BANKSETA Bursaries

BANKSETA employs a multipronged approach on Work Integrated Learning and providing funding for bursaries. It currently engages with public institutions of learning to build capacity, thereby promoting access and reach. Each of the strategic relationships built with the public TVET colleges, Universities and Universities of Technology is designed in such a manner to either:-

Improve how the institution responds to the needs of the broader banking and inclusive banking sector, through lecturer support; or
Develop scarce and critical skills for occupations that are in short supply by the sector, through bursary support; and
Bring demand (industry/ employers) for skills closer to supply (current workers / new entrants into the economy) of skills by address better use of work-based skills development.

WIL GRANT FUNDING

BANKSETA approves TVET colleges on an annual basis for Work Integrated Learning (WIL) grant funding, the aim of which is to assist the colleges to make links with employers in order for the learners to obtain the requisite workplace experience to make them more employable. BANKSETA manages the relationships between colleges and the sector employers by inviting the sector employers to various regional networking sessions, where employers are taken through the aims and objectives of the intervention, processes on how to become involved as well as meet the respective college contacts.

The college contacts are provided for those employers who wish to make contact now:

INSTITUTION	PROVINCE	SKILL FOCUS AREA	NO OF LEARNERS	CONTACT PERSON	TELEPHONE NUMBER	E-MAIL ADDRESS
NORTHLINK COLLEGE	WESTERN CAPE (BELLVILLE)	FINANCIAL MANAGEMENT AND MARKETING MANAGEMENT	40	Yasin Johnson	021 970 9121	yjohnson@northlink.co.za
MALUTI FET COLLEGE	FREE STATE (PHUTHADITJABA)	FINANCIAL MANAGEMENT, BUSINESS MANAGEMENT, FINANCE ECONOMICS & ACCOUNTING	40	Reitumetse Lesiamo Hlakoane	058 7136100	culcium@gmail.com
KING HINTSA FET COLLEGE	EASTERN CAPE (BUTTERWORTH)	FINANCE, IT, MARKETING AND MANAGEMENT	40	Sibongile Simani	047 401 6400	ssimani@kinghintsacollege.edu.za
UMFOLOZI FET COLLEGE	KZN (RICHARDS BAY)	FINANCE & ECONOMICS, IT, FINANCIAL MANAGEMENT	40	Michélle Steyn	035 902 9581	SteynM.umfric@feta.gov.za
GERT SIBANDE FET COLLEGE	MPUMALANGA (STANDERTON)	FINANCIAL MANAGEMENT AND BUSINESS MANAGEMENT	40	Sihle Nzuza	017 712 9040	sihlen@gscollege.co.za
FLAVIUS MAREKE FET COLLETE	FREE STATE (SASOLBURG)	BUSINESS MANAGEMENT , IT AND MARKETING	11	Sello Makume	016 976 0829	sellom@fmfet.net
COLLEGE OF CAPE TOWN	WESTERN CAPE (SALT RIVER)	FINANCE, MARKETING, IT, ECONOMICS, ACCOUNTING, MANAGEMENT	30	Marthinus Olivier	021 404 6724	molivier@cct.edu.za
GOLDFIELDS FET COLLEGE	FREE STATE (WELKOM)	BUSINESS MANAGEMENT	40	Tshepo Gerald Radebe	057 910 1600	tshepo@gfc.edu.za
ORBIT FET COLLEGE	NORTH WEST (RUSTERNBURG)	FINANCE, IT, BUSINESS STUDIES AND HR	40	Peter Matlou	014 592 5600	pmatlou@orbitcollege.co.za
NORTHERN CAPE URBAN FET COLLEGE	NORTHERN CAPE (KIMBERLY)	FINANCIAL MANAGEMENT, MARKETING MANAGEMENT, MANAGEMENT ASSISTANT	40	Chris Mpisi	053 839 2097	cmpisi@ncufetcollege.edu.za
MAJUBA FET COLLEGE	KZN (NEWCASTLE)	FINANCIAL MANAGEMENT	40	Deepak Mohan	034 326 4886	dmc200845@yahoo.co.za
MOTHEO FET COLLEGE	FREE STATE (BLOEMFONTEIN)	NC TECHNOLOGY: VOCATIONAL L4	40	Nthabiseng Selimeni	051 406 9473	lefan@motheofet.co.za
FALSE BAY COLLEGE	WESTERN CAPE (MUIZENBERG)	FINANCIAL MANAGEMENT	40	Jacquiline Laymana	021 003 0600	Jacqueline.layman@falsebay.org.za

Work Integrated Learning (WIL) grant funding has also been extended to the following Universities of Technology in an attempt to allow graduates to develop the soft skills so essential to corporate teamwork and productivity. This project follows the same engagement principle as with the TVET college funding, in that BANKSETA will alert employers as to when the networking sessions will take place.

Contacts are provided below, for those employers who wish to participate now:-

INSTITUTION	PROVINCE	SKILL FOCUS AREA	NO OF LEARNERS		CONTACT PERSON	TEL NUMBER	E-MAIL ADDRESS
MANGOSUTHU UNIVERSITY OF TECH	KZN	INFORMATION TECHNOLOGY	50	Zama Hlubi		031 907 7241	zamah@mut.ac.za
CAPE PENINSULA UNIVERSITY OF TECH	WC	10 OF EACH – MARKETING, INTERNAL AUDITING, ACCOUNDING, MANAGEMENT & IT	50	Fundiswa Nofemela		021 959 6226	NOFEMELAF@cput.ac.za
VAAL UNIVERSITY OF TECH	GP	COST MANAGEMENT ACCOUNTING, FINANCIAL INFO SYSTEMS, INTERNAL AUDITING, MARKETING & IT	50	Annie Moletsane		016 950 9000	annie@vut.ac.za

MERIT BURSARIES

BANKSETA covers the funding of bursaries through partnership agreements with Universities. The support is holistic (covering tuition, textbooks and accommodation, on or off-campus, depending on what has been arranged by the University).

Each institution will use its pre-determined entry criteria to identify learners to nominate for Merit Bursaries. BANKSETA Merit Bursaries are renewable annually and are dependent on the students’ academic progress.

The focus areas sponsored by BANKSETA are as follows:-

Actuarial Science (Accounting)
Bachelor of Science (IT)
Bachelor of Commerce (IT),
Bachelor of Commerce (Finance, Economics, Financial Markets or Financial Modelling streams); and
Bachelor of Commerce (Accounting).
These focus areas are aligned to the scarce and critical skills in the sector and the funding of bursaries will seek to address the shortage thereof.