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International Fees

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

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

$100.72 - $658.40 See individual course offerings below for actual costs.

Course offerings

Fall 2023

Below are 12 offerings of OPMT 1110 for the Fall 2023 term.

CRN 39512

Duration

Start any time

  • 24 weeks
  • CRN 39512
  • $100.72
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

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$100.72

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

CRN 39561

Duration

Start any time

  • 30 weeks
  • CRN 39561
  • $654.83
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

$654.83

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

CRN 34885

Duration

Tue Sep 05 - Tue Dec 05 (14 weeks)

  • 14 weeks
  • CRN 34885
  • $658.40
Class meeting times
Dates Days Times Locations
Sep 05 - Dec 05 Tue 18:00 - 21:30 Burnaby SE06 Rm. 203
Instructor

Myra Andrews

Course outline

View

Credits

4

Cost

$658.40

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

In Progress and Full

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

CRN 48473

Duration

Tue Sep 05 - Tue Nov 21 (12 weeks)

  • 12 weeks
  • CRN 48473
  • $655.86
Class meeting times
Dates Days Times Locations
Sep 05 - Nov 21 Tue 18:00 - 22:00 Online
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$655.86

Important information
  1. Internet delivery format.
  2. 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 33093

Duration

Wed Sep 06 - Wed Dec 06 (14 weeks)

  • 14 weeks
  • CRN 33093
  • $658.40
Class meeting times
Dates Days Times Locations
Sep 06 - Dec 06 Wed 14:00 - 17:20 Burnaby NE01 Rm. 406
Instructor

Joe Ilsever

Course outline

View

Credits

4

Cost

$658.40

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 bfun@bcit.ca. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status

In Progress and Full

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

CRN 30813

Duration

Sat Sep 09 - Sat Dec 09 (12 weeks)

  • 12 weeks
  • CRN 30813
  • $644.65
Class meeting times
Dates Days Times Locations
Sep 09 - Dec 09 Sat 08:30 - 12:30 Downtown DTC Rm. 470
Instructor

Germain Tanoh

Course outline

View

Credits

4

Cost

$644.65

Important information
  1. No classes on Sat Sept 30 and Nov 11 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 34884

Duration

Sat Sep 09 - Sat Dec 09 (12 weeks)

  • 12 weeks
  • CRN 34884
  • $658.40
Class meeting times
Dates Days Times Locations
Sep 09 - Dec 09 Sat 08:30 - 12:30 Burnaby
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$658.40

Important information
  1. No class on Sat Sept 30, Sat Oct 7 and Sat Nov 11 The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status

Cancelled

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

CRN 46257

Duration

Mon Sep 11 - Mon Dec 11 (11 weeks)

  • 11 weeks
  • CRN 46257
  • $658.40
Class meeting times
Dates Days Times Locations
Sep 11 - Dec 11 Mon 18:00 - 22:40 Burnaby SE06 Rm. 112
Instructor

Joe Ilsever

Course outline

View

Credits

4

Cost

$658.40

Important information
  1. No class on Monday Oct 2, Oct 9 and Nov 13
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 49522

Duration

Tue Sep 12 - Tue Nov 28 (12 weeks)

  • 12 weeks
  • CRN 49522
  • $658.40
Class meeting times
Dates Days Times Locations
Sep 12 - Nov 21 Tue 18:00 - 22:00 Online
Nov 28 Tue 18:00 - 22:00 Burnaby SE06 Rm. 206
Instructor

Daniel Anvari

Course outline

View

Credits

4

Cost

$658.40

Important information
  1. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
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 35420

Duration

Thu Sep 14 - Thu Nov 30 (12 weeks)

  • 12 weeks
  • CRN 35420
  • $658.40
Class meeting times
Dates Days Times Locations
Sep 14 - Nov 30 Thu 18:00 - 22:00 Burnaby
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$658.40

Important information
  1. .
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 18 - Mon Dec 11 (11 weeks)

  • 11 weeks
  • CRN 48613
  • $655.86
Class meeting times
Dates Days Times Locations
Sep 18 - Dec 11 Mon 18:00 - 22:40 Online
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$655.86

Important information
  1. Internet delivery format.
  2. No class on Monday Oct 2, Mon Oct 9 and Mon Nov 13 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.
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 18 - Mon Dec 11 (11 weeks)

  • 11 weeks
  • CRN 49524
  • $617.54
Class meeting times
Dates Days Times Locations
Sep 18 - Dec 11 Mon 18:00 - 22:40 Online
Instructor

TBD

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Cost

$617.54

Important information
  1. Internet delivery format.
  2. No class on Mon, Oct 2, Oct 9 and Nov 13 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
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

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 Full-time
  21. Financial Planning
    Diploma Part-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
    Diploma Full-time
  29. Operations Management (Facilities Management Option)
    Certificate Part-time
  30. Operations Management (Industrial Engineering Option)
    Certificate Part-time
  31. Operations Management (Management Engineering Option)
    Certificate Part-time
  32. Operations Management (Materials Management Option)
    Certificate Part-time

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