Momentum Investments Phambili Bursary 2024

About Momentum Investments

Momentum Investments was founded in 1966 after several strategic mergers and acquisitions, the company got its name “Momentum” after acquiring Momentum Assurance Corporation in the year 1973.

Momentum Investments offers a wide range of financial products, solutions, and advice to help businesses and people achieve their lifetime goals and dreams. It is the first major insurance group in the market to have achieved a level 1 B-BBEE certificate with a workforce that encourages diversity and brings together people from different backgrounds.

Momentum will help you make smarter financial decisions, look forward consistently and never settle for less.

Momentum is a crucial part of Momentum Metropolitan Life Limited- which is an authorized financial services company.

Momentum Investments Phambili Bursary

Momentum Investments Phambili Bursary 2024

Momentum Investments is looking to empower unemployed South African youth by providing them with easy access to quality education. Moreover, the company also wants to create a pipeline of talent that could be utilized in the organization later on.

Momentum has announced its Phambili Bursary Programme which feeds into its Phambili Internship Programme that is targeted towards students who are willing to work for an investment business in the future years.

Momentum Investments is inviting top academic students in South Africa coming from disadvantaged backgrounds to apply for the Phambili Bursary Programme. Through this bursary, students will be able to complete their studies and build a successful career.

The Phambili Bursary will cover complete tuition fees, accommodation, and textbooks.

After completing the degree successfully, the graduates may get an opportunity to join Momentum Investments as an intern.

Eligibility Criteria

To apply for the Momentum Investments Phambili Bursary, students must abide by the following criteria:

  • Must be a South African citizen
  • Must have been accepted at an accredited public university for qualification towards a BSc or BCom Undergraduate Degree in Mathematics, Statistics, IT, Investments Management, Financial Management, Accounting, or similar fields.
  • Must be in their first, second, or third year of degree
  • Must belong to a previously disadvantaged background such that their combined household income is less than R600k per year (Momentum Investments will require proof of income)
  • Must have achieved a minimum academic average of 65% for the previous year of degree.

The number of bursaries available is limited.

How to Apply?

To apply for the Momentum Investments Phambili Bursary Programme, follow the below link and click on the “Get Started” button. It will redirect you to the Bursary application form.

Momentum Investments Phambili Bursary Application Form 2024

Make sure to fill up the necessary fields in the application form.

Documents Required

Students, who are shortlisted for the Momentum Investments Phambili Bursary 2024, must provide the following documents:

  • Proof of household income
  • Confirmation of acceptance at an accredited public university
  • Academic results
  • ID document

Closing Date

The application deadline is 31 October 2023.

Please check your email for any correspondence.

Contact Details

For any queries related to the Momentum Investments Phambili Bursary 2024, contact the following:

General Enquiries
Business hours: Monday to Friday: 08:00 to 16:30. Closed on weekends and public holidays.

Wayne Dennehy
Tel: 087 742 7935
Office Timing: Monday to Friday
08:00 to 17:00

Please do not send any questions after the closing date. View our other bursaries/scholarships open for application here:

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