British Columbia Institute of Technologywww.bcit.ca/study/courses/opmt1110

BCIT

OPMT 1110 - Business Mathematics

Operations Management Part-time Studies Course

School of Business

Course Details

Reviews basic mathematics applicable to business and industry. Topics include consumer and commercial credit, simple and compound interest, financial instruments and discounting, annuities, mortgages, loans, sinking funds, leases, depreciation methods, capitalized costs, cash flow analysis, NPV and IRR. Emphasis is on maximum use of pre-programmed calculator and practical applications from the field of Financial Management. (4.0 Credits)

Cost

$519.35 - $522.11 See individual course offerings below for actual costs.

Spring/Summer 2013

Below are seven offerings of this course for the Spring/Summer 2013 term.

CRN 60671

Start any time

This is an online course. Start any time during the Spring/Summer 2013 term. You have 30 weeks from the date you register to complete this course.

Instructor

TBD

Course Outline

Cost

$519.35

Notes

  1. Internet delivery format.
  2. A textbook and a course manual must be purchased at: BCIT Bookstore or online at: www.bcitbookstore.ca/distance/ Students must submit email address when registering. To be successful in our online courses, plan to spend 7-10 hours per course each week on your studies, starting Week 1.

CRN 61411

Start any time

This is an online course. Start any time during the Spring/Summer 2013 term. You have 24 weeks from the date you register to complete this course.

Instructor

TBD

Course Outline

Currently unavailable

Cost

$85.03

Notes

  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. Departmental Approval Needed - Students who need more time to complete OPMT 1110 will re-register in this section and have 24 additional weeks in which to complete their course. Please contact Ashley Ianni at Ashley_Ianni@bcit.ca

Online registration for this course offering is not available. However, you can still register via phone, fax, mail or in person.

Registration Options

CRN 56011

Mon Apr 15 - Mon Jun 03 7 Weeks

Class Meeting Times

Dates Days Times Locations
Apr 15 - Jun 03 Mon/Wed 18:15 - 21:45 BBY NE1 Rm. 412

Instructor

Trevor Jones

Course Outline

Cost

$522.11

Notes

  1. This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade. No class on Stat Holidays.

This course offering is in progress. Please check back next term or contact the appropriate Program Assistant [PDF] to determine when this course will be offered again.

In Progress

CRN 58983

Mon May 06 - Mon Jul 29 15 Weeks

Class Meeting Times

Dates Days Times Locations
May 06 - Jul 29 Mon 13:30 - 17:20 BBY NE1 Rm. 422

Instructor

Erik Korolenko

Course Outline

Currently unavailable

Cost

$520.10

Notes

  1. Students should be aware that this section will be taught along with international students in the IBMS program, and the course may be modified from other sections of PTS study to meet their needs (such as having a longer format and language issues may occur). NOTE: There will be no class on Mon May 20 (Victoria Day) or Mon July 1 (Canada Day),

This course offering is in progress. Please check back next term or contact the appropriate Program Assistant [PDF] to determine when this course will be offered again.

In Progress

CRN 59831

Fri May 10 - Fri Aug 16 15 Weeks

Class Meeting Times

Dates Days Times Locations
May 10 - Aug 16 Fri 13:30 - 16:20 BBY SE6 Rm. 109

Instructor

Judy Li

Course Outline

Currently unavailable

Cost

$520.10

Notes

  1. Students should be aware that this section will be taught along with international students in the IBMS program, and the course may be modified from other sections of PTS study to meet their needs (such as having a longer format and language issues may occur).

This course offering is in progress. Please check back next term or contact the appropriate Program Assistant [PDF] to determine when this course will be offered again.

In Progress

CRN 21421

Tue May 28 - Thu Jul 11 7 Weeks

Class Meeting Times

Dates Days Times Locations
May 28 - Jul 11 Tue/Thu 09:00 - 12:30 BBY SE6 Rm. 204

Instructor

Myra Andrews

Course Outline

Currently unavailable

Cost

$522.11

Notes

  1. This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade.

CRN 50482

Tue May 28 - Thu Jul 11 7 Weeks

Class Meeting Times

Dates Days Times Locations
May 28 - Jul 11 Tue/Thu 18:00 - 21:30 BBY SE6 Rm. 204

Instructor

Myra Andrews

Course Outline

Currently unavailable

Cost

$522.11

Notes

  1. This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade.

Learning Outcomes

Upon successful completion, the student will be able to:

