Just like most other corporate companies, banks too receive loads of resumes and letters like investment banking cover letters on a daily basis. The truth is, with the bulk of things they receive, they don’t really have time to go through each and every letter from cover to cover. So how do you make them read yours? Here are some tips.
Keep it short
Investment banking cover letters are not entries to an essay writing competition, so don’t put any unnecessary things there that will only make your letter too lengthy to read. Include only the important things in such a way that the meat of the letter can be read within the first 30 seconds. Chances are, if the people reading your cover letter lose interest from the beginning, they won’t even finish reading the whole thing. Get to the point – who you are, what you’ve done, and why we should pay attention to you.
Follow a structure
Plan how your letter is supposed to look and sound like. Just like any sound composition, the elements in your investment banking letter should be coherent. Regardless if the points you want to convey are present, they won’t make a good argument if they are not presented logically. Readers of your finance cover letter have little time. Don’t expect them to have lots of patience.
Include only Relevant Information
Select the items relevant to the point you’re making. What the investment is about? How profitable do you expect it to be? There’s no need to layout the history behind the concept or even the brainstorming that led to the idea of the investment. These things you can discuss in person. They have no space in an investment banking cover letter.