I applied through college or university. The process took 2 weeks. I interviewed at Capital One (Richmond, VA) in Sep 2015
Interview
I had a recruiter reach out to me to schedule a phone interview, which consisted of 5 math problems (covered weighted averages,break even,simple interest, profit calculation). Then, I was called for an onsite interview which consisted of 2 case and 2 behavioural rounds.
For the case interviews, Its really about keeping your nerves and not making simple math mistakes(Doing this when you have someone staring into your paper is more difficult than it sounds. sometimes you tend to miss to overlook some facts because of nervousness !) For behavioural, there were questions like biggest obstacle ? a time you had to learn something new? reaching out to an expert?
From a data perspective, what are some of the trends or something like that?
The experience was good overall ! seamless and no hassles.
Interview questions [1]
Question 1
CASE 1
A company in 2002 is looking to start the satellite radio business, what are some of the risks that they should be aware of ?
1.
Costs(Fixed & variable) & Revenues are given (ex - 1.7 billion royalty to content producers, subscription fee per month.Also as a promotional offer, for the first 2 years- the consumer is given 2 months free services per year)
What is the profit per customer per year? It ends up in losses
2.
They have 3 strategies
- do nothing
- reduce the royalty to 700 mill
- instead of 2 free months per year , give 3 per year for the first 2 years
What is the profit per customer per year?
3. To find a relationship function between profit and the number of customers in each of the 3
strategies ?
Assume profit - Y and number of customers - X
Profit = Revenue - Cost , get revenue and cost in terms of X and the given numbers for each of the 3 strategies.
CASE 2 :
Cap 1 is thinking of a partnership with a retailer on a card offering, the card can be used at other retail stores as well. Capital one currently sends direct mail to market their products. In this case, the executive at the point of sales, would talk to their customer about this card.
1. In such an agreement, what is in it for capital one ?
2. Given costs and revenue , calculate annual profit per customer ? Turns out to be a loss (some of the numbers are given on a monthly basis , whereas some are annual. So you need to make sure to convert to annual, if the interviewer asks for an annual profit)One of the costs was a 180$ payment to the retailer for every card sold.
3. Of all the given costs, what can be reduced ? The 180$ payment was the only option that could be reduced as the others were APR, interchange fee etc. Calculating the break even?
Started with an OA, and then proceeded to data challenge, and afterwards it was Power Day which had 4 rounds of interview. 2 of them were more problem-solving, and one of them was walking through the data challenge
Interview questions [1]
Question 1
In one of the rounds I was a given a question related to debit/credit card
Powerday 4 rounds back to back. One data challenge presentation , two cases and one behavior round. Overall easy and it was a nice experience. Interviewers responded the follow up questions detailedly.
I applied through college or university. I interviewed at Capital One (Plano, TX)
Interview
1) CodeSignal proctored test. Tests analytical prowess and SQL. Time is tight, with increasingly difficult questions. You have to pass to move on.
2) Data Challenge. Python coding challenge to answer 5 questions. You need to merge/ clean your dataset and make a recommendation. You present it during power day.
3) Powerday. 4 interviews back to back. 2 case interviews, 1 behavioral interview, 1 data challenge interview.