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

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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

$581.20 - $616.33 See individual course offerings below for actual costs.

Spring/Summer 2021

Below are nine offerings of this course for the Spring/Summer 2021 term.

CRN 60671

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

$581.20

Notes

  1. Internet delivery format.
  2. 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.

CRN 61411

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

$94.34

Notes

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

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

Registration Options

CRN 56735

Fri May 07 - Fri Aug 13 12 Weeks

Class Meeting Times

Dates Days Times Locations
May 07 - Aug 13 Fri 13:30 - 17:00 Online Delivery
See Notes below

Instructor

Daniel Anvari

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. Please direct any inquiries to the Program Assistant, Sarah Chanway, at schanway@bcit.ca.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

CRN 21421

Tue Jun 01 - Tue Jul 20 7 Weeks

Class Meeting Times

Dates Days Times Locations
Jun 01 - Jul 20 Tue/Thu 09:00 - 12:30 Online Delivery
See Notes below

Instructor

Myra Andrews

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. No class on July 1st This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

CRN 50482

Tue Jun 01 - Tue Jul 20 7 Weeks

Class Meeting Times

Dates Days Times Locations
Jun 01 - Jul 20 Tue/Thu 18:00 - 21:30 Online Delivery
See Notes below

Instructor

Myra Andrews

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. No class on July 1st This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

CRN 56750

Tue Aug 03 - Mon Aug 30 5 Weeks

Class Meeting Times

Dates Days Times Locations
Aug 03 - Aug 30 Mon/Tue/Wed/Thu 13:30 - 16:20 Online Delivery
See Notes below

Instructor

Sam Choo

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$616.33

Notes

  1. Please direct any inquiries to the Program Assistant, Sarah Chanway, at schanway@bcit.ca.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

CRN 56011

Tue Apr 06 - Thu May 27 8 Weeks

Class Meeting Times

Dates Days Times Locations
Apr 06 - May 27 Tue/Thu 18:30 - 21:30 Online Delivery
See Notes below

Instructor

Trevor Jones

Course Outline

Cost

$616.33

Notes

  1. This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

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

In Progress

CRN 66094

Tue Apr 13 - Tue Jun 29 12 Weeks

Class Meeting Times

Dates Days Times Locations
Apr 13 - Jun 29 Tue 18:00 - 22:00 Online Delivery
See Notes below

Instructor

Daniel Anvari

Course Outline

Cost

$616.33

Notes

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

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

In Progress

CRN 66095

Tue Apr 27 - Wed Jun 16 8 Weeks

Class Meeting Times

Dates Days Times Locations
Apr 27 - Jun 16 Tue/Wed 18:00 - 21:00 Online Delivery
See Notes below

Instructor

Joe Ilsever

Course Outline

Cost

$606.33

Notes

  1. No class on May 24.
  2. Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.

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

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Registration is currently open for the Spring/Summer 2021 term.

The sneak preview for the Fall 2021 term starts Fri, May 21 at 8:30 am (PDT).

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