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In this video, the importance of a cover letter in landing first round interviews is discussed, emphasizing that while a resume is crucial, a compelling cover letter can evoke emotions that a resume cannot. The presenter highlights three key strategies used by Amanda in her successful cover letter that helped her secure multiple offers in management consulting and investment banking. Viewers are encouraged to stay until the end for a unique formatting power tip. The video begins with a reminder that while a strong cover letter won't guarantee a job, a poorly written one can prevent an interview opportunity. The detailed breakdown of Amanda's effective cover letter practices will follow.