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...
I don't think it matters, from what I read so far, Ibankers don't really read cover letters. Plus from the jobs I seen on the site, there are some that even says "don't include cover letters".
I would go for the bullet points tho, easier on the eyes when they are trying to go through 90-100 apps.
DONT 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.
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.
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