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

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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

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?

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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 .

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

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

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!

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).

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 ?

I like it not bad

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.

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.

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.

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.

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!

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.

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…

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?

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.

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/

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.

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.

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.

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.

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.

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.

Yes this template works for UK applications.

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!

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.

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.

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

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

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”

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

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”

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.

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.

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

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.

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

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

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

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

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

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

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].

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.”

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)

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.

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.

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.

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.

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.

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.

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.

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.

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!

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

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

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!

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.

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

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.

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

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!

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

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

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

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

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

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?

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.

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.

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

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.

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

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

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/

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

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!

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

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

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.

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.

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.

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

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

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

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.

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

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.

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.

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.

Great comment, made me laugh

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.

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.

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/

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

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.

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

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.

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.

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.”

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

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

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.

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.

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.

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”

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

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.

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

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.

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

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

What about for laterals?

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

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.

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.

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.

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

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

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.

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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Investment Banking Cover Letter Template

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

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.

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: 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 .

The Only Program You Need to Land in High Finance Careers

The most comprehensive curriculum and support network to break into high finance.

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.

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.

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."

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')

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

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.

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Internship Cover Letter Examples and Templates for 2024

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How To Write an Internship Cover Letter

When writing your cover letter for an internship, focus on how you can quickly apply course concepts at the company that posted the position. Also, emphasize the related skills you’ve gained through your school, work, or other life experiences so far. This guide offers cover letter examples and tips for landing an internship.

Internship Cover Letter Templates and Examples

• Entry-Level
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Internship Text-Only Cover Letter Templates and Examples

Mackenzie Martin Business Administration Student | [email protected] | (123) 456-7890 | St. Louis, MO 63101 | LinkedIn

January 1, 2024

Andrea Tarentino Recruiting Manager Creative Communications, Inc. (314) 987-6543 [email protected]

Dear Ms. Tarentino:

At Prairie Landing Business College, I have maintained a 4.0 GPA for seven consecutive semesters. I’ve also worked as an administrative assistant in the bursar’s office for two years, processing financial aid and tuition payments.

I’m passionate about the business world, so I’m completing my bachelor’s degree in business administration with an emphasis in digital marketing. The skills I’ve gained through my degree program will help me excel as a marketing intern at Creative Communications, Inc.

Here are three of my achievements to date:

• Participated in more than 30 events for DECA’s Competitive Events Program and received several recognition awards
• Won first place in the St. Louis Regional Library’s annual junior business leaders competition
• Maintained perfect attendance for six out of seven semesters at Prairie Landing Business College

I look forward to possibly speaking with you more about how I can support your organization. Please let me know a date and time that works well for you to discuss the opportunity. Thank you for your time and consideration.

Mackenzie Martin

Gertrude McDaniel Marketing Supervisor | [email protected] | (434) 395-9244 | Atlantic City, NJ 54321 | LinkedIn

January 11, 2024

Sidney Brockley Senior Hiring Manager BigAds Agency (323) 386-3948 [email protected]

Dear Mr. Brockley:

After a successful career in traditional marketing, I recently earned a master’s degree in digital marketing. I’d love the chance to add value to your organization while gaining experience in this fast-growing sector.

For the past six years, I’ve served as a marketing supervisor for the global brand Molson Coors. My team played a key role in recent changes that modernized the company and led to 5% growth within a year.

I would be delighted to bring the knowledge I’ve gained about digital marketing to BigAds as an intern. Below are three more of my achievements to date:

• Trained and motivated team members, helping the department set a new staff retention record of 96%
• Pinpointed areas of overspending and helped make significant Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) improvements
• Raised my company’s marketing return on investment (ROI) by 2% in 2019 and 4% in 2020

After reading your company’s values and mission statement, I’m certain my skills and attitude align with the culture at BigAds. Please let me know the best time for an interview. I appreciate your time and look forward to possibly hearing from you soon.

Gertrude McDaniel

Maria Esperanza Data Scientist | [email protected] | (123) 878-0990 | Los Alamos, NM 50557 | LinkedIn

Jenny Medina Senior Hiring Manager Viome, Inc. (373) 232-7224 [email protected]

Dear Ms. Medina:

My advanced work experience in applied statistics, SQL, and Python makes me an ideal candidate for the internship position at Viome. In my current role, I implemented big data analysis techniques and learning algorithms that optimized classifiers across the company.

Mathematics and wellness are my two main passions, as shown by my bachelor’s degree in applied statistics, master’s degree in nutrition, and pursuit of a Ph.D. in data science. Recently, I started working toward the Data Science Council of America (DASCA) Senior Data Scientist (SDS) award.

I would love the chance to work at your high-tech startup. The skills I’ve acquired can transfer perfectly from a business-driven data science role to a dynamic smaller company with a humanitarian mission. My achievements include:

• Using data mining techniques and machine learning to forecast product sales with 96% accuracy
• Performing ad-hoc social media analyses to help the sales and marketing department streamline the acquisitions process

I’d be delighted to set up an interview so we can discuss your company’s internship program further. Please let me know a date and time that suits you. Thank you very much for your consideration.

Maria Esperanza

A great internship cover letter usually has five sections, outlined below. When possible, connect each section back to your relevant entry-level skills and the employer’s internship program. The following advice and examples show what to include in your cover letter so it’s optimized for each intern opportunity.

At the top of the page, include your resume contact header, the date, and any contact details you have for your recipient. To set a clear focus, add a professional title to your contact header. In the internship cover letter example below, see how the title “Business Administration Student” quickly reveals the applicant’s career direction and knowledge base.

(Note: Feel free to omit this section if you send your letter as an email message and your contact information is part of your email signature.)

2. Salutation

Whenever you can, address your recipient by name – it’s the fastest way to signal you’re sending a custom letter and not a boilerplate. If you can’t find the recipient’s name, use “Dear Internship Coordinator” or a variation of “Dear Hiring Manager” so your greeting is still tailored somewhat to each opportunity.

Dear BigAds Agency Hiring Manager:

3. “Hook” or introduction

To catch the reader’s attention, start your letter with a specific achievement or key qualification the company is looking for. Choose a highlight that shows you can quickly build knowledge and apply new skills. This highlight will likely come from your degree program but could also be any related work or volunteer experience you have. (Consult your resume bullet points for ideas.)

4. Body paragraph(s)

Use the main section of your letter to tell why you’re drawn to this internship or employer. For instance, maybe the work overlaps with one of your recent school papers or projects. Or the company’s product set or mission statement appeals to you and the direction you’d like to take your career.

Following this explanation, cite two or three more of your main skills or achievements , possibly as bullet points.

5. Call to action

Finally, request an interview and thank the hiring manager for their time. Consider briefly restating why the position interests you and how you’d like to apply your education. To end your cover letter, use a simple closing like “Sincerely” or “Best regards” and then your name.

Internship Cover Letter Tips

1. show you can quickly apply new knowledge.

Whether or not a company pays its interns, it must spend time and resources training and supervising them. That investment, and the short-term nature of these roles, means you need to show you can apply your skills and knowledge quickly. By demonstrating you’re a quick study, you can assure hiring managers you’ll add value even if your role is limited or temporary.

2. Highlight your relevant skills and traits

Great interns are usually open-minded, collaborative, reliable, and resourceful. View your own experience through that lens. Have certain courses or part-time jobs allowed you to develop any or all of those qualities? Mention them on your cover letter, possibly as bullet points, so they stand out from your other information.

3. When in doubt, brainstorm

Any time you’re stuck on a section of your cover letter, take 10 minutes to jot down your thoughts on a separate document or sheet of paper. By pausing to think more creatively, you can jog your memory and find new details to include about your experience. Brainstorming also helps you figure out the best and most original way to describe that experience, giving your letter the confident tone it needs to catch a hiring manager’s attention.

Internship Cover Letter Frequently Asked Questions

Should i tailor my cover letter for each internship -.

Yes. The main advantage of a cover letter over a resume is it lets you speak directly to the hiring manager about why you fit the role. By tailoring your letter to each internship, you can make the most of this advantage and boost your chances of an interview.

How do I write a cover letter with no work experience? -

Focus on your relevant academic, extracurricular, or volunteer experiences. No part of your letter needs to be about work. But every component should be about the knowledge, curiosity, and dedication you’ll bring to your internship. Even if you've never held a job, you can probably cite various ways you’ve developed these important qualities.

What should my cover letter’s design look like? -

Your resume’s. Carry over all of that document’s basic format settings , like font style, line spacing, and page margins. By styling your cover letter like your resume, you can make your intern application more cohesive and memorable.

Craft a new cover letter in minutes

Get the attention of hiring managers with a cover letter tailored to every job application.

Jacob Meade

Certified Professional Resume Writer (CPRW, ACRW)

Jacob Meade is a resume writer and editor with nearly a decade of experience. His writing method centers on understanding and then expressing each person’s unique work history and strengths toward their career goal. Jacob has enjoyed working with jobseekers of all ages and career levels, finding that a clear and focused resume can help people from any walk of life. He is an Academy Certified Resume Writer (ACRW) with the Resume Writing Academy, and a Certified Professional Resume Writer (CPRW) with the Professional Association of Resume Writers & Career Coaches.

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5 Banking Cover Letter Examples Landing Jobs in 2024

• Banking Cover Letter
• Banking Cover Letters by Experience
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• Write Your Banking Cover Letter

The banking industry requires a detail-oriented mindset with compliance as a top concern. You shine in that role by overseeing client accounts, monitoring transactions, and providing excellent customer service.

Are your banking resume and cover letter helping you connect with hiring managers to show you’re right for the job?

When banks are looking for skilled employees, they’ll perform detailed reviews to ensure they bring in the most qualified applicants for interviews. To ensure you stand out, use our banking cover letter examples as templates, or leverage the power of our free cover letter builder to help display your abilities successfully.

Banking Cover Letter Example

USE THIS TEMPLATE

Microsoft Word

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Block Format

Copy this text for your Banking cover letter!

123 Fictional Avenue Austin, TX 76208 (123) 456-7890

November 5, 2023

Zoey Mitchell Citibank 123 Fictional Lane Oakland, CA 94601

Dear Mr. Mitchell:

Having long admired Citibank’s commitment to precision and customer service excellence, I’m thrilled at the opportunity to contribute to your mission of delivering exceptional banking experiences that serve clients and promote financial success. I share your goal of providing reliable and accurate financial services to individuals globally. My valuable experience in this field can help enhance customer satisfaction, streamline banking procedures, and foster stronger client relationships as your bank teller.

As an operations associate at 1st United Credit Union, I handled, on average, $267,124 in cash transactions daily. This task necessitated meticulous cash management and record keeping, aiding a 24% reduction in transaction anomalies.

With a penchant for technology integration, I was instrumental in implementing Jack Henry Check processing software at First Republic Bank. Adopting this systematic check-processing tool optimized our transaction processing correctness by 32% and decreased check fraud occurrences by 17%. Furthermore, at First Republic, I strategized an efficient record-keeping system that increased record retrieval speed by 22%.

Grasping the criticality of trust in the banking industry, I tread beyond my role-given responsibilities to ensure transparency, accuracy, and respectful collaboration. It would be an honor to champion these values as a bank teller at Citibank, and I’m eager to share more about how my expertise will beef up the operational excellence of your Oakland team. Thank you.

Leila Hassan

Enclosures: Resume Application 2 letters of recommendation Academic transcript

Why this cover letter works

• Speaking of the structure, craft a compelling intro diving into your passion, motivations, and possibly, company knowledge; a middle highlighting your professional experiences in reverse chronological order, and a conclusion reinstating your interest and encouraging further discussion.

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Mortgage Banking Intern Cover Letter Example

Copy this text for your Mortgage Banking Intern cover letter!

123 Fictional Avenue Minneapolis, MN 55401 (123) 456-7890

John Perez Wells Fargo 123 Fictional Lane Minneapolis, MN 55401

Dear Mr. Perez:

Wells Fargo’s emphasis on innovation in the mortgage banking landscape commands my attention as a budding professional eager to advance my expertise in credit analysis, loan documentation, and regulatory compliance. A crucial part of my approach to internships is the driving desire to grow and learn while empowering clients with practical financial tools to streamline their home ownership ambitions. This ethos is embedded in all my academic projects and past roles. I’m eager to cultivate these skills further at Wells Fargo, intertwining my individual growth with the bank’s objective to lead in mortgage services.

During my internship at Affinity Plus, I gained hands-on experience in credit analysis. Within a five-month window, I effectively assessed borrower creditworthiness for 73 unique cases, using tools like Moody’s and RiskCalc. The first-hand experience of understanding borrower credit profiles and mitigating risk reinforced my belief in the importance of sound credit analysis in the loan approval process.

At the University of Minnesota, I contributed to streamlining a loan documentation process for a hypothetical firm. The project was acknowledged for its efficiency, and we observed a decrease in error rate by 14% in our simulation.

