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Collections officer education requirements

Updated January 8, 2025
2 min read
Usually, collections officers don't need a college education. The most common degree for collections officers is bachelor's degree with 53% graduates, with only 20% collections officer graduates earning associate degree. Collections officers who decided to graduate from college often finish University of Phoenix or El Paso. Some good skills to have in this position include customer service, delinquent loans and delinquent accounts.

What education do you need to become a collections officer?

What degree do you need to be a collections officer?

The most common degree for collections officers is bachelor's degree, with 53% of collections officers earning that degree. The second and third most common degree levels are associate degree degree at 20% and associate degree degree at 12%.
  • Bachelor's, 53%
  • Associate, 20%
  • High School Diploma, 12%
  • Master's, 6%
  • Other Degrees, 9%

What should I major in to become a collections officer?

You should major in business to become a collections officer. 35% of collections officers major in business. Other common majors for a collections officer include accounting and finance.

Best majors for collections officers

RankMajorPercentages
1Business34.9%
2Accounting11.2%
3Finance7.5%
4Criminal Justice6.4%
5Management6.2%

20 best online courses for collections officers

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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. 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...

3. Financial Accounting-Adjusting Entries & Financial Statement

udemy
4.6
(930)

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

4. Java Collections from basics to Advanced

udemy
4.3
(1,279)

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

5. 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!...

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. Accounting basics, create financial statements easily

udemy
4.5
(280)

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

8. Financial Accounting-Debits & Credits-Accounting Transaction

udemy
4.5
(781)

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

9. MS Office Course Bundle- Word , Powerpoint , Excel & Outlook

udemy
4.3
(319)

MS Office Learn and Polish the Most Desirable Office Courses at work , MS Word , MS Excel , MS Powerpoint and MS Outlook...

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. 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!...

12. Accounting, Bookkeeping & Financial Analysis (Accounting)

udemy
4.5
(521)

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

13. 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!...

14. Excel Accounting Problem

udemy
4.3
(348)

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

15. Financial Bookkeeping and Accountancy: Complete Accounting

udemy
4.3
(501)

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

16. Accounting & Bookkeeping Masterclass - Beginner to Advanced

udemy
4.5
(4,371)

Accounting, Bookkeeping Introduction, Accounting, Bookkeeping Entries, Accounting, Bookkeeping Adjustments & Reports...

17. 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!...

18. Introductory Financial Accounting

udemy
4.7
(666)

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

19. Advanced Financial Accounting: Acquisitions & Consolidations

udemy
4.1
(703)

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

20. ACCA: FA (F3) Financial Accounting

udemy
4.5
(1,302)

Let's get to grasps of how to perform the basics of financial accounting...

Average collections officer salary by education level

Collections officers with a Bachelor's degree earn more than those without, at $43,852 annually. With a Associate degree, collections officers earn a median annual income of $40,343 compared to $40,319 for collections officers with an High School Diploma degree.
Collections officer education levelCollections officer salary
High School Diploma or Less$40,319
Bachelor's Degree$43,852
Some College/ Associate Degree$40,343

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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