Do I have to buy a designated calculator to take the HKSI LE securities exam? Can I use my HKCEE/DSE calculator?

June 2, 2021

Within the HKSI LE exam, certain parts of the exam allow you to use your HKCEE/DSE calculator; whereas in some circumstances, bringing a calculator is mandatory. 

 

Some students may ask, whether an HKEAA Approved calculator be used in the HKSI LE exam? The answer is yes, but it will be somehow inconvenient.  Some people might already have a lot of calculators at home, and they don’t want to waste money to buy a new calculator, which will lead them to struggle with whether they should buy one.

 

Firstly, let’s talk about the calculator that could be brought for the HKSI LE exam.

The variety of calculator models that could be used in the HKSI LE exams are countless. A list HKSI certified calculator models is provided below, interested students please feel free to visit the web site below: https://www.hksi.org/media/1274/list-of-approved-calculators-for-the-cpwp-module-1-examinationdownload.pdf

 

Recommend to Use a Financial Calculator 

 

Here I will first introduce the most recommended calculator to you.

The following calculator can be used when taking the CPA and CFA exams: Texas Instruments (TI) BA II Plus/ Texas Instruments (TI) BA II Plus Professional

Where can I buy the calculator: 

https://2cexam.com/zh-hant/tibaiicalculator/?fbclid=IwAR3ocsrrMTvKLJOCETSbMaDU71RuiHEBZZSpQT6kUy4MulFJpyy0ipB7JD0

 

The advantage of this calculator is that there are already some formulas that can be used to calculate some complex topics, such as bond prices, yields, standard deviations, and variances.

For some examination papers, such as HKSI LE paper 7, we have taken some videos that teach students how to use these two calculator to calculate certain concepts, and shared them on major public video sharing platforms, such as Youtube, Bilibili, iQiyi, Tencent, etc.. (The instructional videos are only provided in Cantonese.)

 

Financial Calculator (TI BA II) calculates the price of interest-bearing bonds (Price) [Not Past Paper, Not Pass Paper, Not actual exam Questions, Not Intensive Reading, Not Downloadable].VID062https://www.youtube.com/watch?v=cchNKw0nBWQ
The financial calculator (TI BA II) calculates the yield of interest-bearing bonds (Yield) [Not Past Paper, Not Pass Paper, Not actual exam  Questions, Not Intensive Reading, Not Downloadable].VID063https://www.youtube.com/watch?v=dO4AjIaXTBE
The financial calculator (TI BA II) calculates the yield of interest-bearing bonds (Yield) (calculator operation ONLY) [Not Past Paper, Not Pass Paper, Not actual exam Questions, Not Intensive Reading, Not Downloadable].VID064https://www.youtube.com/watch?v=Mvj35MiWaUU
Financial computer (TI BA II) calculates the bond price of interest-bearing bonds (Computer operation ONLY) [Not Past Paper, Not Pass Paper, Not actual exam Questions, Not Intensive Reading, not downloadable].VID065https://www.youtube.com/watch?v=eimfF06_9z8
HKSI Paper 7-Chapter 5-The Licensing Examination for Securities and Futures Intermediaries Papers (7)-Forward Exchange Rate and Forward Interest Difference Exchange Point [Not Past Paper, Not Pass Paper, Not actual exam Questions, Not Intensive Reading Not Downloadable].VID066https://www.youtube.com/watch?v=rLXyeHGCs0U
HKSI Paper 7-Chapter 5-Licensing Examination for Securities and Futures Intermediaries Papers (7)-Cross Exchange Rate [Not Past Paper, Not Pass Paper, Not actual exam Questions, Not Intensive Reading, Not Downloadable].VID067https://www.youtube.com/watch?v=KXHI4lRlN4E

 

The price is about $200-400. In addition to Hong Kong, it is also available on overseas online shopping platforms such as Amazon.

 

After using this calculator, our review is that the calculator has many buttons, hence candidates must familiarise themselves with the how to utilise the formulas before heading to partake in the exam. Another disadvantage is that it can’t display the entire calculation steps, so if the candidate makes a mistake when inputting the calculation, there is no way to realise what is wrong. But when using it with care this calculator is more convenient than CE or DSE calculators.

 

Is the calculator designated for the DSE / HKCEE usable?

 

Next, I will introduce the special calculator for the HKCEE/DSE, which many Hongkongers will have one at home.

Casio fx-3650p、fx-3650p II、fx-50fh、fx-50fh II

The advantage of this calculator is that you can review the instructions, formulas you just entered, or the answers you just calculated, so it is less likely to make calculation errors due to incorrect input. As for disadvantages, this calculator is not specifically designed to calculate complicated topics such as bond prices, yields, standard deviations, and variances. 

 

Which calculator is better?

 

Candidates are allowed to bring more than one calculator to the exam. We recommend that you buy the financial calculator. If you have the Casio calculator, we suggest you bring it to the exam to revise your answers. You can use both in the examination room at the same time after removing the cover of the calculators.

 

How can we help?

2CExam provides HKSI LE, IIQE, EAQE and SQE related exam preparation materials. We sell mock question banks for IIQE Papers 1, 2, 3, 5 and MPFE in Chinese and English; and bibles for IIQE Papers 1, 2, 3, MPFE in Chinese. We also offer 1 on 1 tutorial services. Besides, we have also made free tutorial videos for IIQE Papers 1, 2, 3 and MPFE and posted on public channels such as Youtube/ Bilibili/ Tencent/ Iqiyi. 2CExam has been an exam training expert for years. Should you need any help please visit www.2cexam.com or contact us through:

Phone +852 2110 9644 Email: [email protected] Wechat: hk2cexam WhatsApp: +852 9347 2064

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