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The Investment Banking Cover Letter Template You’ve Been Waiting For

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bank analyst cover letter

A long time ago I said that we would never post a cover letter template here :

“I was tempted to post a Word template, but I don’t want 5,000 daily visitors to copy it and to start using the same exact cover letter.”

But hey, we already have resume templates that everyone is using, so why not go a step further and give you a cover letter template as well?

Plus, “investment banking cover letter” is one of the top 10 search terms visitors use to find this site – so you must be looking for a template.

The Template & Tutorial

Let’s jump right in:

Investment Banking Cover Letter Template [Download]

Download Template – Word

Download Template – PDF

Investment Banking Cover Letter Template

And here’s the video that explains everything:

(For more free training and financial modeling videos, subscribe to our YouTube channel .)

And if you’d rather read, here’s the text version:

Do Cover Letters Actually Matter?

At bulge bracket banks, people barely read cover letters.

Cover letters matter 10x less than resumes and 100x less than networking.

But there are a few special cases where they’re more important:

  • Boutiques and Local Banks – Sometimes they actually read cover letters.
  • Unusual Backgrounds – If you’re NOT in university or business school at the moment, you may need to explain yourself in more detail.
  • Outside the US – In Europe, for example, some banks pay more attention to cover letters, online applications, and so on.

Similar to grades and test scores, a great cover letter won’t set you apart but a poor one will hurt you – so let’s find out how to avoid that.

Keep your cover letter compact and avoid 0.1″ margins and size 8 font.

With resumes you can get away with shrinking the font sizes and margins if you really need to fit in extra information, but this is questionable with cover letters.

Go for 0.75″ or 1″ margins and at least size 10 font.

With resumes there were a couple different templates depending on your level – but with cover letters that’s not necessary and you can use the same template no matter your background.

1 Page Only

Ok, maybe they do things differently in Australia (just like with resumes) but aside from that there is no reason to write a multi-page cover letter.

If you actually have enough experience to warrant multiple pages, do it on your resume instead and keep the cover letter brief.

Contact Information

List your own information – name, address, phone number, and email address – right-aligned up at the top.

Then, below that you list the date and the name and contact information for the person you’re writing to, left-aligned on the page.

If you don’t have this information you can just list the company name and address and use a “Dear Sir or Madam” greeting.

That’s not ideal – especially if you’re applying to smaller firms where cover letters actually get read – but it’s all you can do if you can’t find a person’s name.

If you’re sending the cover letter via email as the body of the email, you can omit all this information and just include the greeting at the top.

Paragraph 1: Introduction

This is where you explain who you are, where you’re currently working or studying, and how you found the bank that you’re applying to.

Name-drop as much as possible:

  • Impressive-sounding university or business school ? Mention it. Even if it’s not well-known, you still need to mention it here.
  • Your company name , especially if it’s recognizable, and the group you’re working in, especially if it’s something relevant to finance like business development.
  • How you found them – specific peoples’ names , specific presentations or information sessions where you met them, and so on.
  • The position you’re applying for (Analyst? Associate?) – especially for smaller places that are not well-organized.

This first paragraph is all about grabbing their attention.

Example 1st Paragraph:

“My name is John Smith and I am currently a 3rd year economics major at UCLA. I recently met Fred Jackson from the M&A group at Goldman Stanley during a presentation at our school last week, and was impressed with what I learned of your culture and recent deal flow. I am interested in pursuing an investment banking summer analyst position at your firm, and have enclosed my resume and background information below.”

Paragraph 2: Your Background

You go through your most relevant experience and how the skills you gained will make you a good banker right here.

Do not list all 12 internships or all 5 full-time jobs you’ve had – focus on the most relevant 1-2, once again name-dropping where appropriate (bulge bracket banks / large PE firms / Fortune 500 companies).

Highlight the usual skills that bankers want to see – teamwork, leadership, analytical ability, financial modeling and so on.

If you worked on a high-impact project / deal / client, you can point that out and list the results as well.

This may be your longest paragraph, but you still don’t want to write War and Peace – keep it to 3-4 sentences.

Example 2nd Paragraph:

“I have previously completed internships in accounting at PricewaterhouseCoopers and in wealth management at UBS. Through this experience working directly with clients, analyzing financial statements, and making investment recommendations, I have developed leadership and analytical skills and honed my knowledge of accounting and finance. I also had the opportunity to work with a $20M net-worth client at UBS and completely revamped his portfolio, resulting in a 20% return last year.”

Paragraph 3: Why You’re a Good Fit

Now you turn around and link your experience and skills to the position more directly and explain that leadership + quantitative skills + accounting/finance knowledge = success.

There is not much to this part – just copy the template and fill in the blanks.

Example 3rd Paragraph:

“Given my background in accounting and wealth management and my leadership and analytical skills, I am a particularly good fit for the investment banking summer analyst position at your firm. I am impressed by your track record of clients and transactions at Goldman Stanley and the significant responsibilities given to analysts, and I look forward to joining and contributing to your firm.”

Paragraph 4: Conclusion

This part’s even easier: remind them that your resume is enclosed (or attached if sent via email), thank them for their time, and give your contact information once again so they don’t have to scroll to the top to get it.

Example 4th Paragraph:

“A copy of my resume is enclosed for your reference. I would welcome an opportunity to discuss my qualifications with you and learn more about Goldman Stanley at your earliest convenience. I can be reached at 310-555-1234 or via email at [email protected]. Thank you very much for your time and consideration.”

Unusual Backgrounds

These examples cover how to apply to a bank if you’re in university, business school, or you’ve been working for several years.

If you have a more unusual background (e.g. you went to med school, graduated, started your residency, but then decided you wanted to be an investment banker), then you might need to add a few sentences to paragraph #2 or #3 explaining yourself.

Resist the urge to write your life story because no one will read it – interviews are a much better venue to prove how committed you are.

Email vs. Attachments

If you’re emailing your cover letter and resume, do you create a separate cover letter attachment?

Or do you make the body of your email the cover letter?

I think it’s redundant to create a separate cover letter and attach it, so don’t bother unless they ask specifically for a separate cover letter.

If you’re making the body of your email the cover letter, make it even shorter (4-5 sentences total) and cut out the address bits at the top.

Optional Cover Letters?

If you’re applying online and it says “Optional Cover Letter” should you still upload one?

You might as well because it takes 2 minutes once you have a good template – it’s not the end of the world if you don’t include one, but you never know what everyone else is doing and it’s not terribly time-consuming.

Cover Letter Mistakes

Remember the role of cover letters: great ones don’t help much, but poor ones get you dinged.

The biggest mistakes with cover letters:

  • Making outrageous claims (“I’m a math genius!”) or trying to be “creative” with colors, pictures, fonts, and so on.
  • Going on for too long – 10 paragraphs or multiple pages.
  • Listing irrelevant information like your favorite ice cream, your favorite quotes from Wall Street or Boiler Room , and so on.

If you think this sounds ridiculous, remember the golden rule: do not overestimate the competition .

For every person reading this site, there are dozens more asking, “What it’s like to be an investment banker?” at information sessions.

Sometimes you hear stories of people who write “impassioned” cover letters, win the attention of a boutique, and get in like that …

…And I’m sure that happens, but you do not want to do that at large banks.

If you do, your cover letter will be forwarded to the entire world and your “career” will be destroyed in 5 minutes .

More Examples

As with resumes, there are hardly any good examples of investment banking cover letters online.

Most of the templates are horribly formatted and are more appropriate for equities in Dallas than real investment banking.

Here’s a slightly different but also good templates you could use:

  • Best Cover Letters – MBA Template

More questions? Ask away.

Still Need More Help?

Introducing: premium investment banking-specific resume/cv and cover letter editing services.

We will take your existing resume and transform it into a resume that grabs the attention of finance industry professionals and presents you and your experience in the best possible light.

When we’re done, your resume will grab bankers by the lapels and not let them go until they’ve given you an interview.

Specifically, here’s what you’ll get:

  • Detailed, line-by-line editing of your resume/CV – Everything that needs to be changed will be changed. No detail is ignored.
  • Your experience will be “bankified” regardless of whether you’ve been a student, a researcher, a marketer, a financier, a lawyer, an accountant, or anything else.
  • Optimal structuring – You’ll learn where everything from Education to Work Experience to Activities should go. Regional badminton champion? Stamp collector? You’ll find out where those should go, too.
  • The 3-point structure to use for all your “Work Experience” entries: simple, but highly effective at getting the attention of bankers.
  • How to spin non-finance experience into sounding like you’ve been investing your own portfolio since age 12.
  • How to make business-related experience, such as consulting, law, and accounting, sounds like “deal work.”
  • How to avoid the fatal resume mistake that gets you automatically rejected . Nothing hurts more than making a simple oversight that gets you an immediate “ding”.
  • We only work with a limited number of clients each month. In fact, we purposely turn down potential clients in cases where we cannot add much value. We prefer quality over quantity, and we always want to ensure that we can work well together first.

FIND OUT MORE

Other Options for Personalized Help: Wall Street Mastermind

Finally, if you want to go  beyond your cover letter and also get help with your resume, work experience, networking, and interview prep, check out Wall Street Mastermind .

They’ve worked with over 1,000 students to help them secure high-paying investment banking jobs out of school (and internships while in school), and their coaches include a former Global Head of Recruiting at three different large banks.

They provide personalized, hands-on guidance through the entire networking and interview process – and they have a great track record of results for their clients.

It could be a great fit for you if you’re looking for comprehensive coaching through the entire process rather than just a new version of your resume or cover letter.

You can book a free consultation with them to learn more .

bank analyst cover letter

About the Author

Brian DeChesare is the Founder of Mergers & Inquisitions and Breaking Into Wall Street . In his spare time, he enjoys lifting weights, running, traveling, obsessively watching TV shows, and defeating Sauron.

Free Exclusive Report: 57-page guide with the action plan you need to break into investment banking - how to tell your story, network, craft a winning resume, and dominate your interviews

Read below or Add a comment

279 thoughts on “ The Investment Banking Cover Letter Template You’ve Been Waiting For ”

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I love how hand downs and direct this page is. Trying to break into IB come from a (semi-)target school but very bad GPA, love how you are always motivating, but realistic. Keep it up!

bank analyst cover letter

I am a sophomore and have a low gpa (2.5) should I include this on my cover letter? how do I stand out and not get dinged, low gpa because had to work full time freshman year because my dad lost his job, and my family had health issues. Am an only child.

All you can really do about a low GPA is network extensively so that people who know you can recommend you, and so you can avoid being filtered out by screening tools. See: https://mergersandinquisitions.com/low-gpa-investment-banking/

Maybe include a brief mention of why your GPA is lower in your cover letter, but focus on how you’ve improved since your first year (mention the higher GPA since then).

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Thanks for the write up!

If i am writing my cover letter in the body of the email, Do i write the name of the recipient instead of dear Madam ?

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I like it not bad

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Hey Brian – thanks for this article. Quick question: is there a certain point in your career (in my case, I’m an associate) when you can stop with the cover letters even if they give you the option?

Cover letters are pretty much always optional unless they ask for one.

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I was wondering for your template, you gave a solid and formal introduction. I also see other career advice sites that recommend making the cover letter “memorable” and straying away from the cookie cutter method with more flashy intros. As an example just from another online source: When I was seven, I wanted to be the GEICO gecko when I grew up. I eventually realized that wasn’t an option, but you can imagine my excitement when I came across the events manager position, which would have me working side by side with my favorite company mascot. So what’s your opinion on this? I’m sure it’s different for every field, so would you say the average investment banker appreciates something like this, or would it just make them roll their eyes and make you seem too keen/tryhard.

Same Andrew again…

Sorry I should’ve watched your video fully before asking. But you mentioned to not get too fancy with fonts, photos, etc. But would the bit of personal information outside the cookie cutter approach separate you in the slightest? To me, cover letters sound like they have the same purpose as GPA. A 4.0 (good but generic cover letter) won’t give you any advantages, but a 2.5 (poorly done letter) will eliminate you from the application process.

Yes, cover letters are basically used to weed out people, not to select them. You can include some personal information such as an interesting student group, study abroad, or experience that led you to IB, but don’t go overboard with trying to appear “interesting.” Save that for actual networking and interviews.

If you are applying to traditional “high finance” roles such as investment banking, private equity, etc., you should not do anything creative with your cover letter. It will only backfire. Firms either do not read cover letters, or if they do, they simply look at them to make sure you didn’t do something silly or inappropriate. You’re taking a very big risk by writing a “creative” cover letter, and one that has very little upside with tons of downside.

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For online applications that request your resume, but do not specify whether a cover letter should be included, should I submit a cover letter? Also since you can only submit one document in these cases, should you compile resume and cover letter into one document?

Thanks so much.

If they just request your resume, just include your resume. I would not even bother with a cover letter or combining them into one document.

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Do we have to leave

“Enclosure: Resume”

At the bottom of the Cover Letter? Many thanks

*In Online Application where they ask you to attach your CV and Cover Letter – if that makes any difference

Brina, many thanks for the quick answer. Just a last question:

Shall we sign between sincerely and our name or under our name?Both options are good?

Alternative A:

(Signature)

Alternative B:

The first one is slightly better.

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I just wanted to thank you for not only this Cover Letter template but also your Resume template. I have used both and I have received great feedback from interviewers and getting my foot in the door for asset management.

Thanks! Glad to hear it. Good luck!

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This question targets the paragraph listing relevant experiences & skills gained through it.

As a University Student with some corporate finance and consulting experience but nothing directly related to investment banking, do you think it would be relevant to list explain skills gained during university classes (e.g. a term project that simulated the entire M&A process based on a real life deal) that involved valuation, simulated investor calls, etc. Or do you believe sticking to actual work experience would be best suited.

Thanks a lot for all the content you post.

Stick to your work experience if you have actual CF and consulting internships. Maybe add a line or brief phrase within a line that mentions your learnings from university classes as well.

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I live in the UK and I’ve been told cover letters carry a lot of weighting in the initial application process. I have written a cover letter which is 8 paragraphs but it’s still 1 page. Do you think this would be ok or should I take some stuff out? Thanks in advance, great website you have.

By the way, it’s still size 10 font but I had to reduce the line spacing between the paragraphs to fit it all in.

Cover letters only matter in the “negative” sense, i.e. if you write something stupid or have typos, you could lose an offer or interview opportunity. Your cover letter should be as short as possible, so 8 paragraphs is too long, especially if you had to reduce the font size to 10, which is too small. So, be more concise and realize that bankers glance at hundreds/thousands of these letters each recruiting season…

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How do one relate a tax internship experience which I acquired In an accounting consulting firm to an investment banking internship I hope to start with with BofA

Talk about how your tax findings/work affected the big picture… did they potentially change the company’s valuation? What was the impact on the company’s financial statements? Did anything you did result in changes to the internal controls at the company? Did you do any tax work related to M&A or equity/debt deals?

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Hi Brian, I have read that the header of a cover letter should match your resume. Is there a reason the header from the M&I resume template was not included in this cover letter template?

??? I think it would be very odd if your cover letter started with your name in a bigger font size at the top… so, no if that is what you are asking about. A cover letter should start with the normal heading of a letter. Your resume is different because it’s intended to present the key points in bullet/highlight format.

I agree. Thanks.

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I’m applying online to banks in the EMEA area and most banks ask for my motivation – they don’t require a cover letter. Could I still use this template? or wouldn’t it make any sense to use this template?

If its the case that this template would not be useful, do you have any tips on what to focus on in such a motivation letter?

I think this template is too long for a simple question about your motivation. Your motivation should basically be the last part of your “story” – assuming 150 words for a competency question and a 300-word story. See:

https://mergersandinquisitions.com/walk-me-through-your-resume/

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How do you travel like a dug dealer? haha…You are funny. Great info. Thanks a lot. I’m trying to break the front door at Piper Jaffray so I can put my little two feet inside that door.

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hey, i am actually studying law in France but i wanted to go on trading/investment banking/hedge fund area. What would you suggest me ? Which arguments should I point out ?

Thanks a lot !

??? I’m not sure I understand your question.

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The links for Workbloom – Investment Banking Intern Template and Vanderbilt – Cover Letter Template are not valid anymore. Is it possible to fix that? Thank you very much!

Sincerely, Frank

We don’t have alternate links, sorry. But the template there wasn’t much different anyway.

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Hi Brian, I had a question in mind. I have been working with a Big four Audit firm in India for the past 10 months now, and have a Bachelors in Commerce degree from a non-target University here. The role here is Back-end, as in we do not have client interaction, and rather coordinate with the US/EMEA teams – which deal with the clients directly – for the work. Recently, I got a call from GS for an Analyst position under the Data Resource Group for its IB Division in India. How do you suggest I pitch my auditing experience to get an offer for this position? Also, considering the work I do here is back-end and basically, formatting files around and punching in numbers! Thanks in advance for your help!

I would just point out how your audit work led directly to results with clients and how you were a part of the client-interaction process, even if you didn’t speak with them directly. As a result, you have a good understanding of what they’re looking for and how to get them results most efficiently.

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Thanks for the template. Is it correct to include in the cover letter an entreprise which I am auditing or not?

Sure, you could, but you have to be able to tie that to whatever role(s) you’re applying for.

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Hi there, thanks for the cover letter template you provided. It’s a great help. Just wondering does the same template work for UK application? As you mentioned they tend to pay attention to cover letters.

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Yes this template works for UK applications.

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Thank you for sharing your blog, it helped a lot cos I am also having a hard time in writing a cover letter and I suck! Hope you can help more. Keep it up!

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Thank you for sharing the template and guide! I am a recent college grad and just started working in an economic consulting firm (last month). I want to make the career transfer to IB and I am trying my best networking everywhere. I am applying for an IB analyst position and editing my cover letter. Should I still mention in the cover letter my leadership roles in college or it does not matter much?

Many thanks!

You can mention them briefly, but you should focus on your current role.

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Thanks for the template! After working as an ER associate for 2 years in my hometown, I am moving from North America to Europe in the next few weeks. Should I mention in my cover letter something to the effect of “After visiting [country] several times over the past few years, I applied for and received my Work Visa” or will the recruiter assume I have a visa and do not require sponsorship? I just do not want to be passed over if they are assuming I will be a headache for them!

Furthermore, I am also hoping to move from ER to corporate. Besides tailoring the letter to reflect skills mentioned in the posting, are there any other changes that need to be made when moving out of capmarkets?

Thank you for your time!

Sure you can include this. Yes, I’d talk about why you want to move from ER to corporate and talk about why you prefer corporate over ER (perhaps you prefer the type of work in corporate better and you see yourself in a corporate vs. in a bank) and you want to move over to XX industry [the industry the corporate you’re applying for is in] given XX reason [ideally you’ve covered that industry in ER before]

Thank you Nicole. Should I be putting this explanation in paragraph 2? Or later on in the letter?

I’d probably list this later in the letter.

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Hi, I’m studying in the US and applying to summer IBD internship in 3 different locations (New York, London, HK), so who should I address to in my cover letter since there is only one cover letter for three different recruiters? Thanks!

