ABOUT THE BURSARY PROVIDER – OLD MUTUAL
Old Mutual is Southern Africa’s most well-established and biggest financial services provider, providing services to individuals and businesses. The companies personal finance solutions include a range of insurance cover options and savings plans for individuals, including financial planning; retirement planning; education planning; savings and investments; disability and severe illness cover; wills and trusts; short-term insurance life insurance and funeral cover.
The companies business solutions include institutional investing; retirement investments; consulting services; retirement fund solutions; corporate servicing; cell captive solutions; employee well being; risk and disability benefits; business insurance and agriculture insurance.
ABOUT THE OLD MUTUAL ACCOUNTING BURSARY PROGRAMME – FIELDS COVERED
Old Mutual is inviting students to apply for their Accounting Bursary programme, for the 2025 academic year.
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, 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.
MORE ABOUT THE OLD MUTUAL ACCOUNTING BURSARY PROGRAMME – EXPENSES COVERED & OTHER OPPORTUNITIES
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 advise
- Preparation of financial reports and documents
- Maintaining investment records
- Reviewing possible financial risk
- Providing professional opinions and advise to companies regarding financial decisions
- Management or business roles
ELIGIBILITY REQUIREMENTS FOR THE OLD MUTUAL ACCOUNTING BURSARY
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-Matric qualifications
- You must intend on studying towards 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, 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 enter the Old Mutual CA Training Programme and work for the company after graduation
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, Nelson Mandela Metropolitan University
- You must have achieved a minimum result of 60% for core modules (Financial Accounting, Taxation, Management Accounting, Auditing)
- You must have achieved a minimum overall average of 60% for all modules
- You must be committed to enter the Old Mutual CA Training Programme and work for the company after graduation
HOW TO APPLY FOR THE OLD MUTUAL ACCOUNTING BURSARY
Applications must be submitted online at: Old Mutual Accounting Bursary Application 2025
(Reference: JR-56725)
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
- Completed Bursary Motivation Form (.pdf)
- Curriculum Vitae (1 page)
CLOSING DATE FOR THE OLD MUTUAL ACCOUNTING BURSARY
31 October 2024 (extension).
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)
CONTACT THE BURSARY PROVIDER
For any queries related to this bursary programme, please contact Old Mutual directly:
Early Careers team
Email: earlycareers@oldmutual.com
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