Investment Banking Cover Letter – Best Practices
While your résumé should be a summary of your academic and professional accomplishments to date, your cover letter presents you with an opportunity to sell yourself to each different firm. Take advantage of this medium and prepare unique points for each company, rather than simply changing the firm name. Research the company and develop specific reasons why, based on the needs of the company, you would make a good analyst. A few insightful points will separate your cover letter from the crowd and may earn you a seat in the interview room.
The cover letter is also an opportunity to present compelling evidence of your candidacy that may not be obvious in your résumé. If your résumé states what you did at your last job, your cover letter gives you an opening to discuss what you learned there, and how you will apply it to an analyst position. Organization of your cover letter is just as important as it is in your résumé and again, brevity is essential. The résumé readers will see literally hundreds of cover letters, and they may not read every word of every letter. Prioritize your points; cover each one in order; do not dwell on any of them. And again, absolutely no typos.
How PRP Help?
We understand the financial recruiting landscape and have extensive experience working with hiring managers at Bulge bracket banks, Elite Boutiques and Private Equity firms. We can help you pinpoint what went wrong and help you course correct so that it doesn’t happen again.
PRP Services
- Clean-up, reformat and retarget your resume so that you can secure more interviews
- Linkedin profile analysis
- Sample mock interview questions
- Sample technical interview questions
- How to Break into Banking Networking Tips and Tricks
- Target Company recommendations
- Target Company Prep Exercises
- Mock-interviews
- Develop a customized networking strategy
- General guidance and support
We know the banks and know what they are looking for. With our guidance and support we will help you navigate this ultra-competitive job market and land your dream role.
Below please find sample cover letters from corporate finance institute and monster.
