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

BCIT

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

$605.73 - $614.30 See individual course offerings below for actual costs.

Winter 2020

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

CRN 79516

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

$92.47

Notes

  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. 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@bcit.ca

Online registration for this course offering is not available. However, you can still register via phone, mail or in person.

Registration Options

CRN 79239

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

$614.30

Notes

  1. Internet delivery format.
  2. Note: Students may register at any time through the year and have 30 weeks in which to complete the course. A textbook 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

CRN 18678

Tue Jan 07 - Tue Mar 24 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 07 - Mar 24 Tue 13:30 - 17:30 BBY NE01 Rm. 404

Instructor

William Ng

Course Outline

Cost

$614.30

Notes

  1. 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.

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

In Progress

CRN 73981

Tue Jan 07 - Tue Mar 24 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 07 - Mar 24 Tue 18:00 - 22:00 BBY SW01 Rm. 4076

Instructor

Trevor Jones

Course Outline

Cost

$614.30

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

In Progress

CRN 78486

Tue Jan 07 - Thu Feb 27 8 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 07 - Feb 27 Tue/Thu 09:00 - 12:00 DTC Rm. 483

Instructor

Andrew Parkinson

Course Outline

Cost

$605.73

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

In Progress

CRN 86655

Tue Jan 07 - Tue Mar 24 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 07 - Mar 24 Tue 18:00 - 22:00 BBY NE01 Rm. 404

Instructor

Germain Tanoh

Course Outline

Cost

$614.30

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 86523

Wed Jan 08 - Wed Mar 25 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 08 - Mar 25 Wed 18:00 - 22:00 BBY SW01 Rm. 2005

Instructor

Judy Li

Course Outline

Cost

$614.30

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 73982

Thu Jan 09 - Thu Mar 26 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 09 - Mar 26 Thu 17:30 - 21:30 DTC Rm. 688

Instructor

Germain Tanoh

Course Outline

Cost

$605.73

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

In Progress

CRN 86476

Thu Jan 09 - Thu Mar 26 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 09 - Mar 26 Thu 18:00 - 22:00 BBY SW01 Rm. 2004

Instructor

Daniel Anvari

Course Outline

Cost

$614.30

Notes

  1. No class on Monday, February 17th

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

In Progress

CRN 13780

Fri Jan 10 - Fri Mar 27 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 10 - Mar 27 Fri 08:30 - 12:30 DTC Rm. 483

Instructor

Joe Ilsever

Course Outline

Cost

$605.73

Notes

  1. .

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 44946

Fri Jan 10 - Fri Mar 27 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 10 - Mar 27 Fri 13:30 - 17:30 BBY NE01 Rm. 209

Instructor

William Ng

Course Outline

Cost

$614.30

Notes

  1. 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.

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

In Progress

CRN 41328

Sat Jan 11 - Sat Mar 28 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 11 - Mar 28 Sat 08:30 - 12:30 BBY NE01 Rm. 403

Instructor

Illya Kochergin

Course Outline

Cost

$614.30

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

In Progress

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

  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
    Full-time   Diploma
  14. Business Management
    Part-time   Certificate
  15. Business Management
    Full-time   Diploma
  16. Business Operations Management
    Full-time   Diploma
  17. Finance
    Full-time   Diploma
  18. Finance
    Part-time   Diploma
  19. Financial Management (Finance Option)
    Part-time   Certificate
  20. Financial Management (Professional Accounting Option)
    Part-time   Certificate
  21. Financial Planning
    Part-time   Diploma
  22. Financial Planning
    Full-time   Diploma
  23. Fire Executive Management
    Part-time/Distance & Online Learning   BCIT/Industry Partnership Certificate
  24. General Insurance and Risk Management
    Full-time   Diploma
  25. Global Business Studies
    Part-time   Certificate
  26. Human Resource Management
    Full-time   Diploma
  27. International Business Management (Global Supply Chain Option)
    Full-time   Diploma
  28. International Business Management (International Business Option)
    Full-time   Diploma
  29. International Trade and Transportation Logistics
    Part-time   Certificate
  30. Marketing Management (Tourism Management Option)
    Part-time   Certificate
  31. Marketing Management
    Part-time   Certificate
  32. Marketing Management (Entrepreneurship Option)
    Full-time   Diploma
  33. Marketing Management (General Option)
    Full-time   Diploma
  34. Marketing Management (Marketing Communications Option)
    Full-time   Diploma
  35. Marketing Management (Professional Real Estate Option)
    Full-time   Diploma
  36. Marketing Management (Professional Sales Option)
    Full-time   Diploma
  37. Marketing Management (Tourism Management Option)
    Full-time   Diploma
  38. Operations Management (Facilities Management Option)
    Part-time   Certificate
  39. Operations Management (Industrial Engineering Option)
    Part-time   Certificate
  40. Operations Management (Management Engineering Option)
    Part-time   Certificate
  41. Operations Management (Materials Management Option)
    Part-time   Certificate
  42. 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.

Winter 2020

Books for Winter 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 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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English Language Proficiency

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 Winter 2020 term.

The sneak preview for the Spring/Summer 2020 term starts Fri, Feb 14 at 8:30 am (PST).

Students may register for Spring/Summer 2020 term courses online, by phone, mail or in-person starting Wed, Feb 19 at 9:00 am (PST).

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