Read the book, be familiar with vocab terms, and know how to do important calculations. Handouts from pages 15-27 are a brief summary of the most important topics and can be cross referenced with the organization of the Wiley book.
He says that most of your learning will be done through practicing multiple choice questions and reviewing multiple choice questions about 3 times.
Module 40 pt 1-2 are worth watching for the calculations and quick review of Microeconomics if you’re rusty.
Module 40 pt 3 is mostly over Macroeconomics which he says are mostly tested with terms and definitions. Part 3 is worth skipping (definitely fast forward some parts) because most of it is spent flipping pages and highlighting bold words with the occassional skipping of a few unimportant topics. The 5 minutes he spends on Foreign Currency Appreciation/Depreciation are worth watching. Other than that he pretty much says read the book/handouts.
Michael probably could have done this entire Module in 1.5-2 hours (it took him 3 hours), but Yaeger likes to fluff their total lecture hours (BEC = 20 hours).
Economics is only 8-12% of BEC and there are much more difficult concepts to worry about like Financial MGT and Cost Accounting Variances.
I’ll probably read through the chapter, make a list of equations/calculations to know, do the MPC’s twice, and never look at Module 40 again.
BEC studying is going by pretty quickly, MUCH easier than FAR because it’s less detailed and not as involved as Financial Accounting. So far through Yaeger BEC Disk 1 and Disk 2, I’ve covered 50-60% of the material covered on BEC. I’ve taken notes and highlighted the most important topics. Now I need to read, review, and practice MPC’s.
I really want to get through Financial Management and Cost Accounting. I’ve heard those 2 sections contain the most difficult topics to understand. I plan on waiting till the end to do multiple choice questions. Once I finish the lectures, I’ll have a better picture of how much I need to study on each topic.
Business Structure = Need to read and commit to memory, but otherwise I’m not worried because there isn’t that much material
Information Technology = My second major was MIS so I’ve seen and have been tested on most of the terms in Wiley so I’m definitely not worried because I can guess/eliminate IT vocab terms with high accuracy.
Economics = I would be worried if it were more heavily tested, but since its only 8-12% of BEC I won’t be devoting too much time.
Tomorrow, I will start Disk 3 – Module 41 – Financial Management.
P.S. – BEST YAEGER TIP EVER: Adjust Playback speed to 1.4x and cut down on wasted time!
Especially when Michael lectures, he talks so slow that I swear on 1.5x it doesn’t seem like there’s a difference. Once you get up to 2.0x he starts sounding more like squirrel chatter, but still clear enough to understand.
I use VLC player: Right click the video while playing, select Playback, and click “Faster” for 1.5x speed.
Tagged as:
B2 Summary,
BEC,
playback speed,
Yaeger Tip
