The curricula at Olean Business Institute are registered by the New York State Education Department. The school is authorized by the New York State Board of Regents to confer the Associate Degree (Applied Science and Occupational Studies) in its approved two-year programs of study. OBI is accredited to award academic associate degrees by the Accrediting Council for Independent Colleges and Schools (ACICS), located at 750 First Street, NE, Suite 980, Washington, DC 20002-4241, telephone number (202) 336-6780. Olean Business Institute is accredited as a business school by the Department of Education, University of the State of New York, and the Accrediting Council for Independent Colleges and Schools. The college is approved by the New York State Education Department for the training of veterans and other eligible students. The Veterans Administration and New York State and Pennsylvania Manpower and Vocational Rehabilitation Divisions also approve it.