Lazard First Round Interviews

You understand how a DCF model works, can calculate a leveraged buyout, and know how to estimate company values using multiples – but theory alone isn’t enough in an interview. The next step in your preparation should be to practice applying your knowledge in real interview situations.When you practice with peers, you can simulate typical interview scenarios. You'll learn how to answer technical questions confidently, manage time pressure, and respond effectively to follow-up questions. Over time, this helps you build a strong presence and get used to expressing your thoughts clearly and in a structured way.You’ll also benefit from valuable feedback from other peers who are preparing just as seriously. They often spot areas for improvement – such as your answer structure, argumentation, or language clarity.And it's not just about practicing as a candidate. When you take on the role of the interviewer or observe others, you sharpen your sense for clear communication, analytical thinking, and common response patterns. This also enhances your own performance in interviews. How to Simulate a Realistic Interview SettingThe best way to prepare for a finance interview is to simulate the conversation as realistically as possible. In real interviews, you often have just 30 to 45 minutes to impress both technically and personally. To prepare for this, your practice sessions should closely mirror the typical flow of an actual interview.A realistic mock interview begins with a short introduction and a common opening question like “Tell me about yourself” or “Why do you want to work in investment banking?” This is followed by technical questions, such as on valuation methods, balance sheet relationships, or capital structures. The person acting as the interviewer should ask follow-ups, react spontaneously, and vary the level of difficulty.👉 We’ve selected a few question sets from our Case Library that’ll help you master the technical part of the interview.

With this guide, you can thoroughly prepare for your interview at JPMorgan Chase!