Key Facts
- Status
- Check Provider for Dates
- Provider
- Field of Study
- Study Level
- Academic Year
-
2027
Eligibility Requirements
- South African citizen
- Minimum 70% for Mathematics (not Mathematics Literacy) in matric
- Minimum 60% for English Home Language, or 70% for English First Additional Language
- Minimum 70% for all other matric subjects
- Committed to enrolling in the OMCAT Programme and working for Old Mutual after graduating
Documents Needed
- Certified copy of South African ID
- Certified matric certificate or most recent academic transcript
- Proof of registration or acceptance onto an eligible Accounting Science programme
- Completed online application as required by Old Mutual's selection process
About Old Mutual Accounting Bursary
Old Mutual's Accounting Bursary funds students pursuing the Chartered Accountant (CA(SA)) pathway through an Accounting Science degree, as part of the group's Early Careers programme. It is a distinct bursary stream from Old Mutual's Actuarial Bursary (see the Old Mutual Actuarial Bursary listing), with its own academic requirements and its own in-house training programme.
Recipients are expected to commit to Old Mutual's Chartered Accountant Training (OMCAT) Programme and to work for the company after qualifying — a work-back structure similar in principle to the actuarial stream, but built around the CA(SA) qualification route rather than actuarial exams.
The bursary covers most study costs, including tuition and accommodation, and bursars additionally receive mentorship, networking opportunities, vacation work, and guaranteed employment after graduation.
Funding Details
- Tuition and most other study costs
- Accommodation
- Mentorship and networking opportunities
- Vacation work
- Guaranteed employment after graduation through the OMCAT Programme
Where You Can Study
Selected South African universities offering an accredited Accounting Science / CA(SA)-track (BCom Accounting) programme recognised by SAICA. Old Mutual has not published a fixed university list for this stream — confirm the current list directly with Old Mutual when applying.
About Old Mutual
Old Mutual is one of South Africa's largest financial services groups, offering life assurance, savings and investment, banking, and lending products across South Africa and the rest of Africa. The group is listed on the…
View full provider profile →Fields of Study & Who Can Apply
South African citizens in Grade 12, or already studying towards an Accounting Science / CA(SA)-track degree at a participating university, who are committed to entering the OMCAT Programme and working for Old Mutual after qualifying.
Application Procedure
Apply directly with the provider using the official application link below, before the closing date.
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Frequently Asked Questions
How is this different from the Old Mutual Actuarial Bursary?
This bursary funds the Chartered Accountant (CA(SA)) route via an Accounting Science degree and the OMCAT training programme, not actuarial science. Academic thresholds also differ — this stream requires 70% for Maths, rather than an A symbol.
What are the academic requirements?
At least 70% for Mathematics, 60%/70% for English (HL/FAL), and 70% for all other matric subjects.
What is OMCAT?
The Old Mutual Chartered Accountant Training Programme — the in-house training path bursars commit to after graduating, leading toward the CA(SA) qualification.
Is there a work-back obligation?
Yes. Bursars are required to work for Old Mutual after qualifying, as part of the OMCAT commitment.
When does the next intake open?
The 2027 cycle ran from April and closed on 30 June 2026. Old Mutual typically reopens Accounting Bursary applications earlier in the following year — check the official Old Mutual careers page for exact dates.
