British Columbia Institute of Technologywww.bcit.ca/study/courses/opmt1110

Important Notice: COVID-19 Institute response

BCIT

OPMT 1110 - Business Mathematics

Operations Management Part-time Studies Course

School of Business + Media

To support you and your education, BCIT is adapting applied learning in formats appropriate to the unfolding global situation. All PTS classes are being delivered in an online format unless you are notified otherwise.

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. Alternatively, students can take OPMT1199 Business Math and Algebra which includes review of algebra and tutorials. This course is designed to support understanding and development of basic skills and is equivalent to OPMT1110 and OPMT0199 combined.

Credits

4.0

Cost

$606.33 - $616.33 See individual course offerings below for actual costs.

Fall 2020

Below are 12 offerings of this course for the Fall 2020 term.

CRN 39512

Start any time

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

$94.19

Notes

  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. This section is for students who are current OPMT 1110 online students only. Students needing to extend their online time limit will register into this section and be given an additional 24 weeks to complete their course. Departmental approval is needed. Please contact Ruth MacKay with details at ruth_mackay@bcit.ca.

CRN 39561

Start any time

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

$616.33

Notes

  1. Internet delivery format.
  2. 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.

CRN 35420

Wed Sep 02 - Wed Dec 09 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 02 - Dec 09 Wed 18:00 - 21:30 BBY Online Delivery

Instructor

Judy Li

Course Outline

Cost

$616.33

Notes

  1. No class on Wed, Nov 11

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

CRN 34885

Tue Sep 08 - Tue Dec 08 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 08 - Dec 08 Tue 18:00 - 21:30 BBY Online Delivery

Instructor

Myra Andrews

Course Outline

Cost

$616.33

Notes

  1. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

CRN 34886

Tue Sep 08 - Tue Nov 24 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 08 - Nov 24 Tue 17:30 - 21:30 BBY Online Delivery

Instructor

Daniel Anvari

Course Outline

Cost

$616.33

Notes

  1. .

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

CRN 33093

Wed Sep 09 - Wed Dec 16 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 09 - Dec 16 Wed 14:00 - 17:20 BBY Online Delivery

Instructor

Joe Ilsever

Course Outline

Cost

$616.33

Notes

  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. No class November 11 due to statutory holiday.

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 35401

Wed Sep 09 - Wed Dec 02 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 09 - Dec 02 Wed 17:30 - 21:30 BBY Online Delivery

Instructor

Germain Tanoh

Course Outline

Cost

$616.33

Notes

  1. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments. No class on Wed, November 11

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

CRN 46250

Thu Sep 10 - Thu Nov 26 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 10 - Nov 26 Thu 17:30 - 21:30 DTC Online Delivery

Instructor

Andrew Parkinson

Course Outline

Cost

$606.33

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

CRN 30813

Sat Sep 12 - Sat Nov 28 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 12 - Nov 28 Sat 08:30 - 12:30 DTC Online Delivery

Instructor

Germain Tanoh

Course Outline

Cost

$606.33

Notes

  1. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

CRN 34884

Sat Sep 12 - Sat Nov 28 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 12 - Nov 28 Sat 08:30 - 12:30 BBY Online Delivery

Instructor

Illya Kochergin

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.

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 33062

Mon Sep 14 - Mon Dec 14 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 14 - Dec 14 Mon 13:30 - 17:20 BBY Online Delivery

Instructor

TBD

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. Departmental approval needed
  2. To request registration, please select BFUN on the waitlist found at https://sobptswaitlist.bcitsitecentre.ca/. 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. No class October 12 due to statutory holiday.

This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.

Cancelled

CRN 46257

Mon Sep 14 - Mon Dec 07 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 14 - Dec 07 Mon 18:00 - 22:00 BBY Online Delivery

Instructor

Joe Ilsever

Course Outline

Cost

$616.33

Notes

  1. No class on Monday, October 12

This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.

In Progress

Winter 2021

Below are 10 offerings of this course for the Winter 2021 term.

CRN 73981

Tue Jan 05 - Tue Mar 30 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 05 - Mar 30 Tue 18:00 - 22:00 Online Delivery
See Notes below

Instructor

Trevor Jones

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. 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.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

CRN 78486

Tue Jan 05 - Thu Feb 25 8 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 05 - Feb 25 Tue/Thu 09:00 - 12:00 Online Delivery
See Notes below

Instructor

Andrew Parkinson

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$606.33

Notes

  1. 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.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

CRN 86655

Tue Jan 05 - Tue Mar 23 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 05 - Mar 23 Tue 18:00 - 22:00 Online Delivery
See Notes below

Instructor

Germain Tanoh

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. 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.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

CRN 73982

Thu Jan 07 - Thu Mar 25 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 07 - Mar 25 Thu 17:30 - 21:30 Online Delivery
See Notes below

Instructor

Germain Tanoh

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$606.33

Notes

  1. 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.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

CRN 86476

Thu Jan 07 - Thu Mar 25 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 07 - Mar 25 Thu 18:00 - 22:00 Online Delivery
See Notes below

Instructor

Daniel Anvari

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. No class on Monday Feb 15 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.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

