Candidates are allowed to bring their own CMA exam calculators in the prometric center, but there are rules that you have to follow. Let’s take a look.Leave a Comment:
29 comments
Is Casio fx-83gt plus or Casio fx-85gt plus calculators accepted in cma exam
ReplyIf it’s not on my list, you’ll need to reach out to the IMA directly to verify.
ReplyHello!
Is a normal (non-financial) calculator for part 1 is sufficient?
Hi,
I’ve just started studying for the CMA through the MEGA Test Bank. I want to confirm if the calculator that I’m using is allowed or not. It’s “Casio fx-991ES Plus Scientific Calculator, 10 + 2 (10 Mantissa + 2 Exponential) Digit, Full Dot Matrix.”
I’ve read the IMA policy but not sure if this is allowed or not.
Regards,
Abdullah
ReplyI have not taken Part 2 yet, but for Part 1, I found that I was much faster using the computer calculator that was available on the exam. It was because I was used to it, but also because I could easily copy and paste calculated values. The computer calculator had 1/x and other functions you’d find on the simple 2007 windows calculator. I also found it much easier to use than the Gleim calculator.
ReplyHi A, thanks for sharing! Agree the calculator on screen is good enough for Part 1. Not sure for Part 2 though…
ReplyHi,
I have a slight difference between Gleim’s answer & the calculator result. IT is for any calculation involving the Present value or future value
Does anyone face the same problem ?
Thanks,
ReplyHi Sultan, it is best if you check with your Gleim personal counselor. I am sure he/she faces questions similar to yours and will be able to help you out. Regards, Stephanie
ReplyHi Stephanie,
I will be taking the CMA Part 1 Exam this coming May 2016. Is calculator Casio DM-1400B allowed?
ReplyHi Lance, is this a “simple” calculator, that is, without memory and formula functions? Looks like it is, and if so you should be ok. If I were you I would double heck with IMA by sending them an email: ima@imanet.org. Regards, Stephanie
ReplyHas the CFP exam policy changed? It seems to show that the HP18bii+ and TIBAii Plus Professional are approved.
Will either of those calculators give any additional benefits for the CFP exam?
ReplySorry Jerry, this site is for CMA exam only. Please check with the CFP board directly.
ReplyHi,
I know it’s not in the list of approved calculators but is “Casio fx-991MS” allowed? it’s non-programmable.
thank you.
ReplyHi Raquel, it’s likely ok if the calculator is not programmable. How about memory? It is best to check directly with IMA. Good luck! Stephanie
ReplyHi ,
Currently I am playing to enter the CMA part 1 next May and was wondering how vital is it ( to have a financial calculator ) for part 2 and if it is vital and i will be getting one any way do you recommend to use it in part 1 and is there any benefit for it in part 1
Also I am so panning to buy the (TI BA II plus ) or do you recommend any other one , this is my first time with a financial calculator
Thanks in advance for any feed back
ReplyHi Mohammad, in Part 2, in theory you can use the tables to look up the data but I don’t think anyone does it these days. So for part 2 I would definitely get one myself. For part 1 it’s likely ok to use a normal calculator.
In terms of which one to pick, I would recommend Texas Instrument in your case because it works like the normal calculator while the HP still uses the reverse polish notion, ie you press the + – keys after the numbers. If you don’t know what I mea, it’s basically a very confusing way to use the calculator.
Also TI is more affordable. For detailed pros and cons please click on the link above. Cheers, Stephanie
ReplyFor part 1of the exam. do i really need to use a financial calculator for that exam or can i use Ti 84 plus by Texas instruments
ReplyHi D,
Technically you don’t need a financial calculator; a “normal” one for simple calculations is fine. The issue I see with Ti84 is that it has storage and operational memory. I don’t think IMA will allow this but you can double check with them.
how about a 12 digit display calculators? how many digits are alloeable?
is tax tabs not allowable?
Not too sure Rafsal. If you have an existing calculator that you want to use, it is best to double check with IMA directly. I only include the ones that IMA lists out in the handbook. Stephanie
Replyso how can i directly contact them?
through mail ID? if so please give me one
Is the ban on the BA II Plus Professional still valid ? The Canadian CMA site
shows that the Professional Version is also ok.
Could you please advise? Thanks
ReplyHi Karthik, the Canadian CMA is a different qualification from the US CMA administered by IMA. This may explain the reason, but it is possible that the rule is changed too. I’ll read the latest handbook again later to double check. Stephanie
ReplyThe IMA recently confirmed with me that the HP 10B II+ is disallowed because it automates some particular functions that the Exam Developers want to test.
ReplyThanks Michael. Yes I checked the rule and it does not mention HP 10bII “+” as an approved version. Stephanie
Reply