Old Mutual bursaries

One of South Africa’s biggest providers of insurance Old Mutual is offering bursaries to talented students who want to pursue their studies at tertiary level.

Known for spearheading social awareness in surrounding communities, the organisation wants to help students who have financial challenges in continuing their academic lives.

The bursary is intended for student who want to enrol for studies in the financial industries.

Old Mutual bursaries

This is a programme for people who enjoy working around with figures. The organisation offers the opportunity to young and talented South Africans who want to change and shack the country’s financial sector beyond imaginations.

Old mutual bursaries available

Old Mutual offers two types of bursaries to interested applicants i.e.:

Actuarial Science Bursaries

This bursary for actuarial sciences includes the following for students who receive them:

  • Full tuition at either UCT or Stellenbosch University
  • Full board and lodging fees including meals
  • Pocket money
  • Book allowance
  • Academic support for students
  • Emotional support for students
  • From your second year, you qualify for work during vacation periods
  • Allowance for travel where it is applicable

If you perform greatly you will receive incentives. You will also have the following benefits after successful completion of your studies:

  • Employment after studies has been completed
  • Tutoring is given one-on-one by a highly qualified actuary
  • A rotation program that is in-house to aid development in all areas professionally
  • The opportunity to work with leading experts in the industry and explore all fields to help build South Africa’s impending financial growth.

Accounting Bursaries

This bursary is designed for people who want to study accounting and includes the following for students who receive them:

  • Full tuition cost at UCT Cape Town
  • Housing Fees
  • Work during vacation time
  • Allowance for books
  • Allowance for pocket money
  • A return flight if Cape Town is not your hometown

Old Mutual bursaries requirements

Actuarial Science Bursary

To qualify for this bursary through Old Mutual you need to have the following:

  • Matric
  • Mathematics with A-plus results
  • All other subjects must either have an A or B symbol

Accounting Bursary

To qualify for this bursary through Old Mutual you need to have the following:

  • Matric
  • English on level 6 (70%) or higher
  • Mathematics on level 6 (70%) or higher and this is not for Mathematics Literacy
  • Commitment to their CA TRAINING PROGRAM
  • You will also be required to work for Old Mutual for a specific time frame after completion of your studies and training.

Old Mutual bursaries application

To apply for these bursaries you also need the following:

  • South African citizen by birth or descent
  • Certified copy of ID document
  • Certified copy of Matric results
  • Inclination will be given to African, Indian, Chinese and Colored South African learners.

Bursaries for all the above courses are available online. For more information about these bursaries, please call +27 (0) 21 504 7285 or call on +27 (0) 21 509 2656

Old Mutual bursaries closing date

The closing date for these bursaries are 30 May each year.


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