Financial Regulations was a particularly enlightening module during my course at the University of Minnesota. It offered me a deep understanding of risk and compliance norms in the banking sector. Utilizing financial risk management software such as IBM OpenPages within class simulations, my peers and I improved adherence to financial regulations by 18% across various hypothetical portfolios.

My dedication to assisting clients to achieve their dream homeownership fuels me to seek further opportunities to enhance my knowledge and skills. I’m confident that my drive and acquired knowledge would contribute meaningfully as Wells Fargo’s next mortgage banking intern. I eagerly anticipate discussing my candidacy further with you. Thank you.

Anton Ivanov

• Following Anton’s lead, kick off by strategically aligning your career aspirations with the hiring company’s mission and values. From there, intertwine your objectives for the roles with the shared values, showing your readiness to inject passion and drive into the role.

Electronic Banking Specialist Cover Letter Example

Copy this text for your Electronic Banking Specialist Cover Letter Example cover letter!

123 Fictional Avenue Tulsa, OK 74101 (123) 456-7890

Madison Roberts Bank of Oklahoma 123 Fictional Lane Tulsa, OK 74101

Dear Mr. Roberts

I agree with the belief that finance is the backbone of the modern world, and I stand in awe of the Bank of Oklahoma’s mission to provide seamless, intuitive, and secure banking experiences at the tip of anyone’s fingers. My penchant for conquering novel problems and challenges makes me a natural fit for the electronic banking specialist position. With five years of diverse experience in electronic banking, I’m prepared to work independently, lead assertively, and bridge the gap between your technology and client-facing teams at the Bank of Oklahoma.

My passion for the financial industry burgeoned at TTCU Federal Credit Union, where I contributed significantly to its fraud detection and prevention department. I immersed myself in implementing state-of-the-art measures aided by tools such as FICO Falcon Fraud Manager. My commitment and results-driven approach led to a significant 31% decrease in financial losses, a testament to the potency of refined risk mitigation efforts.

At QuikTrip, I was entrusted with database management using SQL Server. My responsibilities extended to enhancing database performance and guaranteeing data integrity—a task I fulfilled by advancing an initiative to streamline our data management processes. Notably, I spearheaded an initiative that streamlined data management processes, improving database efficiency by 17%.

I refined my data analysis expertise at ONEOK. Utilizing Tableau and Python for data visualization and analysis, I provided insight that facilitated nimble decision-making and strategic alignment. This process led to actionable business improvements with a notable 29% increase in operational efficiency. This statistic validates my contributions and underscores the tremendous impact of data-driven strategy on organizational performance.

The prospect of contributing to the Bank of Oklahoma’s vision by improving electronic banking services, creating meaningful client journeys, and reinforcing security safeguards sparks great enthusiasm in me. I’m thrilled at the potential of contributing to the financial growth within Tulsa, OK, and beyond. Looking forward to connecting with you soon to discuss how I can foster your drive. Thank you.

Freja Larsen

• Quickly draw attention to your career’s landmarks that saw you apply relevant industry-relevant skills, such as fraud detection and prevention, database management, and data visualization and analysis, solidifying each experience with numbers. Did you slash financial losses by 31%? Improved operational efficiency by 29%? Flaunt these triumphs, but concisely.

Deutsche Bank Cover Letter Example

Copy this text for your Deutsche Bank cover letter!

123 Fictional Avenue New York, NY 10005 (123) 456-7890

August 14, 2024

Grace Hill Deutsche Bank 123 Fictional Lane New York, NY 10005

Dear Ms. Hill:

A fervent desire to devise cutting-edge financial strategies propels me toward a position on Deutsche Bank’s vibrant corporate banking team. The esteemed record of Deutsche Bank in forward-thinking and placing clients at the forefront resonates with my professional goals. Analyzing intricate financial environments and a solid background in fostering relationships, I stand poised to enhance your team’s capabilities.

At Bank of America, supervisory responsibilities for teller operations fell under my purview. I meticulously processed transactions that often summed up to $138,000+ daily, maintaining unwavering accuracy. A focus on maximizing teller team performance led to the honing of customer satisfaction, enhanced sales techniques, and strict adherence to regulatory practices, all crucial for a corporate banker.

My initiative at Popular Bank bore fruit as sales surged by 12% within a single quarter, a testament to my knack for engaging customers and intelligently recommending products. The seamless initiation of 79 new accounts reflects my adeptness at spotting and nurturing potential business opportunities. It’s this acute understanding of client needs and delivery of bespoke financial solutions that I’m excited to bring to Deutsche Bank to fuel further growth.

At HSBC, the challenges of problem-solving and precise attention to detail were my daily companions, ensuring clients’ needs were met seamlessly. Partnering with account managers and loan officers, I facilitated top-notch service, managed cash reserves and ATMs without error, and meticulously organized transaction documentation for efficient processing. My demonstrated proficiency in credit evaluations, financial proposals, and credit risk oversight will serve well in the intricate landscape of corporate banking.

The opportunity to drive growth and innovation at Deutsche Bank ignites a sense of enthusiasm in me. I’m deeply appreciative of your consideration of my candidacy and am looking forward to elaborating on the ways my experience, skills, and qualifications will resonate with the unique demands of the corporate banker role.

Felix Larsen

Enclosures: Resume Transcript Letter of recommendation

• Ditch those overused phrases like “I work hard.” Show your potential employer the real deal, instead. Perhaps toss in quantified metrics such as “… processed transactions that often summed up to $138,000+ daily” and “seamless initiation of 79 new accounts.” In addition, mimic the hiring company’s language in your piece—simply dive into the job ad and pick keywords and phrases that precisely echo their needs.

World Bank Cover Letter Example

Copy this text for your World Bank Cover Letter Example cover letter!

123 Fictional Avenue Washington, DC 20433 (123) 456-7890

Jackson Rodriguez The World Bank 123 Fictional Lane Washington, DC 20433

Dear Mr. Rodriguez:

Driven by a fervent zeal for global finance and sustainable development, the role of investment officer at the World Bank appears to be a perfect arena for me to apply my deep well of expertise. Having navigated the complex world of investment banking with a keen focus on nurturing economic growth in emerging markets, my career trajectory seems to be in harmonious alignment with the ambitions and aspirations of your esteemed organization.

During my tenure at Wells Fargo, the complex labyrinth of teller operations was my battlefield, where I led the charge in implementing cutting-edge cash management techniques and tackling high-stakes customer service dilemmas. Tasked with the reconciliation and processing of daily transactions that sometimes soared to $223K, my initiatives to refine operational processes and foster staff development boosted efficiency by 26%.

At United Bank, my leadership catalyzed a team of tellers to consistently surpass our upselling goals, achieving an impressive 94% completion rate each quarter. This feat underscored my prowess in negotiation and deal structuring, skills directly transferable to the elaboration and negotiation of investment agreements and the crafting of proposals for the World Bank.

While at JPMorgan Chase, my role entailed rigorous management of client accounts, where precision and operational efficacy were paramount. My strategies yielded an 18% increase in portfolio returns over a year, underlining my aptitude for portfolio management. This experience is invaluable for overseeing the Bank’s investments, ensuring robust governance, and optimizing returns.

To conclude, my journey through financial operations, customer service, and leadership landscapes has sculpted me into an ideal candidate for the investment officer position at the World Bank. Fueled by a dedication to sustainable investing, I’m keen to explore how my array of skills and experiences will resonate with the foundational goals of the World Bank. I appreciate your consideration and look forward to adding value to your team.

• You see that line about being the golden child at a former workplace: “Everyone loved me at United Bank because I was clearly a catch”)? It doesn’t belong to your cover letter. Try something like this: “At United Bank, my leadership catalyzed a team of tellers to consistently surpass our upselling goals, achieving an impressive 94% completion rate each quarter.”

Related cover letter examples

• Banking resume
• Bank teller
• Financial analyst

How to Optimize Your Banking Cover Letter

While all banks have standardized processes to ensure compliance, that doesn’t mean that each one won’t have unique qualifications they’re looking for applicants to possess.

For instance, one bank may be seeking a reconciliation expert, whereas another may be looking for a customer-centric teller who can create a great experience for everyone who walks through their doors. You’ll want to customize each cover letter you submit based on the job description .

Write an attention-grabbing intro to your banking cover letter

When someone walks into the bank, you know the importance of creating a friendly atmosphere since every customer makes a first impression quickly. The same is true when bank hiring managers are reviewing cover letters.

The first step to stand out is greeting a specific hiring manager by name if it’s listed in the job description or on the bank’s website. It’s the same as connecting with customers by learning their names before discussing investment opportunities.

Then, once you get into the first paragraph, you’ll want to show how you connect with the bank’s mission and where your skills fit in. For instance, how you want to use your knowledge of debt consolidation and index funds to help customers make smart financial decisions.

The intro below doesn’t make enough of a connection since it lacks key details about the applicant’s specific mortgage banking skills and the company’s mission.

Not connecting enough!

Hello Mr. Halbert,

Upon seeing the mortgage banking job you have available, I immediately thought this sounded like a great role for my skills. This sounds like a great company to work for, and I would be excited to join your team.

The opener below makes a better connection since the applicant showcases an evident passion for Citibank’s commitment to customer service excellence and exceptional banking experiences.

A well-connected opener based on the bank’s mission!

Dear Mr. Mitchell,

How to make the body of your banking cover letter more impactful

As you get into the body section when writing a cover letter , it’s time to think about how you can share more details about the customer service and financial solutions skills you highlighted in the opening paragraph.

A great way to illustrate your impact as a banker is by using metrics since every financial solution requires data to make accurate decisions. Depending on your role in the bank’s success, everything from customer satisfaction rates to loan-to-asset ratios could work well in this section.

Additionally, if you’re applying to a role like a mortgage banker or investment banker that requires some education, you could also explain how your degree in finance or related fields has equipped you to succeed.

A well-formed body paragraph with banking metrics!

Make the closer of your banking cover letter stand out

As you begin the closing paragraph of your banking cover letter, you’ll want to relate back to some of the key financial solutions skills and your connection to the bank’s mission. For example, your passion for the bank’s commitment to excellence and how you want to use your financial analysis skills to provide accurate service to every customer.

After that, it’s a good idea to thank the bank’s hiring manager for their time and end with a light call to action. It’s similar to thanking customers for banking with you and saying you look forward to seeing them again to increase customer retention rates.

The closer below lacks impactfulness since the applicant doesn’t use a call to action or reference the bank’s mission.

Lacking impactfulness here!

Overall, I believe my experience as a mortgage banker will be a valuable addition to your team. Thank you for considering my qualifications.

Lucy Carlson

The closer below makes a much better impact by referencing the applicant’s passion for helping clients achieve their dream of homeownership.

An impactful closer relating to the bank’s needs!

My dedication to assisting clients to achieve their dream of homeownership fuels me to seek further opportunities to enhance my knowledge and skills. I’m confident that my drive and acquired knowledge would contribute meaningfully as Wells Fargo’s next mortgage banking intern. I eagerly anticipate discussing my candidacy further with you. Thank you.

Reviewing the job description and understanding the bank’s needs is the best way to include job skills that stand out. For instance, if the position requires cross-selling, you could write about previous experiences cross-selling credit cards or business banking solutions.

The best way to optimize the tone you write in is by reviewing the job description and trying to match the tone each bank uses. For instance, if a bank uses a formal and logical tone, matching that shows how you’ll fit in with their professional and knowledgeable work culture.

If you haven’t worked in banking before, you could emphasize translatable skills like other jobs involving customer service or data entry. Or you could emphasize relevant education like a bachelor’s degree in finance that equipped you with the necessary skills.

How to Write a Cover Letter for Internship (Examples & Template)

You’ve found the perfect internship and it’s now time to apply and land the position!

But, in addition to your resume, you also have to write an internship cover letter.

You might end up staring at the blank Word document for hours and nothing comes out.

We don’t blame you; cover letters are hard to write even if you have a decade’s worth of work experience, let alone if you’re a recent graduate or a student.

Worry not, though; in this article, we’re going to teach you all you need to know to write a compelling cover letter for your internship.

• Do you need a cover letter for an internship?
• How to write a compelling cover letter for an internship
• Plug and play internship cover letter template

Do I Need a Cover Letter for an Internship?

First things first—if you’re wondering whether you actually need a cover letter for your internship application, the answer is yes . 

An internship application is just like any other hiring process, meaning that a recruiter will go over your resume , cover letter (and maybe even references), and decide whether you’re qualified for the position. 

And yes, recruiters contrary to what you might think, recruiters do read your cover letter. 56% of recruiters prefer a cover letter with an applicant’s application.

This is reasonable - a cover letter allows you to add essential information you didn’t have space for in a resume, as well as explain (in words) how your experiences are tied to the role you’re applying for.

As such, a cover letter for an internship is essential and complementary to your application package.

Now that we got that out of the way, let’s go over all the best ways to write a cover letter for an internship. 