I’d say Dear Sir/Madam or To Whom It May Concern

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when you express abbreviations, let’s say M&A, how do you put it in a cover letter? i.e., (“M&A”) or (M&A) without punctuations mark?

M&A is fine I believe

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Hi! You mentioned that putting the name of the recruiter is always better than just a “Dear Sir/Madam”. When applying in London, do you think it is appropriate to address the cover letter to a recruiter I haven’t personally met that I just found his name via an internet search, specifically from Linkedin. Also, there are dozens recruiters for the same company on Linkedin, should I still address the letter to a specific person? What about if it is the director of HR? Should I address it to him/her directly?

Yes, I’d address the email to Director of HR. If you don’t know the person’s name, I’d say “To Whom It May Concern” or “Dear Sir/Madam”

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Hey, I have a question concerning applying for an internship at G&S in Europe. Instead of a cover letter they want you to submit a motivational statement with 300 words when applying, which is according to them similar to the cover letter. But I am a bit unsure that I express my motivation for applying for an investment banking postion with this cover letter because it focuses more on previous internships. Should I outline my internships and then explain that I want to pursue an career in IB because of them? and should I mention my extra curriculare activities which involve leadership experience and exotic interests?

I’d briefly touch on your previous experience and focus on why IB, and why GS. If the previous experience can serve as your IB spark, use them. So yes you can mention that you want to pursue a career in IB because of your previous internships, but don’t dive too deep given word limit and you can address that in interviews. No, the latter part should be demonstrated on your resume, unless you have space in the statement

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What should you do in [Signature]?

I’m not sure I understand your question. I’d just insert your signature there.

Upload an image of your handwritten signature?

Yes you can do that. Copy and paste it below “Yours sincerely/Best Regards”

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I resigned from my previous role in April this year as we were planning a family move to another country However, it did not materialize due to some unexpected changes and I have to start looking for a job again. This has left an employment gap of about 3 months in my resume. During this period, I have taken the BIWS course to enhance my knowledge. Shall I mention my current status and address that in my cover letter? or leave it out and talk about it when asked during interview?

Xavier, you can list that on your resume and cover letter. You may also want to talk about other activities you’ve done during those 3 months.

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I am a first year associate working at a boutique bank on the trading floor and trying to switch into equity research/banking side. How is the cover letter different from the cover letter template above. Do I need to specifically state why I am switching?

Yes you need to address why you’re switching

Do you have any suggestions as to how I can gracefully address this? The reason why I am switching is because I don’t feel like I am learning much out of my positions – not being given much responsibilities, etc…

I’d focus on the positives on why you prefer the other division versus your current one; not what you’re lacking.

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Hi, I am wondering when introducing my skill sets and experience in the second paragraph of the cover letter, is it appropriate to use bullet points? e.g. my key skills/experience include: bullet point: A bullet point: B

Yes you can do that, though a lot of times we find that its best to follow our template, unless you’re a very experienced candidate

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I worked at a boutique investment bank for an internship and I was wondering how I may explain my low gpa on my cover letter. I would focus on my strengths and what I learned from the position but sooner or later the question of gpa will be addressed either during an interview or sent through email. How would I approach this?

This may come up in interviews and I’d address it then. I am not sure why you had a low GPA. If you had family/personal reasons you can list that. Otherwise if you were taking more advanced courses because you were too ambitious and got a lower GPA as a result of that you can list that too.

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I’m applying to various finance and IB positions and my documents will be seen as a package sent through my school. I created my resume in a very similar format to the template on your website, only using .5″ margins. I have the same header layout (with name and personal info) on both my resume and cover letter. My question is regarding holding these .5″ margins on both of my documents to keep a consistent look. I’m just curious as to whether this would be a good or bad idea, or as to whether you think it would even matter.

I haven’t seen the format of your resume so I am not 100% sure. 0.5 margins maybe a bit crowded but depending on your content it can be doable. If you have lots of solid content, yes this is applicable. Otherwise, I’d shorten your content and go for the standard margins

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Hey, this template isn’t just for investment banking right, it can be used for targeting internships in accounting as well? Same with the resume template?

If you change the paragraph from why IB to why accounting, you can use this template. The resume template is tailored to IB though you can use it for Accounting roles too

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I graduated from a top school 1.5 years ago, but unfortunately ended up at a not so impressive bank. What’s the best way to name drop the school in the cover letter? Thanks.

First paragraph – you can just say that you are working at XX bank and have recently graduated from XX school

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I am applying to three different divisions in the same investment bank that are different in nature (2 back office and one front) and there is only one cover letter for all three that asks you to describe your motivation for each. Since they are different positions, how do I go about this?

I’d be generic and focus on why finance and how you can make an impact to the firm

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How about adding the recommendations from the previous job? Is it worth? Should we add it even if they do not menton about that?

You can provide recommendations upon request

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Hi, I am wondering whether I need to include a signature in my cover letter for online application. If so, should I just insert it in the pdf document or scan a paper copy of the cover letter? Thanks!

Yes you can include it. Both works.

Yo’re welcome.

Just a follow-up question: I am applying for summer analyst position at CS, and they only allow one application per applicant. Should I use the same cover letter during campus recruiting (addressed to an alumnus) for my online application? Since I am applying to CS HK as well, I am wondering whether I should use a slightly different cover letter.

Sure I think this shouldn’t be a problem. Yes the HK one should be slightly different – i.e. why HK, why Chinese market

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Dear M&I staff,

I’m a master student in Europe. I’m currently attending a Master of Science in Finance after completing a bachelor in business administration. Do you have any specific suggestion about my first paragraph? Also, if I can’t find the name of the recruiter, how can I start the letter? I was thinking about expressions such as “To whom it may concern…”; does this work?

Thanks in advance

Yes it does, or Dear Sir/Madam.

First paragraph – I’d follow the template on the post

Dear Sir or Madam,

My name is [Insert Name] and I am currently pursuing a Master of Science in Finance at [Insert University Name] where I have also been awarded a Bachelor of Science with honors. How would this sound?

Sounds good, though I’d probably just use My name is [Insert Name] and I am currently pursuing a Master of Science in Finance at [Insert University].

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Hey Brian/Nicole, Thank you guys so much for this website. I spend days on it reading your articles! lol I’m just wondering when I do the name-dropping on the cover letter, is it alright to put the company names in bold? or is that too much? What do you guys think?

Thank you for your kind comment. You should credit Brian for his hard work! I don’t think its necessary to bold company names. I think its probably better to leave it “unbolded.”

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i a lil older i was originally an engineering major, left school (didnt graduate), started working as a stock broker, then mortgage broker, and then more sales background. I then re entered school and graduated with a degree with finance, gpa not so high bc of past screw ups, but now looking to break into finance. I love finance, and cant figure out how to convey that in a cover letter. can you help?

Focus on the impact you’ve made in your previous roles. Then say while you’ve enjoyed and learn a lot from your previous experience, you realize [Talk about your IB spark here], and that you realize you wanted to pursue IB because [XYZ]. Then say that you’re confident that your [XX] skills can be an invaluable asset to the firm (something around those lines)

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If I’m applying for a job based on an online job posting (LinkedIn / other job board), then in my 1st paragraph, ho would you address the section about how you learnt about the job / company ?

(I find it awkward to say that “I recently learnt about your company through your online ad on abc.com”)

ThankX Guys!

I recently learned about your company from [a contact/an event/an online job posting] and was impressed with what I learned of [List what you’re impressed with here]

Hey Nicole,

Thanks for your reply.

I’m finding it awkward to write “I learnt about your company from an online job posting” bcoz I feel it sounds like I did not know them before seeing the posting (which, in turn, sounds insulting for the company).

Instead, can I just say “I recently found out about the XYZ position at ABC Capital & want to apply for this position”?

Sure, this sounds good. No, this isn’t insulting – this is why companies post on job postings! It is best if you have already spoken to people at the company and use that as an intro. line.

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please i am an undergraduate in my final year with just one internship experience and one teaching experience, that was before i gained admission. i want to know if it is appropriate to include my date of birth and list of referees; i will also like to know the maximum length of resume ideal for some one in my category. Thanks.

Please see https://mergersandinquisitions.com/free-investment-banking-resume-template/

No, I don’t think you need to include your DOB and list of referees. Maximum length of your resume would be 1 page.

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Hi Brian, thanks so much for creating this awesome website.

I’m a year one student in a non-target uni in HK who’s interested in IBD. My first semester GPA wasn’t stellar because I had a hard time balancing family issues and adapting to a new country.

I’m currently applying for several pre-internship programs, and am afraid my less-than-3 GPA will cause my immediate disqualification. What can I do?

I’ve had several leadership positions in high school, am great at networking/socializing, and speak a few languages. But my first semester GPA is lackluster. Please advice, should I explain in my cover letter?

Best Regards, Sara

Yes, your GPA is likely to be alarming to interviewers. Sure, you can explain the above on your cover letter, though I would focus on your strengths and what you have achieved first. You want to draw people to your strengths. I’d also try as hard as you can to boost your GPA next semester and craft a very good explanation when you land interviews.

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Hey there M&I,

Firstly, I’d just like to thank you for this template – it truly is priceless.

I’m from Melbourne, Australia and I’d like to break into Investment Banking for a long-term career.

I’m starting a Bachelor of Commerce degree at The University of Melbourne and I was thinking of double majoring in Accounting and Finance.

I feel as though this will put me in a good position for Investment Banking and will also provide me with a few alternatives should I be unable to make it to Investment Banking or decide that it’s not for me.

Sorry about the long-winded explanation, I guess what I want to know is whether or not the double major sequence I have suggested is desirable in Investment Banking or there is a better sequence you could suggest to me.

Also, what do you have to say about people getting summer internships after first year? I haven’t heard of anyone doing this before, but have you? How should I go about trying to increase my chances?

Thanks very much!

Thanks. Yes, that sequence is fine but I don’t know if it would give you an advantage. From what I understand about Australia, I believe most people who get into banking there actually have dual Commerce and Law degrees.

Summer internships after year 1: very tough. You’d have to aim for small local firms. And probably not common in Australia.

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I’m applying to a Private Equity internship and I completed the BIWS fundamental and advanced modeling courses. Should I talk about this in my cover letter? Right now I just have a general statement about it and that I worked on some case studies.I was wondering whether I should go more in depth and mention a specific case? Leave it as a general statement? Or take it out completely

Yes, definitely mention the specific case studies as that makes it sound much better than just saying you completed the courses.

Document for listing them on your resume (you may be able to apply parts of this):

http://biws-support.s3.amazonaws.com/BIWS-Courses-Resume-Instructions.docx

Thanks Brian,

I took your advice and mentioned specific case studies.

One other thing, currently in the second paragraph of my cover letter I talk a lot about my internship experience, but this internship doesn’t have to do with IB, its accounting and sales for a hotel. I did spin it in away that says that I picked up skills from this internship that I can apply to IB, PE, etc. Should I focus less about this and more on the BIWS courses, and projects in school I worked on since it doesn’t directly relate?

I would probably do an even split in that case.

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I found this guide and template very useful. I was wondering, though, if I were to apply online to bb investment banks that didn’t make any meeting at my university and require a cover letter, what should I write in: “I was recently introduced to your firm via [Friend / Contact at Firm / Presentation] and was impressed with what I learned of [Your Culture / Working Environment / Bank-Specific Info.].”

I know about these banks just because of their fame, so should I just skip this part?

Sure though having this line may be more convincing.

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I am now applying to Société Générale M&A summer internship in Power, Utilities and Infrastructure department. I tried to find some alumni working there. I could manage to find one via linkedin; however, i cannot contact him because he sets a permission. I wonder what should i write on cover letter if i can’t find a contact in SG?

Dear Sir or Madam / [Name of Recruiter if you have it]

Dear Nicole,

I feel sorry not to explain it clearly.

Quoted from the IB template: ” I was recently introduced to your firm via [Friend / Contact at Firm / Presentation] and was impressed with what I learned of [Your Culture / Working Environment / Bank-Specific Info.] ”

I searched SG career website but they mention the work environment and culture very vague. I tried to find an alumni working there; however,the alumni office hasn’t replied me yet.Even worse, SG hasn’t held any campaign event at our uni. At present moment,I can’t manage to get a contact at firm. I did search they have an aggressive expansion plan for the department 2 years ago. Should I mention this instead?

Much thanks

It would help if you have spoken to a contact who is working/worked there or attending one of their info sessions. Otherwise, yes it may be useful to mention of their department’s aggressive expansion plan.

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Hi! What if I have not attended any presentation and I do not know nobody that work in a specific bank? Can I still apply online? I am applying to investment banks in London and I know that they recruit using the online application process.

Yes you can still apply online.

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Hi Nicole/Brian,

Adding to what Paolo has mentioned, what about the cover letter? Since we do not know anybody that work in that specific bank (nor attend any presentations), who do we address the cover letter to? (Or is it better not to submit one if the cover letter is optional?)

Secondly, is it alright to say that we found out about the job/vacancy by browsing through their website?

Again, thanks for your continuous kind support.

Regards, Rifki

Quoting from the article:

“If you don’t have this information you can just list the company name and address and use a ‘Dear Sir or Madam” greeting.’ ”

If it’s optional, I wouldn’t even bother submitting it especially if you don’t know anyone there. Yes saying you saw it through a website is OK.

Thanks Brian!

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I’ve just graduated in Finance and Accounting but wasn’t able to get summer internships in my 2nd year. What else can I write in section 2+3? I’ve got work experience in wholesale, an accounting firm and an insight day at a Merrill Lynch which were just before I started uni, i.e. 2009 can I still use these in this section or would it look bad since they are old?

I’ve taken part in many trading simulation games in teams etc which show all the skills you have mentioned in the paragraph, would it be acceptable to use this as an example even though it was a simulation?

They wouldn’t look bad but not exactly current. Ideal if you have recent experiences to list. Otherwise you can list them

Yes – show the returns you generated

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Thanks for the useful resources.

Last year, I hadn’t as much insight and experience with IB (I was coming from law and bearely started to study a MSc-Finance in a good school). I still got two interviews with a nice boutique and a bb. I got reject at the final round.

This year I’m applying again (I’m currently doing an off cycle M&A internship)

1. Shall I mention I applied last year, and why I like the firm so much? or shall I just make a regular cover letter and avoid to mention I applied a year ago?

2. How many interviews should I go through to secure an offer, or what is the average? I’d like to know whether I am doing something bad or just if it is because you need to go through several interviews to finally get something?

3. What would shall I do with the current market if I secure another off cycle internship or a full time M&A position in a leading law firm? (I prefer finance than law, but I m getting old and need to start working as oppose to “intern”)

Sorry for this long thread, thanks for your help.

1. you can mention it if you want though I don’t think its necessary 2. hard to say – depends on you. people generally go through more than several rounds of interviews to land an offer 3. network a lot

Last year, I hadn’t as much insight and experience in IB profiles (I am coming from law and bearely started to study a MSc-Finance in a good school). I still got two interviews with a nice boutique and a bb. I got reject at the final round.

— Shall I mention I applied last year, and why I like the firm so much

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Hi, I have an upcoming interview with a bulge bracket bank in Capital Markets. I submitted my resume about 1 month ago and got selected recently. My resume was updated recently and is much much more in depth than before. Should I reach out to the recruiters and ask if I can have them replace the resume on the website with my new one? Or would this be frowned upon? Thanks!

Yes, please do that!

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Thank you for your tips, they are great!I have two questions:

1. All templates I find are about experienced people. If you are a person with no experience (or with a very short experience in a different area), how can you turn this fact around and convince someone to hire you? Should you really emphasize your academic background?

2. I started a PhD but early on I realized that it was not the right fit for me. How and where should I mention this? Should I explain why? I am afraid that no one will be considering me for a job position because I am quitting the PhD…

Thank you so much!

1. There are templates for inexperienced hires – pls look for the one for undergraduates. If you have NO work experience at all, I’d suggest you to emphasize your academic background and extracurricular activities. 2. Explain this on your cover letter & interviews. No, it shouldn’t be a problem if you know how to spin your story. Most jobs don’t require a PhD these days anyway.

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Hi, Thank you very much for uploading the template.

But what if I don’t have background info or experiences specific to the investment banking industry even though I have banking experience in a different field such as Loan Officer? Will that matter?

I will be considered as a fresher in that case how can I convince anybody about changing my profession to investment banker or wealth management analyst from this profession?

And can you also please help me with a sample C.V for freshers in Invest and Wealth Management.

I do have an MBA in finance.

You’ll have to figure out why IB and pitch your story well.

You can use the same template for Wealth Management – just focus on your research and investment experience

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I’m planning to use this short cover letter as my email body. My question : “Should I opt for a longer version with more elaborate details?”

— Dear Sir/ Madam [or the recruiter’s name],

I would like to express my interest in a position as [position] for [company].

As you may perceive from my summary, I’ve been leveraging my consulting and technical skills from my previous career as an IT Consultant to break into the finance industry. Thus, I’m adapt at translating clients’ problems into a satisfying, concrete solution. I also possess good leadership skill and can work well with others. [ + other skills the company valued / demanded for this specific job]

I would love to expand my career with your company, and am confident that I would be a beneficial addition to your company. I have enclosed my resume and I would welcome a personal interview at your earliest convenience.

[Name and contact address] —

Any input would be greatly appreciated. Thanks

I’d keep your email short, sweet and succinct. Anything longer than that is too much.

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Hello, my question is regarding the introduction —

“Paragraph 1: Introduction This is where you explain who you are, where you’re currently working or studying, and how you found the bank that you’re applying to.”

I have nearly 2 years of consulting experience, but have recently been laid off. Since I’m no longer working or studying, how would I approach this as far as introduction?

Just introduce yourself and tell interviewer you’ve been laid off due to the lackluster economy – they should understand. Tell them what you’ve been doing with your free time i.e. traveling, studying, picking up a new hobby, etc. As long as you sound like you are doing something productive/interesting with your life, you should be fine

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Errors – If there are minor typos that most people don’t see at a glance, are you in the clear? I’m not sure if people read cover letters that closely especially during OCR when hundreds of people apply at the same time from one school.

It depends on whether your reviewer is attentive to details or not!

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I don’t exactly have a stellar GPA, so I was wondering if the cover letter is where I would explain myself? Or is it better to just not mention it? Thanks! And love this website!

It depends why you don’t have a stellar GPA – if you have a legit reason i.e. you had sick parents you needed to take care of etc I think it would help

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Thanks for the article. I just had a quick question. I was originally interested in marketing and completed two internships my freshman year undergraduate (currently a junior applying for summer analyst positions). Since then I have had several research internships. Would it be a good idea what lead my decision to go from marketing to banking in my cover letter?

Any input would be awesome. Thanks!

Yes I would explain why you changed your mind in your cover letter and point to a specific person/incident

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I am studying at a “frontier market” university and am currently an exchange student at a highly ranked (Top 100) universities.

Should I use an exchange studies university in a cover letter instead of a university where I’ll be graduating and mention it accordingly (I am currently an exchange student at…)?

