Old Mutual Bursary Program 2026: Excellent Funding for Accounting and Actuarial South African Students

This bursary is closed.
The closing date has passed. Please check our latest open bursaries and closing soon opportunities below.
Closing Date: 30 September 2025

Old Mutual bursary program  runs a strong bursary program to find and support top students in key finance areas. The main ones are for Accounting and Actuarial Science. These fields are important because South Africa needs more skilled accountants and actuaries to help with money management, risk, and planning in companies and the economy.

Old Mutual invests in youth because they want future leaders who can make a difference. The bursary is not just cash – it includes vacation work, mentoring from experts, and even guaranteed jobs after you finish. For actuarial students, you get full support and a clear path to work at Old Mutual. Accounting ones lead to the CA (Chartered Accountant) training program.

Many students from poor backgrounds get help this way. It covers big costs like university fees so you don’t worry about money. Old Mutual picks students who are smart, hardworking, and ready to commit. Past winners have become successful in banking, insurance, and more. This program helps close the skills gap in South Africa.

If you love numbers, problem-solving, and finance, this bursary can change your life. It fits with Old Mutual goal to grow talent in Africa. For other bursaries, see Open Bursaries or field-specific ones like Commerce Bursaries.

The program shows Old Mutual cares about education. They offer incentives for good marks and extra training. This makes it one of the best for finance students.

The Old Mutual Bursary Program is a popular choice for bright South African students who want to study Accounting or Actuarial Science. Old Mutual, a leading financial services company in Africa, offers this to help talented young people become professionals in finance. It gives money for studies and extra support like mentoring, so you can focus on learning and building a great career.https://www.oldmutual.co.za/careers/accounting-bursary

Table of Contents

  • Bursary Overview
  • Who the Bursary is For
  • Fields of Study Covered
  • What the Bursary Covers
  • Eligibility Requirements
  • Required Documents
  • Step-by-Step How to Apply
  • Closing Date
  • Selection Process
  • Frequently Asked Questions
  • Important Notes & Warnings
  • Related Searches Section

Quick Summary of the Old Mutual Bursary Program

Bursary Name Old Mutual Bursary Program
Company / Organization Old Mutual Limited
Fields Covered Accounting (towards Chartered Accountant), Actuarial Science
Who Can Apply South African citizens with exceptional matric results (high percentages in Math & English), passionate about finance careers
Closing Date 30 September 2025 (closed)
How to Apply Online via Old Mutual careers portal (now closed)

Who can apply for the Old Mutual Bursary Program

This bursary is for South African citizens who did very well in matric and want to study Accounting or Actuarial Science. It’s aimed at young people passionate about finance careers.

It’s perfect for matric leavers or recent ones who are self-driven and good at math. Old Mutual looks for students who can handle challenges and want to work in a big company. Preference goes to those with strong academics.

It’s for full-time undergrad studies at approved universities. Not for postgrad or other fields unless related.

For similar chances, check Closing Soon.

Fields of Study Covered by the Old Mutual Bursary Program

The Old Mutual Bursary Program focuses on two main areas:

  • Accounting: Degrees leading to Chartered Accountant (CA) qualification, with exposure to finance areas like reporting, management, risk, governance, and tax.
  • Actuarial Science: Full degrees in Actuarial Science to become a qualified actuary.

These are critical skills for South Africa’s economy. If you’re into commerce or math-heavy studies, explore Commerce Bursaries or Science Bursaries.

What the Old mutual bursary program 2026 Covers

The bursary covers most study costs, including:

  • Full tuition fees.
  • Accommodation in residence (with meals for actuarial).
  • Books and general allowance.
  • One return flight home per year (if studying away from home).
  • Extra incentives for excellent performance.
  • Vacation work and mentoring.
  • For actuarial: Academic/emotional support, networking, guaranteed job after graduation.

It’s full or near-full funding for the degree duration. No pay-back for some, but commitment to training program.

Eligibility Requirements the Old mutual bursary program

  • South African citizen.
  • Exceptional matric results: For Accounting – at least 70% (Level 6) in all subjects, including Math (not Literacy) and English. For Actuarial – A in Math, Bs in others (around 80%+ in key subjects).
  • Passion for Accounting or Actuarial careers.
  • Study at approved public universities (e.g., UCT, Stellenbosch, Wits, Pretoria, NWU, UKZN, etc.).
  • Commit to training and possible work at Old Mutual.

Not officially specified for disabilities or other groups, but fair process.

Required Documents the Old mutual bursary program

  • ID copy.
  • Matric results (or latest if already at universities).
  • High-level CV.
  • Academic records for key subjects.

More may be needed in application.

Step-by-Step How to Apply for the Old mutual bursary program

  1. Go to Old Mutual careers site (bursaries section).
  2. Complete online screening form with personal info, CV, academic results.
  3. Do psychometric/gamified assessments if shortlisted.
  4. Fill digital form on why you want the bursary and career interest.
  5. Attend live video interview (use STAR method for examples).
  6. Wait for feedback.

Simple and focuses on your experience.

When does the  Old mutual bursary program closes

30 September 2025. Closed now for 2026. Check site for future cycles.

Selection Process

Online screening, psychometric tests, digital form, video interview. Feedback given at each step. Shortlisted contacted by November.

Frequently Asked Questions

What fields are covered?

Mainly Accounting and Actuarial Science.

Do I have to work for Old Mutual after?

For some, yes – commitment to training program.

What marks do I need?

70%+ overall, high in Math/English; higher for actuarial.

Can I apply if not matric yet?

Yes, based on Grade 12 mid-year.

Is it full funding?

Yes, covers most costs plus extras.

What universities?

Specific ones like UCT, Stellenbosch, Wits, etc.

Any work experience?

Vacation work from second year.

Contact?

Via Old Mutual careers site.

Important Notes & Warnings

  • Applications closed; no late ones.
  • Only SA citizens.
  • High competition – strong marks needed.
  • Commit to program or risk funding.
  • Check official site for updates.
  • No fake details.
  • Other Old Mutual programs like Imfundo Trust (via Study Trust) or OMET exist but different.

Related Searches Section

Engineering bursaries in South Africa Bursaries open now 2026 Government bursaries for students NSFAS alternatives Accounting bursaries SA Actuarial science funding 2026 Commerce bursaries Africa Finance scholarships SA Merit bursaries 2026 University funding options Old Mutual alternatives Chartered accountant program Math scholarships South Africa Financial careers bursaries STEM funding SAhttps://bursariesopennow.co.za/bursaries-closing-soon/

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