The process, round by round

Rounds below reflect how Lazard-style processes typically run, with each datapoint labeled by source. Readable questions are the same sample the Lazard intel feed shows; the rest stay locked until you contribute a report or start your 3-day free trial.

First Round

8 reported datapoints

8 more First Round datapoints are locked. Unlock them on the Lazard intel page.

Superday

5 reported datapoints

Walk me through a simple recovery waterfall for a company with secured debt, unsecured debt, and equity.

RestructuringTechnicaladvanced

4 more Superday datapoints are locked. Unlock them on the Lazard intel page.

What to drill before Lazard

Every reported Lazard datapoint maps to an Internvest drill category. These are the ones this firm's questions draw on, most covered first.

Restructuring (4)Accounting (3)M&A (3)Behavioral (2)DCF (1)

Deadlines at Lazard

  • Lazard 2027 Asset Management Summer Analyst Program

    No opening date on record for this cycle.

    Summer InternshipsNot announced yetCheck status
  • Lazard Freres Gestion Stage - Analyste Actions - Janvier 2027 (Paris)

    Opened June 30, 2026. No closing date reported yet.

    Off-Cycle InternshipsOpenCheck status
  • Lazard 2027 Full-Time Analyst Program (US)

    No opening date on record for this cycle.

    Full-Time ProgramsNot announced yetCheck status
  • 2027 Summer Analyst Program (US)

    Applications closed February 21, 2026.

    Summer InternshipsClosedCheck status

This guide summarizes the Lazard process. The full datapoint feed, including the locked reports, lives on the firm intel page.

All Lazard interview questions

Interview guides for other firms

The Internvest home: the day's tasks, the month calendar with deadline days marked and the readiness card.

Walk into your Lazard interview knowing the process.

Firm intel beside the drills, mock interviews and a tracker that counts down every recorded date on your list.

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