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We are offering a unique opportunity to spend the summer learning what it is really like to be an equity Research Analyst.
You should have a thirst for learning and challenge consensual thinking. You should have a logical and analytical thought process and an inquisitive mind. You should be able to think laterally, across regions and sectors, be a strong communicator and enjoy working as part of a team.
We are extremely proud of our track record in developing our interns to be successful long term members of our team, and hope to offer this year’s candidates the opportunity to join us after their studies.
The programme will take place between July and August, and is based at our London offices in the heart of Mayfair.
Who we are
Founded in 1848, Lazard operates in 40 cities across 25 countries with two core businesses: asset management and financial advisory. The Lazard Asset Management Group (“LAM Group”) has circa £154.3 billion assets under management across a wide range of global, regional and country-specific strategies - both traditional and alternative - in listed equity and fixed income.
We balance the feel of a small firm with the scale of a large global organization. The individual matters - if you come up with a great idea, you can apply it.
We cultivate a workplace culture where exceptional talent thrives. We promote diversity and inclusion, foster professional and personal development, and encourage our people to engage with the communities in which we live and work. A workforce comprised of people with varied backgrounds and experiences creates a rich diversity of thought that empowers us to challenge conventional wisdom, as diverse perspectives lead to better decisions.
Our culture is unique
Our culture is entrepreneurial and collegiate. Analysts are given the intellectual freedom to research stocks in the way that is most suited for that stock / sector and everything is done to protect the analyst’s time to focus purely on investing. Fundamental active equity research lies at the heart of what we do.
Analysts have global sector responsibilities and are tasked with finding the best investment opportunities globally for our clients. Our analysts are career analysts, and this is a dedicated and highly respected career path within the organisation.
Our people are open, honest and straightforward. Former interns have commented how genuinely friendly and approachable we are, and how we go out of our way to help them learn.
What to expect
You will be given actual work from the very first day you arrive. After your induction, you will be individually mentored by one of our experienced analysts for the duration of the programme.
The internship will give you a broad and in depth understanding of the skills required to be successful at our firm - from fundamental research, financial modelling, to portfolio construction and valuation. You will also be introduced to various divisions of our wider business.
You will be given a sector to analyse, and asked to present a buy/sell recommendation on a stock(s) to a panel of investors at the end of your internship.
You will have opportunities to attend business, training and social events to allow you to understand our company and the asset management industry, alongside building your own network.
Our firm is made up of motivated, intellectually curious people. We are looking for students with a strong academic record, an interest in investing and curiosity for what makes companies successful (or not). Well-rounded candidates from a diverse range of backgrounds, who can demonstrate interests and endeavors outside of their studies, are especially welcome.
Our team possess a wide range of degree disciplines, and it is this variety of thought, approach and perspective which brings such vitality to our debates.
What you'll need
The programme is open to undergraduate and postgraduate students in their penultimate year of study. Please note that you must have ABB in your top three A-levels (excluding general studies), and a minimum predicted or obtained 2.1 university degree classification (or equivalent if you studied outside the UK).
