Education plays a crucial role in the development and growth of individuals and nations alike. However, financial constraints often hinder deserving students from pursuing their dreams. In South Africa, the Thuthuka Bursary Fund aims to break down these barriers by providing financial support to talented students from disadvantaged backgrounds, enabling them to access quality education and pursue careers in the field of chartered accountancy. This comprehensive article will delve into the details of the Thuthuka Bursary Fund, including its eligibility criteria, application process, and contact information.

What is the Thuthuka Bursary Fund?

The Thuthuka Bursary Fund, established in 2005 by the South African Institute of Chartered Accountants (SAICA), is a program dedicated to promoting transformation in the accounting profession. The fund aims to increase the number of black chartered accountants in South Africa by offering comprehensive bursaries to financially needy and academically talented students.

Bursary Requirements:

·    Be black or colored.

·    South African citizenship or permanent residency.

·    Acceptance or registration at a SAICA-accredited university.

·    Financially disadvantaged background.

·    A minimum of 60% aggregate in Mathematics (not Maths Literacy) and English (First or Second Language) in Grade 12.

·    Write the NBTs.

Documents Required for Application:

·    Certified copy of South African ID document or passport (if applicable).

·    Certified copy of Grade 11 final results (or mid-year Grade 12 results if applying in Grade 12).

·    Certified copy of Grade 12 June results (if applying in Grade 12).

·    Certified copy of Grade 12 final results (or provisional results if applying before the release of final results).

·    Proof of acceptance or registration at a SAICA-accredited university.

Duration of the Bursary:

The Thuthuka Bursary Fund provides financial support for the entire duration of a student's undergraduate studies. The bursary covers tuition fees, prescribed textbooks, accommodation, meals, and a monthly allowance.

Detailed Steps of the Bursary Application Process:

·    To apply for the Thuthuka Bursary Fund, follow these steps:

·    Visit the SAICA website: Go to the official website of the South African Institute of Chartered Accountants (SAICA) and navigate to the Thuthuka Bursary Fund section.

·    Review the eligibility criteria: Thoroughly read and understand the eligibility requirements to determine if you meet the necessary criteria.

·    Complete the application form: Fill out the online application form, providing accurate and detailed information about yourself and your academic background.

·    Gather the required documents: Collect all the necessary documents as outlined in the application requirements.

·    Submit the application: Upload the completed application form and the supporting documents on the SAICA website before the stated deadline.

Tips on Securing the Bursary:

To increase your chances of securing the Thuthuka Bursary, consider the following tips:

·    Start early: Begin gathering the required documents and researching the application process well in advance to ensure you have everything ready on time.

·    Maintain academic excellence: Focus on achieving excellent grades, particularly in Mathematics and English, as academic performance is a crucial aspect of the selection process.

·    Demonstrate financial need: Clearly articulate your financial situation in the application, providing any relevant supporting documents to strengthen your case.

·    Seek guidance: Reach out to your school's guidance counselor or the Thuthuka Bursary Fund for any clarifications or assistance during the application process.

The Thuthuka Bursary Fund is a comprehensive financial aid program that covers various expenses associated with pursuing a chartered accountancy qualification. If you are awarded the bursary, it will typically cover the following:

·    Tuition Fees: The bursary will cover the full or partial payment of your tuition fees at a SAICA-accredited university. This ensures that you can focus on your studies without the burden of tuition costs.

·    Prescribed Textbooks: The bursary provides funding for the purchase of required textbooks and study materials. Having access to these resources is vital for your academic success and enables you to engage effectively with your coursework.

·    Accommodation: The Thuthuka Bursary Fund recognizes that accommodation is a significant expense for students. Therefore, the bursary includes provisions for covering the cost of accommodation during your studies, either on-campus or off-campus, depending on the university's policies.

·    Meals: The bursary fund also allocates funds to assist with meal expenses. This ensures that you have access to regular nutritious meals, supporting your overall well-being and enabling you to focus on your studies.

