List of Commerce Bursaries in South Africa 2024-2025

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List of Commerce Bursaries in South Africa 2024-2025

For those aspiring to embark on a career in the corporate world, consider pursuing a Bachelor of Commerce (BCom) degree. BCom offers a diverse range of specializations, including Accounting, Finance, Business Management, Economics, Auditing, Human Resources Management, Marketing, Information Systems, Taxation, and more.

As you advance in your career within the commerce sector, your earning potential will vary based on factors such as your qualifications, years of experience, and the city you work in. Here’s a salary range per annum for selected commerce-related roles:

Economic Analyst: R72,000 to R580,000

Accountant: R120,000 to R500,000

Marketing Manager: R122,000 to R605,000

Human Resources Manager: R119,000 to R587,000

Internal Auditor: R135,000 to R480,000

Financial Accountant: R182,000 to R509,000

Business Development Manager: R194,000 to R844,000

Auditing Manager: R230,000 to R602,000

Tax Manager: R248,000 to R925,000

Finance Manager: R289,000 to R758,000

Information Systems Audit Manager: R306,000 to R840,000

Financial Manager: R324,000 to R824,000

Several renowned companies like Investec, Old Mutual, Coronation, and Metropolitan offer bursary programs to support deserving students with strong academic potential. These programs aim to cover the costs of their studies and contribute to the development of future organizational leaders.

ASSET MANAGEMENT BURSARIES FOR 2024-2025

Asset managers indeed play a crucial role in the financial sector by managing investment portfolios and assets on behalf of clients, which can include individuals, institutions, or organizations. Their responsibilities encompass various aspects, including financial analysis, risk management, and portfolio optimization.

BUSINESS RELATED BURSARIES (BUSINESS ADMINISTRATION, BUSINESS MANAGEMENT, BUSINESS SCIENCE) FOR 2024-2025

Business relations are indeed a fundamental aspect of any organization’s success. Establishing and maintaining positive relationships with various stakeholders, including employees, partners, customers, and suppliers, is essential for achieving the organization’s goals and objectives. Effective business relations can lead to increased productivity, innovation, customer satisfaction, and overall business growth.

In the fields of Business Administration, Business Science, and Business Management, professionals play critical roles in ensuring the smooth operation and success of businesses. Here’s a brief overview of these fields:

Business Administration:
- Business Administrators are responsible for making important decisions on behalf of the organization and overseeing various aspects of its operations. They often supervise staff and manage areas such as finance, accounting, marketing, and human resources.
- Earning an Associate’s Degree in Business Administration can provide you with the foundational knowledge and skills needed for roles in office management or project coordination.
- Pursuing further education, such as a Master of Business Administration (MBA), can open doors to higher-level positions like CEO or CFO.
Business Science:
- Business Science involves a systematic approach to solving business problems and improving operations. It focuses on applying scientific methods and data analysis to enhance decision-making and efficiency.
- A degree in Business Science equips individuals with analytical and problem-solving skills, making them valuable assets in various business settings.
Business Management:
- Business Managers are responsible for overseeing all aspects of a business, including setting strategic goals, directing operations, managing departments, and ensuring the overall success of the organization.
- Business Managers typically require at least a Bachelor’s Degree in Business Administration or a related field, along with relevant work experience.
- Key skills for Business Managers include problem-solving, decision-making, leadership, and effective communication.

If you are interested in pursuing a career in Business Administration, Business Science, or Business Management, financial support in the form of bursaries can help you achieve your educational and career goals. It’s essential to explore available bursary programs and scholarships related to these fields to help fund your studies and gain the knowledge and skills necessary for a successful career in business.

By obtaining the right qualifications and developing the required skills, you can pursue various career opportunities within the business sector and contribute to the growth and success of organizations.

CORPORATE GOVERNANCE BURSARIES FOR 2024-2025

Corporate governance is the systems of processes, practices and rules which a company is directed and controlled by. Corporate governance includes balancing the interests of customers, suppliers, shareholders, managers, financiers, community and government.
Unfortunately there are no bursaries available for Corporate Governance at the moment.

ECONOMICS BURSARIES FOR 2024-2025

Economics is indeed a vital field of study that plays a crucial role in understanding and analyzing the distribution, production, and consumption of goods and services within society. It provides valuable insights into decision-making processes and resource allocation, making it an essential discipline in various sectors, including business and management.

A degree in Economics equips individuals with valuable skills in statistics, mathematics, and analytical thinking, making them well-suited for a wide range of career opportunities. These careers can span across both the private and public sectors, offering diverse job roles and opportunities for specialization.