How to Write a Cover Letter for Internship

#1. respect the format.

Before you can focus on your cover letter’s contents, you should first make sure you’re sticking to the right format. 

Otherwise, your cover letter will be disorganized and the recruiter will have a hard time following your train of thought.

So, here’s the format that your cover letter for an internship should follow: 

• Header with contact information. This includes your full name, professional email, phone number, and LinkedIn profile (if you have one). Underneath your contact info, you should add the date and the receiver’s information (the recruiter’s name and title, the company/organization name, and their physical address). 
• Addressing the recruiter. Greeting the recruiter with “Dear Sir/Madam” or “To Whom It May Concern” is common, but not the best approach. Want to show the hiring manager that you did your research? We recommend you address the hiring manager by name directly. Our guide on how to address a cover letter covers everything you need to know on this topic!      
• Opening statement. Your opening statement should be brief, but at the same time professional and attention-grabbing. Here, you introduce yourself, mention the position you’re applying for, and potentially a key achievement or two.   
• Body. The body of your cover letter consists of 2-3 paragraphs where you highlight your education, provide background for your skills, and explain how you (and the company) would benefit from each other professionally. 
• Closing paragraph. Your closing paragraph is your chance to include a call to action, to thank the recruiters for their time, or mention anything important you left out. 
• Formal salutation. End your cover letter with a formal salutation such as “kind regards,” “sincerely,” or “best regards.” Our guide on how to end a cover letter can teach you all you need to know on the topic. 

Having trouble getting started with your cover letter? Read our guide on how to start a cover letter and get inspired!

#2. State the Position You’re Applying For in the Opening

Recruiters hate one-size-fits-all cover letters and resumes.

Around 48% of recruiters and hiring managers aren’t even going to read your cover letter if it’s not customized to the role you’re applying for.

And one of the easiest ways to do this is by mentioning the role you’re applying for right in the cover letter opening.

This allows you to:

• Show that you will be tailoring the rest of your cover letter for that position alone.
• Prove that your cover letter is customized for this specific internship, and you’re not just randomly applying for the job,

Here’s a practical example of how you can mention the role you’re applying for in the cover letter opening:

Dear Mr. Jacobs, 

It is my pleasure to apply for the Communications Assistant internship position at the United Nations Development Programme. I can confidently say based on my 2-year experience working as a journalist and my excellent academic results in the Mass Communications Major that I’d be a good fit for the position. 

#3. Mention the Right Keywords

When reviewing your application, hiring managers tend to scan your cover letter or resume and look for the right keywords that would make you qualified for the internship you’re applying for.

E.g. If you're applying for a job in graphic design, the recruiter is probably looking for keywords like “Photoshop,” “Illustrator,” or “InDesign.”

As such, it’s very important to include the right keywords in your cover letter.

How can you find these keywords, you might ask?

It’s actually pretty simple - just look at the internship job description and go through the required skills & responsibilities and identify the keywords that you’d think the recruiter would be looking for.

Then, do the following:

• Sprinkle some of those keywords throughout your cover letter. When relevant, back them up with an experience. E.g. don’t just say “I’m good at Photoshop,” say how you’ve taken 3 different Photoshop classes and used Photoshop for 2 different projects.
• Don’t include keywords that don’t apply to you, they’ll just make it seem like you’re copy-pasting from the job description.
• Research and add other popular soft skills that recruiters look for in applicants for the role you’re applying for. E.g. If you’re applying for an internship as a communications assistant, chances are, you’ll need strong communication skills (even if this is not something listed in the job description.

Now, let’s look at a practical example. Let’s say that the internship you’re applying for requires the following skills:

• Communication
• Ability to meet strict deadlines

Here’s how you’d mention this in your cover letter:

During my time as Editor in Chief at my University’s newspaper, I got to develop my communication and leadership skills significantly. For over two years, I was in charge of a 7 people team, which also helped my teamwork skills and my ability to meet deadlines. 

Keep in mind, though, that it IS possible to overdo it with the keywords.

44% of hiring managers say they will dismiss a resume or cover letter that looks as if it has copied the job posting. 

Using each and every keyword mentioned in the job description (without backing the skills up with experiences) might cause the hiring manager to think that you’re just copying the job ad & don’t actually have these skills.

So, don’t just copy-paste all the keywords from the job description, and if you DO mention a lot of those keywords, make sure to back them up with practical experiences.

#4. Highlight Your Education

If you don’t have a lot of work experience, your education and relevant coursework is your best chance to show that you’re a good fit for the internship. 

Letting the recruiter know what kind of courses you’ve completed that are relevant to the internship you’re applying for will be a big plus for your application. 

Say, for example, that you’re applying for an internship as a graphic designer. To make your internship cover letter impactful, make sure to mention all the relevant courses and related accomplishments. 

Here’s an example of how you could do that:

As a Visual Design major, I have completed several courses that have helped me build my professional portfolio. A few of the most beneficial ones have been Design & Layout and Visual Communication: Theory and Practice. I have also gained valuable experience doing the layout of the university’s newspaper for 4 years and of several books as independent projects. 

#5. Provide Background For Your Skills

It’s one thing to just claim that you have a set of skills and another to prove it. 

Anyone can say that they’re great at doing something, but what makes all the difference is when you can actually put your money where your mouth is. 

For example, in your internship cover letter, instead of just mentioning that you have “good time-management skills,” actually back it up with a past experience that proves it.

During the summers I assisted my family’s wedding planning business, I learned a lot about time management. In that kind of business, it’s important that things run like clockwork so in addition to time management skills, it also significantly improved my attention to detail. 

#6. Explain Why You’re a Good Fit For The Position

In addition to just listing out the skills that are relevant and beneficial for the internship, you should also explain why you are a good fit for the position. 

This means that you should connect the dots between what the company/organization is looking to gain from its interns and what you can do to provide those services. 

So, after you research and create an understanding of what is required of you, you should use your cover letter to explain why you’re a good fit for that position. 

For the sake of the example, let’s assume you’re applying for an internship at a Human Rights organization. A big chunk of what the role requires is categorizing virtual files of the cases the organization has worked on in the past.

What you want to do, in this case, is show how you can help with that particular job as an intern. Here’s how:  

I have spent 3 summers working at the National Library, where I was tasked to sort and categorize books based on their topic, author, and year of publication, and also memorize where each section fits in the library. I believe this skill, which I have perfected over the years, can really be of use for the internship position at Organization X.

#7. Describe What You Would Gain Professionally

In addition to showing (and proving) your skills and how you can benefit the company, you should also explain how getting the position will benefit YOU . 

When it comes to internships, oftentimes they serve the purpose of helping students and young professionals acquire in-depth knowledge about the industry, create a network, and develop skills that will benefit them throughout their careers. 

So, it will surely help you make an even better impression if you show that you are self-aware about what you’ll get out of the internship and how it will help you grow professionally. 

Here’s how you can do that: 

I am excited for this internship to provide me with the necessary customer service skills and network that will help me grow professionally in my future career as a customer service manager. 

#8. Proofread Your Cover Letter

After all, is written and done, there’s one final thing to do and that is make sure your cover letter doesn’t have mistakes. 

A spelling or grammar mistake probably won’t disqualify you, but at the same time, it will probably be a red flag for recruiters that you’re not too attentive.

For this reason, ask a friend to proofread your cover letter or use spell-checking software such as Grammarly and Hemingway . 

Want to know what other cover letter mistakes you should avoid? Our guide on cover letter mistakes has all you need to know on the topic! 

#9. Match Your Cover Letter & Resume Designs

Want your internship application to truly shine?

Match your cover letter design with your resume!

Sure, you could go with a generic Word cover letter template, but why fit in when you can stand out?

At Novorésumé, all our resume templates come with a matching cover letter template , guaranteed to make your application truly special.

Cover Letter for Internship Template

Struggling to create a cover letter for your internship?

Simply follow our tried-and-tested internship cover letter template!

Key Takeaways 

And that’s a wrap! You should now have all the necessary information about how to create a cover letter for an internship.

Now, let’s do a small recap of the key learning points we just covered:

• Cover letters are a must when you’re applying for an internship.
• When you start writing your cover letter, make sure you respect the format: the header with contact information, the greeting to the recruiter, an opening paragraph, the body with 2-3 paragraphs, and a closing paragraph followed by an official salutation and your name.
• Some of our main tips on how to write a cover letter for an internship include: state the position you’re applying for, make use of the right keywords, and back up your skills with experiences.
• Use a cover letter builder and match it with your resume to make sure your cover letter truly stands out from the rest.

Related Readings: 

• Entry-level Cover Letter
• Do I Need a Cover Letter in 2024?
• Top 21 Cover Letter Tips

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How to Write a Cover Letter for an Internship? (+5 Real Internship Cover Letter Examples)

• Júlia Mlčúchova , 
• Updated March 20, 2024 8 min read

Trying to figure out how to write a cover letter for an internship ? Look no further!

POV: After weeks and weeks of searching for the right internship opportunity, you've finally found it. But, at the end of the posting, there's a single short sentence that takes you aback:  “Please, attach a cover letter to your application .”

Although some consider cover letter writing to be a relic of the past, it still holds its rightful place in the professional world. 

Because a well-written and persuasive cover letter can sometimes make up for the lack of work experience on your resume . And if you're trying to apply for an internship , this is probably your case, too. 

So, continue reading this article and learn: 

• What is a cover letter for an internship;
• Whether you need to attach a cover letter to your internship application;
• How to write one in 7 steps;
• 5 real-life internship cover letter examples .

Table of Contents

Click on a section to skip

What is a cover letter for an internship?

Do you need a cover letter for an internship, how to write a cover letter for an internship in 7 steps, 5 real-life internship cover letter examples, key takeaways: how to write a cover letter for an internship.

Generally speaking, an internship cover letter is a formal document that accompanies your resume when applying for an internship. 

When it comes to its content, a cover letter for an internship falls somewhere between a traditional cover letter and a motivational letter . 

• A traditional cover letter , used by job applicants with years of experience, is supposed to underline some of the candidate's most relevant and impressive skills, qualifications, and work achievements . 
• A motivational letter , used mostly in academia, aims to communicate one's passion for the subject, their motivation, and personal goals . 

Hence, a cover letter for an internship combines the purpose of the traditional cover letter (convincing the recruiters that you're the right person for the job) with the tone and strategy of the motivational letter (writing about personal motivations and goals).

A truly successful internship cover letter should answer the following questions:

• Who are you? 
• Why are you interested in this particular internship?
• Why are you the best fit for this internship?
• What do you want to gain from this internship?

Absolutely! 

In fact, you should always attach a cover letter to your internship application , even if it isn't explicitly required from you.  

Why, you ask? 

Well, consider this: Internships are crucial stepping stones towards your dream career. And they're also incredibly competitive. A single internship opening can be answered by tens of applicants at a time. 

But how can you stand out from a crowd of equally inexperienced candidates? Certainly not by your non-existent professional accomplishments, right? 

When companies look for interns, they don't expect you to have a ton of real-life experience. They aren't looking for a “finished product,” but for someone with a genuine desire to learn and enthusiasm for the job. 

And these two are your weapons of choice!

How can a cover letter for an internship help you?

Apart from the reasons mentioned above, your internship cover letter is also responsible for: 

• Conveying first impression. Usually, recruiters will read your cover letter before looking at your resume. So, it's the perfect opportunity to introduce yourself to them in a memorable way. 
• Showing your efforts. Next, taking the time to craft a thoughtful cover letter shows that you're willing to put in that extra effort to stand out from the rest of the candidates. 
• Highlighting your communication skills. Also, a well-written cover letter demonstrates your ability to articulate your thoughts clearly and professionally. 
• Showing your professionalism. When you walk into a room, it's polite to introduce yourself and shake everybody's hand. This is exactly what a cover letter does! To attach one to your application is a common courtesy.

Now that you're familiar with the whats and whys , let's have a look at how to write a good cover letter for an internship step-by-step. 

For example : Application for [name of the internship] internship – Surname.

Then, place your contact information (your name; professional email address; phone number; link to your website / portfolio / social media accounts if relevant) directly into the header .

If you know the recipient's name, address them by “ Dear [full name] ,” or “ Dear Mrs/Mr [last name] ,”. If you don't know who to address the cover letter to , address it more generally to “Dear Hiring Manager,” .

In the first paragraph of your cover letter , start by stating your name and where you studied (including your current degree and year of study). Proceed by explaining how you came to know about the internship and what are your motivations for applying to it.

Since you don't have much work experience, you can talk about your academic achievements; relevant coursework; dissertation project; extracurricular activities; volunteering; membership in relevant societies, etc.

The closing paragraph of your cover letter should reiterate your desire to get the specific internship, express gratitude to the recipient for their time and consideration, and include a final call for action (i.e. "I look forward to discussing the next steps during an interview." )

Finally, based on how you greeted the recipient of your cover letter, you can sign off with either “ Yours sincerely ,” or “ Yours faithfully ,” . If you addressed the recruiter by their name, sign off with the former; if not, use the latter.

