Capital One Financial Corporation

MBA Product Intern - Summer 2027

Consumer Technology
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Currently pursuing a 2-year MBA expected by August 2028 or earlier
  • Continuing in the same MBA course of study post-internship
  • Bachelor's or Master's in a quantitative field or Business/Marketing
  • OR a Bachelor's degree with 3 years of Product Management experience
  • Preferred: 2+ years leveraging data for strategic decisions, influencing stakeholders, and leading teams
  • Preferred: 4+ years in Tech, Data Science, Consulting, Strategy, or Financial Services
  • Demonstrated interest in product management and software delivery.

Responsibilities

  • Own product strategy and life cycle, aligning with business goals
  • Develop hypotheses and analytical frameworks for problem-solving
  • Manage sprint teams to deliver and improve products
  • Utilize data analysis and user feedback to drive results
  • Collaborate cross-functionally to shape long-term business strategy
  • Rally diverse teams towards common goals in a collaborative environment

Benefits

  • Comprehensive health benefits
  • Financial wellness programs
  • Inclusive workplace culture
  • Opportunities for professional development
  • Networking with senior leadership and peers
Full Job Description
MBA Product Intern - Summer 2027

Key Role Details
  • This is a full-time paid internship program spanning ten weeks from June through August 2027.
  • Participation in the internship requires that you are located in the continental United States with in-person attendance at your assigned location, in accordance with Capital One's hybrid working model, for the duration of the program.
  • Interns will be evaluated for a full-time position within our MBA Development Program, with a start date approximately one year following the completion of the internship.


At this time, Capital One will not sponsor a new applicant for employment authorization, or offer any immigration related support for this position (e.g. H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, E-3, and O-1, or any other forms of work authorization that require immigration support from an employer).

Basic Qualifications
  • Currently pursuing a 2-year MBA with an expectation that your degree will be obtained by August 2028 or earlier
  • Must be continuing in the same course of study of your MBA following completion of the internship
  • Currently has:
    • A Bachelor's Degree or Master's Degree in a quantitative field (Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science, Computer Engineering, Software Engineering, Mechanical Engineering, Information Systems or a related quantitative field), Business or Marketing

OR
  • A Bachelor's degree in any field and 3 years of Product Management experience


Preferred Qualifications
  • At least 2 years of experience leveraging data and customer insights to make strategic business decisions, influencing stakeholders to adopt proposed strategies, translating business strategy into roadmaps, and leading high functioning teams through execution
  • MBA joint degrees with technical Master's programs (e.g., MS/MBA)
  • 4+ years professional experience in Tech, Data Science, Consulting, Strategy, or Financial Services
  • Demonstrated interest and experience in product management, software delivery, data science, software engineering, or leveraging software to solve customer and business problems


MBA Product Internship - 2027

Product Manager MBA Interns at Capital One help build products that empower millions of customers to achieve financial success and thousands of employees to serve our customers. Our PMs are human-centered, business-focused, technology-driven leaders. They are at the forefront of Capital One's mandate to bring cutting-edge technology to the challenges of financial services. They are strong collaborators and communicators, comfortable working on cross-functional teams and creating a culture of radical transparency across stakeholders.

Product management roles at our company are as diverse as our business itself. We have teams dedicated to core products like credit cards, rewards, travel, and mobile payments, alongside critical functions like fraud detection, financial inclusion, and network growth. We also build robust platforms powering data and machine learning, marketing, and customer service tools. Our MBA intern roles aim to give first-time and experienced PMs the chance to learn new skills and disciplines, the exposure to solve real and impactful business and customer problems at massive scale, and the opportunity to develop as a well-rounded cross-functional business leader.

If you're interested in a long-term career at Capital One, this internship could be a great way to begin your career journey! As part of the intern experience, you will spend 10 weeks at Capital One and have a chance to:
  • Join a specific team for the duration of your internship to experience what day-to-day life at Capital One looks like
  • Work on delivering real, impactful projects as part of your team
  • Hear from senior leadership and learn about Capital One overall
  • Cultivate relationships with fellow interns and with associates across the company


Specific responsibilities may include, but are not limited to -
  • Product strategy: Own success and life cycle of features for a product and/or platform, setting its strategy in line with overall business goals and driving prioritization decisions toward improvements. Translate business strategy into products; solve the right problems by deeply understanding our business, developing customer empathy, and integrating multiple streams of data
  • Hypothesis-driven problem solving: Develop hypotheses and set up your own analytical frameworks to test for the best solutions. Scope operational feasibility, lead implementation efforts and monitor the success of new initiatives
  • Leadership: Manage sprint team to ship, scale, and improve products that delight our customers and position company for substantial growth
  • Results: Test and learn your way to something new while taking into account business strategy, market analysis, user feedback, analytics, and technology best practices. Take action, get around roadblocks, and stay focused on goals. Well-organized and able to juggle multiple deliverables while always utilizing data analysis, technology, and human-centered design to keep the customer goal in mind. Actively manage a backlog, make trade-off decisions, and clear impediments for your team
  • Cross-functional collaboration: Work with experts to craft and drive long-term business strategy. Prepared to learn from a network of developers, designers, analysts, data scientists, customers, and other subject-matter experts and leverage them to build cutting-edge products
  • Partnership: Manage work in an energetic and collaborative team environment by rallying disparate groups with different motivations to pursue a common goal, putting others ahead of yourself to help get the best results


