Old Mutual Limited
Old Mutual Accounting Bursary
Closes
30 June 2026
Value
Full tuition, accommodation, meals, books, travel
Level
Undergraduate
For
SA Citizens
Sector
Financial Services
Work-back
OMCAT Programme employment post-degree
About this bursary
The Old Mutual Accounting Bursary supports South African students pursuing a Chartered Accounting degree at accredited local universities. The scheme pays for full tuition, prescribed books, housing, food allowances, and travel home where applicable.
The funding aims to assist high-performing matriculants and undergraduate students who want to build a career as Chartered Accountants. Old Mutual also provides structured vacation work during university breaks to give students practical exposure to financial management and reporting.
Recipients gain guaranteed entry into the Old Mutual Chartered Accounting Training (OMCAT) Programme upon finishing their degrees. Preference goes to candidates from designated background groups, financial need, or those living with disabilities.
Obligation
Recipients must enter the Old Mutual Chartered Accounting Training (OMCAT) Programme and work for the company upon graduating.
Courses of study covered
What the bursary covers
Who can apply
You qualify if
- Applicants must be South African citizens with a valid identity document.
- You need to be currently in matric or have finished matric without holding any prior tertiary qualifications.
- You must study or plan to study towards an undergraduate Accounting Science degree in the Chartered Accounting stream.
- Your chosen institution must be one of the specified SAICA-accredited universities or Milpark Business School.
- Matric results require a minimum mark of 70% in pure Mathematics, 60% in English Home Language or 70% in English First Additional Language, and 70% across all other subjects.
- Candidates must commit to joining the OMCAT training scheme after completing their degree.
You do not qualify if
- Students holding any existing post-matric or tertiary qualification cannot apply.
- Applicants who take Mathematical Literacy in matric do not qualify.
- Non-South African citizens are ineligible for this bursary.
Documents you need to submit
- Certified copy of South African ID
- Grade 11 final results and latest Grade 12 results if currently in matric
- Matric certificate if already completed
- Proof of university application or acceptance
- Official academic transcript if currently studying at university
- NBT results statement if available
- Completed Old Mutual Bursary motivation form
- One-page Curriculum Vitae
Submit clear copies of all required documents with your online submission.
How to apply
- 1Visit the official Old Mutual job portal using the application link.
- 2Create an account on the career platform before starting the online form.
- 3Complete the application details and indicate how you heard about the bursary.
- 4Upload clear copies of your ID, academic records, motivation form, and CV.
- 5Submit your finished application on the portal before the closing date.
Applications submitted after 30 June 2026 will not be accepted.
How you are selected
Forms, downloads and links
Old Mutual bursary application portal
oldmutual.wd3.myworkdayjobs.com/en-US/Old_Mutual_Careers/job/Johannesburg/Chartered-Accounting-Bursary-Programme_JR-78372-1Bursary motivation form (PDF)
oldmutual.co.za/v3/assets/blt0554f48052bb4620/bltd3759d03e317c5ce/642bca6c0b84494288f6996c/Old_Mutual_Bursary_motivation_form.pdf