- International Fees
International fees are typically 3.12 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
$670.07 - $684.36 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
- Accounting
Diploma Full-time
- Accounting
Diploma Part-time
- Business Administration (General Option)
Diploma Part-time
- Business Administration (Global Studies Option)
Diploma Part-time
- Business Administration (Human Resources Option)
Diploma Part-time
- Business Administration (Management Option)
Diploma Part-time
- Business Administration (Marketing Option)
Diploma Part-time
- Business Fundamentals
Associate Certificate Full-time
- Business Information Technology Management
Diploma Full-time
- Business Management
Diploma Full-time
- Business Operations Management
Diploma Full-time
- Finance
Diploma Full-time
- Finance
Diploma Part-time
- Financial Management (Finance Option)
Certificate Part-time
- Financial Management (Professional Accounting Option)
Certificate Part-time
- Financial Planning
Diploma Full-time
- Financial Planning
Diploma Part-time
- Fire Executive Management
BCIT/Industry Partnership Certificate Part-time
- General Insurance and Risk Management
Diploma Full-time
- Global Supply Chain Management
Diploma Full-time
- Global Trade and Transportation Management
Diploma Full-time
- Human Resource Management
Diploma Full-time
- International Trade and Transportation Logistics
Certificate Part-time
- Marketing Management
Certificate Part-time
- Marketing Management
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
Course Offerings
Winter 2025
Below are six offerings of OPMT 1110 for the Winter 2025 term.
CRN 92564
Dates
Jan 06 - Apr 12 In Progress and Full
- CRN 92564
- $684.36 Domestic fees
Class meeting times
Duration
14 weeks
Instructor
Amy Goldlist
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 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, March 1 1000 -1300 and Saturday April 12 1000 - 1300
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 92740
Dates
Jan 07 - Apr 22 In Progress and Full
- CRN 92740
- $670.07 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 07 - Apr 22 | Tue | 17:30 - 20:30 | Downtown DTC Rm. 483 |
Duration
16 weeks
Instructor
Andrew Parkinson
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
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 46721
Dates
Jan 09 - Mar 27 In Progress
- CRN 46721
- $684.36 Domestic fees
Class meeting times
Duration
12 weeks
Instructor
Germain Tanoh
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 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. ***Please note that there will be 3 exams that will be held in person on campus as follows: February 6th at 1745, March 6th at 1745 and March 27 at 1745.
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 92717
Dates
Jan 09 - Mar 27 In Progress and Full
- CRN 92717
- $684.36 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 09 - Mar 27 | Thu | 18:00 - 22:00 | Burnaby SE12 Rm. 312 |
Duration
12 weeks
Instructor
Trevor Jones
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
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 13780
Dates
Jan 10 - Mar 28 In Progress and Full
- CRN 13780
- $670.07 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 10 - Mar 28 | Fri | 08:30 - 12:30 | Downtown DTC Rm. 481 |
Duration
12 weeks
Instructor
William Ng
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on March 29
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 92839
Dates
Jan 13 - Apr 07 In Progress
- CRN 92839
- $684.36 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 13 - Apr 07 | Mon | 18:00 - 22:00 | Burnaby SE06 Rm. 209 |
Duration
12 weeks
Instructor
William Ng
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on Monday, February 17 (Family Day)
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
Spring/Summer 2025
Below are nine offerings of OPMT 1110 for the Spring/Summer 2025 term.
CRN 70004
Dates
Apr 02 - May 28 Seats Available
- CRN 70004
- $684.36 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 02 - May 28 | Wed, Fri | 18:00 - 21:00 | Burnaby NE22 Rm. 104 |
Duration
8 weeks
Instructor
Spencer Richardson
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on Friday, April 18th
Status
Seats Available
This course offering has seats available.
CRN 56735
Dates
May 06 - Aug 12 Seats Available
- CRN 56735
- $684.36 Domestic fees
Class meeting times
Duration
15 weeks
Instructor
Daniel Anvari
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- 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 send any inquiries to bfun@bcit.ca.
Status
Seats Available
3 seats remaining as of Thu March 27, 2025 at 10:17 am (PDT). Availability may change at any time.
CRN 50482
Dates
May 27 - Jul 15 Seats Available
- CRN 50482
- $684.36 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| May 27 - Jul 15 | Tue, Thu | 18:00 - 21:30 | Burnaby SW01 Rm. 2016 |
Duration
7 weeks
Instructor
Myra Andrews
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on Tuesday, July 1st
Status
Seats Available
This course offering has seats available.
CRN 69889
Dates
Jun 02 - Aug 15 Seats Available
- CRN 69889
- $684.34 Domestic fees
Class meeting times
Duration
11 weeks
Instructor
Sam Choo
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course is asynchronous and does not require you to meet every week at a specific time, however, there will be specific timelines for assignments and exams. Please note that both the midterm exam and the final exam will be in person on campus. Midterm Saturday, May 3 10:00 am and Final Saturday, June 28 at 10:00 am. 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 Thu March 27, 2025 at 10:17 am (PDT). Availability may change at any time.
CRN 69401
Dates
Apr 01 - Jun 28 Full
- CRN 69401
- $670.07 Domestic fees
Class meeting times
Duration
13 weeks
Instructor
Amy Goldlist
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course is asynchronous and does not require you to meet every week at a specific time, however, there will be specific timelines for assignments and exams. Please note that both the midterm exam and the final exam will be in person on campus. Midterm Saturday, May 3 10:00 am and Final Saturday, June 28 at 10:00 am. 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
Full
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 56011
Dates
Apr 07 - Jun 04 Full
- CRN 56011
- $684.36 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 07 - Jun 04 | Mon, Wed | 18:00 - 21:00 | Burnaby NE01 Rm. 404 |
Duration
8 weeks
Instructor
Germain Tanoh
Course outline
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on Mon Apr 21and May 19
Status
Full
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 69824
Dates
Apr 09 - Jun 25 Full
- CRN 69824
- $684.36 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 09 - Jun 25 | Wed | 18:00 - 22:00 | Burnaby NE01 Rm. 403 |
Duration
12 weeks
Instructor
Daniel Anvari
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
Full
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 69976
Dates
Apr 09 - Jun 25 Full
- CRN 69976
- $684.36 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Apr 09 - Jun 25 | Wed | 18:00 - 22:00 | Burnaby SE12 Rm. 312 |
Duration
12 weeks
Instructor
Israr Rahimi
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
Full
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 66094
Dates
May 06 - Jul 29 Full
- CRN 66094
- $684.36 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| May 06 - Jul 29 | Tue | 18:00 - 22:00 | Burnaby NE01 Rm. 403 |
Duration
12 weeks
Instructor
William Ng
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- .
Status
Full
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Programs and courses are subject to change without notice.