I applied online. The process took 1 day. I interviewed at Moody's (New York, NY) in Mar 2011
Interview
I applied through Moody's career website and then HR called me two days after that. I had a phone conversation with HR for 10 minutes and she sent me the detail in the on site interview on the same day.
On the on site interview, I had to meet with six people. They were all kind and were straight forward.