
Lazard General Intern Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 125 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Lazard.
Intern
So the interview had some basic tech and behavioral questions, nothing too difficult, but it did involve a lot of accounting and valuation. The behavioral questions were pretty standard, like tell me about yourself, your greatest weakness, and why you're interested in investment banking.
- Can you walk me through the three financial statements?
- Explain valuation.
Intern
It was a tough interview process with hard questions. One interviewer was nice, but the other was serious and asked difficult questions. The questions were way outside the usual material, requiring a lot of thought and knowledge beyond typical finance textbooks.
- Can you explain Discounted Cash Flow (DCF)?
- What are the sources and uses for a Leveraged Buyout (LBO)?
Intern
So, I had a quick chat, about 15 seconds to prep and then 2 minutes to talk for each of the 3 questions. It covered why I'm interested in Lazard, a bit about current events and what I learned, and then how I'd fit with their values.
- Why are you interested in Lazard?
- Could you discuss a recent merger, IPO, or significant global event that caught your eye and share your key takeaways from observing it?
- In what ways do you believe your values align with those of Lazard?
Lazard General Intern Interview Questions
Quoted word for word from Lazard interview reports.
“At 12:15, what is the angle between the minute and hour hands?”
Read reports →“What is enterprise value, and in what situations is it preferable to equity value?”
Read reports →“For a company like 3M, what would you guess the cost of debt and equity to be?”
Read reports →“If a company with a P/E of 20 acquires a company with a P/E of 10 using only stock, will the deal increase or decrease earnings per share, assuming everything else stays the same?”
Read reports →“If you didn't have to worry about money, what career would you want to pursue?”
Read report →“As an Investment Bank, what advice would you give to a board that wishes to avoid an acquisition?”
Read report →“Regarding recent financial news, what have you observed, and what impact do you think it has on the markets?”
Read report →“Can you explain how to value a company, starting with a DCF and elaborating from there?”
Read report →“If you were writing an article about Lazard in 20 years, what achievements would you highlight for the firm?”
Read report →Formats, difficulty and experience
Across all 125 Lazard interview reports.