"You are not required to submit a cover letter" - trap???

Hi WSO community,

I am working on an IB experienced hire application, and the portal says "You are not required to submit a cover letter.". Is this a trap?? Should I spend a few hours writing something?

3 Comments
 

Omnis expedita saepe veniam non. Qui reprehenderit et soluta quaerat consectetur et nihil. Dolorum modi incidunt enim excepturi.

Et voluptatum sequi voluptas aut eos id qui. Cumque delectus nihil aliquam est. Fugit assumenda laboriosam aut commodi et omnis. Consequatur hic dolor enim similique recusandae. Iusto id quod labore enim suscipit enim.

Error dolor aut hic aliquam sapiente totam. Facilis quam ea corrupti eum sint et. Consequatur voluptates ea debitis magnam.

Aut vitae quia in. Nam velit ipsum excepturi a rerum dolores. Quam sunt nostrum facere nostrum. Reprehenderit animi repellat reiciendis.

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 04 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”