ABSIP Bursary South Africa 2025

The Association of Black Securities and Investment Professionals (ABSIP) is excited to offer funding opportunities for tertiary education through the ABSIP Bursary Fund, helping deserving students achieve their academic goals. If you want to pursue a career in studies, including business, finance, or investment, the ABSIP Bursary is here to support your goals. ABSIP Bursary is now open for the 2025 academic year, offering financial support to deserving students pursuing studies in selective fields.

This guide will walk you through the ABSIP Bursary South Africa 2025 application process, eligibility requirements, fields and expenses covered, deadline, and everything you need to know to seize this opportunity. Hence, keep reading to enlighten yourself.

Overview of ABSIP

The Association of Black Securities and Investment Professionals (ABSIP) was created to boost the number of black professionals in the investment and securities industry while making a positive impact on the country. ABSIP, established in 1995, has become a key player in transforming the financial sector and is proudly affiliated with the Black Business Council (BBC).

ABSIP membership consists of both newcomers to the Financial Services Sector and seasoned professionals with years of experience. The company’s membership spans various sub-sectors; such as Private Banking, Corporate Banking, Investment Banking, Retail Banking, Asset Management, Insurance, Employee Benefits, Stock Broking, Corporate Finance, Private Equity, Financial and CorporateManagerial Consulting, Treasury, and Development Finance Institutions (DFIs).

ABSIP Bursary South Africa 2025

ABSIP offers bursaries to qualified South African students pursuing higher education in selective fields. It covers studies-related costs and other necessary academic expenses, ensuring that students can focus on their education without financial stress. Before applying, you must learn about the ABSIP Bursary South Africa 2025 in detail:

What Fields and Expenses are Covered by ABSIP Bursary?

In cooperation with ABSIP, STANLIB is offering bursary funding to students from underrepresented communities, pursuing qualification in Investment Management at selected universities. Priority will be given to students enrolling in Bachelor of Business Science (BBusSc), Bachelor of Commerce (BCom), and Bachelor of Science (BSc) programs, specifically in the listed below fields:

• Economics
• Business Finance
• Financial Analysis
• Investment Management
• Mathematics
• Statistics

The bursary will assist with the following expenses: tuition fees, book allowance for textbooks and course material, a laptop (if needed financially), accommodation (ideally on campus), and a stipend (depending on financial need). The bursary will continue each year as long as the students maintain good academic performance and there are sufficient funds to support it.

ABSIP Bursary South Africa 2025: Qualification Criteria

The ABSIP Bursary has qualification requirements that applicants must meet in order to be eligible for consideration. These requirements ensure that candidates have the right academic background and necessary skills to succeed in their chosen field of study. The following are the ABSIP Bursary eligibility requirements:

• Applicants must be South African citizens.
• Applicants must come from a historically disadvantaged background.
• Applicants must be Black, according to the definition of the B-BBEE Act.
• You must have finished Matric.
• Applicants must be studying, or planning to study full-time, for a qualification related to an Investment Management career.
• You must have been accepted or enrolled at one of the universities mentioned below:
  • Stellenbosch University
  • University of Cape Town
  • University of Western Cape
  • University of Pretoria
  • University of Johannesburg
  • University of Witwatersrand
  • University of Free Stae
  • Rhodes University
  • University of Fort Hare
  • University of Limpopo
  • University of KwaZulu-Natal
  • Nelson Mandela University
  • North-West University
  • Walter Sisulu Univeristy
  • University of Venda
  • University of Zululand
• A minimum average of 75% in core academics modules/subjects is required.
• Applicants must plan to pursue a career in the investment field.
• An excellent academic record is required.
• You need to show financial need.
• You shouldn’t have permanent work experience, just vacation work if any.
• Applicants can’t be a STANLIB employee or related to one.
• You should also show leadership qualities and have been involved in extracurricular activities like chess clubs, debating, sports, etc.

ABSIP Bursary South Africa 2025: Application Procedure

Here’s how you can apply for the ABSIP Bursary program:

• The entire application process can be carried out online through the official ABSIP Bursary application portal. Fill out the application form completely and accurately to ensure your application is considered.
• Make sure to submit clear copies of the following supporting documents with your online application. These documents are required, and if any are missing, your application might be disqualified:
  • Certified copy of ID document.
  • Your Academic Records/Transcripts on the institution’s letterhead.
  • A quote or fee statement from your university on the institution’s letterhead.
  • A one-page motivational letter explaining why you want to study or are studying towards an Investment Management qualification.
  • Certified copies of your parents’ or guardians’ ID documents.
  • Certified copies of proof of income from your parents or guardians (latest 3 months payslips) (an affidavit if unemployed).
  • Bank statement from the past 3 months for your parents or guardians.

Closing Date: 17 January 2025

Ending Lines

In conclusion, ABSIP Bursary offers a valuable opportunity for students from disadvantaged backgrounds to access higher education. Applications are now open, giving eligible students the chance to apply for financial support. Submit the applications before the closing date to ensure your application is considered for the ABSIP Bursary.