No, I think you should still use the university where you’ll be graduating

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ha frontier market. I am putting where I am an exchange student with the frontier school I attend.

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I’m applying for an internship in the US, but I’m studying in Germany. Should I mention that my University/Business School, is one of the best business schools in Germany?

Thank you for your answer!

I don’t think it makes a difference. You could try but reviewers might not necessarily care too much re that

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Hi, thanks so much for this article. I am writing a cover letter to J.P. Morgan, but I cannot find the office address in HK, shall I omit it at the top?

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But what if I don’t have background info or experiences specific to the investment banking industry? does that automatically rule me out as a candidate even though they specify that finance background is not necessary?

Could I simply emphasize my skills and abilities that I have gained through other experiences such as working for an NGO?

Not necessarily.

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just one other quick question. At Goldman Sachs, one could apply for internship in several divisions and they have asked motivation for applying to different divisions. Would it make this impression that you yourself do not know what division is right for you when you make applications for several divisions? Thanks a lot.

With Goldman, yes. However, in a way you still need to hedge your bets because one division’s MD might like you and the other’s MD might not.

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I’ve shown my CL to the Head of HR in my firm and he adviced me to write something “catching” as a title between the date and “Dear Sir or Madam,..”. So do you think it would be okay to write there: “Why I am a good fit for taking part in your spring programme”? Or does this sound too arrogant?

Thanks a lot! Jevira

This sounds generic.

Have you got another idea or just put there: Spring Programme at XYZ. :D Thanks, and sorry for the time you lose with all my questions..

Come up w something original he said right? I don’t know if the above is original. You should just ask him what his suggestions are. I’d love to help but I need to think through it and have to look at your CL; wouldn’t be fair to other customers who are paying for our CL editing service.

Thanks very much for your helps. I have a few questions and I would greatly appreciate if you could help me. I am doing a double degree master in Complex Systems Science (A multidisciplinary field), so I have studied one year at Warwick, UK and now I am studying the second year at Ecole Polytechnique, France. 1) Should I mention anywhere that I have had a multidisciplinary approach since in my field I have to interact with people with completely diverse backgrounds, from Physics and math to economics and Philosophy? 2)I have got a full scholarship from European commission for my studies. How should I mention it? 3)I think many people are not very acquainted with the structure of such joint programs between two universities in two different countries. In my CV, shall I mention it as two masters and not saying that they are in fact joint? 4)My master thesis has been about financial contagion and I do not have ant job or internship opportunity, so how should I write the second paragraph?

Thanks in advance and sorry it becomes too long. Mostafa

1. Not sure how you will be wording this one. Difficult to use this to stand out 2. Yes 3. No, put joint but you can separate the two in diff lines 4. Can’t help you on this one.

Hi, it’s me again. Does this template also apply for online applications where you have to upload the cover letter? Or can my personal adress, the banks adress and the date can be removed withous replacement?

Yes these templates apply to online apps too

No, I don’t think you should remove the details you mentioned

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I’m a first year university student in the UK, and looking to apply to a spring division internship at Goldman Sachs (and probably many others in the near future).

I have litte actual experience in terms of working for firms, but have competed in many stock market challenges/competitions, and I have come to university a year early, having been moved up a year.

Clearly with my lack of experience, I will need to slightly change the template you have provided above; how would you recommend I do this?

Many thanks.

I nearly asked the same thing – but my question didn’t even appear.

You should elaborate on your stock market challenges/competitions

Is it okay to write under my asset mgmnt firm that I “increased producivity of checking several entries by about 60%”? It was an excelsheet with about 120 rows in which I had to find the entries which were more than once in these rows. (it was an excel formula I made for that).

Or does it sound ridiculous?

Oh, its in the CV, not the cover letter.

yes it does sounds a bit ridiculous and monotonous. Sorry.

So I’ll delete :) Thanks. Its very difficult to boost your CV.

btw: may I send you, Nicole, my CV that you could look over that? You see my email adress, i guess. I’d really appreciate it! Thinking, that it sounds “too” ridiculous…

We’re not offering resume editing at the moment but will be introducing it shortly, so you can watch for that announcement.

What does “shortly” mean? Within this month? And will it be free? If not, how much would it cost? If you’re launching in the very near future, please reserve one place for me :-).

Haha yes but not free. Sure.

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Thanks for your work!

My question is that if I apply for some regions where original language is not English i.e. China, Japan, will it be ok I send a 2-page resume/cl with one in English and another Chinese/Japanese/whatever? or seperately in 2 .pdfs?

Thanks again

No. Not necessary. Just send a one-page resume in English

If bilingual required?

No still submit one pager unless they ask

Thanks Nicole.

Another not-related question, do you think that a 4-month full time internship in PE department of commercial banks, say, standard chartered, strong enough to pass the summer/FT online selection? prior to that i had internship in big-4. a senior in university and will pursue a finance master degree right after. thanks

Should do but again it depends on what position you are interviewing for and which division you are looking at. Also depends on who is screening you..However, I believe your experience should suffice

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Do you think sending a cover letter with a CV directly to the Head of investment banking dpt is inappropriate? The bank is hiring (according to website). Sent my CV to HR a month ago, no responce.

Sure, just send him a brief email and your resume. No point in sending a cover letter – address what you need to say briefly on the email

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What is your opinion about listing client names. Obviously working in a deal situation it would not be acceptable to mention a client name and the transaction itself if this is not public but in my case I have done a lot of work which didn’t result in deals however I am quite keen on mentionning the clients as I have worked with many PE and large Corporate clients. Is it fine to write: “selected list of clients: A,B,C,D,E…

Why would you want to use names there? Just for more credibility when you discuss deals? I would still avoid using names if possible for dead deals. You can still mention that you’ve worked with some big PE names such as X but I wouldn’t go into details; pretend deal is still ongoing even if it died, and leave out the names.

https://mergersandinquisitions.com/why-investment-banking-deals-fail/

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You do such a great service for idiots like me!Keep it up.

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Hi! For my motivation letter, which the company requires on their application website, shouldn’t I just say I like money and that I want to work for their company because I would like to earn a lot? Or should I go with the “It’s my passion… I like to be challenged… I’d like to contribute innovations for the growth of the business…” bits? Thank you!

applications for bulge brackets. thanks!

Um #2, always

Okay, thanks!

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I am beginning to write my cover letter for a number of boutique banks in the fall to apply for analyst positions. What do I if I don’t know anyone at the firm and can’t namedrop a presentation I attended (1st paragraph)? Can I just say

“My name is John Smith, and I am a recent graduate of Fordham University (Class of 2011). I am interested in applying for an analyst position at XYZ firm”

Is there anything else I can add to the first paragraph to flesh out my cover letter a bit? Thank you very much and keep up the good work!

That’s fine

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Hi, I recently switched to a major in economics from engineering. The engineering curriculum at my school is very challenging and had a negative impact on my GPA over my freshman/sophomore year (3.4 currently). Would it be appropriate to list that I was previously an engineering major on my resume to reflect the challenging curriculum I was previously engaged in?

Yes that’s a good idea or at least reflect coursework on there

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Thanks for the cover letter and resume templates, they’re really helpful. A friend of mine used your templates to score a summer internship in corporate finance advisory at a big four company in london and I was able to score a SA offer in the IBD of a BB firm in frankfurt, germany. we’re both germans btw.

depending on how fulltime recruiting develops we should set something up for a “breaking into IB in europe”-feature if you see the demand for this. So long, Nick

Congrats, interesting to hear that it works in other countries. There are a few articles on Europe (UK, Germany, Italy) already but could use more if you have a unique angle.

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A company was recruiting at my college, and all they asked for was for us to send them a 1-page motivational letter? Any idea what I can include in the letter? Eg, why me? Why should I get the offer? Why should I get the bursary? My strengths and weaknesses?

They don’t want a cv, they just want a motivational letter. I’m not too sure what to include in it. Any help would be appreciated.

I would just follow the cover letter template here and expand on it a bit… don’t go into strengths/weaknesses, just follow the outline above.

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Thanks Brian for putting up such a nice website and sharing valuable stuff with us aspirers. I might be using a wrong space to look for your suggestions anyways here I go. My challenge here is to make a successful transition from a business development/ strategy side (prior 3 yrs of exp. with a commercial bank) to IB. Being done an MBA recently from a decent B school in UK where I gained the required skill sets for IB, I was targeting at BB which doesnot seems to be working out my way so I m considering the small boutiques as well to start with. I thought a good cover letter can win recruiters attention in my case. Any advice on the approach I should carry to enter into IB & put my prior experience into use to encash it is highly appreciated.

If you do a search for “Networking” and “Cold-calling” you’ll see the most helpful advice – cover letters do not make a difference, focus on your cold-calling and networking skills and do not give up until you try hundreds of places.

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is it okay to put stuff on your resume you don’t mention in your cover letter? or should your resume ONLY include stuff from your cover letter?

It’s fine, you can’t even mention everything in the cover letter anyway

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In the 3rd paragraph you explained that we should say something along the lines of “I am impressed by your track record of clients and transactions at Goldman Stanley…”

This is obviously a great way to tailor your cover letter, but I was wondering where you find out information of transactions. I’ve found some doing a simple Google search, but is there an independent authority that tracks all of these? As well, how do you know which transactions to mention? The ones that the firm is particularly proud of or ground-breaking?

Use the WSJ Deal Journal or NYT Dealbook to find recent deals they’ve done, anything sizable or significant e.g. the Goldman / Facebook deal

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I realized I made a grammatical error in the last paragraph of my cover letter today. I never noticed it before and I’ve sent it to three places already, one BB and two boutiques. Big deal?

No, no one reads cover letters anyway

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Firstly thanks for the website, it’s great.

My question is: in most summer IB internships, they ask several cover letter-like questions like “In 250 words max, describe your career aspirations” etc., however there’s usually an option to upload a cover letter as well. Would you advise keeping it concise or would you include examples of IB-related things, adapted to the question, despite the fact you’re effectively rewriting the cover letter?

This is in UK by the way.

Thanks in advance.

Just keep it concise – competency questions are not a big factor vs. CV/interviews.

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Thank you for the template.

Quick questions:

Should we use the email format for a doostang message as well?

No keep it way shorter like 2-3 sentences maybe

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Dear M&I,

I guess I’m the most complicated case here. I’m currently doing BA in Art History and Italian at UCL, London, now doing my Erasmus in Italy. However, last summer I worked as a M&A Summer Analyst in a small boutique bank specializing in cross-border M&As. There, I started from scratch, with no finance experience/knowledge, but learnt a lot and had lots of hands-on experience, since the company was really small and I was involved in literally everything.

I’m applying for summer internships in large investment banks and about to start writing my cover letters. I assume I must explain myself for studying Art History & Italian and my out-of-the-blue interest in I-Banking, plus use my last summer experience as a selling point. Any other specific hints?

Thanks in advance for your help!

Well, why did you work there? What made you interested in doing that? Reference a specific person or if nothing comes to mind use something from the news or your background e.g. I was always really interested in Italy and the UK and got interested in finance as a result of [xx] so I wanted to explore cross-border M&A and leverage my skills/interests like that.

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Hi, I have completed my masters in Drug Discovery and Translational Biology. But currently I am planning to apply for any investment banking positions. As I don’t have any background or experience in the given field, i don’t what to write in the 2nd and 3rd paragraph.

Can you please help me,

Talk about the analytical skills you gained and how they apply, or the leadership / project management skills or anything else like that from previous internships or school.

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Hey guys, this letter just repeats what is inside the Resume anyway. What is the additional value for the potential employer to read this kind of resume? There are no additional information. Wouldnt it be better to wite about your motiviation, your personal (not work) background, and reasons to chose this department/bank ? Or would it harm to do this?

Furthermore, the letter includes the information about resume enclosure 3(!) times. I like this site but this template really does not look too promising for me!

So don’t use it? The point is that no one reads cover letters, but in case they do, you don’t want to screw up by saying anything controversial or anything that could be misinterpreted.

If you start writing your personal story, bankers might mistake it for a soap opera script rather than cover letter.

Cover letters have no value at all, but just like grades if you screw one up it could hurt you. This template is intentionally boring and gives very little information because otherwise people would download this and insert pictures of unicorns, write about their past relationships, and other nonsense.

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Great comment, made me laugh

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Do you recommend being creative in cover letters, ie varying sentence structure, using big/expressive words ?

No, creativity is for marketing or poetry – this is finance.

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I’m a US student currently at Oxford for my junior year. All the applications for the UK offices are online. I know you have already answered the question before, but I don’t want to make any mistakes. So just to clarify:

1. Omit the physical addresses, mine as well as theirs. 2. Omit the recruiters name leaving only the name of the bank 3. Omit the signature 4. Do not enclose resume since that is a separate attachment

Thanks so much in advance.

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Hie ,i realy luv ur advice!.,Im doing a Bsc in Financial modelling with UNISA.is this a good start for a career in investment banking?.i finish next year, could u tell wat i can do to make myself marketable after graduation.

Honestly, I’m not sure on that one because I’m not familiar with the school. If a lot of banks recruit there, it’s fine; otherwise you should transfer elsewhere.

Its University of SouthAfrica ,im also staying in Africa.is there something i could do 2 giv me an added advantage over my coleagues?.

This article has some tips on South Africa: https://mergersandinquisitions.com/investment-banking-south-africa/

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Hey M&I,

What’s your take on headlines (i.e.Application for IB Analyst) and postscripts? I’ve heard from many friends to add them on because they will grab attention. But then again, they aren’t going into banking.

Thanks, Mack

Not applicable for banking

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i will be applying to merrill lynch. In the template, you stated many of the internship and job roles that provide the skills required to be a great investment analyst. However, i was just wondering, if i have a perfect gpa, perfect sats score, how can i use these to my advantage in my cover letter?

You can’t really, just list them and be done with it – no point in trying to emphasize those because there’s not much to say and they speak for themselves.

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Hi, If the firm’s online application says “you can only attach one file: this should contain your CV, cover letter and any other materials relevant for the position”, does it mean in the word document file I upload, the 1st page is resume, the 2nd page is cover letter and the 3rd is transcript? It looks pretty strange because the document is gonna be 4-5 pages. But since they only allow me to upload one file, I’m not sure what to do with the cover letter and the transcript. Or can I just omit them and attach the resume document only? Thanks a ton.

I would not send the transcript unless they specifically ask for it, otherwise just create a 2-page file with your cover letter and CV

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First of all, great website! It’s really helpful and I think you guys are doing a great job.

I am visually impaired, however I have always followed regular education and have performed like anybody else (also in jobs, at associations, etc). Many banks stress their emphasis on diversity and now I am wondering if I should include this fact in my cover letter / online application? On the one hand I feel it would fit great into the whole “what are you most proud of”-question, but I am also scared it might work against me?

Please note I’m applying London, not NY. (I think European regulations might differ from US-ones). I go to a European target school.

Personally I would not list it on your CV / cover letter / online application, but maybe bring it up in an interview if it fits in naturally.

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Hi Brian, I was beginning to start writing coverletters–atleast get them going, but I’m confused on where to find the unique strength of each BB, which makes it diff from its competitions. One of the things which makes a good cover letter is that its specific to a firm, but I dont know how to find such information. For instance, I was looking at MS, Barclays website in the section ,’Why MS’ or ‘Why Barclays’, and it seems every firm had the same agenda. We are committed to diversity , team player etc. Obv I need to go into more depth than this. Brian where I can find information specific to each BB on their website? I would really appreciate it. Thanks a lot.

You should read the WSJ Deal Journal blog and look for recent mentions of the bank and what deals they have been advising on – then reference those in the cover letter.

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Hi Brian, I’m in a similar position as the above poster. For companies without a personal contact I want to talk about a specific deal they’ve advised on.

I’m just unsure how to formulate such a sentence without encouraging diffcult to answer questions.

E.g. I was thinking of something along the lines of “I was impressed with your company’s role as target advisor in the $X bn acquisition of companyX”

I’m afraid this would result in the question of ‘why were you impressed?’.

Any chance you could give a sample sentence of how you would talk about a deal in a cover letter?

P.S.: Keep up the good work with BIWS, love the constant updates. Highly recommended, well worth the money!

You can say something like “I recently saw news of your role as an advisor in the $X bn acquisition of company X and was immediately interested, since I’ve followed the [X] industry for awhile.”

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Hi, I graduated from a target, went to medical school after graduation, but left after two years to pursue a career in investment banking. I now work at a small investment research firm, and I am applying for 2011 analyst class.

How much “explanation” do I need to do in cover letter? Or should I just focus on my job experience and modeling skills?

I don’t think you need much explanation since you quit medicine after 2 years, so just focus on other aspects

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Is the physical address at the top still necessary if you’re attaching the cover letter as a .PDF in an online form?

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I can’t thank you enough for all these info Brian,

In all honesty, I did have a sudden family death last year for which I had to leave school in the middle of the semester and come back after about two weeks. I got in a lot of psychological stress and uncertainty and I ended up messing up my grades significantly for two semesters. However, I did improve last semester with a full workload (maximum number of credit hours allowed at my school + advanced level classes) and got near 4.0.

How should I mention this on my cover letter? Also, how would I do that on an electronic cover letter which should only be about 4-5 sentences?

Thanks again in advance.

I would just say you had a health issue and had trouble balancing everything, but quickly learned your lesson and received perfect grades right after that. Giving a family excuse sounds fake so I would probably not write that even if it’s true.

Thanks but the thing is that wasn’t my freshman year. It was my sophomore year. So I did well my freshman year than poorly as a sophomore and improved as a junior.

Also, what about the electronic cover letter? Would it be ok to take up some sentences to explain my situation?

Just say you did poorly “at first” and then improved and have perfect grades this past year. I would still keep your cover letter short as no one has time to read a lot.

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I would appreciate your advice on this.

I’m a senior at a target school in Far East Asia. It’s really tough to get into a BB here and I’m thinking of visiting each BB and handing them my resume and cover letter to ask for a junior equity research position. I doubt I’d be able to personally meet the head of research or a senior analyst without prior arrangement, so I’d be probably handing my resume and cover letter to HR. I need to stand out but I have no equity research internship experience. What I do have, is a equity S&T internship at a BB and a RA (intern) at a top-tier mgmt. consulting firm. Plus experience managing a personal portfolio and trading derivatives in notable amounts.

Now, my problem is this. I made it to the final round for a junior ER position at GS but unfortunately was not given the offer (the offer ended up going to someone with some full-time experience in ER; had I been competing against fresh-out-of-college candidates would the result have been different?). I would like to mention this in my resume or cover letter hoping that it would serve as evidence that I’m really interested in ER and that I have the potential. But I’m worried that this might send the wrong signal. Who would like to accept a candidate knowing that he was unsuccessful elsewhere? I’m worried that I might appear arrogant in their eyes. I’m thinking of visiting CS, UBS, Citi, MS, ML, JPM, etc. In ER here in Asia, they’re at least at par with GS if not better…

I realize that answer to this may depend on the culture here. Please advise. Thanks.

