OPMT 1110 - Business Mathematics
Operations Management Part-time Studies Course
School of Business
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)
Algebraic skills to at least the Grade 11 level with a minimum 68% final mark. Students who do not have these skills should consider taking OPMT 0199 Math for Business or OPMT 0198 Business Math Assessment Test.
Credits
4.0
Cost
$593.85 - $600.99 See individual course offerings below for actual costs.
Spring/Summer 2019
Below are 10 offerings of this course for the Spring/Summer 2019 term.
CRN 60671
Duration
Start any time
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
Cost
$600.99
Notes
- Internet delivery format.
- 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
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
TBD – see Learning Outcomes in the interim
Cost
$93.90
Notes
- Available for re-registration (course extension) only.
- Departmental approval needed
- Departmental Approval Needed - Students who need more time to complete OPMT 1110 will re-register in this section and have 24 additional weeks in which to complete their course. Please contact Ruth MacKay Ruth_Mackay@bcit.ca
Status
Online registration for this course offering is not available. However, you can still register via phone, mail or in person.
CRN 56750
Duration
Mon Jul 29 - Mon Aug 26 5 Weeks
Class Meeting Times
| Dates | Days | Times | Locations |
| Jul 29 - Aug 26 | Mon/Tue/Wed/Thu | 13:30 - 16:20 | BBY SE06 Rm. 203 |
Instructor
Sam Choo
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$600.99
Notes
- Departmental approval needed
- This section of the course requires DEPARTMENTAL APPROVAL to enter, because it is run concurrently with the Business Fundamentals (BFUN) Program. Priority is given to students who have joined the program: https://www.bcit.ca/study/programs/7985acert, but we anticipate some seats will be released for general enrolment If the program is not showing “full”, then there are seats available for general registration. If you wish to enter this course, please fill out the form at this link https://www.surveymonkey.ca/r/HSRKLT3 Please do not contact the Program Assistant or Program Head to get approval as we will be basing decisions off the survey only. We will contact you within a few working days to let you know our decision.
Status
Online registration for this course offering is not available. However, you can still register via phone, mail or in person.
CRN 66094
Duration
Mon Apr 08 - Mon Jul 15 12 Weeks
Instructor
Daniel Anvari
Course Outline
Cost
$600.99
Notes
- No class on April 22, May 20th and July 1st.
Status
This course offering is in progress and full. Please check this page for other currently available offerings or subscribe to receive email updates.
In Progress and Full
CRN 56011
Duration
Tue Apr 09 - Thu May 30 8 Weeks
Class Meeting Times
| Dates | Days | Times | Locations |
| Apr 09 - May 30 | Tue/Thu | 18:30 - 21:30 | BBY SE06 Rm. 114 |
Instructor
Trevor Jones
Course Outline
Cost
$600.99
Notes
- This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade.
Status
This course offering is in progress and full. Please check this page for other currently available offerings or subscribe to receive email updates.
In Progress and Full
CRN 66095
Duration
Mon Apr 15 - Mon Jul 22 12 Weeks
Class Meeting Times
| Dates | Days | Times | Locations |
| Apr 15 - Jul 22 | Mon | 18:00 - 21:45 | DTC Rm. 682 |
Instructor
Joe Ilsever
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$593.85
Notes
- No class on April 22, May 20th and July 1st.
Status
This course offering is in progress and full. Please check this page for other currently available offerings or subscribe to receive email updates.
In Progress and Full
CRN 56735
Duration
Fri May 03 - Fri Aug 02 12 Weeks
Instructor
Daniel Anvari
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$600.99
Notes
- Departmental approval needed
- This section of the course requires DEPARTMENTAL APPROVAL to enter, because it is run concurrently with the Business Fundamentals (BFUN) Program. Priority is given to students who have joined the program: https://www.bcit.ca/study/programs/7985acert, but we anticipate some seats will be released for general enrolment If the program is not showing “full”, then there are seats available for general registration. If you wish to enter this course, please fill out the form at this link https://www.surveymonkey.ca/r/HSRKLT3 Please do not contact the Program Assistant or Program Head to get approval as we will be basing decisions off the survey only. We will contact you within a few working days to let you know our decision.
