Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, Gleacher
Discussion on investment and retail banking, equities, trading, derivatives, consultancy.
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, GleacherLazard is like a developed world sweat shop.(Original post by ibdprincess)
Lazard may be very good, but I have heard that the culture is very tough and conservative. Apparently there is not much teamwork. So not sure if I would like to work there
I have heard/read positive things about Rothschild's and Houlihan Lokey's culture though. Does anyone know anything about the culture at Gleacher and Greenhill?
Rothschild is full of posh ***** from the top private schools.
Greenhill have a nice top heavy structure, but still appear to be quite posh to me.
I have no experience of HL or Gleacher. -
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, GleacherDon't know about Gleacher's culture in terms of personalities etc. but it is apparently very refined. Heavy Oxbridge-slant, situated a couple of blocks away from Pall Mall and all the clubs. That sort of thing.
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, GleacherI have a first round with Cornell later this week for GHL. Would really appreciate any input from others on their process.
Aside from the generic why M&A advisory, why GHL blah blah what should I expect from them?
Is it fair to assume that the numerical test will NOT be SHL and rather more taxing? -
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, GleacherI withdrew due to accepting another offer, but expect a very technical interview. Make sure you can value a company; they do that all the day in M&A so if you don't know what DCF, or CCA are, then you won't get very far with a boutique.(Original post by guiche)
I have a first round with Cornell later this week for GHL. Would really appreciate any input from others on their process.
Aside from the generic why M&A advisory, why GHL blah blah what should I expect from them?
Is it fair to assume that the numerical test will NOT be SHL and rather more taxing? -
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, GleacherComparative Company Analysis; http://www.ehow.com/way_5313708_comp...-analysis.html
Also look at comparative deal analysis. -
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, GleacherDoubt you would be asked to actually work one out, even for graduate roles at boutiques (unless prior experience shows you have done one or you tell them you have done a DCF). You would just need to talk about how it is all done with WACC, NPV, time value of money, risk premium etc; not too much detail, but have an idea and be able to say how without numbers etc. I don't know any more than this anyway.(Original post by Bloodbath)
Should I be able to go through a whole DCF analysis? Like working out discount weights using different methods eg. WACC? -
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, GleacherHey guys, I had interviews with Houlihan as well as Rothschild, have never heard about Gleacher though. At Houlihan people were very friendly and welcoming, though they seemed quite ambitious. Most people were from top schools from the US and Europe: Wharton, Harvard, Princeton, Yale, LSE, LBS, HEC and INSEAD from what I can recall. Their office was very posh and luxurious, located at Pall Mall. However, the Rothschild premises where equally nice. At Rothschild, as someone else noted, I also got the impression that they were rather conservative and reserved (though some of them were friendly, so it might be only the ones I got to meet). At Rothschild most came from top European Unis (mostly from Oxbridge, Warwick and Imperial). Concerning the interview process itself, I was asked many behavioral questions (teamwork, persuasion, problem solving) as well as technical questions. Concerning the technical questions, be prepared to talk about valuing a company, the different methods to do this (know the multiples), the functions of a financial statement etc. Houlihan asked more technical questions than Rothschild, but since they are a reputable house for financial valuations and analysis, this is quite understandable. Also, be prepared to talk about your degree. Read the Vault Guide. Best of luck
Last edited by nitestar; 17-01-2012 at 16:40. -
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, GleacherDid you interviewed with HL for the 2012 Summer programme? If yes do you know at which stage are they now in the recruitment process?(Original post by nitestar)
Hey guys, I had interviews with Houlihan as well as Rothschild, have never heard about Gleacher though. At Houlihan people were very friendly and welcoming, though they seemed quite ambitious. Most people were from top schools from the US and Europe: Wharton, Harvard, Princeton, Yale, LSE, LBS, HEC and INSEAD from what I can recall. Their office was very posh and luxurious, located at Pall Mall. However, the Rothschild premises where equally nice. At Rothschild, as someone else noted, I also got the impression that they were rather conservative and reserved (though some of them were friendly, so it might be only the ones I got to meet). At Rothschild most came from top European Unis (mostly from Oxbridge, Warwick and Imperial). Concerning the interview process itself, I was asked many behavioral questions (teamwork, persuasion, problem solving) as well as technical questions. Concerning the technical questions, be prepared to talk about valuing a company, the different methods to do this (know the multiples), the functions of a financial statement etc. Houlihan asked more technical questions than Rothschild, but since they are a reputable house for financial valuations and analysis, this is quite understandable. Also, be prepared to talk about your degree. Read the Vault Guide. Best of luck
Thanks for sharing this anyway! -
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, GleacherHi there. What do you mean with top heavy structure?(Original post by Industrious Orca)
Greenhill have a nice top heavy structure, but still appear to be quite posh to me.
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, GleacherMeans that they have a large proportion of their staff at senior levels, with fewer people at the junior levels.(Original post by ibdprincess)
Hi there. What do you mean with top heavy structure? -
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, GleacherOr could u confirm that you have heard nothing as yet?(Original post by Bloodbath)
Anyone heard anything for Gleacher post phone interview yet? -
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Re: Summer Analyst M&A at Lazard, Houlihan Lokey, Greenhill, Rothschild, Gleacheri dunno on their website theyre still recruiting for positions starting this summer, although i may have found something to what this thread is about, if so apolgies(Original post by islami1991)
Got rejected a while back, pretty sure they've finished up their recruitment now.
