Organisation : EY
Scholarship Name : Bursary Programme 2025
Applicable For : Chartered Accountant
Country : South Africa
Last Date : 30th September 2024
Website : https://www.ey.com/en_za/careers/apply-for-our-bursary-program
What is EY Bursary Programme?
EY is committed to growing and transforming the Chartered Accountancy profession. Importantly, we believe in individual development from school level through university and into the world of work. Bursaries are awarded to individuals who we believe have the commitment to qualify as a Chartered Accountant and an academic record which indicates the ability to do so with due regard to financial need. In return for the bursary, the student is required to work at EY for the duration of their training contract (a minimum of three years). Last date of application is 30th September 2024.
Related / Similar Bursary : HCI Foundation Bursary 2025
There are two types of bursaries open for application:
Academic Merit with Financial Need Bursary: This covers one or more, or a combination of tuition, accommodation, books and/or meals.
Academic Merit Bursary: This covers a portion of the tuition fees
Eligibility of EY Bursary Programme
The first requirement to be eligible for a bursary is South African citizenship and a valid South African identity document. We require an academic record of a minimum of four A’s, excluding Life Orientation; that you will be studying toward a relevant CA degree (three to four years) and a year Accounting Honours/Certificate in Theory in Accounting (CTA). Further, you should be accepted and/or enrolled at a SAICA (South African Institute of Chartered Accountants) accredited University.
** University of Witwatersrand
** University of Free State
** University of Western Cape
** University of Cape Town
** University of Stellenbosch
** Walter Sisulu University
** University of Johannesburg
** Rhodes University
** University of Limpopo
** University of Pretoria
** UNISA
** Monash
** University of KZN
** University of Fort Hare
** University of Zululand
** North West University
** Institute of Accounting Science
** University of Venda
** Nelson Mandela Metropolitan University
How To Apply For EY Bursary Programme?
Applications for the EY Training Contract are open throughout the year. To apply, please remember to attach the following documentation:
** Curriculum Vitae (CV)
** Certified Identification Document
** Grade 11 and 12 Academic Report/Transcript
** Motivational Letter
** Latest Fee Quotation from the University
** Proof of household income (applicable for Academic Merit with Financial Need Bursary applications)
What does a Chartered Accountant do?
A Chartered Accountant analyses and evaluates both financial information and business risks facing the organisation they are working with (the ‘client’). CA’s bear a key responsibility in undertaking and effecting their duties as they will use that information to advise the client on the financial state of the business and the areas of potential risk in order to support the business’ continued viability and profitability. The work that CA’s do for individual clients provides assurance to the market, which the market (investors) rely upon to inform their decisions of whether to invest in a company or not. Investment can mean the different between success or failure for many organisations.
What happens once you enter into a training contract with EY?
A training contract spans a three-year period. First year trainees, called ‘assistants’ will get to know the client and their business and thereafter write the Qualifying Exam 1- Initial Test of Competence (ITC). Second year trainees titled ‘seniors’ take on more responsibility and are expected to contribute more to the team and later write the Qualifying Exam 2- Assessment of Professional Competence (APC). ‘Supervisors’, who are third and final year trainees, manage or run a client assignment, and supervise and coach junior trainees. Once third year trainees pass both exams and complete the training, they will register with SAICA as a CA(SA).
What is the Last Date of EY Bursary Programme?
Last Date of EY Bursary Programme is 30th September 2024.