Investment Banking Cover Letter—Sample & Templates

This investment banking cover letter sample will leverage you to “hired.”

Why does it work so well?

It’s quick, clean, and it draws eyeballs like an exponential earnings graph.

It grabs the reader with one key fact, then keeps them reading while you sell your highlights.

Do it well, and you’ll come off like Ken Gryphon or Jamie Dimon.

In this article, you’ll get:

• Two sample investment banking cover letters: one for experienced and one for entry-level investment banking jobs.
• Steps to write a Goldman Sachs-level cover letter for investment banking.
• A template for investment banking cover letters with massive ROI.

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Let’s start with two great cover letter examples for investment banking jobs:

1. Investment Banking Cover Letter Examples

Meet Thomas.

He’s an unemployed investment banker. He’s got Scrooge McDuck-sized piles of experience.

He just stayed up ‘til 3 am, staring at the job boards. And—

He found a great job with the full package—flex time, benefits, the works.

He’ll get in the Morgan Stanley-zone with this investment banking cover letter sample:

Example #1: Experienced Investment Banking Candidate

Looking for other cover letter examples for positions in accounting and finances? See:

 

• Accounting Cover Letter
• Bank Teller Cover Letter
• Business Analyst Cover Letter
• Finance Cover Letter
• Financial Analyst Cover Letter

Haven't found what you're looking for? Check all our Good Cover Letter Examples.

Text version

Perfect.

With that sample cover letter for investment banking jobs, Thomas looks like a 1000% bull run.

“Aargh! I can’t boast like that without lying!’

Don’t worry.

An investment banking cover letter with no experience just needs a different approach.

Now—

It just so happens, SGI also needs an entry-level investment banking pro.

A recent graduate and hopeful job seeker named Alice Strock just stumbled across their job posting.

She’s fresh out of uni and still wet behind the ears. But she really wants to work for SGI.

This sample cover letter for an investment banking position drops the team leader’s jaw:

Example #2: Entry-Level Investment Banking Cover Letter Sample

Text version

Liquid.

Alice shows her assets with that investment banking cover letter sample.

But—your CV is critical. See our guide: Investment Banking CV Sample & Guide

2. How to Write a Cover Letter for Investment Banking Jobs Step by Step (Template)

Ready?

Let’s get you a Ray Dalio-level investment banking cover letter.

Here’s how to write a cover letter for investment banking jobs:

1. Start With the Best Investment Banking Cover Letter Format

A hasty pitch will get you nowhere.

Pay the same attention to your cover letter format as you would a major pitch.

Here’s how to format an investment banking cover letter:

• Use the 3-paragraph layout—with bullet points or without.
• Set your margins at one inch.
• Left-align all parts of your cover letter and single-space your lines.
• Write a 1-page cover letter.
• Use the same cover letter font in your CV.

Expert Hint: The Best Book on Investment Banking Careers says cover letters are a necessary evil. You need one, but unless it’s brilliant the hiring team won’t read it. But—if they spot a typo in it or poor writing quality, you could lose the interview. Proofread!

2. List the Right Contact Info in Your Cover Letter Heading

You don’t want a shabby investment banking cover letter.

Yours must stand out like a suit by 6 Avenue Tailors.

That starts at the top.

See this cover letter sample for investment banking jobs:

Investment Banking Cover Letter Sample Template: Heading

Use the same contact info layout in your CV for continuity’s sake.

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3. Introduce Yourself and Cite the Job Title

In a great business presentation, your first task is to frame your story.

That means starting strong—with something they’ll take note of.

The best attention-getter? Address your cover letter with the hiring manager’s name.

Then drop your biggest ice-breaker.

Use this template:

Investment Banking Cover Letter Sample: Paragraph #1

Wow.

And—did you notice that cover letter for investment banking jobs puts the job title right up top?

That’s J.P. Morgan-ready.

“Slow down, will you? I don’t have a big achievement yet!”

In an entry-level investment banking cover letter with no experience, use facts like:

• A positive press release or news item about the firm
• A high point from your schooling or internship
• Something you love about the company
• A referral from inside the company—referrals are job search gold!

Plus—use “Ms.” instead of “Miss” or “Mrs.” to stay professional.

Expert Hint: A study in The Journal of Finance reveals some shocking information. MBAs who experienced down stock markets during schooling are less likely to apply for Wall Street jobs. Yet those who do, make substantially more money. If you graduated after a crash, go against the tide and head to the Street. You’ll have less competition and ensure high earnings.

4. List Investment Banking Skills & Accomplishments from the Ad

In the book, Driven, investment banking guru Joel Litman points out that “It’s easier to ride a wave than storm a beach head.”

Don’t try to make them need what you have.

Show you have what they need.

Fine-tune your cover letter to fit the investment banking job you want.

In the second paragraph, show fitting investment banking accomplishments. (The bullet points are optional.)

See this example:

Example Cover Letter for Investment Banking: Paragraph #2

Expert Hint: A study in The Journal of Finance proved top-tier investment banking pros with large skill sets realise £65M in additional gains per client. If you’ve got a deep investment banking skill set, show the evidence in your cover letter for investment banking jobs. That’ll give you leverage during salary negotiation time.

5. Ask for an Interview

Your cover letter for investment banking jobs is a pitch.

That means it needs a call-to-action.

At the end of your cover letter, ask them for the interview.

But—

Sweeten it a little with your value.

Here’s a sample investment banking cover letter closing:

Sample Cover Letter for Investment Banking Jobs: Call to Action

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Key Points

To write a cover letter for investment banking jobs:

• Format your investment banking cover letter like a professional business letter.
• Use the hiring team manager’s name.
• Tell them what job you are applying for.
• Break the ice in your first paragraph.
• In paragraph #2, list investment banking achievements.
• End the investment banking cover letter with a CTA.

Do you have questions about writing investment banking cover letters? Need to learn more writing cover letters? Let’s chat in the comments section. And thanks for reading!

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