North America
North America Undergraduate
Analyst Program
Analysts typically join Lazard after completing and undergraduate or Master’s/graduate degree. Lazard typically hires 50 first-year Analysts per class year in the U.S.
Role and Responsibilities
Day-to-day activities of an Analyst vary, but will include: financial analysis and modeling, company and industry research, participating in the development of client presentations, and interactions with senior bankers and clients.
Training and Development
Analysts participate in a six-week training program in New York City, which includes courses in accounting, valuation and Excel taught by industry professionals. In addition to on-the-job learning, Lazard also offers Continuing Professional Development programs and mentorships.
Placement
Opportunities by region include:
New York: Analysts will be hired directly into one of the following groups: M&A, Restructuring, Capital Markets Advisory, Private Fund Advisory, Corporate Preparedness, or Corporate Strategy.
Analysts joining one of the M&A or Restructuring groups will initially be hired into a pool, then placed within an M&A industry team or Restructuring. Analysts will undergo a pre-training process designed to help the Analyst and the group assess the strongest cultural fit for a formal, group assignment.
All other U.S. Analyst programs are defined by industry:
Boston: Technology
Chicago: M&A (Midwest Advisory) or Restructuring
Houston: Oil & Gas, Energy, Airline
Los Angeles: Aerospace and Defense, Consumer/Retail, Gaming and Lodging
San Francisco: Healthcare, Technology or Convertibles
Qualifications and Skills
- Students in their final year of undergraduate or graduate studies may apply
- Top academic performer who is willing to work hard in a formal, unstructured environment
- Educational background may vary, from business to liberal arts
- Must have a passion for financial concepts and enjoy quantitative work in addition to strategic thinking
How to Apply
All candidates must apply online through lazard.com/careers. In instances where we recruit at your university, we also ask that you apply through your school’s career department.
North America MBA
Associate Program
Associates typically join Lazard after completing an MBA or other Master’s/graduate degree, or after several years of experience in Finance. Lazard typically hires 15-20 first-year Associates per class year.
Role and Responsibilities
Day-to-day activities of an Associate include: financial analysis and modeling, creating and preparing client presentations, interacting with clients, managing transaction processes and providing guidance to Analysts, among other activities.
Training and Development
Associates participate in a two-week training program in New York City, which includes valuation courses and Series 79 preparation taught by industry professionals. In addition to on-the-job learning, Lazard also offers Continuing Professional Development programs.
Placement
Opportunities by region include:
New York: Industry group placement across M&A or Restructuring.
M&A groups include: Consumer/Retail, Financial Institutions, Healthcare, Industrials, Power/Energy/Infrastructure, Real Estate, and Telecom/Media/Technology. Opportunities are also available with Capital Markets Advisory.
Boston: Technology
Chicago: M&A or Restructuring
Houston: Oil & Gas
Los Angeles: Aerospace and Defense, Consumer/Retail, Gaming and Lodging
San Francisco: Healthcare or Technology
Qualifications and Skills
- Minimum of 2-3 years of prior work experience, preferably in financial services
- Students in their final year of studies at an MBA or other graduate program may apply
- Top academic performer who is comfortable in an unstructured environment which values initiative, creativity, maturity, and poise
- Strong quantitative background and analytical skills
- Excellent oral and written communication skills
- Highly motivated, strong attention to detail, ability to multi-task, team player
How to Apply
All candidates must apply online through lazard.com/careers. In instances where we recruit at your university, we also ask that you apply through your school’s career department.
