![]() ![]() $60-100: HP 12C, HP 17bII, TI BAII Plus Professional, TI 83 Plus, TI 84 Plus CE.You have two main financial calculator budget ranges: It’s like that for these financial needs you will be using spreadsheets though, so you may still be fine with the cheaper calculators. Both of these calculators are less than $35 and will have all of the functionality you need to make calculations in your course.įor undergraduate finance majors, finance professionals and MBA students, you might want to look for a higher-end model calculator which has the features these are missing. Maybe you’re even one of our students here at Study Finance!įor these types of course, the best calculator for you would be either the HP 10bII+ or the TI BAII Plus. Why do you need the financial calculator?Ĭhances are that you are a student taking some form of introductory financial management course. If you’re in a rush and just want to skip ahead to the list of calculators, click here. Let’s break these down and cover each consideration. Do you need graphing or scientific functionality?.Which financial certification exams will you be taking (CFA, CFP, CPA, SOA, Series 7 etc)?.Here are a few considerations which will determine the best calculator for you: For example, if you’re taking the CFA exam, then the only allowed calculators are the HP12C and the BAII Plus. So, all that said, the best financial calculator for 99% of people studying finance, accounting, MBA, etc would be one of the following three: Nameīefore you run off and purchase a financial calculator, you need to think about exactly what you’ll be using it for. If you are an experienced financial professional and you need more advanced functionality like RPN data entry, then this article is probably not for you (although the HP 12C does provide that functionality, along with the HP 17bII). If you are a student, you’re either taking an introductory course–in which case you choose the cheapest calculator (the HP 10bII+)–or you’re studying for more advanced financial qualifications like the CFA or CFP–in which case you go with either the 12C or the TI BAII Plus. I think this is overkill because fundamentally they all do pretty much the same thing. I’ve seen many websites reviewing the calculators and going through a detailed pro’s and con’s list for each. There are lots of financial calculators to choose from and throughout this article, I’ll mention a number of different choices. Top 3 Financial Calculators (for most people) ![]()
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