Don't feel like writing your internship cover letter by hand?

Let our AI cover letter writer create the first draft of your internship cover letter!

Undoubtedly, the best way to learn something is to look at specific examples . And that's exactly what we're going to do right now! 

Below, we've prepared 5 internship cover letters written by real people with the help of our cover letter templates .

And, each of them is accompanied by our internship cover letter writing tips that you can implement into your own cover letter! 

FYI, you can use each of these examples as the first draft for your very own internship cover letter – simply click on the red button and start personalising the text (or let AI handle it).

#1 Philips Marketing Intern Cover Letter Sample

Internship cover letter example:.

This cover letter sample was provided by a real person who got hired with Kickresume’s help.

What can you take away?

• Eye-catching header.  Firstly, the header is visually clearly separated from the rest of the text. This makes the recruiters notice it immediately. Plus, the contact information of the company is also featured in the left-hand corner - just like it would be on an actual letter.
• Research the company before applying. Notice sentences like: “ I really like and relate to what Philips stands for … ” and “ Furthermore, it is very appealing that Philips operates on an international level… ”.This shows that the candidate’s done a thorough research of the company's philosophy and structure.

#2 Warner Bros. Public Relations Intern Cover Letter Example

• Share a personal story. This can help you establish a sentimental connection between you and the company. Show them that for you, working for their company means more than any old internship.
• Name-drop a referral. Now, this is a little bit of a cheat code. But, if you happen to know about anyone who has worked/currently works for the company, slip their name into your cover letter.

#3 University of Massachusetts Boston Intern Cover Letter Example

What can you take away  .

• Write about what you want to gain from the internship. It shows that you're not there just to have something to put on your resume; but that you’re motivated by the idea of gaining actual industry knowledge and skills.

#4 Audit/Tax Summer Internship at CohnReznick Cover Letter Sample

• Mention any relevant academic activities. If you're wondering how to write a cover letter for an internship with no experience whatsoever, this is your way to go! For example, notice how this candidate noted all of his relevant courses, skills, association membership, and competition participation.
• Focus on transferrable skills. Especially when your study programme doesn't necessarily fit the internship opening to a T. Instead, focus on any transferable skills you've picked up. 

#5 Intern at NBC Cover Letter Sample

• Keep your opening and closing paragraphs short and sweet. As you can see in this example, it helps keep a certain visual harmony of the overall document. And, despite the length, both paragraphs do exactly what they're supposed to. Besides, recruiters might be discouraged to read the rest of your cover letter if your introductory paragraph is too long.

To sum it all up, an internship cover letter is a formal document that you submit together with your resume when applying for an internship. Its content should be something between a traditional cover letter and a motivational letter.

Its purpose is to introduce yourself to the recruiters in a more personal way than the resume allows. 

The main things you want your internship cover letter to communicate are:

• who you are,
• why you're interested in this opportunity,
• what make you the best fit for the internship, 
• your motivation (your long-term professional goals),
• your desire to learn (what you want to gain from the experience).

To write a truly impactful and persuasive cover letter, we recommend following these 7 key steps: 

• Specify which internship you're applying for in the subject line.
• Include your contact information in a header.
• Address the recipient appropriately.
• Introduce yourself & your motivations in the opening paragraph.
• Elaborate on why you're a good fit and what motivated you in body.
• End your cover letter with a confident closing paragraph.
• Finish off with a polite sign off. 

Finally, if you feel that the examples provided in this article aren't enough, you can always find more in our cover letter database . 

Julia has recently joined Kickresume as a career writer. From helping people with their English to get admitted to the uni of their dreams to advising them on how to succeed in the job market. It would seem that her career is on a steadfast trajectory. Julia holds a degree in Anglophone studies from Metropolitan University in Prague, where she also resides. Apart from creative writing and languages, she takes a keen interest in literature and theatre.

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Does an investment banking cover letter matter?

How to write a cover letter for investment banking, download the free template, proofreading your investment banking cover letter, interview prep, more resources, investment banking cover letter.

Follow our guide and download our real investment banking cover letter template for an Analyst or Associate level position

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.

Enter your name and email in the form below and download the free template now!

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 cover letter example

Sometimes it’s bad news when you get a letter from the bank. But let’s talk about writing a letter to the bank. Because if you’re a banker looking for work, you’re going to need to write one — a persuasive banker cover letter.

Even if you’ve already created the perfect resume, you’re only half done. This article will discuss the crucial other half of your banker application, the cover letter. Resume.io is a leading provider of job search advice and tools, with resources that include more than 180 occupation-specific writing guides and corresponding cover letter examples.

The guide you're reading now is backed by a banking cover letter example that you can adapt for your own use.

What we’ll discuss here:

• Why a banking cover letter is a critical component of your job application
• How a cover letter is structured and what each component should contain for optimal impact: header, greeting, introduction, body and conclusion
• Proper design for a banker cover letter and why looks matter
• The psychology of persuasive writing
• Mistakes to avoid
• Tips for writing a banking cover letter when you lack experience

The job outlook for banking

“Banking” is a blanket term for a wide variety of finance-related occupations, everything from investment banking to starting out as a bank teller, but in general bankers are well-paid and in demand. For example, loan officers earned a median annual salary of $63,960 in 2020, according to the Bureau of Labor Statistics. J ob growth of 1% was anticipated for this profession from 2020 through 2030, much slower than the occupational average.

The banking industry grows a bit more complicated every year as new financial products are designed and new technologies develop to manage and move money globally. Banks also have to guard against the increasingly sophisticated cybercrimes that banking activity inevitably attracts. 

The good news is, if you’re a banker seeking a job, all you need are two pieces of paper. Just two! Imagine a business loan application that was so simple.

The two documents you need are an outstanding resume and an irresistible cover letter. The resume covers your employment history, education and skills. But the cover letter is how you get your foot in the door.  

For more ideas, take a look at some other cover letter writing guides and examples in our accounting & finance category listed below. 

• Accounting cover letter sample
• Finance cover letter sample
• Administration cover letter sample
• Bookkeeper cover letter sample
• Finance Assistant cover letter sample
• Finance Manager cover letter sample
• Bank Teller cover letter sample
• Auditor cover letter sample
• Private Equity cover letter sample
• Accounting and finance cover letter sample
• Bank Manager cover letter sample
• Loan Processor cover letter sample
• Accounting Internship cover letter sample
• Financial Advisor cover letter sample
• CFO cover letter sample

Why a banker needs a cover letter

Imagine you’ve been working at a bank for six years and you’d like to be considered for promotion to a new position. Would you just stick your resume under your boss’s door and wait to hear back? 

Hopefully, you would approach your boss in person, ask if s/he had a moment to talk, and then make a brief but persuasive pitch, emphasizing your previous achievements on the job and explaining why you’re ready to embrace some new challenge. Then you can hand the boss your resume. Which of these strategies do you think would be more successful — the resume stuck under the door or the personal approach?

The whole point of a cover letter is to make a personal approach to someone who has the power to offer you a job. While your job application may be subjected to all kinds of electronic filters, ultimately you’ll need a human being to offer you a job. This is your chance to introduce yourself to that person. 

There may be debate about whether or not to write a cover letter, but according to LinkedIn , you’re always better off making the extra effort.

Surveys of hiring managers have found that one of the top reasons resumes are rejected is because they aren’t accompanied by cover letters. A resume without a cover letter is like a flyer stuck under a windshield wiper: People usually throw them away.

Getting the tone right for your banker cover letter

Banking is among the most traditional and buttoned-down professions. Investment bankers don’t go to their jobs on Wall Street wearing tank tops. There’s a formality that pervades the industry, and it’s reflected in the way letters are written. Unless you belong to an uncontacted tribe in the Amazon, you’ve probably received a letter from a bank. Letters from banks tend to be friendly but professional, getting to the point quickly and informatively, and then inviting you to contact the bank if you have any questions or need any help.

Your cover letter should hit all the same notes. Keep it short, friendly and professional, yet use this space to make an irresistible pitch, and close with a call to action. The whole point of a cover letter is to establish a personal connection to a hiring manager. So while you’re writing a formal business letter, it should also be written with a personal touch.

Hold your cover letter to one page, with a maximum of 400 words, and put some thought into writing it. You need to find the right tone, and use that voice to highlight your experience, training and other qualifications for the job.

Always include a cover letter with a resume unless you are specifically asked not to. A few employers prefer that you send a resume only, and of course you have to respect their wishes. But it’s their loss, because a cover letter is a better vehicle than a resume to convey a candidate’s personality, enthusiasm, friendliness and professionalism.

Here is exactly how you can write a cover letter that will stand out from the crowd, and help you land that interview.

Best format for a banking cover letter

While your bank cover letter offers a lot of latitude when it comes to the tone and content, most cover letters should follow the same basic structure:

• The cover letter header
• The greeting
• The introduction
• The letter body
• The conclusion
• The signature.

Below is a banker cover letter example that you can customize for the position and hiring organization.

17 August, 2020

Dear Mr. Looker,

As a fluent Arabic speaker with four years of investment banking experience in the US/MEA markets, the analyst position at Borton would offer a fascinating next step in my international investment banking career.

After my bachelor’s degree in Finance, I spent three years working in corporate finance, but after my online MBA from Wharton, I started an analyst role in the M&A team at Flux Capital. Over the past four years at Max, I have been the lead analyst for six deals totalling $1.8 billion and have collaborated closely on dozens of others. I have considerable experience in accounting and risk analysis in international markets, with FDI experience concentrated around the Middle East.

As well as working on the valuations and financial viability assessments, I created and updated pitch books and became proficient in writing executive summaries. I enclose non-confidential examples of my best writing work — words make a difference when you are building trust. Giving the right data to the right person gets any deal across the line.

Given that Flux Capital was a boutique firm, I was tasked with raising our profile at networking events and conferences, allowing me to finesse my influencing skills. I am applying to Borton because your scale offers a broader range of opportunities, but I am certain that my “small guy” business development mentality will nevertheless prove useful.

• Lead analyst on $850 million M&A of US/Saudi natural resources acquisition.
• Supported the IPO process for eight start-ups onto the NYSE over a four-year period.
• Used my programming experience to update our in-house financial viability tools.

I am familiar with the culture and reputation of Borton as my uncle is a client and it has been a long-held ambition to work for you. When a role became available, I simply had to put my name in the running for an interview.

Yours sincerely,

Let’s explore what each cover letter component should contain.

Cover letter header

The header of your letter should be an attractively designed section at the top that contains your name, address, phone number and email. Often it will also mention your occupation — for instance, “Investment Banker”.

Other than letting the company know how to reach you, the header is a design element that provides some visual relief from what would otherwise be solid paragraphs of black text.

Your banker resume and cover letter should be designed in the same style — fonts, font sizes and formatting. This gives you a “visual brand” and shows that you’re organized and you pay attention to detail.

Mixing several different fonts and styles will make your resume and cover letter look like Frankenstein’s monster — random parts badly stitched together. Strive for a coherent and consistent design.

Goal of the cover letter header: Distinguish yourself from other job applicants with a visually distinctive style that makes your letter inviting to read. Prominently displaying your contact information makes it easy for impressed recruiters to get in touch.

Greeting for a banker cover letter 

This is the line that says, “Dear Mr. (or Ms.),” followed by the last name of the hiring manager. 

You should almost always try to address your letter to a specific individual rather than the entire company. People like to read their own names, and letters that are addressed to an individual rather than an entire company are more likely to get a reply. Also, it shows your attention to detail if you’ve gone to the trouble of finding out the name of the appropriate person to address.

If you’re responding to a job listing that doesn’t mention the name of the hiring manager, it may be worthwhile to call the company and inquire. But if the company prefers that letters be addressed more generically, follow its wishes. Sometimes you have to use a greeting that says something like “Dear (Employer) Hiring Team.”

Goal of the cover letter greeting: Start off on a professional note while making a direct personal connection with the hiring manager.

Cover letter introduction

Your intro should be an attention-grabbing paragraph that identifies your job objective and briefly previews your qualifications for the job. Use energetic, lively language that shows enthusiasm and confidence, but beware of crossing a line into arrogance or excessive familiarity. Set the right tone from the beginning, and write an opening paragraph that will make your correspondent want to read more.

Goal of the cover letter introduction: Capture the hiring manager’s attention with an intriguing preview of your qualifications that motivates further reading..

Here’s an introduction idea from our banking cover letter sample.

Sample of a cover letter body 

In the central two or three paragraphs of your letter, you have to make your primary case. This is where you describe your work experience, your past achievements in banking and any other qualifications that make you a good fit for the job you’re seeking.

Be specific in describing your accomplishments at past jobs, using facts and figures wherever possible (think numbers, dollar figures, percentages, etc.). Also, try to use an anecdote or two to describe a specific challenge you faced in the past as a banker and how you resolved it.