·    Monthly Allowance: In addition to covering tuition fees, textbooks, accommodation, and meals, the Thuthuka Bursary Fund provides a monthly allowance. This allowance helps to cover other living expenses, such as transportation, stationery, and personal needs, making your educational journey more manageable.

It is important to note that the specific details of the bursary package may vary slightly from year to year. However, the Thuthuka Bursary Fund strives to provide comprehensive support to deserving students, ensuring that financial barriers do not hinder their pursuit of a career in chartered accountancy.

In addition to the financial support mentioned earlier, the Thuthuka Bursary Fund offers various types of support and benefits to its recipients: These additional forms of assistance aim to enhance the overall educational experience and help students succeed in their academic and professional journeys.

Additional support and benefits provided by the Thuthuka Bursary Fund:

·    Mentorship and Guidance: The Thuthuka Bursary Fund recognizes the importance of mentorship in nurturing talent and providing guidance. Therefore, bursary recipients are often paired with experienced professionals in the field of chartered accountancy. These mentors provide valuable insights, advice, and support, helping students navigate their academic and career paths.

·    Work Readiness Programmes: To ensure that bursary recipients are well-prepared for the professional world, the Thuthuka Bursary Fund may offer work readiness programs. These programs equip students with essential skills such as communication, teamwork, and problem-solving, enhancing their employability and professional development.

·    Leadership Development: The bursary fund may provide opportunities for leadership development, empowering students to become future leaders in the accounting profession. This can include workshops, seminars, or networking events that focus on leadership skills and personal growth.

·    Networking Opportunities: Thuthuka Bursary Fund recipients may have access to a network of professionals, industry leaders, and fellow students. This network can provide valuable connections, internship opportunities, and exposure to potential employers, expanding students' professional networks and opening doors for future career prospects.

·    Professional Exam Support: The Thuthuka Bursary Fund understands the importance of completing professional examinations to become a chartered accountant. Therefore, additional support may be provided to bursary recipients to help cover the costs associated with exam fees, study materials, and preparatory courses.

·    Career Guidance and Placement Support: The bursary fund may offer career guidance services to assist students in making informed decisions about their career paths. This can include assistance with CV preparation, interview skills, and job placement support.

Bursary Fund Contact Details:

For further inquiries or assistance regarding the Thuthuka Bursary Fund, you can contact SAICA using the following details:

Website: www.saica.co.za

Coordinator's Email: Janes@saica.co.za

Phone: 27 8610 SAICA (72422)

Closing Date:

The closing date for Thuthuka Bursary Fund applications may vary from year to year. Therefore, it is essential to refer to the SAICA website or contact them directly for the most up-to-date information regarding application deadlines. The 2023 closing date is the 31st of August.

The Thuthuka Bursary Fund is a remarkable initiative aimed at empowering talented and disadvantaged students in South Africa to pursue a career in chartered accountancy. By providing comprehensive financial support, the fund opens doors to education and opportunity for those who may not have otherwise had access. If you meet the eligibility criteria, we encourage you to gather the necessary documents, complete the application form accurately, and submit it before the deadline. Seize this opportunity and embark on a transformative journey toward a brighter future.

Investment banking is a prominent field within the financial industry that involves providing advisory services, underwriting securities, and facilitating mergers and acquisitions. In South Africa, the demand for skilled investment bankers is high due to the country's growing economy and thriving financial sector. This essay aims to provide a comprehensive guide on how to become an investment banker in South Africa, including the necessary education, career opportunities, and key institutions in the industry.

An investment banker is a financial professional who assists corporations, governments, and individuals in raising capital, making strategic financial decisions, and executing complex financial transactions. To embark on a career as an investment banker in South Africa, one must acquire the necessary knowledge and skills through relevant education and professional experience. The duration of study required to become an investment banker may vary depending on the chosen educational path. On average, it takes around four to six years to complete the necessary education and obtain the required qualifications.

