We present a newly developed total carbon analyzer (TCA08) and a method for online speciation of carbonaceous aerosol with a high time resolution. The total carbon content is determined by flash heating of a sample collected on a quartz-fiber filter with a time base between 20 min and 24 h. The limit of detection is approximately 0.3 µg C, which corresponds to a concentration of 0.3 µg C m^-3 at a sample flow rate of 16.7 L min^-1 and a 1 h sampling time base. The concentration of particulate equivalent organic carbon (OC) is determined by subtracting black carbon concentration, concurrently measured optically by an Aethalometer^®, from the total carbon concentration measured by the TCA08. The combination of the TCA08 and Aethalometer (AE33) is an easy-to-deploy and low-maintenance continuous measurement technique for the high-time-resolution determination of equivalent organic and elemental carbon (EC) in different particulate matter size fractions, which avoids pyrolytic correction and the need for high-purity compressed gases. The performance of this online method relative to the standardized off-line thermo-optical OC-EC method and respective instruments was evaluated during a winter field campaign at an urban background location in Ljubljana, Slovenia. The organic-matter-to-organic-carbon ratio obtained from the comparison with an aerosol chemical speciation monitor (ACSM) was OM/OC = 1.8, in the expected range.