Average Salary of a SAP FICO Consultant at TCS

The article provides insights into the salary of SAP FICO consultants at TCS. It explores the compensation packages offered to these professionals, shedding light on their earning potential within the company. The information presented will give readers an understanding of the financial rewards associated with working as a SAP FICO consultant at TCS.

Average Salary of a SAP FICO Consultant in TCS

As per Ambitionbox, the typical annual income for a SAP Consultant in TCS is INR 7.60 LPA. On average, they earn around INR 56,388 – 57,803 per month. The starting salary for entry-level SAP Consultants is approximately INR 3.60 LPA, while those with over seven years of experience can expect to make around INR 8.80 LPA. The highest recorded salary for a SAP Consultant in TCS reaches up to INR 14.3 LPA

SAP Consultants can find employment in various sectors, including both private and public organizations. Some of the prominent companies that hire SAP Consultants include Ernst & Young, Google, and Tata Consultancy Services. These companies offer a salary ranging from INR 7.40 LPA to 11 LPA. Additionally, government entities such as National Highways & infrastructure development, National Highways Authority of India, BHEL, Power Grid also provide opportunities for SAP consultants with salaries ranging from INR 6 LPA to 12 LPA.

SAP Consultants are highly sought after in both private and public sectors, including various government organizations. The demand for SAP software is significant, with its utilization being widespread among Fortune 500 companies.

Below is a list of leading employers who hire SAP consultants.

Salary of SAP Consultants: Job Profile-wise

The salary of SAP FICO Consultants in TCS may differ based on the specific job responsibilities they have. Here is a table that provides an overview of the salaries for different job profiles within this role.

The salary for SAP FICO consultants at TCS varies based on experience. For those with 0-5 years of experience, the average annual salary is around 5.50 Lakh INR. Consultants with 6-10 years of experience earn an average annual salary of approximately 8.40 Lakh INR. Those with 11-15 years of experience receive an average annual salary of about 10.90 Lakh INR, while consultants with 16-20 years of experience earn around 14.30 Lakh INR per year. For individuals who have more than 20 years of experience in this field, the average annual salary is approximately 20 Lakh INR.

Salary of SAP Consultants: Based on Experience

The level of experience is a significant factor in determining the salary of a SAP Consultant. As one gains more experience, their salary also increases significantly. A recent graduate can anticipate earning an initial salary of INR 3.60 LPA, while individuals with 5-6 years of experience can expect to earn approximately INR 6 LPA – 8 LPA.

The salary of a SAP consultant, depending on their level of experience, is presented in the table below.

The salary range for SAP FICO consultants in TCS varies based on their experience. For those with 0-5 years of experience, the average annual salary is around 5.50 Lakh INR. Consultants with 6-10 years of experience earn an average of 8.40 Lakh INR per year, while those with 11-15 years earn approximately 10.90 Lakh INR annually. The salary increases further for consultants with 16-20 years of experience, reaching an average of about 14.30 Lakh INR per year. Those who have more than 20 years of experience can expect to earn around 20 Lakh INR annually as SAP FICO consultants at TCS.

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SAP Consultant Salary: City-wise in India

The salary of a SAP Consultant in India can differ depending on the location. Generally, metropolitan cities tend to offer higher salaries compared to non-metropolitan cities. The table below provides information on the salary range for SAP consultants in various top cities across India based on their location.

The following table shows the average annual salaries (in INR) for SAP FICO consultants in various cities across India: Delhi – 6.80 L, Pune – 7.80 L, Bangalore – 7.50 L, Mumbai – 6.70 L, Chennai – 6.50 L, Kolkata – 7.30 L, Gurgaon – 9.50 L.

Is being an SAP Consultant the highest paying job?

The maximum salary that can be earned by a SAP Consultant in India is ₹16.0 Lakhs per year, which amounts to ₹1.3L per month. This indicates the potential for high earning opportunities in this profession. However, it is important to understand how the salary of a SAP Consultant changes with experience.

Typically, an Entry Level SAP Consultant with less than three years of experience earns an average annual salary of ₹4.9 Lakhs. This serves as a starting point for those entering the field and provides a benchmark for their initial compensation expectations.

As one gains more experience and expertise in the field of SAP consulting, there is usually an increase in salary over time. With each passing year and accumulated knowledge, professionals can negotiate higher salaries based on their skills and contributions to projects.

Furthermore, senior-level or highly experienced SAP Consultants who have been working in the field for over ten years often command even higher salaries ranging from ₹15-20 Lakhs annually or more depending on their reputation and track record.

