Exam MB-500: Microsoft Finance and Operations Apps Developer
The Microsoft Dynamics 365 Finance and Operations Apps Developer MB-500 exam is designed for Developers who work with Finance and Operations apps in Microsoft Dynamics 365 to implement and extend applications to meet the requirements of the business. Moreover, they provide fully realised solutions by using standardised application coding patterns, extensible features, and external integrations.
This exam is a stepping stone to become a Microsoft Certified Associate. This Preparatory Guide provides you all the necessary resources to clear the exam with flying colours.
About the Microsoft MB-500 exam
The Microsoft MB-500 exam prepares you to participate in the migration of data and objects from legacy and external systems, integration of Finance and Operations apps with other systems, implementation of application lifecycle management process, planning the functional design for solutions, and managing Finance and Operations environments by using Lifecycle Services (LCS).
Further, this exam validates your skills for-
- Developing business logic by using X++
- Creating and modifying Finance and Operations reports and workspaces
- Customizing user interfaces
- Providing endpoints and apis to support Power Platform apps and external systems
- Performing testing
- Monitoring performance
- Analyzing and manipulating data
- Creating technical designs and implementation details
- Implementing permission policies and security requirements.
Certification Details
By clearing the Microsoft MB-500 : Finance and Operations Apps Developer and MB-300: Core Finance and Operations you earn the Microsoft Certified: Dynamics 365: Finance and Operations Apps Developer Associate certification.
Exam Details: MB-500
Understanding the exam details and policies for the Microsoft MB-500 exam is important before commencing on with the preparations.
The Microsoft MB-500 exam questions can range between 40-60 in the format of type multiple-choice questions. Moreover, you are given a time duration of 120 minutes to attempt the exam. Additionally, the passing score is 70% and the Microsoft MB-500 exam cost is $165.
Target Audience: MB-500
The target audience for this exam are majorly the Developers who work with Finance and Operations apps in Microsoft Dynamics 365
Prerequisite for the MB-500 exam
To be eligible for the Microsoft MB-500 exam you must-
- Firstly, have deep knowledge and experience using the underlying framework, data structures, and objects associated with the Finance and Operations solutions.
- Secondly, have experience with products that include Visual Studio, Azure DevOps, LCS tools, or SQL Server Management Studio.
MB-500 Exam retake policy
Microsoft allows 5 attempts per year for a specific exam. The exam retake policy for Microsoft MB-500 Exam is as follows-
- If a candidate is not able to clear the exam in the first attempt, the candidate must wait at least 24 hours before retaking the exam.
- If a candidate does not clear the exam the second time, candidate must wait at least 14 days before retaking the exam a third time.
- A 14-day waiting period is also there for the fourth and fifth subsequent exam retakes.
Check: Microsoft Dynamics 365: Finance and Operations Apps Developer MB-500 Interview Questions
Cancellation and Reschedule Policy: MB-500
Microsoft allows free cancelling of the Exam within 24 hours prior to your scheduled appointment. However, if you fail to show up on your exam day without rescheduling or cancelling your exam, Microsoft reserves all rights to forfeit your entire exam fee. The rescheduling and cancellation of your scheduled exams can be done through the Certification Dashboard.
Exam FAQ : MB-500
To have a further knowledge about the exam policies and to clarify your doubts visit Microsoft MB-500 Finance and Operations Apps Developer.
Course Outline: MB-500
The Microsoft MB-500 exam covers the following 7 domains. Further these domains include various subtopics to provide you clarity about the exam concepts. Therefore, you must devote enough time to each of these domains while preparing for the exam.
