Bursary Programme

As a leader in our industry, we are keen to ensure that talented, top-performing students get every opportunity to enter the world of business. And we know that, for many, a fulfilling and rewarding career may feel out of reach. It’s a goal that can be achieved only with a solid education to build upon. This is why we offer bursaries.

A bursary programme could make all the difference to your future success. It provides financial support to full-time students enabling them to complete their education and, potentially, pursue a career with us upon qualifying. In recent years, we have sponsored hundreds of ambitious students. You could be next.

What does the bursary include?

The bursary includes full tuition fees and will be paid out according to the annual bursary award and the individual’s needs. You will be assessed every year and if your performance is satisfactory, Absa will continue to sponsor you.

Qualifying criteria

This bursary programme helps Absa employ top talent and it also offers financial support to fulltime students studying towards one of the following qualifications:

Bachelor or postgraduate degree in:

  • IT
  • LLB
  • Informatics
  • Data science
  • Statistics
  • Actuarial sciences
  • Risk or investment management
  • Business mathematics and informatics (BMI)
  • Engineering (industrial, financial or process).
  • Other relevant mathematical sciences

Qualifying criteria for postgraduate and undergraduate university students:

  • Applicants must be studying full-time for the 2016 academic year at an accredited South African university.
  • Applicants must not have a criminal record.
  • Undergraduate students must have achieved a minimum average of 70% in the first semester for the 2015 academic year.
  • They should also be studying to complete a Bachelor’s degree.

Qualifying criteria for 2015 matriculants:

  • Applicants must have achieved a minimum average of 80% for the June 2015 examinations.
  • Applicants must be registered to study full-time for the 2016 academic year at an accredited South African university.
  • Applicants must not have a criminal record.
Bursary terms and conditions

You may apply for a bursary if:

  • You have not received any other bursary or assistance
  • You are pursuing a course of study in a discipline that will benefit the Banking Industry
  • You are registered at a recognised Tertiary Education Institution in South Africa

The following are some of the terms and conditions of the bursary:

  • Successful applicants who meet the requirements are awarded a conditional bursary pending their final year result
  • Each successful student will have to sign a formal contract with Absa in order to secure funding. Awarded bursaries will be re-evaluated each year based on academic performance
  • Successful applicants will be bound contractually to work for Absa after graduation for a period equal to the tenure of the bursary. Placements will be made according to the needs of the business]
  • Students are expected to complete their qualification within the disciplines as agreed with Absa
  • Students may be requested to participate in relevant project and skills training
  • Absa will only fund one qualification at a time
  • A selection of students will be made in line with our Employment Equity strategy
  • Short-listed candidates will be required to submit their final results for the current academic year by 15 January 2016
How do I apply?

You can apply online. Applications opened on 15 April and will close on 31 July 2015.

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