[Cover letter] Writing Motivation for Structuring

Hey guys,

I'm writing a paragraph on the motivation for Barclays Trading and Structuring internship role, wonder if you could help to critique? I struggle to write something about Barclays itself because I don't know their specific structuring desks and strengths (FX? based on old info around the forum) enough to write them (Only talked to past interns about their experience). Appreciate your comments in advanced! Thank you.

"My interest in structured products grew from the bespoke solutions and possibilities that they offer in the to the investors. I believe it would be a great fit given my interest in the intricacies of structured products and complex behavior of the financial market. Through this opportunity, I desire to gain experience within the world of financial markets and to engage in the end-to-end process of the product development, from origination to marketing and to closing a product. In contrast to my previous role, I want to be making a more direct contribution to drive the profitability of the Bank. In addition, to get myself acquainted with the concept of trading and to stay on top of markets, I am currently involved in the Leeds Trading and Investment Group trading competition in my university. Therefore, this role provides an ideal platform for me to become more creative and well-versed in the financial market and products in order to leverage the opportunities. The role mirrors my ambition of working in a competitive environment surrounded by successful and like-minded peers."

I am currently pursuing a master in aerospace engineering and I had a brief stint in a bank working in a management office at group level, so it's not very related to the business units.

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 (13) $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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
CompBanker's picture
CompBanker
98.9
9
Jamoldo's picture
Jamoldo
98.8
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...”