PricewaterhouseCoopers PwC Bursary South Africa 2024/2025

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WHAT IS A BURSARY?

According to Wikipedia, A bursary is a monetary award made by an institution to individuals or groups of people who cannot afford to pay full fees. In return for the bursary the individual is usually obligated to be employed at the institution for the duration as the bursary. According to The Good Schools Guide, a bursary is “usually for helping out the impoverished but deserving and those fallen on hard times.

According to The Hobsons UK Boarding Schools Guide, numerous independent schools have bursary capability, namely grants from the school to help pay education fees. These are usually awarded after a “means test” of family income and are not necessarily dependent on examination performance, although some account of academic ability will be taken. Bursaries may be awarded in addition to scholarships where financial need is demonstrated and the prospective student would otherwise be unable to enter the school.

To obtain such a bursary, it is customary for parents to be asked by the school’s bursar to fill in an application form, giving details of their financial circumstances, supported by documentary evidence, including capital assets. The application will be considered by the school in accordance with its bursary policy. The award will often only remain in force until the pupil has sat the next relevant public examination. Most schools will review bursaries annually to ensure that the justification for an award remains. In Britain any award made before GCSE will not necessarily continue to the A-level stage.

Bursaries are similar to “scholarships” or “prizes“, which are based on performance. These awards are generally given for good performance in the exams preceding university or college entrance in which the student achieves grades above the standard entry. These can be awarded by universities or, sometimes, by companies

THINGS TO KEEP IN MY WHEN APPLYING FOR A BURSARY

A lot of students are usually confused when it comes to scholarship or bursary application. When they have answered the most difficult question of where to start, then the other process becomes seamlessly easy for them. Basically that’s why we have decided to include this post to enable you successfully apply for bursaries especially for this year to aid your academic cause. The following are those important things to note before applying for a bursary.

Most bursaries will request for your Latest Academic Record duly signed from your school, your ID document, evidence of tertiary application and most importantly an authentication that you were accepted. Similarly, some bursaries will require you to provide another proof of Guardians or Parent’ source of income and residence. After successfully sorting out these documents, then your next step is to ensure you verify your documents. If you don’t know how to, simply visit any commissioner of oath at a post office, bank or police station.
Integrity they say is telling myself the truth while honesty is telling the truth to other people. Honesty is more than not lying. It is truth-telling, truth speaking, truth living, and truth loving. Therefore, you must ensure that whatever information you are providing is the truth and nothing but the truth. Fill all blank spaces with correct data. No legacy is so rich as honesty.
A whole lot of students apply for bursaries without having any references at all and in other cases have references that can’t be reached. Most times this is the first step to not getting the bursary you have applied for. If you need the bursary you are applying for and you want it, then go ahead and find references with correct contact addresses.
A lot of students also don’t have enough writing skills to win their desired bursary which can prove to be a stone in the neck in the long run. Therefore it is highly advisable that you write a highly convincing and motivational cover letter that will make anyone accessing it believe before he begins to even read it. Things such as why you think you should be awarded the bursary especially more than the other several thousand applying, how you can contribute to society when you have finished your program in school and especially how getting the bursary will be a stepping stone to achieving your dreams and changing your future for good.
A lot of students apply for bursaries and go to sleep which is very bad. When you apply for any bursary, ensure you regularly and consistently check your Emails and your phone text messages to be sure you have not or have received a message from those assessing your application.
Lastly, ensure you always check for bursary deadlines or closing dates so you can know exactly when to apply.

PricewaterhouseCoopers (PwC) was formed as the result of a merger between 2 accounting firms – Price Waterhouse and Coopers & Lybrand in the year 1998.

PwC is Africa’s largest professional services provider with more than 9 000 staff members and almost 400 partners across 34 countries. It is also one of the global “Big Four” auditing firms, alongside KPMG, Deloitte and EY.

The company operates in a wide range of industries, including but not limited to: Banking; Asset and Wealth Management; Financial Services; Insurance; Pharmaceuticals; Oil and Gas; Engineering and Construction; Mining; Chemicals; Renewable Energy; Industrial Manufacturing; Healthcare; Transportation and Logistics; Automotive; Agribusiness; Higher Education and so much more.

FIELDS COVERED, COVERAGE VALUE & SERVICE CONTRACT

The PwC bursary scheme aims to financially assist exceptional young people who find themselves without the needed funding to pursue their studies in the Accounting sector. Bursaries are granted to students with excellent school/ university academic records.

Bursaries are open to students who are studying (or intend on studying) towards a SAICA accredited degree, which will lead to a a Chartered Accountant (SA) designation.

The bursary programme will cover a portion of tuition expenses, prescribed books – the amount of cover will be determined by evidence that students cannot cover the cost of their studies. Students will however, be required to pick up the remainder of the study costs.

On completion of their studies, students must be prepared to work for PwC on a training contract.

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 citizen
Completed Matric OR currently in Matric
Studying OR intend on studying towards a Chartered Accountancy qualification
Studying OR have been accepted to study at a university in South Africa
Achieved a minimum average of 60% for all your subjects
Mathematics and English as Matric subjects (NOT Mathematics Literacy)
Good command of the English language
Strong communication skills

Students must also possess the following personal qualities:

Good interpersonal skills
Strong leadership skills
Problem solving capabilities
Able to work in a team
Strong business and technical skills

HOW TO APPLY FOR THE BURSARY

Apply online at: https://pwcza-school.erecruit.co/candidateapp/Jobs/View/PWC191010-10/Bursary_-_CA_Programme_
(Ref Number: PWC191010-10)

You will be required to Register an account (https://pwcza-school.erecruit.co/candidateapp/Register/) before you can Login and apply (https://pwcza-school.erecruit.co/candidateapp/Login)

CLOSING DATE

30 April
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)