I applied through university. The process took 1 day. I interviewed at Capital One (McLean, VA) in Apr 2008
Interview
Very friendly and upbeat. Pretty relaxed. There were 3 interviews, each of which was 30-45 min. 1 Behavorial, 1 Case, and 1 Job fit.
Behavorial was very typical - walk through resume
Case was quantitative math centered on profitability
Job fit was just a chat about what type of working style you prefer/have
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...)
Do case study questions. If you got an interview invitation, you will receive case studies examples, and they will ask similar questions during interview. After this, will have about 15 minutes behavioral questions. Why capital one? Introduce yourself...