14 Entry Level/Junior Financial Analyst Cover Letters

Approved by real hiring managers, these Entry Level/Junior Financial Analyst cover letters have been proven to get people hired in 2024. A hiring manager explains why.

Hiring Manager for Entry Level/Junior Financial Analyst Roles
Compiled by: Kimberley Tyler-Smith
Senior Hiring Manager
20+ Years of Experience

Entry Level/Junior Financial Analyst Cover Letter Example

Dear Hiring Manager,

I am thrilled to apply for the Entry Level/Junior Financial Analyst position at Goldman Sachs. Growing up, I was always fascinated by finance and my dad's stories about his work as an investment banker. I remember listening with wide-eyed curiosity as he shared his experiences navigating the world of stocks, bonds, and mergers. This childhood interest has stayed with me, and I am eager to embark on my own finance career journey with a renowned firm like Goldman Sachs, where I can contribute to its commitment to excellence and innovation in the financial services industry.

During my time as a finance intern at Resume Worded, I honed my analytical skills by conducting in-depth research and analysis of various investment opportunities, which led to the recommendation of a profitable portfolio adjustment. By successfully identifying emerging trends and areas of growth, I helped the team achieve a 15% increase in portfolio value within six months. I am confident that my ability to provide actionable insights based on data-driven analysis will be an asset to the Goldman Sachs team.

In addition to my analytical abilities, I also possess strong interpersonal skills that have allowed me to excel in team environments. While serving as treasurer for my university's finance club, I collaborated with club members to organize and execute a series of successful fundraising events, ultimately raising over $5,000 for club initiatives. I believe that my combination of technical expertise and collaborative spirit will enable me to contribute meaningfully to the success of Goldman Sachs and its clients.

I am particularly excited about the opportunity to work with Goldman Sachs' diverse and talented team of professionals. I am eager to learn from experienced colleagues and contribute my own insights to support the firm's continued growth and success in the financial services industry.

Thank you for considering my application. I look forward to the opportunity to discuss my qualifications further and explore how I can contribute to the Goldman Sachs team.

Sincerely,

[Your Name]

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Why This Cover Letter Works in 2024

Childhood Connection to Finance

What I love about this cover letter is that it opens with a personal anecdote that connects the applicant to the finance industry. This helps make the cover letter more engaging and memorable.

Internship Accomplishments

This cover letter does a great job of highlighting specific accomplishments from the applicant's past experiences. By using numbers and details, it shows the impact they've had and how they can bring value to the company.

Emphasis on Teamwork

The cover letter emphasizes the applicant's interpersonal skills and ability to work well in team environments. This is important for a financial analyst role, as collaboration is often essential to success.

Excitement for the Company

This cover letter shows genuine excitement for the company and the opportunity to work with its diverse and talented team. This demonstrates that the applicant is passionate about the role and invested in the company's success.

Gratitude and Next Steps

The closing paragraph is concise and expresses gratitude for the opportunity to apply. It also looks forward to further discussing the applicant's qualifications, demonstrating their enthusiasm and professionalism.

Entry Level/Junior Financial Analyst Cover Letter Example

Dear Hiring Manager,

I am writing to express my interest in the Entry Level/Junior Financial Analyst position at JPMorgan Chase. I've always been fascinated by the financial industry and have been following JPMorgan's innovative approach to digital banking and customer experience.

In the past year, I've worked at Resume Worded as a junior financial analyst where I managed a $500,000 budget and helped increase efficiency by 30% by identifying cost-saving opportunities and implementing financial planning tools. This experience has honed my analytical skills and understanding of financial reporting.

What really sets me apart is my ability to combine my financial knowledge with my passion for tech innovation. At RW Tech Company, I initiated the integration of a new financial management system that increased productivity by 20%. I believe this experience will be beneficial for JPMorgan Chase as it continues to innovate in the digital banking space.

I am excited about the opportunity to work at JPMorgan Chase because of its emphasis on customer-centric digital innovation. I look forward to contributing my skills and experiences to the team and learning more about the financial industry.

Thank you for considering my application. I am eager to further discuss how my background and passion for financial technology can benefit JPMorgan Chase.

