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Vault Message Board: Capital One Financial Corporation

Topic Name: Marketing & Analysis Group BA position
Message Name: Doesn't mean much
Date Posted: 03/14/2006
In Reply To: My CapOne recruiter says that I scored extremely well on the math test (apparently the test is pass/fail but they can find out how many correct answers were given), and that I have a very strong background (math major from umich, master's in gov. from an ivy) for the position. He asked what I'm making now (55k) and said they'd beat it, plus give me a nice bonus. This is BEFORE the on-site interview, which will be held next week. He said this 3-4 hr interview will be the last thing I need to do ??before I get an offer.?? 1) How close to an offer do you think I am? I'm currently with my first employer after college, a defense company in MA. I??ve been working here since July. I know that top MBA programs want to see their applicants have a ??plan?? when switching jobs ?? not just move arbitrarily to the highest-paying bidder. What I really want to do is consulting in the government practice of a firm like Booze or Deloitte. 2) Would it be better for me to take this job or switch to another job within Raytheon (as I can??t STAND my current position), and keep applying for consulting gigs? 3) Does anyone have any information about the Business Analyst position at the Marketing & Analysis group? There is very little info on the website. Thanks so much??
Message: If anything, a recruiter will oversell you on C1. NOTHING is set in stone this early in the game, and it's ultimately up to the hiring manager. You aren't any closer to an offer except for passing the math test. If you mess up your Power Day interviews, well, you get the idea. You should expect something a bit better than your current salary, but not dramatically by any means. You have very little job experience (though with a Masters degree), so "expect" about 60-65k plus ~5k signing bonus. As has been noted many times on this board, opportunities to negotiate are limited. Personally, I would go the consulting route if I thought I had that chance. Generally speaking, you'll need to build your work experience one way or another, and why not do it in a role you enjoy more? Be wary if a role seems too narrowly focused or does not have a logical progression opportunity - though these can still be helpful to build your initial industry/job skills expertise. Just something to think about, I suppose. As far as a BA role (M&A side), one of the reasons for the lack of information is that roles can vary dramatically, based on the role itself, the group, and the department you are in. Some are narrowly focused, some serve primarily customers within their own groups, and some reach broadly over several departments or disciplines. A couple of examples: -finance FA (interact with lines of business; could be very individualized or have large group components) -account acquisition or customer management BA (present in several lines of business; using data from other groups to aid your decision planning, coming up with new ideas, dealing with credit policy, managing data and working on ways to improve sales, response rates, consumer spending, etc etc) Apologies for the rambling.

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