Are cover letter read in the UK?

Hi Monkeys, 

I was wondering how much time I should dedicate to my cover letter over preparing for interviews. I am about to apply to spring weeks, and I am not sure what is the deal with cover letter. Are they important or they just look at the CV?

 
Most Helpful

Let me illustrate you with an example. I used to have a template that I used for all bulge brackets, I just used to changed the name of the bank in the first and last paragraph. One day I applied to BoA with a Cover letter addressed to Citi and I still got invited to the super day

Analysts invest between 3 and 5 seconds on each CV, obviously they won’t read whatever candidates write on cover letters. 

Work hard on a nice CV, and then practice for interviews and hire vues, but do not waste a lot of time on cover letters. 

 

Tempora vel quibusdam atque eius. Tempora qui eveniet placeat eum numquam dolores. Et omnis perferendis eligendi magni voluptatem sunt earum. Libero est aut dolores omnis. Qui voluptatem est est sapiente. Illo qui sunt nulla.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
kanon's picture
kanon
98.9
9
bolo up's picture
bolo up
98.8
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...”