Investec Bursary South Africa 2025
Investec Bursary South Africa
About Investec
Investec is a prominent financial services company with a rich history in South Africa and around the globe. Founded in 1974, Investec has grown into a renowned specialist banking and asset management group, offering a wide range of financial products and services. These include investment banking, corporate finance, private banking, and asset management services. Investec is known for its commitment to innovation, integrity, and client-centric solutions, catering to both private and institutional clients.
Beyond its business operations, Investec is deeply committed to corporate social responsibility, particularly in the area of education. The Investec Bursary Program is a testament to this commitment, aiming to nurture young South African talent by providing financial assistance to deserving students who demonstrate academic excellence, leadership potential, and a passion for making a difference in their communities.
Purpose of the Investec Bursary
The Investec Bursary is designed to support South African students who are pursuing undergraduate degrees in fields that align with the company’s business needs. The bursary aims to alleviate the financial burden of higher education, enabling students to focus on their studies and achieve their academic and professional goals. By investing in the education of future leaders, Investec seeks to contribute to the development of skilled professionals who can drive innovation and growth in the financial services sector and beyond.
Fields of Study Covered
The Investec Bursary is available to students pursuing undergraduate degrees in the following fields:
- Commerce
- Business Science
- Accounting
- Economics
- Finance
- Investment Management
- Mathematics
- Engineering
- Computer Science
- Information Systems
These fields are critical to the operations of Investec and are essential for the future growth and success of the financial services industry. The bursary program is designed to support students who have a strong academic record and a passion for pursuing careers in these areas.
Eligibility Criteria
To qualify for the Investec Bursary, applicants must meet the following eligibility criteria:
- South African Citizenship: Applicants must be South African citizens with a valid South African ID.
- Academic Excellence: Applicants must have a strong academic record. For students currently in Grade 12, a minimum of 70% in Mathematics (not Mathematical Literacy) and 70% in English is required. Current university students must have achieved a minimum average of 70% in their previous year of study.
- Financial Need: While academic merit is a primary consideration, applicants must also demonstrate financial need. This may include providing evidence of household income, family financial obligations, and other relevant factors.
- Full-Time Enrollment: Applicants must be enrolled or accepted to study full-time at a recognized South African university, pursuing a degree in one of the fields listed above.
Benefits of the Investec Bursary
The Investec Bursary provides comprehensive financial support to cover a range of expenses associated with undergraduate studies. The benefits of the bursary include:
- Tuition Fees: The bursary covers the full cost of tuition for the duration of the undergraduate program, provided the student maintains the required academic standards.
- Accommodation: The bursary includes coverage for accommodation costs, whether the student resides in university residences or private accommodation.
- Textbooks and Study Materials: The bursary provides an allowance for textbooks, study materials, and other academic resources needed for the program.
- Living Expenses: The bursary includes a stipend to cover living expenses, such as meals, transportation, and personal necessities.
In addition to financial support, Investec bursary recipients may have the opportunity to participate in mentorship programs, internships, and professional development workshops offered by the company. These experiences provide valuable insights into the financial services industry and help students build the skills and networks necessary for a successful career.
Application Process
To apply for the Investec Bursary, applicants must follow these steps:
- Complete the Online Application Form: Applicants must complete the Investec bursary application form, which is available on the Investec website. The form requires personal information, academic history, and details about the applicant’s financial situation.
- Prepare Supporting Documents: Applicants must gather and submit the following supporting documents:
- A certified copy of their South African ID.
- A full academic transcript or latest report card, showing the applicant’s academic performance.
- Proof of enrollment or acceptance into a recognized South African university.
- A motivation letter outlining the applicant’s academic and career goals, reasons for choosing their field of study, and reasons for applying for the Investec bursary.
- A detailed CV highlighting the applicant’s achievements, extracurricular activities, and any relevant work experience.
- Proof of household income, such as payslips or a letter of employment for parents or guardians.
- Submit Your Application: Once the application form is completed and all supporting documents are prepared, applicants must submit their application online through the Investec bursary portal. It is important to ensure that all required documents are included and that the application is submitted before the closing date.
Important Dates
- Application Deadline: The closing date for the Investec Bursary application is 30 September 2024. Late applications will not be considered, so it is important to submit your application well in advance of the deadline.
- Notification of Results: Successful applicants will be notified of the outcome of their application in due course. If you do not receive a response within a few months of the closing date, please assume that your application has not been successful.
Obligations of Bursary Recipients
Bursary recipients are required to meet the following obligations:
- Maintain Academic Performance: Recipients must maintain a minimum academic average as specified by Investec. Failure to do so may result in the termination of the bursary.
- Internship Participation: Recipients are required to participate in internships or vacation work at Investec during university holidays. This is a critical component of the bursary program, as it provides practical experience and exposure to the financial services industry.
- Work Back Period: Upon graduation, bursary recipients may be required to work for Investec for a specified period, depending on the terms of the bursary agreement. This work-back period ensures that recipients contribute to the company that supported their education.
Contact Information
For any queries or additional information regarding the Investec Bursary, applicants can contact the Investec Bursary Office directly:
- Website: Investec South Africa
- Email: bursaries@investec.co.za
- Phone: +27 (0)11 286 7000
For more information about other bursaries and scholarships available in South Africa, visit https://southafricanfinders.com.
