Credit Crisis 2008: WikiJob is unable to verify any of the information on pages relating to Merrill Lynch of Lehman Brothers because of the unprecedented financial events of 2008. We will edit these pages as and when we have further information.
Lehman Brothers hire over 400 graduates each year. Like most investment banks, there are two main graduate roles you can apply for at the firm:
Both programmes last approximately 2-3 years depending on your progress, and your progress and contract, and your employment will be reviewed at the end of your contract.
Generally speaking associate roles are more competitive than analyst roles, and those applying for associate roles will possess higher qualifications.
Each year, Lehman Brothers recruits 100-350 graduates a year to its London office, depending on market conditions.
Analyst Opportunities
[Edit]- Capital Markets
- Investment Banking
- Investment Management
- Corporate Advisory (Legal, Compliance and Audit)
- Finance
- Credit Risk Management
- Information Technology
- Operations
- Corporate Generalist Program
Associate Opportunities
[Edit]Associates can choose to specialise in one of the following roles:
Academic Requirements
[Edit]Candidates can apply with a 2.1 in any subject, however a first class degree in a strongly quantitative subject such as math or physics would be particularly advantageous.
Lehman Brothers offer special positions to those with a strongly quantitative PhD.

