Investment Banking Intern Cover Letter must arouse the curiosity of the recruiter and persuade him to move on to the resume of the candidate. For this to happen, the content and tone of the letter has to be so tuned that it acts as music to the ears of the recruiter. It is a good idea to study the job advertisement thoroughly to understand the precise requirements of the organization. If the candidate is genuinely serious about the opportunity, he can collect relevant information about the organization and customize his job application to the needs of his potential employer. The best place to do this is the cover letter that provides a personal touch to the entire application.
The main task of investment bankers is to buy and sell securities on behalf of government organizations and large corporations. Investment Bankers work with corporate groups to raise capital or finance for mergers and acquisitions. Some of them can also be involved with providing investment advice and management of portfolios. Employers look out for graduates in finance, accounts, or related field while some require candidates with an MBA degree in addition to a bachelor's degree in the mentioned fields.
Investment Banking Intern Cover Letter needs to point out to the above requirements along with the candidate's ability to analyze information and act decisively on the basis of this analysis. Excellent communication skills are necessary in order to convince superiors of the inferences drawn from the analysis. The candidate needs to depict his dexterity with accounts, math, and statistics along with a readiness to handle whatever relevant responsibility handled to him.
Here is an example of investment banking intern cover letter:
December 6, 2011
50 Worth Street,
New York, NY 10013
Human Resource Executive,
Morgan Stanford Financial Services,
New York, NY 10012
Dear Mr. Boyle,
This is with reference to your advertisement in "The New York Times", dated December 1, 2011, inviting applications for the position of an intern investment banker in your esteemed organization. I hereby submit my application for the said position. As per the eligibility conditions prescribed in the advertisement, I am qualified for the said position in your organization. I am a finance graduate and presently I am completing the last semester of an MBA course. I am looking to start my career with a firm that offers enormous potential for growth to its employees and that has among the best employee retention rates due to a coherent working culture.
I have completed a bachelor's degree in finance with top grades from the Stanford University. During graduation, I have been involved in case studies related to acquisition of capital for new companies and for expansion of business of established companies. I have been part of student groups for the study of international finance. During the last year of graduation, I presented a paper titled, "The Great Depression and Lessons for the Present," at the GloFin Presentation Competition and received the first prize for the same.
I have considerable knowledge of all aspects of investment banking with a special interest in the primary market. My participation in study groups and case studies has apprised me with the broad contours of standard operating practices and regulations in the financial world. My interest in your organization dates back to my school days when you were among the few institutions demanding rationalization of financial regulations. Of particular interest to me is the comprehensive training that you provide to interns.
It will be a great pleasure to start my career with an organization like yours. I have attached my resume with this letter. You can contact me on the phone number or the email address mentioned above.
Investment Banking Intern Cover Letters have to emphasize the educational qualifications and theoretical attainments in the absence or shortage of genuine experience. Since this is an entry level position, the candidate will do well to express his readiness to work with whatever responsibility he is allotted with.