Certification: Oracle Hyperion Financial Management 11 Certified Implementation Specialist
Certification Full Name: Oracle Hyperion Financial Management 11 Certified Implementation Specialist
Certification Provider: Oracle
Exam Code: 1z0-532
Exam Name: Oracle Hyperion Financial Management 11 Essentials


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"Oracle Hyperion Financial Management 11 Essentials Exam", also known as 1z0-532 exam, is a Oracle certification exam.

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Certification Overview

Built through the use of an advanced financial technology, the Hyperion Management (Financial) application by Oracle is what provides the financial managers the ability for fast and efficient reporting of financial results, as well as to deliver confidence in their numbers. It also helps reduces costs especially those related to compliance, and delivers reliable results for a detailed analysis of the vital performance metrics.

Not only does Oracle provide organizations with software though, but it also gives them, through the Oracle University's credentials, proven specialists with expertise to manage the same. The professionals for this software are recognized through the certification called HFM 11 Implementation Specialists.

Who can do this certification

While all candidates, regardless of whether their organizations are members of OPN or not, are eligible for this, they should at least possess adequate experience and knowledge regarding solutions based on and of the HFM itself. Additionally, those who have attended the recommended trainings are better suited for clearing the exam as well as for the certification.

Benefits

The advantages from it are not only limited to the tag given by Oracle and its credibility, candidates also learn a variety of HFM related skills ranging from use of EPMA to application creation by the classic method, data loading, report defining and so on.

Associated Exam

The sole examination of this certification course is called as Oracle HFM 11 Certified Implementation Specialist Exam. It includes 65 questions, with a candidate needing to get at least 75% right in order to pass it. Trainings such as the Oracle HFM Mgmt: Creation and Management of Applications, Configuration as well as Installation are beneficial in the exam.

Prerequisites

Experience through either hands-on training, or via field/job in the HFM and its related solutions is what makes up the criteria for this credential's eligibility. A candidate should be thorough in both the theoretical and practical approaches to the Hyperion Financial Management, and the solutions based on it, especially in all the tasks/areas which are listed in the topics covered under the examination.

Topics Covered

  • Application Creation, Profiles and Metadata (Classic)
    • Creating an application's profile and applications
    • Management, loading as well as extraction of the metadata
    • Accounts Chart, and its building
    • Specification of values for properties which are commonly used as well as their descriptions
    • Implementation of dimensionality, and its details
    • Application settings which are used the most as well as their specific values and descriptions
  • HFM Overview
  • Analysis and Loading of Data
    • Loading of data in an application with the native formats for files
    • Data loading in an application by following alternate approaches
    • Copying as well as clearing of data from the HFM Applications
  • EPM- Architect
    • The pros and cons associated with the use of EPMA, in place of the classical HFM
    • Components of the EPMA
    • Deployment of the applications
    • Data moving between applications based on EPMA through the use of synchronization of data
    • Clearing as well as copying of data from applications of HFM
    • Data loading in an application through the method of alternative approaches
  • Rules associated with HFM and Manager of calculations
    • Management as well as creation of calculations
    • Invoking subroutines and their descriptions
    • Variable uses and their details
  • Administration of Hyperion Financial Management or HFM
    • Copying of the HFM Applications (only classic)
    • Implementing control over processes
    • Use of the Administration menu in HFM for performing management of applications
  • The Supporting Tools in Financial Management- Extended Analytics
  • Shared Services
    • Details of both Security and Management of Lifecycle
    • Security structure- describing it, including users, classes and so on for HFM
    • Class creation and assignment
    • Management of groups, classes and also users through extraction/log as done in an application (classic HFM only)
  • End-user basics of the HSM
    • Usage of:
      • Journals
      • Data Grids
      • Data Entry Form
      • Tasks list

Validity of the certification

A candidate does not need to worry about this credential's validation period, for no expiry date is associated with it. All of these certifications, with respect to the version they are offered in, come with an indefinite validity.

Expert Review

HFM is a software that makes it possible for the organizations to grow, and along with that growth, provide even better services to their present and future customers. It has proved that a better management of a company's finance is what makes it a better manager of its customer's needs, providing them what they need at the right time.

Katie Beaufremont, Trimble Navigation Ltd

Cannes, France

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