Best,
[Your Name]

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Why This Cover Letter Works in 2024

Quantify Your Contributions

Showing the tangible impact you've had on your previous employer is an excellent way to demonstrate your value. By mentioning that you managed a $500,000 budget and increased efficiency by 30%, you're not just saying you're good at your job, you're proving it with hard numbers. This makes it easier for me to visualize the kind of impact you could have at our company.

Highlight Cross-Disciplinary Skills

By showcasing your ability to combine financial knowledge with a passion for technology, you're demonstrating versatility and initiative. Employers love candidates who can wear multiple hats and drive innovation. Moreover, in a rapidly changing industry like finance, your ability to adapt and incorporate tech advances could be a real asset.

Entry Level/Junior Financial Analyst Cover Letter Example

Dear Hiring Manager,

I'm reaching out to express my interest in the Entry Level/Junior Financial Analyst position at JPMorgan Chase. I've always been fascinated by the financial markets, not just because of their complexity but also due to their direct impact on people's lives. My journey into finance began in college, sparked by a class project on market trends and their socio-economic effects. This project not only honed my analytical skills but also ignited a profound interest in financial analysis, making the opportunity at JPMorgan Chase incredibly exciting for me.

During my internship at Resume Worded Financial Services, I was part of a team that developed a model predicting stock performance with an 80% accuracy rate. My contribution was creating an algorithm that streamlined data collection, reducing our analysis time by 30%. At RW Tech Company, I led a project that increased client investment returns by 5% in one quarter by identifying underperforming assets and reallocating resources. These experiences have not only equipped me with solid analytical abilities but also taught me the importance of innovation and efficiency in financial analysis.

I am particularly drawn to JPMorgan Chase because of its reputation for fostering innovation and its commitment to sustainable finance. Your initiatives align with my professional values and my desire to contribute to meaningful projects that have a positive impact on the economy and society.

Thank you for considering my application. I am eager to bring my background in data analysis and passion for financial markets to the Junior Financial Analyst role at JPMorgan Chase. I look forward to the possibility of discussing this exciting opportunity with you.

Warm regards,

[Your Name]

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Why This Cover Letter Works in 2024

Highlight your personal interest and its relevance

In your cover letter, it's important to infuse personal passion into professional expertise. Here, you've smartly linked your academic project to your interest in financial analysis. It tells me that you're not just looking for any job, but one that aligns with your interests and skills.

Showcase specific contributions and impacts

Describing your specific contributions and their impacts in plain and tangible terms is a very effective way to show your worth. By stating how your algorithm reduced analysis time by 30%, you paint a clear picture of the value you brought to your previous team and the potential value you could bring to us.

Summarize skills gained from professional experiences

It's always refreshing to hear someone not just talk about what they did, but also what they learned from doing it. The insight you gained about the importance of innovation and efficiency in financial analysis shows you're a reflective professional who takes away lessons from their experiences.

Align company's values with your own

You've really nailed it by highlighting your alignment with our company's core values. This tells me that you've done your homework and understand what we're about. It also suggests that you would fit well into our culture.

Express enthusiasm for the specific role

Your eagerness to bring your background and passion to our company is palpable. You're not just looking for a job, you want THIS job. This kind of enthusiasm can help set you apart from other candidates who may seem indifferent or generic in their application.

Entry Level/Junior Financial Analyst Cover Letter Example

Dear Olivia,

When I first discovered Morningstar's commitment to empowering investor success through top-notch financial analysis, I knew I had to be part of this mission. As a recent graduate with a Finance degree and a passion for data-driven decision making, I am excited to apply for the Junior Financial Analyst position at Morningstar.

During my internship at RW Investment Firm, I honed my skills in financial modeling and data analysis, creating detailed reports that helped guide investment strategies. I took the initiative to automate a manual data entry process, saving the team over 10 hours per week. At university, I led a team of 5 in a stock pitch competition, leveraging my strong analytical and communication skills to secure a top 3 finish. I am eager to bring this same drive and technical expertise to Morningstar, where I can grow and make an impact from day one.

