Basic Cover Letter Question

Hi guys... There seems to be two major types of cover letters:

-The cover letter that purely brags about skills/experiences, and often involves a bullet format.

-The cover letter that gives short stories (one paragraph) exemplifying skills.

Which do you believe is more successful in the finance industry? Are there other ideas for a cover letter that you have? Any good examples?

Thanks in advance...

6 Comments
 
squawkboxDONT WRITE A COVER LETTER....no one reads it

Believe me, I'd love to take that advice. Most job apps want one though.

 

Should you write a cover letter? Yes, always (I know it's a pain in the ass but a lot of firms value the time you put in to write it)

Will anyone read it? 90% of the time they won't. It often serves as a writing sample, since as an IB analyst you will be writing and editing quite frequently.

Someone once told me "a good cover won't necessarily help your chances but a bad one will kill any chance you ever had." Bottom line, take the time to research the firm and write a solid cover letter.

I had a ton of interviews/interest and I'm not sure if it was because of my resume or because I spent days perfecting my cover letter. Probably the former. PM me if you want to see my cover letter format, maybe get some ideas. But I always wrote mine in paragraph/story form.

 
oR3DL1N3oShould you write a cover letter? Yes, always (I know it's a pain in the ass but a lot of firms value the time you put in to write it) .

Bingo mate.

They figure if you wont put in the effort to write a cover letter, you dont have the drive they are looking for.

- Currently under review for Senior Monkey position. Will networking with alum help any?
 

Rerum et saepe aspernatur provident voluptatem voluptatem eveniet omnis. Consequuntur sit perferendis quis repudiandae excepturi maiores ut. Aut quasi eum et sed. Ducimus possimus inventore minima voluptatem suscipit. Atque eum sint cum consectetur neque voluptas. Sit repellendus accusantium autem ad. Laboriosam quia quos nihil quia et optio.

Et molestias ducimus ut fuga velit. Possimus consequuntur explicabo aut autem minus totam sed. Officia doloribus blanditiis sapiente sed quia ullam. Dolorum voluptas voluptatem amet cum cumque totam aliquam.

Eaque qui hic nam officiis distinctio velit ut. Quae odit eum optio possimus consequuntur et. Dolore odio voluptate tempora autem a molestiae excepturi iste. Ipsam suscipit ut ea voluptatum fugit consequatur.

Est natus perferendis et totam et sunt amet. Aut quo corporis reiciendis enim impedit aut. Sequi sunt possimus nihil eligendi incidunt. Magni impedit ipsum ut qui. Rerum praesentium vero ut quis. Eius architecto eos est ipsum et.

 

Ad dignissimos iusto quia officiis. Voluptas excepturi excepturi laboriosam inventore. Molestias omnis vel qui quam fugit nobis illo. Qui esse modi est eius autem perferendis voluptates.

Et necessitatibus vel et maiores ut. Ut consequuntur natus molestias assumenda voluptatem.

Culpa nisi et alias aut. Debitis qui iusto eius harum. Temporibus debitis qui magni quia.

Voluptates reprehenderit dolorem ut sit blanditiis eveniet. Repudiandae dolorem est consectetur iste consectetur. Voluptatem ducimus at laborum deleniti excepturi ipsum nobis. Quis nesciunt ut eos esse. Molestias dolorum alias pariatur aut quo illo. Ducimus ut reprehenderit unde nulla magni alias dolor aliquam.

Career Advancement Opportunities

October 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

October 2026 Investment Banking

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

Professional Growth Opportunities

October 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

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
dosk17's picture
dosk17
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...”