Skip to main content

Business Math for Managers OPMT 3510

Operations Management Course

International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

Course details

This course discusses mathematics of finance concepts applicable to business and industry. Topics include retail operations, simple and compound interest, discounts, annuities, financial papers and depreciation methods. Emphasis is on practical applications to business management.

Prerequisite(s)

  • No prerequisites are required for this course.

Credits

4.0

Domestic fees

$767.63

Course offerings

Winter 2024

Below is one offering of OPMT 3510 for the Winter 2024 term.

CRN 85305

Duration

Thu Jan 04 - Thu Apr 11 (15 weeks)

  • 15 weeks
  • CRN 85305
  • Domestic fees $767.63
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Jan 04 - Apr 11 Thu 18:00 - 20:00 Burnaby SE06 Rm. 208
Jan 04 - Apr 11 N/A N/A Online
Instructor

Sam Choo

Course outline

View

Domestic fees

$767.63

Important information
  1. Departmental approval needed
  2. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  3. This course is restricted to students currently enrolled in the Advanced Diploma in Business Management. Students accepted into the program starting fall 2021 or later were automatically granted approval to register. Students accepted before fall 2021 can email advdip@bcit.ca with their name and ID for registration approval. This is a hybrid course. Lecture content will be delivered asynchronously, and labs will be held in-person at the Burnaby campus on Thursdays.
Status

In Progress

This course offering is in progress. Please check back next term or subscribe to receive email updates.

Learning Outcomes

Upon successful completion, the student will be able to:

  • Apply concepts of proportion and percent to business areas such as mark-up, discounts, budget allocation.
  • Analyze relationships between quantities such as cost, revenue, production volume and profit using standard functions and graphical techniques.
  • Apply the time value of money.
  • Calculate interest, present and future values using simple and compound interest.
  • Analyse interest rates by finding equivalent and effective rates.
  • Calculate payments, present and future values for annuities in budgeting and asset evaluation and for mortgages.
  • Evaluate investment decisions using methods of payback and discounted cash flow such as net present value and internal rate of return.
  • Select appropriate mathematical methods to analyze specific business problems.

Effective as of Fall 2014

Related Programs

Business Math for Managers (OPMT 3510) is offered as a part of the following programs:

School of Business + Media

  1. Business Management - Advanced Diploma
    Advanced Diploma Full-time/Part-time

Subscribe

Interested in being notified about future offerings of Business Math for Managers (OPMT 3510)? If so, fill out the information below and we'll notify you by email when courses for each new term are displayed here.

  • Privacy Notice: The information you provide will be used to respond your request for BCIT course information and is collected under Section 26(c) of the Freedom of Information and Protection of Privacy Act (FIPPA). For more information about BCIT’s privacy practices contact: Associate Director, Privacy, Information Access & Policy Management, British Columbia Institute of Technology, 3700 Willingdon Ave. Burnaby, BC V5A 3H2, email: privacy@bcit.ca.