CRN 13780

Fri Jan 08 - Fri Mar 26 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 08 - Mar 26 Fri 08:30 - 12:30 Online Delivery
See Notes below

Instructor

Joe Ilsever

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$606.33

Notes

  1. 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. .
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

CRN 41328

Sat Jan 09 - Sat Mar 27 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 09 - Mar 27 Sat 08:30 - 12:30 Online Delivery
See Notes below

Instructor

Illya Kochergin

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. 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.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

CRN 18678

Tue Jan 12 - Tue Mar 30 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 12 - Mar 30 Tue 13:30 - 17:30 Online Delivery
See Notes below

Instructor

William Ng

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. Departmental approval needed
  2. 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. If you wish to register, please add your name to the waitlist: https://sobptswaitlist.bcitsitecentre.ca/ 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. For details on technology requirements, please refer to https://www.bcit.ca/files/business/pdf/bcit-sobm-byod.pdf. Please send any inquiries regarding this section to the Program Assistant, Sarah Chanway at schanway@bcit.ca.
  3. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

CRN 86523

Wed Jan 13 - Wed Mar 31 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 13 - Mar 31 Wed 18:00 - 22:00 Online Delivery
See Notes below

Instructor

Judy Li

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. 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.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

CRN 44946

Fri Jan 15 - Fri Apr 09 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 15 - Apr 09 Fri 13:30 - 17:30 Online Delivery
See Notes below

Instructor

William Ng

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. Departmental approval needed
  2. 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. If you wish to register, please add your name to the waitlist: https://sobptswaitlist.bcitsitecentre.ca/ No class April 2 (Good Friday). 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. For details on technology requirements, please refer to https://www.bcit.ca/files/business/pdf/bcit-sobm-byod.pdf. Please send any inquiries regarding this section to the Program Assistant, Sarah Chanway at schanway@bcit.ca.
  3. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.

}

This section is only available for registration starting Wed, Oct 28 at 9:00 am (PDT)

Sneak Preview

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 + Media

  1. Accounting
    Full-time   Diploma
  2. Accounting
    Part-time   Diploma
  3. Advanced Business Management
    Part-time/Distance & Online Learning   Certificate
  4. Advanced Human Resource Management
    Part-time   Certificate
  5. Advanced Marketing Management
    Part-time   Certificate
  6. Business Administration
    Part-time/Distance & Online Learning   Associate Certificate
  7. Business Administration (General Option)
    Part-time   Diploma
  8. Business Administration (Global Studies Option)
    Part-time   Diploma
  9. Business Administration (Human Resources Option)
    Part-time   Diploma
  10. Business Administration (Management Option)
    Part-time   Diploma
  11. Business Administration (Marketing Option)
    Part-time   Diploma
  12. Business Fundamentals
    Full-time   Associate Certificate
  13. Business Information Technology Management (Artificial Intelligence Management Option)
    Full-time   Diploma
  14. Business Information Technology Management
    Full-time   Diploma
  15. Business Information Technology Management (Enterprise Systems Management Option)
    Full-time   Diploma
  16. Business Management
    Full-time   Diploma
  17. Business Operations Management
    Full-time   Diploma
  18. Finance
    Full-time   Diploma
  19. Finance
    Part-time   Diploma
  20. Financial Management (Finance Option)
    Part-time   Certificate
  21. Financial Management (Professional Accounting Option)
    Part-time   Certificate
  22. Financial Planning
    Part-time   Diploma
  23. Financial Planning
    Full-time   Diploma
  24. Fire Executive Management
    Part-time/Distance & Online Learning   BCIT/Industry Partnership Certificate
  25. General Insurance and Risk Management
    Full-time   Diploma
  26. Global Business Studies
    Part-time   Certificate
  27. Human Resource Management
    Full-time   Diploma
  28. International Business Management (Global Supply Chain Option)
    Full-time   Diploma
  29. International Business Management (International Business Option)
    Full-time   Diploma
  30. International Trade and Transportation Logistics
    Part-time   Certificate
  31. Marketing Management
    Part-time   Certificate
  32. Marketing Management (Entrepreneurship Option)
    Full-time   Diploma
  33. Marketing Management (Marketing Communications Option)
    Full-time   Diploma
  34. Marketing Management (Professional Sales Option)
    Full-time   Diploma
  35. Marketing Management (Tourism Management Option)
    Full-time   Diploma
  36. Marketing Management
    Full-time   Diploma
  37. Operations Management (Facilities Management Option)
    Part-time   Certificate
  38. Operations Management (Industrial Engineering Option)
    Part-time   Certificate
  39. Operations Management (Management Engineering Option)
    Part-time   Certificate
  40. Operations Management (Materials 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.

Fall 2020

Books for Fall 2020 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 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

Winter 2021

No information on books is currently available for Winter 2021 offerings of this course.

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BCIT's Part-time Studies English Language Proficiency Standard is English 12 (or equivalency). Students who do not meet this requirement should upgrade their English skills prior to any future registration.

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Registration News

Registration is currently open for the Fall 2020 term.

A sneak preview of Winter 2021 term courses is also now available here.

Students may register for Winter 2021 term courses online or by phone starting Wed, Oct 28 at 9:00 am (PDT).

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