The investment banking industry is one
of the most complex and challenging jobs in the financial sector. As part
of a universal or commercial banking division, investment bankers employed by banks are responsible for helping clients understand the current investment climate in order to raise capital.
Before starting to write
your investment banking resume, make sure to read Cake's complete guide on how to make it stand out. We also provided an example
of an investment banker's resume and template.Table
of Contents
What Are the Responsibilities
of an Investment Banker?
Guidelines for Writing a Resume for Investment Bankers
Tips for Writing Winning Investment Banking Resumes
Investment Banking Resume Examples Templates
Investment Banking Cover Letter Example
What is the role
of investment bankers?
Understanding investment can be complex for the average person. Investment banking jobs primarily involve providing support for companies seeking to raise capital. This includes activities such as mergers and acquisitions, financial advisory services, underwriting, and managing the initial public
offering (IPO) process. Read more about the role
of investment bankers, their roles, salary and required skills.
When writing an investment banking resume, understanding the job responsibilities is an absolute must. This advice is especially important for entry-level candidates, as the extent
of your knowledge about the job you are applying for will actually be reflected in
your resume.
Guidelines for Writing a Resume for Investment Bankers
Personal Information
The first thing to fill out when creating an investment banking resume is personal information. There are limits to what you can and can't include.
In recent months, there have been cases
of recruiters being caught stealing candidate data and using it to defraud candidates. In the digital age, personal information is the new gold that must be carefully guarded.DO'sName: Provide
your full name clearly. If you have two legal names, you can include both. Name is the primary identity that hiring managers need to identify applicants.Email address: Email is a tool for pr
ofessional correspondence. Email saves all conversations in case they are needed someday.Phone number: Hiring managers usually use messaging apps when they need a quick response from a candidate.
Your City: Include the city where you currently live. This information is used to help recruiters estimate the distance between
your home and the
office, or the possibility
of relocating if necessary.LinkedIn account: Today, LinkedIn is a social media platform for showcasing
your pr
ofessional life. It also makes it easier for you to network. Recruiters can check
your pr
ofile if they need additional references.Portfolio: You can include a link to
your portfolio to make it easier to review
your investment banking resume. For banking, this could be
your work in a programming language or a list
of certifications you've earned.There are a few caveats you need to keep in mind when creating
your investment banking resume, which are:
DON'TsList only
your city
of residence, not the entire page. This reduces the risk
of a data leak.At the initial stage, companies never ask for insurance numbers or identity numbers. These are only requested when you are
officially accepted as an employee.Whatever
your beliefs are, they have nothing to do with the way you work. So it's best not to list them on
your investment banking analyst resume. In some countries, it is illegal to ask for detailed personal information.
Resume Summary
An investment banking resume needs a summary, a concise statement that summarizes the entire content
of your application. It should be only three to four sentences and need to summarize
your background, work accomplishments, and other important information.
The resume summary is the very first part that recruiters read. If the summary is not strong, the chances
of your investment banking resume being read in its entirety are slim.
You can start by listing
your skills, then
your measurable accomplishments and important information. After that, organize the information as densely as possible but still clearly. You can try stringing words together in a scrapbook or Micros
oft Word.
Read
your sentences aloud. This method can increase
your sensitivity to whether or not
your summary is good enough. The next step is to ask someone else to read it for you. Then ask for feedback and suggestions for improvement.
Here are some resume summary examples that can be on an investment banking resume:Detail-oriented and passionate fresh graduate in Economics with a 3.9 GPA from Gadjah Mada University. Has experience as an internal investment analyst at Macroindo, mainly assisting the senior team in analyzing financial risks and security
of the company's assets. Pursuing a role as an Investment Banking Analyst at JP Morgan.A senior investment banker with more than 8 years
of experience advising clients on best practices for mergers and acquisitions. Track record
of project managing $50-$70 billion merger and acquisition transactions for international companies. Eager to apply my expertise as an investment banker at Kenney.
A senior investment banker with 15 years
of experience in global asset management, particularly in the design and structuring
of new investment products. Successful track record with an average increase in client assets under management
of 40-50%.
Career Objectives
New graduates sometimes find it difficult to distinguish between career goals and career objectives. They are both at the top
of the resume if you are writing an investment banking analyst resume.
However, the summary
of investment banking resume is used for pr
ofessionals who have at least two years
of experience. Career objectives are used by fresh graduates or job seekers who are changing careers.
