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

BCIT is planning for a substantial return to on-campus activity for the fall 2021 term as informed by BC Public Health Officer guidelines. Refer to each course listing for details.

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

$618.11 - $629.54 See individual course offerings below for actual costs.

Fall 2021

Below are six offerings of this course for the Fall 2021 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

$95.96

Notes

  1. Available for re-registration (course extension) only.
  2. Departmental approval needed
  3. This section is a 24 week extension only for Distance Education students whose original 30 week time limit is about to expire. Students who need more time to complete the Distance Education course should contact 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

$628.55

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 34885

Tue Sep 07 - Tue Dec 07 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 07 - Dec 07 Tue 18:00 - 21:30 BBY SW03 Rm. 3615

Instructor

Myra Andrews

Course Outline

Cost

$629.54

Notes

  1. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
  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 35420

Wed Sep 08 - Wed Dec 08 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 08 - Dec 08 Wed 18:00 - 21:30 BBY SW01 Rm. 2030

Instructor

Judy Li

Course Outline

Cost

$629.54

Notes

  1. No class on Wed, Nov 11
  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 46257

Mon Sep 13 - Mon Dec 06 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 13 - Dec 06 Mon 18:00 - 22:00 BBY

Instructor

TBD

Course Outline

Cost

$629.54

Notes

  1. No class on Monday, October 11
  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 has been cancelled. Please check this page for other currently available offerings or subscribe to receive email updates.

Cancelled

CRN 48613

Mon Sep 20 - Mon Dec 13 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 20 - Dec 13 Mon 18:00 - 22:00 Online

Instructor

Illya Kochergin

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$629.54

Notes

  1. Internet delivery format.
  2. No class on Monday October 11th

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

In Progress

Winter 2022

Below are 10 offerings of this course for the Winter 2022 term.

CRN 73981

Tue Jan 04 - Tue Mar 22 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 04 - Mar 22 Tue 18:00 - 22:00 BBY SW01 Rm. 4076

Instructor

Trevor Jones

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$629.54

CRN 46721

Thu Jan 06 - Thu Mar 24 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 06 - Mar 24 Thu 17:30 - 21:30 Online

Instructor

Germain Tanoh

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$629.54

Notes

  1. Internet delivery format.
  2. Welcome to BCIT School of Business + Media. Please be advised of the following information about your Part-time Studies course. You have registered for a course that will be held entirely online, however this is a synchronous course which requires you to be online on the posted days and times shown on your myBCIT schedule. In this course, you will be using an online teaching tool called the Learning Hub, also known as D2L or Brightspace. The Learning Hub is where your instructor will share information, resources, assignments, deadlines and this is where you will submit your work, and communicate with both your instructor and classmates. Ensure that you are able to log in before your course starts. To log in, view your courses, set up notifications, and access the tools you need, please go directly to the Learning Hub at https://learn.bcit.ca/d2l/home. Access to this course will be available either on or shortly before the start date. It is important you have a stable and consistent internet connection to access course content. Please check the following link to ensure you meet the computer requirements for the class. https://www.bcit.ca/files/business/pdf/bcit-sobm-byod.pdf Now that you are registered for a course, please check your myBCIT account daily for messages from BCIT and/or your instructor https://my.bcit.ca/cp/home/displaylogin To learn what course materials you may need for this course, visit the BCIT Bookstore webpage www.bcit.ca/bookstore/. You may order textbooks and materials online, or if you prefer, visit the BCIT Burnaby campus to pick up your materials. Please visit the BCIT Bookstore webpage for more information. Please contact Student Help techhelp@bcit.ca for assistance with technical problems including login issues and password resets, as well as support for myBCIT and the Learning Hub. For further information on Part-time Studies at BCIT, please visit https://www.bcit.ca/part-time-studies/ or call Student Information & Enrolment Services at 604-434-1610, or toll free within Canada or US: 1-866-434-1610.

CRN 13780

Fri Jan 07 - Fri Mar 25 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 07 - Mar 25 Fri 08:30 - 12:30 DTC DTC Rm. 483

Instructor

William Ng

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$618.11

CRN 86523

Wed Jan 12 - Wed Mar 30 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 12 - Mar 30 Wed 18:00 - 22:00 BBY SW01 Rm. 2005

Instructor

Judy Li

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$629.54

CRN 78486

Tue Jan 04 - Thu Feb 24 8 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 04 - Feb 24 Tue/Thu 09:00 - 12:00 DTC DTC

Instructor

TBD

Course Outline

Cost

$618.11

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

Cancelled

CRN 86655

Tue Jan 04 - Tue Mar 22 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 04 - Mar 22 Tue 18:00 - 22:00 Online

Instructor

Germain Tanoh

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$629.54

Notes

  1. Internet delivery format.
  2. 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.

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

Full

CRN 73982

Thu Jan 06 - Thu Mar 24 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 06 - Mar 24 Thu 17:30 - 21:30 DTC DTC

Instructor

TBD

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$618.11

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

Cancelled

CRN 86476

Thu Jan 06 - Thu Mar 24 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 06 - Mar 24 Thu 18:00 - 22:00 BBY SW01 Rm. 2004

Instructor

Daniel Anvari

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$629.54

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

Cancelled

CRN 41328

Sat Jan 08 - Sat Mar 26 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 08 - Mar 26 Sat 08:30 - 12:30 BBY NE01 Rm. 403

Instructor

Illya Kochergin

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$629.54

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

Cancelled

CRN 18678

Tue Jan 11 - Tue Mar 29 12 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 11 - Mar 29 Tue 13:30 - 17:30 BBY NE01 Rm. 404

Instructor

William Ng

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$629.54

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. Please direct any questions to the Program Assistant, Sarah Chanway at schanway@bcit.ca.

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

Full

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   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
    Full-time   Diploma
  30. Marketing Management (Entrepreneurship Option)
    Full-time   Diploma
  31. Marketing Management (Marketing Communications Option)
    Full-time   Diploma
  32. Marketing Management (Professional Real Estate Option)
    Full-time   Diploma
  33. Marketing Management (Professional Sales Option)
    Full-time   Diploma
  34. Marketing Management (Tourism Management Option)
    Full-time   Diploma
  35. Operations Management (Facilities Management Option)
    Part-time   Certificate
  36. Operations Management (Industrial Engineering Option)
    Part-time   Certificate
  37. Operations Management (Management Engineering Option)
    Part-time   Certificate
  38. Operations Management (Materials Management Option)
    Part-time   Certificate

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