The opportunity to work alongside Morningstar's talented analysts and contribute to providing best-in-class investment insights truly excites me. I admire the company's unwavering commitment to independence and transparency, and I am confident my skills and values align perfectly with this role and Morningstar's mission.

Thank you for considering my application. I look forward to the opportunity to discuss further how I can contribute to Morningstar's continued success.

Best regards,
[Your Name]
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Why This Cover Letter Works in 2024

Connect your passion to the company's mission

Showing that you know about Morningstar's goals and want to be part of them helps me see you're not just looking for any job, but are interested in what we specifically do.

Demonstrate your financial analyst skills with examples

Telling me about your internship experience gives me a clear picture of your capabilities, especially in financial modeling and data analysis, which are crucial for a junior financial analyst.

Show leadership and teamwork in finance

Leading a team in a stock pitch competition not only shows your analytical skills but also your ability to work well with others and lead, which is important here at Morningstar.

Express enthusiasm for learning from the team

When you talk about your excitement to work with our analysts, it tells me you're eager to grow and contribute, aligning with our culture of continuous improvement.

End with a strong call to action

Thanking us for considering your application and expressing eagerness to discuss your fit further shows politeness and proactiveness, traits we value at Morningstar.

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Entry Level/Junior Financial Analyst Cover Letter Example

Dear Alex,

I've always been fascinated by the world of finance and how it drives business decisions. When I learned about the Junior Financial Analyst role at Morningstar, I knew I had to apply. Morningstar's commitment to providing independent investment research and empowering investors resonates with my own values and career aspirations.

During my internship at RW Financial Services, I had the opportunity to dive deep into financial modeling and analysis. I worked closely with the senior analysts to build comprehensive models for client portfolios, resulting in a 15% increase in portfolio performance. I also took the initiative to streamline the data collection process, saving the team over 10 hours per week. At university, I excelled in my finance coursework, achieving a 3.8 GPA while balancing leadership roles in the Student Investment Club. I led a team of 5 students to manage a $50,000 portfolio, outperforming the S&P 500 by 3% during my tenure.

I am excited about the opportunity to bring my analytical skills, attention to detail, and passion for finance to the Junior Financial Analyst role at Morningstar. I am eager to learn from the experienced team and contribute to providing valuable insights to clients.

Thank you for considering my application. I look forward to the opportunity to discuss how I can contribute to Morningstar's mission.

Best regards,
[Your Name]
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Why This Cover Letter Works in 2024

Connect your interests with the company's goals

Expressing how your fascination with finance aligns with the company's mission demonstrates you're a good cultural fit for the team.

Showcase hands-on experience

Talking about your internship experience, especially when you can quantify your contributions, proves you have practical skills that can be applied to the job immediately.

Demonstrate your academic excellence

Sharing your GPA and leadership experience in finance-related activities at university shows your dedication and ability to manage responsibilities effectively.

Communicate your eagerness to contribute

Highlighting your excitement to apply your skills at Morningstar suggests you're motivated and likely to be an engaged employee.

Request an opportunity to discuss further

Ending your cover letter with a polite request for a discussion about your fit for the role shows professionalism and forward-thinking.

Entry Level/Junior Financial Analyst Cover Letter Example

Dear Alex,

I still remember the day I first discovered my passion for finance – it was during a high school field trip to the NYSE, where I watched in awe as traders shouted out orders and numbers flashed across screens. Since then, I've been hooked on the fast-paced world of finance and am excited to apply for the Junior Financial Analyst role at Fidelity Investments.

During my internship at Resume Worded Financial Services, I conducted in-depth financial analysis on over 20 companies, identifying key trends and presenting my findings to senior management. I also automated several reporting processes using VBA, saving the team an estimated 10 hours per week. At RW Asset Management, I further honed my analytical skills by building complex valuation models for client portfolios totaling $50M. I collaborated closely with portfolio managers to develop investment strategies, resulting in a 12% increase in portfolio returns.

What excites me most about this role at Fidelity is the opportunity to work with a talented team of analysts and contribute to investment decisions that directly impact clients. I admire Fidelity's commitment to putting clients first and providing objective, data-driven advice. With my strong analytical background, attention to detail, and drive to continuously learn, I am confident I can add value to the team from day one.