Modes of Study:

Various modes of study are available for individuals aspiring to become investment bankers in South Africa. These include:

·    Bachelor's Degree: Pursuing a bachelor's degree in finance, economics, accounting, or a related field is a common starting point. The duration of a bachelor's degree program is typically three to four years, and it provides a solid foundation in financial concepts, accounting principles, and economic theories.

·    Postgraduate Degree: Many aspiring investment bankers opt for postgraduate degrees such as a Master of Business Administration (MBA) or Master of Finance (MFin). These programs offer specialized knowledge in finance and provide a competitive edge in the job market. The duration of postgraduate programs ranges from one to two years.

·    Professional Certifications: In addition to formal education, investment bankers can enhance their qualifications through professional certifications such as the Chartered Financial Analyst (CFA) designation. These certifications demonstrate expertise in finance and can significantly enhance career prospects.

Undergraduate Degrees and Diplomas to study:

Several undergraduate degrees and diplomas pave the way for a career in investment banking. Some of the relevant fields of study include:

·    Bachelor of Commerce (BCom) in Finance, Economics, or Accounting

·    Bachelor of Business Science (BBusSc) in Finance

·    Bachelor of Science (BSc) in Actuarial Science or Mathematics with Finance specialization

·    Diploma in Financial Management or Investment Management

Best Investment Banking Corporations in South Africa:

South Africa boasts several leading investment banking corporations that provide excellent career opportunities for aspiring professionals. Some of the notable investment banking firms in South Africa include:

·    Absa Corporate and Investment Banking

·    Standard Bank Group

·    Investec Bank Limited

·    Nedbank Corporate and Investment Banking

·    Rand Merchant Bank (RMB)

·    JP Morgan South Africa

·    UBS South Africa

·    Goldman Sachs South Africa

Opportunities for Investment Bankers:

As an investment banker in South Africa, numerous career opportunities exist, including:

·  Corporate Finance: Assisting companies in raising capital, executing mergers and acquisitions, and providing strategic financial advice.

·  Capital Markets: Engaging in the underwriting and trading of securities, including stocks, bonds, and derivatives.

·  Private Equity: Identifying and investing in promising companies to generate substantial returns.

·    Asset Management: Managing investment portfolios for individuals and institutional clients.

·    Risk Management: Assessing and mitigating financial risks for organizations.

Average Salary of an Investment Banker:

The salary of an investment banker in South Africa can vary depending on factors such as experience, job role, and the employer's size and reputation. Generally, entry-level investment bankers can expect to earn an average annual salary of ZAR 400,000 to ZAR 600,000. However, with experience and career progression, this figure can significantly increase, reaching several million rands per year for senior investment banking professionals.

Let's take a look at the Benefits of Being an Investment Banker:

·    Financial Rewards: Investment banking is known for its lucrative compensation packages. Successful investment bankers have the potential to earn high salaries, significant bonuses, and generous profit-sharing opportunities.

·    Career Progression: Investment banking offers a clear career path with structured hierarchies. As individuals gain experience and expertise, they can climb the corporate ladder, taking on more senior roles with increased responsibilities and higher levels of compensation.

·    Global Exposure: Investment banking is an international industry, that provides opportunities to work on cross-border transactions and collaborate with professionals from diverse backgrounds. This global exposure enhances one's market knowledge, cultural understanding, and professional network.

·    Intellectual Challenge: Investment banking involves complex financial analysis, strategic decision-making, and problem-solving. This intellectually stimulating environment allows investment bankers to continuously learn and develop their skills, working on intricate financial models and analyzing market trends.

·    Networking Opportunities: Investment bankers interact with clients, industry professionals, and influential stakeholders. Building a strong professional network can open doors to new career prospects, partnerships, and business opportunities.

Disadvantages of Being an Investment Banker:

·    Demanding Workload: Investment banking is notorious for its long working hours and intense pressure. Investment bankers often face tight deadlines, heavy workloads, and the need to be available around the clock, which can lead to high levels of stress and work-life imbalance.

