Well I have no experience how effective my learning approach is, because I don't know the results yet ;-)
I'm using Becker self-study, listen to every lecture, doing every MCQ two or three times, doing all of the simulations, making notes and doing the final exams. I also think full time study is more effective than studying after work or only on weekends (if you can choose to do so), because if you going through all of the material of BEC in 60 hours within a week it probably stays longer in your mind than studying piecemeal.
BEC is a strange section of the CPA exam, I hope I will nail it tomorrow.
Now back to the material ;-)