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. Spring and Summer 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
$601.23 - $616.33 See individual course offerings below for actual costs.
Spring/Summer 2020
Below are four offerings of this course for the Spring/Summer 2020 term.
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
$94.14
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 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
$601.23
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
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 25 - Mon Aug 17 12 Weeks
Class Meeting Times
| Dates | Days | Times | Locations |
| May 25 - Aug 17 | Mon | 13:30 - 17:20 | BBY Online Delivery |
Instructor
Germain Tanoh
Course Outline
Cost
$614.30
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 August 3 due to statutory holidays.
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 56750
Duration
Tue Aug 04 - Mon Aug 31 5 Weeks
Class Meeting Times
| Dates | Days | Times | Locations |
| Aug 04 - Aug 31 | Mon/Tue/Wed/Thu | 18:00 - 21:30 | BBY Online Delivery |
Instructor
Sam Choo
Course Outline
Cost
$614.30
Notes
- Departmental approval needed
- Please join the waitlist to be considered for approval. This section requires department approval. For approval, please contact the Program Assistant, Sarah Chanway at schanway@bcit.ca. Please include your BCIT student ID number and a brief explanation of why you wish to register. No class August 3 due to statutory holiday.
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
Fall 2020
Below are 10 offerings of this course for the Fall 2020 term.
CRN 35420
Duration
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
TBD – see Learning Outcomes in the interim
Cost
$616.33
Notes
- No class on Wed, Nov 11
Status
CRN 34885
Duration
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
TBD – see Learning Outcomes in the interim
Cost
$616.33
Notes
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status
1 seat remaining as of Aug 10, 2020 5:43 pm (PDT). Availability may change at any time.
CRN 35401
Duration
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
TBD – see Learning Outcomes in the interim
Cost
$616.33
Notes
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments. No class on Wed, November 11
Status
CRN 30813
Duration
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
TBD – see Learning Outcomes in the interim
Cost
$606.33
Notes
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status
CRN 34884
Duration
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
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
Status
CRN 46257
Duration
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
TBD – see Learning Outcomes in the interim
Cost
$616.33
Notes
- No class on Monday, October 12
Status
4 seats remaining as of Aug 10, 2020 5:43 pm (PDT). Availability may change at any time.
CRN 34886
Duration
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
TBD – see Learning Outcomes in the interim
Cost
$616.33
Notes
- .
Status
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Full
CRN 33093
Duration
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
TBD – see Learning Outcomes in the interim
Cost
$616.33
Notes
- 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.
Status
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Full
CRN 46250
Duration
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
TBD – see Learning Outcomes in the interim
Cost
$606.33
Status
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Full
CRN 33062
Duration
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
- Departmental approval needed
- 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.
Status
This course offering has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.
Cancelled
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
- 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 (Artificial Intelligence Management Option)
Full-time Diploma - Business Information Technology Management
Full-time Diploma - Business Information Technology Management (Enterprise Systems Management Option)
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
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 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
Books & Supplies
The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.
Spring/Summer 2020
Books for Spring/Summer 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 | |
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 | |
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