·    High-Stress Levels: The fast-paced nature of investment banking, coupled with high-stakes transactions and client expectations, can contribute to significant stress levels. Dealing with market volatility, demanding clients, and intense competition can take a toll on an individual's mental and emotional well-being.

·    Limited Personal Time: The demanding nature of the job often leaves little time for personal commitments, hobbies, or leisure activities. Investment bankers may find it challenging to maintain a healthy work-life balance, leading to strained relationships and decreased personal satisfaction.

·    Constant Pressure to Perform: Investment banking is a results-driven industry, and the pressure to meet financial targets and deliver exceptional outcomes can be relentless. This constant pressure to perform at a high level can create a high-stress environment and a sense of constant scrutiny.

·    Limited Job Security: Economic fluctuations and changes in the financial industry can impact the stability of investment banking careers. Downsizing, mergers, and market downturns can lead to job insecurity, especially during times of financial crisis.

Becoming an investment banker in South Africa requires a combination of relevant education, professional certifications, and practical experience. Pursuing a bachelor's degree, followed by a postgraduate degree or professional certifications, provides a strong foundation for a successful career in this field. South Africa offers a diverse range of investment banking corporations, providing ample opportunities for aspiring professionals to excel in various domains such as corporate finance, capital markets, private equity, and asset management. With dedication, commitment, and the right qualifications, one can embark on a rewarding journey as an investment banker in South Africa. Additionally, while investment banking offers numerous benefits such as financial rewards, career progression, and global exposure, it also comes with its fair share of disadvantages, including demanding work hours, high-stress levels, limited personal time, constant pressure to perform, and job insecurity. Aspiring investment bankers should carefully consider these factors before pursuing a career in this field, weighing the rewards against the challenges to make an informed decision.

Read this article featuring Investment Banker Nkanyiso Nyawose. 

Sibanye Stillwater is a leading precious metals mining company with a diverse portfolio of operations spanning South Africa, the United States, Europe and Zimbabwe. The company's primary focus is the exploration, extraction, and processing of gold, platinum, and palladium. Sibanye Stillwater's objective is to create sustainable value for its stakeholders, employees, and the communities in which it operates. Through responsible mining practices, the company aims to deliver exceptional returns, foster social development, and maintain environmental stewardship. This learnership serves as a remarkable stepping stone for individuals seeking personal and professional growth in the mining industry.

Sibanye Stillwater Learnership Requirements:

The Sibanye Stillwater learnership opportunity is designed for individuals who possess a passion for the mining industry and a strong drive to succeed. The specific requirements for the learnership may vary depending on the program and the position being offered. However, some common prerequisites include:

1) Educational Qualifications: Applicants are typically required to have a minimum of Grade 9 or an equivalent qualification, with passes in mathematics, science, and English. Higher-level qualifications may be required for certain specialized learnerships.

2) Age and Citizenship: Learnerships are typically open to South African citizens or individuals with valid work permits. 

3) Medical Fitness: Candidates must be medically fit and able to perform the physical requirements of the learnership. A medical examination may be conducted as part of the selection process.

Duration of the Learnership:

The duration of the Sibanye Stillwater learnership can vary depending on the specific program. Learnerships generally range from 12 to 24 months, providing participants with a comprehensive and hands-on learning experience. During this period, learners will acquire both theoretical knowledge and practical skills to excel in rock-breaker learnership.

Benefits of this Learnership might include:

Participating in the Sibanye Stillwater learnership program offers numerous benefits to the individuals involved. Some of the key advantages include:

In this post we will try to share as much as possible about the top MBA programs available for South Africans, both local and international.

1. University of Cape Town (UCT) - Graduate School of Business (GSB)

Established in 1964, the GSB is one of the oldest and most prestigious business schools in South Africa. The school offers a rigorous and challenging MBA, with a focus on emerging markets and their challenges and opportunities.

Entry Requirements: Bachelor’s degree or equivalent, minimum 4 years work experience, GMAT score or Graduate School Admission tests (GSAT), motivation essays, and interviews.

