I applied through college or university. The process took 3 weeks. I interviewed at Capital One in Jan 2013
Interview
Started with a Phone interview and an online assessment test. Pretty difficult if you haven't touched up on High School Algebra in awhile. Make sure to work the practice questions they have. Passed the online assessment and was called in to an in person interview. Be prepared to meet IVY league college graduate candidates. 3 Round Case interview. First was behavioral, and other 2 were actual case studies identified around what you're interviewing for, whether it's home loans, mortgage, credit etc. Overall tough interview, just take it easy and breathe!
Interview questions [1]
Question 1
Case study questions are very in depth and have a lot of calculation based results. You will have to work your way through the problem.
Recruiter Call, Mini Case and then a power day with 2 case studies and 1 product case study. Process was overall smooth. Appropriate documents and resources were provided to prep for the interview.
The interview was based on 3 phases. First was screening on call then a video interview with mini case then a power day with 3 phases including product interview, case based and economics based.
First, Screening call: the HR simply walked you thru the interview process and schedule the next round of interview - mini-case. I haven't done the mini case yet. Mini case, just search online for potential cases and prepare for it.