Firm
Lazard interview questions
Superday Room's question bank has 88 questions that candidates reported from Lazard interviews, from recruiting for summer analyst classes of 2025 to 2027. 23% of them are behavioral; the technical questions are led by market knowledge (9), accounting (8) and DCFs (8).
What do Lazard interviews cover?
Market knowledge leads the technical questions candidates reported from Lazard interviews (9 of 88), and 23% of all of them were behavioral. By topic:
| Topic | Questions | Share |
|---|---|---|
| Behavioral | 20 | 23% |
| Market knowledge | 9 | 10% |
| Accounting | 8 | 9% |
| DCF | 8 | 9% |
| Enterprise and equity value | 7 | 8% |
| Valuation | 7 | 8% |
| Merger models (M&A) | 7 | 8% |
| Other topics | 22 | 25% |
Where candidates named the round, they reported 12 from superdays, 24 from first rounds and 4 from second rounds. The rest didn't say.
What questions have candidates reported from Lazard interviews?
Three of the 88, each labeled with the round when the candidate named it:
- What has a greater impact on equity value: using $1 to pay down debt, or a $1 increase in EBITDA? First round · SA 2025
- When valuing an apple tree using a DCF, would you prefer to use the Gordon Growth Model or the Exit Multiple Method for the terminal value, and why?
- What skills would make you succeed as an analyst?
Practice all 88 out loud in Superday Room, with an answer key for each: they're part of the Recruiting Season Pass. See Lazard's questions in the app →
What does Lazard ask at the superday?
Candidates reported 12 of the 88 questions from Lazard superdays, the final round. The most common topics among them: healthcare group (4), merger models (M&A) (2) and market knowledge (2). What happens at a superday →
When does Lazard recruit?
Extern expects Lazard to open summer 2028 applications around December 2026 (a projection from the previous cycle, as of October 9, 2026). The full 2026–27 timeline →
Most banks start with a first round, often a recorded video interview, before the superday: see HireVue interviews and what a superday is.
How should you prepare for Lazard interviews?
Start with the topics that come up most in Lazard's reported questions. Each link has free questions with short answers:
Superday Room isn't affiliated with Lazard or any bank. These questions were reported by candidates after their interviews; Lazard hasn't reviewed or confirmed them. Firm names are used only to say where questions were reported.
Frequently asked questions
- What does Lazard ask in investment banking interviews?
- Superday Room's question bank has 88 questions that candidates reported from Lazard interviews, from recruiting for summer analyst classes of 2025 to 2027. 23% of them are behavioral; the technical questions are led by market knowledge (9), accounting (8) and DCFs (8).
Sources
- Superday Room, “Superday Room question bank: questions tagged by the firm and interview round candidates reported”, counted October 29, 2026.
- Extern, “Investment Banking Internships 2028: Which Banks Are Hiring and When to Apply”, updated October 9, 2026.