Thank you for considering my application. I look forward to the opportunity to further discuss how I can contribute to Fidelity's success.

Best regards,
[Your Name]
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Why This Cover Letter Works in 2024

Connect personal passion to the finance world

Sharing a moment that sparked your interest in finance helps me see your genuine enthusiasm for the field. This makes your application memorable.

Showcase practical finance experience

Detailing your internship experience where you conducted financial analysis demonstrates your ability to apply knowledge in real-world settings. It's impressive when you can show how you've already added value.

Highlight advanced analytical skills

Describing your experience in creating valuation models for significant client portfolios positions you as someone with advanced skills ready to tackle complex challenges.

Express excitement for the team environment

When you talk about looking forward to working with a team, it tells me you're not just about numbers but also value collaboration and contributing to collective goals.

Underline readiness to contribute from day one

Asserting your strong analytical background and eagerness to learn suggests you're not only qualified but also highly motivated to start making an impact immediately.

Financial Analyst Intern Cover Letter Example

Dear Hiring Manager,

I am applying for the Financial Analyst Intern position at Goldman Sachs. I've been captivated by the world of finance since my first economics class in high school, and I've been following Goldman Sachs' commitment to sustainability and responsible investment.

As a finance major at University, I led a student-managed investment fund with a portfolio of over $50,000. My team and I achieved a 12% return on investment within a year, exceeding our target of 10%. This experience has equipped me with a solid understanding of financial analysis and investment strategies.

In addition to my academic achievements, I interned at Resume Worded where I assisted in forecasting quarterly revenue and identifying potential investment opportunities. I developed financial models that resulted in a 15% increase in our investment efficiency. These experiences have honed my financial and analytical skills, which I am eager to bring to Goldman Sachs.

What excites me about this role is the chance to learn from industry leaders and to contribute to Goldman Sachs' commitment to responsible investment. I am eager to apply my financial knowledge and passion for sustainable investment to this role.

Thank you for considering my application. I look forward to the possibility of contributing to Goldman Sachs and am excited about the opportunity to learn more about sustainable investment strategies.

Best,
[Your Name]
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Why This Cover Letter Works in 2024

Put Your Academic Achievements into Action

Leading a student-managed investment fund and achieving a 12% return on investment is a great example of putting theory into practice. It shows you can translate what you've learned in the classroom to real-world scenarios. This kind of initiative sets you apart from other students who may have similar academic backgrounds but lack practical experience.

Showcase Your Ability to Drive Results

Mentioning your internship experience where you increased investment efficiency by 15% shows you're not just there to do a job, but to make a difference. It tells me that you're proactive and results-driven, traits that are highly valued in a competitive industry like finance.

Financial Analyst Intern Cover Letter Example

Dear Mark,

From the moment I first used Bloomberg's Terminal during a university project, I was captivated by the sheer depth and power of financial data at my fingertips. As an aspiring financial professional with a keen eye for detail and a love for uncovering insights, I am thrilled to apply for the Financial Analyst Intern position at Bloomberg.

Through my coursework and extracurricular activities, I have developed a strong foundation in financial analysis and a knack for telling stories through data. As Treasurer of the Student Investment Club, I led a team that generated a 12% return on a $50,000 portfolio, outperforming the benchmark by 3%. I also took on a data analytics project for RW Financial Services, where I built predictive models to identify high-potential clients, resulting in a 15% increase in conversions.

Bloomberg's global reach and commitment to providing accurate, real-time financial data is unparalleled. I am excited by the prospect of learning from Bloomberg's expert analysts and contributing my skills to help clients make informed investment decisions.

Thank you for your time and consideration. I would welcome the chance to discuss how my analytical mindset and passion for finance can add value to Bloomberg's internship program.

Sincerely,
[Your Name]
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Why This Cover Letter Works in 2024

Capture attention with a unique experience

Starting with your Bloomberg Terminal experience grabs my interest right away because it shows you're familiar with tools we use every day in our work.

Highlight your analytical and storytelling skills

Mentioning your ability to tell stories through data is powerful because it's a skill that sets apart good financial analysts from great ones.