Career objectives written in an investment banking resume contain
your future goals. For example, you are applying for a job because you want to use
your technical skills in banking.
Fresh graduates with no work experience can include information about mastering skills critical to investment banking or non-technical skills that can help them communicate with clients.Career objective - Investment banking resume example #1A fresh graduate who is excited to join ABC Bank as a Junior Investment Banking Analyst where I can start my early career and hone my skills.Career objective - Investment banking resume example #2A data analyst looking to make a career change as an Intern Investment Banking Analyst by applying my skills as a strong researcher.Career objective - Investment banking resume example #3A highly motivated and hardworking fresh graduate seeking an Investment Banking Analyst position with key expertise in Mathematics and Economics.
Work Experience
This time we are going to focus on the most important part
of an investment banking resume: work experience. Here are some tips on how to make
your work experience
section stand out:
1) Quantify
your accomplishments
The mistake many job seekers make is not being able to explain how they contributed to the company. Contribution is not just a list
of responsibilities.
Hiring managers understand the day-to-day tasks you perform more. Contributions that are referred to here are accomplishments that can be easily measured.
Example: "Prepared financial analysis for more than 10 clients." This descriptive sentence doesn't explain what impact you had on the client.
What if we changed it to: "Prepared financial analysis with 100% accuracy for more than 10 clients, successfully increasing their satisfaction rating to 99%.
The second sentence is more powerful in explaining the impact
of financial analysis jobs on clients. To build credibility and coverage, try to include numbers, percentages, and financial data as much as possible.
2) Use action verbs and bullet points
Action verbs are words that show the process
of the work you do. Action verbs are used in investment banking resumes to emphasize
your role in the previous company. Some
of the action verbs you can use are:
Created
Achieved
Decreased
Increased
Performed
Completed
Presented
Completed
Adapted
Collaborated
Built
Analyzed
Duplicated
Developed
Improved
Implemented
Established
Meanwhile, bullet points make
your resume more organized and concise. The purpose
of using bullet points is to make
your investment banking resume easier to read.Work experience
section - Investment banking resume#1Senior Investment Banking Associate atWells BankApr 2017 - Apr 2024Successfully developed and maintained financial models and investment strategies that increased efficiency by 45% for investment evaluations, projections, and valuations.Performed detailed financial statement analysis for over 250 clients to determine financial and operational scenarios.Established relationships with auditors, legal and other pr
ofessionals to perform risk assessments.Monitored portfolio company performance on a regular basis, making information updates more effective.Work experience
section - Investment banking resume#2Senior Investment Banking Analyst atWells BankJan 2013 - Dec 2016Performed scenario analysis and sensitivity testing that successfully reduced potential impact on investment decisions by up to 50%.Developed and maintained financial models used for investment analysis, discounted cash flow, etc.Evaluated risks associated with investment opportunities that influenced senior management decisions.
Skills
Skills can be divided into two categories: technical skills and non-technical skills. The list
of skills in an investment banking resume is what differentiates you from other candidates.
Technical skills are the specialization you have in certain tools. While non-technical skills are
your interpersonal skills when communicating with others.
Here are some
of the most important skills you must have if you want to become an investment banker:
Hardworking and Disciplined:Being an investment banker requires dedication and the ability to persevere. Investment banking has an intense work culture with long hours.This means that if you can't be disciplined and hardworking, you will be left behind and eliminated by
your colleagues. Forging these two traits is not easy, so before you send
your resume for an investment banker position, you need to understand the risks
of working in banking.Intellect:An investment banker works like a machine because you have to calculate, analyze, research, and so on at the same time. According to Investopedia, the intellect
of an investment banker is a core competency that must be possessed.Companies also need employees who maintain intellectual curiosity. This habit can accelerate one's understanding
of the job and generate creative and smart ideas.Expert in Numbers:Financial reports,
of course, contain numbers. Investment bankers who are numeracy experts automatically train their brains to think systematically and logically.When a problem arises, a trained investment banker can do accurate financial analysis and estimate what steps to take, what options are available, what risks are involved, and more.Meticulous:The end result
of investment banking is to advise companies on the direction
of their business. Inaccuracy in reading reports will have fatal consequences.An investment banker may miscalculate the price
of a stock, resulting in a loss instead
of a pr
ofit.Leadership and Client Relations Skills:It is naive to expect clients to have the same characteristics. Sometimes we meet clients who are easy to deal with, but there are also times when we have to deal with annoying clients. The ability to build a good relationship also means the ability to adapt to the characteristics
of the client.It's time for you to showcase
your leadership skills and client relationship-building experience as an investment banker. As well as the ability to communicate high-level financial strategies and concepts with executives.Open-minded:Investment banking is a broad job. Every day there is something new to learn. An open mind can lead to a deeper understanding
of the pr
ofession, the opportunities it
offers, and the paths to further development.
