It depends what kind of learner you are. I found out in university that I learn by writing. I can read over my notes a million times, but I won't remember a thing until I actually write it down. So I go through my notes for each course and re-write the important points.
Really focus on what profs tell you to study or what it says on their study guides. If they say it might be on the exam, it will be on the exam!