SAP FICO
SAP stands for Systems, Applications and Products in Data
Processing and is one of the lead providers in ERP solutions.
Several multinational companies use and recommend this software.
SAP FICO is a certified degree course where FI refers to Finance
Accounting and CO refers to Controlling. This course mainly deals
with the Finance and Cost Controlling module in ERP. It is ranked
amongst the top 3 courses in accounting in the country.
SAP FICO covers practically almost all the areas in the business
field. There are different certificate courses under these training
programs. Courses like SAP FI, SAP CO, General Ledger and
Reports can be completed at any time of your accounting career.
Because of its high demand, skilled graduates can acquire jobs
immediately after completing this course. SAP FICO courses meet
all the monetary and accounting requirements of an organisation.
Who can do SAP FICO Course?
● Finance executives
● Job seekers who are interested to work in this SAP FICO field.
● Employees who are currently working in the finance
department.
● Graduates who are trying to build their career in the
accounting industry.
● Professionals who want to make their resume/CV stronger
thereby increasing their chances of promotion.
● Finance Generalists
● People who want a change in their career and want to take up
finance as their profession.
● Candidates who have a B-tech, B.sc or B.com degree or are
postgraduate.
What you get to learn in SAP FICO course
In the SAP FICO training course you will learn about several
financial planning aspects like enterprise risk management
and accounting management. With the help of real time
projects, you will learn simulation and prediction which will
help you to analyse operational and financial data. You will
also learn the SAP FICO architecture with which you can
master the FICO module. The live projects will give you a
better understanding about the SAP FICO architecture, design
SAP finance related applications, configure different
functionalities in the FICO interface etc.
Syllabus covered in SAP FICO course
General ledger, cash and bank accounting,Accounts
payable,Accounts Receivable,Asset Accounting, SAP FI
consultant level, controlling area, master records, cost
element,cost center accounting, Transaction based posting,
Profit center Accounting, Repost CO Line items(using FI
document), statistical key features, etc are some of the topics
covered in this course.
Job profile of a SAP FICO Professional
● Project leader: A project leader heads a group, assigns
duties, assists them and maintains a good working
place. The annual salary differs from organisation to
organisation and ranges from 4 lakhs to 8 lakhs.
● Process Developer: Process Developer gives the
required schooling and prepares and supports the
usage. They also give their reviews on various measures
taken. Their annual salary ranges from 3 lakhs to 4
lakhs.
● SAP Functional Consultant: SAP consultant assesses
the requirements of the clients and comes up with a
theoretical and algorithmic plan of action. They will set
legitimate rules and will allow experts to make necessary
changes according to these rules. Their annual salary
ranges from 3 lakhs to 7 lakhs.
● Manager costing: cost managers go through the entire
parts of the office. They utilise this information to check
likening quality, incentive and oversee cost viably. Their
salary ranges from 4 lakhs to 8 lakhs.
● SAP FICO Consultant: They are responsible for a
number of things like planning, assembling, conducting
organised testing inside and with clients and so on. Their
salary ranges from 2lakhs to 8lakhs.
Skills required in SAP FICO Courses
Because it is a business oriented course, certain skills are needed
apart from the practical knowledge for you to get a job. A few of
them are listed below:
Communication skills
Oral and written skills
Team management and leadership
Project management
Risk management
Organisational skills
Analytical skills
Creative thinking
Business is not only about your products but also how you are
selling your products. So employers are always looking for people
who are adaptable to all conditions.
Finprov is providing a 3 months hybrid course which helps you
become a SAP FICO professional. Here you will become an expert
in using this software. The syllabus covers all the topics which are
mentioned above along with practical hands-on experience. You will
also get a power use certification. Since it is a hybrid course, you
will have the option to choose an online or offline course based on
your needs. Their course fee is around Rs 27500. If you are looking
for an institute providing a professional SAP FICO course along
with placement support, Finprov is the answer.