You may also choose to use the body of your letter to discuss your education, any special certifications or credentialing, and perhaps the reasons for your interest in this particular company. Compare your cover letter to your resume, and while some cross-over is inevitable, try to use the valuable space in your letter to say something your resume doesn’t.

Remember that your letter should not be about why you deserve a job, but about how you can help this company solve its problems, save money or increase efficiency. Emphasize how you can help them, not how they can help you.

Goal of the cover letter body: Persuade this employer that your contributions as a banker would be beneficial..

Our banker cover letter sample illustrates what you might include in the middle part.

Cover letter conclusion and signature

Your last paragraph should contain some kind of call to action —you are looking forward to a reply, you would be delighted to schedule an interview, etc. 

You may even wish to ask if you could call in a week or so to follow up. This shows that you’re serious about this particular job and not just mailing letters at random. Put yourself in the shoes of the person you’re writing to — wouldn’t you pay just a bit more attention if you knew that this letter writer would be calling you soon?

However, it’s possible that some employers might find such a suggestion a bit pushy. Study your target, and write your pitch accordingly.

Your sign-off should generally be a simple “Sincerely” or the equivalent, followed by a space and your typed name. You can also insert your actual scanned signature if you like, though this is not considered essential in electronic correspondence.

Goal of the cover letter closing: End on a positive, self-assured note that suggests you expect the hiring manager will get in touch.

Below is the closing section of our banker cover letter example.

Layout, design and formatting of your banker cover letter

Your letter should look as good as it reads, and that’s why it’s important to follow some basic rules for good design and formatting.

• Fonts: Choose a modern, easy-to-read font that looks attractive but doesn’t call attention to itself. Beware of exotic fonts that may turn to garble on someone else’s computer.
• Font size: Use a font size of 10 to 12 points. If you’re having trouble holding your letter to one page, trim your text before you try to solve the problem by reducing the font size.
• Margins: Include one-inch margins on the left, right, bottom and top.
• Alignment: Body text should be aligned left, not justified from margin to margin. Leave a space between paragraphs, and keep the paragraphs short.
• White space: Don’t overlook the importance of leaving space on your page that contains nothing at all. Good design always includes an appropriate amount of white space to give the eye a break.
• File format: Unless you’re specifically asked for a Word file, save your cover letter as a PDF. The main advantage of a PDF is that it will preserve the formatting of your letter so that it looks the same on any computer. With other file types, you run the risk that some of your text may become unreadable, and it may jump all over the page in places where you didn’t put it.
• Use a professional template: To sidestep all of these potential pitfalls, use a professionally designed cover letter template from resume.io. We’ve taken care of all the formatting for you, so all you have to do is fill in your own content.

The psychology of writing a cover letter for a banker job

Never forget that you are writing a letter to a human being, and you need to think about how it will be received. Put yourself in the shoes of your correspondent, and write in a human voice that is professional but personable.

Psychologists say we all react to different stimuli with a combination of emotional and rational responses. Emotional responses are quicker and more automatic, but more deeply felt. Rational responses are slower and more deliberative. An ideal cover letter should inspire both.

So while this is a professional business letter, don’t hesitate to include language that appeals to the heart as well as the head. “Emotional language” might include some reference to your passions and desires, while “rational language” could be a more factual recitation of your employment history and banking career achievements.

Try using the AIDA model to inject your letter with emotional appeal:

• Grab the reader’s attention by telling a story about yourself related to the job
• Increase interest level by appealing to the hiring manager’s needs
• Create a desire to hire you by detailing how you satisfy the job requirements
• Close with a call to action.

It’s important to study each employer carefully to determine the best approach. If you’re aware of specific needs or problems the company has, and if you have your own strategy for resolving them, say so. It’s always a good idea to include something in a cover letter that shows you’re writing to a specific employer and not mass-mailing a letter to all.

You should also look at the tone of voice the company uses in addressing the public. Most banks use a friendly but formal voice on their websites and in communications with customers. You should endeavor to match the style and tone used by your prospective employer.

You should also consider your position as a banker relative to the employer. If a bank is seeking a new CEO and you’re eminently qualified, you would probably write in a more authoritative voice than a college student looking for her first internship.

Mistakes to avoid in a banking cover letter

Here are some of the common mistakes people make in writing cover letters:

• Writing errors: These include typos, misspellings and errors in grammar, punctuation and capitalization. Surveys have found that simple writing mistakes are the most common reason job applications are rejected.  
• Clichés: “I am writing to….” Stop there! We already know you’re writing, because we’re reading your letter. “Please consider this letter my application for….” Ditto! Other clichés include describing yourself as a “self-starter” or a “team player” who “thinks outside the box. Avoid using stock phrases that every recruiter has read a thousand times before, and strive for fresh, original language.  
• Non-customized letters: If your letter says nothing specific about the company you’re writing to, most hiring managers will assume it’s the same copy-and-paste letter that you’re also sending to all their competitors. Make every cover letter unique, targeted to a specific employer.  
• Irrelevant info: Avoid discussing your hobbies or other aspects of your life that aren’t relevant to the job you’re seeking.  
• Design errors: Strange fonts, tiny margins, huge blocks of text, zero white space and other formatting errors can disqualify your letter at a glance.

Banking cover letter sample with no experience

You may feel that you are stuck in a circular situation: You can’t get a banking job without experience and you can’t get experience without a banking job. That’s a frustration every worker has felt, yet they all got their first job somehow. 

The key is to start with the skills you do have. If you are new to the banking industry, but not to the workforce, explain in your banker cover letter why you want to move into banking. Then, highlight the skills you used in your previous jobs that will transfer to banking. 

Any business or project manager work ranks high, so check out resume.io cover letter examples for those fields, too. Emphasize your communication, organization and problem-solving skills — all abilities that will stand you in good stead in any career.

Consider mentioning your emotional intelligence , also known as emotional quotient or EQ, because, according to Forbes , hiring managers know that a vast majority of their high performers also rank high in this area.

Key takeaways for a banking cover letter

• Bankers who are seeking employment need an excellent resume and an outstanding cover letter, the latter in order to make a personal appeal to a hiring manager.
• A cover letter is your way of introducing yourself personally to a prospective employer. You should always include a cover letter in a job application unless you’re specifically asked not to.
• Cover letters have a formal structure that you should adhere to, and each component of your letter should serve a specific function.
• Design can be as important as content, and you must ensure that your letter adheres to basic rules about fonts, formatting and the overall look.
• Every cover letter should be unique and targeted to a specific employer.
• A professionally designed template can save you from a multitude of errors. The quickest and safest way to write a cover letter is to start with a proven structure where all you have to do is add your own information.

Free professionally designed templates

How to Write an Internship Cover Letter [Expert Advice & Examples]

Published: May 31, 2024

It’s been a few years since I applied for my first internship, but I still remember the difficulties I encountered. After I finally crafted an eye-catching resume , I faced the daunting prospect of creating an internship cover letter for every application; I honestly didn’t know what to include or the tone I should strike.

Although I got the internship, in the end, I never found out whether my academic achievements, experience, or well-crafted cover letter got my foot in the door. However, I’ve always been curious.

With the benefit of hindsight — and some guidance from cover letter experts and hiring professionals — I’m here to help you write a winning internship cover letter. Let’s dive in.

Table of Contents

How to Write a Cover Letter for an Internship

Writing my own internship cover letter, internship cover letter examples, internship cover letter templates.

• Include your name, date, location, and contact information.
• Include the company name, department, and address.
• Address the hiring manager.
• Set the context for your application.
• Sell your experience and personalize your cover letter.
• Think about your cover letter’s readers (humans and machines).
• Close the letter with grace and a call to action.
• Proofread, proofread, and proofread.

I’ve seen some creatively designed cover letters, but in my opinion, you can’t go wrong with the traditional business letter format, which you’ll find in our free cover letter templates .

Download our cover letter templates …

Business professionals use this format style to apply for full-time roles and other purposes, so it’s something you can reuse in the future.

Remember to use formal terms such as “Dear” and “Sincerely,” and lean towards a professional tone in your body copy. Even if you know the recruiter personally, always use formal salutations instead of “Hey!” or Hi [name]. ”

1. Include your name, date, location, and contact information.

Ensure you provide your contact information, such as your phone number, email, and location, on your internship cover letter.

Since you’ll probably be sending your cover letter online (through an email or web form), you don’t need to provide your full home address — your city and state should be enough for most positions.

Your Address

Your City, State, Zip Code

Cell: 555-555-5555

Email: [email protected]

2. Include the company name, department, and address.

With your personal information out of the way, it’s time to showcase your research skills a little. Do an internet search to find the full name and address of the company you’re applying to. Try to dig deep to find the department name, but leave it out if you’re unsure.

If the internship will be remote, use the company’s general headquarters address if the internship will be remote.

City, State Zip

3. Address the hiring manager.

Tempted to type “To whom it may concern” or “Dear hiring manager” ? In your hunt for an internship position, you’ll stand out from the crowd by being resourceful. So, channel your inner sleuth by tracking down the hiring manager’s name.

You might find their role description on the company website, but if not, your best bet is to look through LinkedIn.

If you can’t find the hiring manager's name, or you’re unsure if you’re addressing the right person, leave the name out. I think it’s safe to say that sacrificing a bit of personalization is much better than addressing the wrong person in your cover letter.

5 Free Cover Letter Templates

Five fill-in-the-blank cover letter templates to help you impress recruiters.

• Standard Cover Letter Template

Entry-Level Cover Letter Template

• Data-Driven Cover Letter Template

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4. Set the context for your application.

The first paragraph can make or break your internship cover letter and your entire application.

I’ll admit: I’ve always found opening paragraphs tricky, whether they’re for a cover letter, regular email, or a blog post, but they’re essential for creating a strong first impression and engaging the reader.

First, explain how you found out about the company or position. If you know anyone at the company, you can mention them here. Next, express your interest in the company and how it relates to your goals and passions. Also, make sure you get your basic information down, like your name, education level, major, and interests.

Depending on the company and position, you could try a creative approach to get your reader’s attention. Here’s one that worked for me early in my career:

“Can I tell you a secret? I’ve been telling stories since I was five years old. No, not fibbing — real storytelling ...”

A word of warning, though: Be sure to research the company’s culture before taking an approach like this. While this opening statement worked well for startups and more laid-back companies, a big accounting firm might find it culturally off-beat.

Pro tip : Geoffrey Scott , hiring manager and certified professional resume writer at Resume Genius, says, “The cover letters that stand out to me are ones where the candidate’s excitement clearly comes through. Of course, the tone must stay professional, but it shouldn’t be dull. When you’re passionate about what you do, it comes through in your cover letter.”

5. Sell your experience and personalize your cover letter.

Your cover letter isn’t supposed to be a summary of your resume, so go deeper and personalize it for your internship application.

To start, read through the specific position’s description and pick out a few qualities that you think apply to you. I don’t recommend choosing all the descriptors mentioned, as it could appear disingenuous and make your cover letter too long.

For instance, if I see a company looking for someone who’s “outgoing, organized, hardworking, and willing to take criticism,” I would pick the qualities that best describe me and focus on providing examples in the body of my cover letter.

You should cover things like:

• Relevant coursework.
• Soft skills (e.g., teamwork, problem-solving).
• Extracurricular activities (e.g., volunteering).
• Work experience (if any).

That said, make sure you tie them to the internship opportunity. For example, you could say, “I understand that this role requires that I consistently meet deadlines. I held down a part-time job while keeping up with my college assignments, which demonstrates my time management skills.”

Pro tip : If you lack relevant experience, use your research and knowledge to show enthusiasm. Daniel Space , a human resources business partner who has worked with companies like Spotify and WebMD, told me he once hired a French major instead of an HR major for an HR internship.

Why? He explains, " Not only did she clearly articulate how she understood the role … she also spent a few sentences describing the company going through a merger and correctly assuming that her work would be in helping with that.”

6. Think about your cover letter’s readers (humans and machines).

According to Jobscan’s research , 487 out of 500 Fortune 500 companies (97.4%) used an Applicant Tracking System in 2023. If you’re not familiar, this is a tool used to streamline hiring tasks.

Why do they matter for internship cover letters? Well, companies use these systems to filter resumes and cover letters based on keywords.

Ben Lamarche , general manager at recruiting firm Lock Search Group, told me that his company screens internship applications using an application tracking system.

When I asked how applicants could get their cover letters seen by a human, he recommended “ avoiding excessive formatting, sticking to a basic text layout, and including a few important words from the internship description, such as the precise requirements for skills and knowledge.”

Pro tip: Wondering how long your internship cover letter should be? I recommend you limit it to under a page or around 250 to 400 words. Also, use shorter paragraphs to break up the text.

