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Premium File 302 Questions & Answers

Last Update: Nov 13, 2021

Training Course 49 Lectures

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MB-300 Exam Facts

Microsoft MB-300 is a certification test that is created to check the specialists’ knowledge of Finance and Operations applications. Moreover, this exam assesses the expertise of the individuals in extending applications by utilizing Microsoft Power Platform technologies. Besides that, the test checks their competence in setting the administrative features and workflows. Furthermore, it validates one’s proficiency in managing Finance and Operations data and supporting and validating the solution. Microsoft MB-300 is one of the exams for getting 2 certificates. One of them is Microsoft Certified: Dynamics 365 Supply Chain Management, Manufacturing Functional Consultant Associate. The second one is Microsoft Certified: Dynamics 365 Commerce Functional Consultant Associate. It is important to note that the professionals need to nail the additional tests to earn these certifications.

Requirements

The intended audience for this test is Functional Consultants. The applicants should possess proficiency in gathering and analyzing the business requirements (moreover, it is pretty important to have the skills in translating these requirements into the business solutions/processes, which implement industry recommended practices). Besides that, they should have the expertise in implementing core components and properties of Dynamics 365 Finance and Operations applications.

Exam Overview

MB-300: Microsoft Dynamics 365: Core Finance and Operations is a timed test with a 2-hour limit. To nail the exam, the applicants need to attain the passing score of 700 out of 1000. It may be aced in the Japanese and English languages. The registration fee is $165. The test consists of four subject areas. Below you can find their highlights:

Finance and Operations Applications

Within the first module, the applicants need to show their comprehension of apps in the Finance and Operations portfolio, main components of Dynamics 365 Commerce, uses cases for and capabilities of the workspaces and mobile workspaces. Besides that, they should possess the skills in performing searches, saving queries and views, and creating filters.

Configuration of Administrative Features and Workflows

This part focuses on using the security diagnostics tool, designing workflows, and configure workflow approvals, tasks, elements, and properties. Furthermore, this domain covers setting queues, workflow assignment hierarchies, workflow parameters. Besides that, it includes working with workflow versions and creating organization hierarchies. In addition, it checks the proficiency of the individuals in setting email, configuring and monitoring batch jobs, and setting up alerts.

Finance and Operations Data

For this section, the candidates should have knowledge of the usage options for the Data Management framework and usage options for projects, data entities, and templates. Moreover, they need to possess a comprehension of the usage options for the dual-write feature and general migration scenarios and tools in Finance and Operations applications. Furthermore, this subject area validates the expertise of the applicants in copying configuration data between legal entities or companies by utilizing the data management framework, generating field mapping among the source and target data structures, importing or exporting data by utilizing the data management framework, supporting transition between the migrated and existing systems, implementing the automation of data tasks, and performing test migration.

Solutions Support and Validation

The last topic of the exam is concerned with types of testing (these include end-to-end, functional, regression, and unit), capabilities of available testing tools, environment purposes and topologies, and environment types (these include test, production, and sandbox). Besides that, the specialists need to possess a comprehension of the usage options for project asset libraries and shared asset libraries. Furthermore, they need to understand the impacts of the Dynamics 365 One Version service updates on projects. In addition, they should have competence in tracking work items through the project implementation by utilizing Azure DevOps and creating test cases and plans by utilizing Azure DevOps.

Preparation Options

Once you understand the domains covered in the exam, you may move to the next steps of the preparation process. Below you can find some examples of study materials that you can consider:

Training Course

For instance, you can check the official instructor-led course. It concentrates on integrating Power BI with Dynamics 365 Finance and Operations applications and personalizing workspaces. Furthermore, it covers using operational workspaces, applying the security roles to the users, running and analyzing security reports, creating and using workflow for approval, and working with Organization Hierarchy and its purposes. Besides that, it focuses on using the personalization feature and using the Data Management workspace. It is important to note that the course has some prerequisites. First of all, the applicants should have a basic knowledge of Microsoft Windows. Furthermore, they should have the competence in using Dynamics 365 for Finance and Operations for basic processing. The training is available in English only. The duration is 2 days.

Learning Paths

If you prefer to study on your own, you can consider the official learning paths. There are several paths for the Microsoft MB-300 test. First of all, there is one path that focuses on Finance and Operations applications and how they can support a business to manage its global financial systems and operational business processes along with the streamlined supply chains to empower people to make informed, fast decisions. At the same time, there is a learning path that covers setting up legal entities, implementing security settings, personalizing the user interface for the users. In addition, it includes designing and building mobile applications and implementing common integrations. Moreover, you can find one that concentrates on preparing customer’s data for migration, working with data management, and performing user acceptance testing to go live with Finance and Operations applications.

Career Opportunities

As mentioned above, those candidates who ace Microsoft MB-300 can obtain two certificates. At the same time, to get the Microsoft Certified: Dynamics 365 Supply Chain Management, Manufacturing Functional Consultant Associate certification, you need to pass the Microsoft MB-320 exam as well. In the case of the Microsoft Certified: Dynamics 365 Commerce Functional Consultant Associate certificate, you have to complete the Microsoft MB-340 test. The main job role that aligns with these certifications is a Functional Consultant. According to the information from the ZipRecruiter website, the average compensation for this position is $90,000 per year.

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