SAP Consultant Salary: Skill-based Compensation in TCS

Skills also play a determining factor while calculating the salary of a SAP consultant. The candidates with these certification courses get an upper hand during their recruitment which also helps them in landing a high-paying job.

Below, we have listed the salary range for SAP FICO consultants in TCS based on their top skills.

The average annual salaries for various SAP skills in TCS are as follows:

– SAP Material Management: 5.60 L INR

– SAP Financial Accounting and Controlling: 6.88 L INR

– SAP ABAP: 7.27 L INR

– SAP Sales and Distribution: 7.56 L INR

– SAP Production planning: 6.06 L INR

– SAP Security: 5.72 L INR

Is the salary offered by TCS high?

The highest salary in TCS, which is a big company, is given to the CEO/MD/Director. They earn ₹116.2 Lakhs per year. This means they make a lot of money for their important role in leading the company.

There are also other employees who earn high salaries in TCS. The top 10% of employees earn more than ₹15 lakhs per year. This shows that there are many people in the company who are well-paid and have valuable skills or positions.

But even among these high earners, there is an elite group – the top 1%. These individuals make an impressive ₹30 lakhs or more per year! This indicates that there are some extremely successful and highly valued professionals within TCS who receive very generous compensation for their work.

SAP Consultant Salary in India: Country-wise

SAP Consultants are highly sought after both in India and internationally, with salaries that are significantly higher compared to those in India. The table below presents the top countries where SAP consultants are well-compensated for your information.

The average annual salaries for SAP FICO consultants in different countries are as follows: USA – 86.39 L INR, UK – 87.51 L INR, Australia – 69.04 L INR, Canada – 65.12 L INR, Germany – 62.67 L INR, Japan – 29.33 L INR, China – 39.27 L INR.

What is the starting salary at TCS?

The starting salary for new employees at Tata Consultancy Services (TCS) is ₹3,00,000 per year. However, the range of salaries for freshers at TCS varies significantly, ranging from ₹1,74,000 to ₹10,00,000 annually.

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List:

– The standard annual salary for newcomers at Tata Consultancy Services (TCS) is ₹3,00,000.

Skills Needed to Become a SAP Consultant

Having a strong set of skills is essential for anyone aspiring to become a SAP Consultant. The more skills one possesses, the higher the likelihood of securing a well-paying position. These skills not only enhance job prospects but also enable candidates to have a better understanding of their role. Here are some key skills that are highly valued in this field.

The skills required for a SAP FICO consultant in TCS include user interface testing, SAP implementation, knowledge of Microsoft Office, business strategy, good communication and presentation skills, ability to work under pressure, teamwork, and software knowledge.

What is the highest salary at TCS?

Frequently Asked Questions about TCS Salaries: According to employee ratings, the compensation and benefits package at TCS receives an average rating of 3.2 out of 5 stars. This indicates that employees generally find the overall remuneration satisfactory.

TCS offers various job positions with different salary ranges. Among them, the highest-paying job is that of a Technician, which pays approximately ₹30,02,50,000 per year (estimated). This position provides significant financial rewards and may be suitable for individuals seeking high earning potential within the company.

On the other hand, the lowest-paying job at TCS is that of a Service Engineer. The estimated annual salary for this role is ₹26,618. While this position may not offer as high a salary as others within TCS, it still provides an opportunity to gain valuable experience in engineering services.

Top Employers for SAP Consultants in India

Below is a list of leading employers in both the private and public sectors who hire candidates with varying levels of experience.

Here are some top companies in India that offer SAP FICO consultant positions:

– Tata Consultancy Services

– Capgemini

– Deloitte

– IBM

– HCL Technologies

– Tech Mahindra

– Ernst & Young (EY)

– NTT Data

– Larsen & Toubro Infotech

SAP Consultant Salary in TCS: Frequently Asked Questions

SAP FICO Consultants in TCS are experienced individuals who carry out various responsibilities.

Create a procedure for handling customer orders and payments, set up credit management strategies for business purposes, and produce instructional materials such as user manuals and technical guides.

Ques. What are the opportunities available after finishing a course related to SAP?

After finishing the SAP course, individuals have various opportunities available to them.

– Sales

– Advertising & Promotion

– Personnel Management

– Research & Innovation

What is the pay scale for a SAP Consultant once they have finished their undergraduate degree?

The typical salary range for a SAP Consultant in TCS is between INR 3.60 LPA to 4.10 LPA, which can vary based on factors such as experience level and the specific company they work for.

What skills are necessary to become a SAP Consultant?

