Online Certified in Finance & Economics

The WHU Online Certified in Finance & Economics Program will provide you with the necessary knowledge, skillset, and tools to make financial decisions.

The program consists of the following online courses: Managerial Finance, Financial & Management Accounting, The World Economy, Corporate Finance, Economics of Corporate & Competitive Strategy.

To receive a certification, you must participate in four of five courses and successfully pass each course’s examination. The certificate grants 10 ECTS credits (16% of an MBA).

Before starting the Online Certified in Finance & Economics we highly recommend taking part in the math pre-course to update your knowledge in this field. This course requires 14 h of self-study within the timeframe of max. 6 weeks. For more information, please contact us directly.

Managerial Finance

• Understand the basics of neoclassical economics and behavioral economics
• Be familiar with the basic tools needed to objectively assess investment projects
• Understand how financial risks can be managed and measured

Financial & Management Accounting

• Being able to define a suitable corporate financial top-down objective
• Realize the key steps and ingredients of the budgeting process
• Understand the structure, functions, and interrelation of the basic financial statements (balance sheet, income statement, and cash flow statement)
• Be able to perform a structured fundamental analysis of financial statements in order to assess a firm’s profitability, liquidity, and solvency

The World Economy

• Understand the main drivers behind the globalization of markets and players
• Elaborate on the role of international institutions in trade conflicts
• Describe different forms of regional economic integration
• Learn about the costs and benefits of a monetary union
• Differentiate crisis prevention and crisis management

Corporate Finance

• Derive the relationship between an enterprise’s stock price and the cost of equity
• Develop the necessary practical skills to estimate the cost of capital of an enterprise
• Understand the impact of financial leverage, tax, and financial distress on the cost of capital
• Learn about financing sources for corporations and equity financing

Economics of Corporate & Competitive Strategy

• Understand how enterprises can create value and position themselves within the arena of markets
• Analyze where and when to compete, in particular how to distinguish attractive from unattractive markets
• Examine how changes in economic or industry conditions affect business strategy

Expand your professional network at one of the most renowned German business schools and become part of an active network of peers and experts at WHU.

This program is targeted at young and middle management talents who have an educational background in other fields and would like to acquire a solid knowledge in finance and economy. This program suits participants who would like to develop further and get an overview of the financial side of business.

Admission requirements: To apply for this program, a proof of a Bachelor or equivalent first degree is necessary. Furthermore, participants are expected to have a minimum of two years of professional experience. Please note that applications need to be handed in at least 6 weeks before the start of the first chosen module.

The exact admission requirements can be found in the Certificate Regulations.