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Lazard - Analyst Recruitment Process For Website

The recruitment process for Lazard Analyst positions consists of 4 stages: 1. Completing an application form, numerical and verbal reasoning tests within 72 hours for initial screening. 2. A numeracy re-test, written case study, and 30-45 minute interview for international candidates or 2.5 hour on-site interview/case study for local candidates. 3. An assessment center involving group exercises, presentations, and informal lunches if successful at previous stages. 4. Final interviews in London with senior bankers if you pass the assessment center, where technical offer discussions would occur. Reimbursement of travel expenses is provided for international candidates.

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908 views3 pages

Lazard - Analyst Recruitment Process For Website

The recruitment process for Lazard Analyst positions consists of 4 stages: 1. Completing an application form, numerical and verbal reasoning tests within 72 hours for initial screening. 2. A numeracy re-test, written case study, and 30-45 minute interview for international candidates or 2.5 hour on-site interview/case study for local candidates. 3. An assessment center involving group exercises, presentations, and informal lunches if successful at previous stages. 4. Final interviews in London with senior bankers if you pass the assessment center, where technical offer discussions would occur. Reimbursement of travel expenses is provided for international candidates.

Uploaded by

Andor Jákob
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Welcome to the 2013 Lazard Analyst Recruitment Process: Stage-by-Stage Guide

The recruitment process has been designed to test and challenge you as well as giving you the opportunity to find out more about Lazard and meet with as many of our people as possible throughout the process. If you have any questions regarding the process, please check the FAQs section of the website as your query is likely to be answered there.

Stage 1
Application Form
You will need to complete the online application form which will ask for some of your personal details and background including your education history and work experience to date. You will also be asked questions about your motivations for joining Lazard, financial advisory and your core competencies. Please consider the following points: It is important that you answer every question in this section. Please limit your response to each question to 250 words, anything written above this word count will not be read or assessed. Your application will be assessed both in terms of the content of your responses and experiences, and also on the effectiveness of your written communication. Write clearly and explain concepts in your own words. Where appropriate, it is recommended that you draw on a range of diverse past experiences. These can be from work, university, home and/or extra-curricular areas of your life. Please try to use fairly recent examples (within the last two years). Please make sure that you are clear about the role that you played and the steps you took. Please note that there are prompts underneath each question. Please ensure that you use these prompts to structure your answers. We are looking for candidates who are academically excellent and who display a sense of individualism and identity. You are encouraged to use varied examples in your answers to demonstrate as many of your key strengths as possible and please ensure that your answers are specific to the questions being asked. We strongly recommend that you check your application form for punctuation, spelling and grammar thoroughly before submitting as we will consider clarity of your writing as part of the assessment process. You may only submit one application for the same position at Lazard in any given year.

Numerical Reasoning Test


After an initial review of your application form, if you are successful, you will be asked to complete a timed online numeracy test from SHL within 72 hours. The test is designed to assess your numerical agility and understanding of tables of statistical and numerical data as well as your ability to make logical deductions from the data.

It is recommended that you take some time to practice the style of these tests so that you are familiar with the format and type of questions asked. The SHL website (www.shldirect.com/practice_tests.html) will provide you with some examples and guidance. In any case, before you start the test online, you will have the opportunity to do some practice questions. Should you have any technical questions with the online tests, please check our FAQs.

Verbal Reasoning Test


If you are successful in getting through to the next stage, you will then be invited to complete a timed online verbal reasoning test from SHL within 72 hours. This test is designed to measure your ability to understand written information and to evaluate arguments about this information. As with the numerical reasoning test, it is recommended that you take some time to practice these tests so that you are familiar with the format and type of questions asked. The SHL website (www.shldirect.com/practice_tests.html) will provide you with some examples and guidance. In any case, before you start the test online, you will have the opportunity to do some practice questions. Should you have any technical questions with the online tests, please check our FAQs. We will then assess your application form and scores on both tests as a whole. Should you be successful, you will be invited to the next stage of the process. Please be aware that given the volume of applications we review, you should expect to wait a few days after completing the reasoning tests before receiving an update on your application progress.

Stage 2
Numeracy Reasoning Re-test
You will be asked to complete a further numerical reasoning test by SHL. This test will be the same format as the previous test you took in Stage 1.

Written Case Study


You will complete a written case study and will be asked a series of questions around the case study as part of the interview. The case study has been designed to test your ability to assimilate large quantities of information whilst appreciating the bigger picture both important competencies that an analyst must show.

Interview
You will have a 30-45 minute in-depth interview with a member of our Lazard graduate recruitment team which will be focused around your compatibility with Lazard as well as a number of core competencies that we look for in an analyst. You are encouraged to share your past experiences and talk about a variety of situations where you may have demonstrated particular competencies. To help you prepare for the interview, we recommend you take full advantage of interview workshops that your university career services centres may run as this will give you invaluable practice and feedback. The interview and written case study will last approximately 2.5 hours.

PLEASE NOTE - If you are located abroad and are invited to take part in Stage 2 of our process, you will be given a shorter interview on the telephone rather than attending in person. The interview will be shorter because you will not be asked to sit and then discuss the case study exercise or do a second numerical reasoning test at this stage. However, if you are successful in your telephone interview, you will be invited to Stage 3 our Assessment Centre where you will also sit both the case study and second numerical reasoning test. We will reimburse your reasonable travel expenses for attending the Assessment Centre.

Stage 3 Assessment Centre


If successful, you will be invited to an assessment centre. Please note that you are not in direct competition with the candidates attending that assessment day. Anyone who successfully meets our selection criteria will be put through to the Final Stage of the process. You will be asked to complete a number of exercises which have been set in an investment banking environment and reflect typical tasks you would be expected to do as an analyst on a day to day basis:

Group Discussion Exercise


You will participate in a group discussion with other candidates which will be observed by assessors. You will have allocated time on the day to prepare for the discussion beforehand.

Presentation
You will be asked to make a short verbal presentation using materials that you will receive on the day. You will have allocated time to prepare for the presentation beforehand. The assessments will last approximately half a day including an informal lunch with some of our current analysts. This will give you another opportunity to ask questions and gain some valuable insight into the life of an analyst at Lazard.

Stage 4 Final Stage


If you are successful, you will be invited to final stage interviews with some of our senior bankers which will be held at our London office. There will be a minimum of two interviews lasting approximately 45 minutes each. These interviews typically will be more technical in nature so please come prepared to talk more about Lazard, the financial markets and world affairs. If you are successful in the final interviews, we will make you a formal written offer. PLEASE NOTE Again, if you are located abroad and invited to the final stage interviews, we will reimburse your reasonable travel expenses.

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