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 12 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 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

CRN 33093

Wed Sep 01 - Wed Dec 01 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 01 - Dec 01 Wed 14:00 - 17:20 BBY NE01 Rm. 406

Instructor

Joe Ilsever

Course Outline

Cost

$629.54

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. 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.

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

In Progress

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 48473

Tue Sep 07 - Tue Nov 23 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 07 - Nov 23 Tue 18:00 - 22:00 Online

Instructor

Daniel Anvari

Course Outline

Cost

$629.54

Notes

  1. Internet delivery format.

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 35401

Wed Sep 08 - Wed Dec 01 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 08 - Dec 01 Wed 17:30 - 21:30 BBY

Instructor

TBD

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$629.54

Notes

  1. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments. No class on Wed, November 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 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 46250

Thu Sep 09 - Thu Nov 04 8 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 09 - Nov 04 Mon/Thu 17:30 - 20:30 DTC DTC

Instructor

TBD

Course Outline

Cost

$618.11

Notes

  1. No class on 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 30813

Sat Sep 11 - Sat Nov 27 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 11 - Nov 27 Sat 08:30 - 12:30 DTC DTC Rm. 483

Instructor

Germain Tanoh

Course Outline

Cost

$618.11

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 34884

Sat Sep 11 - Sat Nov 27 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 11 - Nov 27 Sat 08:30 - 12:30 BBY

Instructor

TBD

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

Cancelled

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

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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