Plan architecture and solution design (5-10%)
Identify the major components of Finance and Operation Apps
- Identify the Finance and Operations app modules required for a solution based on business requirements
- Identify architectural differences between the cloud and on-premises versions of Finance and Operations apps (Microsoft Documentation: Comparison of cloud and on-premises features)
- Identify components of the application stack
- Differentiate the purpose and interrelationships between packages, projects, models, and elements (Microsoft Documentation: Models and packages)
Design and implement a UI
- Describe the Finance and Operations UI layouts and components (Microsoft Documentation: Finance and Operations)
- Design the workspace
- Design and personalize user interface elements including grids, forms, and pages
- Define navigation elements including menus and menu items
- Configure filtering options (Microsoft Documentation: Filtering options)
Implement Application Lifecycle Management (ALM) and Microsoft Dynamics 365 Lifecycle Services
- Describe the capabilities of the environment monitoring tool within lifecycle services (lcs) (Microsoft Documentation: Lifecycle Services (LCS) user guide)
- Select the purpose and appropriate uses of Lifecycle Services tools and components (Microsoft Documentation: Lifecycle Services (LCS) for Finance and Operations apps customers)
- Research and resolve issues by using issue search (Microsoft Documentation: Fix problems)
- Identify activities that require asset libraries
- Prepare deployment packages and deploy packages between environments
Apply developer tools (5-10%)
Customize Finance and Operations apps by using Visual Studio
- Create extension models
- Design and build projects
- Manage metadata using Application explorer (Microsoft Documentation: Metadata)
- Synchronize data dictionary changes with the application database (Microsoft Documentation: Synchronize a new table or field with retail databases)
- Create elements by using the element designer (Microsoft Documentation: Element designers)
- Perform debugging activities
Manage source code and artifacts by using Microsoft Azure DevOps version control
- Create, check out, and check in code and artifacts (Microsoft Documentation: Check out and edit files)
- Branch and merge code
- compare code and resolve version conflicts (Microsoft Documentation: Resolve Team Foundation)
Design and develop AOT elements (15-20%)
Create and extend UI elements
- Add a new form to a project and apply a pattern (template) (Microsoft Documentation: Form styles and patterns)
- Configure a data source for the form (Microsoft Documentation: data source)
- Add a grid and grid fields, groups, and other controls to a form (Microsoft Documentation: grids)
- Create and extend menus and menu items
- Test form functionality and data connections (Microsoft Documentation: Build forms and optimize form performance in Finance and Operations apps)
- Add a form extension to a project for selected standard forms (Microsoft Documentation: Create a project and add labels to your form)
- Create and use label files
Create and extend the data model
- Create and extend tables
- Add table fields and field properties to a table
- Add field groups, relations, delete actions, methods, and indices
- Create and extend views, queries, and maps
Create Extended Data Types (EDT) and enumerations
- Add an EDT to a project and populate EDT properties (Microsoft Documentation: Modify extended data types (EDTs) through extension)
- Add an enumeration to a project (Microsoft Documentation: Project)
- Add or update enumeration elements and enumeration element properties (Microsoft Documentation: Use enumeration classes)
- Add an extension of EDTs and enumerations
Create classes and extend AOT elements
- Add a new class to a project (Microsoft Documentation: Add a class)
- Create a new class extension and add new methods (Microsoft Documentation: Class extension model)
- Add event handler methods to a class (Microsoft Documentation: Handling and raising events)
- Add attributes to a class
Develop and test code (20-25%)
Develop X++ code
- Identify and implement base types and operators (Microsoft Documentation: Types and members)
- Implement common structured programming constructs of x++ (Microsoft Documentation: Get started with development using X++)
- Create, read, update, and delete (CRUD) data (Microsoft Documentation: Provide CRUD (Create, Read, Update, Delete))
- Identify and implement global functions in x++ (Microsoft Documentation: X++ Functions)
- Implement table and form methods (Microsoft Documentation: Methods on Form Controls)
Develop object-oriented code
- Implement X++ variable scoping (Microsoft Documentation: X++ variables)
- Implement inheritance and abstraction concept (Microsoft Documentation: Inheritance)
- Implement query objects and the QueryBuilder class (Microsoft Documentation: ObjectQuery)
- Implement attribute classes (Microsoft Documentation: Attribute Class)
- Implement Chain of Command (CoC) and wrapper classes
- Implement event handler classes and delegates
Implement finance and operations app framework functionality
- Implement the SysOperation framework
- Implement the workflow framework
- Implement the batch framework
