Sunday's 2-0 loss to Manchester City ensured that Wolves were relegated from the top flight of English football, but Berra claims that the team are plotting a quick return.
The former Hearts player told the Daily Star: "The aim is to get back in the Premier League as quickly as possible and try to win the Championship.
"They'll probably freshen the squad up, but it's up to us to come straight back up.
"It's easier said than done, but that's the main aim for the club. You see a lot of teams go down - look at West Ham - and it's not easy to come up."