FORESIGHT(2018): Summer Internship Capital One| Harsh Raj

Student Welfare Group, IIT Kharagpur Follow

Listen Share Capital One Financial Corporation is a bank holding company specializing in credit cards, auto loans, banking and savings products. In India, they have their datalabs focused on making analytical products and helping the business. With the aim of “changing banking for good”, datalabs look forward to make customer-friendly product. The first stage of the selection procedure for analyst profile will be a test comprising usually of 30 questions within 35 minutes. The question will be from data interpretation, logical reasoning and Quant. The key for the test is speed and accuracy as they would be negative marking.The second stage will be a series of case interviews where your problem-solving skills will be tested. It is mandatory not to make any calculation mistake in this round. For the written test, practice of any CAT material will help. For the case interview, ‘Case in Point’ book can be referred. Sample case interview for capital one can be found on youtube and is quite helpful. The project was aimed at exploring various pricing techniques for different types of options available in their portfolio and their python implementation. The culture is quite unique. No one has a personal cabin. You may find yourself sitting beside senior managers or director and working, interacting and discussing various things. People working there are quite amazing and energetic, you won’t even know when you get involved in discussion with them and topics will vary from finance, analytics, football, party, world politics, places to visit and whatnot. Mentors and buddies are allotted to interns who will help them with everything throughout the internship duration. Anyone with a good analytical mind and having problem-solving skills can apply for this company. Try to avoid negative marking in the test and in the interview, try to interact with interviewer as much as possible and avoid calculation mistake.Overall, be confident, have a belief in yourself. Don’t get disheartened, even if you get rejected in a few companies. It’s not the result but the learning process during preparation, that matters.