Fees: The estimated total cost for the 2023 intake is R265,000.

Application Period: Applications usually open in April and close in October of the preceding year.

2. University of the Witwatersrand - Wits Business School (WBS)

WBS was founded in 1968 and offers a globally recognized MBA program. The school prides itself on its focus on African insight and its global perspective.

Entry Requirements: Bachelor’s degree, postgraduate degree or 4-year professional degree, minimum 3 years work experience, 1-page motivation letter, and SAQA verification (for international qualifications).

Fees: The total tuition fees for the 2023 intake is approximately R250,000.

Application Period: Application opens in March and closes in November of the preceding year.

3. Stellenbosch University - Business School

The University of Stellenbosch Business School (USB), established in 1964, offers an internationally accredited MBA program. The school focuses on responsible leadership and sustainability.

Entry Requirements: A Bachelor’s or Honours degree, a minimum of 3 years of working experience, SAQA evaluation certificate (if applicable), and a satisfactory GMAT score.

Fees: The total tuition fee for the 2023 intake is approximately R209,000.

Application Period: Applications open in April and close in November of the preceding year.

4. University of Pretoria - Gordon Institute of Business Science (GIBS)

Established in 2000, GIBS offers an MBA that emphasizes general management in dynamic markets. The program balances solid quantitative skills with a strong grounding in human issues.

Entry Requirements: 4-year Bachelor's degree or 3-year Bachelor's degree plus post-graduate diploma, minimum 5 years work experience, GMAT, and psychometric testing.

Fees: The total tuition fee for the 2023 intake is approximately R297,680.

Application Period: Applications open in February and close in October of the preceding year.

5. Rhodes Business School

Established in 2000, Rhodes Business School offers an MBA with a strong focus on sustainability and ethical business practices.

Entry Requirements: At least a 3-year degree or equivalent, post-graduate work experience, GMAT for those who graduated over ten years ago, and a satisfactory outcome in the School's selection process.

Fees: The estimated tuition fee for the 2023 intake is approximately R168,000.

Application Period: Applications open in February and close in October of the preceding year.

6. Nelson Mandela University Business School

Founded in 2008, the school offers a comprehensive MBA curriculum with a focus on developing creative and ethical business leaders.

Entry Requirements: Bachelor’s degree or equivalent, a minimum of four years' work experience, and an entrance test (MAT or GMAT).

Fees: The estimated tuition fee for the 2023 intake is approximately R180,000.

Application Period: Application opens in April and closes in November of the preceding year.

7. University of KwaZulu-Natal - Graduate School of Business and Leadership

This school offers an MBA program that addresses business and leadership issues in South Africa and Africa while considering international market relations.

Entry Requirements: Bachelor’s degree or equivalent, a minimum of two years' managerial experience, and either a GMAT score or Managerial Aptitude Test (MAT).

Fees: The estimated tuition fee for the 2023 intake is approximately R185,000.

Application Period: Applications open in April and close in October of the preceding year.

8. Regent Business School

Regent Business School was established in 1998 and has a strong entrepreneurial focus. The MBA degree emphasizes global business principles and leadership skills.

Entry Requirements: A Bachelor’s degree or equivalent, a minimum of two years' work experience, and the Regent Business School Literacy Test.

Fees: The estimated tuition fee for the 2023 intake is approximately R120,000.

Application Period: Applications open throughout the year, but it is recommended to apply at least 3 months before the intended start date.

9. Milpark Business School

Milpark was established in 1997 and offers an MBA with a strong focus on ethical and sustainable business practices, entrepreneurship, and financial decision-making.

Entry Requirements: Bachelor’s degree, postgraduate degree or a four-year degree (such as a B Tech), minimum 3 years of work experience at managerial or professional level, and a comprehensive CV.

Fees: The total tuition fee for the 2023 intake is approximately R175,000.

Application Period: Applications open in February and close in November of the preceding year.