Here’s what Indrė Padegimienė , talent acquisition specialist at Omnisend, has to say on the matter: “Recruiters are pretty busy people with hundreds of applications to review, so clear and concise communication is key. A five-page cover letter won’t get you a job.”

7. Close the letter with grace and a call to action.

If the internship application does not explicitly state “ please do not contact, ” you might choose to conclude by specifying how you will follow up, such as, “I will call next week to see if my qualifications are a match,” or “I am eager to meet with you to discuss this opportunity, and am available for an interview at a mutually convenient time.”

In your closing paragraph, thank the hiring manager for taking the time to consider you, and end on a positive, confident note, such as, “I look forward to speaking with you soon.”

Pro tip : You may even go a step further and give the hiring manager a call to action . I don’t think it hurts to include a link to your online portfolio , website, or even a YouTube channel where you display your work and personality.

To see how often hiring managers follow through on your calls to action, track the number of clicks on your link using a URL tracker like Bitly .

8. Proofread, proofread, and proofread.

When I asked Scott (Resume Genius) about the cover letter pitfalls he encounters the most, applicants’ lack of proofreading stood out.

After describing the cover letter mistake of simply summarizing what’s in your resume, he shared, “Another common error that could end up costing you a position is having spelling and grammar mistakes, especially if the internship is for anything that requires close attention to detail, like data entry. This seems obvious, but you wouldn’t believe how often I see it.”

Even with the availability of spell-checking tools like Grammarly , internship applicants still submit cover letters riddled with typos. Let me put it this way: You’ve done the hard part of actually writing your internship cover letter, so don’t let small mistakes put employers off.

Pro tip : Some companies provide AI cover letter generators. You simply input your resume and the job description, and you should get a decent-looking cover letter in seconds.

Just remember that while AI generators can save you time, you should check over everything they produce to ensure the AI hasn’t told any tall tales about your hands-on experience or skill set or made any mistakes. As you’ll see in these ChatGPT-generated internship email examples , caution and revisions are advised.

If you’re still unsure after your check-up, get a friend or classmate to proofread your cover letter for clarity and spelling before you finally sign off on it and hit send.

Now, I’ll use the tips I gave you above to craft an internship cover letter. In this sample, I will be applying for an event planning position. I start by including my contact information. That includes an address, phone number, and email address.

I also included the recipient’s contact information including the department I’m applying for.

I start with a greeting and the hiring manager’s name. If you can find a direct contact, referring to the person by name is preferred. From there, I mention that I am a referral and mention my contact at the company. I can then introduce myself and discuss relevant school experience relating to the role.

In the next section, I refer to relevant professional experiences. While these may not apply to an event role in corporate, I mention club work that I’ve done that relates to the role. I also reference an orientation job I held at the university that matches the events skillset.

From there, it’s time to wrap up with a conclusion. I also used Preview’s signature function on my Mac to include a handwritten signature followed by a typed version of my name.

Now, let’s explore some other cover letter examples for inspiration.

To inspire you further, I’ve curated additional internship cover letter examples tailored to different industries and positions. I’ll also explain why each example works and what you can do to evoke a similar response.

1. Hospitality Internship Cover Letter

Why This Cover Letter Example Works

I like that this cover letter demonstrates the applicant’s passion, willingness to learn, and previous industry experience. If I were the hiring manager, I’d shortlist them based on their internship cover letter.

How to Incorporate That Into Your Internship Cover Letter

I recommend you start by analyzing your own transferable skills and experience and seeing how they relate to the internship you're applying for.

Do you have any examples, facts, or figures that you can include in your letter? This will help the hiring manager understand your interest in the position and give them more of a reason to hire you over the competition.

I often see applicants use statements like, “I helped increase my group’s scores by [X]%.” If you have any figures like this, use them, but be honest about the role you played.

2. Supply Chain Internship Cover Letter

I could easily tell that, like many internship applicants, this student had yet to gain professional experience in the field. However, the applicant does a great job of showing enthusiasm for taking on real-world experiences.

They also demonstrate their knowledge of three areas of supply chain management: forecasting, inventory management, and logistics.

Go through your course notes and write down a list of topics and terms relevant to the internship you’re applying for. After I’ve completed coursework, I sometimes need to remind myself of what I’ve covered.

3. Fashion Design Internship Cover Letter

The student wrote a great second paragraph discussing their experience participating in design projects with original pieces that show their “artistic vision.” I also like that the student highlights how their design philosophy aligns well with Sleeves and Thread’s commitment to “pushing boundaries.”

Do your research on the company you’re applying to. You can compliment them on awards they have won or mention how you would fit well within their company culture.

4. Finance Internship Cover Letter

Rebecca takes the time to highlight her skillset, but she also balances her cover letter with reasons why Banking Corporation will be a great fit for her career. She gives plenty of reasons why the company appeals to her, which helps balance the cover letter.

Don’t be afraid to explain what an internship will do for you . Yes, companies want to know how an intern can help them, but they know you’re mainly there to advance your career.

5. Marketing Internship Cover Letter

If you work in marketing or another creative industry, you’ll have more freedom when it comes to drafting your cover letter. Here, Robin takes a novel approach by weaving in colorful language that practically jumps off the page. With just enough pizazz, their personality shines through. I think any marketing hiring manager would be eager to learn more.

Let your creative side run free! On a blank page (a creative’s nightmare, I know!), type out plenty of eye-catching phrases and sentences to showcase your writing skills. Next, see if you can find the right places to add them to your internship cover letter.

If, instead of examples, you’d like a jump-off point, don’t worry — I’ve got you covered. Here are some internship cover letter templates to get your creative juices flowing.

Standard Internship Cover Letter Template

This highly customizable internship cover letter is generic but can serve as the foundation for all your applications.

Data-Driven Internship Cover Letter Template

If your major is data-driven, like STEM, marketing, or accounting, I think this is the internship cover letter template for you. With this template, you can include the data highlights of your class projects and assignments to show the hiring manager that you can support your experience with credible facts.

As you approach your senior year of college, you may be looking for entry-level roles rather than internships. Cover letters are just as important for full-time roles as they are for internships, so use this template to make the transition in your job search.

Wrapping Up Your Internship Cover Letter

Worried about not having enough experience or skills to get your preferred internship? Don’t stress over what you haven’t achieved yet — and remember, everyone starts somewhere.

Instead, take stock of your academic and extracurricular achievements and see how you can apply your skills and experience to an internship.

Then, you’re ready to craft a compelling cover letter that shows you’re competent, enthusiastic, and willing to go the extra mile for every position you apply for. Whether you get your preferred internship or not, you’ll be happy that you gave it your best shot.

Don't forget to share this post!

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Investment Banking cover letter examples

Investment banking is a competitive industry, and your cover letter is your chance to give context to your CV and stand out from the crowd.

But if you want to get noticed, you need to focus on showcasing your biggest achievements in the field, and we can help.

For top tips and writing advice you can bank on, check out our comprehensive guide and investment banking cover letter examples below.

CV templates 

Investment Banking cover letter example 1

Build your CV now 

Investment Banking cover letter example 2

Investment Banking cover letter example 3

These Investment Banking cover letter examples provide you with some guidance and inspiration for writing a cover letter that gets noticed and ensures your CV will get opened.

But if you really want to master the art of writing a winning cover letter , then follow our step-by-step cove letter writing guide below.

How to write an Investment Banking cover letter

A simple step-by-step guide to writing your very own winning cover letter.

Write your cover letter in the body of an email/message

You should write your cover letter in the body of the email (or messaging system if sending via a job board) and never attach it as a document.

The reason for this?

You want your cover letter to start connecting with the recruiter from the moment they open your application.

If they have to open a document to read it, it will slow things down and they may not even bother to open it.

Start with a friendly greeting

To start building rapport with the recruiter or hiring manager right away, lead with a friendly greeting.

Try to strike a balance between professional and personable.

Go with something like…

• Hi [insert recruiter name]
• Hi [insert department/team name]

Stay away from old-fashioned greetings like “Dear sir/madam ” unless applying to very formal companies – they can come across as cold and robotic.

How to find the contact’s name?

Addressing the recruitment contact by name is an excellent way to start building a strong relationship. If it is not listed in the job advert, try to uncover it via these methods.

• Check out the company website and look at their  About page. If you see a hiring manager, HR person or internal recruiter, use their name. You could also try to figure out who would be your manager in the role and use their name.
• Head to LinkedIn , search for the company and scan through the list of employees. Most professionals are on LinkedIn these days, so this is a good bet.

Identify the role you are applying for

Once you have opened the cover letter with a warm greeting, you need to explain which role you are interested in.

Sometimes a recruitment consultant could be managing over 10 vacancies, so it’s crucial to pinpoint exactly which one you are interested in.

Highlight the department/area if possible and look for any reference numbers you can quote.

These are some examples you can add..

• I am interested in applying for the role of *Investment Banking position* with your company.
• I would like to apply for the role of Sales assistant (Ref: 40f57393)
• I would like to express my interest in the customer service vacancy within your retail department
• I saw your advert for an IT project manager on Reed and would like to apply for the role.

See also: CV examples – how to write a CV – CV profiles

Highlight your suitability

The main purpose of your cover letter is to excite recruiters and make them eager to open your CV. And you achieve this by quickly demonstrating your suitability to the job you are applying for.

Take a look at the job adverts you are applying for, and make note of the most important skills being asked for.

Then, when you write your cover letter, make your suitability the focal point.

Explain how you meet the candidate requirements fully, and why you are so well suited to carry out the job.

This will give recruiters all the encouragement they need to open your CV and consider your application.

Keep it short and sharp

It is best to keep your cover letter brief if you want to ensure you hold the attention of busy recruiters and hiring managers. A lengthy cover letter will probably not get read in full, so keep yours to around 3-6 sentences and save the real detail for your CV.

Remember the purpose of your cover letter is to quickly get recruiters to notice you and encourage them to open your CV, so it only needs to include the highlights of your experience.

Sign off professionally

To round of your CV, you should sign off with a professional signature.

This will give your cover letter a slick appearance and also give the recruiter all of the necessary contact information they need to get in touch with you.

The information to add should include:

• A friendly sign off – e.g. “Kindest regards”
• Your full name
• Phone number (one you can answer quickly)
• Email address
• Profession title
• Professional social network –  e.g. LinkedIn

Here is an example signature;

Warm regards,

Jill North IT Project Manager 078837437373 [email protected] LinkedIn

Quick tip: To save yourself from having to write your signature every time you send a job application, you can save it within your email drafts, or on a separate documents that you could copy in.

What to include in your Investment Banking cover letter

Here’s what kind of content you should include in your Investment Banking cover letter…

The exact info will obviously depend on your industry and experience level, but these are the essentials.

• Your relevant experience – Where have you worked and what type of jobs have you held?
• Your qualifications – Let recruiters know about your highest level of qualification to show them you have the credentials for the job.
• The impact you have made – Show how your actions have made a positive impact on previous employers; perhaps you’ve saved them money or helped them to acquire new customers?
• Your reasons for moving – Hiring managers will want to know why you are leaving your current or previous role, so give them a brief explanation.
• Your availability – When can you start a new job ? Recruiters will want to know how soon they can get you on board.

Don’t forget to tailor these points to the requirements of the job advert for best results.

Investment Banking cover letter templates

Copy and paste these Investment Banking cover letter templates to get a head start on your own.

I am writing to apply for the Investment Analyst position at CitiBank. With over 5 years of experience in financial analysis, valuation, and M&A transactions at Goldman Sachs and JPMorgan, I have honed my skills in creating financial models and conducting market research to deliver strategic advice and financial solutions to clients.

In my current role at Goldman Sachs, I manage a portfolio of over 50 clients with a total transactional asset value of £800million per annum. My in-depth understanding of the financial services industry has optimised business growth, resulting in a 30% client retention rate, surpassing company KPIs by 10%.

During my time at JPMorgan, I achieved investment returns of over 25% for clients by identifying undervalued commercial companies. Moreover, I improved productivity by 11% through the adaptation of the combined asset management database.

I am eager to bring my expertise in investment strategy, market research, and portfolio optimisation to CitiBank. I am available for an interview at your convenience and look forward to discussing how my skills can add value to your team.

Kind Regards,

Charlotte Froissant

I am writing to apply for the Asset Management Advisor role at JPMorgan. With a successful 20-year career as a Chartered Asset Management Advisor at leading UK banks like Morgan Stanley and Trex Bank, I possess the strategic acumen to manage a client portfolio worth over £40million.

Demonstrating my proficiency in client acquisition and revenue growth, I have grown my client portfolio by 15% in my first year at Trex Bank, generating £750K in profit for the company. In my current position, I have secured referral agreements with three third-party financial services companies, resulting in a remarkable 12% increase in local client interest. My ability to liaise with third-party organisations, combined with extensive professional networks in Madrid and New York, allows me to deliver personalised financial management plans effectively.

I am eager to discuss how my skills and achievements align with the requirements of JPMorgan. I am available for an interview at your convenience.

