Looking For A Bursary To Study Accounting?

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If you are good at math and have a knack for crunching numbers and dealing with money, then perhaps a career as an Accountant will interest you. Before you can step into the workspace you need to study the profession and pass various exams. Considering that journey is certainly not cheap, you might want to explore funding avenues. 


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Accounting also referred to as Accountancy, plays an incredibly important role in every organization or business.

A businesses' accounting department or accountant is responsible for preparing tax returns and ensuring that taxes are paid properly and on time.

They are required to evaluate financial operations to recommend best practices, identify issues and strategize solutions, and records business transactions on behalf of an organization.

The accounting field offers a wide array of career options in which a person can specialize from auditing, tax accounting and cost accounting to managerial accounting

There are also opportunities in public accounting, government agencies or corporations, in addition to entrepreneurship.

Below is a list of bursaries you can apply to for funding:

  1. Standard Bank Bursary – The Standard Bank Group provides funding to students who require funding for their first, second, third and final year of undergraduate studies.
  2. National Student Financial Aid Scheme (NSFAS) - NSFAS offers funding for a wide range of study fields including Accounting.
  3. South African Revenue Services (SARS) Bursary –  The SARS provides bursaries to students in relevant fields of study who are from disadvantaged backgrounds. 
  4. Multichoice Bursary – The MultiChoice Bursary Scheme is open to students in all years of study, including students who have enrolled for their first post-graduate degree that is focused on the STEM discipline (Science, Technology, Engineering, and Mathematics)
  5. Engen Bursary – Each year, Engen offers bursaries to deserving students in specific fields of study.
  6. Department of Finance Bursary – There are a number of Government departments that offer bursaries to students, the Finance Department is one of them. 
  7. Nedbank Bursary – Nedbank awards bursaries to to academically deserving students, in financial need and Accounting is one of the fields they support. 
  8. National Youth Development Agency (NYDA) Bursary – The NYDA offers funding to Accounting students seeking financial assistance.
  9. SA Reserve Bank Bursary - Each year the SARB provides bursaries to students in relevant fields of study who are from disadvantaged backgrounds.
  10. Toyota Bursary - Toyota offers to students pursuing full-time studies in numerous fields including Accounting.

Should you be needing funding to further your studies any of the above mentioned organisations can assist providing you meet the different requirements. Please consult their official websites to find out more. 

Read more about a career in Accounting.

 

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