- International Fees
International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Course Overview
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.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
4.0
Domestic fees
$683.51 - $698.17 See individual course offerings below for actual costs.
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
Business Mathematics (OPMT 1110) is offered as a part of the following programs:
- Indicates programs accepting international students.
- Indicates programs eligible for students to apply for Post-graduation Work Permit (PGWP).
School of Business + Media
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- Accounting
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- Business Administration (General Option)
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- Business Administration (Management Option)
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Associate Certificate Full-time
- Business Information Technology Management
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- Business Management
Diploma Full-time
- Finance
Diploma Full-time
- Finance
Diploma Part-time
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Certificate Part-time
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Diploma Full-time
- Global Supply Chain Management
Diploma Full-time
- International Trade and Transportation Logistics
Certificate Part-time
- Marketing Management
Certificate Part-time
- Marketing Management
Diploma Full-time
- Operations & Management Engineering
Diploma Full-time
- Operations Management (Facilities Management Option)
Certificate Part-time
- Operations Management (Industrial Engineering Option)
Certificate Part-time
- Operations Management (Management Engineering Option)
Certificate Part-time
- Operations Management (Materials Management Option)
Certificate Part-time
- Strategic Human Resources Management
Diploma Full-time
Course Offerings
Winter 2026
Below are 11 offerings of OPMT 1110 for the Winter 2026 term.
CRN 92564
Dates
Jan 05 - Apr 11 Loading
- CRN 92564
- $698.17 Domestic fees
Class meeting times
Duration
14 weeks
Instructor
Amy Goldlist
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- All classes will be held on-line except the exams. Exams only will be held on campus on Midterm Saturday, Feb 28 10 am-1300 and the final will be on Saturday, April 11 10 am-1300
Status
CRN 93430
Dates
Jan 05 - Mar 30 Loading
- CRN 93430
- $683.51 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 05 - Mar 30 | Mon | 17:30 - 21:30 | Downtown DTC Rm. 682 |
Duration
12 weeks
Instructor
Andrew Parkinson
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on Monday February 16
Status
CRN 18678
Dates
Jan 06 - Mar 24 Loading
- CRN 18678
- $698.17 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 06 - Mar 24 | Tue | 13:30 - 17:30 | Burnaby NE01 Rm. 404 |
Duration
12 weeks
Instructor
William Ng
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Please note that this section is part of the Business Fundamentals (BFUN) Program (www.bcit.ca/study/programs/7985acert). As this is the case, the course will be taught in a way that accommodates the needs of English Language Learners. Please direct any inquiries to bfun@bcit.ca.
Status
CRN 86655
Dates
Jan 06 - Mar 24 Loading
- CRN 86655
- $698.17 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 06 - Mar 24 | Tue | 18:00 - 22:00 | Burnaby SW05 Rm. 2875 |
Duration
12 weeks
Instructor
Germain Tanoh
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
CRN 92740
Dates
Jan 06 - Mar 24 Loading
- CRN 92740
- $683.51 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 06 - Mar 24 | Tue | 17:30 - 21:30 | Downtown DTC Rm. 483 |
Duration
12 weeks
Instructor
Andrew Parkinson
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
CRN 78621
Dates
Jan 07 - Mar 25 Loading
- CRN 78621
- $698.17 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 07 - Mar 25 | Wed | 18:00 - 22:00 | Burnaby NE01 Rm. 403 |
Duration
12 weeks
Instructor
Israr Rahimi
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
CRN 86523
Dates
Jan 07 - Mar 25 Loading
- CRN 86523
- $698.17 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 07 - Mar 25 | Wed | 18:00 - 22:00 | Burnaby SW09 Rm. 117 |
Duration
12 weeks
Instructor
William Ng
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
CRN 46721
Dates
Jan 08 - Mar 26 Loading
- CRN 46721
- $698.17 Domestic fees
Class meeting times
Duration
12 weeks
Instructor
Germain Tanoh
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This is a synchronous online course, and you will be expected to be available and online on the posted days and times shown on your registration schedule. It is important you have a stable and consistent internet connection to access course content. Course content, type and quality of assignments, and general standards for this online course are the same as classroom courses. To be successful in this online course, plan to spend 7-10 hours per week on your studies or more if it is a condensed course starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date. There will be in person on campus exams on the following dates: Midterm #1 : Thursday, February 5 1745; Test # 2 - Thursday, March 5 1745; Final exam Thursday March 26 1745
Status
CRN 92717
Dates
Jan 08 - Mar 26 Loading
- CRN 92717
- $698.17 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 08 - Mar 26 | Thu | 18:00 - 22:00 | Burnaby SE12 Rm. 309 |
Duration
12 weeks
Instructor
Trevor Jones
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
CRN 13780
Dates
Jan 09 - Mar 27 Loading
- CRN 13780
- $683.51 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 09 - Mar 27 | Fri | 08:30 - 12:30 | Downtown DTC Rm. 483 |
Duration
12 weeks
Instructor
William Ng
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on March 29
Status
CRN 41328
Dates
Jan 10 - Apr 04 Loading
- CRN 41328
- $698.17 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 10 - Apr 04 | Sat | 12:30 - 16:30 | Burnaby SE06 Rm. 109 |
Duration
12 weeks
Instructor
Israr Rahimi
Course outline
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course is held in-person on Saturdays at 12:30-4:30 PM (PST) at the Burnaby campus. To be successful in this course, plan to spend 7-10 hours per week on your studies, starting week 1. If this course is showing as full, please contact Ruth_Mackay@bcit.ca and request that your name be added to the waitlist and please include your full name, student ID, course code and CRN. No class will be held on Friday Feb 14th – Family Day long weekend.
Status
Programs and courses are subject to change without notice.