Stanley Dixon

I am delighted to apply for the Risk Manager position at Deutsche Bank. As a seasoned Risk Officer with 30 years of experience in the financial services sector, I have a proven track record of developing and implementing risk management strategies for leading UK commercial banks.

At Nationwide Building Society, I led the development of a liquidity risk management framework with a 92% success rate during the COVID-19 pandemic. Additionally, I successfully implemented a stress testing program at HSBC, enhancing the organisation’s ability to assess and manage credit risks during economic downturns. My expertise in enterprise risk management, regulatory compliance, and stakeholder engagement aligns well with the requirements of the role. Moreover, my MBA from LSE and Chartered Financial Analyst (CFA) qualification further strengthen my ability to effectively navigate complex financial landscapes.

I am enthusiastic about the opportunity to contribute my versatile set of skills to the risk management team at Deutsche Bank. I am available for an interview from next week and look forward to discussing how my experience can add value to your organisation.

Helena Sidmore

Writing an impressive cover letter is a crucial step in landing a job in Investment Banking, so taking the time to perfect it is well worth while.

By following the tips and examples above you will be able to create an eye-catching cover letter that will wow recruiters and ensure your CV gets read – leading to more job interviews for you.

Good luck with your job search!

Sample cover letter for Internship position at bank

Got the job yes.

P.O.BOX 72175

DAR ES SALAAM.

RE: APPLICATION FOR INTERNSHIP OPPORTUNITY.

Kindly refer the heading above,

I am graduate of Bachelor of Business Administration-marketing management from Mzumbe University, I am here by applying for a chance to work as an intern in your organization. .

Iam applying for the post because as an analytical and dynamic individual,I believe I would be able to participate and impact considerably the ongoing operational success of your organization, am confident that I could perform the best for the mentioned post following the practical experience, skill and knowledge that I have obtained by working in Trade, promotion and marketing department of The Ministry of Industry and Trade, also I have attended different programs like Business and organizational leadership technique, Movers and shakers training course at Mzumbe university plus the knowledge I have acquired from Mzumbe University for three years, give me much confidence that I could be the best candidate for this post.

Iam also excellent in the use of ICT and the use of word and data processing programs including Microsoft office suite and SPSS.Personally, am a very honest, professional and with high integrity, also a very committed and hard working person.You will find me as someone who can juggle both financial and bookkeeping responsibilities along with general administration and customer service tasks. I believe that my practical experience, knowledge and education should make me an ideal candidate for this post, I hope my application will be considered.

With thanks,

xxxxxxxxxxxxxx

10 Impressive Bank Teller Cover Letter Examples

Looking to score a job as a bank teller? Crafting a compelling cover letter is your key to getting noticed by the hiring manager. A strong cover letter should highlight your enthusiasm and professionalism in the finance and banking industry. Sharing your excitement about the role can make a big difference.

Examples of Bank Teller Cover Letters

Example 1: fresher bank teller cover letter.

**[Your Name]** [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date]

**[Hiring Manager’s Name]** [Bank’s Name] [Bank’s Address] [City, State, ZIP Code]

Dear [Hiring Manager’s Name],

I’m excited to apply for the Bank Teller position at [Bank’s Name] that I saw on [where you found the job posting]. I recently graduated with a degree in Finance from [Your University], and I’m eager to start my career in banking. I believe my education and enthusiasm for helping people make me a great fit for this role.

During my studies, I learned a lot about financial principles and customer service. I took courses in financial accounting, banking operations, and risk management, which gave me a good foundation for this job. Plus, my part-time job as a cashier at [Previous Employer] helped me get hands-on experience with cash transactions, balancing drawers, and providing excellent customer service.

I’m particularly interested in [Bank’s Name] because of your commitment to the community and customer satisfaction. I’m confident that my proactive approach and positive attitude would be a great addition to your team. I’m excited to bring my strong work ethic, attention to detail, and passion for helping others to [Bank’s Name].

Thanks for considering my application. I look forward to the opportunity to discuss how my background, skills, and enthusiasm can contribute to the success of [Bank’s Name]. Please feel free to contact me at [Phone Number] or [Email Address] to schedule an interview.

Best regards,

[Your Name]

Example 2: Bank Teller Cover Letter for Someone with No Prior Experience

I’m thrilled to apply for the Bank Teller position at [Bank’s Name] that I found on [where you found the job posting]. Even though I don’t have direct banking experience, my background in retail and customer service has given me the skills I need to excel in this role.

In my previous job as a Sales Associate at [Previous Employer], I developed strong customer service skills, including handling cash transactions, resolving customer inquiries, and maintaining accuracy in all tasks. My ability to juggle multiple responsibilities and provide excellent service in a fast-paced environment has prepared me well for a bank teller position.

I’m impressed with [Bank’s Name]’s reputation for outstanding customer service and community involvement. I’m eager to bring my dedication, attention to detail, and passion for helping others to your team. I’m confident that my positive attitude and willingness to learn will make me a valuable asset to [Bank’s Name].

Thanks for considering my application. I look forward to the opportunity to discuss how my skills and experiences can contribute to the success of [Bank’s Name]. Please feel free to contact me at [Phone Number] or [Email Address] to schedule an interview.

Example 3: Bank Teller Cover Letter for a Career Changer

I’m excited to apply for the Bank Teller position at [Bank’s Name] that I saw on [where you found the job posting]. With my background in customer service and a strong desire to move into the banking industry, I’m confident that my skills and experiences make me a great fit for this role.

For the past [number] years, I’ve worked as a [Previous Job Title] at [Previous Employer], where I developed excellent customer service skills, including managing cash transactions, resolving customer inquiries, and maintaining accuracy in all tasks. My ability to handle multiple responsibilities and provide exceptional service in a fast-paced environment has prepared me well for a bank teller position.

I’m particularly drawn to [Bank’s Name] because of your commitment to customer satisfaction and community involvement. I’m eager to bring my dedication, attention to detail, and passion for helping others to your team. I’m confident that my positive attitude and willingness to learn will make me a valuable asset to [Bank’s Name].

Example 4: Bank Teller Cover Letter for Someone with a Gap in Employment

I’m writing to apply for the Bank Teller position at [Bank’s Name] that I saw on [where you found the job posting]. With a background in customer service and a strong desire to return to the workforce after a career break, I’m confident that my skills and experiences make me a great fit for this role.

Before my career break, I worked as a [Previous Job Title] at [Previous Employer], where I developed excellent customer service skills, including managing cash transactions, resolving customer inquiries, and maintaining accuracy in all tasks. During my time away, I stayed current with industry trends and took online courses in finance and customer service to keep my skills sharp.

I’m particularly interested in [Bank’s Name] because of your commitment to customer satisfaction and community involvement. I’m eager to bring my dedication, attention to detail, and passion for helping others to your team. I’m confident that my positive attitude and willingness to learn will make me a valuable asset to [Bank’s Name].

Example 5: Bank Teller Cover Letter for Someone with Direct Experience

I’m excited to apply for the Bank Teller position at [Bank’s Name] that I saw on [where you found the job posting]. With [number] years of direct experience as a bank teller, I believe I have the skills and expertise to make a valuable contribution to your team.

In my current role at [Current Employer], I handle a variety of tasks including processing customer transactions, balancing cash drawers, and providing exceptional customer service. I’ve developed a strong eye for detail and a knack for resolving customer issues efficiently. My experience has taught me the importance of accuracy and professionalism in every interaction.

I’m particularly impressed with [Bank’s Name]’s commitment to innovation and customer satisfaction. I’m eager to bring my experience, dedication, and passion for helping others to your team. I’m confident that my background and skills align well with the goals of [Bank’s Name].

Thank you for considering my application. I look forward to the opportunity to discuss how my experience and skills can contribute to the success of [Bank’s Name]. Please feel free to contact me at [Phone Number] or [Email Address] to schedule an interview.

Examples of Short Bank Teller Cover Letters

Dear Hiring Manager,

I am excited to apply for the Bank Teller position at (…) Bank. With two years of experience at (…) Bank, I have developed strong customer service skills. My ability to handle cash transactions and resolve customer inquiries efficiently makes me a strong candidate for your team.

Best regards, Your Name

Your posting for a Bank Teller caught my eye due to my passion for customer service. I have experience in maintaining accurate records and ensuring customer satisfaction. My friendly attitude and attention to detail help me manage daily banking activities effectively.

Sincerely, Your Name

I am eager to join (…) Bank because of its commitment to community service. I have extensive experience in handling transactions and providing excellent customer support. Your bank’s values align with my dedication to helping others and delivering top-notch service.

Yours truly, Your Name

During my time at (…) Bank, I managed transactions and balanced ledgers with a 98% accuracy rate. I trained new tellers on best practices and resolved customer issues quickly. I am confident these skills will contribute significantly to your bank’s success.

I am thrilled about the opportunity to work as a Bank Teller at (…) Bank. I have always been passionate about helping customers and ensuring their financial transactions are seamless. My strong communication skills and ability to work under pressure make me a perfect fit for this role.

Warmly, Your Name

Crafting Your Cover Letter

The cover letter header.

Start with your contact information, including your name, address, phone number, and email. Include the date and the bank’s contact details.

• 123 Street Name, City, State, ZIP
• [email protected]
• (123) 456-7890

Include the manager’s name. If you don’t know it, “Hiring Manager” works. A strong header shows you are professional and detail-oriented.

Effective Opening and Introduction

Begin with a greeting to the hiring manager by name. Mention the position you are applying for and where you found the job posting. Share a brief sentence about your enthusiasm for the role.

• “Dear Mr. Smith,”
• “I am excited to apply for the Bank Teller position at ABC Bank.”
• “I found this opportunity on your website.”
• “As someone passionate about customer service, I am eager to join your team.”
• “With a strong background in finance, I am confident in my abilities to succeed.”

Highlighting Your Experience and Achievements

If applicable, describe your past work experiences related to bank teller tasks. Focus on achievements that show your skills and reliability.

• “At (…) Bank, I processed high volumes of cash transactions daily.”
• “I increased customer satisfaction ratings by 15% through excellent service.”
• “Recognized as Employee of the Month twice for accuracy and efficiency.”
• “Managed cash registers with 99.9% accuracy.”
• “Assisted in training new tellers to ensure smooth operations.”

Demonstrating Your Bank Teller Skills

Highlight specific bank teller skills such as cash handling, problem-solving, and customer service. Use examples that show these skills in action.

• “I handled cash transactions efficiently, reducing wait times for customers.”
• “Identified and prevented potential fraudulent activities.”
• “Upsold banking products, achieving 20% sales increase.”
• “Cross-sold services, helping clients choose the best financial products.”
• “Resolved customer complaints by finding effective solutions quickly.”

Close your cover letter by summarizing your strong points and expressing your interest in an interview. Be polite and confident.

• “My experience and skills make me a perfect fit for this role.”
• “I am eager to bring my dedication to ABC Bank.”
• “I am confident that my background aligns with the job requirements.”
• “I would love the chance to discuss how I can contribute to your team.”
• “Thank you for considering my application, and I hope to hear from you soon.”

Include a formal closing such as “Sincerely, Jane Smith.”

Understanding the Hiring Process

To get a bank teller position, you need to know what hiring managers look for and how your cover letter can make an impact. These steps are key to standing out and getting that interview.

What Hiring Managers Look For

Hiring managers want to see specific qualifications. They look for experience with banking or financial software and previous cashier or customer service roles. Highlighting these skills in your application can make a difference.

Having a background in banking is a plus. If you’ve worked with financial transactions or have achievements in customer service, mention these. They help show that you’re ready to handle bank tasks.

An engaging personality matters too. Hiring managers look for friendly and approachable candidates. Showing your soft skills can make your application stand out. Think about the best ways to show you’re a good fit for the job.

The Role of the Cover Letter in the Interview Process

A cover letter introduces you to the hiring manager. It’s your first chance to show why you’re a strong candidate. Use it to explain your interest in the job and highlight your key qualifications.

Mention examples. For example, say “I have experience using banking software which helped speed up transaction times.” This gives hiring managers a clear idea of your skills.

Avoid long paragraphs and use bullet points if needed. Get to the point quickly so it’s easy to read.

Your cover letter should show enthusiasm for the position and the company. This enthusiasm can be a deciding factor in getting an interview.

Frequently Asked Questions

How can i create a compelling bank teller cover letter without any experience.

If you don’t have experience, focus on your skills and willingness to learn. Mention any customer service roles, even if not in a bank. For example, “I worked at a retail store where I handled cash and interacted with customers daily.” This shows you have some relevant skills.

What are some tips for writing a successful bank teller application letter as a fresh graduate?

As a fresh graduate, highlight your education and any relevant classes or projects. Talk about any internships or part-time jobs. For instance, “I completed an internship at (…) Bank where I learned about bank operations and customer service.”

