Lazard v Rothschild? LDN

Question

Younger brother has spring week offers from both firms, which one should he choose? He want to go into PE or a L/S hedge fund straight out of undergrad, which one would help him more to reach this goal?

LDN_Monkey · Accepted Answer

If PE or L/S HF is the objective straight out of uni, go for the bigger name: Lazard.

Anon163862 · Answer

Lazard does bigger deals, better brand and better exit ops, defo go for Lazard if you’re after exit ops. But my friends in Rothschild say the culture is really good there and hours are relatively good (analysts are usually always gone by 11pm and don’t often work weekends) whereas Lazard will be v long hours.

Another thing to consider is that Rothschild spring week has a relatively good process to convert to summer with high conversion rates, whereas Lazard you’ll have to have a full assessment centre and interviews to convert to summer.

(London offices)

princepieman · Answer

did laz 2 years ago.

you sit a series of standard psychometric tests (numerical/verbal etc) after your first/second day

then conversion "AC" is on the last day. split into two parts:

1st part is a 60 minute exercise where you're given a bunch of info (literally stacks of paper) about a company looking to be acquired. you then had to sift through all the info and get a company profile + a simple DCF model done on the company. what made it difficult was the press about the company was overwhelmingly bad so you had to twist it into a better light.

2nd part is a group discussion.

+120	Hot take: I’d rather be at Desjardins than UBS for investment banking in 2026	19	19h
+102	Woman who emptied Knicks trashcan on street then stole it was DEI exec, worked at JPMorgan Chase	25	2d
+88	Stop sleeping on UBS - it’s pretty good	29	1d
+60	2026 VAULT PRESTIGE RANKINGS	33	19h
+49	Hardest interview experiences?	34	7h
+41	AI + Financial Modelling	15	45m
+31	Summer before college	25	1d
+27	Full-time lateral advice	8	1d
+26	Current State of UBS in North America	8	5d
+26	People who work/worked in FIG IB at a BB: does FIG really pigeonhole you as bad as people say?	5	1d

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Lazard v Rothschild? LDN

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Lazard v Rothschild? LDN

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