I would not mention an unsuccessful interview with GS for the reasons you mentioned.

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Hi Brian! Long time reader, first time poster. I’m currently a rising senior at a target school on the tale end of my internship at a strong boutique bank in New York. I only have one week left, and I’ve been given zero modeling opportunities. I’m very disappointed. I figure that I should ask for some modeling work. But I have some questions.

1) Does it reflect poorly in interviews for full-time that I didn’t do any modeling? Should I “stretch” the truth?

2) Do you have any other relevant comments about doing a junior year internship and not getting any modeling experience? I’m concerned with how this hurts my full-time credentials, how this might affect my resume, and how overall my standing will decrease relative to my peers because I didn’t get modeling experience.

It’s quite common not to have modeling experience… just say you did research and assisted with potential clients / potential buy-side deals but don’t say anything about modeling. Most people do no modeling in their internships so it doesn’t matter much anyway.

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What’s a better part-time fall internship, BB PWM or no-name boutique (I mean no name.. say 3-7 employees)?

Both are about the same, but the boutique is better for your resume because you can write “Investment Banking Analyst”

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off-topic question:

I often read though it’s June interviews are still taking place.

When do banks in America/Europe begin accepting applications for: 1) summer interns (analyst) 2) full-time (analyst/associate)

Is the end of a summer intern equivalent to the end of the full-time offer application period? Because ppl. might are offered a full-time offer after their summer intern.

To put it in a nutshell: When is recruting/application time generally?

Summer interns are December/January, full-time is August-September.

And when do you start as summer intern, when u successfully applied in dec/jan or successfully applied for aug/sep?

Summer interns usually start in June

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This post reminded me of the classic cover letter to Lehman that was on Leveraged Sellout. I tried to see it, but it appears LSO has shutdown. Is this the case? Are the days of re-reading the same, hilarious stories over?

I don’t know because it’s not my site, but yes it appears to be down. Maybe check the google cache.

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Thanks for the release of this article, much appreciated.

Curious on an unrelated question though, when you try to develop relationships with bankers and do the initial outreach to set up an information interview, how far ahead should you plan? I mean should you give them dates within the week you email, 2 weeks ahead, etc?

Also, for specific time slots you ask for, what time is it usually best for a banker to talk to someone about that? Like early morning, late night, right after lunch, etc?

Thanks again, H

Give dates within the next 1.5 weeks so they have a few days to respond. Usually right after lunch is best for bankers, for traders you have to call after market hours are over

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Hi Brian, Thanks for the website, I have a quick question for you. I am in one of the new Masters in Finance/Management programs. I am at a target school for undergrad/MBA (think UNC/Duke/UVA). However, since the program is very new, banks don’t know much about it. Aditionally, although I have had some Wealth Management internship experience, I don’t have an I-Banking internship.

Given my situation, do you think it is better for me (in terms of B-school and exit opportunities) to go into a top ten consulting firm (excluding MBB) or try for mid-market/boutique investment banks (My school is very good in placing people in consulting), assuming I don’t get into a BB. I ultimately want to end up in PE or HF (preferably PE).

Thanks for your help.

I would still say banking because consulting –> PE is very tough unless you go for firms like Golden Gate Capital that hire a lot of ex-consultants… and even there they’re mostly from MBB. Much easier to go from smaller bank –> PE than to go from smaller consulting firm –> PE.

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Should I mention the fact that my company is in F500? It’s know in Europe, but I doubt it is known in North America.

You can add it in, yes

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I don’t have any inside experience about the recruiting process, but a friend/colleague of mine (BB) mentioned that while recruiting for regional european branches/off-cycle internships often look at the cover letter, they almost never do it for summer positions in London.

Everyone seems to have different stories re: cover letters, but they are certainly less important than resumes, networking, or interviews

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What about for laterals?

Same template applies but talk about how your previous banking experience applies to the new position you’re applying for

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I appreciate your template for its compactness, I understand I shouldnt overestimate the competition, but Im trying to sell myself to the recruiter, so simply mentioning my skills and experience will not differentiate me from the “competitor”…?

I personally dont have so much experience in the finance realm (although Im genuinely interested in it and have managed to get a ten day insight into a BB) so do you encourage mentioning transferable skills I acquired through extra curricular activities, ie football = teamwork, etc, etc…

Cover letters are not really the place to “sell” yourself, which is why this is short… much safer to keep it boring and then do the selling via networking / interviews.

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I know this is supposed to be basic, but the first paragraph is pretty useless. Your name, university/job position and contact details will already be on your resume so what’s the point in wasting time and space repeating the details on your cover letter. Also, saying “I am interested in pursuing an [Investment Banking Analyst / Associate] position at your firm” is also somewhat redundant, since the recruiter knows what position you’re applying for.

The template is good as a starting point, but on the off chance someone actually does read your cover letter, I would try to do a lot more than just make redundant statements.

This template is for both email and traditional letters… and in email it’s certainly not redundant. Even with traditional letters you are introducing new information by giving the name of the person you met at their firm as well as your major / where you’re working more specifically.

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so do you expect the same stats as what you have written for the resume template? A given population, and a limited percentage will download it, and even a limited percentage will copy it word for word?

Cheers, thanks for all the great info!

In the grand scheme of things, yes – online a lot of people use these templates but most people who apply to banks do not use them.

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I’m currently a rising junior at a semi target looking to be a SA next summer. This past summer I interned at a discount brokerage firm but had significant responsibilities (they didn’t have to hire an additional broker because of me) and got a lot of experience and face time with clients.

I have an opportunity to apply for a PWM internship for the fall with Morgan Stanley Smith Barney. Should I continue with my current internship through the fall or would it look better to move to the more distinguished name? I imagine the work would be similar. thanks

Go to the better name

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nice template, it sure will be easier for internationals like me to write one now. thanks.

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Thank you for the cover letter template.

“If you’re making the body of your email the cover letter, make it even shorter (4-5 sentences total) and cut out the address bits at the top.”

Do you mean we should drastically cut down the entire 4 paragraph cover letter into 4-5 sentences?

Yes, make it so they don’t have to scroll much (if at all) when reading on a Blackberry. 1-2 sentence intro, 2 sentences on your work experience and how it makes you fit for the job and then 1 sentence conclusion.

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A nicely put article! Anyway, I like the new template for the website too!

A question that is unrelated to the article:

How far does an interviewer expect you to know in a previous live deal that you were previously involved in as an INTERN? I mean really, to be fair, often times, even if interns are being put into live deals, they are only doing menial works (including me), such as researching, data mining, presentation slides building, etc.

How far of financial analysis would the interviewer expect you to know?

Also, in terms of financial modeling, you’ve said it before that it is the kind of work that everyone should want to be exposed to. But what if the financial modeling is not for a live deal, but for a potential deal? Would it still look better than the menial works in live deals?

Thank you! You have no idea how helpful you have been.

They expect you to know what you indicate you know… so don’t set expectations very high. And yes any type of modeling work is better than menial tasks

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At most investment banks , cover letters that accompany resumes are barely read, if read at all.  Applications are typically screened according to your resume , with school and GPA as the first filter.  If you went to a “name” school and have a strong GPA, then your resume and cover letter are read in more detail.  To help you get through the screening process, we’ve created this guide to writing an investment banking cover letter.

Unfortunately, cover letters are often more of an opportunity to make a mistake than an opportunity to impress. Your best bet is to keep your letter short and straightforward, taking care to not say anything too daring or risky.

If you do have something unique to note, a particular value-add, then your cover letter can be a great tool for showcasing it.

Investment banking cover letters are fairly formulaic. The sections below give a breakdown of each of the areas of information that should be included and what information to put in each.

There are three main components to a standard investment banking cover letter:

  • Introduction
  • Experience & Fit

As we noted before, it’s a simple, straightforward (not fancy) document.

Introduction (one paragraph)

Experience & fit (two paragraphs).

Next, go on to describe whatever relevant experience you have that makes you an ideal candidate for the bank to hire.  This can include work experience, university clubs/associations, certification programs, or other activities .  Try to connect your experience back to investment banking skills such as financial modeling and valuation .

Explaining why you’re a good fit for the firm is very important.  To demonstrate fit, you have to understand the bank’s culture (i.e., the values they talk about externally, which may be different from the actual internal work atmosphere).  It’s important for the recruiter to feel confident that you’ll fit in well with the firm. Therefore, make sure you’ve done your homework and are familiar with the primary values the bank espouses in their marketing materials.

The best way for you to determine if you are a good fit with the bank is to network with people who work there and learn first-hand what the culture is like. Once you know what it’s like, you can make an honest assessment of how close a fit you actually are. In any event, whatever you’re able to glean about the company culture, try to work something into your investment banking cover letter indicating how well you’ll fit in. For example, if you determine that the company is especially focused on providing first-class customer service, you can indicate that you focus on providing the specific kind of service that each individual client wants.

Conclusion (one paragraph)

Finally, wrap things up by reiterating how keen you are to work at the bank, why you’re well-suited, and pointing out that you’ve enclosed your resume and are reachable at your contact information to discuss the opportunity. The conclusion is an almost pure formula section. No real new information should be presented there. Simply tie up everything you said in the first two sections.

Investment Banking Cover Letter template

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Thank you for reading CFI’s guide to writing your investment banking cover letter. Please be sure to download our free template and see our additional  (free!) resources below to help you land a job in IB:

  • Investment banking resume
  • Investment banking vs equity research
  • Interactive career map
  • Guide to financial modeling
  • See all career resources
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Banking Analyst Cover Letter Examples & Writing Tips

Use these Banking Analyst cover letter examples and writing tips to help you write a powerful cover letter that will separate you from the competition.

bank analyst cover letter

Table Of Contents

  • Banking Analyst Example 1
  • Banking Analyst Example 2
  • Banking Analyst Example 3
  • Cover Letter Writing Tips

Banking analysts are responsible for providing financial analysis and consulting to clients in the banking and financial services industries. They work with a variety of clients, including individual consumers, businesses, and financial institutions.

In order to be a successful banking analyst, you need to have strong analytical skills and a deep understanding of financial data.

Use these examples and tips to write a cover letter that will show hiring managers that you’re the perfect candidate for the job.

Banking Analyst Cover Letter Example 1

I am excited to be applying for the Banking Analyst position at ABC Bank. I have more than three years of experience as a Banking Analyst and have consistently been praised for my ability to provide accurate and timely analysis of financial data. I am confident that I have the skills and experience to be a valuable member of your team.

In my previous role at XYZ Bank, I was responsible for providing detailed analysis of the bank’s financial performance. I was also responsible for developing and presenting proposals for new products and services to the executive team. I have experience with a variety of banking software, including Excel, Word, and PowerPoint.

Most importantly, I have a proven track record of being a team player. I am proactive and take initiative to identify and resolve problems. I am also able to work independently and manage my time effectively.

I believe that my skills and experience would be a valuable addition to ABC Bank. I look forward to discussing this opportunity further with you in the near future. Thank you for your time and consideration.

Banking Analyst Cover Letter Example 2

I am writing in regards to the open Banking Analyst position at your company. I am confident that I have the skills, experience, and qualifications that would make me the perfect candidate for the job.

I have been working in the banking industry for the past three years and have gained a wealth of experience in the field. I have experience in all areas of banking, from consumer banking to commercial banking to investment banking. I am confident that I have the skills and knowledge to be a valuable asset to your team.

I am a hard worker and a team player. I am always willing to go the extra mile to get the job done. I am also proactive and take the initiative to come up with new ideas and solutions. I am confident that I can make a significant contribution to your company and help you achieve your goals.

I would appreciate the opportunity to discuss this position with you in further detail. Thank you for your time and consideration. I look forward to hearing from you soon.

Banking Analyst Cover Letter Example 3

I am writing to express my interest in the Banking Analyst position that you have posted. I believe that my background and experience make me an excellent candidate for this position.

I have been working as a Financial Analyst for the past three years at First National Bank, where I have gained extensive experience in financial analysis, budgeting, forecasting, and reporting. I have also gained valuable experience in analyzing loan portfolios and developing strategies to improve profitability. My work has been recognized by senior management on several occasions.

My education and work experience have given me the opportunity to develop strong analytical skills, which are essential for this position. I am confident that my skills will allow me to contribute positively to your organization.

I would like to thank you for your time and consideration of my application. I look forward to hearing from you soon.

Banking Analyst Cover Letter Writing Tips

1. showcase your skills.

When applying for a banking analyst role, it’s important to showcase your skills and experience in your cover letter. This will help hiring managers see that you have the necessary qualifications for the job. Some great ways of doing this include:

  • Listing the financial analysis tools you are familiar with and how you use them to assess a company’s financial stability.
  • Describing the financial models you have created in the past and how you were able to use this data to make sound investment decisions.
  • Mentioning the amount of experience you have working with different banking software and how you were able to improve the efficiency of the team you worked with.

2. Customize your cover letter

Just as you would for any other job application, customize your cover letter by highlighting how your skills and experience make you the perfect candidate for the banking analyst role. For example, if the job description mentions that they are looking for someone with experience in financial modeling, be sure to mention any projects you’ve worked on in the past that involved creating financial models.

3. Show your interest in the job

Employers want to know that you’re interested in the job, and not just any job. One way of doing this is by tailoring your cover letter to the specific role you’re applying for. For example, if you see that the job description mentions that they are looking for someone with experience in financial modeling, be sure to mention any projects you’ve worked on in the past that involved creating financial models.

4. Proofread your cover letter

Just as you would for any other job application, proofread your cover letter for mistakes. This is an important step in ensuring that your application is free of errors and looks professional.

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5+ Banking Analyst Cover Letter Examples and Templates

5+ Banking Analyst Cover Letter Examples and Templates

Home » Cover Letter Examples » 5+ Banking Analyst Cover Letter Examples and Templates

Banking Analyst Cover-Letter

Create the simple  Banking Analyst cover letter  with our top examples and expert guidance. Use our sample customizable templates to craft a cover letter that’ll impress recruiters and get you that interview today. Start now and make your dream job come true!

bank analyst cover letter

Banking Analysts are the backbone of the financial industry, providing critical insights and analysis that drive investment decisions and financial strategies. Crafting a persuasive Banking Analyst cover letter is essential to demonstrate your skills, experience, and passion for the role. In this guide, we’ll explore various examples and templates of Banking Analyst cover letters, offering insights and expert tips to help you create an application that resonates with hiring managers.

Whether you’re an experienced Banking Analyst or just starting your career, this guide will equip you with the tools and knowledge to write a cover letter that sets you apart. Understanding the unique blend of quantitative skills, market understanding, and attention to detail required for this role will enable you to tailor your cover letter to reflect your strengths and alignment with the company’s values and goals. In the competitive world of finance, a well-crafted cover letter can be your ticket to standing out and landing that coveted interview.

What Makes a Great Banking Analyst Cover Letter?

A Banking Analyst cover letter should not only list your qualifications but also tell a story about your professional journey, achievements, and why you’re the right fit for the role. Here’s what you need to consider:

Key Responsibilities

  • Financial Analysis: Analyzing financial data, including balance sheets, income statements, and cash flow statements, to provide insights and recommendations.
  • Investment Research: Conducting research on investment opportunities, evaluating risks, and making informed suggestions.
  • Market Analysis: Keeping abreast of market trends, economic indicators, and regulatory changes to provide informed analysis.
  • Client Interaction: Collaborating with clients to understand their financial goals and providing tailored investment advice.

Essential Skills

  • Quantitative Skills: Ability to interpret complex financial data, create financial models, and make informed recommendations.
  • Analytical Skills: Strong analytical thinking to evaluate investment opportunities and risks.
  • Communication Skills: Effective in conveying complex financial information in an understandable manner to clients and stakeholders.
  • Attention to Detail: Meticulous attention to detail in analyzing financial data, ensuring accuracy, and minimizing errors.

For more on skills, you can explore various Resume Skills that can enhance your application.

Tailoring Your Cover Letter

  • Understand the Job Description: Align your skills and experience with the specific requirements of the role.
  • Use Relevant Keywords: Incorporate industry-specific terms that resonate with the role, such as “financial modeling,” “investment analysis,” or “risk assessment.”
  • Highlight Achievements: Showcase your successes with quantifiable achievements, such as “increased investment returns by 10%.”

Banking Analyst Cover Letter Examples

Banking Analyst Cover-Letter

1. Entry-Level Banking Analyst Cover Letter

Starting your career as a Banking Analyst? This example focuses on education, internships, and transferable skills.

Tips for Entry-Level Applicants

  • Highlight Education: Emphasize relevant coursework, degrees, and any awards or honors that demonstrate your academic achievements.
  • Showcase Internship Experience: Detail specific projects or initiatives you were part of, and how they contributed to your growth as a Banking Analyst.
  • Express Enthusiasm: Show your eagerness to contribute and learn, mentioning specific aspects of the company or role that excite you.

2. Experienced Banking Analyst Cover Letter

With years of experience, this example emphasizes your expertise and achievements in the field.

Tips for Experienced Professionals

  • Highlight Achievements: Focus on measurable successes, such as growth in client portfolios or successful management of significant assets.
  • Tailor to the Role: Align your experience with the job description, using specific examples that demonstrate how your skills match the company’s needs.
  • Show Leadership: Demonstrate your ability to lead and mentor others, highlighting any team successes or leadership initiatives.

3. Banking Analyst Cover Letter for a Specific Industry

Applying within a specific industry? This example showcases your understanding of the unique challenges and opportunities in the field.

Tips for Industry-Specific Applications

  • Showcase Industry Knowledge: Highlight your understanding of the industry, including specific trends, challenges, and opportunities.
  • Use Relevant Examples: Provide examples specific to the industry, such as how you’ve adapted financial strategies to fit the tech sector.
  • Emphasize Adaptability: Demonstrate your ability to tailor strategies to different industry needs, showing flexibility and innovation.

4. Banking Analyst Cover Letter with No Direct Experience

Lacking direct experience? This example focuses on transferable skills and enthusiasm to learn and grow in the role.

Tips for Those Without Direct Experience

  • Focus on Transferable Skills: Highlight skills from related fields, such as accounting or financial analysis, that can be applied to the Banking Analyst role.
  • Show Enthusiasm: Express your eagerness to learn and grow, mentioning specific aspects of the role or company that align with your career goals.
  • Provide Examples: Use examples from other roles or education that demonstrate your ability to adapt and succeed in new challenges.

Banking Analyst Cover Letter Templates & Writing Tips

Crafting a Banking Analyst cover letter can be a complex task. Whether you’re an entry-level applicant or an experienced professional, having the right template and writing tips can make the process smoother. Here’s what you need to know:

  • Entry-Level Banking Analyst Cover Letter Template: Ideal for recent graduates or those starting their career. Focuses on education, internships, and transferable skills.
  • Experienced Banking Analyst Cover Letter Template: Tailored for those with years of experience. Highlights achievements, leadership, and industry expertise.
  • Industry-Specific Banking Analyst Cover Letter Template: Perfect for those applying within a particular industry. Emphasizes industry knowledge, adaptability, and collaboration.

