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

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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.

Credits

4.0

Cost

$560.45 - $571.02 See individual course offerings below for actual costs.

Fall 2016

Below are five offerings of this course for the Fall 2016 term.

CRN 39512

Start any time

This is an online learning course. Start any time. You have 24 weeks from the date you register to complete this course.

Instructor

Chris Kellman

Course Outline

TBD

Cost

$93.14

Notes

  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. This section is for students who are current OPMT 1110 online students only. Students needing to extend their online time limit will register into this section and be given an additional 24 weeks to complete their course. Departmental approval is needed. Please contact Ruth MacKay with details at ruth_mackay@bcit.ca.

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

Registration Options

CRN 39561

Start any time

This is an online learning course. Start any time. You have 30 weeks from the date you register to complete this course.

Instructor

Chris Kellman

Course Outline

Cost

$560.45

Notes

  1. Internet delivery format.
  2. A textbook and a course manual must be purchased at the BCIT Bookstore: 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 35420

Wed Sep 07 - Wed Dec 07 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 07 - Dec 07 Wed 18:00 - 21:30 BBY SW1 Rm. 4076

Instructor

Judy Li

Course Outline

Cost

$560.45

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

CRN 35425

Wed Sep 07 - Wed Dec 07 15 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 07 - Dec 07 Wed 14:30 - 18:00 BBY NE1 Rm. 405

Instructor

Germain Tanoh

Course Outline

Cost

$560.45

Notes

  1. This section is taught with International students. Language issues may occur. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.

This course offering is in progress and full. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress and Full

CRN 34885

Tue Sep 13 - Tue Dec 13 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 13 - Dec 13 Tue 18:00 - 21:30 BBY SW1 Rm. 2005

Instructor

Myra Andrews

Course Outline

TBD

Cost

$560.45

Notes

  1. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

Winter 2017

Below are seven offerings of this course for the Winter 2017 term.

CRN 73981

Tue Jan 10 - Tue Mar 28 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 10 - Mar 28 Tue 18:00 - 22:00 BBY SW3 Rm. 2745

Instructor

Trevor Jones

Course Outline

TBD

Cost

$571.02

CRN 78486

Tue Jan 10 - Thu Mar 02 8 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 10 - Mar 02 Tue/Thu 09:00 - 12:00 DTC Rm. 483

Instructor

Germain Tanoh

Course Outline

TBD

Cost

$571.02

CRN 73982

Thu Jan 12 - Thu Mar 30 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 12 - Mar 30 Thu 17:30 - 21:30 DTC Rm. 470

Instructor

Germain Tanoh

Course Outline

TBD

Cost

$571.02

One seat remaining as of Dec 7, 2016 6:26 am PST. Seats remaining may change at any time prior to registration and payment.

CRN 13780

Fri Jan 13 - Fri Mar 31 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 13 - Mar 31 Fri 08:30 - 12:30 DTC Rm. 483

Instructor

Germain Tanoh

Course Outline

TBD

Cost

$571.02

Notes

  1. No class on Friday, March 25 (Good Friday)

CRN 41328

Sat Jan 14 - Sat Apr 01 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 14 - Apr 01 Sat 08:30 - 12:30 BBY SW1 Rm. 3190

Instructor

Illya Kochergin

Course Outline

TBD

Cost

$571.02

CRN 78621

Tue Jan 10 - Tue Mar 28 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 10 - Mar 28 Tue 13:30 - 17:20 BBY NE1 Rm. 404

Instructor

TBD

Course Outline

TBD

Cost

$571.02

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 full. Please check this page for other currently available offerings or subscribe to receive email updates.

Full

CRN 78626

Fri Jan 13 - Fri Mar 31 15 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 13 - Mar 31 Fri 08:30 - 12:20 BBY NE1 Rm. 209

Instructor

TBD

Course Outline

TBD

Cost

$571.02

Notes

  1. Students should be aware that this section will be taught along with international students in the BMS program, and the course may be modified from other sections of PTS study to meet their needs. Please note there is no class on Friday, March 25 (Good Friday)

This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.

Full

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.

Effective as of Fall 2005

Related Programs

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

School of Business

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

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.

Fall 2016

Books for Fall 2016 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Downtown Campus Bookstore

If you are taking this course at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Downtown Campus Bookstore.

Business Mathematics (June 2007)
Author Opmt:Mallory, Gruen, Kellman
Publisher Roy
Binding Paperback
Price $29.95
Required

BCIT Distance & Online Learning Bookstore

If you are taking this course through either Distance Education or Online Learning, please purchase books for this course at the BCIT Distance & Online Learning Bookstore.

Business Mathematics (June 2007)
Author Opmt:Mallory, Gruen, Kellman
Publisher Roy
Binding Paperback
Price $29.95
Required

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Business Mathematics (June 2007)
Author Opmt:Mallory, Gruen, Kellman
Publisher Roy
Binding Paperback
Price $29.95
Required

Winter 2017

Books for Winter 2017 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.

BCIT Downtown Campus Bookstore

If you are taking this course at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Downtown Campus Bookstore.

Business Mathematics (June 2007)
Author Opmt:Mallory, Gruen, Kellman
Publisher Roy
Binding Paperback
Price $29.95
Required

BCIT Burnaby Bookstore

If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.

Business Mathematics (June 2007)
Author Opmt:Mallory, Gruen, Kellman
Publisher Roy
Binding Paperback
Price $29.95
Required

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