Industrial Development Corporation Bursary 2024 Intake
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In an era fueled by rapid technological
advancements and the pursuit of innovation, the Industrial Development
Corporation (IDC) stands at the forefront of driving economic growth and
development in numerous industries. With a steadfast commitment to nurturing
talent and empowering aspiring professionals, the IDC proudly announces its
highly coveted bursary program for the year 2024. This prestigious initiative
aims to unlock the potential of bright young minds and foster a skilled
workforce that will shape the future of South Africa's industrial landscape. The
Industrial Development Corporation, a cornerstone of South Africa's economic
transformation, is a state-owned development finance institution. Established
in 1940, the IDC plays a pivotal role in driving industrialization and
sustainable economic growth across various sectors, including manufacturing,
mining, agriculture, and services. By providing financial support, business
development services, and strategic partnerships, the IDC endeavors to unlock
opportunities, facilitate job creation, and enhance the country's
competitiveness on a global scale.
The IDC firmly believes in the power of
education as a catalyst for economic progress and societal upliftment.
Recognizing the importance of developing a skilled workforce to drive
innovation and competitiveness, the IDC Bursary Program for 2024 is designed to
empower deserving individuals to pursue their dreams and gain the necessary
qualifications to contribute meaningfully to South Africa's industrial
landscape. With a commitment to inclusivity, the IDC Bursary Program targets
students from diverse backgrounds and fields of study, including engineering,
technology, finance, agriculture, natural sciences, and more. By investing in
the education and potential of these promising individuals, the IDC seeks to
foster a pool of talent that will spearhead innovation, contribute to
sustainable development, and address the challenges of a rapidly evolving
global economy. The IDC Bursary Program for 2024 presents an unparalleled
opportunity for ambitious individuals to receive financial assistance,
mentorship, and exposure to the dynamic industries that the IDC supports.
Through this comprehensive support system, recipients will gain valuable
skills, practical experience, and a deeper understanding of the real-world
challenges and opportunities within their chosen fields.
FIELDS COVERED
The Industrial Development Corporation (IDC) is
inviting students to apply for their bursary program, for the study year of 2024.
The bursary will be awarded for studies in
fields which are directly related to industry, including:
Engineering
·
Analytical
Chemistry
·
Chemical
Engineering
·
Civil
Engineering
·
Electrical
Engineering
·
Electronic
Engineering
·
Financial
Engineering
·
Geology
(leading to BTech at University of Technology)
·
Industrial
Engineering (BSc)
·
Mechanical
Engineering
·
Metallurgy
Engineering
·
Mine
Survey
·
Mining
Engineering
Applied Commercial Sciences
·
Accounting
(CA BCom)
·
Quantitative
Risk Management
·
Statistics
·
Actuarial
Science
·
Agriculture
·
Computer
Science
·
Economics
·
Information
Systems (BCom)
·
Investment
Management
·
Econometrics
·
Environmental
Science
·
Mathematics
·
Physics
·
Quantitative
Finance
·
Financial
Engineering
·
Information
Technology
BACHELOR OF LAW
• BCom Law (Commercial law)
• Bachelor of Law (LLB)
• Postgraduate Diploma in Law
Minimum entry requirements
·
South
African nationality
·
Must
be between the ages of 16 and 25 years old, completed grade 12 OR presently
enrolled in grade 12.
·
Studying
full-time or intending to study full-time in one of the aforementioned
disciplines of study.
·
Studying
or intending to study in a South African recognized university or university of
technology (NB- NOT a private university or college)
·
Current
Matric students must have a minimum 70% in Mathematics and Science, as well as
a minimum grade average of 75%.
·
Current
tertiary students must have an overall average of at 65%.
·
The
IDC Bursary Program is for applicants whose parents earn a combined household
income up to 350 000 k.
·
Deserving
students whose parents earn a combined household income up to R600 000,00 may
be considered and are therefore invited to apply.
Documents required:
·
Identification
Document.
·
Academic
record if you are in tertiary at present.
·
NSC
Certificate if you have completed, your highschool studies.
·
Grade
11 final report if you are currently in grade 12 and June report.
·
Proof
of university acceptance (conditional offer etc).
·
Proof
of Guardians income (i.e payslip).
All of the above must be certified.
What the bursary covers?
·
Tuition
and Textbooks.
·
Accommodation
·
Meals
·
Allowance
·
And
a laptop
Note
The application form must be completed online
only on their website (click here) and should be submitted together with all the required supporting documents.
Please ensure that the online application form is completed in full, otherwise
the application will not be considered.
Shortlisted applicants will complete an online
interview questionnaire. Successful applicants will be notified by email and/or
telephonically.
Contact
Email: bursary@idc.co.za
Contact: 011 269 3374