Quantify your achievements in finance

By quantifying your successes, like the increase in conversions, you make your accomplishments tangible and relatable, which is exactly what we're looking for in a financial analyst intern.

Show eagerness to contribute and learn

Your excitement about learning from our experts and contributing to client success tells me you're ready to be a team player and have a genuine interest in the financial field.

Close with gratitude and an offer to discuss further

Thanking me for my time and suggesting a conversation shows you're courteous and serious about the opportunity, making me more inclined to give your application a closer look.

Financial Analyst Intern Cover Letter Example

Dear Sarah,

When I first discovered investing as a teenager, I spent countless hours researching stocks and building my own mock portfolios. That early passion for financial analysis has only grown stronger over time, leading me to pursue a degree in finance and seek out opportunities to apply my skills in the real world. The Financial Analyst Internship at Charles Schwab caught my eye as the perfect way to kick-start my career in this exciting field.

As a finance major at RW University, I've consistently achieved top grades in courses like Financial Modeling, Investment Analysis, and Corporate Finance. But I'm most proud of the work I've done outside the classroom. As the Vice President of the Student Managed Investment Fund, I led a team of 12 students to manage a $100,000 portfolio, generating returns that exceeded our benchmark by 5%. I also completed a summer internship at RW Wealth Management, where I assisted in creating financial plans for high-net-worth clients and conducted research on potential investment opportunities.

I am thrilled at the prospect of bringing my skills and enthusiasm to the Financial Analyst Internship at Charles Schwab. I admire the company's commitment to providing exceptional service and empowering individual investors, and I would welcome the chance to learn from and contribute to such a respected firm.

Thank you for taking the time to review my application. I am eager to discuss further how I can add value to Charles Schwab as a Financial Analyst Intern.

Sincerely,
[Your Name]
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Why This Cover Letter Works in 2024

Show your lifelong passion for financial analysis

Sharing your early interest and continuous growth in the field makes your application stand out. It shows you are not just looking for any job, but you are dedicated to building a career in financial analysis.

Highlight your academic achievements in finance

Mentioning your top grades in key finance courses demonstrates your strong foundation in the subject matter and readiness for the internship role.

Demonstrate real-world experience

Discussing your internship and leadership in managing a significant portfolio as a student shows you can apply classroom knowledge to real-world situations, an invaluable trait for a financial analyst intern.

Express enthusiasm for the role

Expressing excitement about the internship opportunity and admiration for the company's mission helps create a personal connection with the hiring manager.

Show appreciation for the hiring manager's time

A simple thank you can go a long way. It shows respect and professionalism, qualities important in any workplace.

Financial Data Analyst Cover Letter Example

Dear Ms. Rivera,

I'm writing to apply for the Financial Data Analyst position at Goldman Sachs. My fascination with data analysis began oddly enough with a love for puzzles as a child. This curiosity evolved into a career path when I realized the power of data in solving the complex puzzles of the financial world. Goldman Sachs stands out to me not just as a leader in finance but as an innovator in using data to drive decisions, something I am deeply passionate about.

At Resume Worded, I was instrumental in developing a predictive model that identified emerging market opportunities, leading to a 20% increase in investments in developing economies. My knack for interpreting complex datasets and translating them into actionable insights was key to this success. Furthermore, at RW Tech Company, I spearheaded a data cleanup initiative that enhanced our forecasting accuracy by 25%, directly impacting our strategic planning and investment decisions. These accomplishments underscore my capability to not only manage large datasets but also to extract meaningful insights that propel business growth.

What excites me about the opportunity at Goldman Sachs is the chance to contribute to a team that is at the forefront of financial innovation, using data to shape the future of finance. I am particularly interested in your recent work on leveraging AI for market analysis and believe my background in data science and financial analysis would allow me to make a valuable contribution to your team.

I appreciate your consideration and look forward to the possibility of applying my analytical skills and passion for data-driven finance to the Financial Data Analyst role at Goldman Sachs. Thank you for the opportunity to apply for this exciting role.