  • Identify the problem (e.g., to choose the most economical equipment).
  • Formulate the problem elements into mathematical relationships and models.
  • Use appropriate technology to assist in problem solving.
  • Manipulate the relationship and models to provide a solution to the problem.
  • Approximate the solution.
  • Validate the solution.
  • Apply concepts of proportion and percent to business areas such as markup, discounts, budget allocation.
  • Utilize standard functions and graphical techniques to analyze relationships between quantities such as cost, revenue, production volume and profit.
  • Apply the concept of the time value of money.
  • Calculate interest, present and future values using simple interest.
  • Calculate interest, present and future values using compound interest.
  • Analyze interest rates by finding equivalent and effective rates.
  • Calculate payments, present and future values for annuities in budgeting and asset evaluation and for mortgages.
  • Calculate and compare interest on various forms of debt or investments.
  • Create and use amortization tables for various debt instruments.
  • Evaluate investment decisions using methods of payback and discounted cash flow such as net present value and internal rate of return.

Related Programs

OPMT 1110 is offered as a part of the following programs:

School of Business

  1. Accounting
    Full-time   Diploma of Technology
  2. Advanced Human Resource Management
    Part-time   Senior Management Certificate
  3. Business Essentials
    Part-time/Distance & Online Learning   Associate Certificate
  4. Business Information Technology Management
    Full-time   Diploma of Technology
  5. Business Management
    Full-time   Diploma of Technology
  6. Business Management (Post-Diploma)
    Part-time   Diploma of Technology
  7. Business Management Studies (BMS)
    Full-time   Associate Certificate
  8. Business Operations Management
    Full-time   Diploma of Technology
  9. Finance
    Full-time   Diploma of Technology
  10. Financial Management (Finance Option)
    Part-time   Management Certificate
  11. Financial Management (Professional Accounting Option)
    Part-time   Management Certificate
  12. Financial Planning
    Full-time   Diploma of Technology
  13. Fire Executive Management
    Part-time/Distance & Online Learning   BCIT/Industry Partnership Certificate
  14. General Insurance and Risk Management
    Full-time   Diploma of Technology
  15. Global Business Studies
    Part-time   Certificate
  16. Human Resource Management
    Full-time   Diploma of Technology
  17. International Business Management (Global Supply Chain Option)
    Full-time   Diploma of Technology
  18. International Business Management (International Business Option)
    Full-time   Diploma of Technology
  19. International Trade and Transportation Logistics
    Part-time   Management Certificate
  20. Marketing Management (Entrepreneurship Option)
    Full-time   Diploma of Technology
  21. Marketing Management (Marketing Communications Option)
    Full-time   Diploma of Technology
  22. Marketing Management (Professional Real Estate Option)
    Full-time   Diploma of Technology
  23. Marketing Management (Professional Sales Option)
    Full-time   Diploma of Technology
  24. Marketing Management (Tourism Management Option)
    Full-time   Diploma of Technology
  25. Marketing Management (Marketing Communications Option)
    Part-time   Management Certificate
  26. Marketing Management (Professional Sales Option)
    Part-time   Management Certificate
  27. Marketing Management
    Part-time   Management Certificate
  28. Marketing Management (Tourism Management Option)
    Part-time   Management Certificate
  29. Marketing Management
    Part-time   Senior Management Certificate
  30. Operations Management (Facilities Management Option)
    Part-time   Management Certificate
  31. Operations Management (Industrial Engineering Option)
    Part-time   Management Certificate
  32. Operations Management (Management Engineering Option)
    Part-time   Management Certificate
  33. Operations Management (Materials Management Option)
    Part-time   Management Certificate
  34. Operations Management (Quality Management Option)
    Part-time   Management Certificate

Programs and courses are subject to change without notice.

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Registration News

Registration is currently open for the Spring/Summer 2013 term.

The sneak preview for the Fall 2013 term starts Fri, May 24 at 8:30 am (PDT). Web registration for the Fall 2013 term will open Sun, May 26 at 9:00 am (PDT).

Students may also register by phone, mail or in-person, starting Mon, May 27 at 8:00 am (PDT).

Classroom Locations

Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at www.bcit.ca/rooms on the first day of any course you are registered for.

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