Strategic Management TECEP

[passit1]

I just finished this test this morning. Very confident in how I did on the multiple choice. Moderate on how I did on the essays/short answers. Passing score is only 60 so as long as I have most of the MC correct, partial credit on the essays will work.

The best study material is the Crafting and Executing Strategy book listed on the syllabus for the test. Test questions are right from the book. It's not so much that the test is difficult but they are choosing specific information for the essays that is a small part of 12 chapters chock full of information. I love strategy so this was an easy read for me but retaining the exact info as organized in specific lists to answer the questions was challenging.

IC flashcards are good to refresh knowledge while on the go for this test but they don't give info in the list format the TECEPs use - the book does that. I do not recommend a cram and take strategy for the Strategic Management exam (ha! I kill me). My study plan was 2 weeks: 1 week to intensively go through each of the 12 chapters, week 2 was a review of each chapter for 6 days and a quick review the night before the test. The morning of the exam I read over the financial formula chart one last time - there was one multiple choice question on one of the EASY formulas.

Some topics to know:
Corporate Culture
Diversification
International Competing
Strategic Groups

This is NOT everything on the test, just some things I can remember off the top of my head.

Relax, good luck. Go in thinking you will pass. Success is more than 50% mental.