Situational Judgement Test SJT The Situational Judgement Test presents you with different scenarios that you might face in the role in Lazard and asks you to decide on the most effective and the least effective course of action.
The SJT has been specifically designed to provide you with a realistic preview of what it is like to work in Lazard and assesses: your natural ability to analyse situations and make decisions your ability to think about the implications of your actions and weigh up the best course of action your approach to working, collaborating and communicating with others your ability to work quickly through specific job related problems How to work through the SJT effectively Be yourself and go with your first natural response.
We want to understand who you are and what value you will add to Lazard. Please try not to think about the scenarios for too long; it is more effective to read the scenario and go with your first reaction or natural response to what you think is the most effective and least effective course of action. Read each scenario properly and in detail.
Please take time to read each scenario properly, ensuring that you understand the task or the situation in order to be able to give your natural response. If you rush through the questions too quickly, you may misinterpret something or misunderstand the scenario posed to you and therefore provide an incorrect answer. Familiarise yourself with Lazard, our values, and the type of work we specialise in. However, reading our website, familiarizing yourself with what we do and the role you have applied for will help you complete the test.
You should try and make sure you have done some background reading and preparation on what it is like to work for Lazard and who we are as an organisation before taking the test. Video Assessment The Video Assessment should not take longer than 20 minutes excluding a quick preparation time and will focus on some interview style questions around your motivation, cultural fit and interest in our organisation and the industry.
How to work through the Video Assessment effectively Draw upon your past experiences and situations where you have best demonstrated particular competencies Take full advantage of interview workshops that your university career services centre may run, as this will give you invaluable practice and feedback Make sure you are in a quiet room where you will be free from background noise, distractions or interruptions Treat the Video Assessment in the same way as you would an in-person interview by presenting yourself smartly If you are successful in passing the Video Assessment, you will be invited to face-to-face interviews.
Stage 4 - Interviews Those candidates who are shortlisted from the Video Assessment will be invited to in-person interviews with our bankers. I think they are more on par with Baird and Lincoln. I have a friend considering a summer analyst position at Lazard. Anyone have any insight on the SA experience there?
Lifestyle, hours, people, experience, etc? Good internship to full time ratio? Depends on the group, really, but I have heard bad things about Lazard concerning hours. Lazard is notorious for having an intense culture. Search the forum for "Lazard's Culture" or something like that, there have been more than one threads on this. However, when I interviewed there the analyst told me no one really works THAT much because it's totally unsustainable, and there is no "face time" requirement.
That means if you're done with your work at 9pm, you go home. Now the problem is, you may not be done with your work at 9pm So I don't know, it depends on the office, on the week, etc Regarding the other questions, it's also office-dependent, but the one person I have spoken to who did SA at Lazard had a very positive experience apart from the ones who interviewed me - they also said they had positive experiences, obviously.
They're just not as direct about it as the other places. I've heard from classmates and older years it's brutal in terms of hours but there's no bullshit involved. Echoing the above, if you manage to get done before midnight you take your ass home, but you won't always have that luxury. I have a friend who did a summer at Lazard.
He said that it was the worst hours he has experienced he then did 2 years of IB in a BB. Their TMT group is especialiy know to be that rude. Paid was good, for the people he interned in Paris so I couldn't help you. I can confirm that their TMT group in Paris is particularly brutal in terms of working hours. But the experience is extremely rewarding.
Lazard being an elite boutique and the most well-known , the workload is by definition huge. But so are the kudos Clearly nowhere as long as GS. Seriously, my impression is that it is one of the most brutal places - but looks great on your resume! There isn't one place where, as a summer analyst , there won't be some, if not a decent, amount of facetime required.
Expect to be working your ass off, but to get a good experience. There will be works where you are in the office hrs and others where you're there for , it all depends. Lazard Capital Markets Reputation?? Anyone know reputation about Lazard Capital Markets? Any thoughts? They are quite apart from Lazard Adivsory, AM , although they do belong under one umbrella.
But, you wouldn't find LCM on Lazard's website. It's a smallish operation and they don't really take on very many if any new analysts.
