2027 Emerging Markets Equity Research Summer Internship

About the role

Lazard’s undergraduate internship provides first‑hand experience in investment management with exposure to equity research, focusing on emerging markets. The 10‑week, hands‑on program is designed for students interested in a career in equity research. Interns work directly with investment professionals on real investment problems, receive mentorship, and have access to industry veterans and thought leaders. The experience combines the collegiality of a small team with the resources of a world‑class firm, sharpening technical, analytical, and interpersonal skills.

Responsibilities

• Work closely with investment management professionals to understand the industry and support ongoing projects.
• Perform corporate analysis on current and prospective holdings.
• Participate in company meetings/calls and attend industry conferences.
• Prepare a final pitch presentation to deliver to Lazard’s senior management team.

Eligibility Criteria

• Open to rising undergraduate seniors only; must be graduating in 2028.
• Ability to start the internship on June 7 2027 and end on August 13 2027.
• Ability to be in New York City for the duration of the internship.
• Authorization to work in the United States without visa sponsorship.

Qualifications

• Consistent academic achievement and relevant prior work experience.
• Exceptional analytical and communication skills; ability to distill complex concepts clearly and efficiently.
• Prior experience in equity research (e.g., university’s student‑managed investment fund or previous internship).
• Financial modeling skills, including basic income‑statement, balance‑sheet, and cash‑flow modeling.
• Experience with quantitative and fundamental research methods.
• Curiosity and initiative to develop original ideas.
• Familiarity or experience with generative AI tools (e.g., ChatGPT, Copilot, Claude, or similar).

Compensation

Pro‑rated base annual salary of $90,000.

Diversity & Inclusion

Lazard is committed to attracting, developing, and retaining talent from a wide array of backgrounds, experiences, and perspectives. The firm believes a multicultural workforce creates richer ideas, fosters creative problem‑solving, and leads to better decisions for its global clientele.