Is SAP FICO a Good Career in 2021?

SAP FICO is a Finance and Cost controlling module of SAP ERP, where FI stands for Financial Accounting and CO stands for Controlling. The SAP FICO module is highly reliable and covers almost all business processes in several industries. This is one of the most important and extensive modules in SAP. The purpose is to record all financial transactions made by the organization and to prepare accurate financial statements at the end of the business period. SAP FICO Training Institute in Delhi will provide you the information about SAP FICO and will give explain about its functionalities. It is designed to train the individuals with little or no knowledge in this field.

What is the Scope of SAP FICO?

Many industries are working on the ECC model and are using FICO for the operational part of their workflow. As a result, many FICO consultants and end-users are working on implementation and support. Don't forget, it is growing day-by-day. Day in and day out, industries that used to work on non-ERP models are now moving to ERP software to effectively manage their business and ensure transparency. Since SAP is the most advanced ERP software in the world, the greatest demand for ERP is in the industrial sector.

Since Finance and Management Accounting are the two main sectors in the smallest and largest industry, an organization with SAP ERP must have SAP FICO.

How to Learn SAP FICO?

It is a very important question as there are number of choices but the main part is to choose wisely. You can take training either online or from a good institute. You can refer to SAP FICO Training Institute in Gurgaon to learn and train yourself in the respective field. Make a to-do list whenever you want to do something. It helps you to move systematically and you can also see your progress.

What About the Career Growth?

When an organization implements SAP ERP, it also needs FICO consultants to work with their finance and control departments. And of course, this will create a demand for enthusiasts like you who want to create in SAP FICO.

There are many factors that go into determining the SAP FICO Consultant salary package. These factors can:

• Your qualifications and academic performance
• Your previous experience (if any) in ERP or non-ERP
• How to speak during an interview
• The percentage of questions that were answered correctly during the interview
• Any additional skills you have (which may be of interest to the employer)
• SAP certification (if any)

All of these factors contribute to guessing the expected salary, however, on average, an SAP FICO consultant receives a salary of 3.5 or 5 lacs a year.