Most people who work there have joined from somewhere else after doing a 2-year stint or so. You still get to enjoy the same great views at 30 Rock though! They seem to be more a niche player, the way it seems. Yes, separate balance sheets, but they still work very closely together. Their offices are also still right on top of each other. Should have clarified the umbrella comment. I've done my research and I've more or less settled on Lazard over the BB.
I was wondering if anyone on here could speak to the conversion rate to FT at Lazard, and also if "Summer Intern" what it says on my offer letter means Summer Analyst at Lazard. Lazard takes very few summer analysts for IBD each year, so I'd assume they have a pretty good conversion rate.
Dude, why Lazard? You're totally going to get owned by a printer-wielding VP. Can't speak to conversion rate but it would be a huge mistake to decline LAZ. Having spent some time analyzing large cap banks and asset managers, your job and future comp are much safer there than at a BB. A lot of the advice on this site is stale and still reflects a mentality.
You or anyone can't overlook the ongoing Euro debt crisis and regulatory uncertainty. Picking a BB is like throwing darts at this point.
Half of them are ticking time bombs but we just don't know which ones and when. Besides, your post makes it sound like Lazard is immune to market pressures it is listed after all and its compensation ratio is pretty high compared to its peers. Okay, sorry. You didn't elaborate on your post so I thought you were somehow trying to counterbalancing the firing of the 1st years with the hiring of analysts.
Do they ask any ridiculously hard questions or brain teasers? Even if you struggle, they will keep asking you tougher and tougher technical questions. Most difficult technical interview I ever had when I thought I was going to stay in banking. This was at the associate level. No way to help you prepare, just make sure you study your ass off. Lazard - Culture? Hey anyone know about the culture of Lazard?
Lazard salary? That's the exact same as Barclays London as well. Where do most people tend to go after doing their 2 years? Haven't met many ex-LAZ kids at the major buyout firms. A lot of people tend to think that mega funds are full of people from perceived target groups in banking.
While Lazard places well, I would imagine that no more than people from their class go to each mega fund every year. Even that might be overstating it. I doubt it's only people per class given that Laz has an incoming class of analysts. Maybe you mean per group If go to each megafund that's about 10 analysts at megafunds.
That I assume would be reasonable. Lazard - Analyst program? Search the forum, there are other threads on this. They have really gone downhill since the late 90s. Still good on the exit ops, but you will see more deals at some of the "tier 1" banks. I know Lazard 's restructuring group is top notch. Lazard - MM comp packages for analysts?
Does anyone know Lazard Middle Market comp packages for analysts 1st or second year? Et vel est ut consequatur nulla. Et corporis autem dicta magni ut rerum quis. Ut tempore vero distinctio occaecati.
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Accusantium enim fugiat suscipit debitis distinctio. Laudantium id similique hic officia sed. Perferendis rerum ut impedit quaerat optio. Deserunt assumenda nisi ipsa molestias voluptatibus. Minima in dolores dolor reprehenderit incidunt. Corporis est eaque quam odit iste. You can download this screenshot as image or copy to clipboard using browser's context menu. Join Us. Already a member? Popular Content See all. I came to the firm as a mid-career professional after having a background in consulting, tech and a variety of other companies.
You can also get AI-powered feedback on your answers to help you land that dream job! Introduction Some time ago, Lazard changed its hiring procedures to include something called a " HireVue interview". So it's a win-win right? Sort of. In a HireVue interview, you'll record yourself answering questions. Then, you'll get around 30 seconds to prepare your answer and around two minutes to answer. The number of questions varies, so be ready to answer anything from 2 to 5 questions.
You can answer on your cell phone, laptop, or desktop computer - as long as it has a camera. Lazard's HireVue interview specifics The questions asked will be mostly behavioral ones, so make sure you are brushed up on how to answer those. How to prepare for Lazard's HireVue interview Start with what you can control.
Lazard HireVue interview questions Below are some Lazard sample questions. Tell me about yourself a classic Hirevue question What was the toughest challenge you've faced Tell me about a time you faced a problem with a team member Tell me something that is not on your resume Access more of these questions at Voomer!
Good luck with your interview!
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