CFA Calculator: Approved Models, Functions and How to Use Them
If you are preparing for the CFA exam, one thing you should not ignore is your calculator. CFA Calculator searches always go up closer to exam time because many students realise too late that this small tool can actually affect their score. It is not just about knowing concepts. A lot of mistakes in the exam come from calculator setup or wrong inputs, not from lack of understanding. Getting comfortable with your calculator early can save you marks and time. A CFA calculator is a financial calculator approved by the CFA Institute. It helps you solve problems like time value of money, bond pricing, and cash flow analysis much faster than a regular calculator. You are only allowed to use specific models in the exam, and the rules are strict. This means you cannot just walk in with any calculator you like. There are only two approved options. The Texas Instruments BA II Plus and the Hewlett Packard 12C. Most students in India prefer the BA II Plus because it works like a ...