Accounting, Business & Economics FAQ

Accounting, Business & Economics FAQ

What is the difference between an A.A. Degree and an A.A.S. Degree?

The purpose of an Associate of Arts (A.A.) degree is to fulfill general education requirements for a degree at a university. Therefore, if you ever plan to complete a four-year degree it is wise to get the A.A. degree.  The degree also includes the "43 hour block," which was established in 2000, by the Coordinating Board for the Higher Education in Missouri.  Students who complete the 43 hour general education block at OTC may transfer to another participating institution (public and private) and have their block treated as equivalent to the general education block of the receiving institution.

Students completing an A.A. degree in Business will not only complete their general education requirement, they will also have a head start to completing a business degree at a university.  OTC works with area four-year institutions, like MSU, Drury, Evangel, and SBU, to find out what lower level business courses they require in their business programs.  Often times OTC has an articulation agreement with the college/university so that certain Accounting and Business courses transfer easily into their business program.

The purpose of an Associate of Applied Science (A.A.S.) degree is to prepare the student for the work force. Completing an A.A.S. degree in Accounting or Business equips students with skills and knowledge to work in several areas of business.  Students can learn skills that will help them work in bookkeeping, retail management, sales, or even opening a own business. Interview and resume writing skills are taught in the class room and OTC's Career Employment Services assist students in connecting with business in the community.

If a student is planning on transferring to a four-year institution, the A.A.S. degree may not be the best option.  When transferring the A.A.S. degree, universities will perform a course-by-course evaluation of your transfer credit instead of accepting the degree and all of its credits.

Will OTC courses transfer to other institutions? Why does it matter if a school is accredited?

OTC is accredited by North Central Association of Colleges and Schools. Therefore, most general education classes can be transferred to other accredited institutions.  Accreditation is used to make sure that the a college or university meets certain standards and provides a quality education.  Schools that are accredited by the same organization have some assurance that similar courses offered are of the same quality.

Each institution sets its own policy for accepting transfer credits. OTC can assume no responsibility for the accuracy of the information contained on the web sites of other institutions.

Are the classes easier at a two-year school compared to a four-year school?

Since two-year institutions and four-year institutions are accredited by the Higher Learning Commission, the requirements for general education courses are very similar.  Courses will cover the same material so students should be prepared to work just as hard at a two-year institution as they would at a four-year institution.

Can I get my A.A.S. Degree in Business completely on-line?

Yes, all of the courses required for the A.A.S. degree in Business are offered as on-line courses. Seated courses and on-line courses cover the same material, so students should be prepared to spend as much time working on an on-line course as you would be participating in a seated course.

Can I get my A.A.S. Degree in Accounting completely on-line?

Yes, all of the courses required for the A.A.S. degree in Accounting are offered as on-line courses. Seated courses and on-line courses cover the same material, so students should be prepared to spend as much time working on an on-line course as you would be participating in a seated course.