For more templates, check out the Resume Maker tool, where you can find customizable templates to fit your needs.

Writing Tips

  • Use Action Verbs: Words like “analyzed,” “researched,” and “evaluated” add impact. They convey a sense of action and accomplishment.
  • Be Concise: Keep your cover letter to one page. Focus on the most relevant details and avoid unnecessary filler.
  • Personalize: Address the hiring manager by name if possible. Research the company to find the appropriate contact.
  • Proofread: Ensure there are no grammatical or spelling errors. Consider having a friend or colleague review your cover letter for a fresh perspective.
  • Show Passion: Convey your passion for the role and industry. Mention specific aspects of the company’s mission or values that resonate with you.
  • Use Real Examples: Provide tangible examples to back up your claims. Use quantifiable data to demonstrate your achievements.

Common Mistakes to Avoid in Banking Analyst Cover Letter

Avoiding common mistakes can set your cover letter apart. Here’s what to watch out for:

  • Generic Language: Tailor your cover letter to the specific role. Avoid using a one-size-fits-all approach that doesn’t address the unique needs of the position.
  • Overly Formal Tone: Use a conversational style, as if you’re speaking to a colleague. While maintaining professionalism, let your personality shine through.
  • Lack of Evidence: Provide examples to back up your claims. Use specific instances from your experience to demonstrate your qualifications.
  • Ignoring the Job Description: Align your cover letter with the job requirements. Show how your skills and experience directly relate to the needs of the position.

Crafting the perfect Banking Analyst cover letter is an essential step in landing your dream job. By following these examples, templates, and writing tips, you’ll be well on your way to impressing potential employers.

For additional help with your resume, explore the AI Resume Builder , Resume Design , Resume Samples , Resume Examples , Resume Help , Resume Synonyms , Career Advice , Interview Questions , and Job Responsibilities sections.

Happy job hunting!

Career Expert Tips:

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  • How to start a cover letter can be a challenging task. Get a comprehensive guide on how to kickstart your cover letter and make a strong first impression.
  • Looking for inspiration to draft your own cover letter? Browse through these Cover letter examples to find a style that fits your profession.
  • Why start from scratch? Use these Cover Letter Templates tailored for various professions to simplify your job application process.
  • How long should a cover letter be : The length of a cover letter is vital in conveying your message concisely. Discover the optimal length to make sure your cover letter is not too short nor too long.
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Professional Investment Banking Analyst Cover Letter Examples for 2024

Your investment banking analyst cover letter must demonstrate your robust quantitative skills. Show how you've successfully applied these skills to financial analysis or transactions. Convey your understanding of the fast-paced nature of the investment banking industry. Express your capacity for working long hours while maintaining attention to detail.

Cover Letter Guide

Investment Banking Analyst Cover Letter Sample

Cover Letter Format

Cover Letter Salutation

Cover Letter Introduction

Cover Letter Body

Cover Letter Closing

No Experience Investment Banking Analyst Cover Letter

Key Takeaways

Investment Banking Analyst cover letter

As you dive into the competitive world of investment banking, drafting an outstanding cover letter can be a make-or-break step. You've updated your resume and started applying for jobs, only to realize a gripping cover letter is essential. It's not about echoing your resume; it's about showcasing a crowning professional achievement through a compelling narrative. Let's create a formal yet original cover letter together, succinctly fitting your story into one powerful page.

  • Writing the essential investment banking analyst cover letter sections: balancing your professionalism and personality;
  • Mixing storytelling, your unique skill set, and your greatest achievement;
  • Providing relevant (and interesting) information with your investment banking analyst cover letter, despite your lack of professional experience;
  • Finding the perfect format for your[ investment banking analyst cover letter, using templates from industry experts.

Leverage the power of Enhancv's AI: upload your resume and our platform will map out how your investment banking analyst cover letter should look, in mere moments.

If the investment banking analyst isn't exactly the one you're looking for we have a plethora of cover letter examples for jobs like this one:

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Investment Banking Analyst cover letter example

Jasmine Bell

Chicago, IL

+1-(234)-555-1234

[email protected]

  • Emphasizing relevant experience: The cover letter mentions spearheading a significant financial model, which showcases hands-on experience in executing high-value deals, a critical skill for the targeted role.
  • Demonstrating impact: It highlights the candidate’s direct influence on corporate financial health and motivational strategies, indicating an understanding of both financial detail and employee incentive structures within a company.
  • Specific results and expertise: Reference to precise financial forecasting and an 8-year tenure in investment banking demonstrates the candidate's depth of knowledge and expertise in finance, crucial for roles in M&A, equity, and debt financing.
  • Personalizing the application: Expressing enthusiasm for the company’s mission and goals helps to establish a personal connection and show genuine interest in the company, which can set the candidate apart from other applicants.

Five tips on formatting your investment banking analyst cover letter

Do you want to make a good impression on recruiters and, at the same time, follow the best industry advice on writing your investment banking analyst cover letter?

Make sure to include the following:

  • Header and Salutation;
  • Introductory paragraph;
  • Body paragraph;
  • Closing paragraph;
  • Signature (this one is up to you).

Remember to use the same modern, simple font for your investment banking analyst cover letter as you did for your resume (e.g. Lato, Rubik, etc.)

Ensure your investment banking analyst cover letter is single-spaced and is wrapped around a one-inch margin, like in our cover letter templates .

Once completed, use our cover letter builder to export your investment banking analyst cover letter in the best format to keep your information intact - PDF.

At the end of the day, your investment banking analyst cover letter won't be assessed by the Applicant Tracker System (ATS) software, but by the recruiters. Your information should thus be legible, organized, and follow a structured logic.

The top sections on a investment banking analyst cover letter

Header with Contact Information: This section should include your name, address, phone number, and email, ensuring that the recruiter can easily identify and contact you for follow-up discussions or interviews.

Opening Greeting: Address the letter to a specific person if possible, such as the Head of Recruitment or the Managing Director, to show that you have done your research and are serious about the position.

Introduction: Briefly introduce yourself and state your intention to apply for the Investment Banking Analyst position, highlighting your passion for finance and your understanding of the critical role an analyst plays in the industry.

Body with Relevant Experience and Skills: Detail your relevant educational background, internships, and work experience that align with the core competencies of an investment banking analyst, such as financial modeling, valuation, and analytical skills.

Closing and Call to Action: Conclude by reiterating your interest in the role and the value you can bring to the firm, and politely prompt further discussion by suggesting a meeting or phone call to talk in more detail about your qualifications.

Key qualities recruiters search for in a candidate’s cover letter

  • Strong quantitative and analytical skills: Essential for creating financial models, valuing companies, and analyzing data to inform investment decisions.
  • Exceptional attention to detail: Critical for ensuring the accuracy of financial documents, presentations, and models that inform client decisions and deals.
  • Robust financial acumen and understanding of financial markets: Enables analysts to provide insightful recommendations and understand the nuances of various industries and market trends.
  • Tireless work ethic and ability to work long hours: Investment banking requires a significant time commitment, often involving late nights and weekends to meet tight deadlines.
  • Outstanding communication and interpersonal skills: Necessary for effectively building relationships with clients, presenting complex information clearly, and collaborating with team members.
  • Resilience and ability to thrive under pressure: Investment banking environments are high-stress, and those who are unfazed by the pressure are more likely to succeed.

What greeting should you use in your investment banking analyst cover letter salutation

A simple "Hello" or "Hey" just won't work.

With your investment banking analyst cover letter salutation , you set the tone of the whole communication.

You should thus address the hiring managers by using their first (or last name) in your greeting.

But how do you find out who's recruiting for the role?

The easiest way is to look up the role on LinkedIn or the corporate website.

Alternatively, you could also contact the organization via social media or email, for more information.

Unable to still obtain the recruiter's name?

Don't go down the "To whom it may concern path". Instead, start your cover letter with a "Dear HR team".

List of salutations you can use

  • Dear Hiring Manager,
  • Dear [Investment Bank Name] Recruitment Team,
  • Dear [Hiring Manager's Name],
  • Dear [Mr./Ms. Last Name],
  • Respected [Job Title of Receiver],
  • Esteemed [Department] Department,

Your investment banking analyst cover letter introduction and the value you bring

Moving on from the "Dear Recruiter" to your professional introduction .

Use those first two sentences of your investment banking analyst cover letter to present the biggest asset you'd bring to the organization.

Don't go into too much detail about your achievement or the skill set, but instead - go straight for the win.

That is - what is your value as a professional?

Would you be able to build stronger, professional relationships in any type of communication? Or, potentially, integrate seamlessly into the team?

The middle or body of your investment banking analyst cover letter body: a great instrument to tell a story

Now that you've set the right tone with the greeting and introduction of your investment banking analyst cover letter, it's time to get down to business .

Hear us out, the body of your investment banking analyst cover letter is the best storytelling instrument you have, in your job-hunting arsenal.

Writing the next three to six paragraphs, take the time to reassess the advert to discover job-crucial requirements.

Next, choose one accomplishment that covers those key skills and talents.

Use precisely that achievement to tell an exciting story of how you match the ideal candidate profile.

In the undertones of your story or investment banking analyst cover letter body, hint at the difference you'd make and sell your application as the perfect one for the job.

Finishing off your investment banking analyst cover letter with what matters most

So far, you've done a fantastic job in tailoring your investment banking analyst cover letter for the role and recruiter.

Your final opportunity to make a good impression is your closing paragraph.

And, no, a "Sincerely yours" just won't do, as it sounds too vague and impersonal.

End your investment banking analyst cover letter with the future in mind.

So, if you get this opportunity, what do you plan to achieve? Be as specific, as possible, of what value you'd bring to the organization.

You could also thank recruiters for their interest in your profile and prompt for follow-up actions (and organizing your first interview).

Which story should you tell in your investment banking analyst cover letter when you have zero experience

Candidates, lacking professional experience in the field - this one is for you.

Your investment banking analyst cover letter is an exercise of integrity, honesty, and, above all, spinning a positive narrative around your strengths.

And what better way to capture recruiters' attention than with your most job-relevant achievement (this could be from your internship or volunteering experience)?

Make sure to back up your success with transferrable skills that are relevant to the job (e.g. how your year, studying abroad, has taught you to be more motivated and handle multicultural environments).

Another safe card you can bet on is your career dream: in the body of your investment banking analyst cover letter, go into the details of how your ambitions would help make the company you're applying for better.

Key takeaways

Writing your investment banking analyst cover letter doesn't need to turn into an endless quest, but instead:

  • Create an individual investment banking analyst cover letter for each role you apply to, based on job criteria (use our builder to transform your resume into a cover letter, which you could edit to match the job);
  • Stick with the same font you've used in your resume (e.g. Raleway) and ensure your investment banking analyst cover letter is single-spaced and has a one-inch margin all around;
  • Introduce your enthusiasm for the role or the company at the beginning of your investment banking analyst cover letter to make a good first impression;
  • Align what matters most to the company by selecting just one achievement from your experience, that has taught you valuable skills and knowledge for the job;
  • End your investment banking analyst cover letter like any good story - with a promise for greatness or follow-up for an interview.

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Investment Banking Analyst Cover Letter Example

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Start your Investment Banking Analyst cover letter by addressing the hiring manager directly, if possible. Then, introduce yourself and briefly mention your current role or recent graduation. Make a connection between your career goals and the company's mission or recent projects. For example, "As a finance graduate with a passion for strategic investment, I was excited to see the opportunity at [Company Name]. Your recent work in [specific area] aligns with my career goals and I believe I could bring valuable insights to your team." This shows you've done your research and are genuinely interested in the company. Remember, the opening paragraph should grab the reader's attention and make them want to learn more about you.

The best way for Investment Banking Analysts to end a cover letter is by expressing gratitude for the reader's time and consideration, reiterating their interest in the role, and indicating their eagerness to further discuss their qualifications. A strong closing might be: "Thank you for considering my application. I am highly interested in the opportunity to contribute to your team and am confident that my skills and experiences align well with your needs. I look forward to the possibility of discussing my application with you further." This ending is professional, respectful, and shows enthusiasm for the role, which is important in the competitive field of investment banking.

Investment Banking Analysts should include the following key elements in their cover letter: 1. Contact Information: Start with your name, address, phone number, and email address at the top of the letter. 2. Professional Greeting: Address the hiring manager by name if possible. If not, use a professional greeting such as "Dear Hiring Manager". 3. Introduction: Briefly introduce yourself and mention the position you're applying for. You can also mention how you heard about the job opening. 4. Relevant Skills and Experience: Highlight your skills and experiences that are relevant to the job description. As an Investment Banking Analyst, you should focus on your analytical skills, financial modeling, valuation, industry research, and your ability to work in a fast-paced, high-pressure environment. 5. Achievements: Mention any significant achievements in your current or previous roles that demonstrate your capabilities as an Investment Banking Analyst. This could include successful deals you've worked on, projects you've led, or any recognition you've received for your work. 6. Knowledge about the Company: Show that you've done your research about the company and express why you're interested in working there. This could include mentioning specific deals the company has worked on, its culture, or its growth strategy. 7. Closing Paragraph: Reiterate your interest in the role and the value you can bring to the company. Thank the hiring manager for considering your application and express your interest in discussing your qualifications further in an interview. 8. Professional Closing: End the letter with a professional closing such as "Sincerely" or "Best regards", followed by your name. Remember, your cover letter should complement your resume, not repeat it. It's your chance to provide a narrative about your experiences and skills, and to show your enthusiasm for the role and the company.

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Senior financial analyst resume example, entry level financial analyst resume example, financial analyst intern resume example, financial business analyst resume example, fp&a analyst resume example, try our ai cover letter generator.

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3 Investment Banking Cover Letter Examples Made in 2024 

Stephen Greet

  • Investment Banking Cover Letter
  • Investment Banking Internship Cover Letter
  • Investment Banking Analyst Cover Letter
  • Write Your Investment Banking Cover Letter

Identifying investment opportunities is where you shine. Risk and return profiles are identified, valuations are completed, and acquisitions are performed successfully with you on the job.

But have you invested enough time writing a cover letter that complements your investment banking resume and helps land your next job?

We’ll help you get started with our investment banking cover letter examples . They’ll provide an easy template for success and, when coupled with our AI cover letter generator, will ensure you stand out in this results-driven field.

bank analyst cover letter

Investment Banking Cover Letter Example

USE THIS TEMPLATE

Microsoft Word

Google Docs

Block Format

Investment banking cover letter example

Copy this text for your investment banking cover letter!

123 Fictional Avenue New Orleans, LA 70112 (123) 456-7890

October 01, 2023

Ethan Davis Capital One Securities 123 Fictional Lane New Orleans, LA 70112

Dear Mr. Davis:

As a fervent believer in the power of data-driven decision making in my professional career and personal investment endeavors, I spend my evenings studying financial market trends and identifying potential opportunities when I’m not engrossed in aiding clients in reaching their financial goals. Pairing my passion for finance with my keen understanding of various industry nuances, I am excited to join Capital One Securities as an investment banking associate.

During my tenure at UBS, I honed my expertise in data analysis, using advanced tools like Python and Excel to sort through vast amounts of information. I successfully identified vital investment opportunities that contributed to the growth and diversification of portfolios, thereby increasing the company’s average annual return on investment by 8.2%.

As a financial analyst at Valmiki 504, also based in New Orleans, I dove headfirst into financial statement analysis, scrutinizing balance sheets, cash flow, and income statements. Consequently, my analysis contributed to improvements in client portfolio performance, with a 6.7% increase in average annual returns.

Being involved in numerous Mergers and Acquisitions (M&A) deals as part of the strategic financial advisory team at Dorsey & Company, I implemented a systematic approach to risk analysis and valuations. My prowess in executing due diligence and navigating financial models was instrumental in securing successful deals for the advisors. Our team collectively increased completed M&A transactions by 9.4% during my time there, benefiting clients through synergistic growth.

I am eager to leverage my enthusiasm and skillset to augment Capital One Securities’ position at the forefront of the financial sector. I look forward to discussing how my expertise can contribute to the growth and continued success of Capital One Securities and its client base. Thank you.

Liam Andersen

Enclosures: Resume Application Academic Transcript

Why this cover letter works

  • Follow this with a compelling narrative of relevant work experiences , backing up impacts made in previous workplaces using numbers, percentages, and revenues. Skills such as data analysis, financial statement and risk analysis, and software Python and Excel should suffice in your piece.

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Relax! We’ll do the heavy lifting to write your cover letter in seconds.

Investment Banking Internship Cover Letter Example

Investment banking internship cover letter example

Copy this text for your investment banking internship to your cover letter!

123 Fictional Avenue New York City, NY 10001 (123) 456-7890

Liam Harris JPMorgan Chase & Co. 123 Fictional Lane New York City, NY 10001

Dear Mr. Harris:

Influenced by the allure of the world of finance and its complex interplay of numbers, I spend my leisure hours tracking global economic indicators when I’m not thoroughly engrossed in my academic pursuit of finance. This fascination for finance and my keen interest in building personalized investment portfolios ignited my enthusiasm to be part of JPMorgan Chase & Co. as an investment banking valuation intern.

During my time at New York University, I honed my skills in Python to analyze complex financial datasets, proving instrumental to our team’s success in the annual Love Data Week competition. The models I developed contributed to us outperforming 52+ teams and winning by a margin of 3.2%.

As a research Intern at the NYU Stern School of Business, utilizing tools like Bloomberg Terminal and FactSet, I completed a research project on the impact of modern trade wars on international markets. The efforts culminated in a published paper that was well-received in academia.

Additionally, my coursework in statistical analysis spurred my interest in predicting financial trends. By employing these skills, I earned the second spot in the college’s annual forecast challenge, predicting S&P 500 performance with an accuracy level of 92.3%.

The idea of playing an indispensable part at the trailblazing vanguard of the finance industry exhilarates me to no end. I look forward to discussing my qualifications in detail at your earliest convenience. Thank you.

Zara Jafari

  • Of course, the majority of your piece will focus on academic accomplishments. But don’t just highlight your technical know-how. Briefly narrate instances where you translated classroom knowledge into tangible impact during class projects, competitions, simulations, and possibly an internship or volunteer program.

Investment Banking Analyst Cover Letter Example

Investment banking analyst cover letter example

Copy this text for your investment banking analyst cover letter!

123 Fictional Avenue Memphis, TN 38101 (123) 456-7890

Ava Wilson First Horizon National Corporation 123 Fictional Lane Memphis, TN 38101

Dear Ms. Wilson:

Responding to First Horizon National Corporation’s compelling belief that creating new horizons is critical to client success, I am eager to join your dynamic team of innovators as your next investment banking analyst. Firmly believing in the heightened potential that emerges when diverse insights merge and align toward a shared financial goal, I welcome the opportunity to collaborate with your team of skilled analysts and finance experts.

