Investment Bank Cover Letter Internship

("ticker") and believe that [the company], at the current price of .00, trades at a 123% discount to my estimated fair market value of .30" (Both made up numbers to scale to the actual numbers listed in the 'report').123% discount? Don't you think about the stuff you write before you blast it out to hundreds of potential employers? He's clearly never done anything but 'book learn' on these subjects. He uses four valuation methodologies on the stock with the sole intention of showing that he knows more than one valuation method.

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I am writing to inquire about a possible in your office.

I am aware it is highly unusual for undergraduates from average universities like (BLOCKED) to intern at (BLOCKED), but nevertheless, I was hoping you might make an exception.

If you have mistakes in it or make outrageous claims, your cover letter will be circulated and laughed at.

Like @Comp Banker said, you won't get the interview with your cover letter.

Your goal for your cover letter isn't to single-handedly land you an interview with your eloquence and grandiose; it's to check the box and make sure it's proper enough that it doesn't get you dinged. Any more than that, and you're giving them potential reasons to ding you. The best thing you can do is name drop people you have talked to.

Our users shared great input on why 'less is more'. Mention who you've talked to at the firm, your interest in the job, your qualifications, and briefly (very briefly) explain any gaps in your resume. That way I know you have done your homework, and I can ask the person you talked to how your chat was.What you really want people to be looking at is the resume. I think cover letters are better when they are focused on your past work experience as opposed to general and arbitrary sentiments about how you are a "hard worker and team player with a strict attention to detail". However, I am 100% committed and motivated to prove myself in a finance position."Bad luck?The longer your cover letter is the larger the chance that you'll have a typo or say something stupid. No, it's the shitty and difficult-to-read resume, cover letter, and 'research reports' that are the issue.The cover letter holds almost no weight, other than to put you at risk for being dinged.Make it very simple, very bland, and just say all the usual things.Revealing Your Ignorance: Even worse than just plain ignorance, the below quote was from an attached research report that this guy wrote.Since he thought it was worth including, I assume the report was something he was proud of, but it was cringe-worthy."I am placing a STRONG BUY recommendation on [company].Your research probably sucks unless you've been doing it professionally.If there is any doubt at all about including a 'research report', do not do it.(Side note: The research report had a lot of opinions and not a lot of facts, and it lacked connections between really basic facts about the current state of the business to the 'projections'.)If you don't think you have a chance to get the job, you can toss a Hail Mary with your cover letter.Here's a cover letter an audacious undergrad used in an effort to stand out and grab the attention of its reader. We don't recommend using this cover letter unless you lack the slightest chance of getting the interview in the first place.Dear BLOCKED, My name is (BLOCKED), and I am an undergraduate finance student at (BLOCKED).


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