5 Best Calculator for CA Students in India

Hello Readers, calculators are always an essential tool for eveyone and thats’s not just for students or professionals. But, for a Chartered Accountancy (CA) student and for other students, the type of calculator they use plays an important role. It saves their time during the exams by helping to solve the mathematical problems or expressions very quickly. In this article, we are sharing a list of five best calculator for CA students and which will help you find the one suits you.

The CA exam is considered as one of the toughest exam to pass. According to available data, over thousands of students appear for the exam every year, with only a two percent pass rate. Preparation for the CA examination involves significantly more hard work compared to other exams, and the exam materials they use for their preparation also plays a significant role. A good and handy calculator will be the first tool or will be the best friend for the students in this journey.

When it comes to selecting a best calculator for CA students in India, we always need to consider a few important factors and we believe every students should be aware about it. The first point is that, make sure the calculator you select or purchase is approved by the Institute of Chartered Accountants of India (ICAI). Secondly, make sure it has all the necessary functions required for solving problems in the CA examinations and lastly, the calculator should be very user-friendly or it should be easy to operate and convenient for your usage.

Best Calculator for CA Students in 2024

We have reviewed the available calculators in the Market which suits for the CA students and have prepared a list of five best picks. See the table below for the list of the top 10 calculatos we have selected for you.

Affiliate links / Images from Amazon Product Advertising API

CA Students Calculator – Detailed Review

We understand the importance of purchasing a reliable and handly calculator for a CA student. So, we have done a careful and through study of the best calculators on the market to provide you this list of top picks. Below you can find review about each of the products, including a detailed review with the cons and pros that we have identified. We ask for your contribution as well in the below comments incase if you want to add your experince, which migh help others to select the best.

#1 Casio DJ-120D Calculator

A comparatively higher-priced product with excellent build quality features a screen size of 191×140×35 mm. The larger size of the product makes it less compact, but the larger keypad makes it more comfortable and error-free for students. It comes in both solar-powered and battery-powered options, with excellent build quality. The color-coded keypad should also be highlighted as a feature that facilitates easy key differentiation.

casio-dj-120d-150-steps-check-and-correct-desktop-calculator

Casio offers a 3-year warranty for this product across India. The product’s key features include the validation funtion of upto 150 previous calculations, the F-Cut function enabling users to set the cutoff to the number of decimal places, the dedicated ‘000’ button, and three-digit separator formats (Standard, European, and Indian). Overall, this will be the best choice for a CA student.

Pros
  • Dedicated “000” button
  • Large 12-digit display for easy reading
  • Upto 150 previous step validation
  • Suitable for users with bigger fingers
  • F-Cut function
Cons
  • No backlit display
  • Comparactively higher priced
  • Less compact/handy calculator

#2 Casio MJ-120D Calculator

A lightweight, compact, and handy product available at a lower price. When compared to the first product, the Casio MJ-120D does not retain a few features, including the dedicated ‘000’ button, the F-Cut function, and a few other dedicated buttons. This product features additional dedicated keys specifically designed for easy tax calculations, such as price plus/minus tax and tax amount. It also comes with a three-year all India manufacturer warranty and operates on dual power sources—both solar and battery.

casio-mj-120d-150-steps-check-and-correct-desktop-calculator-with-tax-keys-black

The product features a larger screen size of 22.9 x 94 mm, making it more compact but more suitable for students with larger fingers. One highlighted feature of the product is the key rollover function, ensuring no loss of data during high-speed input.

Pros
  • Comparatively less price
  • Light weight, compact and handy
  • 150 step checks and correction
  • Excellent build quality
Cons
  • No backlit display
  • Lacks a dedicated “000” button
  • F-Cut functions not available

#3 Casio MJ-12VCb Calculator

The Casio MJ-12VCb-RD is the third pick, available in different color combinations rather than the regular black. The main feature to be highlighted is the 300 Steps Check and Correct, as most other products offer only up to 150 steps. However, this may not be a significantly useful upgrade for most students, as 150 steps will suffice for most scenarios.

casio-mj-12v-cb-rd-300-steps-check-correct-colourful-desktop-calculator-white-and-pink

Similar to other devices, it is 2-way powered, has a 12-digit screen, and have good build quality. The screen size is 144 x 105.5 x 26.2mm, and it includes the Indian comma marker for easy reading.

