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.
Prerequisite(s)
- No prerequisites are required for this course.
Credits
4.0
Cost
$96.12 - $643.38 See individual course offerings below for actual costs.
Course offerings
Spring/Summer 2022
Below are two offerings of OPMT 1110 for the Spring/Summer 2022 term.
CRN 60671
Duration
Start any time
- 30 weeks
- CRN 60671
- $592.71
Continuous Entry, Distance or Online
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
Credits
4
Cost
$592.71
Important information
- Internet delivery format.
-
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.
Status
CRN 61411
Duration
Start any time
- 24 weeks
- CRN 61411
- $96.12
Continuous Entry, Distance or Online
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
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$96.12
Important information
- Available for re-registration (course extension) only.
- Departmental approval needed
-
This section is a 24 week extension only for Distance Education students whose original 30 week time limit is about to expire. Students who need more time to complete the Distance Education course should contact Ruth_MacKay@bcit.ca
Status
Online registration for this course offering is not available. However, you can still register by phone.
Fall 2022
Below are 12 offerings of OPMT 1110 for the Fall 2022 term.
CRN 34885
Duration
Tue Sep 06 - Tue Dec 06 (14 weeks)
- 14 weeks
- CRN 34885
- $643.38
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 06 - Dec 06 | Tue | 18:00 - 21:30 | Burnaby SW01 Rm. 3190 |
Instructor
Myra Andrews
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$643.38
Important information
-
The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status
CRN 49522
Duration
Tue Sep 06 - Tue Nov 22 (12 weeks)
- 12 weeks
- CRN 49522
- $604.63
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 06 - Nov 22 | Tue | 18:00 - 22:00 | Online |
Instructor
Daniel Anvari
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$604.63
Important information
- Internet delivery format.
Status
CRN 33093
Duration
Wed Sep 07 - Wed Dec 07 (14 weeks)
- 14 weeks
- CRN 33093
- $643.38
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 07 - Dec 07 | Wed | 14:00 - 17:20 | Burnaby NE01 Rm. 406 |
Instructor
Joe Ilsever
Course outline
Credits
4
Cost
$643.38
Important information
-
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. If you have any questions, please contact the Program Assistant, Sarah Chanway at schanway@bcit.ca. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status
Seats Available
1 seat remaining as of Wed August 10, 2022 at 9:33 pm (PDT). Availability may change at any time.
CRN 35401
Duration
Wed Sep 07 - Wed Nov 23 (12 weeks)
- 12 weeks
- CRN 35401
- $643.38
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 07 - Nov 23 | Wed | 17:30 - 21:30 | Burnaby SW01 Rm. 2590 |
Instructor
Germain Tanoh
Course outline
Credits
4
Cost
$643.38
Important information
-
The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status
CRN 30813
Duration
Sat Sep 10 - Sat Nov 26 (12 weeks)
- 12 weeks
- CRN 30813
- $630.52
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 10 - Nov 26 | Sat | 08:30 - 12:30 | Downtown DTC Rm. 483 |
Instructor
Germain Tanoh
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$630.52
Important information
-
The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status
CRN 34884
Duration
Sat Sep 10 - Sat Nov 26 (12 weeks)
- 12 weeks
- CRN 34884
- $643.38
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 10 - Nov 26 | Sat | 08:30 - 12:30 | Burnaby SW01 Rm. 2590 |
Instructor
Illya Kochergin
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$643.38
Important information
-
The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status
CRN 46250
Duration
Mon Sep 12 - Mon Nov 07 (8 weeks)
- 8 weeks
- CRN 46250
- $630.52
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 12 - Nov 07 | Mon, Thu | 17:30 - 20:30 | Downtown DTC Rm. 476 |
Instructor
Andrew Parkinson
Course outline
Credits
4
Cost
$630.52
Important information
-
No class on October 10
Status
CRN 46257
Duration
Mon Sep 12 - Mon Dec 05 (12 weeks)
- 12 weeks
- CRN 46257
- $643.38
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 12 - Dec 05 | Mon | 18:00 - 22:00 | Burnaby SW01 Rm. 2045 |
Instructor
Joe Ilsever
Course outline
Credits
4
Cost
$643.38
Important information
-
No class on Monday, October 10
Status
CRN 35420
Duration
Thu Sep 15 - Thu Dec 01 (12 weeks)
- 12 weeks
- CRN 35420
- $643.38
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 15 - Dec 01 | Thu | 18:00 - 22:00 | Burnaby SW01 Rm. 2009 |
Instructor
Judy Li
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$643.38
Important information
-
.
Status
CRN 49524
Duration
Mon Sep 19 - Mon Dec 12 (12 weeks)
- 12 weeks
- CRN 49524
- $604.63
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 19 - Dec 12 | Mon | 18:00 - 22:00 | Online |
Instructor
Illya Kochergin
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$604.63
Important information
- Internet delivery format.
-
No class on October 10 You have registered for a course that will be held entirely online, however this is a synchronous course which requires you to be online on the posted days and times shown on your myBCIT schedule.
Status
CRN 48473
Duration
Tue Sep 06 - Tue Nov 22 (12 weeks)
- 12 weeks
- CRN 48473
- $642.20
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 06 - Nov 22 | Tue | 18:00 - 22:00 | Online |
Instructor
TBD
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$642.20
Important information
- Internet delivery format.
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
-
Important Information: 1. Internet delivery synchronous course format. This is a synchronous course that will be held entirely online. You will be required to log in to the course each week at a specific time. Please check the registration page for the specific dates and times. 2. Learning formats include: online asynchronous, online synchronous, hybrid/blended, and in-class. Please read the information at this link to understand the differences between learning online versus in a real physical classroom. www.bcit.ca/distance/distance-course-formats/ 3. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
Status
Cancelled
This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 48613
Duration
Mon Sep 19 - Mon Dec 12 (12 weeks)
- 12 weeks
- CRN 48613
- $642.20
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 19 - Dec 12 | Mon | 18:00 - 22:00 | Online |
Instructor
TBD
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Credits
4
Cost
$642.20
Important information
- Internet delivery format.
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
-
No class on Monday, October 10 Important Information: 1. Internet delivery synchronous course format. This is a synchronous course that will be held entirely online. You will be required to log in to the course each week at a specific time. Please check the registration page for the specific dates and times. 2. Learning formats include: online asynchronous, online synchronous, hybrid/blended, and in-class. Please read the information at this link to understand the differences between learning online versus in a real physical classroom. www.bcit.ca/distance/distance-course-formats/ 3. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
Status
Cancelled
This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.
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
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