10. Henley Business School Africa

Henley Africa is a branch of the University of Reading's Henley Business School, one of the oldest business schools in the UK. The school has been operating in Africa since 1992 and offers an international MBA that focuses on international business and leadership.

Entry Requirements: A good undergraduate degree or equivalent, minimum 3 years management experience, and a good GMAT score.

Fees: The total tuition fee for the 2023 intake is approximately R265,000.

Application Period: Applications are open throughout the year, with intakes in January, April, and October.

Here's a summary of the tuition fees:

Online MBAs for South Africans from International Business Schools:

1. Imperial College Business School (UK) offers a Global Online MBA program that is flexible and designed for busy professionals.
2. Warwick Business School (UK) provides a Distance Learning MBA for individuals who cannot attend full-time or part-time courses.
3. Indiana University Kelley School of Business (US) offers an Online MBA program with multiple start dates throughout the year.
4. University of Liverpool (UK) provides a fully Online MBA that focuses on leadership and management skills.
5. University of North Carolina (US) offers an Online MBA program through its Kenan-Flagler Business School.
6. IE Business School (Spain) provides a Global Online MBA that is flexible and customizable to your career goals.
7. HEC Paris (France) offers an Online MBA, focusing on strategy and business environment.
8. University of Illinois (US) offers an Online MBA program through its Gies College of Business.
9. Australian Graduate School of Management (Australia) offers an Online MBA program designed for the working professional.
10. Durham University Business School (UK) offers an Online MBA that allows students to study entirely online, enabling them to study and work concurrently.

Please visit their respective websites for up-to-date entry requirements, fees, and application periods.

FAQs:

1. Can I study an MBA part-time? Yes, most schools offer a part-time MBA program that is designed for working professionals.
2. What is the GMAT? The Graduate Management Admission Test (GMAT) is a standardized test intended to measure a test taker's aptitude in mathematics and analytical writing.
3. Are scholarships available? Yes, most universities offer scholarships based on various criteria. Contact the universities for more information.
4. Do I need work experience for an MBA? Yes, most MBA programs require at least a few years of professional work experience. However, the specific amount can vary between programs.
5. Can I do an MBA right after my bachelor's degree? Some schools may accept students straight from an undergraduate program if they demonstrate exceptional academic and leadership abilities. However, the majority of programs prefer applicants with post-graduate work experience.
6. Do all MBAs require the GMAT? Most programs do require the GMAT, but some schools accept the GRE, and others may waive the requirement entirely for certain applicants.
7. How long does it take to complete an MBA? Most full-time MBA programs last two years, although some accelerated programs may be completed in one year. Part-time or online programs often allow up to five years for completion.
8. Is it worth doing an MBA in South Africa? An MBA can provide valuable business and leadership skills, open up new career opportunities, and increase your earning potential. However, it's a significant investment of time and money, so it's essential to consider your career goals and do your research.
9. What is the purpose of an MBA? An MBA provides a strong foundation in business and management principles, with the opportunity to specialize in areas like finance, marketing, operations, and more. The program aims to equip students with the skills and knowledge needed for leadership roles in business.

Career options and salaries for MBA graduates in South Africa

Potential career paths for MBA graduates include roles in finance (like financial manager or investment banker), consulting, healthcare (health services manager), information systems manager, marketing manager, or even entrepreneur.

MBAs could also lead to positions in operations management, product management, business development, and even in non-profit leadership. Keep in mind that salaries can vary widely depending on the role, experience, and sector.

MBA graduates might also find opportunities in areas like strategic planning, sales management, investment fund management, supply chain management, and technology management.

The average salary for MBA graduates in South Africa can range from R400,000 to R700,000 per annum, but it varies greatly depending on the role, industry, and experience level.

I hope this helps, and I wish you the best in your search for the perfect MBA program!

What is a systems analyst?