Education History
Education information is especially important for recent graduates submitting investment banking resumes. For those who already have work experience, you can also include this information, although the format will be different than for entry-level positions.
List
your education chronologically, starting with
your most recent education. Include details such as the name and location
of the university and the dates
of attendance.Include
your GPA if it's above 3. If it's below, it's best not to include it.For recent graduates, place this
section under resume objectives. That way, recruiters can easily see
your affiliations.Education
section - Investment banking resumeBachelor
of Science in Accounting Graduate in February 2024GPA: 3.8/4.0; SAT: 1500Relevant coursework:Investment Banking and Corporate Finance Bootcamp - Singapore Management University, 2023Undergraduate Wall Street Bootcamp, 2023Investment Management - University
of Geneva (via Coursera), 2022Investment Banking: Financial Analysis and Valuation (via Coursera), 2022Education
section - Investment banking resumeMaster
of Science in Economics (Summa Cum Laude)National University
of SingaporeJan 2006 - Nov 2008Bachelor
of Science in Economics (Summa Cum Laude)University
of IndonesiaApr 2000 - Apr 2004
Other Information
Languages skills
The use
of English in today's working world is commonplace. The opening up
of work-from-home and work-from-anywhere opportunities allows you to work in overseas companies without leaving
your hometown.
In investment banking, the clients you meet can be diverse. Mastering a foreign language other than English can attract more clients from around the world. This is a very beneficial move from a business perspective.
Mandarin, Japanese, German, French, and Spanish are being studied. It seems to have something to do with the economic level
of the country. Aside from being a banker, you can also find opportunities to become a translator for clients.Language
section - Investment banking resumeLanguage skillsIndonesia (Native)English (IELTS: 6.5)Germany (C2)Mandarin (HSK 4)
Certification
For an investment banker, certification is a sign that his or her technical expertise is recognized by a trusted institution. It also enhances the banker's credibility and reputation.
Some countries even prohibit an investment banker from practicing without certain certifications or licenses. In the United States, SIE and FINRA licenses are mandatory for bankers.
CFA and FRM are pr
ofessional certifications that signify that the banker has technical expertise and can apply it appropriately.
These certifications and licenses also open up more opportunities for a banker. This means that the possibility
of holding the highest position, that
of managing director, is increasingly open.
Chartered Financial Analyst (CFA)Certified Public Accountant (CPA)Association
of Chartered Certified Accountants (ACCA)Financial Risk Manager (FRM)Chartered Alternative Investment Analyst Association (CAIA)Chartered Institute
Of Management Accountants (CIMA)Certified International Project Manager (CIPM)International Budget Partnership (IBP)Certified Financial Modeling Valuation Analyst (FMVA)Series 7 LicenseSeries 63 LicenseSeries 65 LicenseSecurities Industry Essentials (SIE)
Tips for Writing Winning Investment Banking ResumesCreated by CakeResume
Have you done
your research?
Research is a critical asset when building an investment banking resume. Job postings do not provide all the information about a company. In fact, a company's work culture may not be the right fit for you.
There are several benefits to doing
your research:
You will know what kind
of company you are applying to. This includes an overview
of the work environment, the typical base salary
offered, the employment contract, the career path, and the benefits
offered.The research process will help you feel more confident. Hiring managers typically test how well you've researched their company.
Your answers will show how enthusiastic you are about joining their team.Job descriptions show only a portion
of the work you will be doing. Once you've explored the company's social media, you can at least get an idea
of the additional work
your employer will assign to you.Research will help you identify which aspects
of your resume you need to strengthen. For example, you can include jargon or even specific terms that are commonly used in the company.Use
your research to determine which skills need to be emphasized to meet the requirements.
You can use the company's
official social media or ask for testimonials from former employees through LinkedIn. For comparison purposes, you can also look at competing companies' social media.
Do you know the difference between a resume and a
CV?
