Key Insights:
- Financial Services Focus: Capco specializes in banking, capital markets, insurance, and payments transformation, blending consulting and technology expertise.
- Structured Career Path: Capco offers competitive salaries, clear promotion tracks, strong internships, and meaningful exit opportunities in financial services.
- Rigorous Interview Process: Candidates face behavioral and financial services focused case interviews that test structured thinking and client readiness.
Capco is a global management and technology consulting firm focused on the financial services industry. Capco consulting helps major banks, capital markets firms, insurers, and payments businesses with transformation projects, technology implementation, regulatory change, and operational strategy. Capco brings deep industry expertise into projects that span digital strategy, data solutions, risk management, and core banking modernization. Professionals and students drawn to Capco value industry specialization and the opportunity to work on complex challenges for some of the world’s largest financial institutions.
Firm Key Stats
Firm Website: https://capco.com/
Firm Headquarters: London, United Kingdom
Firm Number of Employees: ~7,000+ globally
Firm Number of Locations: 33 offices across the Americas, Europe, and APAC
Firm Chief Executive: Lance Levy
Firm Revenue: Not publicly disclosed separately from parent company Wipro, which reports over $10 billion in annual revenue
Capco operates as a subsidiary of Wipro, giving it the backing of a major global technology services firm while retaining a specialized consulting focus.
Capco Careers
Capco careers center around consulting engagements in financial services transformation and technology integration. Employees often work directly with senior client stakeholders on projects that involve digital modernization, core system change, regulatory programs, and data strategy. Capco places emphasis on collaboration, problem solving, and real client impact. Benefits for employees include competitive compensation, structured development programs, mentorship, and opportunities to rotate across financial services practices. Capco careers can be a strong stepping stone for professionals who want to build deep sector knowledge, and top performers may later transition into strategy roles or corporate leadership at financial institutions. Relative to broader management consulting firms, Capco careers offer industry specialization rather than generalist strategy experience.
Capco Internship
Capco internship opportunities are available in many of the firm’s global offices, typically during the summer months. These internships are most commonly offered to undergraduate students and early MBA candidates with interests in financial services and consulting. Interns at Capco work on real client teams, contribute to analysis, help build client deliverables, and gain exposure to structured consulting work. Application windows often open in the fall for summer placements. Capco recruits at target schools with strong finance, economics, and technology programs, and internships are competitive. To improve chances for a Capco internship, candidates should prepare for resume screening, networking events, and behavioral interviews that assess consulting fit and industry interest.
Capco Jobs
Capco jobs span consulting, technology, data, and risk advisory roles. Common open roles at Capco include:
- Business Analyst
- Consultant
- Senior Consultant
- Data Analyst
- Technology Consultant
- Risk and Compliance Specialist
- Project Manager
For current Capco jobs, candidates should visit the firm’s careers portal or explore the Management Consulted Job Board for broader consulting opportunities across multiple firms.
Practice Areas
Capco practice areas align with the firm’s specialization in financial services. These include:
- Digital and Customer Strategy
- Core Banking and Technology Transformation
- Data and Analytics Solutions
- Risk, Regulatory, and Compliance Consulting
- Payments and Treasury Modernization
- Capital Markets and Trading Systems
These Capco practice areas combine traditional consulting skills with deep industry and technical expertise.
Industries
Capco industries are focused within financial services. The firm primarily serves:
- Retail, Corporate, and Investment Banking
- Capital Markets and Securities
- Wealth and Asset Management
- Insurance
- Payments, Fintech, and Processing Platforms
Capco’s industry concentration allows consultants to build specialized knowledge that is directly relevant to financial services transformation.
Capco Locations
Capco locations span the Americas, Europe, and Asia Pacific. Popular hubs include:
- New York
- London
- Frankfurt
- Chicago
- Toronto
- Hong Kong
- Singapore
- Sydney
These Capco locations are major financial centers, offering consultants access to global clients and cross border teams. For the full list of Capco office locations, visit their website here.
Career Path
The Capco career path typically follows a consulting progression with defined levels. Entry level hires often begin as Analysts or Consultants, with promotions to Senior Consultant, Manager, Principal, and Partner level roles based on performance. Promotion timelines vary, but high performers may see advancement every two to three years. Capco does not enforce an up or out policy as strictly as some strategy firms, though advancement is contingent on consistent impact, client leadership, and technical capability development.
