I felt that overall, Dr. Yates explained the material in such a way that you did not feel like you were memorizing problems; the seminar is more conducive to developing a deep understanding of the material. This definitely helped me on exam day, as the problems were very different from any I had seen. However, because my understanding was conceptual; I was able to pass a tough exam. The short proofs Dr. Yates goes through in the seminar were a great help to truly understanding a formula, rather than pure memorization.
I highly recommend the seminar for anyone taking on MFE/3F, especially for this particular exam since there are so many formulas; it's easy to fall into the trap of memorizing formulas and problem format.
Michael Yates Contact mePhD
Michael earned his BS in Quantitative Finance at the University of Alabama in 2001. He graduated summa cum laude in the University Honors Program and received the College of Commerce and Business Administration's Most Outstanding Undergraduate Award. In 2002, he earned a Masters in Banking and Finance from Alabama and was named the Beta Gamma Sigma Most Outstanding Masters Student in the C&BA. In 2007, Michael earned a PhD in Finance from the University of Texas at Austin, where he was awarded a University Pre-emptive Fellowship, the Bonham Fund Fellowship and a Continuing Bruton Fellowship. He currently holds the position of clinical professor of finance at Georgia State University, where he teaches upper-level investments and portfolio management.
In a short time, Michael has amassed an impressive collection of accolades for his teaching effectiveness. In each of his first three years as a professor at Auburn University, he received the Colonial Company Teaching Excellence Award, given annually to the top teacher in the business school as voted by the instruction committee. He is also the four-time recipient of the FMA Teacher of the Year Award, awarded annually by the Auburn Student FMA organization to the top teacher in the finance department. As a PhD student, he taught one semester of Principles of Finance and was awarded the Fred Moore Assistant Instructor Award for Teaching Excellence. In his evaluations at Texas, he received the highest composite rating for teaching effectiveness achieved by any professor or instructor in the department in a span of five years.