Lazard is one of the world’s preeminent financial advisory and asset management firms. Our people and culture make the difference. While global in presence and reach, ours is a close, collaborative community of just over 3,000 professionals. Lazard is a place of continuous knowledge sharing, skill development and relationship building, where professionals grow and succeed together. Our entrepreneurial culture, flat structure and embrace of individual differences, allow creative ideas, original concepts, and unique perspectives to drive our business forward — and for careers to take flight.
The Quantitative Research Team at Lazard Asset Management applied advanced statistical and computational techniques to address real-world investment challenges. We combine cutting-edge quantitative methods with deep market insights to drive better investment outcomes for clients.
Our hands-on, 10-week internship is designed for students who are interested in pursuing a career in quantitative research. You will work directly with the investment professionals on real investment problems where your contributions have measurable impact from day one. You'll be paired with a dedicated mentor invested in your growth, while gaining direct access to industry veterans and thought leaders who bring decades of market experience to share. As part of a close-knit team embedded within a global organization, you'll enjoy the best of both worlds: the collegiality and hands-on exposure of a small group, back by the resources and reach of a world-class firm. It's an environment built to sharpen the technical, analytical, and interpersonal skills that form the foundation of lasting career in finance or quantitative research.
Eligibility Criteria
- This program is open to rising undergraduate juniors only. You must be graduating in 2029!
- Ability to start an internship June 7, 2027, and end August 13, 2027
- Ability to be in NYC for the duration of the internship
- Authorization to work in the United States without visa sponsorship
We’ll trust you to:
- Develop and enhance quantitative models to support investment decisions.
- Analyze large datasets to uncover actionable insights.
- Collaborate with portfolio managers, researchers, and developers to solve complex investment problems.
- Present findings and recommendations to team members and stakeholders.
You'll need to have:
- Highly motivated students with strong quantitative and analytical skills who are excited to apply their expertise to finance.
- Familiarity with Machine Learning algorithms and NLP techniques.
- Undergraduate students majoring in mathematics, statistics, physics, electrical engineering, computer science, economics, or related fields.
- Excellent logical reasoning and problem-solving capabilities.
- Experience with programming, especially in Python, for data processing and analysis.
- Strong foundation in statistics and data analysis.
- Ability to work effectively in a fast-paced, collaborative environment.
- Strong communication skills including the ability to present complex concepts clearly.
- Intellectual curiosity and eagerness to learn.
- Passion for quantitative research and financial markets.
- Familiarity or experience with generative AI tools (e.g. ChatGPT, Copilot, Claude, or similar)
Note, we will review applications on a rolling basis.
If this sounds like you, apply and a member of our recruitment team will be in touch!
Representation at Lazard
Lazard is an intellectual capital business committed to delivering the best advice and solutions to clients. To achieve these objectives, we focus on attracting, developing and retaining the best talent. We believe that a workforce comprised of people who represent a wide array of backgrounds, experiences and perspectives creates a rich variety of thought that empowers us to challenge conventional wisdom, solve problems creatively and make better decisions.
Lazard was built on the premise that a multicultural firm can best serve a global clientele. As a global firm that has grown organically from local roots in different countries, we have a deep tradition of respecting and appreciating individual differences. Doing so has been core to our success for over 175 years. We are committed to sustaining an environment where every colleague is supported in their professional pursuits, can maximize their individual potential and contribute to our collective success.
Compensation: Pro-rated base annual salary of $90,000
#LAM
#LI-AK1
Skills Required
- Be a rising undergraduate junior graduating in 2029
- Be available from June 7, 2027 through August 13, 2027
- Be able to work in New York City for the full internship
- Be authorized to work in the United States without visa sponsorship
- Major in mathematics, statistics, physics, electrical engineering, computer science, economics, or a related field
- Demonstrate strong quantitative, analytical, logical reasoning, and problem-solving skills
- Have familiarity with machine learning algorithms and NLP techniques
- Have programming experience, especially in Python, for data processing and analysis
- Have a strong foundation in statistics and data analysis
- Communicate effectively and present complex concepts clearly
- Work effectively in a fast-paced, collaborative environment
- Show passion for quantitative research and financial markets
- Have familiarity or experience with generative AI tools such as ChatGPT, Copilot, or Claude
Lazard Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Lazard and has not been reviewed or approved by Lazard.
-
Fair & Transparent Compensation — Pay is considered competitive for the industry, with total compensation bolstered by meaningful bonuses in revenue‑generating roles. Feedback suggests many view base pay as fair for the role.
-
Healthcare Strength — Medical coverage includes low‑deductible plan options, HSA funding, and coverage for IVF and Lasik. Dental and vision include orthodontia with allowances for eyeglasses or contacts.
-
Parental & Family Support — Fully paid parental leave, substantial adoption/surrogacy reimbursement, and fertility and family‑building benefits are offered. Backup care, lactation support, and related programs extend support for parents and caregivers.
Lazard Insights
What We Do
Lazard, one of the world's preeminent financial advisory and asset management firms, operates from more than 40 cities across 25 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. For more information on Lazard, please visit www.lazard.com. Follow us at @Lazard. Social Media Disclosure: https://www.lazard.com/social-media-disclosure/
