Old Mutual Chartered Accounting Bursary Programme: Your Path to a Finance Career

Are you a driven South African student with a passion for numbers and a dream of becoming a Chartered Accountant? The Old Mutual Chartered Accounting Bursary Programme for 2026/2027 offers a comprehensive pathway to achieving this goal. This program is designed to support exceptional learners from the university halls all the way to a successful career within Old Mutual. It provides not only financial assistance but also valuable opportunities for personal growth, practical experience, and a guaranteed future employment.

This bursary is more than just financial aid; it’s an investment in your future. It covers essential costs associated with your studies and offers a supportive environment to help you excel. If you meet the requirements and are committed to a career in accounting, this program could be the perfect launchpad for your professional journey.

Understanding the Bursary Benefits

The Old Mutual Chartered Accounting Bursary Programme aims to remove financial barriers for aspiring accountants. It provides a wide range of support to ensure students can focus on their academic and professional development. The bursary covers tuition fees, essential study materials, and provides for meals and accommodation in university residences. For students studying away from home, return flights are also included, easing the burden of distance.

Furthermore, students who demonstrate academic excellence can expect additional incentives. This financial backing is available for the entire duration of your degree program. Beyond financial support, the program offers opportunities for personal development, vacation work experience within Old Mutual, and valuable networking chances. A significant benefit is the guaranteed employment post-graduation, offering a clear and secure career path.

Eligibility Requirements for Applicants

To be considered for the Old Mutual Chartered Accounting Bursary Programme, candidates must meet specific criteria. First and foremost, you must be a South African citizen. Academically, a strong performance is required, with a minimum of 70% in Mathematics and 60% for English Home Language (HL) or 70% for English First Additional Language (FAL). These marks demonstrate the foundational skills needed for a demanding accounting degree.

Crucially, you must have secured acceptance from one of the South African tertiary institutions accredited by SAICA (South African Institute of Chartered Accountants). The list of eligible institutions includes 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, and Milpark Business School. Finally, applicants must be committed to entering the Old Mutual Chartered Accounting Training (OMCAT) Programme upon completion of their studies.

The Application Process Explained

The application process for the Old Mutual Chartered Accounting Bursary Programme is designed to identify promising candidates thoroughly. Applications must be submitted online through the Old Mutual careers portal. Before starting the online application, you will need to download and complete the bursary motivation form. This form allows you to express your reasons for applying and your aspirations in the field of accounting.

The online application itself includes a gamified assessment, which is not timed, allowing you to engage with it at your own pace. You will also be required to attach a one-page CV. Following the initial submission, shortlisted candidates will receive a link to complete psychometric assessments. These assessments help gauge your aptitude and suitability for the program.

The final stage involves a selection day where finalists will participate in interviews. If you are successful after the interview, you will receive a provisional offer. This offer will be confirmed once Old Mutual receives your final matric results and proof of acceptance at a university for an Accounting Science program.

Required Documentation for Your Application

To ensure your application is complete and considered, several documents are required. You will need to submit your one-page CV, which should highlight your academic achievements and any relevant experience. The completed bursary motivation form is essential for articulating your suitability and passion for accounting.

Academic records are also critical. This includes your school reports for Grade 10 through 12, and your Matric Certificate if applicable. If you are currently a university student, you will need to provide your full academic transcript. Additionally, a copy of your ID is required. If you have already received university acceptance, you must include your acceptance or conditional acceptance letter.

Important Considerations for Applicants

When preparing your application, keep a few important notes in mind. If you are under 18 years old, parental or guardian consent is necessary for your application to be valid. Old Mutual is committed to diversity and inclusion, so preference will be given to candidates from under-represented designated groups, including those with disabilities. Furthermore, preference is extended to individuals from previously disadvantaged backgrounds or those who can demonstrate financial need. It is vital to ensure your application is complete, as incomplete submissions will not be considered.

Frequently Asked Questions

What does the Old Mutual Chartered Accounting Bursary cover?

The bursary covers tuition fees, study materials, meals, accommodation, and return flights for students studying away from home.

What are the academic requirements for the bursary?

Applicants need a minimum of 70% in Mathematics and 60% for English Home Language or 70% for English First Additional Language.

Which universities are eligible for this bursary?

The bursary is valid for SAICA-accredited institutions in South Africa, including universities like UCT, Wits, Stellenbosch, and UP, among others.

What happens after I apply for the bursary?

After submitting your online application and motivation form, you may be invited to complete gamified and psychometric assessments, followed by an interview if shortlisted.