Key skills include, but are not limited to -
  • Innovative, comfortable with ambiguity: Displays entrepreneurial spirit with an aptitude and interest in learning to build new products and platforms with tech solutions. Able to handle undefined complex problems, and prepared to analyze a problem from all angles
  • Human-centered, customer-focused, and curious: Eager to connect with customers, both internal and external, to deliver products that will have meaningful impact. Ready to ask, explore, and voice unique perspectives or crazy ideas. Fueled by a hunger to learn, and constantly seeking new challenges. Ability to dive into the details of products and understand how they work at an atomic level
  • Strong business judgment, leadership, and integrity: A tenacious decision-maker bringing a healthy and aggressive, yet responsible, approach to business
  • Great communicator and influencer: Ability to keep stakeholders in the loop and communicate complex ideas clearly to make sure co-workers understand the "why" behind their work and their key priorities. Able to build a culture of radical transparency


The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Chicago, IL: $169,000 - $169,000 for Post-Grad Intern, Product Management

McLean, VA: $186,000 - $186,000 for Post-Grad Intern, Product Management

New York, NY: $203,000 - $203,000 for Post-Grad Intern, Product Management

Richmond, VA: $169,000 - $169,000 for Post-Grad Intern, Product Management

Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.

No agencies please.

About Capital One Financial Corporation

Chevy Chase Bank is the greater Washington region's largest locally-owned banking institution providing a complete array of financial products and services to consumers and businesses in Maryland, Virginia, and the District of Columbia. The Bank, which is headquartered in Bethesda, Maryland, has approximately 250 branches and over 1,000 ATMs, more than anyone else in the greater Washington market. Chevy Chase Bank currently has over $16 billion in assets and services over 1 million customers. For more information about Chevy Chase Bank, please visit chevychasebank.com.

Capital One Financial Corporation Careers

Join the vibrant team at Capital One Financial Corporation, a leader in the financial services industry, where innovation meets purpose-driven leadership. As one of the most forward-thinking companies in banking, Capital One is the perfect place to jumpstart or advance your career with a myriad of job opportunities in various fields.

Work You’ll Do

At Capital One, we are committed to excellence and setting our team members up for success. By joining our dynamic team, you will engage in meaningful work that makes a real difference. From developing cutting-edge technology to crafting personalized financial solutions, every position at Capital One is geared towards redefining the future of banking.

Innovate and Lead

Capital One is not just a company; it's a hub of innovation and leadership. We empower our professionals to lead with their ideas and see them come to life. Our culture thrives on diversity and the unique perspectives each team member brings. Here, your skills in networking, problem-solving, and leadership will not only be valued but also nurtured through professional development and diversity training.

Grow Your Career

Capital One is deeply invested in the growth and development of its employees. With robust training programs, mentorship, and resources for professional enhancement, we ensure that your career trajectory aligns with your personal and professional goals. Whether it’s rising through the ranks or switching tracks via internal job opportunities, your growth is our priority.

Internship and Employment Opportunities

For those starting their journey, Capital One offers enriching internship programs that provide a glimpse into the culture and work ethic that drives our success. Interns gain hands-on experience, valuable insights, and the opportunity to network with leaders across the company. For seasoned professionals, we offer positions that challenge your expertise while encouraging balance and innovation.

Benefits and Culture

Choosing to work at Capital One means opting for a lifestyle where your well-being is prioritized. Our benefits package is designed to support you both at work and in your personal life, encompassing health, finance, and family. The inclusive culture at Capital One ensures that everyone, regardless of background, has the opportunity to thrive.

Join Our Team

Explore the various career paths available at Capital One and discover how your skills and passions can align with our mission. We are continuously hiring across multiple disciplines, eager to welcome curious, creative, and driven individuals to our team.

Stay Connected

Keep up to date with the latest in career opportunities and company news by joining our network. Tailor your job alerts to match your career preferences and get insider tips that can transform your application process, from crafting your resume to acing your interview.

Search Capital One Jobs

Ready to take the next step in your career? Search open positions that match your skills and interests. At Capital One, your next job opportunity could be the gateway to a fulfilling and prosperous career.

Read Careers Blog

Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Capital One Financial Corporation is not just a company—it's a place where you can make an impact. Discover the opportunities waiting for you in a career at Capital One. Join us and shape the future of banking with your vision, skills, and enthusiasm.
Learn more about Capital One Financial Corporation
Size
51,500 employees
Market Cap
$34.1 billion
Industry
Net Income
$2.7 billion
Founded
1994
5 Year Trend
+2.4%
NASDAQ

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