Each year, Deloitte award bursaries to deserving students. Bursaries are awarded to learners studying towards a SAICA accredited Chartered Accountancy stream degree qualification (undergraduate or postgraduate).
The bursary award will cover the following expenses: tuition fees, prescribed book and accommodation (to a capped amount).
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 OR Namibian citizen
- Completed Matric OR currently in Matric
- Completed Mathematics in Matric (not Mathematical Literacy)
- Studying or intend on studying towards a CA-stream undergraduate or postgraduate qualification
- Studying or intend on studying at a SAICA accredited University
- Wish to pursue a career in the Chartered Accountancy profession
- Academic requirements for Accounting major
- In your first or second year of study and have a achieved a minimum overall average of 70%
- In your third year of study and have a achieved a minimum overall average of 65%
- Completed at least 4 subjects in your previous academic year of studyYou may be required to submit clear copies of the following supporting documentation when applying (the submission of these documents is compulsory – if any items are missing, your application be disregarded):
- ID document (certified copy of)
- Matric latest results, if currently in Matric
- Matric certificate, if completed Matric
- Latest tertiary academic record
- Motivational Letter
CLOSING DATE
Bursaries are awarded to individuals who we believe have the commitment to qualify as a Chartered Accountant and an academic record which indicates the ability to do so with due regard to financial need. In return for the bursary, the student is required to work at EY for the duration of their training contract (a minimum of three years).
There are two types of bursaries open for application.
- Academic Merit with Financial Need Bursary: This covers one or more, or a combination of tuition, accommodation, books and/or meals.
- Academic Merit Bursary: This covers a portion of the tuition feesEY awarded me a merit bursary in the form of a once-off allowance, which I used to fund my under-graduate tuition. The recognition motivated me to take on an honours degree as well, and I am now completing a post-graduate certificate in Accounting Science with the intention of qualifying as a Chartered Accountant. Through all this, EY hasn’t only been concerned about my academic results, but also about my wellbeing. I’ve always set goals for myself, and EY has helped me to achieve so many of them. The firm has been a big part of my journey to success, and I’m excited about contributing to their success in the future.
Eligibility requirements
The first requirement to be eligible for a bursary is South African citizenship and a valid South African identity document. We require an academic record of a minimum of four A’s, excluding Life Orientation; that you will be studying toward a relevant CA degree (three to four years) and a year Accounting Honours/Certificate in Theory in Accounting (CTA). Further, you should be accepted and/or enrolled at a SAICA (South African Institute of Chartered Accountants) accredited University.
I am the Graduate Recruitment Manager and my role enables me to interact with students from different walks of life and provide opportunities that may enable them to strive for their dreams through education. My passion is people development and the most rewarding part of my work is to “walk” alongside students, see them overcome obstacles, graduate and become contributing members of society.
What does a Chartered Accountant do?
A Chartered Accountant analyses and evaluates both financial information and business risks facing the organisation they are working with (the ‘client’). CA’s bear a key responsibility in undertaking and effecting their duties as they will use that information to advise the client on the financial state of the business and the areas of potential risk in order to support the business’ continued viability and profitability. The work that CA’s do for individual clients provides assurance to the market, which the market (investors) rely upon to inform their decisions of whether to invest in a company or not. Investment can mean the different between success or failure for many organisations.
What happens once you enter into a training contract with EY?
A training contract spans a three-year period. First year trainees, called ‘assistants’ will get to know the client and their business and thereafter write the Qualifying Exam 1- Initial Test of Competence (ITC). Second year trainees titled ‘seniors’ take on more responsibility and are expected to contribute more to the team and later write the Qualifying Exam 2- Assessment of Professional Competence (APC). ‘Supervisors’, who are third and final year trainees, manage or run a client assignment, and supervise and coach junior trainees. Once third year trainees pass both exams and complete the training, they will register with SAICA as a CA(SA).
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 Deloitte directly:
Contact Person: Galiema Petersen (Personal Relationship Officer)
Tel: 021 427 5631
Email: gpetersen@deloitte.co.za