Old Mutual: Bursary Programme 2024

The Old Mutual Bursary Programme offers the opportunity to write Africa’s story with a real African success story. Founded in 1845 in Cape Town with no capital, Old Mutual is today a premier pan-African financial services group operating in 14 countries and rooted in the purpose of Championing Mutually Positive Futures Every Day.

Exceptional SA-based learners pursuing studies in Actuarial Science or Accounting Science (Chartered Accounting Stream) are invited to apply for the Old Mutual Bursary Programme.

What the bursary programme offers:

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.

Eligibility Criteria:

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

General:

• You must be a South African citizen
• You must have completed Matric or currently be in Matric
• You must not have a post-Matric qualification
• You must be under the age of 21

For Actuarial Science:

• At least 80% in Mathematics (not Maths Literacy)
• At least 60% for English HL or 70% for English FAL
• At least 70% for all your other subjects.
• Must be studying/have applied at either:

1. North-West University
2. Stellenbosch University
3. University of Cape Town
4. University of Pretoria
5. University of the Free-State
6. University of the Witwatersrand

• You must be committed to qualifying as an actuary and work for the company after graduation.

For Chartered Accounting:

• At least 70% in Mathematics (not Maths Literacy)
• At least 60% for English HL or 70% for English FAL
• At least 70% for all your other subjects.
• Must be studying/have applied at either:

1. Nelson Mandela University
2. North-West University
3. Rhodes University
4. Stellenbosch University
5. University of Cape Town
6. University of Fort Hare
7. University of Johannesburg
8. University of Kwa-Zulu Natal
9. University of Pretoria
10. University of South Africa
11. University of the Free State
12. University of the Western Cape
13. University of the Witwatersrand

• You must be committed to enter the Old Mutual CA Training Programme and work for the company after graduation.

What the bursary covers:

The bursary covers tuition, study materials, meals, accommodation in residence and 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.