Business Sciences is a scientifically based study of economic and management sciences, while Economics is the social science that studies the production, distribution, and consumption of goods and services.
If Economics focuses on the big picture of the world’s finances, then you can say that Business Studies have a more specific vision, teaching you the skills to manage a specific company or organization.
Business Sciences and Economics are similar in some ways, and operate in relation to one another.
Every business operates within the economy. Based on their economic expectations, businesses can decide what products to produce, how to price them, how many people to employ, how much to pay these employees, how much to expand the business, and so on.
Here is where you can find bursaries for Economics and Business Sciences:
The South African Revenue Services (SARS) Bursary
The SARS bursary programme is made available yearly, within certain fields.
The available fields of study that can receive funding from SARS include:
- Economics
- Accounting
- Finance
- Audit
- Law
- Information Technology
- Legal Aid
- ICT
- Management
- Tax
The eligibility requirements are as follows:
- Grade 12 matric results or mid-year results if you haven't matriculated yet
- If studying, you will need your June results of that year
- Must be proficient in English
- Must possess a South African ID
- Must be a South African citizen
- Must hold an average pass mark of 70% or higher
- Must provide proof of registration at an Institute of Higher Learning
- ID of parents/guardians
- Parents/guardians proof of income
- Must be from a previously disadvantaged background
In addition, candidates must be younger than 30 years old and provide a 250 word essay that motivates why they deserve the bursary.
Capitec Bank Bursary
Capitec invites students to apply for their external bursary programme.
Bursaries will be awarded for studies within the following fields, namely:
- Economics
- Actuarial Science
- Finance
- Behavioural Science/Behavioural Economics
- Communications
- Data Analysis
- Design (Graphic, User Experience, Web)
- Accounting
- Engineering (Chemical, Industrial, Civil, Electrical, Mechatronics)
- Human Resource (Human Resource Management, Psychology, Psychometry, Industrial and Organizational Psychology, Anthropology, Behavioural Psychology)
- Information Technology
- Marketing
- Mathematics
- Operational Research
- Statistics
- Project Management
- Risk Management
The eligibility requirements are:
- You must be a South African citizen
- You must have completed matric
- You must be studying or intend on studying in one of the above-listed fields
- You must be studying or intend on studying at a recognized tertiary institution in South Africa
- You must be willing to relocate to either Stellenbosch (Western Cape) or Sandton/Johannesburg (Gauteng) after graduation
- You must have a clear credit record
- You must not have a criminal record
First National Bank (FNB) Bursary
FNB offers bursaries for the following fields of study:
- Economics
- Accounting
- Economics and Management Sciences
- Finance
- Statistics
- Computer Science
- Information Technology
- Information Systems
- Auditing
- Actuarial Science
- Investment Management
- Marketing
- Law
- Organizational Psychology
- Quantitative Finance
- Psychology
The requirements for this bursary are as follows:
- Must be a South African citizen with a valid ID
- If the student is still in matric, they must provide a certified copy of their June results
- Students who have completed matric must provide a certified copy of their final results
- Students must have at least a 60% pass for English, Mathematics and Physical Science
- Students enrolled at tertiary institutions can also apply, and must provide their up-to-date academic records
- Students must provide two testimonials along with their application; one from a community leader (spiritual leader, for example), the second from an educational official (school principal or lecturer).
- Must provide proof of income of both parents/guardians
- Must include an essay of their life, personally written by them, and a letter of recommendation from a parent or friend
South African Reserve Bank (SARB) Bursary
The South African Reserve Bank (SARB) invites students to apply for bursary funding. The bursary funds the following fields of study:
- Economics
- Accounting
- Actuarial Science
- Finance
- Information Technology
- Law
- Mathematical Statistics
The bursary will be awarded for the first academic year and renewed each year, without having to reapply. However, students will have to submit their final results by the 31st of December each year.
The eligibility requirements of this bursary are as follows:
- Must be under 30 years old
- Must be a South African citizen
- Must have completed matric or currently be in matric
- Must intend on studying full-time towards an undergraduate degree in the above-listed fields
- You must have gained acceptance into a recognized tertiary institution in South Africa
- You must have achieved a minimum overall average of 70% in your matric June exams
- Must be in financial need, unable to afford a university education without a bursary
- Must be from a disadvantaged background
Nedbank Bursaries Programme
Nedbank offers bursaries for the following fields of study:
- Economics
- Finance
- Business Management
- Accounting
- Business Finance
- Agricultural Studies
- Actuarial Sciences
- CA Studies
- Computer Science
- Financial Planning
- Engineering
- Human Resources
- Mathematics
- IT
- Investment Management
- Statistics
- Risk Management
- Quality Surveying
- Property and Related Studies
Eligibility requirements include:
- Must be a South African citizen
- Must have a valid ID
- Must have a minimum of 65% average
- Must supply complete academic records
- Must meet all the requirements of the university of your choice
- Must prove the need for financial aid
