Need advice

[Former Member]

Hi Experts,

I need an advice. The project I am in, I am doing functional testing of FI and HR module. I have 2 options in front of me being a HR Functional Consultant or a FI/CO Functional consultant after few years if everything goes right. I am asked to focus on any one of them as shortly I will be moved to configuration. I was into ABAP for almost 7months.I have a science background with a MCA degree. So I am a bit confused because both seems interesting. Please advice.

Few questions:

Do we need to be a MBA/CA to pursue FI/CO functional?

Do we need to have finance experience?

What will be the market value of a FI/CO consultant without a MBA/CA degree or experience?

Don't we need any experience on HR to become a HR consultant?

Which module will be beneficial for me as far as my qualification is concerned?

Will a corresspondence MBA Finance help?

Please help me to take a steady decision.

Thanks in advance,

Sangeeta.

[Former Member]

Hi Experts,

I need an advice. The project I am in, I am doing functional testing of FI and HR module. I have 2 options in front of me being a HR Functional Consultant or a FI/CO Functional consultant after few years if everything goes right. I am asked to focus on any one of them as shortly I will be moved to configuration. I was into ABAP for almost 7months.I have a science background with a MCA degree. So I am a bit confused because both seems interesting. Please advice.

Few questions:

Do we need to be a MBA/CA to pursue FI/CO functional?

Do we need to have finance experience?

What will be the market value of a FI/CO consultant without a MBA/CA degree or experience?

Don't we need any experience on HR to become a HR consultant?

Which module will be beneficial for me as far as my qualification is concerned?

Will a corresspondence MBA Finance help?

Please help me to take a steady decision.

Thanks in advance,

Sangeeta.

[Former Member]

hi Sangeeta,

I will let u know the situation here in US i donno how the conditions r in India

Q. Do we need to be a MBA/CA to pursue FI/CO functional?

A. It is not mandatory as long as u can put u r effort to learn something from scratch, but if u get the knowledge that would be plus for your career.

Q. Do we need to have finance experience?

A. If u have that exp. it would be easier to go through the topics, u can understand the business scenario quickly when compared to normal persons.

Q.What will be the market value of a FI/CO consultant without a MBA/CA degree or experience?

Here in US not so many people take care of the degree what ever u r having, but FI/CO functional market value is very much high when compared to other modules u will get good payments without u r MBA degree with good FI/CO functional knowledge.

Q. Don't we need any experience on HR to become a HR consultant?

A. Better to know before itself before start as a HR consultant but I know lot of people who don't know HR before they start their training in HR, but they cope up the things with time.

Q. Which module will be beneficial for me as far as my qualification is concerned?

A. what ever the module u mentioned above r good, those both modules having good market value. Based upon ur qualificition I would prefer FI/CO it is ever green.

Q. Will a corresspondence MBA Finance help?

A. I think it is not necessary to take the correspondence especially for it.

I think it might be usuful for u if u find anything wrong i am sorry for it and ignore it

Regards,

Naveen

[Former Member]

Hi Sangeetha ,

What I feel best is you should continue with ABAP. As I understand you have a Technical background . You have a very good chances of growth being a technical person.

If you get into functional , you will have to learn everything from scratch . Not only SAP customization but also Functional things . You can become a very good functional consultant , but will take a long time. But to become a best ABAPer , you need very less time since you are already into it.

And forget degrees , MBA or CA ... You cannot compete with them since they have been studying the same from years.

I wish you the very best .

Laxman Nayak.

[Former Member]

hi

good

1stq- yes you should have MBA or CA if you want to go for FI/CO consultant.

2nd-yes you must have finance experience

3rd-its negtive

4th-if want to work as a functional than need some exposure but some cases that is also not mandatory.

5th-HR

6th-if you r doing correspondence than you have work in a farm for at least one year in finance field.

thanks

mrutyun

[Former Member]

Sangeeta,

Do we need to be a MBA/CA to pursue FI/CO functional?

Degree's are quiet relevant if you want a job in India, as they set it as a job criteria but in foreign market it is not that important.

Do we need to have finance experience?

Any experience is always good

What will be the market value of a FI/CO consultant

without a MBA/CA degree or experience?

I think my first reply does answer that...as I feel it would be a bit of fight at the first place but once in depends on your knowledge.

Don't we need any experience on HR to become a HR consultant?

Again u cannot substitute experience but always it is a plus point.

Which module will be beneficial for me as far as my qualification is concerned?

I would advice on FI/CO bcoz it is more marketable as compared to HR, even though there are more FICO consultants than HR but all companies would plan to implement FICO first as compared to HR.

Will a corresspondence MBA Finance help?

Surely it would.

Lastly, I would just say that if you working at the moment than prefer a part-time study but that you would keep accummulating experience as well !!

I hope my replies help you in decide..if so dish out points

Regards

Anurag