I applied online. The process took 2 days. I interviewed at Capital One (Plano, TX) in Sep 2010
Interview
This was the most rigorous screening process that I have been involved with. The investment that Capital One makes in their candidate selection is impressive. The campus was very nice. The employees that I met were all very friendly and seemed genuinely happy to be there. They have a nice cafe' onsite, as well as a workout facility.
Interview questions [1]
Question 1
Name a time that you had to deal with changing priorities.
Smooth; minicase is verbally presented; may be hard to understand depending on the interviewer. May need to ask many more questions to clarify the questions asked during the case. But overall, it is fairly easy
Three rounds of interviews, two of them are case based to assess technical knowledge (first case is relatively easy, calculation needed), one is mainly behavioural questions with the team leader
1st round was 45 mins. Simple case (profitability and basic business acumen) plus a bit of behavioural
2nd round was in-person; networking dinner the night before, and then two back to back interviews (an hour long case and a 30 min behavioural)
Interview questions [1]
Question 1
For the case it was breakeven calculations and basic business questions (e.g. what are the risks and mitigations associated with this venture...)