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Financial Management

They Asked for Finance for Non-Finance. We Discovered They Needed Finance for R&D.

How Beacon transformed a standard Finance for Non-Finance request into a customized financial management program for pharmaceutical R&D.

18 Managers 2 Days / 12 Hours Face-to-Face 4.55/5 rating
Industry
Pharmaceuticals & Clinical Research
Audience
Managers with pharmaceutical backgrounds
Participants
18 Managers
Delivery
Face-to-Face
Duration
2 Days / 12 Hours
Focus
Financial Management · R&D Costing · Budgeting · Investment Decisions

01 Challenge

A leading Egyptian pharmaceutical group with a diversified presence across pharmaceutical manufacturing, healthcare, and clinical research engaged Beacon FinTrain to strengthen the financial capabilities of its R&D teams.

The organization needed to make finance more relevant to the decisions its teams encounter in their work, particularly around R&D project costs, budgeting, resource allocation, financial performance, and investment decisions.

The challenge was to move beyond general finance fundamentals and create a learning experience connected to the realities of a pharmaceutical R&D environment.

02 Approach

Beacon FinTrain designed and delivered a 12-hour Financial Management Strategies workshop for 18 managers with pharmaceutical backgrounds, delivered over two days in a classroom setting.

What the Program Focused On

The program focused on three key areas:

  1. 01

    Financial Performance

  2. 02

    R&D Costing

  3. 03

    Strategic Planning & Budgeting

How Participants Applied the Learning

Rather than relying only on theory, participants worked through practical scenarios, including:

Financial Health Assessment

A practical exercise in reading an organization’s financial performance signals.

Clinical Trial Costing Simulation

Working through the real cost structure of an R&D project.

CapEx Committee Role Play

Practicing how an investment decision is evaluated.

Why the Approach Mattered

These activities helped participants apply financial concepts to situations relevant to pharmaceutical R&D, from calculating project costs to evaluating investment decisions.

03 Results

Participants found the learning experience relevant, practical, and applicable to their roles.

100%

Attendance

4.55/5

Overall Participant Evaluation

Participant Evaluation Breakdown

4.64/5

Relating to the instructor’s examples & real-life experience

4.55/5

Applying the learning to their jobs

4.45/5

Gaining knowledge and skills relevant to their roles

The result was a focused learning experience that connected financial management with the realities of pharmaceutical R&D, giving participants a more practical understanding of the financial side of their work.

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