ABSA Bursaries 2022-2023 | How to apply under the program

ABSA Bursaries: Absa is one of the biggest financial groups in Africa. The Absa Group is functional in 15 African countries which include Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, Zambia, and Botswana.

The purpose of this group is to bring the best out of the lives of Africans and their stakeholders. ABSA believes that access to financial services can go a long way in the transformation of human lives for the better of our continent and the world at large.

This pan-African group aims at developing bespoke solutions to distinctively local difficulties. All these are geared towards delivering value to their subordinates.

For that purpose, they provide a broad range of services. These services incorporate retail, business, corporate, investment, investment management, and insurance solutions.

As a result, they devise new ways to supply innovative technologies, ideas, and services that will help enhance lives. Absa bursary is one of these life-changing programs which the Absa group functions with.

Over the last five years, Absa has been able to sponsor hundreds of candidates through its bursary program.

Absa bursary is a program created to help talented candidates who dream of working in the finance field. The bursary program is designed to provide the support which is important in the development of such people.

Their goal is to fill crucial positions in the financial sector with knowledgeable and appropriately prepared applicants who are willing to study full-time in order to do so. Therefore, if you aspire to work in the field of finance, then you should apply for these Absa bursaries.

Qualifications for ABSA Bursaries

Absa group works for the benefit of its members and stakeholders. This implies certain qualifications which involve being a member of Absa are necessary for you to be able to participate in the Absa bursaries.

Firstly, only citizens of the countries partnering with Absa can participate in the Absa bursaries. As a result, only citizens of the following country are qualified:

  • South Africa
  • Ghana
  • Mozambique
  • Uganda
  • Zambia
  • Seychelles
  • Botswana
  • Mauritius
  • Tanzania; and
  • Kenya.

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Secondly, Absa bursaries are meant for candidates who will or are already venturing into the finance sector. Only candidates who are studying towards their undergraduate degree in selected courses can apply for Absa bursaries.

These courses include:

  • Computer science
  • Agricultural science
  • Industrial engineering
  • Mathematics
  • Information technology
  • Risk/investment management
  • Statistics
  • Actuarial science; and
  • Accounting.

Thirdly, all those interested in Absa must be studying any of the above-mentioned courses in stipulated universities. Only candidates who are studying in preselected universities in South Africa are qualified to apply.

These stipulated universities are:

  • University of Johannesburg;
  • The University of Pretoria;
  • University of Witwatersrand;
  • Kwazulu Natal university;
  • University of Stellenbosch; and
  • The University of Cape Town.

Furthermore, aspirants must be socially and ethically conscious. Age is also considered. Sequel to that, only people within the age range of 18 to 25 are qualified.

ABSA Bursary Application

We applying for Absa bursaries, it is important to note that this is not a scholarship. Absa Bursaries are different from scholarships. The application for Absa bursaries is online.

To apply for Absa bursaries, follow the steps below:

  1. Visit the ABSA official website. You can also click HERE to visit the website;
  2. Request for an application form;
  3. Fill out the application;
  4. Provide all the requirements for applying for any of the bursaries;
  5. Upload soft copies of your documents. These documents include your ID documents, matric certificate, and your CV;
  6. Submit your application

Benefits of ABSA Bursary

As stated earlier, Absa bursaries are not the same as scholarships. Scholarships cover tuition and sometimes accommodation fees alone. Whereas Absa bursaries go ahead to provide other necessary support.

Candidates who qualify to benefit from this bursary will enjoy the following:

  • One free laptop;
  • Coverage for all registration, tuition, and accommodation fees in any of the stipulated universities in South Africa;
  • The bursary will provide accommodation all through your study program at the university;
  • Feeding and transport allowances;
  • Skill training;
  • Periodic vacations;
  • Access to ABSA buddy system where participants learn, study, and support each other; and
  • Free counseling services.

Also, note that candidates under the Absa bursary program are reevaluated annually. This is to ensure that benefactors maintain the same skill and talent they had in the beginning. The bursary will continue to support candidates who do well in this exercise.

ABSA Bursary Application Deadline

The application for the Absa bursary will end on the 30th of June 2022. Meanwhile, it is important to register on time as only about 50 to 80 candidates will be selected.

In conclusion, visit us at forrecruitment.com.ng for more updates. You can ask any question about this bursary in the comment section. Also, share this article with your friends so that they can also participate in this.