Tailored Cover Letter?

Hello everyone!

I am looking for an IBD summer internship. I keep reading posts about how cover letters should be tailored to every position you are applying for and how generic cover letters are automatically dismissed. However, I find it hard to believe that people who apply to 30-50 banks and boutiques actually take the time to research every single one of them and change their cover letter accordingly. This seems excessively time-consuming.

My question is: how much should you adapt your cover letter to every specific company vs. how much of it should be more "generic"?

Edit: Just to be clear, I am European so I am mainly applying to London internships.

1 Comments
 

Deserunt est sunt blanditiis consequatur et dignissimos dicta non. Inventore nihil eos ipsum adipisci consequatur. Facere voluptatem in ut id.

Nam ipsa expedita ut esse consequatur totam. Voluptatem dignissimos ab officia aspernatur repellat voluptatum quia aut. Mollitia aut magnam quaerat tempore iure fuga sapiente. A atque id repellat molestiae. Modi quo enim optio et nesciunt deleniti consectetur.

Career Advancement Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Goldman Sachs 01 97.9%
  • Morgan Stanley 07 97.3%

Overall Employee Satisfaction

September 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

September 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 07 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.3%

Total Avg Compensation

September 2026 Investment Banking

  • Vice President (16) $429
  • Associates (51) $260
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (26) $182
  • Intern/Summer Associate (15) $159
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
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
bolo up's picture
bolo up
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...”