I am currently enrolled in a Bachelor of Business Administration at [University] in [City], which I will complete in the summer of I believe that due to my educational and personal experience I would be a suitable candidate for a summer trainee at Baird.
Not recruiters working with experienced hires. Just how important is reflected by the fact that some banks specify them as a must-have in the ir graduate recruitment process. Goldman Sachs is particularly demanding - it requests that graduate applicants write a personal statement which is effectively a cover letter in words or less.
In theory, Goldman Sachs is ditching its cover letter process and will soon be using HireVue digital interviews to select all its student hiresbut for the moment the word killer cover letter is still an integral part of the Goldman recruitment process.
What makes a good banking cover letter?
Mai Le, a former Goldman Sachs investment banking associate runs CoverLetterLibrarya community which houses a collection of cover letters that have enabled juniors to get jobs at banks in the past. Le says the best cover letters have two things in common: By comparison, Le says the worst banking cover letters suffer from key-word stuffing, irrelevant information and spelling and grammatical mistakes.
It can help to follow a general template You need to tailor your cover letters for each job you apply to. It does mean that each time you apply for a new job, you will need to fill in the template all over again.
McLean suggests your template follows the following format: In total, the text within the template should be no more than words, or one A4 page, long.
Ultimately, you want all these elements in the cover letter and should go with which ever you feel comfortable with.
This paragraph might read something like. I have been working for X for the past X years. Use this introductory paragraph to address them in person. Flattery will get you everywhere.
The selling yourself paragraph. You need to be specific and you need to bring yourself to life. Never, ever, make empty statements. Why not sales and trading? Again, you need to be specific. People were expected to say exactly why they wanted to work for Goldman rather than, say, J.
Everything in this section needs to be positive. The more senior you are, the more you will need to reference solid strategy points at this stage. The call to action Finally, you need to end the cover letter with a call to action.In course of time cheque were adopted and this imparted elasticity to the system.
Thus came into existence the system of commercial banking. A bank can be best by its functions, it collects the savings of the public, it gives loans and advances and it creates media of exchanges through cheque. When applying for investment banking internships, you will often have to craft an appealing cover letter to land an interview.
Explore internships. Test drive your career. Research hundreds of internships. Read thousands of internship reviews. Get advice on interviews, resumes, cover letters, and more. Jan 19, · For high schoolers interested in pursuing careers on Wall Street, school selection is extremely important.
- Comprehensive List of Target Schools for Investment Banking. Kid Sends Perfectly Blunt Cover Letter For Wall Street Internship, And Now Tons Of People Are Trying To Hire Him.
It's that time of year when hopeful undergrads send out their resumes to the investment banks they for some reason want to work for.
But one guy's bombastic cover letter has made him the laughing.