Billing/collection manager education requirements

Updated January 8, 2025

4 min read

There are several educational requirements to become a billing/collection manager. Billing/collection managers usually study business, accounting, or health care administration. 48% of billing/collection managers hold a bachelor's degree, and 22% hold an associate degree. We analyzed 1,192 real billing/collection manager resumes to see exactly what billing/collection manager education sections show.

The most common colleges for billing/collection managers are the University of Phoenix and the University of Phoenix.

There are also many online billing/collection manager courses to help get the education required to be a billing/collection manager.

There are certain billing/collection manager certifications that you should consider. These billing/collection manager certifications include Certified Billing and Coding Specialist (CBCS) and Certified Medical Office Manager (CMOM).

What education do you need to become a billing/collection manager?

What degree do you need to be a billing/collection manager?

The most common degree for billing/collection managers is bachelor's degree, with 48% of billing/collection managers earning that degree. The second and third most common degree levels are associate degree degree at 22% and associate degree degree at 12%.

Bachelor's, 48%

Associate, 22%

High School Diploma, 12%

Master's, 7%

Other Degrees, 11%

What should I major in to become a billing/collection manager?

You should major in business to become a billing/collection manager. 39% of billing/collection managers major in business. Other common majors for a billing/collection manager include accounting and health care administration.

Business, 39%

Accounting, 14%

Health Care Administration, 9%

Management, 5%

Other Majors, 33%

Most common colleges for billing/collection managers

Billing/collection managers often get their degrees at University of Phoenix, Miami Dade College, and South University. Here are the most common colleges for billing/collection managers in the US based on their resumes.

Billing/collection manager common college	Percentages
University of Phoenix	31.63%
Miami Dade College	9.18%
South University	7.14%
St. Petersburg College	5.10%
Temple University	4.08%

Show more common billing/collection manager colleges

Best majors for billing/collection managers

Rank	Major	Percentages
1	Business	38.9%
2	Accounting	13.9%
3	Health Care Administration	8.5%
4	Management	4.6%
5	Finance	4.0%

Show more common billing/collection manager majors

Best colleges for billing/collection managers

The best colleges for billing/collection managers are Northwestern University, University of Pennsylvania, and Stanford University.

A billing/collection manager with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for billing/collection managers. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become billing/collection managers.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

3. University of Southern California

Los Angeles, CA • Private

In-state tuition

$56,225

Enrollment

19,548

4. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

5. SUNY Stony Brook

Stony Brook, NY • Private

In-state tuition

$9,625

Enrollment

17,407

6. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

7. New York University

New York, NY • Private

In-state tuition

$51,828

Enrollment

26,339

8. Maria College of Albany

Albany, NY • Private

In-state tuition

$15,140

Enrollment

876

9. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

10. Howard University

Washington, DC • Private

In-state tuition

$26,756

Enrollment

6,166

20 best online courses for billing/collection managers

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Learn The Accounts Receivable Cycle, Basics of Accounts Receivable, Accelerating Collections and Much More...

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Masterclass: Learn Accounting Principles, Financial Statements, Transactions & More in this Comprehensive Course...

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In this course, we learn how public accountants plan and execute an audit...

6. ICD 10 & 11 Medical Coding and Billing

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Top 10 most affordable universities for billing/collection managers

The most affordable schools for billing/collection managers are Baruch College of the City University of New York, suny farmingdale, and california state university - dominguez hills.

If the best universities for billing/collection managers are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for billing/collection managers.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

3. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

4. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

5. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

6. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

7. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

8. California State University - Los Angeles

Los Angeles, CA • Private

In-state tuition

$6,749

Cost of attendance

14,823

9. Clayton State University

Morrow, GA • Private

In-state tuition

$5,419

Cost of attendance

17,697

10. SUNY Polytechnic Institute

Utica, NY • Private

In-state tuition

$8,238

Cost of attendance

21,567

Top 10 hardest universities to get into for billing/collection managers

The hardest universities for billing/collection managers to get into are Northwestern University, University of Pennsylvania, and Stanford University.

Some great schools for billing/collection managers are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for billing/collection managers based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Northwestern University

Evanston, IL • Private

Admissions rate

SAT average

1,508

2. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

SAT average

1,492

3. Stanford University

Stanford, CA • Private

Admissions rate

SAT average

1,497

4. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

5. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

6. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

7. Vanderbilt University

Nashville, TN • Private

Admissions rate

10%

SAT average

1,514

8. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

9. University of Rochester

Rochester, NY • Private

Admissions rate

29%

SAT average

1,422

10. Carnegie Mellon University

Pittsburgh, PA • Private

Admissions rate

17%

SAT average

1,507

Top 10 easy-to-apply-to universities for billing/collection managers

The easiest schools for billing/collection managers to get into are D'Youville College, gwynedd mercy university, and mount saint mary's university.

Some schools are much easier to get into. If you want to start your career as a billing/collection manager without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for billing/collection managers.

1. D'Youville College

Buffalo, NY • Private

Admissions rate

100%

SAT average

1,072

2. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

3. Mount Saint Mary's University

Los Angeles, CA • Private

Admissions rate

84%

SAT average

1,031

4. Felician University

Lodi, NJ • Private

Admissions rate

81%

SAT average

999

5. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

6. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

7. Oregon Institute of Technology

Klamath Falls, OR • Private

Admissions rate

96%

SAT average

1,139

8. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

9. Holy Family University

Philadelphia, PA • Private

Admissions rate

72%

SAT average

1,017

10. Saint Joseph's College of Maine

Standish, ME • Private

Admissions rate

84%

SAT average

1,069

Average billing/collection manager salary by education level

According to our data, billing/collection managers with a Doctorate degree earn the highest average salary, at $100,753 annually. Billing/collection managers with a Master's degree earn an average annual salary of $95,287.

Billing/collection manager education level	Billing/collection manager salary
Master's Degree	$95,287
High School Diploma or Less	$64,283
Bachelor's Degree	$81,833
Doctorate Degree	$100,753
Some College/ Associate Degree	$64,274

Billing/collection manager education FAQs

What is the best college for Billing/Collection Managers?

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Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Updated January 8, 2025

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