Bursaries

Old Mutual Chartered Accounting Bursary Programme 2025

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Bursary Highlights

Applications are open for the Old Mutual Chartered Accounting Bursary Programme 2025.

Closing date: 31 October 2024

Old Mutual Limited (OML) is a premium African financial services group that offers a broad spectrum of financial solutions to retail and corporate customers across key markets in 14 countries.

Old Mutual believes in Africa and enabling everyone in it to do great things every day. We understand that well-trained, qualified professionals contribute significantly to the success of Old Mutual and South Africa.

That’s why we offer bursaries to the best young minds, to people who are passionate about pursuing a career that makes a real difference!

Purpose of Bursary

Bursary purpose is to help our customers thrive by enabling them to achieve their lifetime financial goals, while investing their funds in ways that will create a positive future for them, their families, their communities and broader society.

In this way, we significantly contribute to improving the lives of our customers and their communities while ensuring a sustainable future for our business.

About the Old Mutual Accounting Bursary

The Old Mutual Bursary Programme offers the opportunity to write Africa’s story with a real African success story.

Exceptional South African learners pursuing or interested in pursuing studies in Accounting (Chartered Accounting Stream) are invited to apply for the Old Mutual Bursary Programme.

The bursary programme comes with comprehensive support during university to the day you qualify and beyond into a meaningful career at Old Mutual.

It also offers opportunities for personal development, vacation work, networking, and guaranteed employment post-graduation.

What the Bursary Covers

The bursary covers:

  1. tuition,
  2. study materials,
  3. meals,
  4. accommodation in residence, and
  5. return flights home (if studying outside of your hometown).

You will receive financial support for the full duration of your degree and students who achieve excellent grades will receive more incentives.

Eligibility Criteria

To be eligible to apply you must meet the following requirements:

  • You must be a South African citizen
  • At least 70% in Mathematics, 60% for English HL or 70% for English FAL
  • You must be committed to enter the Old Mutual Chartered Accounting Training (OMCAT) Programme

  • You must have acceptance from one of the following SAICA accredited tertiary institutions:
    • 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

How to Apply

The Application Process

Shortlisted candidates will be sent a link to complete psychometric assessments. Finalists will be invited to a selection day where we will conduct interviews.

Should you be selected after the interview you will receive a provisional offer which will be confirmed once we receive your final matric results and proof of acceptance at University for an Actuarial Science or Accounting Science programme.

Required Documentation (to be included in the application)

Important Notes

  • Parental/guardian consent is required if you are under 18.
  • Preference will be given to candidates from under-represented designated groups, including candidates with disabilities.
  • Preference will be given to previously disadvantaged background or demonstrate financial need.
  • Incomplete applications will not be considered.

Applications close 31 October 2024

If you have any queries, contact the Old Mutual Early Careers team by emailing [email protected]

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