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Business Mathematics OPMT 1110

Operations Management Part-time Studies Course

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

View

Credits

4

Cost

$592.71

Important information
  1. Internet delivery format.
  2. 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
  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. 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

Registration Options

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
  1. 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
  1. 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

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

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

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

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
  1. 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
  1. 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

View

Credits

4

Cost

$630.52

Important information
  1. 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

View

Credits

4

Cost

$643.38

Important information
  1. 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
  1. .
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
  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

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
  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. 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
  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.

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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  13. Business Information Technology Management (Enterprise Systems Management Option)
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  14. Business Management
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  15. Business Operations Management
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  16. Finance
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  17. Finance
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  19. Financial Management (Professional Accounting Option)
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  20. Financial Planning
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  22. Fire Executive Management
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  23. General Insurance and Risk Management
    Diploma Full-time
  24. Global Trade and Transportation Management
    Diploma Full-time
  25. Human Resource Management
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  26. International Trade and Transportation Logistics
    Certificate Part-time
  27. Marketing Management
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  28. Marketing Management (Marketing Communications Option)
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  29. Marketing Management (Professional Real Estate Option)
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  30. Marketing Management (Professional Sales Option)
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  31. Marketing Management (Tourism Management Option)
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  32. Marketing Management
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  33. Marketing Management (Entrepreneurship Option)
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  34. Operations Management (Facilities Management Option)
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  35. Operations Management (Industrial Engineering Option)
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  36. Operations Management (Management Engineering Option)
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  37. Operations Management (Materials Management Option)
    Certificate Part-time

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