- Implement the SysExtensionSerializer
Perform testing
- Implement the Regression suite automation tool (RSAT)
- Perform unit/component testing using SysTest framework and Task recorder
- Perform testing using Acceptance Test Library (ATL) tool
Implement reporting (10-15%)
Describe the capabilities and limitations of reporting tools in Finance and Operations apps
- Create and modify report data sources and supporting classes (Microsoft Documentation: Create, Modify, and Delete Shared Data Sources (SSRS))
- Implement reporting security requirements (Microsoft Documentation: Partner security requirements for partners using Partner Center or Partner Center APIs)
- Describe the report publishing process
- Describe the differences between using Entity store and Bring your own database (BYOD) as reporting data stores
Design, create, and revise Dynamics reports
- Create and modify reports in Finance and Operations apps that use SSRS (Microsoft Documentation: Server Reporting Services (SSRS))
- Create and modify Finance and Operations apps reports by using Power BI (Microsoft Documentation: Power BI)
- Create and modify Finance and Operations apps reports by using Microsoft Excel (Microsoft Documentation: Build reports for Finance and Operations apps)
- Implement Business document management
Design, create, and revise Dynamics 365 workspaces
- Design and implement key performance indicators (KPIs) (Microsoft Documentation: Create key performance indicator (KPI) visualizations)
- Create drill-through workspace elements (Microsoft Documentation: Creating a Drillthrough Report)
- Implement built-in charts, Power BI embedded visualizations, aggregate measurements, aggregate dimensions, and other reporting components
Integrate and manage data solutions (15-20%)
Identify data integration patterns and scenarios
- Identify data integration patterns
- Select an appropriate data integration API (Microsoft Documentation: Integrate data)
- identify differences between synchronous vs. Asynchronous patterns
Implement data integration concepts and solutions
- Develop a data entity by using Visual Studio (Microsoft Documentation: Develop entities for data migration)
- Develop, import, and export composite data entities (Microsoft Documentation: Develop composite data entities)
- Consume external web services by using RESTful APIs and Simple Object Access Protocol (SOAP)
- Implement electronic reporting
- Implement custom services and Batch OData API
Implement data management
- Import and export data using entities between Finance and Operations apps and other systems (Microsoft Documentation: Data import and export jobs)
- Monitor the status and availability of entities
- Enable change tracking for entities (Microsoft Documentation: Enable change tracking for entities)
- Set up a data project and recurring data jobs (Microsoft Documentation: Recurring integrations)
- Design entity sequencing (Microsoft Documentation: Create and manage sequences)
- Generate field mapping between source and target data structures (Microsoft Documentation: Create custom target entities for the Data Import/Export Framework)
- Develop data transformations (Microsoft Documentation: Transform data)
Integrate with Microsoft Power Platform, Microsoft 365, and Azure
- Integrate Power Automate and Power Apps with finance and operations apps
- Integrate Microsoft Dataverse with finance and operations apps by using dual-write
- Integrate Microsoft Dataverse with finance and operations apps by using virtual entities
- Integrate finance and operations apps with Microsoft Excel by using OData
- Implement business events
Implement security and optimize performance (5-10%)
Implement security policies and requirements
- Create or modify duties, privileges, permissions, and roles (Microsoft Documentation: Create or modify a security privilege, duty, or process cycle)
- Enforce permissions policies (Microsoft Documentation: Manage app permission policies)
- Implement Extensible Data Security (XDS) policies
- Enforce Microsoft Entra ID authentication
Apply fundamental performance optimization techniques
- Identify and apply caching mechanisms for forms and tables
- Implement the global cache and singleton
- Create or modify temporary tables for optimization purposes
- Determine when to use set-based queries and row-based queries
- Modify queries to optimize performance
- Modify variable scope to optimize performance (Microsoft Documentation: Optimizing Orchestration Performance)
- Analyze and optimize concurrency (Microsoft Documentation: Memory and concurrency limits)
Optimize user interface performance
- Capture traces by using TraceParser and analyze traces
- Diagnose and optimize client performance by using browser-based tools
- Diagnose and optimize client performance by using Performance Timer (Microsoft Documentation: Performance timer)
- Optimize performance for data entities, data source queries, batch processes, and reports
- Implement Async and Sandbox framework
Preparatory Guide : MB-500
The key to successfully pass an exam is by preparing right. Preparations demand consistency and determination. There are plenty resources available, for your Microsoft MB-500 preparation. This preparatory Guide will offer you a close view of the available learning resources and steps to pass the exam.
