I applied through college or university. The process took 1 week. I interviewed at Capital One in Feb 2011
Interview
This was the first round case interview. Spent a few minutes discussing the position/my qualifications then got straight into the case.
Much more numbers based rather than strategy. Question was Subway owner adopting $5 foot long promotion. Needed to use weighted average. Huge plus is they'll let you use a calculator. Although the math was simple and straight forward, it definitely helps if you get nervous.
Got a second round in a few weeks.