Best regards,

[Your Name]
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Why This Cover Letter Works in 2024

Communicate affinity with the company's approach

By recognizing our innovative approach to finance, you demonstrate a deep understanding of what we do and how we do it. It shows your enthusiasm is backed by knowledge, making your interest in the role more credible.

Highlight your skill as a problem solver

Describing how you've used your skills to drive success in the past gives us a glimpse of what you could achieve in the future. Your ability to translate complex datasets into actionable insights clearly demonstrates your problem-solving skills, a critical quality for a Financial Data Analyst.

Present evidence of your capabilities

You've provided concrete evidence of your ability to manage large datasets and extract meaningful insights. By stating how your accomplishments benefited your previous organizations, you show us what we could potentially gain from having you on board.

Show enthusiasm for the position

Expressing excitement not just for the job but the specific work we do here is a very compelling way of showing your motivation. It tells me that you've thought deeply about this role and how it fits into your career plans.

Reiterate your qualifications and interest

Reasserting your qualifications and passion for data-driven finance at the end of your letter reinforces your suitability for the role. It leaves us with a lasting impression of your eagerness and readiness to contribute to our team.

Investment Research Associate Cover Letter Example

Dear Carmen,

As a lifelong follower of Zacks Investment Research's stock picks and market commentary, I have always admired the company's commitment to empowering individual investors. With my strong foundation in financial analysis and passion for equity research, I am excited to apply for the Investment Research Associate role at Zacks.

In my current role as a Financial Analyst at RW Capital Management, I have honed my skills in analyzing financial statements, building valuation models, and identifying investment opportunities. I recently spearheaded a project to evaluate the potential of emerging market stocks, presenting my findings to senior management and ultimately contributing to the decision to allocate 10% of our portfolio to these high-growth opportunities. I also developed a new risk assessment framework that helped optimize our portfolio, resulting in a 20% reduction in volatility without sacrificing returns.

I am drawn to Zacks' rigorous, data-driven approach to stock analysis and the opportunity to help individual investors make more informed decisions. With my strong analytical skills, attention to detail, and ability to communicate complex ideas clearly, I am confident I can contribute to Zacks' mission of providing valuable investment insights.

Thank you for considering my application. I would be thrilled to discuss further how my skills and experience can contribute to Zacks' continued success in empowering investors.

Best regards,
[Your Name]
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Why This Cover Letter Works in 2024

Show your passion for the industry

Mentioning your long-time following of the company's work shows you have a real interest in their mission and the field. This sets a strong foundation for your application.

Detail your relevant experience

Describing specific projects you've led and the skills you've developed directly relates to what you'll be doing in the new role. It's evidence you can handle the job.

Highlight your achievements with numbers

When you can talk about your success in terms of real numbers, like reducing volatility by 20%, it paints a clear picture of your impact. This is very convincing.

Express confidence in your abilities

Stating clearly that you can add value to the company's mission encourages the hiring manager to see you as a capable candidate.

End with a call to action

Inviting further discussion shows you're eager and ready to take the next step. It's a proactive closing.

Entry Level Financial Analyst Cover Letter Example

Dear Michael,

When I was young, my grandfather taught me the importance of investing wisely and planning for the future. Those early lessons sparked a lifelong interest in finance that has guided my academic and professional pursuits. I was thrilled to discover the Entry Level Financial Analyst position at Vanguard, as it perfectly aligns with my skills, values, and aspirations.

Throughout my studies at RW University, I consistently achieved top grades in my finance courses while taking on leadership roles in extracurricular activities. As the Treasurer of the Student Government Association, I managed a budget of $200,000, implementing cost-saving measures that allowed us to increase funding for student organizations by 20%. Additionally, my internship at RW Asset Management provided hands-on experience in financial analysis and modeling. I collaborated with the investment team to conduct research and build models for potential investments, contributing to the successful acquisition of three new portfolio companies.

I am excited about the opportunity to bring my strong analytical skills, financial acumen, and attention to detail to the Entry Level Financial Analyst role at Vanguard. I am drawn to Vanguard's mission of providing low-cost, high-quality investment options to help clients achieve their financial goals. I would welcome the chance to learn from Vanguard's experienced professionals and contribute to the firm's success.

