Old Mutual Chartered Accounting Bursary Programme: Your Path to a Career in Finance
Are you a driven South African student with a passion for numbers and a desire for a successful career in finance? The Old Mutual Chartered Accounting Bursary Programme offers an exceptional opportunity to achieve your academic and professional goals. This program is designed to support bright young minds from university through to a fulfilling career within Old Mutual, providing comprehensive financial aid and valuable professional development. Understanding the requirements and application process is key to seizing this chance.
Eligibility Requirements for the Bursary
To be considered for the Old Mutual Chartered Accounting Bursary Programme, applicants must meet specific criteria. First and foremost, you must be a South African citizen. Academically, a strong performance in key subjects is essential. You need to achieve at least 70% in Mathematics and 60% for English Home Language, or 70% for English First Additional Language. Furthermore, you must have secured acceptance into a Chartered Accounting program at one of the South African Institute of Chartered Accountants (SAICA) accredited tertiary institutions. These include a range of respected universities and Milpark Business School. A commitment to entering the Old Mutual Chartered Accounting Training (OMCAT) Programme after graduation is also a requirement.
Benefits Provided by the Bursary
The Old Mutual Chartered Accounting Bursary Programme offers substantial benefits to its recipients. It provides comprehensive financial support for the entire duration of your degree. This includes covering tuition fees, study materials, meals, and accommodation in university residences. For students studying outside their hometown, return flights home are also included. Those who maintain excellent academic performance throughout their studies can expect additional incentives. This holistic support system aims to remove financial barriers, allowing students to focus on their academic success and personal growth.
The Application Process Explained
Applying for the Old Mutual Chartered Accounting Bursary Programme involves several steps. The initial application must be submitted online through the Old Mutual careers portal. Alongside the online form, you will need to download, complete, and attach a bursary motivation form. A one-page CV is also required as part of the initial submission. After submitting these documents, applicants may undergo a gamified assessment. Shortlisted candidates will then receive a link to complete psychometric assessments. The final stage involves finalists being invited to a selection day for interviews. A provisional offer of the bursary will be made, which is then confirmed upon receipt of final matric results and proof of university acceptance into an Accounting Science program.
Required Documentation for Your Application
To ensure your application is complete and considered, several documents are necessary. You will need to submit a one-page CV, providing a concise overview of your academic achievements and any relevant experience. The completed bursary motivation form is crucial for expressing your interest and suitability for the program. Academic records are also vital; this includes school reports for Grade 10 to 12, your Matric Certificate if applicable, and your full academic transcript if you are currently a university student. A university acceptance or conditional acceptance letter is required. Finally, a copy of your South African ID is needed. Parental or guardian consent is mandatory if you are under 18 years old.
Important Considerations for Applicants
When preparing your application, keep a few important points in mind. Old Mutual gives preference to candidates from under-represented designated groups, including those with disabilities, and those from previously disadvantaged backgrounds or who can demonstrate financial need. Ensure all parts of the application are filled out accurately and completely, as incomplete applications will not be considered. It is also important to note that the application deadline is typically in June for the following academic year, so mark your calendars well in advance. This bursary is a significant opportunity for those dedicated to a career in chartered accounting.
Frequently Asked Questions
Who is eligible for the Old Mutual Chartered Accounting Bursary?
To be eligible, you must be a South African citizen with at least 70% in Mathematics and 60% in English, accepted into a SAICA-accredited Chartered Accounting program, and committed to the Old Mutual training program.
What does the bursary cover?
The bursary covers tuition fees, study materials, meals, and accommodation for the duration of your degree, and return flights home if studying away from your hometown.
How do I apply for the bursary?
You apply online via the Old Mutual careers portal, submitting a motivation form, CV, and academic records, followed by assessments and interviews.
What documents are needed for the application?
You will need a CV, bursary motivation form, academic records (reports, certificates, transcripts), university acceptance letter, South African ID, and parental consent if under 18.
