"good personality ... or he was known as Lt. Mandingo during his army days."作者: vagabond 时间: 2011-7-11 17:29 标题: calculator
Hi all, I am new to this site.
I am taking level 1 in June.
are you allowed to use a financial calculator on the exam作者: Jolyn 时间: 2011-7-11 17:29
Not any longer. People were hacking into their TIs and HPs, so the Institute has now banned them. You now have to do NPV and IRR calculations by hand!
Just kidding.
- Robert作者: invic 时间: 2011-7-11 17:29
Check the cfai website for approved calculator models.
Unfortunately,none of the approved models have a 2-line display which makes things a bit difficult.作者: johnnyBuz 时间: 2011-7-11 17:29
The TI over the HP for sure!作者: burnsy562000 时间: 2011-7-11 17:29
beatthecfa Wrote:
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> The TI over the HP for sure!
Fa sho.作者: agulani 时间: 2011-7-11 17:29
i liked what robert said until the 'just kidding' part.作者: Micholien 时间: 2011-7-11 17:29
True CFA holders do the calculation in their mind with no scratch paper作者: lc26mizzou 时间: 2011-7-11 17:29
I prefer the HP myself, I've used the TI extensively however, reverse polish notation (HP) is by far more efficient in calculations than standard algebraic(TI).作者: koba 时间: 2011-7-11 17:29
A had a problem with the internet connection - please delete it.
Edited 1 time(s). Last edit at Wednesday, January 20, 2010 at 04:02AM by marcpro2.作者: draz 时间: 2011-7-11 17:29
A had a problem with the internet connection - please delete it.
Edited 2 time(s). Last edit at Wednesday, January 20, 2010 at 04:02AM by marcpro2.作者: dece2011 时间: 2011-7-11 17:29
One thing to note: if you are going to use Schweser, most of the step by step instructions are for the TI.作者: Wasteoftime 时间: 2011-7-11 17:29
I'm an HP fan. RPN is a much better way to go when you have nested calculations (and there are plenty). You never have to use parenthesis as you do with a TI.
It's a thinking person's calculator -- sort of like being a CFA charterholder.
- Robert作者: trogulj 时间: 2011-7-11 17:29
gunger Wrote:
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> One thing to note: if you are going to use
> Schweser, most of the step by step instructions
> are for the TI.
Therefore I use Stalla - there are calculations for both: TI and HP ;-)
best regards,
Marcin作者: Flok 时间: 2011-7-11 17:29
You guys are playing up this Schweser thing way too much!
While it says TI BA instructions, it doesn't take a rocket scientist to realize that N, I, PV, FV, and PMT etc. buttons do the same thing on both calculators!
RPN is way better for complex problems...i've used RPN, the HP12C and Platinum for Levels 1 and 2 and would have a very hard time recommending the TI without RPN to any CFA canidate. Not because it is a bad tool, just that RPN is that much more efficient!作者: bapswarrior 时间: 2011-7-11 17:29
Depends on your personality:
- TI is for engineer-types who rule the quant-side
- HP is for investment banker-types who eat Corporate Finance for breakfast
