Old Mutual Bursary (Chartered Accounting)

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Old Mutual Chartered Accounting Bursary Programme

Old Mutual Limited (OML) is a leading African financial services group dedicated to helping customers achieve their financial goals while creating a positive future for their families, communities, and society. We aim to improve lives and ensure a sustainable future through our comprehensive financial solutions.

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The Chartered Accounting Bursary Programme offers exceptional South African learners pursuing or interested in pursuing Chartered Accounting a chance to receive comprehensive support throughout their studies and into a meaningful career at Old Mutual. This bursary includes personal development opportunities, vacation work, networking, and guaranteed employment post-graduation.

What the Bursary Covers

  • Tuition Fees: Full coverage throughout the duration of your degree.
  • Study Materials: Provided as part of the support.
  • Meals and Accommodation: Covered if studying in residence, including return flights home if necessary.
  • Incentives: Additional rewards for students who achieve excellent grades.

Eligibility Criteria

To apply for the bursary, you must meet the following requirements:

  • Citizenship: South African citizen.
  • Academic Requirements:
    • At least 70% in Mathematics.
    • 60% for English HL or 70% for English FAL.
  • Tertiary Institution: Acceptance from one of the following SAICA accredited institutions:
    • 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
  • Commitment: Must be committed to entering the Old Mutual Chartered Accounting Training (OMCAT) Programme.

The Application Process

  1. Online Application: Submit your application at www.oldmutual.co.za/careers/accounting-bursary.
  2. Bursary Motivation Form: Download, complete, and attach the form to your online application.
  3. Gamified Assessment: Complete the assessment online (not timed).
  4. One-Page CV: Attach your CV to the online application.
  5. Shortlisted Candidates: Will receive a link to complete psychometric assessments.
  6. Selection Day: Finalists will be invited for interviews.
  7. Provisional Offer: If selected, a provisional offer will be made, subject to final matric results and proof of university acceptance for an Actuarial Science or Accounting Science programme.

Required Documentation

Include the following with your application:

  • One-page CV (click for advice)
  • Completed Bursary Motivation Form (click to download)
  • School Reports for Grades 10 – 12
  • Matric Certificate (if applicable)
  • University acceptance/conditional acceptance letter (if applicable)
  • Full Academic Transcript (current University students only)
  • ID Copy

Important Notes

  • Parental/Guardian Consent: Required if under 18.
  • Preference: Given to candidates from under-represented designated groups, including those with disabilities and those from disadvantaged backgrounds demonstrating financial need.
  • Incomplete Applications: Will not be considered.

Application Deadline: 30 September 2024

For queries, contact the Old Mutual Early Careers team at earlycareers@oldmutual.com

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