Step 1- Refer the Exam Guide
Firstly, you need to go through the official guide of the Microsoft MB-500 exam. Familiarise yourself with all the objectives and course domains of the exam. Also, devote enough time to each topic and have in depth knowledge of the exam concepts. Further, tailoring your study focus around the course domains will expand your knowledge. The Official Microsoft MB-500 Study Guide acts as a blueprint for the exam. It contains information about all the exam policies and course outline. Hence, remember to refer the Official Guide while preparing for the exam.
Step 2- Learning Resources
There are plenty of Learning Resources available in the marketplace to aid your Microsoft MB-500 preparation. Microsoft also offers the following Learning Resources to support your journey towards the exam.
Learning Paths
Microsoft Learning Paths offer on-demand dynamic and interactive experiences to help you achieve your technical and professional goals faster. Microsoft Learn gamifies learning by enabling you to track progress, check knowledge, and validate deployments to earn points, levels, achievements, and trophies. They include bite sized modules to provide you expertise on the selected topic. The Learning Paths for Microsoft MB-500 exam are-
Introduction to developing with Finance and Operations apps
Build Finance and Operations apps
Extend Finance and Operations apps
Connect to Finance and Operations apps
Migrate data and go live with Finance and Operations apps
Instructor Led Training
Training is a must while preparing. Training courses provide hands on experience and practical knowledge about the exam. Such understanding is necessary while preparing for Microsoft MB-500 exam. The Instructor Led training course offers face to face training in real time. You get a chance to interact with the instructor and clarify your queries. Microsoft offers the following training course for the MB-500 exam-
Microsoft Dynamics 365: Finance and Operations Apps Developer
The Microsoft Dynamics 365: Finance and Operations Apps Developer is an Instructor Led Training Course focused on equipping you with the skills required to pass the MB-500 exam. This training course focuses on-
- Overview & Architecture
- Developer Tools
- Solution Design
- AOT Elements
- Code Development & Testing
- Data Migration
- Frameworks
- Integration
- Reporting
- Security and Performance
Step 3- Join a Community
Joining an online forum or study community is really beneficial for your preparations. You get to connect with your peers who are on the same journey towards this exam. Moreover, these online forums have healthy discussions time to time that help you expand your knowledge. Also given the multiple perspectives of various individuals and experts you get to learn from their expertise. Further, you can clarify your doubts as and when they arise all due to these online communities. Therefore remember to join an online study forum while preparing for your Microsoft MB-500 exam.
Step 4- Attempt Practice Tests
Analyzing your preparations is an important step in your journey. This can be on by self-evaluating your performance. Attempting Microsoft MB-500 practice exam tests is the key to check your knowledge and identify the areas that require improvement. Moreover, strengthening your weaker domains will help you crack the exam. Further, these tests familiarise you with the real exam environment. You get to practice your accuracy and speed. Additionally, attempting multiple practice tests will boost your confidence. Try outperforming yourself with each subsequent test and become a Microsoft Certified Associate. Start using Microsoft MB-500 practice exam tests now!
