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BCIT

OPMT 3510 - Business Math for Managers

Operations Management Part-time Studies Course

School of Business

Course Details

This course discusses mathematics of finance concepts applicable to business and industry. Topics include retail operations, simple and compound interest, discounts, annuities, financial papers and depreciation methods. Emphasis is on practical applications to business management.

Credits

4.0

Cost

$690.81

Winter 2019

Below is one offering of this course for the Winter 2019 term.

CRN 85305

Thu Jan 03 - Thu Apr 11 15 Weeks

Class Meeting Times

Dates Days Times Locations
Jan 03 - Apr 11 Thu 18:00 - 22:00 BBY SW05 Rm. 2825

Instructor

Sam Choo

Course Outline

TBD – see Learning Outcomes in the interim

Cost

$690.81

Notes

  1. This course is part of the Advanced Diploma in Business Management, and cannot be used towards the completion of any other programs in the School of Business.

Learning Outcomes

Upon successful completion, the student will be able to:

  • Apply concepts of proportion and percent to business areas such as mark-up, discounts, budget allocation.
  • Analyze relationships between quantities such as cost, revenue, production volume and profit using standard functions and graphical techniques.
  • Apply the time value of money.
  • Calculate interest, present and future values using simple and compound interest.
  • Analyse interest rates by finding equivalent and effective rates.
  • Calculate payments, present and future values for annuities in budgeting and asset evaluation and for mortgages.
  • Evaluate investment decisions using methods of payback and discounted cash flow such as net present value and internal rate of return.
  • Select appropriate mathematical methods to analyze specific business problems.

Effective as of Fall 2014

Related Programs

OPMT 3510 is offered as a part of the following programs:

School of Business

  1. Business Management
    Full-time/Part-time   Advanced Diploma

Books & Supplies

The BCIT bookstore carries textbooks, general reference books, software, and stationery. Please visit bcit.ca/bookstore for more information.

Winter 2019

Books for Winter 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 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.

Image not available
Business Mathematics (Dec 2017)
Author Opmt: Mallory
Binding Paperback
Price $29.95
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Registration is now open for the Winter 2019 term.

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Classroom locations are subject to last minute changes. Please check the Part-time Studies Classroom Locations listing at www.bcit.ca/rooms on the first day of any course you are registered for.

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