Who Can Learn SAP FICO?

by | Last updated on January 24, 2024

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A candidate with

domain experience of three to five years

can join the big IT companies such as Accenture, IBM, etc. Most of the companies want to have an experienced person rather than a fresher and then train them into their internal project to learn SAP FICO.

How can I become SAP FICO?

In order to become SAP FICO professional, you will need years of hands-on experience.

SAP courses TFIN50, TFIN52, TERP21, TFIN20, and TFIN22

will help you to master your SAP FICO knowledge. Hopefully you will work for a company which will choose to invest in your training.

Who can do SAP FICO?

Earning a certification in FICO module will make candidates eligible to work as an

SAP FICO consultant, account & finance executive, analyst programmer

and a whole lot more. To know what a FICO consultant does, it is advisable to familiarize yourself with the two main modules it consists of.

How do I become a SAP FICO Analyst?

  1. Ten Plus years of SAP FICO experience.
  2. Strong global / multinational core finance and multi-functional process experience – R2R, P2P, O2C, FSCM, Fixed Assets, Treasury etc.
  3. In depth understanding of the integration points with other SAP modules.

What are the prerequisites to learn SAP FICO?


You do not need special prerequisites to learn

or complete a course on SAP FICO, but it would help you tremendously to be a graduate of a finance program. However, there are people that come from non-finance backgrounds and do very well learning SAP FICO.

Is SAP FICO tough?

Yes,

a career in SAP FICO is still very good and demanding

. It is even better if you are from an accounts or finance background. SAP is the leading ERP worldwide and its popularity and demand are increasing day by day. It offers you a huge number of career options within its domain.

What is SAP FICO for beginners?

SAP FI stands for Financial Accounting and it is one of important modules of SAP ERP. It is used to store the financial data of an organization. SAP FI helps to analyze the financial conditions of a company in the market. It can integrate with other SAP modules like SAP SD, SAP PP, SAP MM, SAP SCM, etc.

What is the fees of SAP FICO?

Course Name Duration (Days) Cost (Rs.) TFIN20: Management Accounting (CO) 1

10


60000 to 70000
TFIN22: Management Accounting (CO) 2 10 60000 to 70000 SAP FICO Certification Fee 2 to 6 months (Varies for various Institutes) 25,000 and Above Approximately

Is SAP FICO in demand?

Finally Yes,

a work in SAP FICO is still excellent and in demand

. It is even more helpful if you are from accounts or finance education. Therefore, numerous FICO consultants and end-users work on implementation and maintenance jobs.

How can I learn SAP FICO for free?

Learn SAP FI (Financial Accounting) with this free SAP FI Training course. The training course consists of a series of SAP FI tutorials that will help you to learn SAP FI module on your own pace. This training course is currently under development. You can browse selected modules of this course using the links below.

Which SAP course is best for finance?

Among the Best SAP courses,

SAP FICO

is in high demand in the IT industry. It is the Finance and Cost Controlling module in SAP ERP where FI stands for Financial Accounting focusing on complete financial reporting and accounting and CO stands for Controlling outlining on planning and monitoring costs.

Can we learn SAP FICO Online?

The

60 days

course Online SAP FICO Course is designed to prepare you for entry & advanced level jobs and also provides fast-track classes of SAP FICO to working professionals or students of which the standard time duration is 2-3 weeks.

What is the fees for SAP course?

Course Name Course Duration (Days) Course Fee (Rs.) BASIS and Security Training 45 to 60

15000 to 150000
FICO Financial Accounting & Controlling 10 to 45 20000 to 150000 Management Accounting 10 to 45 150000 to 350000 HR Human Resource 25 to 60 15000 to 300000

What is SAP FICO training?

SAP FICO is

the Finance and Cost controlling module in SAP ERP

, where FI stands for Financial Accounting, and CO stands for Controlling. … This FREE SAP FICO training is designed for beginners as well as for intermediate learners.

What are the prerequisites for a newcomer to get SAP FICO job?

You should hang on to your first JOB for

a minimum of 3 years

to learn something good and start looking out for the next switch. 1-2 years of experience is too low to make a Job switch. Of course, the better experience you have the better compensation you can demand while making a switch.

What are the topics in SAP FICO?

  • General Ledger (FI-GL)
  • Accounts Payable (FI-AP)
  • Accounts Receivable (FI-AR)
  • Bank Accounting (FI-BL)
  • Asset Accounting (FI-AA)
  • Funds Management (FI-FM)
  • Travel Management (FI-TV)
  • Special Purpose Ledger (FI-SL)
James Park
Author
James Park
Dr. James Park is a medical doctor and health expert with a focus on disease prevention and wellness. He has written several publications on nutrition and fitness, and has been featured in various health magazines. Dr. Park's evidence-based approach to health will help you make informed decisions about your well-being.