Bursaries
The Public Investment Corporation SOC Ltd (PIC) is passionate about contributing to the community in which it operates. Improving the lives of people across the board is at the heart of the PIC’s value system. The PIC has a bursary programme that identifies previously
disadvantaged learners from designated groups with academic potential who want to study. Candidates that show an innovative business potential that can prove they need financial support will be considered for these bursaries.
PIC Bursary Application 2024:
Students who intend studying in the following fields should apply:
Accounting & Accounting Science (CA stream)
Actuarial Science
▪ Applied Development Economics
BSc in Property Studies / Construction Studies
Cost and Management Account
Computer Science
Economics and Mathematical Science
Finance/Financial Management
Information Management/Systems/Technology
Internal Audit
Investment Management
Human Resources Management
Quantitative Finance
Mathematical Statistics
Research
Risk Management
Law (LLB)
Eligibility:
The PIC bursary will be awarded to students intending to enroll or already studying for their first qualification and at undergraduate level only. No post-graduate qualification and/or second qualification will be funded.
South African Citizens not older than 25 years.
The following will be considered during the shortlisting process
✓ Applicants living with a disability will be given first preference
✓ Matriculants with a minimum of 60% pass on each subject
✓ Applicants at teritiary level with a minimum of 60% pass in each module and overall average of the most recent results
✓ Applicants must be admitted to study at a South African Public Accredited Institution of Higher Learning
Bursary Application Instructions:
All compulsory fields (*) must be completed
All supporting documents must be certified (certified copies must not be older than 3 months at submission date)
The application form must be signed by the applicant and Parent/Guardian in the case of minors
Incomplete application forms and/or falsified, uncertified, invalid documentation will not be considered
Supporting Documents Checklist:
Completed application form
A copy of a valid RSA identity document
Proof of disability (medical certificate)
Academic transcripts (if currently enrolled at an accredited tertiary institution)
Matric Certificate (or Grade 11 and June results if currently in Grade 12)
Copy of signed student study loan agreement or contract (if applicable)
Preliminary acceptance letter(s) from an accredited tertiary institution
Quotation (tuition, books, learning institution accredited accommodation and meals)
Proof of monthly household income and dependants. Example of household income:
Salary or wage slips if employed or affidavit if unemployed
Death certificate if deceased
SASSA letter stating grants received if applicable
Affidavit stating annual income if self-employed
Letter from the court stating child support amount if parents are divorced or affidavit from parent stating the child support amount received if parents are separated
Bursary Terms:
The bursary is awarded for the full academic period at a single academic institution
The bursary application for 2024 is now open.
Deadline to apply 30 September 2023
Enquiries: bursaryapplications@pic.gov.za
Please remember to include your contact details when making an enquiry as we may need to contact you to resolve your enquiry
NB: Incomplete applicants will not be consideredWhen will feedback be givenFeedback will only be sent to successful applicants.
Impact of the PIC’s Graduate Talent Development Programmes and Support Initiatives
Graduate and Bursary Icon
Ms. Ayanda Bolani
Ms. Ayanda Bolani
Ayanda completed her studies with six distinctions out of seven modules. She is currently completing her Bachelor of Commerce Honours in Investment Management at the University of Pretoria. “The PIC awarded me a bursary in 2017, whilst I was in my final year of studying towards a Bachelor of Commerce in Investment Management.
I felt extremely blessed to receive a bursary that covered my tuition in full. This allowed me to focus all my energies on studying and less on the financial burdens that come with studying, resulting in me attaining multiple distinctions. I received nominations from Allan Gray and for the 2018 Russell Loubser Merit award for outstanding academic achievement. Being the youngest employee at the PIC can at times be intimidating, however, I have chosen to accept the challenge and recognize the wealth of experience surrounding me. Being selected for the program only affirms my efforts and encourages me to improve and build a skill set while adding value to the Listed Investment: Fixed Income division I have been assigned to.
I am grateful for the opportunity to learn and develop myself as well as add value as I navigate my journey as a professional.”
Mr. Edwin Mahanci
Mr. Edwin Mahanci
Edwin completed his Bachelor of Computer Science degree, through the University of Venda. He intends to pursue postgraduate studies, with a strong focus on Financial Engineering, to widen his knowledge of Asset and Investment Management.
“I was a PIC bursary holder in the year 2017, pursuing a qualification in Computer Science at the University of Venda, Limpopo. The PIC bursary enabled me to focus on and complete my studies without worrying about how I would make ends meet. As a PIC bursary recipient, I had a rare opportunity of participating in the PIC Vacation Work programme during January 2018 and also had a mentor assigned to me and a team that supported me. During the vacation work period, I was exposed to the workings of the investment industry. Moreover, this exposure gave me an opportunity to showcase my computer programming skills and it is there that the PIC saw potential in me.
After completing my studies, I joined the PICeed Graduate Programme within the PIC Research and Projects Development division. The PIC bursary programme has not only changed my life but also enabled me to change life for my family. I am eternally grateful to the PIC for affording me the bursary
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