Could you suggest ways to highlight my skills in a bank teller cover letter?

List specific skills like cash handling, customer service, or attention to detail. Use examples such as, “I consistently balanced my cash drawer without errors,” or “I have strong math skills from my coursework.”

What should be included in a bank teller cover letter to stand out to potential employers?

Include your enthusiasm for the role, examples of relevant skills, and a brief mention of why you want to work at their bank. For example, “I admire (…) Bank’s commitment to the community and would love to contribute to your team.”

How do I format a bank teller cover letter effectively for a PDF submission?

Use a clean, simple layout with a professional font like Arial or Times New Roman. Keep it to one page. Save your document as a PDF to ensure the formatting stays the same. Name your file appropriately, like “John_Smith_Cover_Letter.pdf.”

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How to Write a Cover Letter for an Internal Position (With Examples and a Template!)

Applying for an internal position isn’t just a matter of submitting a resume and hoping for the best. It’s about strategically positioning yourself as the perfect candidate for a role within a company that already knows you.

The prospect of new challenges, career growth, and the chance to contribute in different ways can be highly motivating. But with that comes the need to navigate office politics , manage relationships, and ensure that your application stands out.

We’ll explore what makes a cover letter for an internal position different from a traditional cover letter , why it’s crucial to write a good one, and how to do it effectively. We’ll also include examples and a template to help you get started.

Think you need to look outside your current company? One of these open jobs on The Muse might just be the one »

Is a cover letter for an internal position different from a traditional cover letter?

Yes! When you're applying for a job within the same company, you're not starting from scratch. The hiring manager already knows you and has very easy access to a reference check, so your cover letter must reflect proximity. Balancing familiarity with professionalism is key.

Unlike a traditional cover letter, where you introduce yourself and explain your interest in the company, a cover letter for an internal position should focus on your achievements , your understanding of the company culture, and your vision for how you can contribute to this new role.

“The process might be less formal but is often more competitive because you’re up against colleagues,” says Kenan Acieklly, CEO of Workhy , who has nearly a decade of experience in HR and business management. “Decisions may weigh heavily on your internal reputation, past performance, and ability to articulate your future potential within the company.”

Why should I write a cover letter for an internal position?

Writing a cover letter for an internal position is crucial for several reasons. You might think that since you're already an employee, a cover letter is just a formality. However, skipping it or writing a generic one could really hurt your chances.

This cover letter should highlight why you’re the best candidate for this different role, even if your managers and colleagues already know your work ethic and contributions. You’re making the case that you're not just a good employee, but the right person for this specific job.

Writing a cover letter underscores your seriousness about the role. “It’s an opportunity to articulate your vision and demonstrate continued commitment to the company’s success,” Acikelli says. And it serves many important functions:

• It reaffirms your interest in the company: Even though you already work there, this shows that you're still committed to the company's mission and values.
• It highlights your achievements: This is your chance to remind the hiring manager of your successes within the company—things they might not remember or know about if they weren’t directly supervising you.
• It shows your initiative: Applying internally demonstrates that you’re eager to grow and take on new challenges. A well-crafted cover letter underlines your proactive approach to your career.
• It provides a tailored narrative: This letter allows you to connect your current role with the new one, explaining how your skills, experience, and knowledge of the company make you the ideal candidate.

How to apply for an internal role

Let's go over some of the most common questions about applying for an internal position:

Is it OK to apply for an internal position?

Yes, it is absolutely OK to apply for an internal position. Companies generally encourage internal mobility as it allows them to retain talent and leverage existing employees’ skills and institutional knowledge. Applying for an internal position shows that you are committed to the company and interested in furthering your career within the organization.

How to express interest in an internal position?

It's important to be both professional and enthusiastic. Start by scheduling a meeting with your current supervisor to discuss your career goals and explain why you're interested in the new role. During the conversation, emphasize your desire to continue growing within the company and explain how the new position aligns with your career aspirations. Make sure to follow any formal application procedures, such as submitting an updated resume and a strong cover letter.

How do you tell your boss you are applying for an internal position?

Schedule a private meeting with your boss to discuss your plans. Be upfront about your intentions, explaining why you’re interested in the new role and how it aligns with your long-term career goals . Emphasize that this move isn’t a reflection of dissatisfaction with your current position, but rather a desire to grow and take on new challenges within the company. It’s important to assure your boss that you remain committed to your current responsibilities and that you will help ensure a smooth transition if you’re selected for the new role.

Do I need a CV for an internal job?

Yes, you typically need a curriculum vitae (CV) or resume when applying for an internal job. While the hiring managers might already know you, a CV provides a formal document that highlights your relevant experience, skills, and accomplishments. It also helps you present your qualifications in a structured way that aligns with the job requirements. Make sure to tailor your CV to the specific role you’re applying for, emphasizing the experience and achievements that are most relevant to the new position.

How do you message a hiring manager for an internal position?

Keep the tone professional and concise. Start by introducing yourself and expressing your interest in the position. Mention that you are currently working in the company and explain why you believe you are a good fit for the role. Offer to provide more information or discuss your qualifications in detail at their convenience. Close the message by thanking them for considering your application and expressing your enthusiasm for the opportunity.

“Dear [Hiring Manager’s Name],

I am writing to express my interest in the [Job Title] position that was recently posted. I have been with [Company Name] for [X years] as [Your Current Position], and I believe that my experience and skills align well with the requirements of this role. I would greatly appreciate the opportunity to discuss how I can contribute to the team in this new capacity. Thank you for considering my application. I look forward to the possibility of working together.

Best regards, [Your Name]”

How to write a cover letter for an internal position (examples included!)

Now that you already know the basics of how to apply for a role within your current company, let's focus on how to write an impressive cover letter for an internal position.

Think of it as a way to remind decision-makers why you're the right person for the job—because of your qualifications, your understanding of the company’s goals, and how you can contribute to its success in a new capacity. Your cover letter for an internal position should convey your enthusiasm for the position, reflect on what you've achieved so far, and outline how you plan to make an even bigger impact if given the opportunity.

Follow this structure to make an impressive cover letter for an internal position:

1. Start with a strong opening

Begin by expressing your excitement about the new role and your commitment to the company. Mention how long you’ve been with the company and briefly describe your current position.

“I am thrilled to apply for the [Job Title] position. Having been with [Company Name] for [X years], I have developed a deep understanding of our operations and have consistently strived to contribute to our success in meaningful ways.”

2. Highlight your accomplishments

This is where you shine a light on what you've achieved in your current role. “Start with your accomplishments in your current role, then connect those successes to the value you’ll bring to the new position,” Acikelli says.

“In my current role as [Your Current Job Title], I successfully led [Project Name], which resulted in [specific achievement, e.g., a 20% increase in sales]. This experience has given me invaluable insights that I am eager to apply in the [New Job Title] role.”

3. Showcase your knowledge of the company

Use your insider knowledge to your advantage. “Mention any cross-departmental collaborations to show your versatility and readiness for broader responsibilities,” Acikelli says. Discuss how your understanding of the company’s culture, goals, and challenges makes you a good fit for the new role.

“Having worked closely with [Department/Team], I am well-versed in the challenges we face in [specific area]. I am particularly excited about the opportunity to contribute to [specific initiative or project related to the new role], as I believe my experience and knowledge could greatly benefit our efforts.”

4. Align your skills with the new role

Clearly explain how your skills and experience align with the requirements of the new position. Be specific about what you bring to the table that will help you succeed in this role.

“My experience in [specific skill or area] has equipped me with the [specific abilities] needed to excel in the [New Job Title] role. I am confident that my background in [relevant experience] will allow me to [specific contribution].”

5. Express your commitment to growth

Demonstrate that you're eager to learn and grow within the company. Mention any relevant training or development you’ve pursued and how you plan to continue growing in the new role.

“I am committed to continuous professional development, as evidenced by my completion of [relevant training or certification]. I am eager to further develop my skills in [specific area] and contribute to [Company Name] in new and impactful ways.”

Cover letter template for internal position

Use the following cover letter template for internal position as a guide. This structure will help you effectively communicate your enthusiasm for the position while leveraging your internal experience to stand out as the ideal candidate.

[Your Name] [Your Current Job Title] [Company Name] [Email Address] [Phone Number] [Date]

[Hiring Manager’s Name] [Hiring Manager’s Job Title] [Company Name]

Dear [Hiring Manager’s Name],

I am writing to express my interest in the [Job Title] position that recently opened up in [Department Name]. Having been with [Company Name] for [X years], I have gained a deep appreciation for our company’s mission and values, and I am excited about the opportunity to contribute to [specific department or project related to the new role] in this new capacity.

In my current role as [Your Current Job Title], I have had the privilege of [mention your key achievements]. This experience deepened my understanding of [specific area or department] and inspired me to seek new challenges within [Company Name]. I am particularly drawn to the [Job Title] position because [specific reason related to the new role].

One of the aspects of [Company Name] that I value most is our commitment to [specific company value or mission], and I am eager to contribute to [specific project or initiative related to the new role] in a more direct way. I believe that my background in [relevant experience or skill] aligns perfectly with the needs of the [Job Title] position, and I am confident in my ability to [specific contribution or goal].

I am also committed to continuous growth and development, as evidenced by [mention any relevant training or certifications]. I am excited about the opportunity to bring my skills and experience to the [Job Title] role, and I look forward to the possibility of continuing to grow with [Company Name].

Thank you for considering my application. I am enthusiastic about the opportunity to further discuss how I can contribute to the success of [Company Name] in this new role.

Sincerely, [Your Name]

Bottom line

By carefully crafting your cover letter, you can position yourself as the ideal candidate for the role. Remember, your cover letter for an internal position is your chance to highlight your achievements, showcase your understanding of the company, and demonstrate your commitment to growth. With the right approach, you can successfully transition into a new role within the same company, taking your career to the next level. Good luck!

More From Forbes

3 tips for including internship experience in a cover letter.

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How to stand out from the crowd as a new grad with internship experience

If you are a fresh graduate looking for a new job, a cover letter can help paint a helpful context of who you are and why you would be an excellent fit for the company. For seasoned professionals with considerable career milestones, resumes are often adequate to show their skillsets and how they would perform at a new job. Indicators like the type of company, pace of promotion, and scope of responsibilities paint a picture for the hiring managers of how they can expect the candidate to perform even before the interviews.

The good news for new graduates is that they are on an even playing field as they embark on a new career path with their peers. The downside is the need for additional information for the candidate to stand out from the crowd. Internship experience can be an advantage if leveraged and narrated correctly. When a company hires a new graduate, it knows the lack of experience and proof points to consider in the candidate. They are therefore looking for genuine interest, willingness to learn, and potential in new grads. If you have internship experience, including them in your cover letter is an excellent opportunity to feature these qualities. Here are a few tips on how to do this best.

Showcase Your Decision-making Process

One risk of hiring new graduates is that they may quit quickly if they find that the industry or the job function is not what they expected. If you have interned at a similar company, you can explain how that experience solidified your interest in the field and helped you narrow down the jobs you are genuinely interested in. By discussing your decision-making process and how the internship provided real-life perspective, you can demonstrate that you are a knowledgeable decision-maker rather than someone who is simply influenced by outside perspectives.

On the other hand, if you interned in an entirely different industry and position, you can use this experience to demonstrate that you discovered what you truly want to pursue. Highlight the positive lessons learned during the internship and avoid speaking negatively about past opportunities. The crucial point is to showcase what you gained from the experience and how it has strengthened your interest in the current company and role.

Be Truthful About The Scope Of Your Experience

Internship experiences can vary widely depending on the company, from simply shadowing an employee to conducting in-depth analysis or participating in structured rotational programs. However, it's important to note that internships typically don't involve holding leadership positions or having significant decision-making authority. It's essential to be honest about your role and responsibilities during an internship, as exaggerating or misrepresenting your experience will likely be noticed by hiring managers.

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In addition, you should not disclose any confidential information about the company at any time. Keep your account of the experience brief and truthful.

Highlight Relevant Skillsets And Potential

If your previous internship provided you with the skills described in the job requirements for the position you are applying for, be sure to emphasize this and explain how you used those skills, as well as your eagerness to further develop them. For example, if you gained experience in analyzing complex datasets during your internship, highlight how you enhanced the company's training through your independent learning efforts, express your enthusiasm for the skill, and illustrate how it contributed to the team's goals to demonstrate your understanding of the practical application of your work. This can show your potential for growth, desire to learn, and proactive orientation towards your job, attributes all hiring managers seek.

When hiring recent graduates, hiring managers are aware that the candidates do not have extensive pre-existing skill sets or decision-making experience. They are hired with the expectation to learn quickly, contribute enough to offset the onboarding and training efforts, and hopefully grow within the company. Including an internship experience in your cover letter can help alleviate any concerns the hiring manager may have about your genuine interest in the company and role, and your desire to learn. It also provides a context for the kind of employee you will be, in ways a resume cannot for new grads.

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