Can i use a calculator on the cfa level 2 exam?

They should: The CFA Institute has confirmed that two calculators work well. This tutorial is about the HP 12C for all financial applications, and this tutorial on the HP 12C is specific to the CFA exam. This is to ensure that the configuration is correct for most of the calculations required in the CFA exam curriculum. The CFA Institute does not endorse, promote, review, or guarantee the accuracy or quality of the products and services offered by Kaplan Schweser.

Regardless of which certified calculator for the CFA exam you use, repetition and extensive practice with the calculator are essential to becoming proficient enough to pass the exam. As the CFA exams are very calculating, like any other financial exam, the calculator is a device that you can count on in more ways than one. Therefore, it is recommended that you bring your own, because if you take the exam without a calculator, you will significantly reduce your chances of passing it. It's interesting that you have 2 completely different calculators and that you're well versed in both (which is amazing).).

This is also the calculator I recommend for the exam if you don't have another model of the allowed calculators yet. Choosing the best calculator for the CFA exam is a personal decision, but having the right calculator can save you a lot of time during the exam. The CFA Institute takes its calculator policy very seriously, so don't even think of using a different model than the one suggested. If you work or plan to work in the financial industry, you know that the CFA designation is the gold standard. Since you won't be able to consult the calculator manual during the exam (even if you could, you wouldn't have time), you should learn how to use the calculators beforehand.

In this case, “correct” means a calculator from the list approved by the CFA Institute that you are familiar with. Learning to use the calculator well before the exam will not only give you an advantage in time management, but it will also reduce your calculation errors by a significant margin. At level 1 of the CFA exam, the most common and complicated calculations you'll need are the NPV and IRR calculations. The applicant cannot borrow a calculator at any time during the exam, and the use or possession of an unauthorized calculator during the exam may cause the test results to be null and void.

Serena Lubahn
Serena Lubahn

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