Status
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Full
CRN 56758
Duration
Mon May 06 - Mon Aug 26 12 Weeks
Instructor
Germain Tanoh
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$600.99
Notes
- Departmental approval needed
- This section of the course requires DEPARTMENTAL APPROVAL to enter, because it is run concurrently with the Business Fundamentals (BFUN) Program. Priority is given to students who have joined the program: https://www.bcit.ca/study/programs/7985acert, but we anticipate some seats will be released for general enrolment If the program is not showing “full”, then there are seats available for general registration. If you wish to enter this course, please fill out the form at this link https://www.surveymonkey.ca/r/HSRKLT3 Please do not contact the Program Assistant or Program Head to get approval as we will be basing decisions off the survey only. We will contact you within a few working days to let you know our decision. Please note: There will be no class on Monday, May 20th (Victoria Day), and on Monday July 1st (Canada Day), or August 5th (BC Day)
Status
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Full
CRN 21421
Duration
Tue May 28 - Thu Jul 11 7 Weeks
Class Meeting Times
| Dates | Days | Times | Locations |
| May 28 - Jul 11 | Tue/Thu | 09:00 - 12:30 | BBY SE06 Rm. 205 |
Instructor
TBD
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$600.99
Notes
- This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade.
Status
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Full
CRN 50482
Duration
Tue May 28 - Thu Jul 11 7 Weeks
Class Meeting Times
| Dates | Days | Times | Locations |
| May 28 - Jul 11 | Tue/Thu | 18:00 - 21:30 | BBY SE06 Rm. 207 |
Instructor
Myra Andrews
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$600.99
Notes
- This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade.
Status
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Full
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
OPMT 1110 is offered as a part of the following programs:
School of Business
- Accounting
Full-time Diploma - Accounting
Part-time Diploma - Advanced Business Management
Part-time/Distance & Online Learning Certificate - Advanced Human Resource Management
Part-time Certificate - Advanced Marketing Management
Part-time Certificate - Business Administration
Part-time/Distance & Online Learning Associate Certificate - Business Administration (General Option)
Part-time Diploma - Business Administration (Global Studies Option)
Part-time Diploma - Business Administration (Human Resources Option)
Part-time Diploma - Business Administration (Management Option)
Part-time Diploma - Business Administration (Marketing Option)
Part-time Diploma - Business Fundamentals
Full-time Associate Certificate - Business Information Technology Management
Full-time Diploma - Business Management
Part-time Certificate - Business Management
Full-time Diploma - Business Management Studies (BMS)
Full-time Associate Certificate - Business Operations Management
Full-time Diploma - Finance
Full-time Diploma - Finance
Part-time Diploma - Financial Management (Finance Option)
Part-time Certificate - Financial Management (Professional Accounting Option)
Part-time Certificate - Financial Planning
Part-time Diploma - Financial Planning
Full-time Diploma - Fire Executive Management
Part-time/Distance & Online Learning BCIT/Industry Partnership Certificate - General Insurance and Risk Management
Full-time Diploma - Global Business Studies
Part-time Certificate - Human Resource Management
Full-time Diploma - International Business Management (Global Supply Chain Option)
Full-time Diploma - International Business Management (International Business Option)
Full-time Diploma - International Trade and Transportation Logistics
Part-time Certificate - Marketing Management (Professional Sales Option)
Part-time Certificate - Marketing Management (Tourism Management Option)
Part-time Certificate - Marketing Management
Part-time Certificate - Marketing Management (Entrepreneurship Option)
Full-time Diploma - Marketing Management (General Option)
Full-time Diploma - Marketing Management (Marketing Communications Option)
Full-time Diploma - Marketing Management (Professional Real Estate Option)
Full-time Diploma - Marketing Management (Professional Sales Option)
Full-time Diploma - Marketing Management (Tourism Management Option)
Full-time Diploma - Operations Management (Facilities Management Option)
Part-time Certificate - Operations Management (Industrial Engineering Option)
Part-time Certificate - Operations Management (Management Engineering Option)
Part-time Certificate - Operations Management (Materials Management Option)
Part-time Certificate - Operations Management (Quality Management Option)
Part-time Certificate
Books & Supplies
The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.
Spring/Summer 2019
Books for Spring/Summer 2019 offerings of this course are available in the following BCIT online bookstores. Please choose the bookstore appropriate for the offering you are considering.
BCIT Downtown Campus Bookstore
If you are taking this course at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Downtown Campus Bookstore.
| Business Mathematics (Dec 2017) | |
|---|---|
| Author | Opmt: Mallory |
| Binding | Paperback |
| Price | $29.95 |
| Required | |
BCIT Distance & Online Learning Bookstore
If you are taking this course through either Distance Education or Online Learning, please purchase books for this course at the BCIT Distance & Online Learning Bookstore.
| Business Mathematics (Dec 2017) | |
|---|---|
| Author | Opmt: Mallory |
| Binding | Paperback |
| Price | $29.95 |
| Required | |
BCIT Burnaby Bookstore
If you are taking this course, but are not taking it through either Distance Education or Online Learning, nor at the BCIT Downtown Campus (DTC), please purchase books for this course at the BCIT Burnaby Bookstore.
| Business Mathematics (Dec 2017) | |
|---|---|
| Author | Opmt: Mallory |
| Binding | Paperback |
| Price | $29.95 |
| Required | |
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