Collections Representative Education Requirements And Courses

Collections representative education requirements

Updated January 8, 2025

2 min read

Usually, collections representatives don't need a college education. The most common degree for collections representatives is high school diploma with 33% graduates, with only 28% collections representative graduates earning bachelor's degree. Collections representatives who decided to graduate from college often finish University of Phoenix or DeVry University. Some good skills to have in this position include payment arrangements, customer service and delinquent accounts.

Popular collections representative certifications include Certified Management Accountant (CMA), Certified Medical Office Manager (CMOM), or International Accredited Business Accountant (IABA). To improve collections representative qualification and skills, we prepared some online courses to help in collections representative education paths.

What education do you need to become a collections representative?

What degree do you need to be a collections representative?

The most common degree for collections representatives is high school diploma, with 33% of collections representatives earning that degree. The second and third most common degree levels are bachelor's degree degree at 28% and bachelor's degree degree at 23%.

High School Diploma, 33%

Bachelor's, 28%

Associate, 23%

Diploma, 9%

Other Degrees, 7%

What should I major in to become a collections representative?

You should major in business to become a collections representative. 32% of collections representatives major in business. Other common majors for a collections representative include accounting and general studies.

Business, 32%

Accounting, 7%

General Studies, 7%

Criminal Justice, 7%

Other Majors, 47%

Best majors for collections representatives

Rank	Major	Percentages
1	Business	32.5%
2	Accounting	7.1%
3	General Studies	6.9%
4	Criminal Justice	6.7%
5	Health Care Administration	6.5%

Show more common collections representative majors

20 best online courses for collections representatives

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1. Financial Accounting-Adjusting Entries & Financial Statement

4.6

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

2. Accounting & Financial Statement Analysis: Complete Training

4.6

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

3. 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...

4. Accounting basics, create financial statements easily

4.5

(280)

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

5. Financial Accounting-Debits & Credits-Accounting Transaction

4.5

(781)

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

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. 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!...

9. 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!...

10. Introductory Financial Accounting

4.7

(666)

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

11. ACCA: FA (F3) Financial Accounting

4.5

(1,302)

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

12. Accounting for Corporations - Financial Accounting

4.8

(281)

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

13. Advanced Financial Accounting: Acquisitions & Consolidations

4.1

(703)

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

14. Financial Bookkeeping and Accountancy: Complete Accounting

4.3

(501)

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

15. Financial Accounting - Closing Process

4.3

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

16. Accounting & Bookkeeping Masterclass - Beginner to Advanced

4.5

(4,371)

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

17. Financial Accounting-Depreciation Calculation & Fixed Assets

4.5

(341)

Optimizing Asset Management: Comprehensive Guide to Property, Plant, and Equipment Accounting...

18. Financial Accounting - Subsidiary Ledgers & Special Journals

4.5

(580)

Mastering Special Journals and Subsidiary Ledgers: A Comprehensive Guide to Streamlined Accounting Practices...

19. Financial Accounting - Inventory Costs

4.3

(254)

Mastering Inventory Costs & Flows: An In-Depth Guide to Accounting for Inventory in Business Operations...

20. Partnership Accounting - Financial Accounting

4.7

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Unlocking the Power of Partnership Accounting: Strategies for Effective Management and Financial Decision Making...

Average collections representative salary by education level

Collections representatives with a Bachelor's degree earn more than those without, at $36,331 annually. With a Associate degree, collections representatives earn a median annual income of $34,393 compared to $34,380 for collections representatives with an High School Diploma degree.

Collections representative education level	Collections representative salary
High School Diploma or Less	$34,380
Bachelor's Degree	$36,331
Some College/ Associate Degree	$34,393