SAP FI / CO (Financials and Controlling Configuration) is one SAP functional module which has grown in stature and importance over the years among students and the corporate alike. Thanks to it, managers and accountants can observe, analyse and study the financial situation of an organization easily and faster than any other system. Most importantly it can be used to monitor the inside operations by planning and creating reports and also offer solutions to accounting requirements.

A search on google on job offers in this field does yield more than 5 lakh results. But for a person to become a successful SAP FICO specialist or consultant, certain prerequisites need to be fulfilled. A SAP FICO specialist needs to configure SAP according to the needs of the organization and convert it into a strong functionality. He should also be able to understand the designs and specifications, do an object oriented analysis and also work on the technical and research problems. Good oral and written skills are always an added bonus.

But what is most important is the fact that organizations take those people as SAP FICO specialists who have experience. This involves experience in the job being offered as well as the required knowledge of the development techniques and technical background.

In the long run, pursuing this SAP module adds a great value to a person’s resume with a solid understanding of the domain. This can be seen from the fact in the last couple of years a lot more organizations are asking for people with SAP skills and specifically SAP FICO.

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