Old Mutual Accounting Bursary Programme for the academic year 2025

Old Mutual invites students to Apply  for the Accounting Bursary Programme 2025

 closing date: October 1, 2024

The bursary will be awarded for Accounting Science (Chartered Accounting Stream) studies, at any of these selected institutions: University of Cape Town, University of Stellenbosch, University of the Western Cape, University of Johannesburg, University of Pretoria, University of the Witwatersrand, University of Free State, University of Fort Hare, University of KwaZulu-Natal, University of South Africa, Rhodes University, North West University, and Nelson Mandela Metropolitan University.

The Old Mutual Accounting Bursary is aimed at young individuals who are passionate about making a career for themselves in chartered accounting.

The Old Mutual bursary will provide cover for the following expenses: tuition fees, study materials, accommodation in residence, and a return flights home (if studying outside of your hometown).

Students will also have the chance to partake in vacation work, during the holidays.

Bursary recipients will receive support for the full duration of their degree, and students who achieve excellent grades will receive more incentives.

Trainees will receive broad exposure in all spheres of finance as prescribed as by SAICA. Bursary recipients will get exposed to accounting and external reporting, management decision-making and control, financial management, risk management, governance, and taxation.

What an Accounting Career Involves

Chartered accountants are involved with various aspects of financial work, including:

• Managing financial systems and budgets
• Undertaking financial audits
• Providing financial advice
• Preparation of financial reports and documents
• Maintaining investment records
• Reviewing possible financial risks
• Providing professional opinions and advice to companies regarding financial decisions
• Management or business roles

Requirements

Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):

Matric students/ students not yet studying:

• You must be a South African citizen.
• You must be under 21 years old.
• You must be currently in Matric or have completed Matric.
• You must not have completed any post-matriculation qualifications.
• You must intend on studying for an undergraduate Accounting Science (Chartered Accounting Stream) qualification.
• You must have applied to study at one of the following tertiary institutes: University of Cape Town, University of Stellenbosch, University of the Western Cape, University of Johannesburg, University of Pretoria, University of the Witwatersrand, University of Free State, University of Fort Hare, University of KwaZulu-Natal, University of South Africa (UNISA), Rhodes University, North West University, and Nelson Mandela Metropolitan University.
• You must have achieved a minimum result of 70% for mathematics (not mathematics literacy) in Matric.
• You must have achieved a minimum result of 60% for English HL or 70% for English FAL in Matric.
• You must have achieved a minimum result of 70% for all other subjects in Matric.
• You must be committed to entering the Old Mutual CA Training Programme and work for the company after graduation.

Criteria for university students Criteria:

• You must be a South African citizen.
• You must be under 25 years old.
• You must have completed Matric.
• You must be studying towards an undergraduate Accounting Science (Chartered Accounting Stream) qualification.
• You must be studying at one of the following tertiary institutes: University of Cape Town, University of Stellenbosch, University of the Western Cape, University of Johannesburg, University of Pretoria, University of the Witwatersrand, University of Free State, University of Fort Hare, University of KwaZulu-Natal, University of South Africa (UNISA), Rhodes University, North West University, and Nelson Mandela Metropolitan University.
• You must have achieved a minimum result of 60% for the core modules (financial accounting, taxation, management accounting, and auditing).
• You must have achieved a minimum overall average of 60% for all modules.
• You must be committed to entering the Old Mutual CA Training Programme and work for the company after graduation.

(Reference: JR-53395)

Applicants will be required to create an account before they can login and apply.

Submit clear copies of the following supporting documentation along with your online application (the submission of these documents is compulsory – if any items are missing, your application may be disqualified):

• ID document (certified copy)
• Matric latest results, if currently in Matric
• Matric certificate, if completed Matric
• Proof of acceptance or conditional acceptance at University, if applicable
• Full academic transcript, if currently studying
• NBT statement, if applicable
• Curriculum Vitae

HOW TO APPLY

Applications must be submitted online at: Old Mutual Accounting Bursary Application 2025