ABOUT THE COMPANY – SARB
The South African Reserve Bank (SARB) is South Africa’s central bank, whose main purpose is to maintain price stability for sustainable economic growth within the country. SARB was established in the year 1921 after the passing of the “Currency and Bank Act of 10 August 1920” in Parliament. Before the Bank was established, South African commercial banks issued banknotes to the public.
The SARB are responsible for the following: ensuring that the banking, money and financial system in South Africa achieves the community requirements and keeps up to date with international developments, as well as helping the government (and other economic community members) of South Africa with data for macroeconomic policy, and lastly to provide the South African community and international stakeholders with feedback regarding the countries monetary policy and economic standing.
ABOUT THE BURSARY PROGRAMME – FIELDS COVERED, COVERAGE VALUE & SERVICE CONTRACT
Bursaries will be awarded within Commerce related fields of study, particularly the following:
- Accounting
- Economics
- Business Science
- Actuarial Science
- Law
The bursary will cover study related expenses up to a maximum of R95 000 per annum.
Students will be able to take part in vacation work (based on availability within the company).
On completion of their qualification, students will be required to work at SARB within the Graduate Development Program, for the period of time equal to their bursary awarded.
ELIGIBILITY REQUIREMENTS
Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
- South African citizen
- Completed Matric OR currently in Matric
- Intend on studying full-time within one of the aforementioned fields of study
- Intend on studying at a recognised tertiary institute in South Africa
- Achieved a minimum overall average of 65% for your current year of study
- Accounting degree students: must have achieved a minimum of level 6 for Mathematics in Matric
- Proven financial need
HOW TO APPLY FOR THE BURSARY
You may apply in one of the following ways:
1) Online at: http://cw.gradx.net/
(You will need to register an account and then login to complete your application. The promo code to be used is: F2018)
2) By downloading and completing the South African Reserve Bank Bursary Application Form (.pdf)
You will be required to submit copies of the following supporting documentation – if you are applying online: these documents must be uploaded to your online profile, if you are applying with the application form: you must attach copies of the documents and not originals (the submission of these documents is compulsory – if any items are missing, your application be disregarded):
- ID document (certified copy)
- Photograph (passport size)
- Grade 11 final results (current Matric students)
- Matric certificate (if completed Matric)
If you are applying via the hard copy application form, your application must be submitted in one of the following ways:
1) Email: [email protected]
2) Fax: 086 609 7183
3) Post:
Career Wise (Pty) Ltd
PO Box 30632
Braamfontein
2017
CLOSING DATE
None – submission of applications are open all year round and students are welcome to apply at any time.
CONTACT THE BURSARY PROVIDER
For any queries related to this bursary programme, please contact Career Wise directly:
Tel: 086 100 8777 / 086 100 7787
Email: [email protected] / [email protected]