Over at rethinkstudying.com, Mike & Roy seem to think so!
Going beyond conventional wisdom, which says that classical music improves learning, Mike and Roy describe using binaural beats. These beats are designed to induce specific brainwave states using a combination of frequencies, which they layout and describe in their post.
To understand why they are useful, you must understand how brainwave frequencies impact cognition. Dive into brainwave states and alpha/beta frequencies in this short but intriguing lesson.
http://www.rethinkstudying.com/study-music/
ActuarialZone 