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

BCIT

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 - $603.08 See individual course offerings below for actual costs.

Fall 2019

Below are 12 offerings of this course for the Fall 2019 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

TBD

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$93.99

Notes

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

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

$603.08

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 03 - Tue Dec 10 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 03 - Dec 10 Tue 18:00 - 21:30 BBY SW01 Rm. 2005

Instructor

Myra Andrews

Course Outline

Cost

$603.08

Notes

  1. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments. No class on September 24th

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

Wed Sep 04 - Wed Dec 04 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 04 - Dec 04 Wed 13:30 - 17:20 BBY NE01 Rm. 406

Instructor

Joe Ilsever

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$603.08

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.

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 04 - Wed Dec 04 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 04 - Dec 04 Wed 18:00 - 21:30 BBY SE06 Rm. 207

Instructor

Judy Li

Course Outline

Cost

$603.08

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 33062

Mon Sep 09 - Mon Dec 09 14 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 09 - Dec 09 Mon 13:30 - 17:20 BBY NE01 Rm. 405

Instructor

Joe Ilsever

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$603.08

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. 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.

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 46257

Mon Sep 09 - Mon Dec 09 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 09 - Dec 09 Mon 18:00 - 22:00 BBY SW05 Rm. 2875

Instructor

Joe Ilsever

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$603.08

Notes

  1. No class on Monday October 14th and Monday November 11.

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

Tue Sep 10 - Tue Nov 26 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 10 - Nov 26 Tue 17:30 - 21:30 BBY SW01 Rm. 2010

Instructor

Daniel Anvari

Course Outline

Cost

$603.08

Notes

  1. No classes on October 13.

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 11 - Wed Nov 27 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 11 - Nov 27 Wed 17:30 - 21:30 BBY NE25 Rm. 116

Instructor

Germain Tanoh

Course Outline

Cost

$603.08

Notes

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

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

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

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

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

  1. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments. No class on Saturday November 11th (Remembrance Day).

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

Sat Sep 14 - Sat Nov 30 12 Weeks

Class Meeting Times

Dates Days Times Locations
Sep 14 - Nov 30 Sat 08:30 - 12:30 BBY SW01 Rm. 4076

Instructor

Illya Kochergin

Course Outline

Cost

$603.08

Notes

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

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

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

  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
    Part-time/Distance & Online Learning   Associate Certificate
  7. Business Administration (General Option)
    Part-time   Diploma
  8. Business Administration (Global Studies Option)
    Part-time   Diploma
  9. Business Administration (Human Resources Option)
    Part-time   Diploma
  10. Business Administration (Management Option)
    Part-time   Diploma
  11. Business Administration (Marketing Option)
    Part-time   Diploma
  12. Business Fundamentals
    Full-time   Associate Certificate
  13. Business Information Technology Management
    Full-time   Diploma
  14. Business Management
    Part-time   Certificate
  15. Business Management
    Full-time   Diploma
  16. Business Operations Management
    Full-time   Diploma
  17. Finance
    Full-time   Diploma
  18. Finance
    Part-time   Diploma
  19. Financial Management (Finance Option)
    Part-time   Certificate
  20. Financial Management (Professional Accounting Option)
    Part-time   Certificate
  21. Financial Planning
    Part-time   Diploma
  22. Financial Planning
    Full-time   Diploma
  23. Fire Executive Management
    Part-time/Distance & Online Learning   BCIT/Industry Partnership Certificate
  24. General Insurance and Risk Management
    Full-time   Diploma
  25. Global Business Studies
    Part-time   Certificate
  26. Human Resource Management
    Full-time   Diploma
  27. International Business Management (Global Supply Chain Option)
    Full-time   Diploma
  28. International Business Management (International Business Option)
    Full-time   Diploma
  29. International Trade and Transportation Logistics
    Part-time   Certificate
  30. Marketing Management (Tourism Management Option)
    Part-time   Certificate
  31. Marketing Management
    Part-time   Certificate
  32. Marketing Management (Entrepreneurship Option)
    Full-time   Diploma
  33. Marketing Management (General Option)
    Full-time   Diploma
  34. Marketing Management (Marketing Communications Option)
    Full-time   Diploma
  35. Marketing Management (Professional Real Estate Option)
    Full-time   Diploma
  36. Marketing Management (Professional Sales Option)
    Full-time   Diploma
  37. Marketing Management (Tourism Management Option)
    Full-time   Diploma
  38. Operations Management (Facilities Management Option)
    Part-time   Certificate
  39. Operations Management (Industrial Engineering Option)
    Part-time   Certificate
  40. Operations Management (Management Engineering Option)
    Part-time   Certificate
  41. Operations Management (Materials Management Option)
    Part-time   Certificate
  42. 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

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