I applied online. The process took 3 months. I interviewed at Capital One (Richmond, VA) in Dec 2011
Interview
Was contacted by HR on phone, asked to take a Quant/English test online. Passed it and then was asked to come onsite. On site interview consisted on 2 behavioral and 2 case interview.
Interview questions [2]
Question 1
Anti-freeze: planning to buy a company with 12.5 in cash, 10% bonds for the remaining amount. Total worth of the company $137.5. assuming there is no discount rate. When will u break-even. And is it a good buy?
Part(2) - Anti-freeze is currently priced at $8, with 60% market share; there are other products in the market(A) priced at $7 with 15% market share, (B) at $7 with 7% market share and (c) with $5 and 10% market share. Should we consider decreasing our price by $1 or NOT?
Cap One is usually collects default accts by calling these customers. Usually 15% of customers pay their accounts off. Now, they are consdering giving an offer to the customers for paying 60% amount. Should we do that or not. Abg balance is $2000. This offer will impact now, that only 10% customers will pay in full and 10% will pay 60% offer.
part(b)- since we are stealing our own customers by giving an offer, what is the cannibalization rate? and what is the max. cannibalization rate that Capital One can do to break even?
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.
Fairly straightforward. Recieved a mini case then the power day which consisted of a behavior interview, a case and a product sense interview. The Product Sense asked for me to choose any product and identify 10 potential users for it