Prepare to pass exam: Oracle Hyperion Financial Management 11 Essentials

The Oracle Hyperion Financial Management 11 Specialist Certification identifies professionals that are skilled in implementing solutions based on Oracle Hyperion Financial Management. The certification covers skills such as: creating applications using and EPMA and via the classic method, loading data, defining rules, working with shared services and defining reports. The exam targets the intermediate-level implementation team member. Up-to-date training and field experience are recommended. This certification is available to all candidates but is geared toward members of the Oracle Partner Network who are focused on selling and implementing Oracle Business Intelligence technology. OPN Members earning this certification will be recognized as OPN Certified Specialists, which helps their companies qualify for the Oracle Business Intelligence Foundation Specialization.

To pass the Oracle Hyperion Financial Management 11 Essentials exam, focus on understanding core HFM functionalities, such as financial consolidation, reporting, and analysis. Study the configuration, administration, and integration aspects of HFM, and practice with real-world scenarios to reinforce your knowledge.

Exam topics covered

Overview of Hyperion Financial Management

• Explain financial reporting concepts
  
• Describe HFM structure and design concepts a high level

Creating Applications -- Profile and Metadata -- Classic

• Create an application profile and application
  
• Create the application profile
• Manage, Load and Extract metadata
• Build a Chart of Accounts
• Describe and specify values for commonly used properties
• Describe and specify values for commonly used application settings
• Describe and implement dimensionality

EPM Architect

• Explain advantages and disadvantages of using EPMA versus "classic" HFM
  
• Describe EPMA components
• Define and maintain dimensions using EPMA
• Create and maintain application using EPMA
• Deploy applications
• Use data synchronization to move data between EPMA-based applications   Data Loading and Analysis
• Load data into an application with native format files
• Load data into an application using alternative approaches
• Copy and clear data from HFM application

HFM Rules & Calculation Manager

• Create and maintain calculations in HFM
  
• Define and invoke subroutines
• Define and use variables
• Define and invoke functions

Creating and Building Lists

• Create member lists.
  
• Use member lists.
• Load and Extract member lists.

Shared Services

• Explain Security and Lifecycle Management
• Describe security structure (i.e. users/groups, roles, and classes) in HFM
• Provision users and groups
• Create and assign classes
• Manage users, groups and classes in a classic HFM application via extract/load
• Use Lifecycle Management Services to move artifacts from one application to another    

HFM Administration

• Copy classic HFM applications
  
• Perform application management tasks using the HFM Administration menu
• Implement process control
• Perform HFM tuning and optimization

HFM End User Basics

• Use task lists
  
• Use data grids
• Use data entry forms
• Use Journals.

HFM End User Advance Functions

• Implement intercompany reporting in HFM
  

Financial Reporting Studio

• Explain and use the basic features of Financial Reporting Studio
  
• Explain and use relationship functions in report creation
• Use end user report functionality and features

Supporting Tools of FM

• Financial Data Quality Management
  
• Other - Extended Analytics

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