TEXAS INSTRUMENTS TI BA II PLUS PRO | Financial Calculator CFA FRM Philippines

General Information:

• Brand New, Sealed
• 100% Original

Product Description:

The BA II Plus Professional calculator features all the great features of its predecessor while packing in even more time-saving functions to make short work of complex equations. It's an ideal choice for entry level and advanced finance, accounting, economics, investment, statistics, and other business classes. It's also a great choice to bring to the Chartered Financial Analyst (CFA) exam. Along with the standard capabilities of time-value-of-money, accrued interest, amortization, cost-sell-margin, and depreciation calculations, users can calculate more advanced business and finance related issues. It will handle net future value (NFV), modified internal rate of return (MIRR), modified duration, payback, discount payback, and more. Its rugged metal exterior, firm-touch keypad and anti-slip rubber feet make it ideal for anyone in accounting, economics, investing, statistics, and related businesses. It also comes with a black protective case. Functions include:

• Net Future Value (NFV)
• Modified Internal Rate of Return (MIRR)
• Modified Duration
• Payback
• Discount Payback
  

 Package Inclusions:

• Financial Calculator
• Manual
• Leather case

List of Certifications where TI BA II Plus Professional is required / recommended:

• Chartered Financial Analyst (CFA)
• Financial Risk Management (FRM)
• Actuaries Certification Exam
  

Customer Reviews on Texas Instruments BA II Plus Professional Financial Calculator

Gathered from different online shopping websites

Finally! This is a superb upgrade to TI's previous BA II product. I hated the previous model with a passion given the near "touchless" keypad (allowing for frustrating key entry). THIS is the calculator that I would want to use for the CFA exam (did I mention how much I HATED the previous TI BA calculator??). For those thinking of the HP12C line, I had a 12C for many years and loved it. However, after it got ruined due to a playful two year old, I bought a new one and found it cheaply made compared to the one I bought in the 80's (very disappointing) and have since abandoned using it. Interestingly, I found the following calculation example from a review of the HP 12C Platinum edition to be very interesting: "If possible, I would suggest that potential users and buyers try this data set on both the 12C and 12cP before buying. Clear register. Find [i] after input [PMT]=-1458;[FV]=0,[n]=84,[PV]=103600. The HP12C would take 20 seconds "running" while the HP12cP would take about 30 seconds to give the same answer [i]=0.4059! How long for the BA II Plus Professional? I timed it at about one second.  As calculators go, this is a mighty sweet device -- especially given the clear HP-like display viewable at all angles!! Count me as a definite TI BA II convert!" - Clark on Texas Instruments TI BA II PLUS PROFESSIONAL FINANCIAL CALCULATOR

PROS:
- Very attractive appearance.
- Nice "firm-touch" keypad.
- A couple of additional functions (compared to the BA II Plus Advanced). - Mary Anne on Texas Instruments TI BA II PLUS PROFESSIONAL FINANCIAL CALCULATOR

Have been a stalwart HP financial calculator user for over two decades...started with an HP41 in college with financial templates. I always admired HPs for the durable build, ease-of-use (once you got over the RPN hurdle) and displays. I finally needed to replace my over decade old HP 12C and the newer HPs simply do not impress me. Cheaper (as in WAY cheaper!) build...the HPs that came from Malaysia were fantastic calculators...solid keystrokes, superior grade of plastics, the whole nine yards. The newer HPs are made of a plastic that is a giant step backwards. The keys are now laughable, no 'HP Feel' to them at all.

I took all of this in and thought to myself, 'I guess everything is getting cheaper, nowadays...'. Then I ran a NPV calculation at the store and was downright shocked to see it ran slower than my old HP. The one thing I thought MIGHT save the purchase (i.e. cheaper plastic but faster processor) didn't happen. I tried all of the newer HPs...the one display model of the OLDER HP12 (the non-Platinum model and still made in Malaysia) definitely runs TVM calculations quicker. This is NOT how to impress old bankers with a new product.

