It is critical to be clear and concise when writing an investment banking cover letter. Introduce yourself and state your goals clearly, without going into too much detail. Use a professional salutation and closing, and make sure your investment banking cover letter is proofread and spell checked before attaching it to your resume.
An investment banking cover letter is used to introduce yourself and explain why you are applying for a banking position. It is not necessary to go into great detail about your qualifications and experience because your letter will be accompanied by a resume. Of course, these details should be included, but keep in mind that a cover letter is merely an introduction meant to give the reader a taste of who you are professionally.
Before you focus on the cover letter format, do some research on the company you’re applying to. You want to show that you know a little about the company you want to work for while expressing your desire to become an investment banker. It’s also a good idea to mention how your skills and qualifications will benefit the investment banking firm’s business in your letter.
Put your address and date on two separate lines at the top of the page to start your investment banking cover letter. After your information, leave a space and then write the name of the person to whom the letter is addressed. Include the person’s title beneath his or her name. Print the company’s name directly beneath the intended recipient’s title, and the firm’s address on the next line. Add another double space and a formal salutation that addresses your contact by name.
An investment banking cover letter should have three short paragraphs on average. Explain the purpose of the letter and the investment banking position you are applying for in the first paragraph. You should include a statement here that connects your research on the company to why you believe you are a good fit for the position.
Extend your skills and qualifications in the following paragraph. Sell yourself to the reader in two to three sentences by being specific about your previous experience and accomplishments. Save the last sentence of this paragraph to show the reader how your credentials qualify you to work as an investment banker for the firm in question.
The reader should be informed that your resume is enclosed in the last paragraph of your investment banking cover letter. Inviting the reader to think about your qualifications and directly requesting an interview is a good way to start. Before signing your investment banking cover letter with your handwritten signature and printed name, be sure to express gratitude for the reader’s time, attention, and consideration.