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
$594.51 - $614.30 See individual course offerings below for actual costs.
Fall 2019
Below are 12 offerings of this course for the Fall 2019 term.
CRN 39512
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
$93.99
Notes
- Available for re-registration (course extension) only.
- Departmental approval needed
- 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.
Status
CRN 39561
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
$603.08
Notes
- Internet delivery format.
- 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.
Status
CRN 34885
Duration
Tue Sep 03 - Tue Dec 10 14 Weeks
Instructor
Myra Andrews
Course Outline
Cost
$603.08
Notes
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments. No class on September 24th
Status
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
Duration
Wed Sep 04 - Wed Dec 04 14 Weeks
Instructor
Joe Ilsever
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$603.08
Notes
- 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.
Status
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
In Progress
CRN 35420
Duration
Wed Sep 04 - Wed Dec 04 14 Weeks
Instructor
Judy Li
Course Outline
Cost
$603.08
Status
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
In Progress
CRN 33062
Duration
Mon Sep 09 - Mon Dec 09 14 Weeks
Instructor
Joe Ilsever
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$603.08
Notes
- 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. No class October 14 or November 11 due to stat holidays The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
In Progress
CRN 46257
Duration
Mon Sep 09 - Mon Dec 09 12 Weeks
Instructor
Joe Ilsever
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$603.08
Notes
- No class on Monday October 14th and Monday November 11.
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 34886
Duration
Tue Sep 10 - Tue Nov 26 12 Weeks
Instructor
Daniel Anvari
Course Outline
Cost
$603.08
Notes
- No classes on October 13.
Status
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
In Progress
CRN 35401
Duration
Wed Sep 11 - Wed Nov 27 12 Weeks
Instructor
Germain Tanoh
Course Outline
Cost
$603.08
Notes
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
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 46250
Duration
Thu Sep 12 - Thu Nov 28 12 Weeks
Class Meeting Times
| Dates | Days | Times | Locations |
| Sep 12 - Nov 28 | Thu | 17:30 - 21:30 | DTC Rm. 460 |
Instructor
Andrew Parkinson
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$594.51
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 30813
Duration
Sat Sep 14 - Sat Nov 30 12 Weeks
Class Meeting Times
| Dates | Days | Times | Locations |
| Sep 14 - Nov 30 | Sat | 08:30 - 12:30 | DTC Rm. 483 |
Instructor
Germain Tanoh
Course Outline
Cost
$594.51
Notes
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments. No class on Saturday November 11th (Remembrance Day).
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 34884
Duration
Sat Sep 14 - Sat Nov 30 12 Weeks
Instructor
Illya Kochergin
Course Outline
Cost
$603.08
Notes
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
In Progress
Winter 2020
Below are eight offerings of this course for the Winter 2020 term.
CRN 73981
Duration
Tue Jan 07 - Tue Mar 24 12 Weeks
Instructor
Trevor Jones
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$614.30
Status
A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.
}Status
14 seats available as of Nov 12, 2019 12:15 am (PST). These seats are currently reserved for domestic students only. Availability may change at any time.
CRN 78486
Duration
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
TBD – see Learning Outcomes in the interim
Cost
$605.73
Status
A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.
}Status
10 seats available as of Nov 12, 2019 12:15 am (PST). Of these 10, 7 are currently reserved for domestic students only. Availability may change at any time.
CRN 86655
Duration
Tue Jan 07 - Tue Mar 24 12 Weeks
Class Meeting Times
| Dates | Days | Times | Locations |
| Jan 07 - Mar 24 | Tue | 18:30 - 21:30 | BBY |
Instructor
Germain Tanoh
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$614.30
Status
A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.
}Status
13 seats available as of Nov 12, 2019 12:15 am (PST). These seats are currently reserved for domestic students only. Availability may change at any time.
CRN 86523
Duration
Wed Jan 08 - Wed Mar 25 12 Weeks
Instructor
Judy Li
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$614.30
Status
A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.
}Status
6 seats remaining as of Nov 12, 2019 12:15 am (PST). These seats are currently reserved for domestic students only. Availability may change at any time.
CRN 73982
Duration
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
TBD – see Learning Outcomes in the interim
Cost
$605.73
Status
A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.
}Status
13 seats available as of Nov 12, 2019 12:15 am (PST). These seats are currently reserved for domestic students only. Availability may change at any time.
CRN 86476
Duration
Thu Jan 09 - Thu Mar 26 12 Weeks
Instructor
Daniel Anvari
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$614.30
Notes
- No class on Monday, February 17th
Status
A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.
}Status
20 seats available as of Nov 12, 2019 12:15 am (PST). These seats are currently reserved for domestic students only. Availability may change at any time.
CRN 13780
Duration
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
TBD – see Learning Outcomes in the interim
Cost
$605.73
Notes
- .
Status
A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.
}Status
19 seats available as of Nov 12, 2019 12:15 am (PST). These seats are currently reserved for domestic students only. Availability may change at any time.
CRN 41328
Duration
Sat Jan 11 - Sat Mar 28 12 Weeks
Instructor
Illya Kochergin
Course Outline
TBD – see Learning Outcomes in the interim
Cost
$614.30
Status
A portion of seats are temporarily held for domestic students. International students: this may impact your ability to register. Learn why.
}Status
13 seats available as of Nov 12, 2019 12:15 am (PST). These seats are currently reserved for domestic students only. Availability may change at any time.
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 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 (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.
Fall 2019
Books for Fall 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 | |
Winter 2020
No information on books is currently available for Winter 2020 offerings of this course.
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