Lazard is one of the most selective independent advisory firms, and its 2027 summer analyst recruiting follows the early-cycle pattern of elite investment banks. Applications typically open in late summer for the following year's programs. Here is the timeline, the application steps, and what happens after you submit.
When do applications open?
Lazard typically opens applications in late summer (around July to August) for summer programs starting the following year. The exact timing varies by region — the London, New York, and other regional offices run on slightly different schedules — so check Lazard's official careers page for the current cycle's dates.
Application windows generally extend into the autumn, but Lazard reviews on a rolling basis, which makes the posted deadline less relevant than the actual pace of hiring.
Are applications reviewed on a rolling basis?
Yes, for most programs. Lazard screens applications and invites candidates to assessments and interviews as they arrive. Early applicants get the first looks; candidates who wait until near the deadline often find interview slots already taken.
Aim to submit within the first month of the window opening, and earlier if your materials are ready.
How to apply
- Submit your online application through Lazard's careers portal. You will need a CV, a cover letter, and your program and location preferences. Tailor the cover letter — Lazard's recruiters read them.
- Complete the online assessment. Depending on the region, this is typically numerical and verbal reasoning tests, or a blended online assessment combining several formats.
- First-round interviews. Usually conducted by video, covering motivation and competency questions with some technical content for banking roles.
- Final-round interviews. Held at the office, typically involving several interviews with bankers across levels.
What happens after you apply
Expect an assessment invitation within a couple of weeks of applying. Lazard's online tests are timed and adaptive — practice under realistic time pressure before you sit them, because your first attempt counts.
Candidates who perform well are invited to first-round video interviews in the autumn. These lean heavily on motivation ("Why Lazard?", "Why M&A advisory?") plus competency examples. Final rounds typically take place before year-end for summer programs, with offers following shortly after. The full process from application to offer can take two to three months, so applying early also means hearing back early.
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