Investec Bursary 2024
Investec,
a global financial services company founded in South Africa in 1974, has long
been committed to fostering talent and driving positive change in communities.
One of the notable ways it achieves this is through its comprehensive bursary
programme, designed to support students in their pursuit of higher education
and empower them to become leaders in their respective fields.
Investec
traces its roots back to a small leasing and financing company established in
Johannesburg over four decades ago. Since then, it has evolved into a
diversified international specialist banking and asset management group,
operating primarily in the UK, South Africa, and Australia. Investec's ethos of
entrepreneurialism, innovation, and commitment to excellence has been central
to its growth and success over the years.
The
Investec Bursary Programme is a flagship initiative aimed at providing
financial assistance and developmental support to promising students who
demonstrate academic excellence, leadership potential, and a commitment to
making a positive impact in their communities.
Note:
Investec has a bursary programme for students pursuing teaching as well.
Minimum Requirements:
·
South African citizenship or permanent
residency.
·
Strong academic performance, usually a
minimum of 70% aggregate.
·
Financial need, as assessed through a
means test.
·
Admission or registration at a recognized
tertiary institution for a relevant degree programme.
·
Recent high school graduates with a matric
exemption (Bachelor pass) and scores of 60% or higher in Mathematics, Sciences
(Life Science or Physical Sciences), and English is eligible.
·
Tertiary students who have attained
credits in Mathematics and Sciences (Life Science or Physical Sciences) are
also eligible.
·
Graduates with majors in Mathematics
and/or Science are eligible for the bursary.
Eligibility:
The
Investec Bursary Programme is open to students pursuing undergraduate or
postgraduate studies in various fields, including but not limited to:
·
Finance
·
Accounting
·
Economics
·
Engineering
·
Information Technology
·
Business Management
·
Law
·
Science
·
Mathematics
·
Humanities
Investec
offers full bursaries and bursars are awarded depending on the financial need
and academic merit. Full bursaries typically cover tuition fees, prescribed
textbooks, accommodation, and a living allowance, while partial bursaries may
cover specific expenses such as tuition fees or textbooks.
Successful
applicants can expect a comprehensive bursary package tailored to their
individual needs and circumstances. This may include:
·
Tuition Fees: Coverage of all or a portion
of tuition fees for the duration of the academic programme.
·
Prescribed Textbooks: Financial assistance
to purchase required textbooks and study materials.
·
Accommodation: Provision of funds towards
accommodation expenses, either on-campus or off-campus.
·
Living Allowance: A monthly stipend to
cover living expenses such as meals, transportation, and personal necessities.
·
Mentorship and Support: Access to
mentorship programmes, career guidance, and networking opportunities to enhance
personal and professional development.
·
Internship Opportunities: Potential
opportunities for internships or work placements within Investec or its partner
organizations, providing valuable practical experience and exposure to the
industry.
The application process for the Investec Bursary Programme is designed to be accessible and straightforward, ensuring that eligible candidates have the opportunity to apply for financial assistance and support for their tertiary education.
Below is a step-by-step guide to the typical application process:
Step
1: Check Eligibility Criteria
Before
beginning the application process, it's essential to review the minimum
requirements and eligibility criteria outlined by Investec. Ensure that you
meet the necessary qualifications, including academic performance, citizenship
or residency status, and field of study.
Step
2: Gather Required Documents
Prepare
all the necessary documents required for the application process. These may
include:
·
Academic transcripts or results from
secondary school or previous tertiary education (if applicable)
·
Proof of admission or registration at a
recognized tertiary institution
·
Proof of South African citizenship or
permanent residency
·
Proof of household income or financial
need (such as payslips or a letter from a parent or guardian)
·
Personal statement or motivation letter
outlining your academic achievements, career aspirations, and reasons for
applying for the bursary
·
Curriculum vitae (CV) or resume detailing
your academic qualifications, extracurricular activities, work experience, and
community involvement (if applicable)
·
Any additional documents or information
specified by Investec
Ensure
that all documents are accurate, up-to-date, and well-organized before
proceeding with the application.
Step
3: Complete the Online Application Form
Visit
the Investec website or the dedicated page for the bursary programme to access
the online application form (Study Trust). Provide all the requested
information accurately and completely. Double-check your entries to avoid any
errors or omissions that could delay the processing of your application.
Step
4: Submit Application
Once
you have completed the online application form and attached all required
documents, submit your application electronically through the Investec website
or the designated online portal. Be sure to review your submission one final
time to ensure that all information is accurate and complete.
Step
5: Await Confirmation
After
submitting your application, you will receive confirmation of receipt from
Investec via email or other communication channels. Keep track of any
correspondence from Investec and follow any instructions provided regarding
additional documentation or next steps in the application process.
Step
6: Assessment and Selection
Investec
will review all received applications and assess them based on the eligibility
criteria, academic merit, financial need, and other relevant factors.
Shortlisted candidates will be invited for interviews, assessments, or further
evaluation as part of the selection process.
Step
7: Notification of Outcome
Once
the selection process is complete, Investec will notify applicants of the
outcome of their bursary applications. Successful candidates will receive
formal confirmation of the bursary award, including details of the bursary
package and any additional requirements or conditions.
Step
8: Acceptance and Confirmation
If
offered a bursary, carefully review the terms and conditions of the award,
including any obligations or commitments required of recipients. Accept the
bursary formally by following the instructions provided by Investec, which may
include signing and returning acceptance documents.
Step
9: Enjoy the Benefits
Upon
acceptance of the bursary, recipients can begin to enjoy the benefits of the
programme, including financial assistance, mentorship, and support throughout
their academic journey. Take full advantage of the opportunities provided by
Investec to excel academically, develop professionally, and contribute
positively to your community and society as a whole.
By
following these steps and adhering to the guidelines provided by Investec,
eligible candidates can navigate the bursary application process successfully
and position themselves for academic success and future leadership.
Additionally:
In
relation to bursaries for students pursuing teaching: it includes mentorship by seasoned school
educators, access to top-notch teaching materials and technology, training at
ISASA schools, specialized academic enrichment sessions, and full coverage of
UNISA fees and textbooks, among other benefits.
The
Investec Bursary Programme exemplifies Investec's commitment to nurturing
talent, promoting education, and investing in the future of South Africa. By
providing financial support, mentorship, and opportunities for growth, Investec
empowers students to pursue their academic aspirations, realize their
potential, and contribute meaningfully to society as future leaders and
change-makers.
Note:
Applications
for 2024 are closed. Look out for the opening date of the 2025 applications.
Click here for a guide on how to write a compelling motivational letter.