{"id":1668,"date":"2021-12-07T13:10:12","date_gmt":"2021-12-07T13:10:12","guid":{"rendered":"https:\/\/www.igrowsoft.com\/blog\/?p=1668"},"modified":"2022-06-08T07:50:17","modified_gmt":"2022-06-08T07:50:17","slug":"how-can-non-it-students-pursue-a-career-in-sap-fico","status":"publish","type":"post","link":"https:\/\/www.igrowsoft.com\/blog\/how-can-non-it-students-pursue-a-career-in-sap-fico\/","title":{"rendered":"How can non-IT Students pursue a career in SAP FICO?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.igrowsoft.com\/blog\/sap-fico-online-training\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/www.igrowsoft.com\/blog\/wp-content\/uploads\/2021\/12\/291120211200-1-1024x536.jpg\" alt=\"\" class=\"wp-image-1672\" srcset=\"https:\/\/www.igrowsoft.com\/blog\/wp-content\/uploads\/2021\/12\/291120211200-1-1024x536.jpg 1024w, https:\/\/www.igrowsoft.com\/blog\/wp-content\/uploads\/2021\/12\/291120211200-1-300x157.jpg 300w, https:\/\/www.igrowsoft.com\/blog\/wp-content\/uploads\/2021\/12\/291120211200-1-768x402.jpg 768w, https:\/\/www.igrowsoft.com\/blog\/wp-content\/uploads\/2021\/12\/291120211200-1-24x13.jpg 24w, https:\/\/www.igrowsoft.com\/blog\/wp-content\/uploads\/2021\/12\/291120211200-1-35x18.jpg 35w, https:\/\/www.igrowsoft.com\/blog\/wp-content\/uploads\/2021\/12\/291120211200-1-48x25.jpg 48w, https:\/\/www.igrowsoft.com\/blog\/wp-content\/uploads\/2021\/12\/291120211200-1.jpg 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>A lot of you must be looking to make a shift in your career as the job you are currently doing is not something you would want to do for the rest of your lives. Shifting career priorities has become important in today&#8217;s times. Many people are learning new technologies and looking to uplift their careers with a great demand all around for various skills. An <strong><a href=\"https:\/\/www.igrowsoft.com\/blog\/sap-fico-online-training\/\" target=\"_blank\" aria-label=\"SAP FICO course (opens in a new tab)\" rel=\"noreferrer noopener\">SAP FICO course<\/a><\/strong> is one of the most popular courses these days as it does not require the learner to be from an IT background.<\/p>\n\n\n\n<p>SAP is one of the most sought-after technologies today which\nis widely used by companies from every domain. The demand for people skilled in\nSAP is therefore obviously on the rise and can be a great career prospect in\nthe days to come.<\/p>\n\n\n\n<p>SAP, which stands for System Application and Products in Data\nProcessing is a leading Enterprise Resource Planning software that is used by\nmillions of programmers due to its open architecture.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Many\nnon-IT background students often however have doubts about pursuing a course\neven in such a great market with so much demand. <\/li><li>It\nis mostly due to a fear of being from a non-technical background. <\/li><li>Students\noften back off due to this reason as has been commonly observed. <\/li><li>But\nthere is nothing to worry about. <\/li><li>People\nfrom non-IT backgrounds can also excel in SAP and go on to have great careers\nahead.<\/li><\/ul>\n\n\n\n<p>Expertise in SAP can be divided into two main areas which are functional and technical. The functional area includes modules like FICO and technical includes modules like ABAP, BASIS, etc. Students from non-technical backgrounds can opt for SAP FICO courses or <strong><a href=\"https:\/\/www.igrowsoft.com\/blog\/sap-fico-online-training\/\" target=\"_blank\" aria-label=\"SAP FICO online training (opens in a new tab)\" rel=\"noreferrer noopener\">SAP FICO online training<\/a><\/strong> to pursue a career in this lucrative field.<\/p>\n\n\n\n<p>Students from accounts and finance backgrounds can very well\nget adept with SAP FICO and give their careers a new path. There is a great\ndemand for functional specialists across various industries. <\/p>\n\n\n\n<p>SAP in itself is vast with over 25 modules designed to serve\ndifferent aspects. The lack of domain knowledge and experience can often hamper\nthe understanding between SAP consultants and SAP end users. Hence the\neducational aspect is quite important while choosing an SAP module.<\/p>\n\n\n\n<p><strong>Let&#8217;s dive deeper into <a href=\"https:\/\/igrowsoft.blogspot.com\/\">SAP FICO<\/a> since it is one of the best options to choose for non-IT background students.<\/strong><\/p>\n\n\n\n<p>FI stands for Financial Accounting &amp;CO. where as stands for Controlling. SAP FI and CO\nare separate modules of SAP and both of them store financial transactions\nrelated data.<\/p>\n\n\n\n<p>SAP FI is used comprehensively for financial reporting. Its\nmain purpose is to record all financial transactions and produce financial\nstatements. SAP FI in turn has the following modules<\/p>\n\n\n\n<p><strong>Financial Accounting Global Settings<\/strong><\/p>\n\n\n\n<p><strong>General Ledger:<\/strong> The general ledger contains all the transactions of the\ncompany in a chart of accounts and lists all the accounts in the system.<\/p>\n\n\n\n<p>Organization Structure<\/p>\n\n\n\n<p><strong>Accounts payable:<\/strong> Involves all transactions with vendors and vendor accounts.<\/p>\n\n\n\n<p>Tax Configuration<\/p>\n\n\n\n<p><strong>Accounts Receivable<\/strong>: Records all customer transactions and manages customer\naccounts and the transactions include anything from down payments to invoice\npayments.