- International Fees
International fees are typically 3.25 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
$683.51 - $698.17 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).
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Course Offerings
Spring/Summer 2025
Below are five offerings of OPMT 1110 for the Spring/Summer 2025 term.
CRN 56735
Dates
May 06 - Aug 12 Loading
- CRN 56735
- $684.36 Domestic fees
Class meeting times
Duration
15 weeks
Instructor
Daniel Anvari
Course outline
Important information
- International fees are typically 3.25 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
CRN 66094
Dates
May 06 - Jul 29 Loading
- CRN 66094
- $684.36 Domestic fees
Class meeting times
Duration
12 weeks
Instructor
William Ng
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 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- .
Status
CRN 21421
Dates
May 27 - Jul 15 Loading
- CRN 21421
- $684.36 Domestic fees
Class meeting times
Duration
7 weeks
Instructor
Myra Andrews
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 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on Tues, July 1st
Status
CRN 50482
Dates
May 27 - Jul 15 Loading
- CRN 50482
- $684.36 Domestic fees
Class meeting times
Duration
7 weeks
Instructor
Myra Andrews
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 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on Tuesday, July 1st
Status
CRN 69889
Dates
Jun 02 - Aug 15 Loading
- CRN 69889
- $684.34 Domestic fees
Class meeting times
Duration
11 weeks
Instructor
Sam Choo
Course outline
Important information
- International fees are typically 3.25 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
Fall 2025
Below are eight offerings of OPMT 1110 for the Fall 2025 term.
CRN 52217
Dates
Sep 11 - Nov 27 Loading
- CRN 52217
- $683.51 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 11 - Nov 27 | Thu | 17:30 - 21:30 | Downtown DTC Rm. 381 |
Duration
12 weeks
Instructor
Andrew Parkinson
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
CRN 35401
Dates
Sep 02 - Dec 06 Loading
- CRN 35401
- $698.17 Domestic fees
Class meeting times
Duration
14 weeks
Instructor
Amy Goldlist
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- Please note that this is a Hybrid course , both the midterm and the final exams will be on campus
Status
CRN 33093
Dates
Sep 03 - Dec 03 Loading
- CRN 33093
- $698.17 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 03 - Dec 03 | Wed | 14:00 - 17:20 | Burnaby NE01 Rm. 406 |
Duration
14 weeks
Instructor
Joe Ilsever
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.25 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. 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
CRN 52152
Dates
Sep 04 - Dec 04 Loading
- CRN 52152
- $698.17 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 04 - Dec 04 | Thu | 18:00 - 21:30 | Burnaby SW01 Rm. 3190 |
Duration
14 weeks
Instructor
Myra Andrews
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Status
CRN 30813
Dates
Sep 06 - Nov 22 Loading
- CRN 30813
- $683.51 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 06 - Nov 22 | Sat | 08:30 - 12:30 | Downtown DTC Rm. 470 |
Duration
12 weeks
Instructor
Germain Tanoh
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status
CRN 34885
Dates
Sep 09 - Dec 09 Loading
- CRN 34885
- $698.17 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 09 - Dec 09 | Tue | 18:00 - 21:45 | Burnaby NE01 Rm. 422 |
Duration
14 weeks
Instructor
Israr Rahimi
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments. No class on Tuesday, Sept 30 & Tuesday November 11
Status
CRN 49522
Dates
Sep 09 - Dec 09 Loading
- CRN 49522
- $698.17 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 09 - Dec 09 | Tue | 18:00 - 22:00 | Burnaby SW01 Rm. 3170 |
Duration
12 weeks
Instructor
Daniel Anvari
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on Tues, Sept 30 and Tues, Nov 11
Status
CRN 52118
Dates
Sep 09 - Dec 09 Loading
- CRN 52118
- $698.17 Domestic fees
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 09 - Dec 09 | Tue | 18:00 - 20:00 | Burnaby SE12 Rm. 312 |
Duration
12 weeks
Instructor
Armarn Roland
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.25 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This class will be held for 2 hours in class every Tuesday 1800-2000 and the balance will held be online asynchronous.
Status
Programs and courses are subject to change without notice.