Highlights
- Comprehensive Financial and Developmental Support: The bursary offers full financial coverage for tuition, materials, accommodation, meals, and flights, alongside personal development opportunities, vacation work, and networking.
- Guaranteed Employment Post-Graduation: Beneficiaries are guaranteed employment within the Old Mutual Chartered Accounting Training (OMCAT) Programme after completing their studies, providing a clear career path.
- Focus on Diversity and Academic Excellence: Applicants must be South African citizens with strong academic results in Mathematics and English, with preference given to candidates from under-represented groups, including those with disabilities.
Unlock Your Potential: Old Mutual Bursary Propels Aspiring Chartered Accountants to Success in 2026
Johannesburg, South Africa – Old Mutual, a leading financial services group, has announced the opening of applications for its prestigious Bursary (Chartered Accounting) programme for the 2026 academic year. This comprehensive bursary aims to identify and nurture exceptional young South African talent, offering a unique opportunity for aspiring Chartered Accountants to achieve their academic and professional dreams without the burden of financial constraints. The initiative underscores Old Mutual’s commitment to developing the next generation of financial leaders and contributing to the economic growth of the nation.
A Gateway to a Rewarding Career
The Old Mutual Bursary is more than just financial aid; it’s a holistic development program designed to equip students with the necessary tools and experiences for a successful career in Chartered Accounting. Successful applicants will receive extensive financial support that covers a wide array of expenses. This includes full tuition fees, ensuring that the cost of education is entirely removed as a barrier. Beyond tuition, the bursary also covers essential study materials, providing students with all the resources they need for academic excellence. Recognising the importance of a supportive living environment, the bursary extends to cover accommodation costs and daily meals, creating a conducive atmosphere for learning and personal growth. For students who may need to relocate for their studies, the bursary also includes provisions for return flights home, ensuring they maintain connections with their families and communities.
Moreover, the programme extends beyond financial provisions, offering invaluable personal development opportunities. These initiatives are designed to hone leadership skills, foster critical thinking, and build confidence, preparing students not just for their exams but for the complexities of the professional world. A significant highlight of the bursary is the inclusion of vacation work, providing practical, real-world experience within Old Mutual’s dynamic environment. This hands-on exposure allows students to apply theoretical knowledge, understand industry practices, and build a professional network even before graduation. Crucially, the bursary guarantees employment post-graduation within the Old Mutual Chartered Accounting Training (OMCAT) Programme, offering a seamless transition from academic life to a rewarding professional career. This integrated approach ensures that beneficiaries are not only academically proficient but also industry-ready and fully integrated into a leading financial institution.
Eligibility and Application Process
Old Mutual is actively seeking driven and academically strong candidates who meet specific criteria. To be eligible for this transformative opportunity, applicants must be South African citizens. Academic requirements are stringent yet attainable for dedicated students: a minimum of 70% in Mathematics is required, along with either 60% for English Home Language or 70% for English First Additional Language. Furthermore, prospective bursary recipients must have already secured acceptance from a SAICA (South African Institute of Chartered Accountants) accredited tertiary institution, signifying their commitment to a rigorous academic path in Chartered Accounting.
The application process is meticulously designed to identify the most promising candidates. It commences with an online application, followed by the submission of a comprehensive bursary motivation form, where applicants can articulate their passion for the field and their future aspirations. A concise, one-page CV is also required, summarising their academic achievements and any relevant experiences. Shortlisted candidates will then proceed to undergo psychometric assessments, which help gauge their aptitude and suitability for the demanding nature of the accounting profession. Finalists will be invited to a selection day, an engaging event that includes rigorous interviews, allowing Old Mutual to assess their personality, communication skills, and overall potential. It is important to note that parental or guardian consent is a mandatory requirement for all applicants under the age of 18, ensuring legal compliance and family support for the student’s journey.
Old Mutual is deeply committed to fostering diversity and inclusion within the financial sector. As such, preference will be given to candidates from under-represented designated groups, including individuals with disabilities and those from previously disadvantaged backgrounds. This affirmative approach aims to address historical inequalities and ensure that talented individuals from all walks of life have an equal opportunity to thrive.
Key Dates and Future Prospects
Aspiring Chartered Accountants are encouraged to act promptly, as applications for the Old Mutual Bursary (Chartered Accounting) 2026 will close on September 30, 2025. This deadline allows sufficient time for thorough application review and selection processes. This bursary represents a significant investment in South Africa’s future, empowering young individuals to not only achieve personal success but also to contribute meaningfully to the country’s economic landscape. By supporting these bright minds, Old Mutual is reinforcing its dedication to nurturing talent and building a more robust and equitable financial industry.
For more details and to submit your application, please visit the official Old Mutual Careers page: Old Mutual Bursary – Chartered Accounting – 2026.
