BANKSETA Bursaries

By | October 22, 2019

BANKSETA Bursaries

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:-

  1. Improve how the institution responds to the needs of the broader banking and inclusive banking sector, through lecturer support; or
  2. Develop scarce and critical skills for occupations that are in short supply by the sector, through bursary support; and
  3. Bring demand (industry/ employers) for skills closer to supply (current workers / new entrants into the economy) of skills by address better use of work-based skills development.

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 9121 yjohnson@northlink.co.za
MALUTI FET COLLEGE FREE STATE (PHUTHADITJABA) FINANCIAL MANAGEMENT, BUSINESS MANAGEMENT, FINANCE ECONOMICS & ACCOUNTING 40 Reitumetse Lesiamo Hlakoane 058 7136100 culcium@gmail.com
KING HINTSA FET COLLEGE EASTERN CAPE (BUTTERWORTH) FINANCE, IT, MARKETING AND MANAGEMENT 40 Sibongile Simani 047 401 6400 ssimani@kinghintsacollege.edu.za
UMFOLOZI FET COLLEGE KZN (RICHARDS BAY) FINANCE & ECONOMICS, IT, FINANCIAL MANAGEMENT 40 Michélle Steyn 035 902 9581 SteynM.umfric@feta.gov.za
GERT SIBANDE FET COLLEGE MPUMALANGA (STANDERTON) FINANCIAL MANAGEMENT AND BUSINESS MANAGEMENT 40 Sihle Nzuza 017 712 9040 sihlen@gscollege.co.za
FLAVIUS MAREKE FET COLLETE FREE STATE (SASOLBURG) BUSINESS MANAGEMENT , IT AND MARKETING 11 Sello Makume 016 976 0829 sellom@fmfet.net
COLLEGE OF CAPE TOWN WESTERN CAPE (SALT RIVER) FINANCE, MARKETING, IT, ECONOMICS, ACCOUNTING, MANAGEMENT 30 Marthinus Olivier 021 404 6724 molivier@cct.edu.za
GOLDFIELDS FET COLLEGE FREE STATE (WELKOM) BUSINESS MANAGEMENT 40 Tshepo Gerald Radebe 057 910 1600 tshepo@gfc.edu.za
ORBIT FET COLLEGE NORTH WEST (RUSTERNBURG) FINANCE, IT, BUSINESS STUDIES AND HR 40 Peter Matlou 014 592 5600 pmatlou@orbitcollege.co.za
NORTHERN CAPE URBAN FET COLLEGE NORTHERN CAPE (KIMBERLY) FINANCIAL MANAGEMENT, MARKETING MANAGEMENT, MANAGEMENT ASSISTANT 40 Chris Mpisi 053 839 2097 cmpisi@ncufetcollege.edu.za
MAJUBA FET COLLEGE KZN (NEWCASTLE) FINANCIAL MANAGEMENT 40 Deepak Mohan 034 326 4886 dmc200845@yahoo.co.za
MOTHEO FET COLLEGE FREE STATE (BLOEMFONTEIN) NC TECHNOLOGY: VOCATIONAL L4 40 Nthabiseng Selimeni 051 406 9473 lefan@motheofet.co.za
FALSE BAY COLLEGE WESTERN CAPE (MUIZENBERG) FINANCIAL MANAGEMENT 40 Jacquiline Laymana 021 003 0600 Jacqueline.layman@falsebay.org.za

 
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 7241 zamah@mut.ac.za
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 9000 annie@vut.ac.za

MERIT BURSARIES
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.