Pros
  • Comparatively less price
  • Light weight and compact product
  • 300 step checks and correction
  • Available in multiple colours
Cons
  • No backlit display
  • Lacks a dedicated “000” button
  • F-Cut functions not available
  • Buttons might feel small for users with bigger fingers

#4 Casio MJ-120GST GST Calculator

The product is designed specifically for easy and fast GST calculation, featuring five pre-stored GST slab keys with values for different GST slabs. In addition to its regular functionalities and buttons, Casio has added many dedicated buttons and features, with the F-Cut function being one of them.

casio-mj-120gst-gst-calculator-black

This product boasts a 12-digit display, dual power capability (both battery and solar), and a 3-year product warranty. With compact dimensions of 153.5×126.5×29.8 mm and a screen size of 22.9 mm x 94 mm, offering a convenient product size. It also includes a 200-step check and correct feature for reviewing inputs and making corrections.

Pros
  • Handy and compact product
  • 200 step checks and correction
  • F-Cut function
Cons
  • No backlit display
  • Lacks a dedicated “000” button
  • Buttons might feel small for users with bigger fingers

#5 Casio MJ-12D Calculator

The cheapest and the last product in our picks. The product comes with all basic functionalities, but many dedicated buttons and features that a CA student might find missing. Like the other products, it boasts excellent build quality and features a screen size of 22.82 x 82.3 mm. It offers both solar and battery power options. Casio provides a 3-year warranty for this product across India.

casio-mj-12d-150-steps-check-and-correct-desktop-calculator

Two key features of the product are the 150 Steps Check/Correct and the Indian comma markers. The 150 steps reviewing feature helps in re-checking old calculations and finding the mistakes, effectively saving a lot of time. The Indian comma marker facilitates easy reading of numbers in Lakh and Crore, it can also be adjusted to display for million and billion as well.

Pros
  • Budget-friendly
  • 150 step checks available
  • Key rollover function – prevents missed entries on fast input
Cons
  • No backlit display
  • Buttons might feel small for users with bigger fingers
  • Lacks a dedicated “000” button

Top Calculator for CA Students – Buying Guide

To ensure that the product we purchase meets our expectations or suits our needs, we should at least have a basic idea about the key elements of the product. When it concerns something that affects our career or could change our future, we should be more careful. A faulty calculator could completely ruin an exam, especially if the examination heavily relies on the calculator. For CA students, the calculator plays a major role, so there are a few features to consider to ensure you have selected the best product. Here are some key factors to keep in mind.

  1. Functionality: The functions or features will be the first factor to consider. A calculator with basic functionality will never be a good choice. Ensure the calculator has functionalities like recent steps checking, dedicated buttons for actions like ’00’ or ‘000’, F-Cut function, and more. As the CA learnings are completely related to performing financial calculations, make sure the product covers the examination or learning needs.

  2. Display: The display is another important key factor to consider. Especially if you have eyesight issues, ensure to select a product with an appropriate display size for you. Check for a calculator with a clear, easy-to-read display, and a backlit display could be helpful in low-light situations.

  3. Memory: Select a calculator with the ability to store previous calculation steps. We found most of the calculators have 150-300 steps storage to check and validate the steps. This should be considered a crucial factor as it saves a lot of time from recalculating everything from the start incase you found any mistakes in the previous steps.

  4. Size and Portability: Consider the size and portability of the calculator as well. Everyone likes a calculator that is lightweight and handy, but for a CA student, a small or handy calculator will never be a good choice. Select a bigger one that suits your fingers with a larger screen size. A tiny calculator will lack a lot of dedicated buttons and functionalities that a larger one has, so that should also be checked.

  5. Price: Don’t overspend on products with alot of features like storage space and more, as they may not be approved by the ICAI for use in CA examinations. An average calculator for a CA student ranges from INR 400 to 1000. There’s no need to spend more than that. Review the list we have provided and select a calculator that fits your budget while still meeting all your requirements.

In summary, when choosing a calculator for CA students, especially consider functionality, display, and ensure it is approved by Institute of Chartered Accountants of India. By these factors in mind, you will be able to get a calculator that meets your needs and helps to succeed in the studies.

Frequently Asked Questions

Ading some FAQs below, comment down below if you have any furthur questions and we will provide a reply for you.

Which models of calculators are allowed in the CA examinations?

As per the Institute of Chartered Accountants of India (ICAI), only non-programmable calculators are allowed in the CA examinations. The five calculator we added in the list found allowed in the examincations.

What features should I look for in a calculator suitable for CA students?

As we added in the buying guide notes above, we need to give more priority to the additional functionalities above a basic calculator. Which includes memory function, tax calculation, dedicated buttons and more.

Are there any restrictions on the number of digits for calculators in the CA Foundation exams?

Yes, calculators with a maximum of 12 digits are allowed only allowed in the exams. To be more specific, a basic calculator with up to 6 functions, 2 memories, and 12 digits are allowed and also scientific calculators are not allowed to use.

Is Casio MJ-12D calculator allowed in CA exams?

Yes, Casio MJ-12D calculator is permitted to used in the CA exams. Students are allowed to use non-programmable calculators in the examination hall.

Leave a Comment