Thank you for considering my application. I look forward to the opportunity to discuss how I can add value to Vanguard as an Entry Level Financial Analyst.

Best regards,
[Your Name]
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Why This Cover Letter Works in 2024

Share personal stories that sparked your interest

Telling a story of how your interest in finance was sparked by family wisdom helps personalize your cover letter, making it memorable for the hiring manager.

Emphasize leadership and academic excellence

Highlighting your roles in extracurricular activities and strong academic record in finance courses showcases your ability to lead and succeed academically, skills critical for an entry-level financial analyst.

Illustrate your hands-on experience in financial analysis

Describing your internship experience, especially your contribution to significant projects, shows you have practical experience in financial analysis, setting you apart as a candidate.

Connect with the company’s mission

Expressing alignment with the company’s values and mission demonstrates you're not just looking for any job but are interested in growing with Vanguard, specifically.

Express gratitude and eagerness to contribute

Acknowledging the opportunity to apply and showing eagerness to discuss your potential contributions further highlights your professionalism and enthusiasm for the role.

Investment Analyst Cover Letter Example

Dear Sarah,

Growing up, I was always fascinated by the stock market and how companies were valued. I remember watching CNBC with my dad and asking endless questions about P/E ratios and market capitalization. This early curiosity led me to pursue a degree in finance and seek out hands-on experience in the field. I am thrilled to apply for the Investment Analyst role at T. Rowe Price.

As an intern at Resume Worded Capital, I conducted fundamental analysis on over 30 small-cap companies, identifying undervalued stocks that resulted in a 15% return for the firm's portfolio. I also developed a new screening methodology to efficiently filter through thousands of stocks based on key financial metrics. At RW Investments, I further refined my analysis skills by building detailed financial models and presenting investment recommendations to the firm's partners. My proposals resulted in the firm taking new positions totaling $25M.

I am drawn to T. Rowe Price's rigorous investment approach and focus on long-term value creation. I admire the firm's commitment to independent research and active management. With my strong foundation in financial analysis, passion for the markets, and eagerness to learn, I am excited about the possibility of contributing to T. Rowe Price's tradition of investment excellence.

Thank you for considering my application. I would welcome the chance to discuss further how my skills and experience can benefit the Investment Analyst team.

Sincerely,
[Your Name]
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Why This Cover Letter Works in 2024

Share early finance curiosity stories

Telling me about your childhood fascination with the stock market offers a personal touch and shows your long-term interest in finance, making your career choice seem like a natural progression.

Demonstrate impact through internship

Highlighting your success in identifying undervalued stocks as an intern gives concrete examples of your potential to contribute to our investment objectives. It's important to see tangible results.

Detail your financial modeling expertise

By mentioning your experience in financial modeling and making investment recommendations, you establish yourself as someone capable of deep analysis and strategic thinking.

Align with the company's investment philosophy

Your admiration for our investment approach tells me you've done your homework and understand what makes us unique, suggesting a good fit.

Express eagerness to join our tradition of excellence

Voicing your excitement to contribute to our firm's success indicates you're not just looking for any job, but are passionate about specifically working with us and advancing our mission.

Equity Research Associate Cover Letter Example

Dear Michael,

I first gained exposure to equity research during a stock pitch competition in college, where my team's buy recommendation on an undervalued tech stock earned us first place. I was hooked by the challenge of analyzing companies, building financial models, and crafting compelling investment theses. I am excited to apply for the Equity Research Associate role at Morningstar.

During my internship at Resume Worded Securities, I created detailed research reports on 15 companies in the healthcare sector, including building DCF and comparable company valuation models. My analysis of an oversold medical device maker prompted the firm to take a position, which generated a 25% return over the next two quarters. At RW Equity Partners, I honed my research skills further by conducting primary research, including expert calls and field visits, to gain unique insights into companies and industries. I collaborated with senior analysts to publish reports that were distributed to the firm's clients.

I am drawn to Morningstar's commitment to independent, investor-focused research and the firm's wide-reaching impact on the investment community. I am impressed by the caliber of Morningstar's equity research and the team's thought leadership. With my foundational skills in financial modeling and passion for deep fundamental research, I am eager to contribute to Morningstar's mission of empowering investor success.