CVs and resumes are
often interchangeable in countries such as the United Kingdom, New Zealand, some European countries, Australia, and some Asian countries, such as Indonesia and Malaysia. However, they serve very different purposes.
A
CV is a summary
of all
your pr
ofessional activities, including
your educational history, work experience, internship experience, organizational experience, and a list
of skills.
CVs can be up to 10 pages long (more if needed) and are intended for academic purposes, such as applying to be a researcher or lecturer, getting a scholarship, or seeking research funding.
In the United States, where the two are strictly separated, when recruiters ask for a
CV, they expect a comprehensive overview.
But if you're applying to a company in Southeast Asia, for example, you might want to confirm the format first before sending it.
A resume, on the other hand, is a condensed version. The length
of a resume is no more than 3 pages. It includes all
of your work experience relevant to the position you are applying for.
If you are sending an Investment Banking Analyst resume, it would be more sustainable if it contains activities that you have done related to the world
of banking and investment.
For example, a candidate with more than 10 years
of experience may omit some
sections
of the investment banking resume. Examples
of sections that are not relevant for senior-level candidates with long tenure are education history and skills list.
What type
of resume will you use?
Did you know that there are three types
of resume formats? By choosing the correct investment banker resume format, you can increase
your chances
of getting noticed by hiring managers.
Often, the most appropriate resume type is chronological. Here's the full explanation
of each type:
Chronological Resume: This resume lists all information chronologically, with the most recent experience at the top. Recruiters can easily see whether the candidate's recent activities are relevant to the company's needs. In addition to investment banking resumes, the chronological format works well for job seekers with a linear work history, such as from banking analyst to banking associate to vice president.Functional resume: Are you a recent graduate struggling to put together an investment banking resume? If so, you should know that the functional resume format is best suited for recent graduates. In a functional resume, instead
of highlighting work experience, candidates can replace it with promoting their hard and s
oft skills.Combination Resume: This is the least appropriate format for an investment banking resume. Combination resumes are
often used by freelancers and job hoppers who have a variety
of work experience. Unfortunately, an investment banking resume is a rather strict job when it comes to background requirements for candidates. As a result, it is difficult for freelancers to break into this industry unless they are enrolled in a specialized investment banking program.
How do you place keywords in
your investment banking resume?
Many companies use applicant tracking systems (ATS) to conduct the initial screening
of candidates. The way it works is that the hiring manager enters keywords according to the qualifications needed by the company. These keywords are placed in the cover letter, resume summary, resume objective, work experience, and even letters
of recommendation, if any.
For example, the company needs an analyst whose primary skill is creating financial models. The ATS engine will scan which resumes contain the word financial model.
The easiest way to find the right keywords is to understand the job description and requirements in the job posting. Companies usually emphasize the type
of candidate they are looking for.
For clarity, check out the sample job description below:Investment Banking Intern Job Description
Assist in conducting TMT/Consumer industry and company research and analysis.
Assist in the preparation
of materials for internal and external meetings (e.g. pitch books, presentation materials, teasers, etc.)
Assist in the development
of financial models, investment strategies, valuations (e.g., DCF, sensitivity analysis, comparable), and due diligence.
Act as a liaison between the team and other parts
of the company
Keywords you can find are pitch books, presentation, financial models, valuation, analysis, investment banking intern, TMT, and consumer products.
Once the keywords are in place, you still have a job to do.
You see, each company has different candidate requirements, even if the job is the same. Company A and Company B are both looking for banking analysts, but their requirements may be different.
Using keywords in an ATS requires you to tailor each investment banking resume you create to the job description
of each job. This will increase
your chances
of getting through to the interview stage.Investment Banking Resume Templates and ExamplesInvestment banking resume template (entry-level)
AXEL WANGMobile: (+62)00-1174-89977Email:
[email protected]Address: Jakarta, IndonesiaLinkedin: linkedin.com/in/axelwang
RESUME SUMMARY
Detail-oriented and passionate fresh graduate in Economics with a 3.9 GPA from Gadjah Mada University. Has experience as an internal investment analyst at Macroindo, mainly assisting the senior team in financial analysis and security
of the company's assets. Pursuing a role as an Investment Banking Analyst at JP Morgan.
