Investment Banking Analyst Cover Letter provides a brief introduction to the professional capacities of an investment banking analyst. The basic task of investment banking analysts is to analyze financial data and conduct market research. They are also involved with creation of financial models, proposals, prospectuses, and preparation of internal schedules. They work with team leaders, associates, clients and top management. This needs them to possess excellent persuasion, communication and interpersonal skills. Many times, they are needed to make presentations making presentation skills necessary.
Decision making is an important quality for an investment banking analyst. This ability has to be based on a thorough analysis of all the dimensions of the task at hand. And for such an analysis, the candidate has to be ready to work with details for long hours on a continuous basis. This brings us to another requirement of an investment banking analyst: the readiness to work with cumbersome details day in and day out. Employers look out for candidates with graduation in accounts, finance, or other economics related field. Those with a master's degree in business administration are preferred and experienced applicants are valued.
Investment Banking Analyst Cover Letters need to focus on these dimensions of a candidate's personality. Apart from these, there are some other general considerations that this cover letter has to adopt. These are related to the length, language, and tone of the letter. The effective length of the letter should not exceed one page. The language has to be simple and should avoid use of too many technical terms. And, the tone has to be professional.
Here is an example of investment banking analyst cover letter:
December 20, 2011 Burt Smith 100 S. Michigan Avenue, Chicago, IL 60603 312-663-7240 firstname.lastname@example.org
Harry Lancaster Human Resource Executive, Pinnacle Investment Bankers, 3000 S. Federal Street, Chicago, IL 60616
Dear Mr. Lancaster,
This is with reference to your advertisement in the "Chicago Tribune", dated December 15, 2011, inviting applications for the position of an investment banking analyst in your esteemed organization. I hereby submit my application for the said position. I am qualified for the said position in your organization as per the conditions of eligibility mentioned in your advertisement. I have over seven years of experience as an investment banking analyst and I am looking for an opening with one of the best names in this line of work.
I specialize in promotion and underwriting of share issues of new software companies and expansion / diversification of established software companies. The other area where I command considerable expertise is trouble shooting. I have been a part of teams mandated with the improvement in fiscal management of loss making companies / subsidiaries. I also have some experience in dealing with the financial aspects of mergers and acquisitions.
I am more than aware with all the laws, regulations, documents, and other paper work related with these aspects of the financial world. My graduation in accounts followed by an MBA and experience has made me cognizant with these aspects. I have an eye for detail and I can work out minute details on a daily basis without losing sight of the big picture. I am comfortable with the extremely hectic schedule of this discipline. I have a decisive temperament and my judgment has been sharpened by my experience. More often than not, I get things right.
It will be a pleasure to work with an organization where skill and commitment is valued and commensurately rewarded. I have attached my resume with this cover letter. You can get in touch with me on the telephone number or the email address mentioned above. Yours sincerely,
(Burt Smith) Enclosure: Resume
Investment Banking Analyst Cover Letter should effectively bring out the technical abilities of the candidate. This has to be combined with the readiness of the applicant to make correct decisions based on detailed and continuous analysis.