Thank you for considering my application. I look forward to exploring how I can add value to Morningstar's Equity Research team.

Best regards,
[Your Name]
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Why This Cover Letter Works in 2024

Show your equity research passion early

Starting your cover letter by talking about a real experience that sparked your interest in equity research makes your passion clear. It tells me you're not just looking for any job, but you are dedicated to this field specifically.

Quantify your internship achievements

By mentioning your direct experience with financial models and the tangible impact of your work, you demonstrate that you can apply your skills to deliver real results. This is exactly what hiring managers look for, proof that you can not only do the work but make a positive difference.

Dive deeper into research skills

When you talk about conducting primary research and working closely with senior analysts, it shows you're not just capable of independent work but also value collaborative efforts and are proactive in seeking out valuable insights. This level of initiative is highly prized in equity research roles.

Connect with the company’s mission

Expressing admiration for Morningstar's approach to research indicates you've done your homework on the company and align with their values. This alignment between candidate and company values is crucial for long-term success and satisfaction on both sides.

Highlight your foundational skills and passion

Talking about your foundational skills along with your passion for fundamental research positions you as a well-rounded candidate. It also subtly assures hiring managers that you're not just about crunching numbers, but you're driven by the bigger picture of empowering investors.

Alternative Introductions

If you're struggling to start your cover letter, here are 6 different variations that have worked for others, along with why they worked. Use them as inspiration for your introductory paragraph.

1
As I eagerly prepare to embark on my career journey in finance, I cannot think of a better place to begin than at J.P. Morgan. My interest in finance started when I won my school's stock market simulation game in high school, and the sense of accomplishment it brought has stayed with me ever since. I am excited to contribute to J.P. Morgan's commitment to excellence and innovation in the financial services sector, as I begin my own professional journey.
This intro is engaging because it shares a personal story that highlights the applicant's enthusiasm for finance and highlights the connection they've had with it from a young age, which is memorable and aligns with J.P. Morgan's focus on innovation.

2
Growing up, I was always fascinated by the world of investments – from following the stock market to researching investment strategies. Now, as I begin my career in finance, I can't help but be drawn to the Vanguard Group, a company that truly pioneered the idea of low-cost index funds and put the power of investing in the hands of everyday people. I'm eager to start my journey as a Financial Analyst with a firm that values such an innovative and accessible approach to investing.
This intro highlights the applicant's genuine interest in the unique aspects of the company, in this case, Vanguard's innovative and accessible approach to investing, which shows they've done their research and understand the company's values.

3
As the daughter of a small business owner, I have witnessed firsthand the ups and downs that come with managing finances. This experience has fueled my passion for helping businesses make smart financial decisions and has led me to pursue a career in finance. I am excited to apply for the Financial Analyst position at Deloitte, where I can work with a diverse range of clients and contribute to the growth and success of their businesses.
This intro effectively connects the applicant's personal experience to their passion for the industry and demonstrates how their background will be an asset when working with clients at Deloitte, a company known for its diverse range of services.

4
When it comes to seeking opportunities in the world of finance, Bank of America stands out to me as a company that not only excels in its industry but also demonstrates a strong commitment to social and environmental responsibility. As a young professional who values both financial success and a positive impact on society, I am thrilled to apply for the Financial Analyst position at Bank of America, where I can contribute to the company's mission of responsible growth.
This intro showcases the applicant's understanding and appreciation of the company's unique commitment to social and environmental responsibility, which sets Bank of America apart from its competitors and is likely to resonate with the company's values and goals.

5
As someone who has always been intrigued by the intersection of finance and technology, I am incredibly excited to apply for the Financial Analyst position at Fidelity Investments. With Fidelity's commitment to using cutting-edge technology to drive innovation in financial services, I can think of no better place to start my career and contribute to reshaping the future of finance.
In this intro, the applicant emphasizes their interest in the unique combination of finance and technology and how it aligns with Fidelity's innovative approach, which shows that they have a strong understanding of the company's focus and values.



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