Becoming am Summer Analyst/Analyst

<p><a href="http://www.lazard.com/careers/FA-NA-UG.html%5B/url%5D"&gt;http://www.lazard.com/careers/FA-NA-UG.html&lt;/a&gt;&lt;/p>

<p>Theres a list of some schools that Lazard recruit's at..and like most I-Banks they recruit at top tier universities. My college SIU - Edwardsville doesn't get recruited at all by any investment banks.</p>

<p>During my junior year I was thinking about going to the Career fairs at Northwestern and Chicago since no investment banks recruit at my school and Chicago is not that far away. One guy I talked to said...</p>

<p>"Major I-Banks should be at chicago, and northwestern, you gotta whore yourself out so you can figure out the dates of ibanking fourms and career fairs. If you go to a non target school, you must get a 3.8+ gpa in your business major in order to be competitive." </p>

<p>and another guy said...</p>

<p>"My advice to you is, if you are graduated from college and are working already NOT as an ibanker then you will have no chance of becomming an analyst at a firm, unless you work for a great corp development firm or a top consulting firm. If you are in college, use your connections, or visit top schools during there career fairs and hand out your resumes there."</p>

<p>Is this my only way I can break into investment banking?</p>

<p>Interesting link. An additional question for anyone who would know: why does Lazard not recruit at several of the top schools, such as Williams, Amherst, Dartmouth, Cornell, Brown, etc. ?</p>

<p>Lazard is one of the toughest i-banks to get into, so at the undergrad level, you should forget about it. Some make it, but it's rare. They want experienced professionals. I don't think you should have been aiming for Lazard. It's even tough for schools it recruits at.</p>

<p>If you want to break into i-banking in general (if Lazard was just an example), the least you could do is get a high GPA. Then again, the way they recruit can be unpredictable. Top candidates with stellar grades get rejected, too.</p>

<p>Grades are useful for one thing: getting into the door. The rest is all your other factors. Believe it or not grades are NOT an indication of whether you will succeed in business or not. Firms use grades to do their initial screening. After that its all up to the individual to ace the interview and have solid work experience and other extra academic factors.
Lazard takes undergrads. Percentage wise its the same amount as other Ibanks. However, as they are a small ibank they take smaller number of people. They are just as high demand as Morgan or Goldman. As they take a small amount of individuals they more or less focus on Wharton and Harvard like the other small firms like Blackstone, Greenhill.</p>

<p>How hard is the interview? I was planning on getting books on interviews and going over a broad range of questions that would be asked.</p>

<p>send me an email. Ill send you the vault guide to finance interviews. As a matter of fact Ill pitch in two more vault guides one for ibanking and one for S&T. Got them like seven months back so I need to search for them lol.</p>

<p>only 17 schools? holy moly</p>

<p>lazard usually hires around 7-10 wharton undergrads / year.</p>

<p>go here: <a href="http://www.lazard.com/careers/FA-NA-MBA.html%5B/url%5D"&gt;http://www.lazard.com/careers/FA-NA-MBA.html&lt;/a&gt;&lt;/p>

<p>how come lazard doesn't even go to UMichigan's graduate school of buisness?</p>

<p>Why don't they go to NYU Stern? At least for undergrad, come on....</p>

<p>I wonder why I-Banks go to Howard University :rolleyes:</p>

<p>diversity........</p>

<p>Diversity is the key now a days. Ibanking firms do not have enough minorities, African Americans in particular, so they set up programs for recruit African Americans.</p>

<p>Diversity is a ******** liberal concept (like most of them). I thought it would end at college admissions... but now its in the job market.</p>

<p>Its actually a very important issue. I wouldnt want to work in a firm full of caucasian people. And without diversity inducing programs the business world would be the same as it was half a century ago: full of WASPs.</p>

<p>Alot of Caucasians are not WASPs. Thats a white person of Anglo-Saxon ancestry who belongs to a Protestant denomination. I'm from Bavaria and I'm Catholic. I don't think they should base anything on race at all; that should be completly removed from the form because thats discrimination itself. They should just take the best only, and if the best is all Caucasians and Asians then so be it.</p>

<p>Who said Caucasians and Asians are the best. The fact of the matter is a lot of hispanics and blacks did not get benefits the Whites and the Asians have recieved. It is up to us to make a difference and to reduce this gap between races. We cannot say that Whites and Asians are "best" and not care about other races. Thats downright ignorant and shows lowly principles.
For the record, I am an Asian Indian who moved to the US in 2002.</p>

<p>I'm not quite sure what an Asian Indian is, Indo-Aryan you mean? I don't think its white/asian peoples fault that blacks and hispanics didn't get any so called "benefits". I didn't say they are the "best" race. I'm saying they get the job done and have the highest grades/testing scores. You shouldn't discrimate against them for something good in the business world. Just because you don't want to be surrounded by them, doesn't mean you should not hire/get rid of them so you can promote diversity. Thats ignorant.</p>

<p>Yes I am Indo Aryan technically speaking.
And no as human beings in society it is our responsibility to bring progress to other members of our society. Without that it would be madness and chaos. We live in a symbiotic world where mutual cooperation is a necessity for survival. And we may or may not be the cause for the lack of progression among hispanics and the blacks in this nation. Arguments can be made both ways.</p>

<p>Well it seems that Tpeck is not one for diversity in the work place. But too bad thats what Goldman Sachs and the rest of them want...and their the ones that count in the game of investment banking</p>