How do I Write an Investment Banking Cover Letter?

When writing an investment banking cover letter, it is important to be clear and concise. Introduce yourself and plainly state your objectives, without attempting to give too much detail. Use a professional salutation, as well as a professional closing, and be sure to proofread and spell check your investment banking cover letter before attaching it to your resume.

The purpose of an investment banking cover letter is to introduce yourself and explain why you are applying for a banking job. Since your letter will be accompanied by a resume, it is not necessary to go into great detail about your qualifications and experience. Of course, these things should be mentioned, but when writing a cover letter, always remember that it is an introduction intended to only give the reader a brief snapshot of who you are professionally.

Before concentrating on a cover letter format, it is important to first research the firm you are applying to. While conveying your hopes to become an investment banker, you also want to demonstrate that you understand a bit about the company you hope to work for. Within your letter, it is also a good idea to mention how your skills and qualifications will enhance the investment banking firm’s business.

Begin your investment banking cover letter by placing your address and date on two separate lines at the top of the page. Skip a space after your information and then specify the name of the person the letter is directed to. Beneath that person’s name, include the person’s title. Directly underneath the intended recipient’s title, print the company’s name and place the firm’s address on the next line. Double space again and insert a professional salutation that addresses your contact by name.

An investment banking cover letter format should include an average of three brief paragraphs. In the first paragraph, explain the letter’s purpose and the investment banking position you are submitting your resume for. It is here that you should include a statement connecting your research on the firm and why you believe you are a good candidate for the position.

In the next paragraph, elaborate on your skills and qualifications. Within two to three sentences, sell yourself to the reader by being specific about your previous experience and accomplishments. Reserve the last sentence of this paragraph to connect for the reader how your qualifications make you the right person to become an investment banker for the firm in question.

The last paragraph of your investment banking cover letter should notify the reader that your resume is enclosed. Ask the reader to consider your qualifications and directly ask for an interview. Be sure to offer a word of thanks for the reader’s time, attention and consideration before closing your investment banking cover letter with your handwritten signature and printed name.