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Sample cover letter for Internship position at Prudential

POSITION:

Summer Analysit

As a lifelong resident of New Jersey, the name Prudential has come to resonate trust and integrity. I recently had the pleasure of speaking with Mr. X, a private equity credit researcher, at an information session and career fair at the University of Pennsylvania. Specifically, I gained insight about the logistics of working in fixed income. It is with great pleasure and enthusiasm that I’d like to submit my application to the Interdisciplinary Investment Professional Internship Program.

By working in both business and laboratory settings, I have developed analytical and communication skills that enable me to adapt to any team or project. In fact, this past summer I was brought into Xto adjust membership strategies for the upcoming fiscal year; but after looking at the firm’s data and forecasting methods, I shifted the team’s priorities to formally forecasting and contextualizing the previous two years of data. In turn, I was able to relay new statistical relationships that resulted in several new strategies being implemented. My past supervisors and colleagues will be the first to point out my drive to constantly improve the firm’s approach by using intricate analytics. My desire to innovate stems from my scientific background. As a research assistant I found different ways to map auditory pathways in a gerbil brain, specifically by taking pictures of microscope slides with a brain wave tracer and then realigning them onto an MRI using MatLab and Photoshop. I will apply the scientific ideal of using creative thinking to constantly advance knowledge to every business model in order to improve company strategies.

For most of my life, I believed that my passion lied in medicine. It was not until this past summer that I realized it truly revolved around problem solving, specifically in financial applications. I have recently explored this interest by investing a portion of my own savings into a day trading account, and after spending countless hours formulating my own model based off corporate analytics and fundamental analysis, I have seen 10% growth in less than one month of trading. Though I know that trading and investing have many differences, I am confident that I can apply my arduous research habits and analytical skills from trading to build effective, complex fixed income models. As mentioned at the information session, Prudential aims to be amongst the ten largest investment firms in America, and so the only way to grow faster than others is with new, innovative strategies that I strive to bring to this company.

My resume is enclosed for review. I appreciate your time and consideration of my application and hope to have the opportunity to further demonstrate how I could play a positive role at Prudential. Should you have any questions or need additional information, please feel free to contact me.



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