- International Fees
International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Course Overview
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)
- No prerequisites are required for this course.
Credits
4.0
Domestic fees
$670.07 - $684.36 See individual course offerings below for actual costs.
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
Business Mathematics (OPMT 1110) is offered as a part of the following programs:
- Indicates programs accepting international students.
- Indicates programs with a co-op option.
School of Business + Media
- Accounting
Diploma Full-time
- Accounting
Diploma Part-time
- Accounting
Diploma Part-time
- Business Administration (General Option)
Diploma Part-time
- Business Administration (Global Studies Option)
Diploma Part-time
- Business Administration (Human Resources Option)
Diploma Part-time
- Business Administration (Management Option)
Diploma Part-time
- Business Administration (Marketing Option)
Diploma Part-time
- Business Fundamentals
Associate Certificate Full-time
- Business Information Technology Management
Diploma Full-time
- Business Management
Diploma Full-time
- Business Operations Management
Diploma Full-time
- Finance
Diploma Full-time
- Finance
Diploma Part-time
- Finance
Diploma Part-time
- Financial Management (Finance Option)
Certificate Part-time
- Financial Management (Professional Accounting Option)
Certificate Part-time
- Financial Planning
Diploma Full-time
- Financial Planning
Diploma Part-time
- Financial Planning
Diploma Part-time
- Fire Executive Management
BCIT/Industry Partnership Certificate Part-time
- General Insurance and Risk Management
Diploma Full-time
- Global Trade and Transportation Management
Diploma Full-time
- Human Resource Management
Diploma Full-time
- International Trade and Transportation Logistics
Certificate Part-time
- Marketing Management
Certificate Part-time
- Marketing Management
Diploma Full-time
- Operations Management (Facilities Management Option)
Certificate Part-time
- Operations Management (Industrial Engineering Option)
Certificate Part-time
- Operations Management (Management Engineering Option)
Certificate Part-time
- Operations Management (Materials Management Option)
Certificate Part-time
Course Offerings
Fall 2024
Below are seven offerings of OPMT 1110 for the Fall 2024 term.
CRN 34885
Dates
Tue Sep 03 - Tue Dec 03
- 14 weeks
- CRN 34885
- Domestic fees $684.36
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
Instructor
Israr Rahimi
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
CRN 35401
Dates
Tue Sep 03 - Sat Dec 07
- 14 weeks
- CRN 35401
- Domestic fees $684.36
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
Instructor
Amy Goldlist
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This is a self-paced asynchronous course. There is a suggested schedule to follow for guidance. Please note that both the midterm and final exams are in person on campus as follows: Midterm exam is on October 26 at 10:00am – 1:00pm and Final exam is on December 7 at 10:00am -1:00pm. Rooms to be determined. If you wish to write at a different time you may book your exam(s) at the BCIT Test Centre or any approved test centres at your own cost. Instructions on how to notify your instructor of this change will be posted on the Learning Hub course shell
CRN 33093
Dates
Wed Sep 04 - Wed Dec 04
- 14 weeks
- CRN 33093
- Domestic fees $684.36
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 04 - Dec 04 | Wed | 14:00 - 17:20 | Burnaby NE01 Rm. 406 |
Instructor
Joe Ilsever
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- 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 bfun@bcit.ca. The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
CRN 30813
Dates
Sat Sep 07 - Sat Nov 23
- 12 weeks
- CRN 30813
- Domestic fees $670.07
Status
In Progress and Full
This course offering is in progress and full. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 07 - Nov 23 | Sat | 08:30 - 12:30 | Downtown DTC Rm. 470 |
Instructor
Germain Tanoh
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- The following calculator is required for this course: BA II Plus / Financial Calculator by Texas Instruments.
CRN 46257
Dates
Mon Sep 09 - Mon Dec 09
- 11 weeks
- CRN 46257
- Domestic fees $684.36
Status
In Progress and Full
This course offering is in progress and full. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 09 - Sep 16 | Mon | 18:00 - 22:30 | Burnaby SW01 Rm. 2590 |
| Sep 23 | Mon | 18:00 - 22:30 | Burnaby SW01 Rm. 2020 |
| Sep 30 - Oct 14 | Mon | 18:00 - 22:30 | Burnaby SW01 Rm. 2590 |
| Oct 21 | Mon | 18:00 - 22:30 | Burnaby SW01 Rm. 2020 |
| Oct 28 - Nov 11 | Mon | 18:00 - 22:30 | Burnaby SW01 Rm. 2590 |
| Nov 18 | Mon | 18:00 - 22:30 | Burnaby SW01 Rm. 2020 |
| Nov 25 - Dec 02 | Mon | 18:00 - 22:30 | Burnaby SW01 Rm. 2590 |
| Dec 09 | Mon | 18:00 - 22:30 | Burnaby SW01 Rm. 2020 |
Instructor
Sam Choo
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on Sept 30, Oct 14 and Nov 11 *** This course will combine 2.5 hours in class and 2 hours of online asynchronous learning***
CRN 49522
Dates
Tue Sep 10 - Tue Nov 26
- 12 weeks
- CRN 49522
- Domestic fees $684.36
Status
In Progress
This course offering is in progress. Please check this page for other currently available offerings or subscribe to receive email updates.
