The Old Mutual Bursary (Chartered Accounting) 2024/2025

23:39 Monrovia 0 Comments


In the fast-paced and ever-evolving landscape of finance, the demand for skilled professionals capable of navigating complex financial landscapes is ever-present. By establishing the Old Mutual Accounting Bursary, the company not only addresses the immediate need for talent but also demonstrates its commitment to fostering a culture of excellence and innovation within the financial sector. Through this program, Old Mutual serves as a catalyst for the development of future leaders, equipping them with the knowledge, skills, and resources needed to thrive in an increasingly competitive global marketplace.

 Moreover, by investing in the education and professional development of aspiring accountants, Old Mutual reinforces its position as a thought leader and trailblazer within the industry, setting new standards of excellence and inspiring others to follow suit. In essence, the Old Mutual Accounting Bursary is not just an investment in individual students; it is an investment in the future of finance itself, ensuring that the industry remains vibrant, resilient, and responsive to the ever-changing needs of society.

About Old Mutual

Established over 175 years ago, Old Mutual has emerged as a venerable institution within the financial sector. Originating in South Africa in 1845, it initially provided life insurance to a burgeoning population. Over time, Old Mutual expanded its offerings, becoming a comprehensive financial services provider with a global footprint. Through periods of economic upheaval and societal change, Old Mutual has remained steadfast, adapting and evolving to meet the needs of its customers.

Its rich history is marked by milestones such as listing on the London Stock Exchange in 1999 and demutualization in 1997, which transformed it into a publicly traded company. Today, Old Mutual's legacy is characterized by its commitment to financial inclusion, innovation, and responsible investing. With a presence in multiple countries across Africa and beyond, it continues to be a trusted partner for millions, embodying stability, integrity, and excellence in all its endeavors.

About the Bursary

The Old Mutual Accounting Bursary is a program designed to help talented South African students pursue careers in Chartered Accounting. It provides financial support to cover tuition fees, residence fees, books, and a general allowance. In addition to financial aid, recipients also benefit from:

Exposure to various financial fields like:

·         Accounting

·         Financial management

·         Risk management.

·         External reporting

·         Governance

·         Taxation

Additional Benefits

·         Mentorship and support from qualified professionals throughout their degree.

·         Potential vacation work experience at Old Mutual.


·         South African citizenship

·         Currently in matric or matric completed

·         Minimum of 70% or Level 6 in all matric subjects, with strong performance in English and Maths (not Maths Literacy)

·         Application at or enrollment in one of the listed universities

·         Willingness to commit to Old Mutual's CA Training Programme and subsequent employment with Old Mutual

·         Under 21 years old if you are a high schooler and under 25 if you are a university student.

·         No prior post-matric qualifications

You Must Have Applied/Be Studying at Either:

·         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

Bursary Coverage

The bursary encompasses various aspects of financial assistance, including coverage for tuition fees, study materials, meals, accommodation in university residences, and even return flights home, particularly for students studying away from their hometowns. Importantly, this support extends throughout the entirety of the recipient's degree program, ensuring consistent aid. Additionally, students demonstrating exceptional academic performance may receive further incentives as a form of recognition and encouragement for their achievements. This comprehensive coverage not only eases the financial burden on students but also underscores the bursary's commitment to fostering academic excellence and enabling a conducive learning environment.

Application Process

Applications are completed online, click here to apply.

Documents Required (Typically)

·         Certified copy of your ID document

·         Matric results (latest if still in matric, or final certificate if completed)

·         Proof of acceptance or conditional acceptance letter from a university (if applicable)

·         Full academic transcript (for current university students only)

·         One-page CV following their recommended format

·         NBT Statement (if applicable)

·         Bursary motivation letter

Closing Date

01 October 2024.

Take Note

The Old Mutual Accounting Bursary not only offers financial support but also provides a direct pathway for students to build a rewarding career within the company. With a requirement for participation in Old Mutual's esteemed CA Training Programme and subsequent employment post-graduation, this bursary presents a unique opportunity for aspiring accountants to kickstart their professional journey with a reputable organization.

Given the popularity of accounting bursaries and the high volume of applications received by Old Mutual, it's imperative for applicants to showcase not only strong academic credentials but also a genuine passion for accounting.

Attention to detail is crucial, as missing documents could result in disqualification; applicants must ensure they meet all requirements and submit their applications by the specified deadline to be considered.

Additionally, while not mandatory for the bursary, Old Mutual encourages its workforce, including bursary recipients, to be fully vaccinated against Covid-19, underscoring Old Mutuals commitment to the health and safety of its employees and community. This holistic approach emphasizes Old Mutual's dedication to nurturing talent, fostering a supportive work environment, and contributing to societal well-being.

In addition to its transformative impact on individual students, the Old Mutual Accounting Bursary also plays a pivotal role in advancing the broader goals of societal development and economic empowerment. By providing opportunities for talented individuals to pursue careers in accounting, Old Mutual contributes to the growth and stability of the financial sector, which serves as a cornerstone of economic prosperity. Furthermore, by fostering a diverse and skilled workforce, the company promotes inclusivity and social mobility, ensuring that opportunities for professional advancement are accessible to all, regardless of background or circumstance. In doing so, Old Mutual not only enriches its own talent pool but also strengthens the fabric of the communities it serves, laying the groundwork for a more equitable and prosperous future for all South Africans. Thus, the Old Mutual Accounting Bursary embodies the company's commitment to making a meaningful and lasting impact on society, one student, one career, and one community at a time.

Applications are completed online, click here to apply.


* indicates required

You Might Also Like