EDUCATION
Bachelor
of Science in Economics, graduate in January 2023GPA: 3.9 / 4.0; SAT: 1200Relevant Coursework:
Investment Banking and Corporate Finance Bootcamp - Singapore Management University, 2023Undergraduate Wall Street Bootcamp, 2023Investment Management - University
of Geneva (via Coursera), 2022Investment Banking: Financial Analysis and Valuation (via Coursera), 2022
WORK EXPERIENCE
Investment Banking Analyst atMacroindo, IncFeb 2024 - Now
Managed the day-to-day operations
of the treasury department, including cash management, investments, and funding strategies.Formulated and implemented financial policies and procedures that successfully improved efficiency and regulatory compliance by 50%.Performed financial risk analysis and developed mitigation strategies that impacted the company's asset security level by 100%.Coordinated and prepared financial reports, cash projections, and liquidity analyses for strategic decision-making by senior management.Assisted line manager in developing investment strategies when required.Participated in strategic initiatives and supported ongoing financial decision-making by providing recommendations based on in-depth analysis.
Virtual Assistant (Self-employed)Jan 2021 - Jan 2024
Organized weekly and monthly meeting schedules for 30 clients.Managed 5 social media accounts (Instagram, Twitter, TikTok) for the client, including the creation
of various videos.Created 50 presentations and documents for various business needs, maintaining a pr
ofessional and consistent style.Organized incoming and outgoing emails daily to make it easier for clients to read urgent messages.
S
OFT SKILLS
Attention to detailCommunication skillsAccuracyProblem-solvingStrong analytical skills
HARD SKILLS
MathematicsMicros
oft
Office (Excel, Word)Financial analysisMarket analysisSQLPythonTableau
LANGUAGE SKILLS
Indonesia (Native)English (IELTS: 6)Japanese (NHK 4)
REFERENCE
Stella M.Senior Investment
[email protected], IndonesiaInvestment banking resume template (mid-level)💡 Pro Tips: Use a strong summary statement to highlight achievements and experience. Quantify achievements wherever possible, using action verbs like “modeled,” “analyzed,” and “acquired.”
CECILIA WANGMobile: (+62)11-74-89977Email:
[email protected]Address: Jakarta, IndonesiaLinkedin: linkedin.com/in/ceciliawang
RESUME SUMMARY
Investment Banking Analyst with 6 years
of experience at Wells Bank and Nero Bank. Expertise in attracting investment clients with over 50% target through in-depth desk research, leading the evaluation
of investment opportunities, developing investment strategies, and collaborating with investment pr
ofessionals. With these skills, I am interested in joining Mandiri Bank for the position
of Investment Banking Senior Associate.
WORK EXPERIENCE
Wells Bank -Investment Banking AssociateApr 2020 - Apr 2024
Successfully acquired investment clients in excess
of 50%
of set targets through desk research, expert interviews, and coordination with the investment committee.Led financial modeling evaluations, management meetings, legal negotiations, and presentations to the Investment Committee that increased the effectiveness
of investment opportunity strategies by 50%.Collaborated with over 10 investment pr
ofessionals to support portfolio company performance.
Nero Bank -Investment Banking AnalystApr 2016 - Dec 2019
Created financial models
of 30 client companies to assess financial performance, valuation, and future prospects, which influenced clients' business decisions and management strategies.Translated complex financial analysis into clear, concise, and compelling insights for clients, improving communication efficiency and satisfaction rates up to 99%.Performed administrative tasks such as weekly meetings and recording activity reports on a regular basis.Support line manager in implementing investment strategies when needed.
EDUCATION
Master
of Science in AccountingThe Australia National UniversityJan 2014 - Jan 2016Cum Laude
Bachelor
of Science in AccountingGadjah Mada UniversityJan 2009 - Jan 2013Cum LaudeS
OFT SKILLS
Customer relationship managementMeticulous detailNetworkingCommunicationOpen-mindedProblem-solvingDisciplineTeamworkResilienceLeadership
HARD SKILLS
Research skillsAnalytical skillsFinancial modelingFinancial servicesCRM systemsBloomberg TerminalFactsetMicros
oft
Office (Excel, Word)
CERTICIFATIONS
Chartered Financial Analyst (CFA), 2022Certified Public Accountant (CPA), 2021Association
of Chartered Certified Accountants (ACCA), 2020Financial Risk Manager (FRM), 2020Series 7 License, 2019Series 63 License, 2018Series 65 License, 2017
LANGUAGE SKILLS
Indonesia (Native)English (IELTS: 6.5)Germany (C2)Mandarin (HSK 4)
REFERENCES
Danielle KimCEO (Chief Executive
Officer)Wells
[email protected], Indonesia
Rendra AgustaCOO (Chief Operating
Officer)Wells
[email protected], IndonesiaInvestment banking resume template (senior-level)
💡 Pro Tips: Highlight relevant skills and experience using keywords like “investment banking,” “financial modeling,” and “developing investment strategies.” Use a skills
section or weave skills into the experience
section to showcase expertise.
