Help with cold email

This is the current template I'm using to cold email search funds and ask for an internship. I've sent 30 so far with 15 opens (according to my plugin that tracks when an email is opened) and of the ones that were opened, only 1 replied back agreeing to a call.


"Dear Sir/Madam,

My name is (name) and I am a rising sophomore studying (major), interested in the search fund sector.

I understand you are probably busy, but I would greatly appreciate an opportunity to briefly speak with you about your experience operating (fund name). I can adjust my schedule to accommodate a time that works best for you, but how does 4:00 PM EST on (I list the next 2 workdays here) sound?

My resume is attached for reference.

Best regards,

(name)"


Am I searching for an internship too late? I thought for freshmen most less competitive smaller firm internships were still open into the spring. If you guys could help me see what I'm doing wrong or could improve to get a better response rate, that would be much appreciated. Thanks in advance

 

Nihil quasi animi aut necessitatibus culpa in nihil. Eum corrupti quos nisi beatae illo. Qui ut amet quae corrupti deserunt.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

December 2023 Investment Banking

  • Lincoln International 01 99.6%
  • Lazard Freres (++) 99.1%
  • Jefferies & Company 02 98.7%
  • William Blair 12 98.3%
  • Financial Technology Partners 02 97.9%

Overall Employee Satisfaction

December 2023 Investment Banking

  • William Blair 04 99.6%
  • Lincoln International 10 99.1%
  • Moelis & Company 25 98.7%
  • Stephens Inc 11 98.3%
  • Jefferies & Company 08 97.8%

Professional Growth Opportunities

December 2023 Investment Banking

  • Lincoln International 01 99.6%
  • Lazard Freres 17 99.1%
  • Jefferies & Company 02 98.7%
  • Financial Technology Partners 06 98.3%
  • UBS AG 16 97.8%

Total Avg Compensation

December 2023 Investment Banking

  • Director/MD (6) $592
  • Vice President (34) $390
  • Associates (168) $257
  • 3rd+ Year Analyst (15) $187
  • 2nd Year Analyst (106) $168
  • Intern/Summer Associate (48) $167
  • 1st Year Analyst (322) $166
  • Intern/Summer Analyst (235) $95
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
Betsy Massar's picture
Betsy Massar
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
kanon's picture
kanon
98.9
9
MidMarketMcLovin's picture
MidMarketMcLovin
98.8
10
numi's picture
numi
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...”