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To secure a first-round interview, a resume is crucial, but a compelling cover letter can evoke emotions that a resume cannot. In this video, the speaker highlights three key elements from Amanda's successful cover letter that helped her land offers from management consulting firms and bulge bracket investment banks. The speaker emphasizes the importance of a strong cover letter, noting that while it cannot guarantee a job, a poorly written one can prevent you from getting an interview. The video aims to break down the effective strategies in Amanda's cover letter and concludes with a unique formatting tip that viewers are encouraged to stick around for.