I applied through university. The process took 3 days. I interviewed at Capital One (Ithaca, NY) in Oct 2013
Interview
I was contacted through my university's career services and told to submit an application. I applied online through my career services center and the Capital One online application. Within a couple days, the recruiter for my university contacted me via e-mail and told me that I should set up an interview time. He also attached some information about what the interview would be like, including a YouTube video about Capital One case study questions. The weekend before the interview the recruiter contacted me and asked if I had any questions that I would like cleared up. He also invited me to a networking/information session that would explain what to expect from the interview, the analyst position, and Capital One as a whole.
The interview consisted of one question that involved a break-even analysis with respect to the credit card business Capital One conducts. It involved two types of credit card users. I forget the names of the types, but one used the credit card and only paid the interest while the other user would buy a lot with the card and then pay it off at the end of the month. The first calculation was relatively straightforward, but the second calculation was slightly more complex involving two unknowns and a basic integral/average value. The final part of the interview was then asking me some more conceptual questions about what this analysis meant for the company and which type of credit card user would be most recession proof. The interview was conducted by a current analyst at the company. From this there is another round of interviews in their headquarters in Virginia. I was not given on offer to attend this event.
Interview questions [1]
Question 1
The most difficult question that tripped me up was the break-even calculation made with respect to the credit card user that pays off the whole balance at the end of every month. I don't remember the specific calculation, but I do remember that I had to relate the average value on the card every month to an integral of a line from the origin, basically the area of a triangle.
1 online assessment followed by Power Day with 1 product and 2 cases. Power Day was quite tricky with concepts being combined and tested in different forms. Staying calm and taking in every word is crucial in keeping up with the casing.
Interview questions [1]
Question 1
Product: name 6 ways to improve a digital product of your choice
The interviewer was friendly he asked me Quantitative questions on a streaming platform, too much math involved. I did not reach the answer though the interviewer tried to help so got the rejection.
Interview questions [1]
Question 1
The interviewer was friendly he asked me Quantitative questions on a streaming platform, too much math involved. I did not reach the answer though the interviewer tried to help so got the rejection.
I thought I did really well, but they emailed me back in a few hours, rejecting me. This was for the online test before the power day, and they didn't even give me a score.