroughly for both technical and behavioral aspects, and good luck!

Sources: 20 Most Frequently Asked Questions - London Edition, Reflections at Lazard (London), Lazard Investment Banking Video Interview Questions, Lazard first round - Consisted of three parts, Reflections at Lazard (London)