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SAP FICO is a module of SAP ERP related to financial accounting (FI) and cost control (CO). The field of accounting is diverse, and with this certification, which easily integrates sales and distribution, facilities and materials management, production planning, and more, you could consider lots of options. Another advantage of achieving this qualification is that it provides a platform to learn concepts related to many other modules. SAP certifications can be based on a variety of solutions such as SAP Business Objects, SAP Business One, ERP, PLM, Netweaver, etc. It can also be technology specific, application specific, development specific, etc.
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SAP FICO Syllabus
Let us get a brief overview of the syllabus of SAP FICO and what you can expect from the course:
- Introduction and History of ERP and SAP
- Organization Structure
- Tax and GST Configuration
- Bank Accounting and Treasury Management
- Vendor and Sundry Creditors Accounts
- Investment Management
- Technology
- Types of Projects
- Implementation Tools
- Roles and Responsibilities of a Consultant
- Change Transport System
The PDF form of the SAP FICO syllabus is given below.
SAP FICO Certification Course: Exam Pattern
Many of the modules we have discussed above are only required of candidates to complete after qualifying at two levels. FI and CO include two levels: Associate and Professional. So, if you are also looking for an answer to the question “How to get SAP FICO certification? So here’s what you need to know:
Type of Certification | Type of Questions | Requirement | Duration |
Associate Level Certification | There would be 80 multiple choice questions, multiple response as well as matching questions | No specific requirement | 3 hours |
NEW- Speciality Certification | There would be 40 multiple choice questions, multiple response as well as matching questions in this level | This is clubbed with associate certification exam | 1.5 hours |
Professional Certification | 80 multiple choice questions, multiple response, scenario based as well as matching questions | The candidate must possess project experience, knowledge of business process and understanding of SAP solutions. | 3 hours |
Note: Fresh graduates are not eligible to take the professional level course as it requires several years of practical experience. There are also a number of exam questions at the technical level, where candidates will be asked to give real-life situations and examples. Therefore, the qualification is reserved for experienced candidates.
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Top Colleges Offering SAP FICO Course
College Name
- Lithan Genovate
- Victoria University
- Kabeer Infotech Systems India Pvt. Ltd.
- SMEClabs
- Tirupati Institute of Management
- ICA Edu Skills Pvt. Ltd.
- Delphi Computech Pvt. Ltd.
City
- Andheri West, Mumbai
- Ahmedabad
- Ghaziabad
- Kochi
- Shindewadi, Pune
- Kunkargachi, Kolkata
- Vashi, Mumbai
SAP FICO course Fee
The average course fee for the SAP FICO course varies greatly. In India, the range lies between INR 30,000- 100,000 for the entire course. The course fee depends on the administrative body.
Eligibility Criteria
If you are only interested in core SAP modules like the Associate Certificate then there are no specific course requirements. However, for advanced levels and some selected SAP modules, previous work or project experience may be required. Some examples of these SAP modules include SAP MM, PP, and PM, where one must have professional experience in the technical field. A simple commerce graduate like BCom or MBA can choose SAP FICO without any other requirements.
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Registration Process
Once candidates are sure that they want to receive SAP certification, they need to register themselves for the course. The steps to register for SAP FICO are listed below:
1. Find the nearest SAP training service and register for user number S.
2. The next step is to purchase a 500 USD voucher from SAP Education.
3. If you don’t already have a Pearson VUE account, you’ll need to create a new account.
4. Log in to your Pearson VUE account and set your test time. When paying, click on the box with voucher/promotion code and enter the voucher number there.
5. You can visit the official website of SAP Education to apply for SAP certification online.
6. However, in countries where online registration is not available, you will need to call SAP Education and a representative will walk you through this.
SAP FICO Career Prospects
“Is SAP FICO a good career choice?” is a question that many people want to ask. Equipping you with industry-relevant skills related to the accounting field, the SAP FICO certification course opens up countless career opportunities in many different job types such as:
- Junior/ Senior SAP Consultant
- Accountant
- Senior Finance Manager
- Financial Analyst
- Data Analyst
- Project Manager
- BI and Reporting Professional
- Accounts Payable Analyst
How to Prepare for SAP FICO Course?
Be it CISA certification or FICCI online courses, one needs to identify and work on their strengths and weaknesses to acquire the required knowledge and skills effectively. Here are some tips to prepare for the SAP FICO course:
- Candidates should choose the appropriate certification level based on their qualifications and work experience.
- Enroll in online courses or e-learning services that cover all course components efficiently.
- Study the syllabus carefully in advance, identify your weak areas and prepare a suitable timetable. You can easily get the study material from the SAP FICO certification website.
- Additionally, you can consider reading SAP books available online and offline. Sample questions are also available on their website. You can practice them regularly to perform better.
- Whether it is IELTS or GRE, improving English for competitive exams is essential. Also, pay attention to this for SAP FICO.
SAP Course by Entri: Duration and Fee
Entri is one of the best online platforms, offering comprehensive SAP FICO courses designed to equip candidates with the necessary skills and knowledge to excel in their career. Our courses cover everything from SAP FICO fundamentals to advanced topics like financial statement analysis and management reporting. We use advanced technology and innovative teaching methods to ensure candidates have the best training experience.
With Entri, you can rest assured that you will be well prepared to tackle any challenge in the SAP FICO domain. The duration of the SAP FICO course can last around 3 months. SAP FICO fees range from INR 30,000 to around INR 100,000. The scope is that each course focuses on a different SAP module and the institute’s credibility is linked somewhere to it.
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Conclusion
SAP FICO ensures that businesses can make the necessary choices for business planning. The two parts of the SAP Fico module are Controlling (CO) and Finance (FI). When businesses use SAP FICO solutions, they can withstand changes and obstacles and continue to operate. Additionally, SAP FICO provides users with the ability to manage both aspects of business finances. It makes it easier to link with other SAP modules and make important decisions. It facilitates credit management and allows businesses to automate their debt collection processes. Most importantly, it simplifies planning, tracking, and reporting of expenses. In short, SAP FICO is one of the core modules of SAP and learning it can bring you many high-paying job opportunities.