BEC retake

  • This topic has 2 replies, 3 voices, and was last updated 5 years ago by Jokr.
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  • #2275128
    CPAAAAA
    Participant

    Hi everyone, so my score released on 19-3 and unfortunatly failed BEC with 71, I took the exam on march 4 and the materials kinda in my head and this is my last exam, my candidate performance report said, Iam weak on sims and wc and comparable on mcqs. So guys I nedd your advice, such how to re study and how much time you think I need for retake, I work full time job. Thanks everyone.

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  • #2275797
    1rightanswer
    Participant

    I just took and passed BEC on 3-10-19. This was my last exam since I was mentally drained after the last 3 so I didn't do all the MCQ, SIM, and WC like I did for the other 3 sections.
    You know what I got a 99. When I walked out of the exam, I felt I didn't pass to be honest. The reason for that was because I didn't have enough practice on the problems, so I was not confident my answers were correct, but apparently most of them were.

    Even though I didn't practice the problems, I double-downed on the reading, I made sure I can explain what I read to myself and I fully understand the solutions to the condensed MCQs section in Gleim BEC book. My lazy approach of reading more and working less problems worked. Hope my suggestion helps you too.

    AUD - 89
    BEC - 99
    FAR - 77
    REG - 91
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    #2276118
    Jokr
    Participant

    Hi! I can't give an extremely reliable opinion on how long for your retake, since I started studying/ took mine 7 months after failing the first time. For me, I had roughly a month until my exam (21 days actually studying) with ~100 hours (I'm studying full-time). I definitely went overboard in comparison to what people usually say to spend on BEC, but I was stressed about failing again.

    For me, I use only Roger. I personally remember things better when I write them, I usually write the book, cover to cover, paraphrasing/ using shorthand where I can, along with color-coding and bullet listing when possible. I skipped 70% of my lecture videos once I realized that I wasn't utilizing my limited time efficiently. My first attempt was very unorthodox, I spent only a week studying for my exam before I took it, and never did a single MCQ/ SIM/ WC, so I went into my exam pretty much blind.

    For my second attempt, I knew what my weakest area of focus was (Operations Management, especially cost accounting), and spent 50 hours just on that. I started using the Cornell-Method for note taking. It's still time consuming, but I found it to be a little faster as well more efficient when it came to reviewing my notes. Once I reviewed/ wrote through all the sections, starting with the areas I believed to be most important. I also took the time to do MCQ the final week leading up to my exam (but only for I/C and Corporate Governance).

    Considering what I would probably have done differently, as well as your situation, first figure out how you learn/ study best. If you can just watch lectures, or just MC, do that. I definitely found going through MCQ to be extremely helpful, and wish I had given myself more time to that for each section. Going through the MCQ, taking notes on what you did wrong and marking the topics/ subtopics you seem to be getting questions wrong on the most will help you I.D. your weakest areas. I would make sure to definitely know Corporate Governance (COSO, I/C) and IT a lot.

    I also regretted not checking out WC examples, as I had spent too much time attempting to figure out how to structure and answer the questions. For SIMs, they provide ratios, but not for MCQ. However, knowing the main ratios/ concepts for Financial management and economics (Elasticity/ Nominal vs Real Interest Rates/Exchange Rates, ROI/RI/DOL, NPV/Payback Period/IRR/ARR and how they compare/ contrast, Probability Analysis/ Profitability Index, WACC/CAPM) should be enough to get you through. For operations management, main ideas/ calculations for Step allocation, Joint-Product Costing, Process Costing, LIFO/ FIFO, Variances are important I, believe.

    If you can stay on top of it/ consistent I would say you can study and then take the exam in 2 weeks. Focus on your weaker areas, and then branch out. Do some SIMs/ and few WC. But for those I wouldn't spend a ton of time on, just on how to structure your answer, and know the overall purpose/ main ideas for the main topics (E-Commerce, IT, Disaster Recovery, Internal Controls, Corporate Gov, Variance Analysis, Flow of Costs/ Inventory Costing/ Management, Economic Indicators/ Markets & Efficiency)

    Sorry that was a lot, but hope it helps!

    AUD: 84 (4/18)

    BEC: 88 (3/19)

    FAR: 6/10

    REG: 7/19

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