ENTREPRENEURSHIP BURSARIES FOR 2024-2025

If this sounds like a career path you would be interested in pursuing, you should apply for these Entrepreneurship Bursaries:

FISCAL AND PUBLIC POLICY BURSARIES FOR 2024-2025

Fiscal analysts gather financial data, this data is then compiled into a spreadsheet, and thereafter the analysis of financial activity for top level management. They assist with preparing reports, developing and monitoring budgets and tracking market trends, as well as analyzing company budget and financial activities and estimating upcoming income and expenses.
The average annual salary for a entry-level financial analyst is around R315 000, while the average annual salary for a professional financial analyst is around R360 000.
Unfortunately there are no bursaries available for Fiscal and Public Policy at the moment.

GENERAL COMMERCE BURSARIES FOR 2024-2025

Commerce is a fundamental aspect of our global economy, facilitating the exchange of goods and services among various economic entities. It plays a crucial role in improving people’s well-being by supplying essential products, services, and employment opportunities. Commerce is essential to society for numerous reasons, including:

Industrial Development: Commerce contributes to the growth of industries and businesses, fostering economic progress and innovation.
Meeting Consumer Demands: It addresses the evolving needs and demands of consumers by providing a wide range of products and services.
Income and Wealth Generation: Commerce contributes to the generation of income and wealth within a country, benefiting both individuals and the nation as a whole.
Raising the Standard of Living: By offering diverse products and services, commerce enhances the standard of living for individuals and communities.
Job Creation: It creates numerous job opportunities across various sectors, supporting livelihoods and economic stability.
Aids to Trade: Commerce involves auxiliary services such as banking, transportation, and technology, which facilitate efficient trade operations.
Producer-Consumer Relations: It establishes a vital link between producers and consumers, ensuring that goods and services reach those who need them.
International Trade: Commerce promotes global trade relationships, fostering economic growth and cultural exchange.
Boosting GDP: Developing countries benefit from increased GDP through active participation in commerce and trade activities.
Emergency Response: In times of crises, such as natural disasters, commerce helps supply essential resources to affected regions.

Qualifications in general commerce often fall under the umbrella of Economic Management Science (EMS). These qualifications encompass a broad range of fields related to commerce, including marketing. Some examples of EMS qualifications include:

Higher Certificates: Banking, Marketing, Tourist Management
Diplomas: Administrative Management, Marketing Management, Local Government Finance
Advanced Diploma: Tourism Management
Bachelor Degrees: Business Informatics, Financial Management, Transport and Logistics

Individuals who obtain qualifications in general commerce can pursue various career paths. Some potential career options include working in banking, insurance, investments, capital markets, company secretary roles, accounting and taxation, cost and work accountancy, actuarial sciences, and certified financial planning.

If you are seeking bursaries or funding opportunities in the general commerce sector, there are various options available to support your educational and career goals.

HUMAN RESOURCES BURSARIES FOR 2024-2025

National Student Financial Aid Scheme (NSFAS): NSFAS provides financial assistance to South African students who need help to cover the cost of their studies. While they primarily focus on undergraduate and TVET college students, they may offer funding for HR-related programs.

Public and Private Universities: Many universities in South Africa offer bursaries, scholarships, or financial aid programs for students pursuing HR degrees or related fields. You can check with the HR department of the university you plan to attend for information on available funding opportunities.

Professional HR Associations: Some professional HR associations offer scholarships or bursaries to students pursuing HR studies. For example, the South African Board for People Practices (SABPP) may have scholarship opportunities for HR students.

Government Departments: The South African government, through various departments, may offer scholarships or bursaries for students pursuing studies in fields related to HR, especially if there’s a need for skilled professionals in specific areas.

Employer Sponsorships: If you’re already employed or plan to work while studying HR, check with your current or potential employer to see if they offer any tuition assistance or sponsorship programs for HR-related qualifications.

Private Companies: Some private companies, especially those in industries that heavily rely on HR professionals, may offer bursaries or sponsorships to students in exchange for a commitment to work for the company for a specified period after graduation.

Online Scholarship Databases: Explore online scholarship databases and websites that list various scholarship opportunities available in South Africa. Websites like Bursaries South Africa, Bursary Network, and EduFunding can help you find relevant HR bursaries.

Local Government and Municipalities: Local government entities and municipalities may have scholarship or bursary programs to support students pursuing studies in fields that are relevant to their operations, including HR.

INVESTMENT BURSARIES FOR 2024-2025

Investment fund managers offer financial services and advice to both corporate and private clients on various investment matters, aiding clients in making optimal investment decisions. This includes activities such as buying and selling investment shares, trusts, and bonds.

Investment analysts provide financial advice, information, and recommendations to fund managers, stockbrokers, and stock market traders. They derive their insights from global investment data, contributing to informed investment decisions.

Average Annual Salaries in Investment Management:

Portfolio Manager (entry-level): R322,000
Investment Analyst: R303,000

Bursaries and Funding in the Investment Sector:

If you are seeking bursaries or funding opportunities in the investment sector, here are some options to consider.

