I applied through university. The process took 1 day. I interviewed at Capital One (Richmond, VA) in Dec 2011
Interview
The first round was an easy case interview, 2nd round was online tests, and the 3rd round consisted of 3 in-person interviews at their office in Richmond. One was behavioral and 2 were case. The case interviews were definitely more challenging than in the first round. I am not allowed to describe the case problem, but they were quantitative in nature, not mind benders such as "Why are manhole covers round?
The people who interviewed were very nice and courteous. After the interviews, we got a free lunch and a tour of the building.
Interview questions [1]
Question 1
Solve a case question in which you are merging two firms. With new acquisition, are you losing or saving money? Can you identify ways to save the firm money?
Online problem solving exercise, followed by a 3 hour "powerday" with two cases and one product strategy interview. Cases are very numerical, more focus on calculations, and a few creativity based questions as well.
Interview questions [1]
Question 1
Product strategy - if you were the CEO of x company, what are the key performance indicators you would keep an eye on
Two stage process consisting of behavioural and situational component along with case interviews. First round had a ~15 minute case, second round had 2 cases, each around 30 minutes in length,