3 questions reported in Shell interviews, organised by the group that asks them. Every question carries a model answer and graded feedback on your own attempt.
Questions
3
Easy · Medium
1 · 1
Hard
1
Model builds
0
Built in the spreadsheet grid
Treasury & Capital Markets
Capital structure, covenant headroom, FX and interest rate hedging. 1 question
Cash Pooling and Notional Pooling
Easy
Tests whether a candidate understands how multinational treasury teams make fragmented cash usable.
What is cash pooling? Explain the difference between physical sweeping and notional pooling, and when each can fail.
Project selection, returning capital and measuring per-share value. 1 question
NPV vs. IRR for Project Selection
Medium
Foundational capital budgeting question across corporate finance interviews.
Two mutually exclusive projects: Project A has an NPV of $10m and an IRR of 15%. Project B has an NPV of $8m and an IRR of 25%. Which do you choose, and why do the two metrics disagree?
Carry, curve shape, storage economics and policy sensitivity. 1 question
Trade an Oil Calendar Spread With a Physical Thesis
Hard
A commodities trading interview on translating inventory evidence into a risk-managed futures-spread view.
Crude inventories at Cushing are falling, prompt physical differentials are strengthening, and the front-month WTI contract moves into backwardation. A colleague says to buy the…