To excel as an SAP Consultant, one must possess essential skills.

– Strong leadership skills

– Ability to work well in a team

– Proficient in SAP with deep knowledge

– Specialized expertise in SAP FICO

What certificate courses are necessary to become a SAP Consultant?

The necessary certification courses to become a SAP Consultant include:

Here are some certifications that a SAP FICO consultant in TCS may possess:

– SAP Certified Associate- SAP Activate Project Manager

– Certified SAP Business Suite 7 Professional

– Certified SAP Business Objects Business Intelligence Professional

– SAP ERP Manager Government Certification.

What is the maximum salary that a SAP Consultant can earn?

The top salary for a SAP Consultant in TCS is approximately INR 23 LPA.

What are the available career paths after obtaining a SAP certification?

After finishing the SAP course, there are various job opportunities available for individuals.

– Linux Programmer

– OBIEE consultant

– Cloud Architects

– SQL programmer

The length of a SAP course can differ depending on the area of specialization. The duration typically ranges from 30 days to 6 months, depending on the specific field of study.

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To acquire proficiency in software applications associated with SAP Modules.

Developing robust technical assistance.

Improving productivity within a company.

TCS SAP consultant monthly salary

The salary of a SAP FICO Consultant in TCS (Tata Consultancy Services) in India varies from ₹3.7 Lakhs to ₹15 Lakhs per year, with an average annual salary of ₹9.1 Lakhs. These figures are based on the latest salaries received from 686 employees working at TCS.

SAP FICO Consultants play a crucial role in implementing and maintaining the SAP Financial Accounting and Controlling module for businesses. They help organizations manage their financial processes effectively by configuring and customizing the SAP software according to their specific requirements.

In simple terms, a SAP FICO Consultant is responsible for ensuring that companies can accurately track their financial transactions, generate reports, analyze data, and make informed business decisions using the SAP system. They work closely with finance teams to understand their needs and provide technical solutions within the SAP platform.

– The salary range for a SAP FICO Consultant in TCS India is between ₹3.7 Lakhs to ₹15 Lakhs per year.

– On average, these consultants earn around ₹9.1 Lakhs annually.

– Their main role involves implementing and maintaining the SAP Financial Accounting and Controlling module for businesses.

– They help companies manage financial processes efficiently by configuring and customizing the SAP software.

– A key responsibility is ensuring accurate tracking of financial transactions, generating reports, analyzing data, and supporting decision-making within organizations using the SAP system

Salary of SAP consultant at Infosys

The average salary of a SAP FICO Consultant at TCS (Tata Consultancy Services) in India is around ₹8.5 lakhs per year for individuals with 1 to 10 years of experience. The salary range for SAP FICO Consultants at TCS can vary between ₹4 lakhs and ₹15 lakhs per year, depending on factors such as skills, expertise, and job performance.

Compared to the average salary of SAP FICO Consultants in India, which is approximately ₹7.1 lakhs per year, the salary offered by TCS is higher by about 20%. This indicates that working as a SAP FICO Consultant at TCS can be financially rewarding.

– Average Salary: Around ₹8.5 Lakhs per year

– Salary Range: Between ₹4 Lakhs to ₹15 Lakhs per year

– Higher than Average Salary in India: Approximately 20% more

Is there a high demand for SAP FICO?

The demand for SAP consultants has seen a significant surge in recent years, particularly with the introduction of S/4HANA and Fiori. These advancements have revolutionized the way businesses operate, making it essential for companies to adapt and upgrade their systems to stay competitive in the market. As a result, SAP FICO certification has become one of the top priorities for corporations across various industries.

SAP FICO (Financial Accounting and Controlling) is an integral module within SAP that focuses on financial management processes such as accounting, budgeting, asset management, and cost controlling. With businesses increasingly relying on technology-driven solutions to streamline their financial operations, there is a growing need for skilled professionals who can effectively implement and manage these complex systems.

As companies strive to optimize their financial processes using SAP FICO modules, they are actively seeking qualified consultants who possess both technical expertise and industry-specific knowledge. These consultants play a crucial role in analyzing business requirements, designing customized solutions based on organizational needs, implementing system configurations, conducting user training sessions, and providing ongoing support.

P.S: The rise in demand for SAP FICO consultants not only reflects the importance of efficient financial management but also presents lucrative career opportunities for individuals looking to specialize in this field. By acquiring relevant certifications and gaining hands-on experience with SAP implementations or upgrades like S/4HANA or Fiori projects; professionals can position themselves at the forefront of this thriving industry while enjoying attractive salary packages and growth prospects.