One of my skills, Comparable Company Analysis (CCA), helped me carve a significant niche at Raymond James. By applying such in-depth analyses, I was able to implement strategies that led to an annual yield increase of 7.3% for our locally focused portfolios, demonstrating the power of well-applied industry knowledge. Moreover, proficiency in pitch book preparation has augmented my communicative prowess, allowing me to clearly convey complex financial narratives. This proficiency manifested in more than just words, driving a 16.4% growth in local investments by effectively showcasing our value propositions to Memphis clients.

My firm grasp of capital structure analysis further complements these core competencies. Using Bloomberg Terminal and FactSet, I dissected intricate financial data at NewSouth Capital Management, which eventually reduced client portfolios’ cost of capital by 14.7%.

As seen from my history of aiding Memphis-based organizations like Bluff City Coffee & Bakery and Medtronic, I am committed to building solid relationships and paving ways for clients to reach their long-term financial objectives seamlessly.

Inspired and motivated by First Horizon’s dedication to guiding its clients toward fruitful opportunities, I look forward to contributing to your mission. I appreciate your consideration and look forward to discussing how my experiences and skills could further bolster the growth of First Horizon National Corporation.

Nina Petrovic

  • Go ahead and show off your professional arsenal (cue comparable company analysis, pitch book preparation, or capital structure analysis). Weaving in quantifiable wins, like an annual yield increase of 7.3%, anchors your credibility.

Related cover letter examples

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How to Format Investment Banking Cover Letter

Salesperson pops out of computer screen to depict outselling the competition with sales cover letter

When optimizing a client’s investment portfolio, you always ensure you account for their specific needs and financial situation to get them the best results. Take a similar approach to your investment banking cover letter. 

The job description will help you succeed here. It’ll outline the company’s mission and the top investment banking skills they’re looking for so you can include them in your cover letter to stand out.

For instance, you could explain how you’ll use your negotiation skills to help an automotive company continue expanding its market while achieving its goal of bringing fair vehicle prices to consumers.

bank analyst cover letter

Investment banking cover letter introduction

When meeting a client for the first time, you’d want to learn their name to instantly create a connection. You should do the same in your investment banking cover letter by trying to address a specific hiring manager by name, if you can find it in the job description or the company website.

Then, once you get into the opening paragraph, grab attention by referencing your passion for the company’s mission and the top skills they’re looking for, like financial modeling or using the Bloomberg Suite.

The example below will show you a cover letter that gets off to a good start but falls short when they don’t get into any specifics about the company’s investment banking needs.

Needs more details!

Dear Ms. Tyson,

I was pleased to see the investment banking opportunity your company has available. With my seven years of experience in the financial field, I believe I’ll be the right fit for your company’s needs.

An opener like the one below is a better option that relates directly to the applicant’s enthusiasm for First Horizon National Corporation’s dynamic and innovative investment banking team. 

A compelling and detailed opener!

Dear Ms. Wilson,

bank analyst cover letter

Investment banking cover letter body

Data is a crucial part of the decisions you make as an investment banker. It’s also pretty important to help you write a successful cover letter.

One of the best ways to optimize your body paragraphs is by sharing examples using metrics. For instance, you could explain how you used your market forecasting skills to help a portfolio of 125 clients grow their earnings by an average of 34% annually.

If you don’t have much work experience , you could also write about how your education in finance, accounting, or other related fields has equipped you for the role. For example, you could talk about how you analyzed statements of cash flows with 98% accuracy during your managerial accounting course.

A great body paragraph with data-driven performance!

bank analyst cover letter

Investment banking cover letter closing

After you wrap up a meeting with a client, you’d want to relate back to what you covered to ensure they’re up to speed on the next steps you’ll take when optimizing their investment portfolio. You should do the same with the closing of your cover letter by relating back to the essential job skills you emphasized, like private equity and market analysis, and how you connect with the company’s mission.

It’s also best practice to thank the hiring manager for their time and close with a light call to action like “I look forward to discussing the needs of this investment banking position with you further.”

The closer below doesn’t quite hit the mark since it’s missing the call to action or any specific details about the investment banking role.

Lacking impact with this one!

I believe my skills and experience will be of great value to your company’s growing investment banking needs. Thank you for taking the time to review my application.

Isaac Martens

A better closer is the one below that directly relates to Capital One Securities’ goal to grow in the financial sector and help its client base succeed. 

An impactful closer relating to the company’s mission! 

I am eager to leverage my enthusiasm and skillset to augment Capital One Securities’ position at the forefront of the financial sector. I look forward to discussing how my expertise can contribute to the growth and continued success of Capital One Securities and its client base. Thank you.

Sincerely, 

One page is the optimal length for investment banking cover letters. If you’re struggling to shorten it, try to focus on the primary needs of each job. For instance, if you’re applying to a commercial investment banking role, your M&A and equity research abilities may be essential to emphasize. 

Your investment banking cover letter should be customized for each job. It’ll help you stand out when applying to one company that works with high-yield bonds and another that specializes in structured financial management so you can present relevant skills for both. 

The best way to make job skills stand out is to include relevant ones to each company’s needs and share metrics-based examples of how you used them successfully in previous jobs. For instance, you could explain how you used S&P Capital IQ to help companies utilize their assets 54% more efficiently. 

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14 investment banking analyst cover letters.

Approved by real hiring managers, these Investment Banking Analyst cover letters have been proven to get people hired in 2024. A hiring manager explains why.

Hiring Manager for Investment Banking Analyst Roles

Table of contents

  • Investment Banking Analyst
  • Senior Investment Banking Analyst
  • Mergers & Acquisitions Analyst
  • Investment Banking Summer Analyst
  • Investment Banking Associate
  • Mergers and Acquisitions Analyst
  • Alternative introductions for your cover letter
  • Investment Banking Analyst resume examples

Investment Banking Analyst Cover Letter Example

Why this cover letter works in 2024, hands-on experience in finance.

Highlighting the hands-on experience gained during the internship shows the candidate's ability to apply their knowledge in a real-world setting. This is a valuable selling point for job seekers.

Quantifiable Accomplishment

Using specific numbers to quantify an accomplishment demonstrates the candidate's impact in their previous role. This can help hiring managers gauge the potential value the candidate can bring to their company.

Leadership Experience

Showing leadership experience in a team setting, even in an academic context, demonstrates the candidate's ability to work well with others and take charge when needed. This is an important quality for any role.

Genuine Excitement for the Role

Expressing genuine excitement for the role and company shows that the candidate is passionate about the job and not merely applying to any company. This can help the candidate stand out among other applicants.

Highlight your proven track record

When you mention the size of the portfolio you've managed and the improvement you've achieved, you are painting a picture of your capabilities. These concrete details reassure me that you've been successful in a similar role and that you know how to deliver results. It's particularly relevant for an Investment Banking Analyst role where portfolio management and performance improvement are key responsibilities.

Show off your specific skills

Identifying promising investment opportunities and providing detailed financial analysis are valuable skills in investment banking. By sharing that you've been recognized for these specific skills, you're telling me that you understand what's important in this line of work and that you excel at it. It's insights like these that make me want to learn more about you.

Align your goals with the company's mission

Injecting a healthy dose of your personal aspirations that align with the company's vision could be a winning strategy. You're not just talking about how great the company is, but you're emphasising your intent to contribute to their mission. This shows the hiring team that you've researched their values and you're invested in their cause.

Showcase your market knowledge

In a field like investment banking, having a solid grip on market trends is a valuable asset. When you show that you've honed skills that align with the company's strategic objectives, it implies your readiness to add value from day one. Be sure to highlight this in your cover letter.

Present a holistic skill set

When you talk about the different skills you've gained from past experiences, you show your versatility. Mentioning not only your technical skills but also your strategic insight shows you're a well-rounded candidate who can handle the multi-faceted aspects of the role.

Express your excitement about the role

Don't shy away from expressing your excitement about the job. It's not just about ticking off the job requirements, but demonstrating your enthusiasm to be a part of the team. This kind of genuine interest can help establish a personal connection with the hiring team.

Show your early interest in investment banking

Telling a story about how you first discovered investment banking makes your passion seem genuine and long-standing.

Connect your application to the firm's reputation

Mentioning why you're applying to this specific firm highlights you've done your homework and understand what makes the firm unique.

Detail your relevant experience

Describing specific experiences shows you have the practical skills needed for an investment banking analyst position.

Demonstrate readiness to contribute from day one

By linking your past experiences and coursework to the job, you illustrate you can start making valuable contributions immediately.

Express enthusiasm for the role

Showing excitement about the opportunity to join the firm emphasizes your eagerness and commitment to the position.

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Connect childhood interests to career goals

Starting with a personal story about how your childhood interests led to your career choice makes your cover letter memorable and shows a lifelong passion.

Demonstrate impact through internship experience

Describing how you made a tangible impact during your internship, such as identifying significant synergies, shows measurable achievements.

Illustrate efficiency and problem-solving skills

Sharing how you automated tasks to save time highlights your initiative to find solutions and improve efficiency.

Emphasize analytical skills and work ethic

Stressing your strong analytical skills and dedication demonstrates you have the right attitude and skill set for the dynamic field of investment banking.

End on a note of gratitude and eagerness

Thanking the reader and expressing eagerness to contribute to their success leaves a positive last impression.

Show your passion for finance

When you talk about your long-time interest in finance and the company's values, it shows you care about more than just a job.

Highlight your analytical skills

Mentioning your background in financial analysis and model building proves you have the hands-on skills needed for investment banking.

Demonstrate teamwork in investment clubs

Being active in an investment club not only showcases your analytical abilities but also your skill in working with others towards common goals.

Express excitement for the company culture

Explaining why the company's culture excites you makes it clear you're looking for a place where you can grow and contribute significantly.

End with a strong call to action

Asking for an opportunity to discuss how you can contribute shows initiative and a readiness to add value to their team.

Senior Investment Banking Analyst Cover Letter Example

Share your leadership and achievements.

Leading a team and growing a large portfolio shows me you're not just a contributor but a leader who can deliver. Furthermore, it demonstrates your ability to handle responsibility, which is a key attribute for a Senior Investment Banking Analyst. By stating your achievements, you're showing me your potential impact on our firm.

Connect experiences with required skills

Your experiences have honed your leadership skills and deepened your understanding of investment strategy and risk management – great! These are vital for a Senior Investment Banking Analyst role. By making this connection, you're telling me that not only do you have the right experience, but you've also gained the important skills needed for the job. That's a double win.

Mergers & Acquisitions Analyst Cover Letter Example

Express your ambition.

Expressing a strong desire to make an impact in the company shows you're not just looking for any job. It shows you're driven by purpose and have a clear vision of your future with the company. This can make you a more memorable candidate.

Highlight your strategic thinking

Highlighting your ability to see beyond the numbers and understand the bigger picture shows not just your technical skills, but your strategic thinking. In M&A, where evaluations and deal-making require a delicate balance of numbers and intuition, this is a crucial capability to emphasise.

Showcase your diverse experience

By detailing your experiences and skills from different roles, you show your adaptability and versatility, which are highly valued in the fast-paced world of M&A. It paints a picture of a well-rounded candidate with a wealth of expertise to bring to the role.

State your eagerness for the role

Stating your excitement about being a part of a leading team shows that you're not just in it for the job title; you genuinely value the opportunity to contribute to a high-performing team. This shows your willingness to go beyond the bare minimum and strive for excellence.

Investment Banking Summer Analyst Cover Letter Example

Share your lifelong passion for finance.

Talking about your early interest in finance helps to show your dedication and natural inclination towards the industry.

Highlight your investment banking skill set

Outlining the skills you've developed through coursework and extracurricular activities proves you have a strong foundation for success in investment banking.

Showcase leadership and financial management experience

Detailing your experience as a treasurer demonstrates your ability to lead and manage finances, both critical skills in investment banking.

Emphasize your eagerness to learn and contribute

Expressing excitement to learn from professionals at the firm shows you're not just looking for any job, but an opportunity to grow and make a difference.

Politely request further discussion

Ending your cover letter by thanking the employer for their consideration and seeking an opportunity to discuss your application further is a polite and professional way to close.

Connect your passion to the role

When you share a personal story about your excitement for the industry, it shows you're not just looking for any job – you're chasing a dream. This makes your application memorable.

Highlight your academic foundation

Pointing out your relevant major establishes a solid base, signaling that you've invested time in preparing yourself academically for the challenges of investment banking.

Show your direct impact

Mentioning how your work saved money demonstrates not just your ability to do the job, but to do it in a way that benefits your employer significantly.

Express eagerness to grow and contribute

Stating your desire to learn and add value reflects a growth mindset, which is highly attractive to employers looking for team members who will evolve and help the company advance.

Starting your cover letter with a story about how you got interested in investment banking makes your application memorable and personal.

Quantify your internship experience

Talking about specific projects and their scale demonstrates your capability to handle significant responsibilities and contribute to big deals.

Link leadership skills to banking

Describing your entrepreneurial experience highlights your leadership skills and how they can be an asset in a team-oriented and high-stakes environment.

Highlight your match with the firm's client focus

Showing your interest in the firm's specific approach to client management indicates you've done your homework and see where you can fit in.

Invite further discussion on your passion and dedication

Ending your cover letter by expressing your desire to contribute to the team's success leaves a lasting impression of your commitment.

Investment Banking Associate Cover Letter Example

Share your "aha" moment.

Talking about the moment you discovered your career path can make your cover letter more engaging. It shows me you have genuine passion.

Highlight specific investment banking skills

Detailing your experience with high-profile deals and technical skills like financial modeling tells me exactly what you bring to the table.

Show leadership and innovation in investment banking

When you talk about leading and improving processes, it paints a picture of you as a proactive and leadership-ready candidate.

Express eagerness for more responsibility

Mentioning your excitement for leading deal teams shows me you're ready to step up and tackle bigger challenges.

Polite closing with a forward look

A thank you note and an expression of looking forward to discussing your role further is a courteous and professional way to end your cover letter.

Show your real interest in investment banking

When you talk about how your interest started, it makes me see your passion. It's good to know you didn't just fall into this field; you chose it.

Highlight your big achievements

Talking about a specific deal, especially one as big as a $750 million transaction, shows you can handle big tasks. This is what we need in our investment banking associates.

Show how you solve problems

Describing your ability to find new ways to solve hard problems tells me you're not just good with numbers but also with thinking outside the box. This skill is important for creating deals that work for everyone.

Express excitement for the job

When you say you're excited to join our team, it makes me believe you'll bring good energy to the job. This enthusiasm can be contagious and drive the team to success.

Asking for an interview in a respectful way shows you're serious about wanting to join us. It also tells me you're ready to talk more about how you can help our investment banking team win.

Mergers and Acquisitions Analyst Cover Letter Example

Use personal anecdotes to engage.

Opening with a relatable story about your early negotiation skills draws the reader in, making your cover letter stand out by injecting personality and demonstrating an innate talent for the field.

Detail specific achievements

By highlighting a particular success story, you showcase your ability to identify and act on critical details others might miss, proving your value as a meticulous and strategic thinker.

Improve internal processes

Creating a new template that becomes a standard shows initiative and a knack for enhancing efficiency, traits that are invaluable in the fast-moving world of M&A.

Match your skills to the job's demands

Outlining how your traits fit the role's requirements demonstrates that you've researched the position and understand what it takes to succeed, making it easier for the hiring manager to envision you in the role.

Express genuine interest in the role

Conveying enthusiasm about the opportunity to contribute to the company's objectives indicates that you're not just looking for any position, but you're specifically interested in what this role and company have to offer.

Alternative Introductions

If you're struggling to start your cover letter, here are 6 different variations that have worked for others, along with why they worked. Use them as inspiration for your introductory paragraph.

Cover Letters For Jobs Similar To Investment Banking Analyst Roles

  • Investment Banking Analyst Cover Letter Guide
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bank analyst cover letter

Thank you for the checklist! I realized I was making so many mistakes on my resume that I've now fixed. I'm much more confident in my resume now.

bank analyst cover letter

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Investment Banking Cover Letter Template

Free cover letter template to help you break into Investment Banking (IB)

Rohan Arora

Mr. Arora is an experienced private equity investment professional, with experience working across multiple markets. Rohan has a focus in particular on consumer and business services transactions and operational growth. Rohan has also worked at Evercore, where he also spent time in private equity advisory.

Rohan holds a BA (Hons., Scholar) in Economics and Management from Oxford University.

Christopher Haynes

Chris currently works as an investment associate with Ascension Ventures, a strategic healthcare venture fund that invests on behalf of thirteen of the nation's leading health systems with $88 billion in combined operating revenue. Previously, Chris served as an investment analyst with New Holland Capital, a hedge fund-of-funds  asset management  firm with $20 billion under management, and as an investment banking analyst in  SunTrust Robinson Humphrey 's Financial Sponsor Group.

Chris graduated Magna Cum Laude from the University of Florida with a Bachelor of Arts in Economics and earned a Master of Finance (MSF) from the Olin School of Business at Washington University in St. Louis.

  • Investment Banking Cover Letter Template: Advice From The WSO Community

Why Do Cover Letters Matter?

  • Less Is More For Cover Letters

The Hail Mary Cover Letter

  • WSO Cover Letter Template

Attached at the bottom of this post is the FREE investment banking cover letter template that is sometimes used for WSO cover letter review clients.

We have decided to make it free to help those of you that can't afford a more tailored service .

This cover letter template uses bullets to keep the points succinct and format easy to read .

You'll also notice that the header matches the WSO  investment banking resume template format.

Investment Banking Cover Letter Template

Investment Banking Cover Letter Template: Advice from the WSO Community

Here's what you need to know about the IB cover letters from our community.

CompBanker: The cover letter holds almost no weight, other than to put you at risk for being dinged. Make it very simple, very bland, and just say all the usual things. If you have mistakes in it or make outrageous claims, your cover letter will be circulated and laughed at.

Like @CompBanker said, you won't get the interview with your cover letter .

Your goal for the cover letter isn't to single-handedly land you an interview with your eloquence and grandiose; it's to check the box and make sure it's proper enough that it doesn't get you dinged .

bank analyst cover letter

The Only Program You Need to Land in High Finance Careers

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Less Is More for Cover Letters

Our users shared great input on why 'less is more' when it comes to cover letters.

bkm125: What you really want people to be looking at is the resume. The longer your cover letter is the larger the chance that you'll have a typo or say something stupid. Just tell them what job you're applying for, who you've been in touch with at the firm, and maybe a few sentences about your qualifications and lock up the deal with a solid resume.

bank analyst cover letter

K.I.S.S: Keep It Simple Stupid.

Mention who you've talked to at the firm , your interest in the job, your qualifications , and briefly (very briefly) explain any gaps in your resume .

Avoid excuses , more on this later.

Two or three paragraphs is all you need for that. Any more than that , and you're giving them potential reasons to ding you .

Here's some great advice from @blackice".

blackice: The best thing you can do is name drop people you have talked to. That way I know you have done your homework, and I can ask the person you talked to how your chat was. I think cover letters are better when they are focused on your past work experience as opposed to general and arbitrary sentiments about how you are a "hard worker and team player with a strict attention to detail".

