Investment Banking · Application Guide 2027

Lazard Application Guide 2027

Every programme, deadline, and requirement for applying to Lazard. Plus a free CV checker to see if you pass screening.

Summer AnalystAnalyst

Programmes

Lazard programmes

Summer Analyst

~60-80% conversion

Eligibility

Penultimate-year undergraduates and first-year Master's students

Opens

September

Deadline

October-November (rolling)

Duration

10 weeks (June-August)

Analyst

Eligibility

Final-year undergraduates and Master's graduates

Opens

September

Deadline

October-November (rolling)

Duration

Full-time permanent

Requirements

What Lazard looks for

Intellectual horsepower — Lazard deals are the most complex in banking. They need people who can handle ambiguity and multi-layered problems.

Technical depth — Most technically demanding interviews in banking. DCF, LBO, merger models, and restructuring mechanics tested in detail.

Genuine advisory interest — Pure advisory firm. They want people who care about advising clients, not processing transactions.

Work ethic — Elite boutique hours are intense. 75-85 hours/week. Lean teams, high expectations.

Communication — Advising boards of directors requires exceptional communication. Clear, concise, persuasive.

Intellectual curiosity — Restructuring involves understanding distressed situations, legal frameworks, and creative solutions.

Grade requirements

No official minimum, but competitive candidates typically have a 2:1 or First from a Russell Group university.

Tips

How to apply to Lazard

1

Lazard is known for the most complex deals. Show intellectual depth and genuine interest in advisory.

2

Know the difference between M&A advisory and restructuring — Lazard does both at the highest level

3

Reference a specific Lazard restructuring deal. Their Sovereign Advisory practice is unique.

4

Technical preparation is non-negotiable. Know DCF, LBO, merger model, and restructuring mechanics.

5

Lazard's Sovereign Advisory practice (advising governments) is a unique differentiator

6

Show intellectual curiosity about distressed situations — they want people who find complexity exciting

7

Apply within the first 2 weeks of applications opening. Lazard uses rolling admissions — later applicants face fewer spots.

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CV standards

Lazard CV requirements

One page maximum — Lazard recruiters spend 15-30 seconds on initial CV screening.

Education first, then experience. Include degree classification (or predicted), A-level results, and relevant modules.

Quantify achievements — "increased society membership by 40%" is stronger than "grew the society".

Include relevant skills: financial modelling, Excel, Bloomberg, Python, or languages if applicable.

Tailor to Lazard and the specific division you're applying to. A Markets CV should differ from an IBD CV.

Use reverse chronological order within each section. No photos, no colours.

Success rates

Lazard conversion rates

StageConversion
Application → HireVueSelective (estimated ~20-30%)
HireVue → Assessment centreEstimated ~25-40%
Assessment centre → OfferEstimated ~30-50%
Summer analyst → Full-time offerTypically 60-80%
Overall application → offerEstimated ~3-4%

FAQ

Lazard application FAQs

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