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.
Provides the mathematical knowledge required to move into the more advanced business math courses, especially Calculus for Management. Topics include linear and quadratic equations and inequalities, polynomials, rational functions, exponential and logarithmic functions, sequences and series. Applications to economics and finance are used.
This course is restricted to students accepted or conditionally accepted into the BBA Degree Program. For registration approval, please email email@example.com with your name and student ID. This course will run Wednesday evenings with mandatory live virtual classes via Zoom. The exams will be held in-person at the Burnaby campus October 26th and December 7th.
This course offering is in progress. Please check back next term or subscribe to receive email updates.
Upon successful completion of this course, the student will be able to:
Perform the order of operations (BEDMAS).
Do calculations involving fractions, inequalities and negative numbers.
Graph linear equations.
Solve systems of equations.
Perform supply/demand analysis.
Solve quadratic equations using the formula or factoring.
Graph quadratic functions.
Solve quadratic inequalities.
Determine equilibrium price and quantity given a pair of quadratic demand and supply functions.
Perform Revenue/Cost/profit analysis such as graphing the functions, maximizing the total revenue or profit or finding the break-even level of output.
Graph exponential and logarithmic functions.
Use the exponential function to model growth.
Use logarithms to solve equations or find unknown parameters in simple models.
Calculate percent changes, inflation, and compound interest.
Sum up geometric series, calculate net present values, internal rates of return and compare investment projects.
Perform basic matrix operations such as transposition, addition, subtraction, scalar multiplication and matrix multiplication.
Effective as of Fall 2019
OPMT 5700 is offered as a part of the following programs:
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