Well, I bought this book with my schwesernotes because (a) there was a lot of buttons on my BAII+Pro I didn’t know how to use, (b) I couldn’t find any reviews online to steer me away, and (c) Schweser has a good reputation so this book should be useful right? Well, unfortunately I can honestly say it’s not. If anybody out there is looking for a good guide for their calculator steer clear!
Before I got it, I already knew how to use the TVM functions, but that’s it really (no CF/NPV/IRR/Amort). So I got the book hoping to grasp primarily (a) Amort, (b) Data/Stat, (c) Bond, (d) Depr, (e) Breakeven and (f) Profit. Well boy was I disappointed!
Now that I’m through the thing, I’ve added some of (b) to my understanding (in that I can find the SD of a sample). As for amort, bond, depr., brkevn and profit, they went untouched throughout. Whats more, with for example Stat, I only learned to use “1-V” setting. No mention of what that means, or anything on the other 3 (4?) options in that menu. Even with bonds, there’s a section devoted to finding duration/etc, but they don’t use the BAII’s Bond calculator, they just use the arithmetic method and show you the keystrokes (X-X=X*X*X=X…..).
The textbook side of the book is mostly TVM functions- something most of us can figure out in about 5 minutes. The remainder is going over arithmetic concepts ie geometric mean, weighted averages, etc. Nothing specific to financial calculators, and therefore nothing that should be taking up space in the book imo. The last half of the book is a student workbook and PV tables. To give you an idea how elementary the content is, number one is literally “Calculate 93.2+46.5”.
That said, maybe the reason a lot of this wasn’t covered is because the BAII+ (non-pro) doesn’t have those functions, and I wouldn’t know as I only have the pro. But there’s a picture of the pro on the cover, so that shouldn’t be it.
So if you’re looking for a good guide to teach you your BAII+Pro, stay away. What I expected to list out all the different settings under each option with what they mean and how to use them, I got an introductory math textbook with a touch of finance. Instead just head over to http://www.atomiclearning.com/ti_ba2. Wish I’d have found that site before ordering, as it could have saved me almost a hundred bucks of entirely wasted money and had secret sauce instead.
Before I got it, I already knew how to use the TVM functions, but that’s it really (no CF/NPV/IRR/Amort). So I got the book hoping to grasp primarily (a) Amort, (b) Data/Stat, (c) Bond, (d) Depr, (e) Breakeven and (f) Profit. Well boy was I disappointed!
Now that I’m through the thing, I’ve added some of (b) to my understanding (in that I can find the SD of a sample). As for amort, bond, depr., brkevn and profit, they went untouched throughout. Whats more, with for example Stat, I only learned to use “1-V” setting. No mention of what that means, or anything on the other 3 (4?) options in that menu. Even with bonds, there’s a section devoted to finding duration/etc, but they don’t use the BAII’s Bond calculator, they just use the arithmetic method and show you the keystrokes (X-X=X*X*X=X…..).
The textbook side of the book is mostly TVM functions- something most of us can figure out in about 5 minutes. The remainder is going over arithmetic concepts ie geometric mean, weighted averages, etc. Nothing specific to financial calculators, and therefore nothing that should be taking up space in the book imo. The last half of the book is a student workbook and PV tables. To give you an idea how elementary the content is, number one is literally “Calculate 93.2+46.5”.
That said, maybe the reason a lot of this wasn’t covered is because the BAII+ (non-pro) doesn’t have those functions, and I wouldn’t know as I only have the pro. But there’s a picture of the pro on the cover, so that shouldn’t be it.
So if you’re looking for a good guide to teach you your BAII+Pro, stay away. What I expected to list out all the different settings under each option with what they mean and how to use them, I got an introductory math textbook with a touch of finance. Instead just head over to http://www.atomiclearning.com/ti_ba2. Wish I’d have found that site before ordering, as it could have saved me almost a hundred bucks of entirely wasted money and had secret sauce instead.