SANDY WANGMobile: (+62)11-74-89977Email:
[email protected]Address: Jakarta, IndonesiaLinkedin: linkedin.com/in/sandywang
RESUME SUMMARY
Senior Investment Banking Associate with 15 years
of experience. Proven track record in developing a financial model that increased the efficiency
of investment evaluation and valuation by 45%. Extensive network
of investment bankers, accountants, lawyers and potential investors from various countries. These skills and experience enable me to assume the responsibilities
of a Director at Bloomberg, Inc.
WORK EXPERIENCE
Senior Investment Banking Associate at Wells BankApr 2017 - Apr 2024
Successfully developed and maintained financial models that increased efficiency by 45% for investment evaluations, projections, and valuations.Performed detailed financial statement analysis for over 250 clients to determine financial and operational scenarios.Established relationships with auditors, legal and other pr
ofessionals to perform risk assessments.Monitored portfolio company performance on a regular basis, making information updates more effective.Established a communication system with teams, directors and external advisors that increased efficiency and effectiveness by 70%.
Senior Investment Banking Analyst atCommonWealth BankJan 2013 - Dec 2016
Performed scenario analysis and sensitivity testing that successfully reduced potential impact on investment decisions by up to 50%.Developed and maintained financial models used for investment analysis, discounted cash flow, etc.Evaluated risks associated with investment opportunities that influenced senior management decisions.
Investment Banking Analyst atNero BankJan 2009 - Nov 2012
Performed scenario analysis and sensitivity testing that successfully reduced potential impact on investment decisions by up to 50%.Developed and maintained financial models used for investment analysis, discounted cash flow, etc.Evaluated risks associated with investment opportunities that influenced senior management decisions.EDUCATION
Master
of Science in EconomicsNational University
of SingaporeJan 2006 - Nov 2008Summa Cum Laude
Bachelor
of Science in EconomicsUniversity
of IndonesiaApr 2000 - Apr 2004Summa Cum Laude
S
OFT SKILLS
Interpersonal skillsProblem-solvingTime managementNegotiationPersuasionProactiveDetail-oriented
TECHNICAL SKILLS
Power BIPythonMicros
oft
Office (Word, Excel)RTableauSQLHubSpotTrelloRapidMinerWrikeBalsamiqAbacus
CERTIFICATIONS
Chartered Financial Analyst (CFA), 2010Certified Public Accountant (CPA), 2010Financial Risk Manager (FRM), 2009Chartered Alternative Investment Analyst Association (CAIA), 2009Chartered Institute
Of Management Accountants (CIMA), 2009Certified International Project Manager (CIPM), 2008Certified Financial Modeling Valuation Analyst (FMVA), 2008Series 7 License, 2007Series 63 License, 2007Series 65 License, 2007Securities Industry Essentials (SIE), 2006
LANGUAGE SKILLS
Indonesia (Native)English (IELTS: 8.5)France (C2)Mandarin (HSK 4)
REFERENCES
Danielle KimCEO (Chief Executive
Officer)Wells
[email protected], Indonesia
Rendra AgustaCOO (Chief Operating
Officer)Wells
[email protected], IndonesiaInvestment Banking Cover Letter Example
When applying for jobs, investment banker resumes aren't enough to prove
your pr
ofessional endeavors. A resume consisting
of 2 to 3 pages cannot contain all the information about you; for example, you cannot explain the gap in
your employment period in
your resume. The only way to do this is to include it in a cover letter, or you'll have to wait until the interview to let the hiring managers know about these details.
We understand if you are reluctant to write a cover letter assuming that no hiring manager will read it. Unfortunately, hiring managers spend an average
of only a few seconds reading a candidate's cover letter.
However, Forbes found that 72%
of hiring managers expect candidates to write cover letters. In fact, cover letters cause 77%
of hiring managers to read
your investment banking resume in detail.
So why spend time guessing that
your cover letter won't be read? Cause the truth is, you don't know. Who knows,
your cover letter could be the lucky star that lands you that investment banking job!
