How to write a finance cover letter for Morgan Stanley (with a free sample!)

The internet gives us hundreds of suggestions if we ask how to write a perfect finance cover letter. It will ask us to flex our communication skills, and not write generic ones, write over three paragraphs, talk of the job description, - the list is endless. However, the point is, not all jobs require cover letters, and for those who do, writing one isn't such a complicated task. Recruiters across firms believe that applicants applying to a big firm, such as Morgan Stanley can hit the mark as long as they follow a few basic rules. 

If you are wondering whether you should add a cover letter along with your CV when you're applying to Morgan Stanley, don't forget to know the 'why'. 

Cover letters basically bridge the gap between the living 'you' and the methodical CV that you're sending. Your cover letter is meant to convey three important things to your recruiters:

• That you are articulate
• You understand what the firm is looking for, and,
• The skills you got

Finance cover letter 101

Write it like a letter- write the salutation as 'Dear Sir/Madam, or the name of the person, if you know who the interviewer is. Include your address and make sure that you end it with proper regards, for example, 'Yours Faithfully.'

The first paragraph of your Morgan Stanley cover letter should be an opening statement that sets out why you’re writing the letter. You can begin by stating the position you’re applying for and if you become aware of it by going to a recruiting event.

In the middle paragraphs, you need to explain what attracted you to the type of work, why you’re interested in working for the company, and why you think you’d be a good fit.

Finally, in the last paragraph, thank the employer and say you’re looking forward to receiving a response.

NOTE: Make the most out of your experiences. It is better if you include experiences or skills that might not be specifically required or aligned with the job description. Go for it if you believe it will add to your appeal and help you excel in the role!

Examples of such skills could be collaborative, leadership, or problem-solving skills from extracurricular activities or previous jobs. Just ensure that they’re truly relevant and compelling, and not a stretch. 

Say NO to these blunders

Don't use the same type of cover letter for each of your applications. Each job mandates a different set of skills, and your cover letter should signify that. Another reason why you must not use a generic cover letter is that it doesn't sound authentic, at all. While applying to Morgan Stanley, it is suggested that you keep the job description in your mind, and write the letter from scratch for a warmer, and more engaging tone - even if it is a few paragraphs.

Most of all, when applying to Morgan Stanley and other big firms, make sure your cover letter has no mistakes because then, it won't be a deal-breaker for you. You’d be surprised by how many times people forget to remove the name of one firm for another! Not only do the recruiters know you’re applying elsewhere, but it shows a lack of attention to detail as well.

Proofread your letter for grammatical errors, typos, wrong references, and the wrong firm name. Here is a view of the cover letter for the Morgan Stanley internship 

Morgan Stanley cover letter sample

Finance cover letter wind-up

To put it briefly, the cover letter presented to the recruiter should have not only a punctual use of grammar with no mistakes but the style of language should also be excellent. The structure of the same should be a top-down communication. As discussed above, the cover letter should not be created in a haphazard manner. You must introduce yourself in the first section and let the recruiter know how you were exposed to the opportunities at the firm. Your second section should reveal all your professional experiences including internships, and your past achievements. The third section must talk about the reason ‘why Morgan Stanley’, but keep in mind not to overdo it.

Formatting is the next big significant element of the cover letter. It should be written on a single page with neat font, the body of the cover letter should be half a page, which is considered ideal. To stand out of the ordinary, highlight your key skills that are in tandem with the requirements of Morgan Stanley.

Last but not least...

Cover letters can be sent in both DOCX and PDF versions. However, it is advised that you send your cover letter as a PDF file. The reason is, PDFs are compatible with most of the systems which mean it should look the same on the receiver's screen as it does on your own. 

Cover letters, in a way, are the siblings of your resume, that you sometimes forget! Great finance firms like Morgan Stanley require you to be precise, straightforward, and true to the role you are applying to. So, gear yourself up and get ready to write a cover letter that will increase your chances of getting hired at Morgan Stanley.

The sample letter has been provided by Mohamed Suwaid, founder of Graduate Scope.

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