Capital One BA 2024 Thread
Starting this thread, still waiting after receiving digital R1. I was told they had a systems outage this week that pushed stuff back.
Edit: got my power day 8 business days after submitting digital R1; got my offer 32 calendar days after getting R1.
Just got my powerday for BA Internship. If anyone has any specific resources for the interviews, I'd appreciate it. In R1, I struggled with setting up the quantitative equations the most rather than the qualitative parts.
What was the interview process like this year?
Pretty sure it's 2 Cases, 1 Product Case, and 1 Behavioral
Per other WSO posts, management consulting case-prep books from schools like Darden and Wharton are recommended. I'm under the impression that if you've ever prepared for an MBB interview you'll be fine; it's equivalent to an MBB R1.
Hey there — good luck with the Powerday! I
thought that I totally bombed one of the cases but ended up getting an offer.
The Product Interview is pretty fun and consists of two sections. One will ask you for 10 ways to improve a household item (i.e. what are 10 ways to improve an umbrella) and explain your thinking for each. Second, you’ll have a conversation about ways to improve your favorite digital product (you can choose which app/product).
My first case was way more quantitative than I was prepared for. Be sure to be comfortable with systems of equations (which I totally forgot how to do, lol) and complicated breakevens. I’d recommend googling a bunch of practice questions re the aforementioned.
The second case was super standard and not too hard — best of luck!
Capital One over-hired in earlier rounds and are pushing back on their start dates and limiting offers from Power Days. I have a friend who mentioned the strategy associate position start was pushed to 2025 for the most recent Power Day, similar with BA.
That's so odd. If they over-hired, why did they decide to repost the job posting for BA?
Agreed, feel like this doesn’t check out. I’d assume they’d filter more ppl out in first pass or R1 filter.
I am talking specifically for FT recruiting. They can't really push back the start dates for interns maybe only reduce conversion.
Not sure that is accurate, at least for BA's. I've heard nothing internally about such a change and we just started going through the second batch of applications that came in through the posting we put back up a few weeks ago for both full-time and internship. We wouldn't have re-posted the opening if the August start date was full, February is really just supposed to be kinda small and just for people who are graduating off-cycle in winter and don't want to wait 8 months to start.
I can't comment on Strategy, not involved in their process, it might be that some people are getting Feb 2025 start date offers though if the August start date is truly full. It just doesn't sound right to me.
Makes sense. I am 100% sure that the strategy associate position is being pushed back to 2025 since I saw the email. My friend mentioned that his BA application would most likely be effected as well but can't confirm anything on that front. If you are internal in BA then you probably have a better lens then me.
Ah, we didn't repost the Strat position as I recall so that makes more sense. Intuitively I think we also have more capacity restraints for Strategy than BA. If we overhire in BA we could just ask teams to take on additional associates, and even if we doubled the existing hiring plan there would probably still be BA teams without a first or second year ADP on them. The budget for new college hires is also handled separately from the team at large so it has no real impact on team budget planning. The BA world also has a lot of people, both people leaders and senior IC's, who are able to help with the development of associates. Strategy in contrast is much smaller, so there is a more real limit to the number of associates that could be onboarded at once before it becomes more of a resource drain and negative experience for the Strat associate class as a whole. Not to say the Strat world is lacking in this regard, far from it there are some insanely talented people there, it is just smaller so there is less capacity to have meaningful manger/employee and mentor/mentee relations if they increased the class size too much & too fast. The strat world works on interesting projects, but the problem of too many cooks in the kitchen becomes reality there faster than in the BA world.
If I hear anything different on the BA front I'll update this thread.
Hey man, I just got an offer today but they said Plano is currently the only open location. Do you know how easy it would be able to move to McLean after a year or two? Feel free to PM
How easy is it to switch from the McLean office for internship to the NYC office for fulltime? Also, is it possible to switch from BA to strategy if you interview well?
McLean to Nyc is possible, but difficult. BA to strategy is also possible.
How difficult? Do they have interns in NYC for BA?
Its possible after the 1 year mark. It can either be done via the ADP program before rotation (this varies from year-to-year, availability, and business needs. Last year it was allowed, this year it wasn't.) It can also be done after the 1 year mark after you rotated, in which case it is handled by your second rotation team's lob. If you want to make it happen just highly prioritize roles on teams and in orgs with a solid NYC presence.
Would y'all happen to know if scheduling the powerday at a later time would decrease our chances of conversion to offer? Or does it not really have an impact?
I doubt it, I’m sure there’s a batch that gets reviewed at the end or alternatively there’s spots per week.
I scheduled mine, and then had to reshedule it due to an exam conflict, and it ended up being over a month later and I still got the offer
Anyone have advice for how to prep for the digital round 1? All they sent me was an excel sheet and a link.
Since you have unlimited time theres no real use preparing and I say this as someone who chronically over prepares for stuff people tell me not to (like McKinsey solve). Its gonna be a couple excel files and some critical thinking questions and very minor math stuff.
Did an R1 and a Powerday, with a month in between. 5 days after my Powerday, received an email asking to schedule a call to discuss results. Over the phone, the recruiter told me that I was not offered the spot and that no feedback was available due to confidentiality.
How do you feel your power day went?
Wait they call to reject? That seems odd
How often are powerdays? I submitted my R1 around a week ago and have been invited to meet with a Capital One Buddy and Executive. Is there a long turnaround between R1s and Power Days, or does it vary?
I got my buddy after being invited to the powerday.
When do interns get the signing/commitment bonus?
^
You'll get it in the spring
OP did you get an email to schedule a call about power day results and then get the offer on that call?
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