Yes, you can become a VP without a degree. However, there is a low probability of becoming a vice president of a company without a degree unless you were involved in the founding of the organization.
A vice president typically has a bachelor's degree or higher in business administration or an industry-related field. Only 2-3% of vice presidents of successful companies have only a high school degree or GED.
The vice president oversees a large range of activities and should have a proven track record in management to qualify for the job. In addition to a degree, vice presidents work through lower management roles and may be hired internally.
Depending on the size of a company, there may be several people with VP in their title (executive vice president, senior vice president, regional vice president, etc.)
The role involves a significant amount of authority and organization. Learning the latest in business management, strategy, and technology through a degree is extremely beneficial. Also, networking opportunities through University can also be valuable.
The vice president position requires experience in budgeting, planning, decision making, public speaking, writing, and executing successful campaign strategies.
The VP oversees smooth internal operations and plays a direct role in the organization's decision-making. Therefore, Standing out as a team member and gaining the right attention through departmental success can help you move higher to the level of vice president.