A good cover letter is a well-written cover letter. Cake knows that writing from scratch is hard work, so we're here to help you understand the important parts
of a cover letter.
1) Who are you?
In any document you send to apply for a job, you should always include information about
yourself. This information, written in the upper left corner, includes:
Your full name.The city where you live
Your phone number
Your email addressLinkedIn AccountPortfolio account
To make it easy for recruiters to find you, don't forget to include a link for each
of these.
2) When did you write this letter?
The purpose
of including a date in a cover letter is to add a personal touch. The date also helps recruiters determine when you sent the application.
3) To whom are you sending this letter?
In addition to the date, including the hiring manager's name can maximize
your cover letter's potential for personalization. You can include the hiring manager's name, position, and
office location (just as you would if you were writing a postcard).
4) Greet the recipient appropriately
This time, greet
your hiring managers to show
your appreciation. It would be even better if you knew his or her name. You can use the format [Dear Ms./Mr. Insert Name]. But if you don't have that information, just use "Dear Hiring Manager”.
5) What is
your opening sentence?
As mentioned in the previous paragraph, the hiring manager only has a few seconds to read. That means you only have 3-4 sentences to explain
your academic achievements,
your contributions to
your previous company, and
your skills. To make it more interesting, always quantify
your information!
6) What are
your responsibilities?
Do you still need to explain
your job description and any awards you received from
your previous job? The next paragraph can be
your place to write a detailed explanation!
7) Why are you applying?
Yes, employers really want to know what made you decide to apply. This part will be easy if you've done some research about the place you're applying to. Admiration for the company's work system, belief in the company's supportive work environment, or personal memories make great writing material.
8) Do you have any additional information?
You can skip this
section if you don't have anything important to say. But if you have a letter
of recommendation, for example, and want to highlight it, this is
your chance to make that clear.
9) Close the letter nicely.
We've come to an end. It's time to end the letter with enthusiasm. Say that you appreciate their consideration
of your cover letter and investment banker resume. Also, mention that you are available to discuss
your skills and experience.
Now that you've known how to write an impressive cover letter let's look at this investment banking cover letter example:
Steven Park
Jakarta, Indonesia
(+62)00-0001-6688
[email protected]
LinkedIn: linkedin.com/in/stevenpark
Portfolio: bit.ly/stevenp
Jul 8, 2024
To:
Daniel Amstrong
Human Resources Manager
Wells Bank
321, BSD City
Jakarta, IndonesiaDear Mr. Amstrong
As an Investment Banking Associate for 4 years, I have a proven track record
of building financial models that influence the accuracy
of strategic and analytical decisions by up to 100%.The financial models I built contributed to MA strategy analysis, capital raising, financing analysis, and valuation analysis related to major clients.
My experience and expertise have led companies to engage me in $50 billion MA projects for Raytheon and United Technologies and $100 billion MA projects for Heinz and Kraft.
What sets me apart from other candidates is my ability to analyze data quickly and accurately, which impacts work efficiency. In addition, as someone who has worked in the investment industry for more than 6 years, I am a great network builder with potential investors and pr
ofessionals.
My decision to apply for the Senior Investment Associate position at Macroindo is because I have known
your company since my days in the investment banking industry. Macroindo
offers a supportive work environment with competitive salaries and a clear career path.
From my research, Macroindo also provides support for employees who want to pursue training and education to support their work. I believe that the same opportunity will be given to me if I am accepted by Macroindo.
Along with this cover letter, I am enclosing an investment banking resume that fully and clearly explains my achievements and contributions in the previous company. I am also enclosing a letter
of recommendation from the CEO and COO regarding my performance.
Thank you for
your consideration
of my application. If you have any questions about my abilities, please do not hesitate to contact me at the email and phone number provided.
I look forward to hearing from you about the Senior Investment Banking Associate opportunity.
Sincerely,
Steven ParkKey Takeaways
Investment banking provides assistance with merger and acquisition decisions, initial public
offerings (IPOs), financial advice, financial analysis, and other investment-related decisions. Clients range from large corporations to governments.A good investment banking resume should highlight relevant skills that can be practiced on the job.When writing an investment banking resume, keywords, quantified achievements, and cover letters should not be forgotten.
Hopefully, this article on investment banking resumes will help you get a job. If you are a beginner, always make sure there is no misinformation or typos when writing an investment banking analyst resume.
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