This paper aims to analyse whether acquisition of students’ generic competences has been influenced by Covid-19 pandemic in an online higher education environment. In order to analyse these effects we present an empirical study to know the influence of Covid-19 pandemic in generic competences of business and economics students. A quantitative analysis is conducted in a sample of 221 students from the online bachelor’s degree programme on Business and Economics at the Universitat Oberta de Catalunya. The analyses show that the achievement of most part of competences has been affected by the pandemic, but in different levels. Moreover, the analyses also show which competences are affected in higher levels and which one in lower levels. Moreover the study analyses the possible differences depending on whether the students were at the beginning of the studies or at the end. The key finding is the effect of Covid-19 pandemic on generic competences, which creates an opportunity to undertake actions to address the lowest achieved and to generate strategies in order to adapt to this new situation.