The process took 3 weeks. I interviewed at Capital One (McLean, VA) in Jan 2012
Interview
After I submitted my resume, I was contacted by a recruiter and asked to schedule a phone screen. After the phone screen, I was asked to complete an online assessment consisting of a math test, reading comprehension test, and a workplace personality test. The recruiter called a few days after completion to tell me that I passed and set up an on site interview. The on site interview was in McLean, VA, and CO paid for all of my travel. There were two behavioral interviews and two case interviews followed by lunch.
The office is a country club, with free on site health care, a kind of outdated fitness center, and a well stocked cafeteria. The culture is very corporate and everyone is exceptionally analytic. Seems like a nice place to work.
I killed myself prepping for the online assessments and interview, and it was largely a waste of time - even if I had received an offer. The online test is worth studying for, since there are so many practice tests available. The math is mainly interpretation of charts and graphs. The behavioral interviews are three questions each, and you'll get a few follow ups questions. The case interviews are focused mainly on profitability and breakeven calculations. These are numbers cases, not strategy; however, be prepared to engage your caser in the qualitative elements of raising revenues or lowering costs.
Interview questions [1]
Question 1
Tell me about a project you worked on that hit a roadblock and how you got around it.
I applied through an employee referral. The process took 2 weeks. I interviewed at Capital One (Richmond, VA) in Sep 2011
Interview
The Interview process is fairly quick and they place a lot of emphasis on ability and not on skills.
First there is a call from a recruiter to reconfirm interest.
After this you take an online assessment, which for most anyone who is not afraid of math is not very difficult.
Then they fly you o DC or Richmond and set you up with 3 or 4 interviews.
1 interview will be a personality test which is more or less the same as all other interviews at other companies.
The other 2-3 interviews can only be compared to a simpler form of consulting interviews where they give you a case and you have to solve it and figure out the best way to sell something or save cost etc.
Interview questions [1]
Question 1
They gave me a question about airline telephones. They wanted me to evaluate the economics of buying out a company that provides telephone service that can be used on airplanes. The parameters were taken from the airline telephone industry back in the 90's when that industry was beginning to fail because of the growth spurt of cell phones.