No. It's sim time. Nothing more. And making contacts takes a long time.
I did the SimuFlite version in college. Met several people, made some contacts, got a few trips out of it. It's good experience and an easy way to get into a turbine aircraft and get some varied experience.
Not sure how FSI does it, but at SimuFlite you got the 8410 straight out of initial depending on your instructor and a PIC type after 80 sim sessions.