|BANKSETA employs a multipronged approach on Work Integrated Learning and providing funding for bursaries. It currently engages with public institutions of learning to build capacity, thereby promoting access and reach. Each of the strategic relationships built with the public TVET colleges, Universities and Universities of Technology is designed in such a manner to either:-
WIL GRANT FUNDING
BANKSETA approves TVET colleges on an annual basis for Work Integrated Learning (WIL) grant funding, the aim of which is to assist the colleges to make links with employers in order for the learners to obtain the requisite workplace experience to make them more employable. BANKSETA manages the relationships between colleges and the sector employers by inviting the sector employers to various regional networking sessions, where employers are taken through the aims and objectives of the intervention, processes on how to become involved as well as meet the respective college contacts.
The college contacts are provided for those employers who wish to make contact now:
|INSTITUTION||PROVINCE||SKILL FOCUS AREA||NO OF LEARNERS||CONTACT PERSON||TELEPHONE NUMBER||E-MAIL ADDRESS|
|NORTHLINK COLLEGE||WESTERN CAPE (BELLVILLE)||FINANCIAL MANAGEMENT AND MARKETING MANAGEMENT||40||Yasin Johnson||021 970 firstname.lastname@example.org|
|MALUTI FET COLLEGE||FREE STATE (PHUTHADITJABA)||FINANCIAL MANAGEMENT, BUSINESS MANAGEMENT, FINANCE ECONOMICS & ACCOUNTING||40||Reitumetse Lesiamo Hlakoane||058 email@example.com|
|KING HINTSA FET COLLEGE||EASTERN CAPE (BUTTERWORTH)||FINANCE, IT, MARKETING AND MANAGEMENT||40||Sibongile Simani||047 401 firstname.lastname@example.org|
|UMFOLOZI FET COLLEGE||KZN (RICHARDS BAY)||FINANCE & ECONOMICS, IT, FINANCIAL MANAGEMENT||40||Michélle Steyn||035 902 9581||SteynM.email@example.com|
|GERT SIBANDE FET COLLEGE||MPUMALANGA (STANDERTON)||FINANCIAL MANAGEMENT AND BUSINESS MANAGEMENT||40||Sihle Nzuza||017 712 firstname.lastname@example.org|
|FLAVIUS MAREKE FET COLLETE||FREE STATE (SASOLBURG)||BUSINESS MANAGEMENT , IT AND MARKETING||11||Sello Makume||016 976 email@example.com|
|COLLEGE OF CAPE TOWN||WESTERN CAPE (SALT RIVER)||FINANCE, MARKETING, IT, ECONOMICS, ACCOUNTING, MANAGEMENT||30||Marthinus Olivier||021 404 firstname.lastname@example.org|
|GOLDFIELDS FET COLLEGE||FREE STATE (WELKOM)||BUSINESS MANAGEMENT||40||Tshepo Gerald Radebe||057 910 email@example.com|
|ORBIT FET COLLEGE||NORTH WEST (RUSTERNBURG)||FINANCE, IT, BUSINESS STUDIES AND HR||40||Peter Matlou||014 592 firstname.lastname@example.org|
|NORTHERN CAPE URBAN FET COLLEGE||NORTHERN CAPE (KIMBERLY)||FINANCIAL MANAGEMENT, MARKETING MANAGEMENT, MANAGEMENT ASSISTANT||40||Chris Mpisi||053 839 email@example.com|
|MAJUBA FET COLLEGE||KZN (NEWCASTLE)||FINANCIAL MANAGEMENT||40||Deepak Mohan||034 326 firstname.lastname@example.org|
|MOTHEO FET COLLEGE||FREE STATE (BLOEMFONTEIN)||NC TECHNOLOGY: VOCATIONAL L4||40||Nthabiseng Selimeni||051 406 email@example.com|
|FALSE BAY COLLEGE||WESTERN CAPE (MUIZENBERG)||FINANCIAL MANAGEMENT||40||Jacquiline Laymana||021 003 0600||Jacqueline.firstname.lastname@example.org|
Work Integrated Learning (WIL) grant funding has also been extended to the following Universities of Technology in an attempt to allow graduates to develop the soft skills so essential to corporate teamwork and productivity. This project follows the same engagement principle as with the TVET college funding, in that BANKSETA will alert employers as to when the networking sessions will take place.
Contacts are provided below, for those employers who wish to participate now:-
|INSTITUTION||PROVINCE||SKILL FOCUS AREA||NO OF LEARNERS||CONTACT PERSON||TEL NUMBER||E-MAIL ADDRESS|
|MANGOSUTHU UNIVERSITY OF TECH||KZN||INFORMATION TECHNOLOGY||50||Zama Hlubi||031 907 email@example.com
|CAPE PENINSULA UNIVERSITY OF TECH||WC||10 OF EACH – MARKETING, INTERNAL AUDITING, ACCOUNDING, MANAGEMENT & IT||50||Fundiswa Nofemela||021 959 6226||NOFEMELAF@cput.ac.za
|VAAL UNIVERSITY OF TECH||GP||COST MANAGEMENT ACCOUNTING, FINANCIAL INFO SYSTEMS, INTERNAL AUDITING, MARKETING & IT||50||Annie Moletsane||016 950 firstname.lastname@example.org|
BANKSETA covers the funding of bursaries through partnership agreements with Universities. The support is holistic (covering tuition, textbooks and accommodation, on or off-campus, depending on what has been arranged by the University).
Each institution will use its pre-determined entry criteria to identify learners to nominate for Merit Bursaries. BANKSETA Merit Bursaries are renewable annually and are dependent on the students’ academic progress.
The focus areas sponsored by BANKSETA are as follows:-
Actuarial Science (Accounting)
Bachelor of Science (IT)
Bachelor of Commerce (IT),
Bachelor of Commerce (Finance, Economics, Financial Markets or Financial Modelling streams); and
Bachelor of Commerce (Accounting).
These focus areas are aligned to the scarce and critical skills in the sector and the funding of bursaries will seek to address the shortage thereof.