Old Mutual invites exceptional South African learners pursuing or interested in pursuing studies and a career in Chartered Accounting to apply for its Chartered Accounting Bursary Programme 2026. The programme offers financial support and career development opportunities to students who are committed to building a successful future in the accounting profession.
The bursary programme is designed to support talented learners and university students throughout their academic journey while preparing them for a meaningful career within one of Africa’s leading financial services groups. Successful candidates will receive comprehensive financial assistance, access to personal development opportunities, vacation work experience, networking opportunities, and guaranteed employment upon completion of their studies and professional qualification requirements.
About Old Mutual
Old Mutual is one of Africa’s most established financial services companies, operating across several countries on the continent. The company provides a wide range of financial solutions to both individual and corporate clients and remains committed to investing in the growth and development of future professionals.
Through the Chartered Accounting Bursary Programme, talented South African students are given the opportunity to focus on their studies without the financial burden that often accompanies higher education. The programme aims to develop future Chartered Accountants who will contribute to the financial services industry and the broader economy.
What the Bursary Covers
The Old Mutual Chartered Accounting Bursary provides extensive financial support to successful applicants. The bursary covers essential educational expenses for the full duration of the approved degree programme.
Benefits include:
- Full tuition fees
- Study materials and prescribed textbooks
- Accommodation in university residence
- Meals
- Return travel costs to visit home when studying away from hometown
- Financial support for the entire duration of studies
- Additional incentives for students who achieve excellent academic results
- Personal and professional development opportunities
- Vacation work experience
- Networking opportunities with industry professionals
- Guaranteed employment opportunities after graduation and qualification requirements are met
This support structure allows students to focus on achieving academic excellence while gaining exposure to the professional environment.
Eligibility Requirements
Applicants must meet specific requirements before submitting an application.
To qualify for consideration, candidates must:
- Be a South African citizen
- Achieve at least 70% in Mathematics
- Obtain at least 60% in English Home Language or 70% in English First Additional Language
- Receive acceptance or conditional acceptance from a SAICA-accredited institution
- Demonstrate commitment to joining the Old Mutual Chartered Accounting Training Programme (OMCAT)
Approved SAICA-Accredited Institutions
Applicants must be accepted or conditionally accepted at one of the following institutions:
- Nelson Mandela University
- North-West University
- Rhodes University
- Stellenbosch University
- University of Cape Town
- University of Fort Hare
- University of Johannesburg
- University of KwaZulu-Natal
- University of Pretoria
- University of South Africa (UNISA)
- University of the Free State
- University of the Western Cape
- University of the Witwatersrand
- Milpark Business School
Students enrolled at any of the above institutions and pursuing a qualifying Accounting Science programme are encouraged to apply.
Why Choose Chartered Accounting?
Chartered Accounting remains one of South Africa’s most respected and sought-after professions. Chartered Accountants play a critical role in business, finance, governance, auditing, taxation, risk management, and strategic decision-making.
The profession offers excellent career prospects across various industries, including:
- Financial services
- Banking
- Auditing
- Consulting
- Investment management
- Government institutions
- Corporate finance
- Entrepreneurship
The Old Mutual Chartered Accounting Bursary Programme provides a pathway into this profession by supporting students from university through to professional qualification and employment.
Application Process
Applications for the bursary programme must be completed online.
The application process consists of several stages designed to identify talented and motivated candidates.
Step 1: Complete the Bursary Motivation Form
Applicants are required to download and complete the official bursary motivation form before beginning the online application process.
Step 2: Submit the Online Application
After completing the motivation form, candidates must complete the online application form and participate in a gamified assessment. The assessment is not timed, allowing applicants to complete it comfortably.
A one-page curriculum vitae (CV) must also be uploaded during the application process.
Step 3: Psychometric Assessments
Shortlisted applicants will receive an invitation to complete psychometric assessments. These assessments assist in evaluating various competencies and potential for success within the programme.
Step 4: Selection Day and Interviews
Candidates who successfully progress through the assessment phase will be invited to attend a selection day. Interviews and additional evaluations will be conducted during this stage.
Step 5: Provisional Offer
Successful interview candidates may receive a provisional offer. Final confirmation will depend on the submission of final matric results and proof of acceptance into an approved Accounting Science programme.
Required Supporting Documents
Applicants must ensure that all required documents are included with their application.
The following documents are mandatory:
- One-page CV
- Completed Bursary Motivation Form
- Grade 10 school report
- Grade 11 school report
- Grade 12 results or latest academic results
- Matric certificate (if applicable)
- University acceptance or conditional acceptance letter (if applicable)
- Full academic transcript for current university students
- Certified copy of South African ID document
Incomplete applications may not be considered, making it important to submit all supporting documentation before the closing date.
Skills and Competencies Sought
The programme seeks academically strong individuals who possess qualities necessary for success in the accounting profession.
Important skills include:
- Analytical thinking
- Problem-solving ability
- Data analysis
- Assessment and evaluation skills
- Action planning
- Effective communication
- Solution development
Preferred competencies include:
- Collaboration
- Accountability
- Customer focus
- Organisational awareness
- Effective planning
- Managing complexity
- Process optimisation
- Strong communication skills
These competencies help prepare students for future leadership and professional responsibilities within the accounting field.
Preference and Selection Considerations
Preference may be given to applicants from under-represented designated groups, including persons living with disabilities.
Consideration may also be given to candidates from previously disadvantaged backgrounds or those who can demonstrate financial need.
Applicants under the age of 18 must obtain parental or guardian consent before participating in the programme.
Meeting the minimum requirements does not guarantee selection, as the programme is highly competitive and attracts talented candidates from across South Africa.
Important Dates
Applications for the Old Mutual Chartered Accounting Bursary Programme close on:
Closing Date: 30 June 2026 at 23:59
Candidates who do not receive feedback by 15 July 2026 should consider their applications unsuccessful.
Early application is encouraged to avoid last-minute technical challenges and to ensure sufficient time to prepare all supporting documentation.
How to Apply
Eligible candidates can submit applications through the Old Mutual Accounting Bursary application platform.
Before applying, ensure that all required documents have been prepared, the bursary motivation form has been completed, and the one-page CV is updated with accurate information.
The Old Mutual Chartered Accounting Bursary Programme presents an excellent opportunity for aspiring Chartered Accountants to receive comprehensive financial support, professional development opportunities, and a direct pathway into a rewarding career within the financial services industry. Students who meet the requirements and are committed to achieving academic excellence are encouraged to submit their applications before the closing date.