I applied through university. The process took 1 day. I interviewed at Workday (Pleasanton, CA) in Dec 2012
Interview
I attended the job fair at UCSD, talked to the recruiter for a quick 5 minutes. A few days later I received a phone call asking if I would be able to come in the following week for an interview. I obliged. It was a quick 30 minute interview with one of the developers, I will go into detail regarding the questions below. At the end of my interview he asked me to do some basic testing of the different optimizations we did for calculating Fib numbers. I wrote a detailed report implementing Fib several different ways (recursive, iterative) with several different optimizations using several different data-structures. Lastly, I implemented it in OCAML just for some bonus code. After sending my email the interview responded saying to "Expect to hear from us soon" Roughly two weeks later I received a phone call with my offer. So in all, I only had 1, 30 minute interview and a follow-up email. I am fairly certain that this is not standard practice and most interns fly to the Workday campus for a full day of interviews.
Interview questions [2]
Question 1
Talk about a specific project from your current job.
He wrote the Fibonacci sequence and asked if I recognized it, and if so what it was. He then asked me to write a short code snippet which accepts a number X and returns the Fib value for that number. After my initial answer we discussed optimizations.