How to Write for a Finance Internship Cover Letter
A cover letter is the first thing that introduces you to your employer for an internship. It is where you try to convince your recruiter that you have the right skills, mindset, abilities, and qualifications for the job. Therefore, you need an excellent finance internship cover letter when applying for a job in a financial institution this summer.
However, there are a few things you need to do well to write a compelling letter. Read this article to get all the information you need to write a cover letter to land a finance job without experience.
What is a cover letter?
A cover letter is a document that introduces you to the hiring manager. It is a piece of writing that students write when looking for summer internships. They use it to convince their employers that they are qualified.
Therefore, a good cover letter should highlight your skills, strengths, and abilities. In other words, you will let your future employer know why you are the best candidate for the job. Finance students need a good cover letter when applying for an internship in any organization.
Why is a cover letter necessary?
You will need a cover letter for a finance internship for the following reasons. They include:
- You will use it to introduce yourself to the hiring manager
- It must contain your skills and qualifications that will bring value to the company.
- It shows how you benefit the company with your skills and abilities.
- It contains your contact information and availability.
How to write a cover letter for a finance internship
When writing a cover letter for a finance internship, you can use the steps and guidelines below. They include:
Step 1. Conduct thorough research
Before you write your cover letter, you must research to find the necessary information about the company and open vacancies. Find out if you have the skills and qualifications for the internship. In addition, try to discover the firm’s values, cultures, mission, vision, and services. Employers like to hire people who have an inner knowledge of their organizations.
Step 2. Use the correct format for your internship cover letter
After your research, find the best format for your cover letter for a finance internship. Your cover letter will impress your recruiters if organized and adequately articulated. On the other hand, if you write an unorganized letter, the hiring manager may flip your paper to the ground; you don’t want this to happen to you. So, use the best cover letter format for a finance internship. The structure below can be helpful:
- Cover letter format: three paragraphs.
- Set margins at 1 inch.
- Left-align your cover letter and use single spacing.
- Use the same font as in your resume.
Step 3. Write your bio page with a header
Ensure your contact information is the same as what you have in your resume to avoid your recruiter suspecting you. On another note, make a header with your bio page. More importantly, your information page must be on one page.
Step 4. Tailor your application letter for the job you want
When writing a cover letter for a finance internship, you have to be specific about the job or position you want. Thus, you will highlight the skills, strengths, and abilities that suit the job. Also, let your recruiters know you are the best candidate for the job.
Step 5. Use the correct keywords
Of curse, every industry and field has its technical terms. Therefore, use the keywords for finance when necessary, but stuff them in your writing. Moreover, you can only use the keywords when avoiding them is impossible.
Step 6. Stick to the format
Don’t get carried away with the fun of writing. Writing can be fun, especially when you want to express yourself. However, you must remember to be professional and straight to the point. Therefore, you must stick to the format. Otherwise, your cover letter will lose its importance.
Step 7. Make it as simple as possible
The simpler, the better. Focus on the most vital points you want your hiring manager to note. A simple cover letter highlights only the necessary aspects of your desired position. Avoid the mistake of focusing on yourself. Moreover, use less technical terms to make it more readable. Furthermore, it makes your message more straightforward for your readers.
Step 7. Review before sending
You have written an excellent application letter but do not hurry to send it. You must review, proofread, and it multiple times before moving it forward to your recruiters. When you check it, you will detect and correct errors you made in the letter. A cover letter with grammatical and spelling errors reduces your chances.
Things you must include in a cover letter for a finance internship
The following tips will be helpful when writing a finance internship cover letter this year. They include:
- Do not focus too much on yourself
- Tailoring it to the company and the job you want.
- Do not include taboo topics like discriminating or controversial information like religion, race, or class.
- Not checking typos and grammatical errors.
- Being too optimistic about the job.
- Refrain from overstressing the points in your resume.
- Starting your cover letter with a boring introduction
Format to write a cover letter for a finance internship
The format below is the best for writing a finance internship cover letter.
#1. Start with contact information and salutation, which contains the contact information, date, and employer’s contact information. Write them on the left-hand side of your cover letter.
#2. In the first paragraph, you will introduce yourself to your hiring manager. Highlight your qualifications, achievements, and how you got information about the job. You can mention the person who introduced you to the job if you have their permission. However, you must seek their approval.
#3. The second paragraph highlights how your skills and abilities will contribute to the company’s success. Include skills that are relevant to the position and job you want.
#4. In the closing paragraph, you thank the management for taking the time to read your cover letter. You can request an interview with them. Thus, you can end with a sentence like” I can’t wait to have a live chat with you.”
Sample of a good finance internship cover letter
You can use the format below to write a cover letter for a finance internship this summer:
May 1, 2018
Dear Hiring Manager,
I am introducing myself as an applicant for the Finance Intern position at River Tech. As a finance student at Coral Springs University, I jumped at the opportunity to apply for this position. Over the past three and a half years, my interests made me acquire field knowledge. So, I have the skills and abilities to deliver in this position.
During my academic career, I undertook courses that gave me the vast knowledge I needed to succeed in finance. I also studied macroeconomics, microeconomics, personal finance, project management, business, accounting, and human resources management. More importantly, I am an individual who pays very close attention to detail. Thus, I can solve complex financial issues and possess strong analytical skills. In addition, my oral and written communication skills make it easy for me to pass information to people quickly. Thus, I can engage with clients with precision. Plus, I perform well in fast-paced environments.
Throughout my life, I have been a natural mathematician. In high school, I took advanced math courses and college math courses and went to a math camp each summer. My passion for mathematics made me become the math club president during my junior and senior years. Consequently, I won the state championship. In college, I was a student tutor for the math department under the work-study program.
Thanks for your time and consideration. I look forward to an interview with you in due time. I will be happy to learn more about the company.
FAQs About Cover Letter For Finance Internship
What mistakes should I avoid in my Internship cover letter?
Avoid these mistakes when writing a cover letter this summer. They include:
- Improper Introduction
- False claims
- Not reviewing your letter
What should I include in my cover letter?
Your cover letter must contain the following information. They include:
- Your contact information
- Your Employers contact information
- Your skills
- Your experience, if any.
- Your qualifications.
Why must I write a cover letter for a finance internship?
You must consider writing a cover letter for the following reasons. They include:
- It is a strong statement of intent
- It is the first interaction you have with your employer.
- It increases your chances of getting an internship.
In conclusion, a good cover letter for a finance internship will boost your chances of getting a summer job. It will convince your employers that you have the skills, strengths, and abilities to benefit their company.