If you've talked to someone at the firm and they'd remember you, DO namedrop them in your cover letter.

bank analyst cover letter

Common Cover Letter Mistakes

Here are some of the usual mistakes candidates make in their cover letter as mentioned by our member @qonnect.me.

This is an example of an excuse in a cover letter:

"I realize I have more professional experience in technology than in finance. I believe that was just due to bad luck due to graduating from my MBA program at the height of the 'Great Recession '. However, I am 100% committed and motivated to prove myself in a finance position."

bank analyst cover letter

Bad luck? No, it's the shitty and difficult-to-read resume , cover letter , and 'research reports' that are the issue .

What goes on in the recruiters head: I'm almost certain you would be a terrible employee just by the quality of the work you sent me in a cold email . You graduated from college 10 years ago, by the way. I remember at least a few of those as being pretty good years. If you were halfway decent, you could have squeaked in the industry in more than a few of those years.

Please do not pin all of your circumstance on luck , especially in a cover letter .

Even if the reader is a big believer in luck , you're telling him you're unlucky .

Who wants to hire someone who's unlucky? It seems the bad luck streak started in utero, if you ask us.

Revealing Your Ignorance:

Even worse than just plain ignorance, is the below quote from an attached research report that a candidate had written. Since he thought it was worth including, I assume the report was something he was proud of, but it was cringe-worthy.

"I am placing a STRONG BUY recommendation on [company]. ("ticker") and believe that [the company], at the current price of $10.00, trades at a 123% discount to my estimated fair market value of $22.30" (Both made up numbers to scale to the actual numbers listed in the 'report')

bank analyst cover letter

The report should have never been attached .

It made a weak applicant look even worse . He's clearly never done anything but 'book learn' on these subjects. It's painfully obvious by reading the report. He uses four valuation methodologies on the stock with the sole intention of showing that he knows more than one valuation method .

If you're thinking of including a research report on a company when you're cold emailing people, it's a high-risk strategy. Your research probably sucks unless you've been doing it professionally. If there is any doubt at all about including a 'research report', do not do it.

Side note: The research report had a lot of opinions and not a lot of facts, and it lacked connections between really basic facts about the current state of the business to the 'projections'.

If you don't think you have a chance to get the job, you can toss a Hail Mary with your cover letter .

Here's a cover letter an audacious undergrad used in an effort to stand out and grab the attention of its reader .

A big swing that's either a hit or miss . We don't recommend using this cover letter unless you lack the slightest chance of getting the interview in the first place.

Dear BLOCKED, My name is (BLOCKED), and I am an undergraduate finance student at (BLOCKED). I met you the summer before last at Smith & Wollensky's in New York when I was touring the east coast with my uncle, (BLOCKED). I just wanted to thank you for taking the time to talk with me that night. I am writing to inquire about a possible summer internship in your office. I am aware it is highly unusual for undergraduates from average universities like (BLOCKED) to intern at (BLOCKED), but nevertheless, I was hoping you might make an exception. I am extremely interested in investment banking and would love nothing more than to learn under your tutelage. I have no qualms about fetching coffee, shining shoes, or picking up laundry, and will work for next to nothing. In all honesty, I just want to be around professionals in the industry and gain as much knowledge as I can. I won't waste your time inflating my credentials, throwing around exaggerated job titles, or feeding you a line of crap (sic) about how my past experiences and skill set align perfectly for an investment banking internship . The truth is I have no unbelievably special skills or genius eccentricities, but I do have a near perfect GPA and will work hard for you. I've interned for Merrill Lynch in the Wealth Management Division and taken an investment banking class at (BLOCKED), for whatever that is worth. I am currently awaiting admission results for (BLOCKED) Masters of Science in Accountancy program, which I would begin this fall if admitted. I am also planning on attending law school after my master's program, which we spoke about in New York. I apologize for the blunt nature of my letter, but I hope you seriously consider taking me under your wing this summer. I have attached my resume for your review. Feel free to call me at (BLOCKED) or email at (BLOCKED). Thank you for your time. Sincerely, BLOCKED.

Interested in Investment Banking - Breaking In

bank analyst cover letter

If you want to break into investment banking, you need to be well-prepared for the technical aspects of the interview. We advise you to check out our  Free Investment Banking Interview Guide  first, before investing in  our paid course , so that you have an idea of what to expect.

Two common mistakes that candidates make while recruiting for IB: 

  • Using phrasing like "After my summer analyst stint, I learned the entire deal execution process...", "I am extremely proficient in Excel and financial modeling ...", etc. You get the idea. Be confident, but don't over-emphasize anything out of the scope of your ability to speak to it.
  • Not enough emphasis on teamwork. This is important. People should know that you are able to work with others. This is easy to incorporate, just give a brief two sentence overview of what your team structure was and why it made sense.

IB Technical Interview Course

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More Resources:

We hope this template helps you land that dream IB job ! Please check out the following additional resources to help you advance your career:

  • Investment Banking Interview Questions
  • Private Equity Resume Template
  • Hedge Fund Resume Template
  • Consulting Resume Template
  • Investment Banking R esume Template
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bank analyst cover letter

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Investment Banking Analyst Cover Letter: Sample & Guide [Entry Level + Senior Jobs]

Create a standout investment banking analyst cover letter with our online platform. browse professional templates for all levels and specialties. land your dream role today.

Investment Banking Analyst Cover Letter Example

Are you looking to break into the world of investment banking? Our guide to writing an Investment Banking Analyst Cover Letter will help you put your best foot forward and stand out from the competition. Learn how to structure your letter, what to include, and how to make yourself an attractive candidate.

We will cover:

  • How to write a cover letter, no matter your industry or job title.
  • What to put on a cover letter to stand out.
  • The top skills employers from every industry want to see.
  • How to build a cover letter fast with our professional Cover Letter Builder .
  • What a cover letter template is, and why you should use it.

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Investment Banking Analyst Cover Letter Sample

Dear [Recruiter],

I am writing to apply for the Investment Banking Analyst position at [Company Name], as advertised on [Job Portal]. I am confident that my strong analytical, financial, and problem-solving skills make me an ideal fit for this role.

I recently graduated from [University] with a degree in Finance and Accounting. During my studies, I gained an in-depth understanding of financial analysis and modeling, and I have applied my knowledge in various roles since then. For the past two years, I have been working as an Investment Banking Analyst at [Company], where I have been responsible for analyzing and presenting financial data to support strategic decision-making. I have also successfully managed numerous projects from start to finish, including the financial restructuring of a major corporation.

I am an excellent communicator and I have extensive experience in managing stakeholder relations. I am comfortable working with clients from diverse backgrounds and I am adept at presenting complex financial concepts in a clear and concise manner. I have a proven track record of providing accurate and timely advice to clients, and I am confident that I can bring the same level of performance to [Company Name].

In addition to my professional qualifications, I am proficient in Microsoft Excel and other financial software. I am also well-versed in various financial analysis techniques, such as discounted cash flow analysis and ratio analysis.

I am excited by the prospect of joining [Company Name], and I am confident that I can be an asset to your team. I have attached my resume for your review. I look forward to hearing from you and discussing my candidacy further.

Thank you for your time and consideration.

[Your Name]

Why Do you Need a Investment Banking Analyst Cover Letter?

  • A Investment Banking Analyst cover letter is a great way to introduce yourself to a potential employer and showcase your relevant skills and experience.
  • It is important to highlight your qualifications and what makes you a great candidate for the job.
  • Your cover letter should also provide a brief overview of your background and explain why you are the right person for the role.
  • A cover letter is a great way to make a lasting impression and demonstrate to a potential employer that you are serious about the position.
  • It is also an opportunity to explain why you are a great fit for the company and how you can help the company to reach its goals.

A Few Important Rules To Keep In Mind

  • Start your cover letter with a strong introduction that explains why you are a great fit for the position.
  • Describe your experience with investment banking and how it relates to the job you are applying for.
  • Focus on how you can bring value to the company and position.
  • Highlight any skills or qualifications that are relevant to the role.
  • Include specific examples of how you have used your investment banking skills in the past.
  • Keep your letter concise and to the point, and don’t exceed one page.
  • Proofread your cover letter carefully before submitting it to ensure accuracy.
  • Follow up with the hiring manager after submitting your cover letter.

What's The Best Structure For Investment Banking Analyst Cover Letters?

After creating an impressive Investment Banking Analyst resume , the next step is crafting a compelling cover letter to accompany your job applications. It's essential to remember that your cover letter should maintain a formal tone and follow a recommended structure. But what exactly does this structure entail, and what key elements should be included in a Investment Banking Analyst cover letter? Let's explore the guidelines and components that will make your cover letter stand out.

Key Components For Investment Banking Analyst Cover Letters:

  • Your contact information, including the date of writing
  • The recipient's details, such as the company's name and the name of the addressee
  • A professional greeting or salutation, like "Dear Mr. Levi,"
  • An attention-grabbing opening statement to captivate the reader's interest
  • A concise paragraph explaining why you are an excellent fit for the role
  • Another paragraph highlighting why the position aligns with your career goals and aspirations
  • A closing statement that reinforces your enthusiasm and suitability for the role
  • A complimentary closing, such as "Regards" or "Sincerely," followed by your name
  • An optional postscript (P.S.) to add a brief, impactful note or mention any additional relevant information.

Cover Letter Header

A header in a cover letter should typically include the following information:

  • Your Full Name: Begin with your first and last name, written in a clear and legible format.
  • Contact Information: Include your phone number, email address, and optionally, your mailing address. Providing multiple methods of contact ensures that the hiring manager can reach you easily.
  • Date: Add the date on which you are writing the cover letter. This helps establish the timeline of your application.

It's important to place the header at the top of the cover letter, aligning it to the left or center of the page. This ensures that the reader can quickly identify your contact details and know when the cover letter was written.

Cover Letter Greeting / Salutation

A greeting in a cover letter should contain the following elements:

  • Personalized Salutation: Address the hiring manager or the specific recipient of the cover letter by their name. If the name is not mentioned in the job posting or you are unsure about the recipient's name, it's acceptable to use a general salutation such as "Dear Hiring Manager" or "Dear [Company Name] Recruiting Team."
  • Professional Tone: Maintain a formal and respectful tone throughout the greeting. Avoid using overly casual language or informal expressions.
  • Correct Spelling and Title: Double-check the spelling of the recipient's name and ensure that you use the appropriate title (e.g., Mr., Ms., Dr., or Professor) if applicable. This shows attention to detail and professionalism.

For example, a suitable greeting could be "Dear Ms. Johnson," or "Dear Hiring Manager," depending on the information available. It's important to tailor the greeting to the specific recipient to create a personalized and professional tone for your cover letter.

Cover Letter Introduction

An introduction for a cover letter should capture the reader's attention and provide a brief overview of your background and interest in the position. Here's how an effective introduction should look:

  • Opening Statement: Start with a strong opening sentence that immediately grabs the reader's attention. Consider mentioning your enthusiasm for the job opportunity or any specific aspect of the company or organization that sparked your interest.
  • Brief Introduction: Provide a concise introduction of yourself and mention the specific position you are applying for. Include any relevant background information, such as your current role, educational background, or notable achievements that are directly related to the position.
  • Connection to the Company: Demonstrate your knowledge of the company or organization and establish a connection between your skills and experiences with their mission, values, or industry. Showcasing your understanding and alignment with their goals helps to emphasize your fit for the role.
  • Engaging Hook: Consider including a compelling sentence or two that highlights your unique selling points or key qualifications that make you stand out from other candidates. This can be a specific accomplishment, a relevant skill, or an experience that demonstrates your value as a potential employee.
  • Transition to the Body: Conclude the introduction by smoothly transitioning to the main body of the cover letter, where you will provide more detailed information about your qualifications, experiences, and how they align with the requirements of the position.

By following these guidelines, your cover letter introduction will make a strong first impression and set the stage for the rest of your application.

Cover Letter Body

Dear [Hiring Manager],

I am writing to express my interest in the Investment Banking Analyst position at [Company Name]. I believe my enthusiasm and drive to succeed, combined with my financial analysis and project management skills, make me an ideal candidate for this role.

I have spent the past [number] years working as an Investment Banking Analyst for [Investment Bank], where I have developed a wide range of skills that will be of great benefit to your team. My responsibilities included developing financial models, analyzing financial markets, conducting due diligence, and presenting findings to senior management. I have also gained experience in preparing financial statements, negotiating deals, and managing client relationships.

I have also been successful in leading complex projects from start to finish, with a focus on quality and timely completion. An example of my success is when I led a team that was charged with analyzing and presenting the effects of a new regulation on our company’s business operations. We presented our findings to senior management, which led to a successful implementation of our recommendations.

In addition to my experience, I hold a Bachelor’s degree in [Finance] from [University]. I am also proficient in a variety of financial software applications, such as Microsoft Excel, Access and PowerPoint. I am confident that I am the best candidate for this position and look forward to discussing my qualifications with you in more detail.

Thank you for your time and consideration. Please feel free to contact me if you have any questions or require any additional information.

Sincerely, [Your Name]

Complimentary Close

The conclusion and signature of a cover letter provide a final opportunity to leave a positive impression and invite further action. Here's how the conclusion and signature of a cover letter should look:

  • Summary of Interest: In the conclusion paragraph, summarize your interest in the position and reiterate your enthusiasm for the opportunity to contribute to the organization or school. Emphasize the value you can bring to the role and briefly mention your key qualifications or unique selling points.
  • Appreciation and Gratitude: Express appreciation for the reader's time and consideration in reviewing your application. Thank them for the opportunity to be considered for the position and acknowledge any additional materials or documents you have included, such as references or a portfolio.
  • Call to Action: Conclude the cover letter with a clear call to action. Indicate your availability for an interview or express your interest in discussing the opportunity further. Encourage the reader to contact you to schedule a meeting or provide any additional information they may require.
  • Complimentary Closing: Choose a professional and appropriate complimentary closing to end your cover letter, such as "Sincerely," "Best Regards," or "Thank you." Ensure the closing reflects the overall tone and formality of the letter.
  • Signature: Below the complimentary closing, leave space for your handwritten signature. Sign your name in ink using a legible and professional style. If you are submitting a digital or typed cover letter, you can simply type your full name.
  • Typed Name: Beneath your signature, type your full name in a clear and readable font. This allows for easy identification and ensures clarity in case the handwritten signature is not clear.

Common Mistakes to Avoid When Writing an Investment Banking Analyst Cover Letter

When crafting a cover letter, it's essential to present yourself in the best possible light to potential employers. However, there are common mistakes that can hinder your chances of making a strong impression. By being aware of these pitfalls and avoiding them, you can ensure that your cover letter effectively highlights your qualifications and stands out from the competition. In this article, we will explore some of the most common mistakes to avoid when writing a cover letter, providing you with valuable insights and practical tips to help you create a compelling and impactful introduction that captures the attention of hiring managers. Whether you're a seasoned professional or just starting your career journey, understanding these mistakes will greatly enhance your chances of success in the job application process. So, let's dive in and discover how to steer clear of these common missteps and create a standout cover letter that gets you noticed by potential employers.

  • Not customizing the cover letter for the specific job
  • Not highlighting relevant skills and experiences
  • Including irrelevant information
  • Failing to proofread and edit the cover letter
  • Using overly complex language or jargon
  • Neglecting to include the company’s information
  • Not addressing the cover letter to a specific person
  • Using a generic greeting such as “To whom it may concern”
  • Failing to explain why you are interested in the position
  • Not demonstrating enthusiasm for the job
  • Including typos or grammatical errors

Key Takeaways For an Investment Banking Analyst Cover Letter

  • Highlight your relevant experience and knowledge of the industry
  • Emphasize your analytical and problem-solving skills
  • Demonstrate your understanding of the company's financial and strategic objectives
  • Showcase your ability to work with a team and manage multiple projects simultaneously
  • Illustrate your success in using financial models to make sound investment decisions
  • Explain your knowledge of equity and debt markets
  • Highlight your proficiency in financial analysis and financial reporting
  • Communicate your enthusiasm and commitment for working in the investment banking sector

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Banking Business Analyst Cover Letter Example

Writing a cover letter for a banking business analyst job can be a daunting task. However, with the right guidance and some helpful tips, you can craft a unique and successful cover letter that will boost your chances of getting hired. This guide will provide an overview of cover letter structure, what information to include, and an example of a banking business analyst cover letter. By following the advice in this article, you can make sure that your cover letter will get you noticed.

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Banking Business Analyst Cover Letter Sample

Dear [Hiring Manager],

I am writing to apply for the position of Banking Business Analyst at [Company Name], and I am confident that I possess the skills and experience you are seeking.

As a professional with a degree in Business and a proven track record of success in banking business analysis, I am a confident and skilled candidate for this role. In my current position, I have been leading a team of analysts in a variety of banking and financial transactions, consulting, and project management. I have a deep understanding of the banking industry and have provided financial analysis and technical support to clients in a variety of legal and regulatory settings.

I have the ability to accurately interpret data, develop strategies and produce actionable reports, and I am adept at implementing new technologies and identifying opportunities to improve processes. I am a critical thinker and possess excellent problem- solving skills. I am also highly organized and able to manage multiple projects and tasks simultaneously.

I am confident that I can bring my knowledge and experience to your team and be a positive asset to your organization. I am eager to discuss my qualifications and abilities in further detail and look forward to hearing from you.

Thank you for your time and consideration.

[Your Name]

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What should a Banking Business Analyst cover letter include?

A Banking Business Analyst cover letter should provide employers with a quick overview of your professional experience and qualifications, and should explain why you are the ideal candidate for the position. It should begin by introducing yourself, and providing employers with an overview of your career, including any banking- related experience you have. Following that, you should discuss the key skills and qualifications you possess that make you the ideal fit for the position at hand. Additionally, you should explain why you are passionate about the role, and how your experience and qualifications can benefit the organization. Finally, you should thank the employer for considering you for the position and provide your contact information so they can further discuss the opportunity.

Banking Business Analyst Cover Letter Writing Tips

Writing a cover letter is one of the most important steps in applying for a job in the banking sector. As a business analyst, you must ensure your cover letter stands out from the crowd in order to get the attention of the employer. Here are some tips to help you write an effective cover letter for a banking business analyst position.

  • Highlight Your Strengths: Use your cover letter to make the case for why you are the ideal candidate for the job. Describe your qualifications and experiences that make you an excellent fit for the specific job you are applying for.
  • Share Your Accomplishments: Don’t forget to include your relevant achievements in the banking sector. Use this opportunity to demonstrate your value and how you have solved complex challenges in the past. This will help you stand out from the competition.
  • Utilize Keywords: Make sure to research the job description and incorporate keywords that are featured in it. This will help the hiring manager recognize your qualifications and recognize that you are a good fit for the job.
  • Showcase Your Personality: Use the cover letter to showcase your unique personality and how it can benefit the organization. Highlight the skills and qualities that make you a great asset to the team and emphasize how you can help the company succeed.
  • Keep It Concise: Don’t forget to keep your cover letter to one page. Your letter should be concise, clear, and to- the- point. Avoid any unnecessary information or filler statements.

