Lazard Capital Markets, Retail Research Intern, Application Deadline, BTT Gateway Job ID 7417
Fri, August 22, 2014
If you love to be in the malls, this is the perfect internship for you.
Responsible for providing critical merchandising analysis, in addition to recording promotional posture, monitoring inventory levels, and reporting mall traffic patterns. We are looking for students to go to the mall to review specialty apparel retailers and report their findings (sales trends, traffic trends, inventory positions, promotional activity, etc.) back to us. Intern’s findings will be used in our proprietary research that provides detailed and unbiased investment advice of consumer/apparel driven publicly traded companies for institutional investors. Our internship program will help participants become acclimated with analyzing a retailers fashion hits, misses and risks while monitoring leading sales indicators. We will work with interns so they can learn about equity research and see how the information they provide us is used in our investment decision making process. Interns are able to receive our research data.
Hours: Hours are flexible; however, our interns will be compensated based on the amount of time and effort spent in stores. Students will be paid $10 per store write-up with some exceptions. We prefer interns to go to the stores over the weekend, when malls are the busiest to observe shopping preferences and behaviors. Students are invited to submit as many reports (one per store per weekend) as they can comfortably complete (most do 5-10 per mall visit).
Requirements: Interns must be able to articulate their weekly findings (we require write-ups in a supplied format). Prior retail experience is a plus, and certainly an interest in retail is a necessity. All applicants must be US citizens.
Contact: Please send resumes and cover letter in Word or pdf format to email@example.com. Each resume received will receive a personal reply.
About Lazard Capital Markets. Lazard Capital Markets was formed in 2005 concurrent with the recapitalization of the Lazard Group to continue all of the capital markets activities formerly conducted by Lazard Freres & Co. LLC. We provide equity, fixed income and convertibles sales and trading, research and underwriting services. Our trusted relationships with leading institutional investors, including mutual funds, hedge funds, pension managers, government agencies, banks and insurance companies, have been earned over decades of service.
Research- Our industry-focused professionals strive to identify the emerging themes and trends that drive the outlook for their sectors and then rigorously apply their insights to determine how they may affect the financial results of the companies in their coverage universe. In-depth financial modeling is grounded in disciplined analysis concerning products, services, markets and competition-including extensive primary survey-based research. We strive to anticipate crucial investment controversies and communicate our fundamental perspectives on a timely basis to sophisticated investors. Our research is broadly recognized not only for its intelligence and thoroughness, but also for its clarity and focus on achieving absolute objectivity.
To apply, see BTT Gateway Job ID 7417. Application deadline is 8/22/2014.