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The first resource that you should use is the skills outline. This official document will tell you a lot about the exam and its objectives. If you visit the Microsoft website, you will also find various learning paths. They will give you a lot of knowledge and experience with the technologies. There are several learning paths that you can choose from and they are as follows:

• Build Finance and Operations Apps
• Introduction to Developing with 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

After that, you can take the instructor-led training courses, and as the name suggests, they are taught by the certified instructors. These tutors will explain every exam topic in a lot of detail and it will prove to be quite helpful. These courses will also give you a chance to interact with the trainers so that you can ask questions in case you face difficulties.

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Skills Tested in Microsoft MB-500 Exam

The candidates who want to obtain the passing score in MB-500 test from the first attempt should demonstrate the following skills:

• Solution design and architecture planning

  Within this topic, the candidates will learn how to identify the essential components of Dynamics 365 Chain Management for Supplies and Dynamics 365 Finance. Therefore, they should know how to identify the architectural differences between Finance and Operations apps in the cloud or on-premise. Also, examinees should demonstrate a strong ability to prepare the deployment package as well as identifying application stack components together with mapping them to the standard models. Another subtopic included in this section is related to the implementation and design of the user interface. For example, the exam-takers will find questions related to page option selection or filtering option identification. Finally, the candidates should develop skills related to Application Lifecycle Management implementation such as creating extension models or configuring the DevOps source control process.

• Reporting implementation

  The Microsoft MB-500 exam evaluates the candidates' skills in describing the limitations and capabilities that Dynamics 365 FO reporting tools have. For instance, the candidates should demonstrate that they can implement reporting security requirements or describe the report publishing process. Also, they should be able to describe Electronic reporting (ER) tool capabilities and know the differences between bringing your own database (BYOD) and using the entity store. Finally, the exam-takers should demonstrate that they can create, design, and revise Dynamic Reports and workspace with a focus on SSRS, KPIs, and built-in charts.

• AOT elements development and design

  This topic covers the highest percentage of the exam questions. The candidates should demonstrate that they can create forms as well as extending tables. For example, they will receive tasks related to adding tables and populating them with the proper field properties. Another subtopic included in this section is related to Extended Data Types and enumeration creation together with AOT elements extension and class creation. Particularly, here, you'll come across such terms as field properties, data connections, enumeration elements, event handler methods, and EDT properties.

• Data solutions management and integration

  This section focuses on identifying data integration scenarios. Therefore, the applicants should get the necessary experience to select the right data integration capabilities and quickly identify the difference between asynchronous and synchronous scenarios. Another topic included in this portion enlightens candidates on data integration solutions and concept implementation. Thus, they should know how to develop, import, and export composite or unmapped fields in data entities. Last but not least, applicants should be familiar with data management implementation by enabling the Entity Change Tracking.

• Performance optimization and security implementation

  Within this chapter, the candidates should demonstrate how skilled they are in implementing role-based security requirements and policies. For example, they should become able to enforce permission policy and use Extensible Data Security to implement record-level security. Besides, the examinees should know how to use optimization techniques to apply fundamental performance. This means that they will learn how to apply and identify catching mechanisms or modify queries to ensure the highest level of optimization. The last subtopic included in this scope details optimizing user interface performance.

• Test code and development

  Within this area, the candidates should become skilled in developing X++ code. So, they should be experienced in implementing and identifying base types and operators. Also, the candidates will need to demonstrate their expertise in identifying and implementing global functions in X++ and ensuring correct usage of Display Fields. The second category included in this chapter focuses on object-oriented code development. With it, for example, the exam-takers should get to know how to implement concepts related to inheritance and abstraction concepts or know how to use QueryBuilder and query objects.

• Developer tools application

  The candidates will leverage their chances to pass the Microsoft MB-500 exam if they can use Visual Studio features to customize Finance and Operations apps. For instance, they should know how to use Application Explorer to manage metadata or synchronize data dictionary changes with the help of the application database. Within this topic, the candidates will also need to demonstrate that they can manage artifacts and source code with the help of version control. Thus, they should be able to compare code and resolve version conflicts. The third subtopic included in this chapter is related to the implementation of the Finance and Operation apps framework and ensures the highest level of functionality. For instance, the test-takers should be familiar with SysOperations, workflow, or asynchronous framework implementation.

Reference: https://docs.microsoft.com/en-us/learn/certifications/exams/mb-500?wt.mc_id=learningredirect_certs-web-wwl

Exam Details

There are a few important things that you should know before you take the Microsoft MB-500 exam. The test is 120 minutes long, and within this allocated time, the candidates will have to attempt 40 to 60 multiple-choice questions. This means that you will have about 2 minutes for each question. The exam is available in English and costs $165. In order to complete the test successfully, the students need to get the passing score of at least 700 points on a scale of 1000.

The retake policy for this Microsoft exam is quite simple. Each candidate has up to 5 attempts within a year, and if they are unable to pass the test in those tries, they won’t have any more chances. If you fail the exam at the first attempt, you will have to wait 24 hours before you can retake it. If you are still unable to pass the test for the second time, you will have to wait 14 days before you can have another go. The waiting time is the same for the fourth and fifth attempts as well. As for the cancelation process, the applicants need to cancel their exam at least 24 hours before their appointment.