Finance for non-financial managers in the pharmaceutical industry

Course Objectives:

Are you confused by company financial reports and find yourself out of your depth at important strategy meetings?

No longer just the job of the financial director, it is becoming increasingly important for ALL pharmaceutical professionals to be more commercially minded and financially savvy, whether you work in R&D, manufacturing, sales or marketing.
This 2-day course will give you a firm grasp of the financial terms and business models used in the pharmaceutical industry, referring to specific examples and case studies where appropriate. Key topics covered include: reading and interpreting balance sheets, understanding pharmaceutical business models, appreciating the importance of cash flow and identifying financial indicators.

• Understand the terminology and language of financial accounts and increase your confidence when working with other departments
• Increase your knowledge of financial analysis and how it relates to the pharmaceutical industry
• Return to your business more financially aware
• Effectively interpret financial accounts and identify
  early indicators of financial performance
• Learn how to manage and measure cash flow to
  improve commercial success