Exit Opportunities
Capco exit opportunities are strong within the financial services sector. Common exit paths include roles in:
- Bank strategy and transformation teams
- Fintech product and operations leadership
- Risk, compliance, and regulatory advisory functions
- Data and analytics leadership in financial firms
Capco exit opportunities are often attractive for professionals who want to remain in the financial services ecosystem rather than pivot to unrelated industries.
Alumni
Capco alumni have moved into senior roles across consulting, banking, fintech, and technology. Examples include:
- Andrew Tarver – Executive in financial services consulting leadership
- David Leppan – Fintech founder and technology advisor
- Anis Ahmed – Strategic leader in banking transformation
These Capco alumni reflect the firm’s ability to develop seasoned professionals with cross functional experience.
Target Schools
Capco target schools vary by geography and program. In the United States, Capco recruits at universities with top business and quantitative programs. Internationally, target schools include leading technical and finance oriented institutions. Students interested in Capco target schools should focus on strong academic performance, internships in consulting or financial services, and consulting club or case team experience.
Diversity Programs
Capco diversity programs support inclusive hiring for undergraduate and postgraduate candidates. The firm promotes diversity through employee resource groups, recruiting initiatives for underrepresented talent, and inclusive mentorship programs. Capco diversity programs aim to improve representation across gender, ethnicity, and background in a traditionally homogeneous industry.
Capco Culture
Capco culture is often described by employees as energetic, collaborative, and innovation focused. Consultants are encouraged to bring ideas, contribute to client strategy, and collaborate across teams. Capco culture emphasizes learning, supportive mentorship, and a balance between technical expertise and strategic thinking.
Capco History
Capco history begins in 1998 in London, where the firm was founded with a focus on financial services consulting. Over the next two decades, Capco expanded its global footprint, adding offices in Europe, the Americas, and Asia Pacific. In 2021 Wipro acquired Capco, integrating its consulting capabilities with Wipro’s technology services while preserving Capco’s identity in financial services transformation.
Capco Interview
The Capco interview typically assesses problem solving, communication, and industry understanding. Capco interview formats include behavioral questions and case style scenarios that may be tailored to banking, payments, or risk contexts rather than abstract strategy cases.
Example Capco interview questions might ask candidates to analyze client problems, propose structured recommendations, or explain how they would approach process improvements in financial services. Candidates should also be prepared to discuss teamwork, client interactions, and their motivation for consulting.
Capco Interview Process
The Capco interview process often begins with a recruiter screen, followed by multiple interviews with consultants and managers. These interviews combine behavioral discussions with case problems relevant to financial services work. Some regions may include a testing component for analytical or quantitative skills. Final interviews typically focus on fit, consulting problem solving, and readiness to contribute to client engagements.
Capco Salaries
Capco salaries are competitive within financial services consulting, though typically below MBB firms at comparable levels. Compensation varies by geography, performance, and role. Based on Management Consulted compensation data and industry benchmarks, here is a breakdown of representative U.S. figures:
Undergraduate / Master’s Consultant Salary
- Base: $75,000
- Total Cash: up to $75,000
- Signing Bonus: $10,000
- PTO Vacation: 17 days
Incoming MBA / PhD Consultant Salary
- Base: $145,000
- Performance Bonus: up to $30,000
- Total Cash: up to $175,000
- Signing Bonus: up to $25,000
- PTO Vacation: 22 days
- Retirement: 3 percent match
Compared to MBB firms, Capco salary packages are strong but generally lower in total cash compensation at the MBA level. However, Capco remains competitive with many financial services boutiques and Big Four advisory roles.
If you want to compare Capco salary figures across levels and against hundreds of other firms, see the current Consulting Salaries Report on Management Consulted.
FAQs
Capco is a global management and technology consulting firm that specializes in financial services. It helps banks, insurers, capital markets firms, and fintech companies execute digital transformation, regulatory, and operational change initiatives.
Capco advises financial institutions on strategy, technology transformation, risk, and regulatory change. The firm helps banks, insurers, and fintech companies modernize systems, improve operations, and drive digital innovation.
2021
Work for Capco if you want deep exposure to financial services transformation and meaningful responsibility early in your career. The firm offers competitive compensation, strong client access, and the chance to build specialized expertise in banking and fintech.
Capco salaries depend on region and role. See our "Capco Salaries" section above for more information.
Conclusion
Capco offers a compelling option for students and professionals seeking consulting careers with a focus on financial services transformation. Capco’s industry specialization, collaborative culture, global locations, and structured development make it an attractive firm for those who want to work at the intersection of finance and technology. With its history of growth and integration into the Wipro organization, Capco continues to build opportunities for consultants to develop deep expertise and strong professional credentials.