INTERVIEW QUESTION: Lazard, 6 month internship, M&A
Question:
Why not management consulting?
Answer:
Because I like finance and I want to see the outcome of my work.
Question:
You have a big cube made up of 10 small cubes. You want to paint the "outer crust". How many cubes do you paint?
Answer:
10^3 - 8^3
Question:
Can you draw me a balance sheet?
Answer:
I put the main elements (PP&E, Cash, Working cap, Eq, Minority interest and Debt) but he was hoping for something more specific.
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We cannot guarantee the authenticity of these questions nor the accuracy of these answers: they are what one candidate claims to have been asked by Lazard and have not been verified by the bank.