Time to check out the Texas Instruments BA II Plus Professional. At first glance, to an old HP user, I thought it really LOOKED TI-ish; that is to say, very non-HP. But upon pressing a key or two, I was impressed that TI at least made an attempt at obtaining the old 'HP Feel' to their keys. Not as 'pretty' as HP's angled keys, but good tactile feedback and get this: If you'll hold up the TI BA II PP horizontally and sight down the keys, you'll see they are actually angled! Nice touch, TI.

Nicely laid out TVM section (my only reason for owning a financial calculator, thus supremely important to me) and intuitive to boot. Speed of calculation simply SMOKES current HPs...there is absolutely NO CONTEST. A complex Internal Rate of Return took two to three seconds. TI hasn't been simply sitting around and 'repackaging' anything; whatever is under the hood of this calculator is current and fast.

The rest of the calculator is nicely laid out...keys are pretty much TI convention, which to me is different. I miss a prominent ENTER key.

Likes: I like TI's 'CHAIN' calculation mode. It's similar to RPN without the ENTER keystroke. Remember this if this is your first financial calculator: Most financial calculations are run in CHAIN or RPN mode (and, sadly, no, the TI doesn't support TRUE RPN), not the Algebraic Operation System (AOS). To TI's credit, the calculator defaults to CHAIN calculation (for newbies, this just means that the calculator runs the operation AS IT IS ENTERED; NOT following Algebraic heirarchy of operations). But it is nice that TI recognizes how financial people enter calculations and, unlike other TI calculators, AOS is NOT the default entry mode.

Love the fact that the compounding rate is defaulted to 1, not 12 (HPs always default to 12). Love the fact that interest is always entered as a whole interest number (it divides it for you, automatically). Good, not great, manual. Battery access is very easy. Quality looks genuinely good, but time will be the only final arbiter on this one, but the product appears to be (in my highest compliment) equal to older HPs in every respect. - Angel on Texas Instruments TI BA II PLUS PROFESSIONAL FINANCIAL CALCULATOR

some reviewers seem to dislike the changes b/c the buttons require a firmer touch. Personally, I found the change to be great! If you have big fingers and like to key in quickly you will probably feel the same way. Additional functions are nice too. - Mario on TEXAS INSTRUMENTS TI BA II PLUS PROFESSIONAL FINANCIAL CALCULATOR

I recently purchased both an HP 12C and a TI BA II Plus Pro. I have also used the HP 12C Platinum edition. While I am well-versed in RPN and like the HP models of calculators, I think the BA II Plus Pro is fit to surpass the 12C as the new standard in financial calculators for a number of reasons.

First, the newer 12C models are no longer made in Singapore. They definitely do not feel as sturdy as the older ones. While many like the firm tactile response of the 12C keys, the BA II Plus Pro has a similar tactile response.

Second, HP failed to improve the design of the 12C Platinum by adding trigonometric functions. The BA II Plus Pro includes the trigonometric functions, and one could viably use it for a general-purpose calculator, not just a financial calculator. One improvement made in the 12C Platinum edition, while bemoaned by fans of RPN, is the choice between algebraic and RPN modes.

Finally, the BA II Plus Pro is significantly faster than the 12C and slightly faster than the 12C Platinum. While the 12C models are programmable and the BA II Plus Pro is not, if you are merely looking for a sturdy financial calculator and do not care about the 12C's programming capabilities, I would recommend considering the BA II Plus Pro. However, keep in mind that while the BA II Plus Pro has an adequate manual, the 12C manual is excellent in every respect and much more in-depth. - Peter on TEXAS INSTRUMENTS TI BA II PLUS PROFESSIONAL FINANCIAL CALCULATOR

I really like this calculator.Some Amazonians have been complaing about the pressure it takes to depress the keys. I like the firm feel of the keys plus they make a satisfying "click" when you press them. Now, what I don't like. TI replaced the hard plastic protective cover with a vinyl cover.This is an incredible pain.With my old BA II(circa 1989/1990)you slipped off the plastic cover then slid it over the back of the calculator and you were ready to go. With the new model you take it out of its vinyl pouch and, I guess,just chuck the pouch somewhere till you're done calculating. Then you go and find it and put it back over the calculator. Sounds trivial, but if you're used to that storable cover it is a major hassle.Still, it's a fine machine. - Timothy on TEXAS INSTRUMENTS TI BA II PLUS PROFESSIONAL FINANCIAL CALCULATOR