Following these tips will help you create an effective cover letter for your banking business analyst position. Be sure to tailor your letter to the specific job opening and highlight your strengths and accomplishments. Good luck!

Common mistakes to avoid when writing Banking Business Analyst Cover letter

Writing a cover letter as a Banking Business Analyst is a key step in the job application process. You need to make sure your cover letter stands out and accurately reflects your qualifications, skills, and experience. To help you craft an effective cover letter, here are some common mistakes to avoid:

  • Not Personalizing Your Letter: Generic cover letters are easy to spot, and they don’t demonstrate your commitment to the role. To make sure your letter resonates with your prospective employer, tailor your letter to the job description.
  • Not Explaining Your Value: Cover letters are an opportunity to highlight the skills, accomplishments, and experience you bring to the table. Rather than simply listing your qualifications, explain how they make you an ideal fit for the role.
  • Not Researching the Company: Before writing your cover letter, take the time to research the company and the position. This will help you demonstrate how your skills and experience can help the company meet its needs and goals.
  • Using the Wrong Tone: It’s important to maintain a friendly yet professional tone in your cover letter. Avoid using overly casual language and jargon that may not be familiar to your reader.
  • Focusing Too Much on Yourself: Cover letters should not be overly focused on your own accomplishments and experience. Demonstrate how you can bring value to the company you’re applying to and how your skills can help them reach their goals.
  • Making Spelling and Grammar Errors: Before submitting your cover letter, make sure to carefully proofread it for any spelling or grammar errors. It’s a good idea to get a second set of eyes to look it over and provide feedback.

By avoiding these common mistakes, you can make sure your Banking Business Analyst cover letter stands out and makes a great impression. Good luck with your job search!

Key takeaways

Writing a cover letter for a banking business analyst role is one of the most important steps in the job application process. A great cover letter can help you get the attention of hiring managers and stand out from the competition. Here are some key takeaways for writing an impressive banking business analyst cover letter:

  • Make sure to customize your cover letter to the specific position you are applying for. A generic cover letter is not likely to make a strong impression.
  • Highlight your relevant skills and experience that make you a good fit for the role. Do your research on the job requirements and use that knowledge to make sure you are emphasizing the right information in your cover letter.
  • Show your enthusiasm and interest in the role. Demonstrate that you understand the role and the organization and why you believe you would be a great asset.
  • Keep your cover letter concise and to the point. Don’t go on for pages – recruiters often don’t have the time to read a lengthy document.
  • Use a professional and friendly tone throughout. A well- written, friendly and professional cover letter will help you leave a lasting impression with the hiring managers.
  • Make sure to proofread your cover letter before you submit it. Typos and grammatical errors are often a deal breaker for recruiters.
  • Finally, don’t forget to thank the hiring managers for their time. A polite and professional thank you can make all the difference.

By following these key takeaways, you can create an impressive cover letter for your banking business analyst role and increase your chances of getting the job.

Frequently Asked Questions

1. how do i write a cover letter for an banking business analyst job with no experience.

Writing a cover letter for a Banking Business Analyst job with no experience can be a challenge. However, you can still make a great impression by focusing on your transferable skills and how they can be beneficial to the company. Begin your letter with a strong introduction that emphasizes your enthusiasm for the position, and then explain why you are the perfect fit for the job. Highlight your professional skills and experiences, such as organization, problem- solving, communication, and analysis, and how they are applicable to the role. Lastly, thank the employer and mention you look forward to hearing from them.

2. How do I write a cover letter for an Banking Business Analyst job experience?

If you have prior experience working as a Banking Business Analyst, you can use your cover letter to emphasize your experience and demonstrate how it can add value to the organization. Begin your cover letter by expressing your excitement for the position and the company. Then, explain why your past experience makes you the ideal candidate. Be sure to include examples of successful projects you have worked on, challenges you have overcome, and key skills you can bring to the role. Lastly, thank the employer for considering your application.

3. How can I highlight my accomplishments in Banking Business Analyst cover letter?

When highlighting your accomplishments in a Banking Business Analyst cover letter, it is important to be specific and provide concrete examples. Start by mentioning your major achievements and qualifications that set you apart from other applicants. Describe the successful projects you have worked on, the challenges you have overcome, and the knowledge and skills you possess that are related to the position. For example, you might talk about how you have improved efficiency or streamlined processes in a prior role.

In addition to this, be sure to check out our cover letter templates , cover letter formats ,  cover letter examples ,  job description , and  career advice  pages for more helpful tips and advice.

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Investment Banking Analyst Cover Letter Example

Though you have a targeted resume to apply for a job, you must send a target cover letter and it. A cover letter will typically showcase you as the best candidate in the pool of competitors. Your Investment Banking Analyst Cover Letter should demonstrate your proven experience in a similar role and profound understanding of investment strategies. We have given below a solid Investment Banking Analyst Cover Letter Sample to help you qualify for the personal round of interviews through your cover letter.

An Investment Banking Analyst’s role is to evaluate the investment banking transactions, develop reports and presentations, and recommend offerings to the upper management.

Investment Banking Analyst Cover Letter example

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What to Include in a Investment Banking Analyst Cover Letter?

Roles and responsibilities.

Several typical job responsibilities of an Investment Banking Analyst are penned down hereunder:

  • Formulate financial models for the valuation of debt and equity capital for acquisitions, mergers, and fundraising transactions.
  • Provide suggestions over private equity transactions, takeovers, and mergers, etc. to the top officials.
  • Develop comprehensive reports for the review of the clients.
  • Build and maintain a professional relationship with the clients and key stakeholders involved in the deal.
  • Carry out thorough research for assessing the latest market trends.
  • Prepare presentations for the stakeholders.

Education & Skills

Investment banking analyst skills:.

  • Ability to work and execute deals under limited supervision.
  • Incredible communication skills to convey relevant information to the clients.
  • Strong comprehension ability to understand the requirements of the clients.
  • Remarkable writing and presentation skills to develop the reports and present presentations before the clients.
  • Outstanding researching skills to gather all the pertinent facts and figures related to the ongoing deal.
  • Capable of keeping abreast with the recent market changes and developments.
  • Amazing analytical approach to devise all the deal-related possibilities and forecast their outcomes.

Investment Banking Analyst Educational Requirements:

  • Bachelor’s degree in business administration, finance, or similar stream.
  • Master’s degree in economics, commerce, finance, or related field.
  • Prior experience of 2-3 years in the investment banking industry.
  • Computer proficiency.
  • Solid understanding of the market trends, mergers, acquisitions, etc.

Investment Banking Analyst Cover Letter Example (Text Version)

Dear Mr./Ms.,

I want to present my candidature for the role of Investment Banking Analyst available with your firm. I feel that my experience level, expert knowledge of the industry, and a keen interest in joining your firm are definitely in congruence with your job summary provided on LinkedIn.com.

Please pay a glance at the below section comprising of my essential contributions in the current role:

  • Provide assistance to the senior banking officials on various corporate finance transactions such as IPOs, private placements, mergers, takeovers, and valuations.
  • Manage the corporate projects.
  • Conduct market research.
  • Develop reports and documents for the review of the concerned parties.
  • Carry out financial assessment and modeling.
  • Ensure that the deal is executed within the specified time limit.
  • Perform other duties as instructed by the manager.

Additionally, I am fully acquainted with researching, analyzing, and interpreting finance trends, well-aware of investment strategies, and MS-Office proficiency. I have developed several core skills such as analytical mindset, self-motivation, and unparalleled work commitment to qualify as your Investment Banking Analyst role.

I want to thank you for considering me as a strong prospect for the vacant role. Please accept my resume attached below. I hope to discuss further what strengths I can bring to the organization to realize its long-term revenue goals.

Best Regards, [Your Name]

Your cover letter should engage the potential employer by involving your core skills such as a profound understanding of investment products and strategies along with the ability to interpret the market trends based on data analysis. We can help you draft the best resume through our attention-grabbing Investment Banking Analyst Resume Sample .

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Banking Analyst Cover Letter Examples

A great banking analyst cover letter can help you stand out from the competition when applying for a job. Be sure to tailor your letter to the specific requirements listed in the job description, and highlight your most relevant or exceptional qualifications. The following banking analyst cover letter example can give you some ideas on how to write your own letter.

Banking Analyst Cover Letter Example

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Cover Letter Example (Text)

Jovona Offerman

(194) 576-0888

[email protected]

Dear Anastacia Mccrorey,

I am writing to express my keen interest in the Banking Analyst position at JPMorgan Chase & Co. With a solid foundation of five years of experience at Goldman Sachs Group, Inc., I have honed my analytical skills and developed a deep understanding of the banking industry, which I am eager to bring to your esteemed team.

During my tenure at Goldman Sachs, I was immersed in a dynamic environment that demanded precision, quick decision-making, and a thorough understanding of financial markets. I have been actively involved in developing financial models, conducting complex analyses on various investment opportunities, and delivering strategic recommendations that have directly contributed to the success of our clients and the firm. My dedication to staying abreast of market trends and regulatory changes has enabled me to provide insightful analyses and ensure that our strategies are both innovative and compliant.

In addition to my technical skills, I have demonstrated strong collaboration and communication abilities. Working closely with cross-functional teams, I have learned the importance of bringing together diverse perspectives to achieve the best outcomes. I pride myself on my ability to distill complex financial data into clear, actionable insights that can be easily understood by stakeholders at all levels, a skill that I understand is highly valued at JPMorgan Chase & Co.

I am particularly attracted to the opportunity at JPMorgan Chase & Co. because of your commitment to excellence and leadership in the industry. I am excited about the prospect of contributing to a team that is known for its innovative approaches to banking and finance. I am confident that my background, combined with my passion for finance and drive for continued learning, will enable me to make a meaningful contribution to your company.

I look forward to the possibility of discussing how my experience and skills align with the needs of your team. Thank you for considering my application. I am eager to bring my expertise to JPMorgan Chase & Co. and am hopeful for the opportunity to contribute to your continued success.

Warm regards,

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Banking Business Analyst Cover Letter Sample

Get more job offers & find ideas for your next cover letter with our free, expertly drafted Banking Business Analyst cover letter sample. Use this cover letter example as it is or rewrite it directly in our proven and tested cover letter maker.

Milan Šaržík — Certified Professional Résumé Writer

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Banking Business Analyst Cover Letter Sample (Full Text Version)

Rauni Viinanen

Dear Hiring Managers,

I am writing to express my interest in the Banking Business Analyst position at Kennes Bank Group, Inc. in London. With a strong background in finance, market analysis, and business growth strategies, I am confident in my ability to contribute effectively to your team and organization.

My name is Rauni Viinanen, and I am a dedicated finance professional with a proven track record of success in project management, financial analysis, and team leadership. During my time at Liberty Bank, Ltd, I excelled in completing projects on time and within budget, while also contributing to the development of new business analysis systems.

I am a graduate of the University of Reading with a degree in Business & Management with Economics, and I hold a certification as a Business Analysis Professional. I am proficient in the necessary software programs for this role, including Canopus EpaySuite, NexorOne, and EBANQ.

I have attached my resume for your review and would be happy to discuss my qualifications further. Thank you for considering my application. I look forward to the opportunity to speak with you.

Milan Šaržík — Certified Professional Résumé Writer

Milan Šaržík, CPRW

Milan’s work-life has been centered around job search for the past three years. He is a Certified Professional Résumé Writer (CPRW™) as well as an active member of the Professional Association of Résumé Writers & Careers Coaches (PARWCC™). Milan holds a record for creating the most career document samples for our help center – until today, he has written more than 500 resumes and cover letters for positions across various industries. On top of that, Milan has completed studies at multiple well-known institutions, including Harvard University, University of Glasgow, and Frankfurt School of Finance and Management.

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COMMENTS

  1. Investment Banking Cover Letter Template + Tips

    Overall. Keep your cover letter compact and avoid 0.1″ margins and size 8 font. With resumes you can get away with shrinking the font sizes and margins if you really need to fit in extra information, but this is questionable with cover letters. Go for 0.75″ or 1″ margins and at least size 10 font. With resumes there were a couple ...

  2. Best Banking Analyst Cover Letter Example for 2023

    A banking analyst cover letter is an important tool for conveying your professional qualifications to a potential employer. As such, it is essential to include all relevant information about your experience and skills in order to make a strong impression.

  3. Banking Analyst Cover Letter Example (Free Guide)

    Our Banking Analyst Cover Letter Guide can help you craft a winning cover letter. Our guide provides all the tips and advice you need to create an effective job application tailored to your unique skills and experience. With our comprehensive guide, you'll be able to showcase your qualifications and stand out from the competition.

  4. Investment Banking Cover Letter

    Follow our guide and download our real investment banking cover letter template for an Analyst or Associate level position Written by CFI Team. Over 1.8 million professionals use CFI to learn accounting, financial analysis, modeling and more. Start with a free account to explore 20+ always-free courses and hundreds of finance templates and ...

  5. Banking Analyst Cover Letter Examples & Writing Tips

    Banking Analyst Cover Letter Example 2. I am writing in regards to the open Banking Analyst position at your company. I am confident that I have the skills, experience, and qualifications that would make me the perfect candidate for the job. I have been working in the banking industry for the past three years and have gained a wealth of ...

  6. 5+ Banking Analyst Cover Letter Examples and Templates

    Use Action Verbs: Words like "analyzed," "researched," and "evaluated" add impact. They convey a sense of action and accomplishment. Be Concise: Keep your cover letter to one page. Focus on the most relevant details and avoid unnecessary filler. Personalize: Address the hiring manager by name if possible.

  7. Professional Banking Business Analyst Cover Letter Examples and

    Your banking business analyst cover letter should display a keen understanding of financial trends and business requirements. It must reflect your ability to analyze complex data to drive banking strategies. Demonstrate in your cover letter how your expertise aligns with the bank's objectives and operations.

  8. Investment Banking Cover Letter Template, Example, & Tips

    First, here's our take on the perfect cover letter for investment banking analyst jobs: Investment Banking Cover Letter Sample. Carmen Villanueva. 1234 35th St, #6. Astoria, NY 11106. March 1, 2019. Blythe Summers. IB Hiring Manager. Goldman Sachs. 200 West St, 7th Floor. New York, NY 10282.

  9. How To Write an Investment Banking Cover Letter (With Tips)

    Use these tips to ensure you optimize your investment banking cover letter for maximum benefit: Be brief. Keep your cover letter to a maximum of one page in length or around 200 to 300 words. Use standard formatting. Keep your margins between three-fourths to 1 inch and your font size between 10 and 12 points.

  10. Financial Analyst Cover Letter Example and Template for 2024

    Miranda Jeanne. 555-555-0131 | [email protected] | Santa Barbara, CA June 1, 2023 Dear Hiring Manager, My name is Miranda Jeanne, and I'm writing this letter to express my interest in the Financial Analyst position at Brightwater Investments.

  11. Professional Investment Banking Analyst Cover Letter Examples and

    Moving on from the "Dear Recruiter" to your professional introduction. Use those first two sentences of your investment banking analyst cover letter to present the biggest asset you'd bring to the organization. Don't go into too much detail about your achievement or the skill set, but instead - go straight for the win.

  12. Investment Banking Analyst Cover Letter Example

    Investment Banking Analysts should include the following key elements in their cover letter: 1. Contact Information: Start with your name, address, phone number, and email address at the top of the letter. 2. Professional Greeting: Address the hiring manager by name if possible.

  13. 3 Investment Banking Cover Letter Examples Made in 2024

    Copy this text for your investment banking internship to your cover letter! 123 Fictional Avenue. New York City, NY 10001. (123) 456-7890. October 01, 2023. Liam Harris. JPMorgan Chase & Co. 123 Fictional Lane. New York City, NY 10001.

  14. 14 Investment Banking Analyst Cover Letters

    Approved by real hiring managers, these Investment Banking Analyst cover letters have been proven to get people hired in 2024. A hiring manager explains why. Compiled by: Kimberley Tyler-Smith. Senior Hiring Manager 20+ Years of Experience ...

  15. Investment Banking Cover Letter Template

    Previously, Chris served as an investment analyst with New Holland Capital, a hedge fund-of-funds asset management firm with $20 billion under management, ... Attached at the bottom of this post is the FREE investment banking cover letter template that is sometimes used for WSO cover letter review clients.

  16. Investment Banking Analyst Cover Letter: Sample & Guide [Entry Level

    Cover Letter Body. Dear [Hiring Manager], I am writing to express my interest in the Investment Banking Analyst position at [Company Name]. I believe my enthusiasm and drive to succeed, combined with my financial analysis and project management skills, make me an ideal candidate for this role.

  17. Investment Banking Cover Letter: Examples & Templates (2024)

    Here's how to format an investment banking cover letter: Use the 3-paragraph layout—with bullet points or without. Set your margins at one inch. Left-align all parts of your cover letter and single-space your lines. Write a 1-page cover letter. Use the same cover letter font in your resume.

  18. Investment Banking Cover Letter [Examples, Template & Tips]

    The 6 sections that need to be included in a cover letter format for investment banking positions are: Letter header - Provide the personal and contact info of the sender (you), date, and the recipient (recruiter, employer, or hiring manager). Salutation - Start with Dear, Hi, or Hello, and address the receiver directly.

  19. Best Banking Business Analyst Cover Letter Example for 2023

    Banking Business Analyst Cover Letter Sample. Dear [Hiring Manager], I am writing to apply for the position of Banking Business Analyst at [Company Name], and I am confident that I possess the skills and experience you are seeking. As a professional with a degree in Business and a proven track record of success in banking business analysis, I ...

  20. Investment Banking Analyst Cover Letter Examples

    Investment Banking Analyst Cover Letter Examples. Investment Banking Analysts perform research and gather information that helps traders and fund managers take decisions related to investments. This job is suitable to someone who can handle large amounts of complex information and who can determine investment potential as accurately as possible.

  21. Investment Banking Analyst Cover Letter Examples

    Investment Banking Analyst Cover Letter Example. Though you have a targeted resume to apply for a job, you must send a target cover letter and it. A cover letter will typically showcase you as the best candidate in the pool of competitors. Your Investment Banking Analyst Cover Letter should demonstrate your proven experience in a similar role ...

  22. Banking Analyst Cover Letter Examples and Templates

    The following banking analyst cover letter example can give you some ideas on how to write your own letter.Banking Analyst Cover Letter Example Cover Letter Example (Text) Jovona Offerman (194) 576-0888. [email protected]. Dear Anastacia Mccrorey, I am writing to express my keen interest in the Banking Analyst position at JPMorgan Chase ...

  23. Banking Business Analyst Cover Letter Sample

    555-555-5555. [email protected]. Kennes Bank Group, Inc. London, United Kingdom. 18/01/2020. Application for the position of Banking Business Analyst. Dear Hiring Managers, I am writing to express my interest in the Banking Business Analyst position at Kennes Bank Group, Inc. in London.

  24. How to write an IT analyst cover letter (With examples)

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