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Collection team lead education requirements

Updated January 8, 2025
2 min read
Usually, collection team leads don't need a college education. The most common degree for collection team leads is bachelor's degree with 45% graduates, with only 23% collection team lead graduates earning associate degree. Collection team leads who decided to graduate from college often finish University of Phoenix or American University. Some good skills to have in this position include customer service, credit card and delinquent accounts.

What education do you need to become a collection team lead?

What degree do you need to be a collection team lead?

The most common degree for collection team leads is bachelor's degree, with 45% of collection team leads earning that degree. The second and third most common degree levels are associate degree degree at 23% and associate degree degree at 20%.
  • Bachelor's, 45%
  • Associate, 23%
  • High School Diploma, 20%
  • Diploma, 5%
  • Other Degrees, 7%

What should I major in to become a collection team lead?

You should major in business to become a collection team lead. 39% of collection team leads major in business. Other common majors for a collection team lead include criminal justice and accounting.

Best majors for collection team leads

20 best online courses for collection team leads

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1. AWS: Data Collection Systems

coursera

AWS: Data Collection Systems Course is the first course of the AWS Certified Data Analytics Speciality Specialization. This Course is designed to describe data collection systems and their characteristics in detail. This course is basically divided into three modules and each module is further segmented by Lessons and Video Lectures. This course facilitates learners with approximately 3:30-4:00 Hours Video lectures that provide both Theory and Hands -On knowledge. Also, Graded and Ungraded Quiz...

2. Survey Data Collection and Analytics

coursera

This specialization covers the fundamentals of surveys as used in market research, evaluation research, social science and political research, official government statistics, and many other topic domains. In six courses, you will learn the basics of questionnaire design, data collection methods, sampling design, dealing with missing values, making estimates, combining data from different sources, and the analysis of survey data. In the final Capstone Project, you’ll apply the skills learned...

3. Java Collections from basics to Advanced

udemy
4.3
(1,279)

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

4. Financial Accounting & Excel-Comprehensive Accounting Course

udemy
4.3
(736)

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

5. Financial Accounting-Debits & Credits-Accounting Transaction

udemy
4.5
(781)

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

6. Accounting101: Learn Accounts Receivable From A to Z

udemy
4.3
(447)

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

7. Financial Accounting-Adjusting Entries & Financial Statement

udemy
4.6
(930)

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

8. Introduction to Collections, Generics & Reflection in Java

udemy
4.6
(3,059)

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

9. Java Collections Framework + Generics, Lambdas & Stream API

udemy
4.4
(750)

Learn Java Collections Framework from scratch to PRO level with practical exercises...

10. Principles of Financial Accounting

udemy
4.5
(875)

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

11. Financial Accounting: The Complete Introductory Crash Course

udemy
4.5
(1,604)

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

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

udemy
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!...

13. Accounting & Financial Statement Analysis: Complete Training

udemy
4.6
(16,804)

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

14. Forensic accounting, fraud investigation and fraud analytics

udemy
4.3
(657)

The 14 hour course(50casestudies) helps to understand fraud examination, forensic audit,financial crime, data analytics...

15. Cold Calling Mastery

udemy
4.8
(350)

Become fantastic at Cold Calling - making cold calls for lead generation, sales, & business development...

16. Financial Bookkeeping and Accountancy: Complete Accounting

udemy
4.3
(501)

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

17. Accounting, Bookkeeping & Financial Analysis (Accounting)

udemy
4.5
(521)

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

18. B2B Sales Skills: LinkedIn Lead Generation, Cold Email Sales

udemy
4.5
(327)

High-ticket B2B sales and marketing. Generate leads, sell to big companies, and win large deals. Learn sales skills!...

19. PCI (Payment Card) Standards for Corporate Professionals

udemy
4.5
(804)

This course covers relevant aspects of the PCI Data Security Standard for processing credit card data...

20. Accounting 101: Accounts Payable Best Practices For 2023

udemy
4.4
(1,180)

Avoid common mistakes and pitfalls when it comes to Accounts Payable. No more fraud, incorrect payments or voided checks...

Average collection team lead salary by education level

Collection team leads with a Bachelor's degree earn more than those without, at $76,131 annually. With a Associate degree, collection team leads earn a median annual income of $70,037 compared to $69,995 for collection team leads with an High School Diploma degree.
Collection team lead education levelCollection team lead salary
High School Diploma or Less$69,995
Bachelor's Degree$76,131
Some College/ Associate Degree$70,037

Updated January 8, 2025

Zippia Research Team
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.

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