System analysts are responsible for the maintenance and improvement of computer systems within an organization. As organizations move more operations, processes, and communication online, this IT role is becoming increasingly popular and in demand. Systems Analysts often work beyond normal hours to ensure that there are no interruptions to business. The System Analyst job description must emphasize the need to be able to communicate complex ideas and logic to others. Systems analysts work in the IT industry to find solutions to problems by connecting different systems or computers. They also need to determine which platform, protocols, and software can be used and what communications mediums are available.

Business analysis vs System analysis

Systems analysts are typically limited to a given system or assigned area. They often work alongside business analysts. Although they may overlap in some ways, these roles are not identical. The business analyst will assess the business needs and design the solution. However, they won't go into too much detail about the technical aspects of the solution. Instead, they will rely on a systems analyst. Systems analysts will often review code and modify scripts.

It is possible to become a system analyst by applying for admission to the BCom in Information Systems and/or computer science foundation BCom. This degree can be obtained after successful matriculation and satisfying the minimum requirements of the new NSC. These include a minimum entry level of +50% or +70% in Mathematics Literacy and a minimum entry level in the English Language. Candidates with higher accomplishments, such as a higher pass score in Mathematics (or Mathematics Literacy), and English Language, will be preferred in the selection process. Please note that university entry requirements can vary from one university to the next.

You could be employed as an IT Project Manager or Computer Systems Analyst, Computer or Information System Technician, or Chief Technology Officer.

Qualifications of Systems Analyst

·    Bachelor's degree or equivalent in information technology or computer science.

·    4 to 6 years of experience in information technology and system analysis

·    Strong analytical, computer, and hardware skills

·    Demonstrated ability to identify business needs and translate them into solutions

·    Solid understanding and knowledge of database administration and maintenance principles

·    Experience installing, configuring, and documenting new systems and applications.

·    A wide range of programming languages is required to be proficient in the job.

Career advancement opportunities may include:

·    Promotion to a senior analyst or lead analyst and leading a team

·    Indirect moves within an organization, such as the development of technical expertise (in a role as a systems/technical administrator)

·    Project management or sales and accounts management roles

·    Moving in a more strategic direction within the company or through a consulting firm.

·    Your career path will be affected by the size and structure of the company you work for.

The projected growth in employment of computer system analysts from 2021-2031 is 9 percent, which is faster than the average rate for all occupations.

On average, there will be 44,500 computer system analyst openings each year. This is a 10-year average. Many of these openings will be caused by the need to replace workers who leave the workforce or transfer to other occupations.

Let's talk about money

A Systems Analyst who has less than one year of experience can expect to be paid an average total salary (including tips, bonus, and overtime) of R250 000. An early career Systems Analyst can expect to earn an average total compensation of R350 000 for 1-4 years. A mid-career Systems Analyst earns around R490 000 in total compensation. An experienced Systems Analyst with 10-20 years of experience will earn an average total salary of R600 000, based upon their previous work. Employees earn an average total salary of R690 000 in their final years of employment (20 and above). These figures are approximate and are based on comparison. It has been noted that the salaries depend on a wide range of factors namely being: company (firm) of employment, region of employment and experience. 

These are the top universities in South Africa to study information systems and computer science.

·    The University of Pretoria

·    The University of Johannesburg

·    The University of KwaZulu Natal

Why would you want to pursue a career as a systems analyst?

You will use your technical and research skills to improve and lead business functions. This is a broad range of industries. It's great to be in high demand, make a decent salary, and do what you love: tinkering with computer systems and solving problems.

As a systems analyst you need to have/be:

·    an ability to learn quickly and be proficient with the software and systems used by the company

·    outstanding organizational skills and attention to detail.

·    vast knowledge of programming and computer systems.

·    have Excellent communication skills, both written and verbal.

·    great interpersonal skills and a demonstrated ability to work with others.

·    good problem-solving and analytical skills.

·    vast knowledge of programming and computer systems.

Look out for an interview from a systems analyst and potential bursaries!

Hear what Specialist Systems Analyst Nosi September has to say about her career! Interview