Collection Analyst Education Requirements And Courses

Collection analyst education requirements

Updated January 8, 2025

2 min read

Usually, collection analysts don't need a college education. The most common degree for collection analysts is bachelor's degree with 55% graduates, with only 22% collection analyst graduates earning associate degree. Collection analysts who decided to graduate from college often finish University of Phoenix or University of North Carolina at Greensboro. Some good skills to have in this position include customer service, portfolio and patients.

What education do you need to become a collection analyst?

What degree do you need to be a collection analyst?

The most common degree for collection analysts is bachelor's degree, with 55% of collection analysts earning that degree. The second and third most common degree levels are associate degree degree at 22% and associate degree degree at 9%.

Bachelor's, 55%

Associate, 22%

High School Diploma, 9%

Master's, 7%

Other Degrees, 7%

What should I major in to become a collection analyst?

You should major in business to become a collection analyst. 36% of collection analysts major in business. Other common majors for a collection analyst include accounting and finance.

Business, 36%

Accounting, 17%

Finance, 6%

Criminal Justice, 4%

Other Majors, 37%

Best majors for collection analysts

Rank	Major	Percentages
1	Business	35.7%
2	Accounting	16.5%
3	Finance	6.1%
4	Criminal Justice	4.3%
5	Health Care Administration	3.6%

Show more common collection analyst majors

20 best online courses for collection analysts

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1. Financial Accounting & Excel-Comprehensive Accounting Course

4.3

(736)

Comprehensive accounting course to learn the accounting cycle in a practical way and pick up critical Excel fundamentals...

2. Accounting101: Learn Accounts Receivable From A to Z

4.3

(447)

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

3. Accounting & Financial Statement Analysis: Complete Training

4.6

(16,804)

Accounting & Financial Ratio Analysis made easy. Learn important accounting skills that will get your foot in the door!...

4. Financial Accounting-Debits & Credits-Accounting Transaction

4.5

(781)

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

5. Java Collections from basics to Advanced

4.3

(1,279)

Data Structure using Java Collection Framework - Including Concurrent Collections, Streams, Generics, Parallel Streams...

6. Principles of Financial Accounting

4.5

(875)

Learn the complete accounting cycle -recording business transactions to presenting the Balance Sheet & Income Statement...

7. Accounting, Bookkeeping & Financial Analysis (Accounting)

4.5

(521)

Accounting & Bookkeeping Basics. Accounting & Financial Analysis Concepts. Learn Accounting & Bookkeeping...

8. Accounting Made Easy: A Quick Guide to Financial Accounting

4.5

(2,757)

Accounting is not about Math, it is about concepts. And no one said it has to be hard. Learn the basics in just 2 hours!...

9. Financial Accounting-Adjusting Entries & Financial Statement

4.6

(930)

Master Adjusting Entries & Financial Statements: A Comprehensive Guide for Accurate Accounting and Reporting...

10. Financial Accounting: The Complete Introductory Crash Course

4.5

(1,604)

Learn the Basics of Financial Accounting: Financial Statements, Debits and Credits, The Accounting Cycle and More!...

11. Accounting basics, create financial statements easily

4.5

(280)

Discover, develop, practice your financial information and explore the world of accounting...

12. Financial Bookkeeping and Accountancy: Complete Accounting

4.3

(501)

A Complete Course on Book-keeping & Accounting Course For Level 1 & 2 aspirants...

13. Introductory Financial Accounting

4.7

(666)

Learn the basics of Accounting including: the accounting cycle, inventory, depreciation, receivables, and more!...

14. Excel Accounting Problem

4.3

(348)

Learn How to Create an Accounting Worksheet Using Microsoft Excel from a Certified Public Accountant (CPA)...

15. Governmental Accounting 100

4.6

(355)

Fund accounting-governmental accounting-General Fund & government-wide activity transactions-modified accrual method...

16. Advanced Financial Accounting: Acquisitions & Consolidations

4.1

(703)

Acquisitions, Consolidations, and Reporting. Master complex concepts and applications...

17. Xero Bookkeeping & Accounting, w/ Set-up & Reporting

4.3

(263)

From Set-up to Bookkeeping, Accounting, Reporting, & Financial Statements in Xero with a Certified Xero Advisor...

18. Accounting for Corporations - Financial Accounting

4.8

(281)

Demystifying Corporate Accounting: An In-depth Exploration of Financial Transactions in Corporations...

19. Introduction to Collections, Generics & Reflection in Java

4.6

(3,059)

A Guide to Understand Generics, Collections Framework (Data Structures), Stream API and Reflection in Java!...

20. Financial Accounting - Closing Process

4.3

(964)

Conquering the Closing Process: A Thorough Exploration of the Final Step in Accounting...

Average collection analyst salary by education level

Collection analysts with a Bachelor's degree earn more than those without, at $52,421 annually. With a Associate degree, collection analysts earn a median annual income of $47,715 compared to $47,683 for collection analysts with an High School Diploma degree.

Collection analyst education level	Collection analyst salary
High School Diploma or Less	$47,683
Bachelor's Degree	$52,421
Some College/ Associate Degree	$47,715