<\/p>\n\n\n\n<p>Treasure Management<\/p>\n\n\n\n<p>Asset Accounting<\/p>\n\n\n\n<p><strong>Bank Ledger:<\/strong> All the bank account transactions of the company are\nmaintained.<\/p>\n\n\n\n<p>Investment Management<\/p>\n\n\n\n<p>The Controlling module mainly provides insights to the\nleaders as to where the money is being spent onthe CO module covers areas like\nCost Controlling, Cost Element Accounting which provides the overview of the\nrevenues and costs of the company, Internal Orders which is used for managing\ncosts for non-fixed assets or smaller internal projects, Cost Center Accounting\nwhich deals with the costs associated with the internal divisions of the\ncompany, Activity Based Costing, Profitability Analysis which allows companies\nto analyze the profitability of the products, Product Cost Controlling which\nhelps the companies to manage the cost of production of its goods and services.<\/p>\n\n\n\n<p><strong>T<\/strong><strong>he SAP FICO module can also be\nintegrated with other modules like Human Resources, Sales and Distribution,\nMaterial Management, etc.<\/strong><\/p>\n\n\n\n<p>The rise in the number of jobs for SAP professionals and the good pay package is what is drawing more and more non-IT background students into the field. Commerce graduates are pursuing various <strong><a href=\"https:\/\/www.igrowsoft.com\/blog\/sap-fico-online-training\/\" target=\"_blank\" aria-label=\"SAP FICO courses  (opens in a new tab)\" rel=\"noreferrer noopener\">SAP FICO courses <\/a><\/strong>and SAP FICO online training to upskill themselves and become a part of the SAP industry.<\/p>\n\n\n\n<p><strong>According to Glassdoor, the average salary for SAP\nconsultants in India is over 6 lakh rupees.<\/strong><\/p>\n\n\n\n<p>To pursue a course in <a href=\"https:\/\/www.sap.com\/\" target=\"_blank\" aria-label=\"SAP FICO (opens in a new tab)\" rel=\"noreferrer noopener\"><em>SAP FICO<\/em><\/a>, one does not need to have a technical background. But sufficient knowledge of commerce and finance is required as it is the base of both the modules. Commerce graduates wouldn&#8217;t face many difficulties given they have a solid background in Financial Accountancy. Once you have that, you can easily pursue a course in SAP FICO which will enable you with the adequate skill set to work as SAP professionals in various companies.<\/p>\n\n\n\n<p>When it comes to providing SAP FICO training, there are multiple institutes these days. One of the best <strong><a href=\"https:\/\/www.igrowsoft.com\/blog\/sap-fico-online-training\/\" target=\"_blank\" aria-label=\"SAP FICO training institutes (opens in a new tab)\" rel=\"noreferrer noopener\">SAP FICO training institutes<\/a><\/strong> is Igrow which specializes in providing training to students from non-IT backgrounds.<\/p>\n\n\n\n<p>If you are looking to pursue a career in SAP FICO, make sure\nto have a good grasp of commerce and finance and with the right training, the\nsky is the limit.<\/p>\n\n\n\n<p><strong>Igrow is known for providing world-class SAP training in\nHyderabad with a great track record and various alumni working in respectable\npositions all across the country.<\/strong><\/p>\n\n\n\n<p>With more and more companies relying on SAP for their day-to-day functionalities it is a great time to invest in it and to learn a very important module in SAP, i.e <strong><a href=\"https:\/\/www.igrowsoft.com\/blog\/sap-fico-online-training\/\" target=\"_blank\" aria-label=\"SAP FICO.  (opens in a new tab)\" rel=\"noreferrer noopener\">SAP FICO. <\/a><\/strong><\/p>\n\n\n\n<p>You can remove the notion of having problems if you are from\na non-IT background as the right amount of effort coupled with excellent\ntraining can lead you to achieve your dreams and become an SAP professional. <\/p>\n\n\n\n<p>Do get in touch for more information regarding the program to\nmake sure that you are choosing the right SAP training institute for yourself.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A lot of you must be looking to make a shift in your career as the job you are currently [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-1668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sap-fico"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.igrowsoft.com\/blog\/wp-json\/wp\/v2\/posts\/1668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.igrowsoft.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.igrowsoft.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.igrowsoft.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.igrowsoft.com\/blog\/wp-json\/wp\/v2\/comments?post=1668"}],"version-history":[{"count":2,"href":"https:\/\/www.igrowsoft.com\/blog\/wp-json\/wp\/v2\/posts\/1668\/revisions"}],"predecessor-version":[{"id":1811,"href":"https:\/\/www.igrowsoft.com\/blog\/wp-json\/wp\/v2\/posts\/1668\/revisions\/1811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.igrowsoft.com\/blog\/wp-json\/wp\/v2\/media\/1671"}],"wp:attachment":[{"href":"https:\/\/www.igrowsoft.com\/blog\/wp-json\/wp\/v2\/media?parent=1668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.igrowsoft.com\/blog\/wp-json\/wp\/v2\/categories?post=1668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.igrowsoft.com\/blog\/wp-json\/wp\/v2\/tags?post=1668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}