ABSIP is a highly influential organization dedicated to increasing black representation within the investment and securities industry.
They work towards transforming the financial sector and are affiliated with the Black Business Council (BBC).
ABSIP offers a diverse membership that includes both new entrants to the financial services industry and seasoned professionals.
Member companies operate across various sub-sectors such as corporate banking, private banking, retail banking, investment banking, asset management, insurance, employee benefits, corporate finance, stockbroking, private equity, financial and corporate managerial consulting, treasury, and development finance institutions (DFIs).
About the Stanlib Bursary
The Stanlib Bursary provides comprehensive financial support for students pursuing qualifications related to investment management.
This bursary is specifically aimed at historically disadvantaged South African students, with a preference for those studying towards degrees like Bachelor of Business Science (BBusSc), Bachelor of Commerce (BCom), or Bachelor of Science (BSc) with a focus on the following fields:
- Business Finance
- Economics
- Financial Analysis
- Investment Management
- Mathematics
- Statistics
The bursary covers a wide range of expenses, including:
- Tuition fees
- Book allowance for textbooks and course materials
- Laptop (based on financial need)
- Accommodation (preferably on campus)
- Stipend (based on financial need)
By receiving this bursary, you’ll be able to focus on your studies without the burden of financial constraints.
Stanlib Bursary Eligibility Criteria
To be eligible for the Stanlib Bursary, you must meet the following criteria:
- Be a South African citizen
- Be from a historically disadvantaged background
- Be classified as Black according to the B-BBEE Act
- Have completed Matric (high school graduation)
- Be enrolled in or intend to enroll in a full-time investment management related qualification
- Be accepted or enrolled at one of the listed South African universities
- Demonstrate a strong academic record with a minimum average of 75% for core academic subjects
- Have a clear intention to pursue a career in investment management
- Demonstrate financial need
- Have no permanent work experience (excluding vacation work)
- Not be a STANLIB employee or a relative of an employee
While not mandatory, showcasing leadership qualities and participation in extracurricular activities like sports clubs or debating teams can strengthen your application.
Stanlib Bursary Application Requirements
Applications for the Stanlib Bursary are submitted online.
Make sure you include clear copies of the following supporting documents:
- Certified copy of your South African ID document
- Academic record or official transcripts on your university’s letterhead
- University quote or fee statement on the institution’s letterhead
- One-page motivational letter explaining your desire to study an investment management qualification (see resources for writing a strong motivational letter)
- Certified copies of your parents’ or guardians’ ID documents
- Proof of income for your parents or guardians (latest three months’ payslips or affidavit if unemployed)
- Latest three months’ bank statements from your parents or guardians
How to Apply
The application process for the Stanlib Bursary takes place online.
Keep an eye on the ABSIP website for the opening and closing dates for the 2025 application cycle.
How to Contact
For any questions or inquiries regarding the Stanlib Bursary program, please contact the Association of Black Securities and Investment Professionals (ABSIP) directly:
- Telephone: 010 203 9025
- Email: [email protected]
Stanlib Bursary Closing Date
The closing date for the 2025 Stanlib Bursary program has not yet been announced.
I recommend checking the ABSIP website for updates closer to the application period.