Exam MB-500: Microsoft Dynamics 365 – Finance and Operations Apps Developer

Passing the Exam MB-500: Microsoft Dynamics 365: Finance and Operations Apps Developer demonstrate your expertise in providing solutions using standardized application coding patterns, extensible features, and external integrations. It is essential that candidates have deep technical knowledge and experience that is related to the underlying framework, data structures, and objects associated with finance and operations solutions. Also, Visual Studio, Azure DevOps Lifecycle Services (LCS) tools, Postman, GitHub, Microsoft 365, and SQL Server Management Studio are among the products that you should possess for successfully passing this exam.

Exam Details

Exam Name Microsoft Dynamics 365: Finance and Operations Apps Developer	Exam Code MB-500
Exam Duration 120 mins	Exam Format Multiple Choice
Exam type 0	Number of Questions 40-60 Questions
Eligibility/Prerequisite 0	Exam Fee $165 USD
Exam Language English	Pass Score 700 (on a scale of 1-1000)

Schedule Your Exam

Follow the steps below to schedule your Microsoft certification exam –

Go to the Microsoft portal, to register yourself
Click on “Schedule Exam” to schedule an exam date at your convenience
Fill in all your details asked on the next page that appears
Select the exam delivery option on the Pearson VUE page
Pay your exam fees. You have successfully registered for the MB-500 Exam

Exam Retake Policy

If anyhow you are not able to achieve a passing score in the Microsoft MB-500 exam. However, you will have to wait for a minimum of 24 hours before you become eligible for a retake. Failure in the second attempt will result in a waiting time of 14 days before rescheduling your third attempt. The waiting period for the fourth and fifth attempts will also be 14 days. All candidates are allowed a maximum of five attempts per year.

Exam Cancellation Policy

Microsoft offers candidates to cancel or reschedule their exams within a minimum of 24 hours prior to the exam date. However, to prevent any cancellation fee, you must cancel or reschedule your exam, at least 6 business days prior to the date scheduled for your exam. Also, if you fail to appear in the exam, you will not receive any refund of the fee.

Recertification Policy

Microsoft certification is expected to expire when the products are out of mainstream support although the person’s certificate will be recognized.

Exam Result

Right after successfully completing your Exam MB-500: Microsoft Dynamics 365: Finance and Operations Apps Developer, you will be notified of your pass or fail status within a few minutes of completing your exam. Also, printed reports providing your exam score and feedback on your performance will also be provided to you. Your score will be forwarded to Microsoft within five business days.

Note – If you are able to clear the beta exam, you will earn Microsoft credit for that exam and will also receive a resulting certification. Moreover, you are not required to retake the exam in its live version after clearing its beta version.

For More Details See: Exam MB-500: Microsoft Dynamics 365: Finance and Operations Apps Developer FAQ

Course Outline – Exam MB-500: Microsoft Dynamics 365: Finance and Operations Apps Developer

The Exam MB-500: Microsoft Dynamics 365: Finance and Operations Apps Developer covers the following domains:

Plan architecture and solution design (5-10%)

Plan for the major components of finance and operations apps

Differentiate between the cloud and on-premises versions of finance and operations apps
Reference the key models of the application stack

Implement application lifecycle management (ALM) and Lifecycle Services

Manage environments by using Lifecycle Services tools and components
Research and resolve issues by using Issue Search
Perform activities that require asset libraries
Prepare deployment packages and deploy packages between environments
Manage the code upgrade process from previous versions

Apply developer tools (10-15%)

Customize Finance and Operations apps by using Visual Studio

Create and manage 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)
Choose a version control system
Implement continuous integration and continuous delivery (CI/CD)

Design and develop AOT elements (15-20%)

Create and extend UI elements

Add a new form to a project and apply a pattern (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 and extend data entities

Create classes and extend AOT elements

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 or modifiers to a class

Develop and test code (15-20%)

Develop X++ code

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)
Resolve best practice warnings

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)
Implement event handler classes and delegates

Implement finance and operations app framework functionality

Implement the SysOperation framework
Implement the workflow framework
Implement the SysExtensionSerializer

Perform testing

Create unit testing using the SysTest framework and Task recorder
Run unit tests in Test Explorer

Implement reporting (10-15%)

Select 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)
Deploy or publish reports
Differentiate between using Entity store and Bring your own database (BYOD) or Azure Data Lake as reporting data stores

Design, create, and revise Dynamics 365 reports

Determine when to use a specific reporting tool or platform
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)
Create and modify finance and operations apps reports by using Electronic Reporting (ER)

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%)

Evaluate data integration patterns and scenarios

Contrast data integration patterns
Select an appropriate data integration API (Microsoft Documentation: Integrate data)
Differentiate between synchronous and asynchronous patterns

Implement data integration concepts and solutions

Consume external web services by using RESTful APIs and Simple Object Access Protocol (SOAP)
Implement electronic reporting integrations
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)
Import and export data using composite and aggregate data entities
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 Azure Key Vault

Implement security and optimize performance (10-15%)

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 performance

Capture traces by using TraceParser and analyze traces
Optimize performance for data entities, data source queries, batch processes, and reports
Implement the Async and Sandbox frameworks
Create or modify indexes for tables and views

Preparation Guide for Exam MB-500: Microsoft Dynamics 365: Finance and Operations Apps Developer

Get Familiar with the Exam Objectives

It’s helpful to read the course outline before taking the exam so you know what to expect. The course will also teach you how to manage your time, determine what you need to accomplish, and how to accomplish it. Throughout the course, you should regularly check the official website to stay updated on any changes. In Exam MB-500, the following topics are covered:

Plan architecture and solution design (5-10%)
Apply developer tools (10-15%)
Design and develop AOT elements (20-25%)
Develop and test code (10-15%)
Implement reporting (10-15%)
Integrate and manage data solutions (10-15%)
Implement security and optimize performance (10-15%)

Instructor-led Training – Microsoft Dynamics 365: Finance and Operations Apps Developer

The aim of this course is to provide you with the skills you need to fulfill the role of an application developer with Dynamics 365 Finance and Operations. It is the Dynamics 365 for Finance and Operations (FO) developer’s role to implement and extend the application in order to meet business needs.

Microsoft Learning Paths

To help you achieve your technical and professional goals faster, Microsoft Learning Paths offer dynamic and interactive online experiences. You can earn points, levels, achievements, and trophies through Microsoft Learn by tracking progress, assessing knowledge, and validating deployments. A series of bite-sized modules provides you with knowledge of the topic chosen. The Learning Paths for the Microsoft Exam MB-500 exam are as follows:

Microsoft Press Books

Reference books provided by Microsoft can be helpful when studying for the exam. During the study process, these books contain many useful resources. Microsoft Press books will help you break through the exam and earn your certification by giving you a deeper understanding of the exam objectives.

Join Microsoft Community/ Online Forum

It is always beneficial to have a healthy discussion, no matter where it takes place. A resolution to an issue is more likely to be achieved when more people are involved. Diversity of viewpoints also contributes to the dynamic of the content. Studies become more comprehensive as a result of these discussions. We can build a sense of community through forums, and we can learn more about each other by participating.

Practice Tests

You can benefit greatly from a practice run or two no matter how you prepare for Exam MB-500: Microsoft Dynamics 365: Finance and Operations Apps Developer. When you diversify your study strategy with practice tests, you will have the best results on your actual test. Analysis of your answers will also help you determine whether you align with the exam objectives.