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
- Available for re-registration (course extension) only.
- Departmental approval needed
-
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
Credits
4
Cost
$641.19
Important information
- Internet delivery format.
-
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
Credits
4
Cost
$643.38
Important information
-
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
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
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
Credits
4
Cost
$643.38
Important information
-
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
- 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.
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
- 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
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
- Internet delivery format.
-
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
- Internet delivery format.
-
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
-
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
-
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
Credits
4
Cost
$630.52
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:
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