CRN 51538
Dates
Thu Sep 12 - Thu Nov 28
- 12 weeks
- CRN 51538
- Domestic fees $684.36
Status
In Progress and Full
This course offering is in progress and full. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Sep 12 - Sep 19 | Thu | 18:00 - 20:00 | Burnaby SE06 Rm. 208 |
| Sep 12 - Nov 28 | N/A | N/A | Online |
| Sep 26 | Thu | 18:00 - 20:00 | Burnaby SE06 Rm. 204 |
| Oct 03 - Oct 10 | Thu | 18:00 - 20:00 | Burnaby SE06 Rm. 208 |
| Oct 17 | Thu | 18:00 - 20:00 | Burnaby SE06 Rm. 204 |
| Oct 24 - Oct 31 | Thu | 18:00 - 20:00 | Burnaby SE06 Rm. 208 |
| Nov 07 | Thu | 18:00 - 20:00 | Burnaby SE06 Rm. 204 |
| Nov 14 - Nov 21 | Thu | 18:00 - 20:00 | Burnaby SE06 Rm. 208 |
| Nov 28 | Thu | 18:00 - 20:00 | Burnaby SE06 Rm. 204 |
Instructor
Sam Choo
Course outline
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This course will combine 2 hours in class and 2 hours of online asynchronous learning.
Winter 2025
Below are eight offerings of OPMT 1110 for the Winter 2025 term.
CRN 46721
Dates
Thu Jan 09 - Thu Mar 27
- 12 weeks
- CRN 46721
- Domestic fees $684.36
Status
Seats Available
1 seat remaining as of Thu November 7, 2024 at 11:03 am (PST). Availability may change at any time.
Class meeting times
Instructor
Germain Tanoh
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This is a synchronous online course and 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 if it is a condensed course starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date. ***Please note that there will be 3 exams that will be held in person on campus as follows: February 6th at 1745, March 6th at 1745 and March 27 at 1745.
CRN 92717
Dates
Thu Jan 09 - Thu Mar 27
- 12 weeks
- CRN 92717
- Domestic fees $684.36
Status
Seats Available
1 seat remaining as of Thu November 7, 2024 at 11:03 am (PST). Availability may change at any time.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 09 - Mar 27 | Thu | 18:00 - 22:00 | Burnaby |
Instructor
Trevor Jones
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
CRN 13780
Dates
Fri Jan 10 - Fri Mar 28
- 12 weeks
- CRN 13780
- Domestic fees $670.07
Status
Seats Available
1 seat remaining as of Thu November 7, 2024 at 11:03 am (PST). Availability may change at any time.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 10 - Mar 28 | Fri | 08:30 - 12:30 | Downtown DTC Rm. 481 |
Instructor
William Ng
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- No class on March 29
CRN 92564
Dates
Mon Jan 06 - Sat Apr 12
- 14 weeks
- CRN 92564
- Domestic fees $684.36
Status
Full
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
Instructor
Amy Goldlist
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- All classes will be held on-line except the exams. Exams only will be held on campus on Midterm Saturday, March 1 1000 -1300 and Saturday April 12 1000 - 1300
CRN 18678
Dates
Tue Jan 07 - Tue Mar 25
- 12 weeks
- CRN 18678
- Domestic fees $684.36
Status
Full
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 07 - Mar 25 | Tue | 13:30 - 17:30 | Burnaby NE01 Rm. 404 |
Instructor
William Ng
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- 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 inquiries to bfun@bcit.ca.
CRN 86655
Dates
Tue Jan 07 - Tue Mar 25
- 12 weeks
- CRN 86655
- Domestic fees $684.36
Status
Full
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
Instructor
Germain Tanoh
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- Important course information will be sent to you prior to your course start date. Check your myBCIT email account to access this information.
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
- This is a synchronous online course, and 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 if it is a condensed course starting Week 1. Important course information will be sent to your myBCIT account prior to your course start date. ***Please note that exams are held on campus as follows: Test 1 - Tues Feb 4th at 6:00 pm, Test 2- Tues March 4 and Final Exam Tues March 25 all are at 1800
CRN 78621
Dates
Wed Jan 08 - Wed Mar 26
- 12 weeks
- CRN 78621
- Domestic fees $684.36
Status
Full
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 08 - Mar 26 | Wed | 18:00 - 22:00 | Burnaby |
Instructor
Israr Rahimi
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
CRN 86523
Dates
Wed Jan 08 - Wed Mar 26
- 12 weeks
- CRN 86523
- Domestic fees $684.36
Status
Full
This course offering is full. Please check this page for other currently available offerings or subscribe to receive email updates.
Class meeting times
| Dates | Days | Times | Locations |
|---|---|---|---|
| Jan 08 - Mar 26 | Wed | 18:00 - 22:00 | Burnaby SW09 Rm. 117 |
Instructor
William Ng
Course outline
Course outline TBD — see Learning Outcomes in the interim.
Important information
- International fees are typically 3.12 times the domestic tuition. Exact cost will be calculated upon completion of registration.
Programs and courses are subject to change without notice.