Online Certificate in Wine Industry Finance & Accounting

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Accepting Applications for Summer 2022

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Program Overview

The Online Certificate in Wine Industry Finance & Accounting provides an overview of financial and accounting concepts that enables you to make better business decisions and advance your career.  Taught by wine industry professionals in the finance and accounting fields, students explore key wine-specific accounting concepts and principals, and financial strategy, planning, and management for wine businesses.

Who Should Enroll:

  • Wine industry professionals with limited experience in finance and accounting can take these courses to gain practical knowledge and financial literacy skills. 
  • Finance and accounting professionals can take these courses to expand and deepen their knowledge of best practices in finance and accounting for the wine industry or to earn CPE credits towards maintaining CPA licensure.

Certificate Structure, Fees & Schedule

Submit your application for the Summer 2022 cohort by April 15, 2022.

  • Three Required Courses- 20 weeks
    • BUS 859W - Foundations: Best Practices of Wine Industry Accounting 
      • Offered Once per year (Typically May)
      • 8 weeks
      • 9.6 CPE credits
    • BUS 847W  - Advanced: Financial Management and Strategy for Wine Businesses 
      • Offered Once per year (Typically August)
      • 8 weeks
      • 9.6 CPE Credits
    • BUS 858W  - Focus: Cost Analysis for Wine Business Master Course 
      • Offered once or twice a year
      • 4 weeks
      • 4.7 CPE Credits
      • Cost Analysis course is recommended but any 4 week Master course will qualify for the Focus course
  • All courses delivered online
  • 4-6 hours weekly commitment
  • 1-hour weekly live webinars
  • Recorded Webinars
  • Non Credit Courses
  • Eligible for CPE Credits
  • Certificate cost is $2,995
    • Each 8 week course is $1,100
    • Each 4 week course is $795

Curriculum Requirements

Students in the online Certificate in Wine Business Management complete 20 weeks of courses. Three required Courses Foundation (8 weeks), Advanced (8 weeks) and 4 weeks of Elective courses. Cost Analysis is the recommended elective course for this certificate but any 4 week Master course can be taken in place of the Cost Analysis course. There is no time limit to complete the certificate program. Average time to complete is 12 months. 

How To Register

All applicants must apply through this web page. Required items for a complete application are answers to all required questions on the application plus a current resume/CV. All accepted students will receive an email from the program coordinator with the registration links for the Foundation level course. Once you advance to the next levels by passing each course with a C or better, you will receive emails with registration links to another email with your eligible courses. 

Estimated Cost

The cost of this program ranges is $2,995. Payment is made at the time of registration, so your payments will be spread out over the three. 

Join the Next Cohort

*Fees listed are for the current academic year and are subject to change without notice.

*Students may be eligible for Intermediate and Advanced placement with prior wine industry experience. Please email program coordinator to inquire about eligibility. 

Courses & Topics Covered
Foundation: Best Practices of Wine industry Accounting

This course provides an introduction to general accounting principles and financial concepts, as well as financial best practices relevant to the wine industry. Revenue management and cost accounting will be also be explored. Course concepts will be examined and explored through the lens of the wine industry.

Topics Covered:

  • Accounting Processes
  • Financial Analysis and Planning
  • Key Performance Measurements
  • Understanding Accounting Concepts and Financial Statements
  • Calculating Financial Ratios for Business Initiatives
  • Budget Planning
  • Creating a Product Price Structure 
  • Cost Accounting Principles
  • Determining Appropriate Key Performance Indicators
Advanced: Financial Management & Strategy for Wine Business

This course provides an advanced financial management toolkit for wine businesses and professionals. Students will learn about financial issues relevant to companies in the wine industry, creating successful business models to all financial and accounting issues and strategies critical to the successful operation of wine businesses.

Topics Covered:

  • Business Valuations
  • Financial Planning and Analysis 
  • Compliance and Regulation
  • Taxation Issues
  • Management of Expenses and Revenue Models
  • Crafting Successful Business Models
  • Financial Forecasting
Focus Course-Cost Analysis for Wine Business

By helping students develop an accurate understanding of the true costs of their product this course will enable students to build sustainable and profitable pricing strategies for various wine business models. Upon completion of this course students will understand the basic differences between various cost accounting methods and be able to calculate cost of goods sold.

Topics Covered:

  • Cost Accounting Methods
  • Pricing Strategies
  • Margin Analysis
  • Inventory Tracking