![]() ![]() ![]() Study group discussions may go better if you are all working from the same calculator. It’s not as widely used by CFA candidates.A side effect of its cult status among bankers is that it can cost 2-3x the price of a BA II Plus calculator. ![]() If you’re NOT used to RPN, you’ll have to endure a learning curve before you can master the HP 12C, although many of the HP 12C’s fans maintain that it’s worth it.If you’re used to RPN, we definitely recommend the HP 12C – chances are you’ll have one already!.(Perceived) prestige – this is the ‘old-school’ calculator.You can try out a web version of how the RPN works on the HP 12C to get a feel of it. In Reverse Polish notation the operators follow their operands for instance, to add 3 and 4, one would write “3 4 +” rather than “3 + 4”. However, it uses a different input convention to most modern calculators called a Reverse Polish Notation (RPN), which can be perplexing if you’re new to the concept. As a result there is a fiercely loyal group of HP 12C supporters who will always vouch for its superiority over the BA II Plus. The HP 12C has been given out to newcomers in banks for years – as a result it is the de facto standard of finance professionals. The HP 12C was first introduced in 1981 and little has changed in terms of design and functionality since. Read on for a more detailed comparison on all models! I wouldn’t call this the CFA Program version of the smartphone wars, but sometimes discussions can get a little heated on which calculator for CFA exams is ‘better’. Hewlett-Packard 12C (including the HP 12C Platinum, 12C Platinum 25th anniversary edition, 12C 30th anniversary edition, and HP 12C Prestige).Texas Instruments BA II Plus (including BA II Plus Professional), and.Only 2 calculator models (and their variations) are allowed for CFA exams: You would not be allowed to use your calculator in the exams if you don’t have the exact approved model to hand. Remember that CFA exams have a strict calculator policy. In this CFA calculator guide – which also applies to the FRM and CAIA exams by the way – we discuss the pros and cons of each model and what we think is the best calculator for CFA Level 1 and beyond. I still carry my real 12c everywhere.Įdit: Just discovered you can turn off the clicks, but that doesn't solve the problem of no feedback, and the key vibrate is too long to be functional.Not sure which CFA approved calculator to use? If you’re still on the fence about Texas Instrument’s BA II Plus vs HP 12C, you’ve come to the right place. Update this to a simple, unobtrusive click and I'll give it five stars. If I silence the phone, there is no feedback to let me know whether it registered a button press, and I'm likely to forget to turn the ringer back on when I'm done. This app is true to the original EXCEPT for the key click sound! It's loud, slightly delayed from the actual button press, and basically a highly annoying sound. It seems that HP charged an arm and a leg for this app, then abandoned it. I use this app daily in my financial business (when my hardware 12C isn't handy) and I'm worried about losing access to this (expensive) app when iOS 11 rolls out. UPDATE: I'm changing my rating to 1 star until HP updates the app to 64-bit architecture. UPDATE: I'm so glad I paid what was already marginally too much for this app, and it will become useless tomorrow. UPDATE: Updated to 64 bit, and changed Key clicks to iOS default. Props to HP for finally giving us the option to turn off those annoying clicks. Make us happy to show off that we have this app, and let us inspire others to buy it from you when they see us use it. In fact, it's HP's own app that looks like a knock off, that isn't quite the full original.Įasy fix, HP. I'm not sure they appreciate how much of a badge it is to open up that app in a meeting and start using it – there is an enormous "Wow" factor – but that effect only works when the app looks exactly like the original physical calculator. But I wish that they would provide an option in the Settings menu to view the original look of the physical calculator we've all used for the past 40 years. In fact I like to support companies who create great products, and HP created this original product. I have no problem giving my money to HP instead of a knockoff. But they disappeared from the App Store, and my assumption is that HP shut them down. There were two other knockoffs that did a terrific job which I used because they both looked exactly like the 12C physical calculator that I had and still use. The color is different, the font of the numbers is different, etc. The frustrating part so is that it does not look exactly like the one we've all used. For those of us who grew up using the 12C in business school, and later in business, this is a perfect app. ![]()
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