Texas Instruments Business Analyst
Encyclopedia
The Texas Instruments
Business Analyst series is a product line of financial calculator
s introduced in 1976. BA calculators provide time value of money
functions and are widely used in accounting and other financial applications. Though originally designed specifically for financial use, current models also include basic scientific calculator
and statistics
functions. The BA series competes directly with other mid- to high-end financial calculators, particularly the HP-12C and other models from TI competitor Hewlett-Packard
.
The flagship calculator in the line has been known as the BA-II since 1978, when the first LCD
model was released; however, other models have always been available. The BA Real Estate provided functions optimized for real estate agent
s and property investors, while the BA-20 Profit Manager provided some of the more commonly used accounting functions in a desktop package for sales use. In addition, some early versions of the Business Analyst line were available in custom versions for various companies.
The current lineup (January 2008) includes three models: the BA-II PLUS targeted at students, the BA-II Plus Professional for professional use, and the latest incarnation of the 20+-year-old BA-20. The BA-II models are widely used on accounting certification exams as well as being one of the two permitted calculators on the Chartered Financial Analyst
exam and Society of Actuaries
and have essentially replaced the lower-end, special purpose designs, all of which had been phased out by 2000.
Features:
Texas Instruments
Texas Instruments Inc. , widely known as TI, is an American company based in Dallas, Texas, United States, which develops and commercializes semiconductor and computer technology...
Business Analyst series is a product line of financial calculator
Calculator
An electronic calculator is a small, portable, usually inexpensive electronic device used to perform the basic operations of arithmetic. Modern calculators are more portable than most computers, though most PDAs are comparable in size to handheld calculators.The first solid-state electronic...
s introduced in 1976. BA calculators provide time value of money
Time value of money
The time value of money is the value of money figuring in a given amount of interest earned over a given amount of time. The time value of money is the central concept in finance theory....
functions and are widely used in accounting and other financial applications. Though originally designed specifically for financial use, current models also include basic scientific calculator
Scientific calculator
A scientific calculator is a type of electronic calculator, usually but not always handheld, designed to calculate problems in science, engineering, and mathematics...
and statistics
Statistics
Statistics is the study of the collection, organization, analysis, and interpretation of data. It deals with all aspects of this, including the planning of data collection in terms of the design of surveys and experiments....
functions. The BA series competes directly with other mid- to high-end financial calculators, particularly the HP-12C and other models from TI competitor Hewlett-Packard
Hewlett-Packard
Hewlett-Packard Company or HP is an American multinational information technology corporation headquartered in Palo Alto, California, USA that provides products, technologies, softwares, solutions and services to consumers, small- and medium-sized businesses and large enterprises, including...
.
The flagship calculator in the line has been known as the BA-II since 1978, when the first LCD
Liquid crystal display
A liquid crystal display is a flat panel display, electronic visual display, or video display that uses the light modulating properties of liquid crystals . LCs do not emit light directly....
model was released; however, other models have always been available. The BA Real Estate provided functions optimized for real estate agent
Real estate broker
A real estate broker, real estate agent or realtor is a party who acts as an intermediary between sellers and buyers of real estate/real property and attempts to find sellers who wish to sell and buyers who wish to buy...
s and property investors, while the BA-20 Profit Manager provided some of the more commonly used accounting functions in a desktop package for sales use. In addition, some early versions of the Business Analyst line were available in custom versions for various companies.
The current lineup (January 2008) includes three models: the BA-II PLUS targeted at students, the BA-II Plus Professional for professional use, and the latest incarnation of the 20+-year-old BA-20. The BA-II models are widely used on accounting certification exams as well as being one of the two permitted calculators on the Chartered Financial Analyst
Chartered Financial Analyst
The Chartered Financial Analyst Program is a graduate level self-study program offered by the CFA Institute to investment and financial professionals...
exam and Society of Actuaries
Society of Actuaries
The Society of Actuaries is a professional organization for actuaries based in North America. It was founded in 1949 as the merger of two major actuarial organizations in the United States: the Actuarial Society of America and the American Institute of Actuaries...
and have essentially replaced the lower-end, special purpose designs, all of which had been phased out by 2000.
BA-35 Financial Calculator
The BA-35 was targeted at students studying finance and was available from 1985 to the late 2000s; though it contained a full set of TVM functions, it lacked the advanced scientific calculator functions of later models of the BA-II. It was the most affordable calculator for time-value-of-money calculations.Features:
- Preprogrammed financial and accounting functions, including time-value-of-money and compound interest calculations.
- Capability for recalling time-value-of-money values as well as annuity due operations.
- Amortization balance and payment-to-interest calculations.
- Annual Percentage Rate (APR) to Effective Rate (EFF) interest conversions.
- One-variable statistics with frequencies. Calculates mean, sample standard deviation, and population standard deviation.
- Cost-sell-margin and mark-up calculations.
- Solar-cell powered.