The Old Mutual Bursary for the 2024/2025 academic year presents a remarkable opportunity for aspiring Chartered Accountants aiming to launch their careers in the financial services sector. Demonstrating a profound commitment to nurturing the next generation of financial experts, Old Mutual provides substantial financial assistance to motivated individuals dedicated to pursuing a career in Chartered Accounting.

Beneficiaries of this bursary program will receive comprehensive support covering not only tuition fees and study materials but also various academic-related expenses throughout their undergraduate journey. Additionally, recipients benefit from mentorship by seasoned professionals, offering guidance and fostering skills crucial for professional growth in the finance industry.

About the Old Mutual Bursary Programme

Old Mutual’s commitment to nurturing future talent is evident in their generous bursary program specifically designed for Accounting Science (Chartered Accounting Stream) students. The bursary is available to students who choose to study at any of the following prestigious institutions across South Africa:

  • 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
  • Nelson Mandela Metropolitan University

What the Bursary Covers

The Old Mutual Accounting Bursary goes beyond just covering tuition fees. It provides a comprehensive package that includes:

  • Full tuition fees
  • Accommodation in residence
  • Study materials
  • Return flights home for students studying out of their hometown
  • Opportunities for vacation work during holiday

Tip: Managing Your Bursary Funds

In addition, bursary recipients are supported throughout the entire duration of their degree, with additional incentives offered for excellent academic performance.

Eligibility Requirements

To qualify for the Old Mutual Accounting Bursary, candidates must meet the following criteria:

For Matric Students:

  • South African citizenship
  • Under 21 years old
  • In Matric or completed Matric
  • Not holding any post-Matric qualifications
  • Minimum of 70% in Mathematics and 70% in all other subjects
  • Minimum of 60% in English HL or 70% in English FAL
  • Applied to a recognized tertiary institution for an Accounting degree
  • Commitment to join Old Mutual’s CA Training Programme post-graduation

For University Students:

  • South African citizenship
  • Under 25 years old
  • Currently pursuing an undergraduate degree in Accounting Science
  • Studying at a recognized university
  • Minimum of 60% overall average and in core accounting modules
  • Commitment to join Old Mutual’s CA Training Programme post-graduation

How to Apply

Applications for the Old Mutual Accounting Bursary must be submitted online through the official Old Mutual Bursary Application Portal. The application process includes registration, filling out an application form, and uploading the following documents:

  • Certified copy of your ID document
  • Matric certificate or latest results if currently in Matric
  • Proof of acceptance or conditional acceptance from a university
  • Full academic transcript if currently studying
  • Curriculum Vita

Closing Date: 1 October 2024. It’s important to apply before the deadline to ensure your application is considered.

Contact Information

For further inquiries, applicants can reach out to the Early Careers team at Old Mutual via email at earlycareers@oldmutual.com.

In conclusion, the Old Mutual Bursary for Chartered Accounting is a valuable opportunity for students pursuing a career in this field. It offers financial support, mentorship, and practical experience to help students succeed in their studies and future careers.

By investing in the education of talented individuals, Old Mutual is contributing to the development of a skilled workforce in the financial sector. Students who receive this bursary will have the opportunity to gain valuable skills and knowledge that will benefit them throughout their careers.

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