Do I Need A Cover Letter For Student Finance

Finance Internship Cover Letter Example

If you are an undergraduate applying for an internship in the finance industry, you'll likely need to write a cover letter. Find out what information to include in your letter and review a sample. 

What to Include in a Finance Internship Cover Letter 

Start with the basics: The first paragraph of your letter should mention the specific internship you hope to get. (Note: Many financial companies have large-scale internship programs, with opportunities ranging across departments and divisions.

Specifics help!) As well, mention the name of your school if you are an undergrad or in graduate school. If you have a personal connection — for instance, if you know someone at the company or met the recruiter at a job fair — be sure to mention it in the first paragraph. 

In the body of your email, include details on relevant coursework or projects, as well as previous finance-related work experience, volunteer positions, or prior internships. Your letter should demonstrate your familiarity with the company and its goals, and make it clear why you would be a good candidate for the internship. Read through the internship description carefully, and make sure to connect your experience with the responsibilities and qualifications laid out. 

If this is your first internship, you may feel like you don't have any relevant experience to highlight. If that's the case, look for the qualities and responsibilities mentioned in the internship description, and come up with examples of how you've demonstrated those abilities in the past.

Make sure to format your cover letter properly. And, before sending your cover letter off, proofread it carefully. Paying attention to these details can make a big difference in how your message is perceived.  

The following is an example of a cover letter written for a finance internship program. Use this for inspiration when writing your own cover letter.

Finance Internship Cover Letter Example

Your Contact Information
Address
City, State, Zip Code
Phone Number
Cell Phone Number
Email

Employer Contact Information

Name
Title
Company
Address
City, State, Zip Code

Date

Dear Mr./Ms. LastName

Through ABC Financial Group's website, I learned about your bank's present career opportunities.

I am extremely interested in securing a position in the ABC Financial Group's Global Equity Summer Internship Program.

I am currently in my second year at the Smith Business School of the State University and am concentrating in finance, accounting, and real estate. Over the summer I completed an internship with First National Bank, and am currently interning with the University's Student Federal Credit Union.

My experiences have provided me with a detailed knowledge of financial institutions and have enhanced my interest in pursuing a financial career. I feel that an internship with ABC Financial Group would be a logical next step in my development as an investment banker.

My main interest in joining ABC Financial Group stems from its impressive reputation.

The prestige of the firm is best captured through its recent decoration as "America's Most Trusted Corporation" for the second consecutive year.

I feel the firm's diverse clientele, large market capitalization, and well established summer internship program would provide me with an invaluable experience to complement my studies at Business School.

I believe that I would succeed in the firm's exciting and motivated environment and that my strong work ethic, ability, and passion would make me a valuable asset to your firm.

I would prefer to work in global equity, however I am willing to consider any position that you offer me. Thank you for your consideration and I look forward to speaking with you in the near future.

Sincerely,

Your Signature (Hard Copy Letter)

Your Typed Name

Sending an Email Cover Letter

If you are sending your cover letter via email, list your name and the job title in the subject line of the email message:

Subject: Finance Internship - Your Name

Include your contact information in your email signature, and do not list the employer contact information or the date. Instead, begin your email message with the salutation. 

Aside from these relatively minor differences, an email cover letter is very similar to a printed-out version. The body of your email — from salutation to sign-off — will remain the same. 

More About Cover Letters: How to Write a Successful Cover Letter | Cover Letter Samples for Students

Guest post: Isabel Ara López

When deciding who to grant a scholarship to, scholarship evaluation boards have a lot of information to take into consideration. In some cases, the decision will be based on academic excellence (high grades, language skills, good overall academic skills and record) or on economic factors (low income, family difficulties).

In many cases, you are required to attach a scholarship application cover letter, in which you should explain why you are applying for this specific scholarship and how it could help you achieve your education and career objectives. This is one of the best tools you can use to make your scholarship application a success, together with the correct submission of any other required documents. Here are some tips on how to write a compelling scholarship application cover letter.

1. Explain why you’re a good match for the scholarship

The scholarship application cover letter is an opportunity to outline your main strengths from an educational and professional perspective, your plans for future career growth, why you would be suitable for this scholarship, and how you would benefit if selected. Make sure you cover all of these points, using specific examples where possible.

2. Establish a formal tone, use a clear structure and check spellings

The cover letter should be written in a formal tone, and have a clear, concise, structured flow. Each applicant should also make sure to check for and correct any accidental spelling or grammar mistakes. To make sure you submit a successful cover letter, ask another person, with an objective eye, to read it before sending. This will minimize the risk of any spelling or grammatical errors, and can also help you eliminate any information that is unclear, redundant or irrelevant to what you are asking for.

3. Match your cover letter to the context

There are various situations of scholarship applications in which you would be requested to attach a cover letter. You may, at the same time, be applying for admission to an institution or a program. Or you may be requesting a grant or scholarship to cover tuition fees or other costs for a program you have already been admitted to.

If your letter is intended for the initial case, you should start with a formal address and greeting, followed by a short paragraph presenting your academic skills, achievements and strengths. The following paragraph should explain the reasons you would need a scholarship to fund your studies. The third paragraph should talk about how the specific program, course or project you are applying for will help you achieve your objectives, and how you can contribute during your studies. Do not forget to close with a formal, polite farewell.

If the letter is requesting funding for a program you have already been accepted to, there are a few aspects you should consider. The introduction should be similar to the structure above, emphasizing your academic skills. In the second paragraph you should emphasize your financial condition, and the reasons why you need the funding. In a third paragraph you can explain your interest in studying at that specific institution and how much you will be able to benefit from it.

In such cases, the institution may actually provide you with guidelines for the information to be included in the scholarship application cover letter, such as income data, career background etc.

To conclude the scholarship application cover letter is meant to highlight your strengths, academic skills and goals, and you should ensure you fully communicate all of these in order to ensure your success.

Get more tips on how to write a winning scholarship essay here.

You can browse our various scholarship listings here, and QS also offers its own scholarships. 

Isabel Ara López is a Spanish journalist, graduate of the University of Navarra in 2002, and currently working with the team at BecasEstudio, a website dedicated to providing information about scholarships for bachelor’s, master’s and MBA programs. The portal also provides information on how to apply for scholarships, how to improve your studies,and how to prepare for job interviews after graduation.

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