Old Mutual South Africa Bursary 2027 Applications Open

Old Mutual South Africa Bursary 2027 Applications Open

 

South African learners with exceptional academic results now have an opportunity to secure their future through the Old Mutual Bursary Programme 2027. The bursary programme offers fully funded support to students pursuing careers in Chartered Accounting and Actuarial Science, two of the highest-paying professions in South Africa.

If you dream of becoming a Chartered Accountant (CA) or Actuary but worry about university costs, this bursary could be your pathway to success.

 

Why the Old Mutual Bursary Programme Matters

Old Mutual is one of Africa’s leading financial services companies, operating across multiple countries and helping millions of people achieve their financial goals. Through its bursary programmes, the company invests in the next generation of financial professionals by removing financial barriers to higher education.

Successful candidates not only receive financial assistance but also gain access to mentorship, vacation work, networking opportunities, and guaranteed employment opportunities after graduation.

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Old Mutual Accounting Bursary 2027

What Is the Accounting Bursary:

• The Old Mutual Accounting Bursary is designed for talented students who want to qualify as Chartered Accountants through the SAICA pathway and eventually join the Old Mutual Chartered Accounting Training Programme (OMCAT).

The bursary covers most study-related expenses, including:

• Tuition fees
• Residence accommodation fees
• Study materials and books
• General allowances
• One annual return trip home for students studying away from home
• Support throughout the duration of the degree
• Vacation work opportunities
• Performance-based incentives

SAICA-Accredited Universities Supported

• University of Cape Town
• University of Pretoria
• University of Johannesburg
• University of KwaZulu-Natal
• University of the Witwatersrand
• Stellenbosch University
• University of South Africa (UNISA)
• Nelson Mandela University
• Rhodes University
• North-West University
• University of Fort Hare
• University of the Free State
• University of the Western Cape
• Milpark Business School

Accounting Bursary Requirements

• Be South African citizens.
• Achieve at least:
  • 70% in Mathematics (not Mathematical Literacy).
  • 60% in English Home Language or 70% in English First Additional Language.
• Have acceptance from a SAICA-accredited university.
• Commit to completing the Old Mutual Chartered Accounting Training Programme after graduation.

Old Mutual Actuarial Science Bursary 2027

What Is an Actuarial Science Bursary?

Actuarial Science is one of the most prestigious and financially rewarding careers globally. Actuaries analyse financial risks using mathematics, statistics, and data analysis to help organisations make informed decisions.

Old Mutual’s Actuarial Bursary offers comprehensive support from university through to professional qualification.

What the Actuarial Bursary Covers

• Full tuition fees
• Accommodation and meals
• Book allowances
• General allowances
• Travel allowances where applicable
• Academic and emotional support
• Vacation work opportunities
• Networking opportunities
• Incentives for excellent academic performance
• Guaranteed employment after graduation

Universities Eligible for the Actuarial Bursary

• University of Cape Town
• University of Pretoria
• University of Johannesburg
• University of the Witwatersrand
• Stellenbosch University
• University of the Free State
• University of KwaZulu-Natal
• North-West University

Actuarial Bursary Requirements

• Be South African citizens.
• Obtain:
  • At least 80% in Mathematics.
  • 60% in English Home Language or 70% in English First Additional Language.
  • At least 70% in all other subjects.
• Demonstrate commitment to qualifying as an actuary.
• Be willing to work for Old Mutual after graduation.

 

Prepare the following documents before applying:

• Certified copy of your South African ID.
• One-page Curriculum Vitae (CV).
• Completed bursary motivation form.
• Grade 10 to Grade 12 academic results.
• Matric certificate (if applicable).
• University acceptance or conditional acceptance letter.
• Full academic transcript (for current university students).
• Parental or guardian consent if under the age of 18.

 

How to Apply for the Old Mutual Bursary 2027

Applications must be submitted online before the closing date.

After submitting your application, shortlisted candidates may be required to complete:

• A gamified assessment.
• Psychometric assessments.
• Virtual interviews or selection days.

 

The Old Mutual Bursary Programme is more than financial assistance. It provides a complete support system designed to develop future leaders in the financial services sector.

Benefits include:

• Fully funded university studies.
• Practical workplace exposure.
• Professional mentorship.
• Career development opportunities.
• Networking with industry experts.
• Guaranteed employment opportunities after graduation.

For ambitious South African learners passionate about numbers, finance, and creating a meaningful impact, this could be the opportunity that changes your life.

 

How to apply:

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Final offers are subject to final matric results and university acceptance.

Closing Date: 30 June 2026 at 23:59

Late or incomplete applications will not be considered.