Momentum Metropolitan Actuarial Science Youth Bursary 2024: Available in 2 Locations

About Momentum Metropolitan
Metropolitan stands as a prominent financial services institution in South Africa, boasting a rich history dating back to its establishment in 1899. Over the span of 116 years, Metropolitan has been dedicated to serving the communities it operates in, becoming a symbol of genuine empowerment. Its mission revolves around providing accessible and affordable financial solutions, empowering Africa’s people with the means to achieve financial prosperity and security for their families and businesses.

At the core of Metropolitan’s offerings are tailor-made financial wellness solutions that cater to the specific needs of low-income consumers. These solutions encompass a diverse range of services, including burial insurance, health insurance, savings options, hospital cash-back coverage, retirement solutions, and life insurance, among others. With a keen focus on meeting the needs of individuals from all walks of life, Metropolitan endeavors to empower its clients and provide them with the tools to navigate their financial journey with confidence. Their expansive footprint enables Metropolitan to make a significant impact across various regions.

About the Momentum Metropolitan Actuarial Science Youth Bursary 2024
Momentum Metropolitan is currently offering a bursary programme for candidates keen on obtaining financial aid in the education field of Actuarial Science. The Momentum Metropolitan Actuarial Science Youth Bursary recognizes the importance of possessing the right skills and competencies in an industry where excellent service sets individuals apart. Hence, we place great emphasis on continually developing our employees and fostering an environment where learning and skill enhancement are prioritized.

Through our bursary program, eligible external youth candidates are offered a chance to concentrate on their studies without being burdened by the financial costs of university education. This program positions you to excel and reach your ultimate aspiration of becoming a certified actuary.

As a bursary recipient, you will be required to perform the following duties:

  • Complete the qualification within the specified time frame set by the University, adhering to the agreed-upon timelines when the bursary was granted
  • Ensure successful completion of all subjects in each academic year
  • Fulfill the course entry requirements for the Actuarial degree’s subsequent academic year
    Provide Momentum Metropolitan with copies of academic results/records in July and December every year
  • Submit copies of tuition fees, accommodation and meal expenses, and any other Bursary-related costs to Momentum Metropolitan
  • Graduate with a minimum of 4 Exemptions upon completion of the Actuarial degree
  • Demonstrate a commitment to making a positive impact in the Actuarial Profession and prepare to join Momentum Metropolitan upon graduation.

Additionally, successful bursars will be entitled to the following items:

  • Have your annual registration costs covered
  • Receive financial support for tuition fees
  • Benefit from accommodation and meal expenses in residence
  • Be provided with an allowance for prescribed textbooks
  • Receive a travel allowance (for return flights if studying outside your hometown)
  • Receive a pocket money allowance
  • Receive academic and social support, including mentor support and/or vacation work opportunities.

The Momentum Metropolitan Actuarial Science Youth Bursary is currently available in these locations:

  • Cape Town (Ref. No. MMH230710-13)
  • Centurion | Sandton (Ref. No. MMH230619-5)

Eligibility Criteria
If you’re certain of joining the Momentum Metropolitan Actuarial Science Youth Bursary, feel free to sign up! If you are still unsure whether you’d make a good fit, don’t worry. All you have to do is check the requirements below and re-check your qualifications with the selection committee’s standards. If you’d like to stand a chance of acceptance, make sure you fulfill all of the criteria that are mentioned. Failure to do so might not get you automatically disqualified, but it could reduce your chances of acceptance.

The Momentum Metropolitan Actuarial Science Youth Bursary Eligibliity Criteria are as follows:

  • Enroll in any of the following qualifications at an accredited South African university:
    • BSc Actuarial Science
    • BBus Science Actuarial Science
    • BCom Actuarial Science
    • BSc Actuarial and Financial Mathematics
  • Ensure successful completion of first-year actuarial studies
  • Maintain a minimum grade point average (GPA) of 70% or higher in previous years of study
  • Ensure that you are not a recipient of any other bursary funding for the 2024 academic year
  • Show enthusiasm and passion for the actuarial profession
  • Demonstrate effective communication skills (both written and verbal)
  • Exhibit strong problem-solving abilities
  • Be organized, self-disciplined, and self-motivated
  • Show a strong sense of integrity and honesty
  • Be deadline and results oriented.

Application Instructions
Apply online Momentum Metropolitan Actuarial Science Youth Bursary 2024 at:

For seamless access to the aforementioned web address (see above), it is highly recommended to utilize Google Chrome as your web browser. This browser is known for its compatibility and optimized performance, ensuring a smooth application process.

In order to participate in this opportunity, candidates are required to create a dedicated account on the application portal. Throughout the registration procedure, it will be essential to log into this account for ease of submission and to keep track of any updates or notifications.

To safeguard the integrity and confidentiality of your account, it is crucial to exercise caution and never divulge your account information, especially your password, to anyone else. Your account holds sensitive data, and sharing such details could compromise the security of your application.

The selection committee, which includes you as an applicant, will collectively review each submission with meticulous attention. Rest assured that any information you provide will be treated with the utmost confidentiality, adhering to strict privacy measures.

By submitting your applications, you grant the selection committee permission to utilize your personal information solely for the purpose of registering you for the event. The committee is committed to using this information responsibly and only in connection with the selection process.

It is imperative that candidates utilize the designated website link provided above to submit their applications. Attempting to send application materials through alternative means, such as hand delivery or fax, will not be accepted by the selection committee.

Closing Date
Applications for the Momentum Metropolitan Actuarial Science Youth Bursary must be submitted before the closing date on 31 July and 31 August 2023.

The selection committee has a strict policy of not accepting late applications. Any submissions received after the closing date will not be considered during the registration period.

Applicants are strongly encouraged to submit their applications promptly. Doing so will allow sufficient time for a thorough evaluation of their contents. Please prepare and submit your applications as soon as possible.

Momentum Metropolitan retains the authority to decide whether to proceed with an appointment or not during the recruitment process. All decisions made by the selection committee are conclusive and final.

Committee Details
Do you have a question regarding the Momentum Metropolitan Actuarial Science Youth Bursary? Don’t hesitate to ask! Feel free to send in your enquiries and concerns to the contact person below:

Email address: [email protected]


  1. I’m in really need of studying and this is perfect for to start of at.
    Doing helps my way of communicating at a extra level this please.
    My trust and honestly is like my passion for studyin.

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