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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.

To return to the list of questions, click here.

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.

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AUTHORSarah Butcher Global Editor

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The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.