I was disgusted after spending close to a $100 for an HP since I thought they were the standard for financial calculators. Cheap build quality and keys that didn't register numbers when you pushed them?! Maybe they offer way more for the truly high-powered users, but after I returned the HP and bought this TI I couldn't be more pleased...I'm only disappointed I didn't get it when it was on sale -- At $32 with free shipping this one is a "no brainer"! - Marshall on TEXAS INSTRUMENTS TI BA II PLUS PROFESSIONAL FINANCIAL CALCULATOR

I bought this since I have an engineering background and am not used to the Postfix notation used in the HP 12C that I have also tried. I have always used Casio scientific calculators, so it is nice that it's more like a "normal" calculator, and that makes it faster to use at least for me. I haven't used any other financial calculators.

This is a nice calculator. The construction of the HP is better however, from a "key feel" standpoint, but it was also made in the early nineties. You know what they say, "they just don't make them like they used to". Even so, there's nothing wrong with the way this one is built.

I haven't used it for Bond math yet, but at least for annuities, it's easier to switch back and forth from END to BEGIN mode in the HP. So that's a minor drawback. Other financial functions seem to take the same number of keystrokes. But basic CF functions compute faster in this one, especially the IRR and the NPV functions.

Another thing that's nice in discounted cash flow calculations is that the display says what the variable is, so for example it says, "N = ..." or "I/Y = ...". Helps you keep track of your inputs when you're in a rush. - Hans on TEXAS INSTRUMENTS TI BA II PLUS PROFESSIONAL FINANCIAL CALCULATOR

By far the best financial calculator in the market. The quality, sturdiness, design, & the layout, more specifically the firm-touch keypad and the no-slide rubber feet, are excellent. No longer is it necessary to cradle it in your left hand while you punch the figures in with your right; the keys are adequately sized to allow a one-hand job and the calculator will not slide around the desk while being used. Having used some of the other brands and other TI models, I was very impressed with its calculation speed as well. So far I've noticed the NPV and IRR to take the longest and that was at approximately 1.5-2 seconds. FAST!! It comes with a fairly comprehensive booklet which came in very handy. I highly recommend going over it at least once.. shouldn't take more than half an hour and it really is very informative... There are multiple ways to input data so a quick read of the booklet will very likely increase your efficiency.

Yes there are 2 cons (minor at best). One is the battery; its those sometimes hard-to-find round disc batteries. Second is the case which is flimsy at best. ONLY thing it will protect the calculator from, if that, is minor scratches. I have no idea why they would settle on such an inferior case but they did. Overall, an excellent product! - Marion on TEXAS INSTRUMENTS TI BA II PLUS PROFESSIONAL FINANCIAL CALCULATOR

This is fabulous. Have read the prior reviews and have not experienced any of the issues mentioned by others. Key stroke entry is great, solid feel, no problem with going fast or duplicate entries. The reason I say to stay away from the HP 12C is that you do not know when you need the maual, and you DO need the manual to do basic calculations, even small variations of the same calculation. For example, if you calculate a very basic loan payment with a term of 48 months, 5% monthly interest and $20,000 principal value on this TI and the HP 12C, you will get the same answer. However, if you change the term to 48.5 months, you get a different answer on the TI than the HP 12C. The TI answer is correct, but the HP 12C answer is not. In order to get the right answer on the HP 12C, you need to read the manual in order to input a term with a decimal place in it like 48.5 months. In other words, on the HP 12C, you do not input a term with a decimal place the same way you input a term without a decimal place. The underlying problem is that you just don't know when you need the manual for the HP12C and when you don't. It's always a safe bet to use the TI, and that is why it is allowed on so many professional exams. Not sure if other HPs have similar problems but I would not want to chance it on an exam. - Jesse on TEXAS INSTRUMENTS TI BA II PLUS PROFESSIONAL FINANCIAL CALCULATOR