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Business Mathematics OPMT 1110

Operations Management Course

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International Fees

International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.

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)

  • No prerequisites are required for this course.

Credits

4.0

Domestic fees

$670.40

Course offerings

Spring/Summer 2024

Below are six offerings of OPMT 1110 for the Spring/Summer 2024 term.

CRN 50482

Duration

Tue May 28 - Thu Jul 11 (7 weeks)

  • 7 weeks
  • CRN 50482
  • Domestic fees $670.40
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
May 28 - Jul 11 Tue, Thu 18:00 - 21:30 Burnaby SW01 Rm. 3190
Instructor

Myra Andrews

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Domestic fees

$670.40

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade.
Status

Seats Available

5 seats remaining as of Sun April 28, 2024 at 10:43 am (PDT). Availability may change at any time.

CRN 69401

Duration

Tue Apr 02 - Tue Sep 24 (25 weeks)

  • 25 weeks
  • CRN 69401
  • Domestic fees $670.40
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 02 - Sep 24 N/A N/A Online
Jun 22 Sat 09:00 - 12:00 Burnaby
Sep 21 Sat 09:00 - 12:00 Burnaby
Instructor

Amy Goldlist

Course outline

View

Credits

4

Domestic fees

$670.40

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. REGISTRATION IS OPEN FOR THIS SECTION UNTIL MAY 31st. Please call Student Information & Enrolment Services to register. This is a self-paced 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 June 22 at 9:00 - 1200 and Final exam is on Sept 21st at 9:00-12:00 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.
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 56011

Duration

Tue Apr 09 - Thu May 30 (8 weeks)

  • 8 weeks
  • CRN 56011
  • Domestic fees $670.40
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 09 - May 30 Tue, Thu 18:30 - 21:30 Burnaby NE01 Rm. 405
Instructor

TBD

Course outline

View

Credits

4

Domestic fees

$670.40

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade.
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.

CRN 56735

Duration

Tue Apr 30 - Tue Aug 06 (15 weeks)

  • 15 weeks
  • CRN 56735
  • Domestic fees $670.40
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
Apr 30 - May 28 Tue 13:30 - 17:00 Burnaby SW01 Rm. 2016
Jun 04 - Aug 06 Tue 13:30 - 17:00 Burnaby SW01 Rm. 2016
Instructor

Daniel Anvari

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Domestic fees

$670.40

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. 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 send any inquiries to bfun@bcit.ca.
Status

Full

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

CRN 66094

Duration

Tue May 07 - Tue Jul 23 (12 weeks)

  • 12 weeks
  • CRN 66094
  • Domestic fees $670.40
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
May 07 - Jun 11 Tue 18:00 - 22:00 Online
Jun 18 Tue 18:00 - 22:00 Burnaby SE06 Rm. 207
Jun 25 - Jul 16 Tue 18:00 - 22:00 Online
Jul 23 Tue 18:00 - 22:00 Burnaby SE06 Rm. 207
Instructor

Judy Li

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Domestic fees

$670.40

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. **Please note that exams only will be held in person at the Burnaby campus as follows: Midterm will be on Tues, June 18 at 1800 and the final will be on Tues, July 23 at 1800. 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.
Status

Full

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

CRN 21421

Duration

Tue May 28 - Thu Jul 11 (7 weeks)

  • 7 weeks
  • CRN 21421
  • Domestic fees $670.40
    International fees are typically three times the amount of domestic fees.
Class meeting times
Dates Days Times Locations
May 28 - Jul 11 Tue, Thu 09:00 - 12:30 Burnaby SW01 Rm. 2016
Instructor

Myra Andrews

Course outline

Course outline TBD — see Learning Outcomes in the interim.

Credits

4

Domestic fees

$670.40

Important information
  1. International fees are typically three times the amount of domestic fees. Exact cost will be calculated upon completion of registration.
  2. This course is very intense. It is designed primarily for students who have taken a similar course and want to improve their grade.
Status

Full

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

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.

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  19. General Insurance and Risk Management
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  20. Global Trade and Transportation Management
    Diploma Full-time
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  22. International Trade and Transportation Logistics
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