MARKETING BURSARIES FOR 2024-2025

The primary goal of all employees in the marketing field is to maximize profits by developing and implementing sales strategies that align with customer needs and promoting these ideas, goods, or services to the public.

Marketing is a multifaceted activity that involves various processes, including communication, creativity, delivery, and the exchange of valuable offerings for a company’s customers, partners, clients, and society. Marketing research plays a crucial role in bridging the gap between marketers and their audience by using information to identify and create marketing opportunities, actions, performance, and processes. Marketing research collects data and information from society and clients, analyzing it to find the best possible solutions. Marketing is indispensable to society as it informs and educates consumers, enabling them to discover the best products or services to fulfill their needs. Additionally, marketing serves society by driving the marketing, production, and finance industries.

Qualifications and Careers in Marketing:

Qualifications that can be obtained in the field of marketing include a Bachelor’s/Honours/Master’s of Philosophy in Marketing, Postgraduate Diploma in Marketing Management, Bachelor’s of Commerce in Marketing Management Science, and Bachelor’s of Business Administration/Diploma/Higher Certificate in Marketing Management. Potential careers in marketing encompass roles such as Market Research Analyst, Digital Marketing Analyst, Social Media Marketing Manager, Product Marketing Manager, Brand Manager, and more.

Average Annual Salaries in the Marketing Sector:

Marketing Assistant: R124,000
Marketing Executive: R132,000
Marketing Coordinator: R173,000
Digital Marketing Manager: R300,000
Marketing Manager: R323,000
Online Marketing Manager: R330,000
Online Marketing Specialist: R540,000
Marketing Director: R790,000

Bursaries and Funding for the Marketing Sector:

If you are seeking bursaries or funding opportunities in the marketing sector, consider exploring the following options.

PURCHASING & BUYING BURSARIES FOR 2024-2025

Purchasing agents (also known as “buyers” or “purchasers”) are responsible for buying supplies for their company to use or resell to customers. Buyers or purchasers use their negotiation and persuasion skills to find the best deals.

If you are looking for bursaries or funding for the Purchasing and Buying sector, here are some options for you:

RISK MANAGEMENT BURSARIES FOR 2024-2025

Risk managers are responsible for advising companies of any potential risks to the existence or profitability of the company. Risk managers identify and assess risks, create plans to implement should things go wrong and find ways to reduce, transfer or avoid risks for companies.

If you are looking for bursaries or funding for the Risk Management sector, here are some options for you:

SALES & RETAIL BURSARIES FOR 2024-2025

Sales and retail encompass the acquisition of finished goods and services by both consumers and businesses to satisfy their needs and desires. These products and services represent the final stage of the supply chain, where retailers sell them to end-users. The supply chain process unfolds as follows: it commences with raw materials and commodities, which are then transformed by manufacturers into the products or services offered. Subsequently, these items progress to wholesale sales channels, where they are distributed to retailers. Ultimately, retailers make these goods and services available to consumers, thus concluding the supply chain.

Sales and retail hold immense significance for society, functioning as crucial economic indicators. A multitude of companies participate in sales and retail operations, as evidenced by the intricacies of the supply chain. Consequently, sales and retail play pivotal roles in maintaining societal functionality, ensuring the seamless flow of goods and services, and offering abundant employment opportunities.

While the retail sector typically demands fewer formal qualifications, an entry-level position may necessitate only a Higher Certificate in Retailing. Various job opportunities abound in the retail industry, ranging from Beauty Consultants, Buyers, and Cashiers to Customer Service Representatives, District Managers, and more.

Average annual salaries for employees in the Sales and Retail sector vary based on positions:

Retail Sales Assistant: R54,000
Sales Associate: R82,000
Sales Consultant: R100,000
Retail Store Manager: R130,000

Individuals seeking financial assistance or funding opportunities within the Sales and Retail sector have several options to explore.

TRANSPORT ECONOMICS BURSARIES FOR 2024-2025

Transport economics is a critical driver of our economy, although its impact may not always be immediately apparent. Every product we use and every person, whether for home, leisure, or work-related purposes, relies on transportation at some point in their lives. The transport sector plays a pivotal role in our economic landscape, requiring strategic financial solutions to address complex challenges like congestion, pollution, infrastructure deficits, and more. Transport economics, therefore, assumes the crucial responsibility of efficiently and effectively allocating limited resources within the transport sector and across other economic domains.

Prospective students interested in pursuing a career in transport economics can explore various qualifications and fields of study, including undergraduate degrees in air transport, sea transport, retail transport and pipelines, road transport, logistics systems, logistics activities, and more. Job opportunities in this field are diverse, with transport economists finding roles in government agencies, the private sector, and consulting firms serving private transport companies.

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