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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

$97.95 - $643.38 See individual course offerings below for actual costs.

Course offerings

Fall 2022

Below are seven offerings of OPMT 1110 for the Fall 2022 term.

CRN 39512

Duration

Start any time

  • 24 weeks
  • CRN 39512
  • $97.95
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

$97.95

Important information
  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. You canot register into this section unless you are currently registered into the OPMT1110 30 week Distance Education course and you require extra time to complete. Departmental approval is needed, please e-mail Ruth_MacKay@bcit.ca
Status

Full

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

CRN 39561

Duration

Start any time

  • 30 weeks
  • CRN 39561
  • $641.19
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

View

Credits

4

Cost

$641.19

Important information
  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.
Status

Full

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

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

View

Credits

4

Cost

$643.38

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

In Progress

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

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

William Ng

Course outline

View

Credits

4

Cost

$643.38

Important information
  1. 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

In Progress

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

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
Instructor

TBD

Course outline

View

Credits

4

Cost

$643.38

Important information
  1. No class on Monday, October 10
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
  1. Internet delivery format.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
  3. 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.

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

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$604.63

Important information
  1. Internet delivery format.
  2. 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

Cancelled

This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.

Winter 2023

Below are nine offerings of OPMT 1110 for the Winter 2023 term.

CRN 86655

Duration

Wed Jan 04 - Tue Mar 21 (12 weeks)

  • 12 weeks
  • CRN 86655
  • $604.63
Class meeting times
Dates Days Times Locations
Jan 04 - Mar 21 Tue 18:00 - 22:00 Online
Instructor

Germain Tanoh

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$604.63

Important information
  1. Internet delivery format.
  2. This is not a self-paced course. 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 of it’s a condensed course, starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date.
Status

Seats Available

3 seats remaining as of Sun December 4, 2022 at 2:27 pm (PST). Availability may change at any time.

CRN 46721

Duration

Thu Jan 05 - Thu Mar 23 (12 weeks)

  • 12 weeks
  • CRN 46721
  • $604.63
Class meeting times
Dates Days Times Locations
Jan 05 - Mar 23 Thu 17:30 - 21:30 Online
Instructor

Germain Tanoh

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$604.63

Important information
  1. Internet delivery format.
  2. Welcome to BCIT School of Business + Media. Please be advised of the following information about your Part-time Studies course. 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. In this course, you will be using an online teaching tool called the Learning Hub, also known as D2L or Brightspace. The Learning Hub is where your instructor will share information, resources, assignments, deadlines and this is where you will submit your work, and communicate with both your instructor and classmates. Ensure that you are able to log in before your course starts. To log in, view your courses, set up notifications, and access the tools you need, please go directly to the Learning Hub at learn.bcit.ca/d2l/home. Access to this course will be available either on or shortly before the start date. It is important you have a stable and consistent internet connection to access course content. Please check the following link to ensure you meet the computer requirements for the class. www.bcit.ca/files/business/pdf/bcit-sobm-byod.pdf Now that you are registered for a course, please check your myBCIT account daily for messages from BCIT and/or your instructor my.bcit.ca/cp/home/displaylogin To learn what course materials you may need for this course, visit the BCIT Bookstore webpage www.bcit.ca/bookstore/. You may order textbooks and materials online, or if you prefer, visit the BCIT Burnaby campus to pick up your materials. Please visit the BCIT Bookstore webpage for more information. Please contact Student Help techhelp@bcit.ca for assistance with technical problems including login issues and password resets, as well as support for myBCIT and the Learning Hub. For further information on Part-time Studies at BCIT, please visit www.bcit.ca/part-time-studies/ or call Student Information & Enrolment Services at 604-434-1610, or toll free within Canada or US: 1-866-434-1610.
Status

CRN 13780

Duration

Fri Jan 06 - Fri Mar 24 (12 weeks)

  • 12 weeks
  • CRN 13780
  • $630.52
Class meeting times
Dates Days Times Locations
Jan 06 - Mar 24 Fri 08:30 - 12:30 Downtown DTC Rm. 483
Instructor

William Ng

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$630.52

Status

CRN 41328

Duration

Sat Jan 07 - Sat Mar 25 (12 weeks)

  • 12 weeks
  • CRN 41328
  • $643.38
Class meeting times
Dates Days Times Locations
Jan 07 - Mar 25 Sat 08:30 - 12:30 Burnaby SE06 Rm. 114
Instructor

Illya Kochergin

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$643.38

Status

CRN 86476

Duration

Mon Jan 09 - Mon Apr 03 (12 weeks)

  • 12 weeks
  • CRN 86476
  • $643.38
Class meeting times
Dates Days Times Locations
Jan 09 - Apr 03 Mon 18:00 - 22:00 Burnaby
Instructor

Daniel Anvari

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$643.38

Important information
  1. No class on Monday, February 20
Status

CRN 18678

Duration

Tue Jan 10 - Tue Mar 28 (12 weeks)

  • 12 weeks
  • CRN 18678
  • $643.38
Class meeting times
Dates Days Times Locations
Jan 10 - Mar 28 Tue 13:30 - 17:30 Burnaby NE01 Rm. 404
Instructor

William Ng

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$643.38

Important information
  1. 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 the Program Assistant, Sarah Chanway, at sarah_chanway@bcit.ca.
Status

CRN 73981

Duration

Tue Jan 10 - Tue Mar 28 (12 weeks)

  • 12 weeks
  • CRN 73981
  • $643.38
Class meeting times
Dates Days Times Locations
Jan 10 - Mar 28 Tue 18:00 - 22:00 Burnaby SW01 Rm. 4076
Instructor

Trevor Jones

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$643.38

Status

CRN 78486

Duration

Tue Jan 10 - Thu Mar 02 (8 weeks)

  • 8 weeks
  • CRN 78486
  • $630.52
Class meeting times
Dates Days Times Locations
Jan 10 - Mar 02 Tue, Thu 09:00 - 12:00 Downtown DTC Rm. 483
Instructor

Andrew Parkinson

Course outline

View

Credits

4

Cost

$630.52

Status

CRN 86523

Duration

Wed Jan 11 - Wed Mar 29 (12 weeks)

  • 12 weeks
  • CRN 86523
  • $643.38
Class meeting times
Dates Days Times Locations
Jan 11 - Mar 29 Wed 18:00 - 22:00 Burnaby SW01 Rm. 2005
Instructor

Judy Li

Course outline

View

Credits

4

Cost

$643.38

Status

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:

School of Business + Media

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

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