Bursaries

South African Students Apply For Old Mutual External Bursary Programme 2024

CLOSING DATE: 31 JULY 2023

Job Description

Old Mutual believes in Africa and enabling everyone in it to do great things every day. We understand that well-trained, qualified professionals contribute significantly to the success of Old Mutual and South Africa. That’s why we offer bursaries to the best young minds, to people who are passionate about pursuing a career that makes a real difference!

The Old Mutual Bursary Programme offers the opportunity to write Africa’s story with a real African success story. Founded in 1845 in Cape Town with no capital, Old Mutual is today a premier pan-African financial services group operating in 14 countries and rooted in the purpose of Championing Mutually Positive Futures Every Day.
What the bursary programme offers
Exceptional SA-based learners pursuing studies in Actuarial Science or Accounting Science (Chartered Accounting Stream) are invited to apply for the Old Mutual Bursary Programme.

The bursary programme comes with comprehensive support during university to the day you qualify and beyond into a meaningful career at Old Mutual. It also offers opportunities for personal development, vacation work, networking, and guaranteed employment post-graduation.

What the bursary covers
The bursary covers tuition, study materials, meals, accommodation in residence and return flights home (if studying outside of your hometown). You will receive financial support for the full duration of your degree and students who achieve excellent grades will receive more incentives.

Eligibility Criteria
To be eligible to apply you must meet the following requirements:

General:

You must be a South African citizen

You must have completed Matric or currently be in Matric

You must not have a post-Matric qualification

You must be under the age of 21

For Actuarial Science:

At least 80% in Mathematics (not Maths Literacy)

At least 60% for English HL or 70% for English FAL

At least 70% for all your other subjects.

Must be studying/have applied at either:

North-West University

Stellenbosch University

University of Cape Town

University of Pretoria

University of the Free-State

University of the Witwatersrand

You must be committed to qualifying as an actuary and work for the company after graduation.

For Chartered Accounting:

At least 70% in Mathematics (not Maths Literacy)

At least 60% for English HL or 70% for English FAL

At least 70% for all your other subjects.

Must be studying/have applied at either:

Nelson Mandela University

North-West University

Rhodes University

Stellenbosch University

University of Cape Town

University of Fort Hare

University of Johannesburg

University of Kwa-Zulu Natal

University of Pretoria

University of South Africa

University of the Free State

University of the Western Cape

University of the Witwatersrand

You must be committed to enter the Old Mutual CA Training Programme and work for the company after graduation.

Skills Required

Strong Mathematical skills

Initiative

Result and Goal Orientation

Readiness to Learn

Strong analytical and problem-solving skills

Business interest and awareness

Self-motivation and commitment

Good communication skills (both written and spoken)

Organisational and time-management skills

Leadership qualities

Integrity and trustworthiness

Good interpersonal skills and a logical, creative mind

Good judgement and decision-making skills

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