Let’s go corporate! A guide to corporate funding!
All you need to know about private bursaries
Corporate funding is highly underrated – there are many misconceptions regarding businesses providing students with bursaries so the purpose of this article is to debunk the myths and settle any and all doubts you might have.
Myth #1: You haveto work for the company after graduation
This is a fact. The majority of corporate bursaries and scholarship programs are often tied to recruitment, as companies pay for your studies in order to develop specific skills that they are in need of. For example, British American Tobacco fund students who are in their final year of study and/or wanting to do post grad under the condition, that they come and work for B.A.T. after graduation.
Myth #2: If I am a BA student, no company will fund me – only Science/Economics students are granted corporate bursaries
This is not true. There are many companies who are interested in BA students and what they can offer the company. Having said that though, there are more bursaries that cater for the science/finance/engineering students and yes, this can be disheartening but do not worry, there are companies that offer bursaries for students who have a different set of skills like these ones for example.
- British American Tobacco
- Media 24 Naspers (postgrad journalism at Stellies, NWU, Wits or Rhodes only)
*Below you will find a list of all the bursaries available for different career paths*
Myth #3: I will only receive a bursary if I am a top student
Yes, students with better grades are more likely to be granted a bursary because if a company is investing in your studies, they want the best results for their money – that goes without saying. But, there are many companies who do not take grades into account – instead, they look at financial difficulties, physical disability or disadvantaged backgrounds.
These are the top three myths that often deter students from applying for corporate funding but do not allow this to stop you from following your passion. There will always be someone who will believe in your dream and who will be willing to make that dream a reality but it is for you to not stop looking. If that means applying for every bursary available, then so be it – give it your all – it will be worth it in the end.
Please find below a list of bursaries available:
Please note that this is just a handful of the most popular bursaries available – there are heaps more that you can apply for. For this one, Google is your BFF!
The following bursaries are available for Accounting students:
NB! Auditing, Chartered Accounting, Finance and Financial Management and General Accounting all fall under the ‘Accounting’ umbrella
Art bursaries fund courses such as dance, theatre, fashion, music and performing arts.
Commerce bursaries fund courses such as business management, human resources, investment and marketing.
Computer Science and IT Bursaries
Students who intend to study Computer Science and related fields such as Multimedia, Design and Gaming, can apply for a Computer Science or IT bursary.
Construction and Built Environment Bursaries
Construction includes the built environment, Quantity Surveying and Regional Planning.
Education bursaries are available to students who intend on studying any education phase. This includes foundation, intermediate and senior phase.
The study of engineering includes Electrical, Civil, Mechanical Engineering and Mine Surveying.
General bursaries includes various fields such as the Journalism, Public Relations, Social Work, Media and Communications and Hospitality.
Government bursaries provided in South Africa are from various provinces such as the Eastern Cape, Western Cape, Gauteng and KwaZulu-Natal.
Law bursaries include general law such as litigation, human rights and criminal law.
MBA and Postgraduate Bursaries
MBA and Postgraduate bursaries fund Doctoral, Honours, Masters, PhD or Postgraduate studies.
Medical bursaries are available for students pursuing a career in dentistry, healthcare, pharmacy, radiography and Occupational Therapy.
Science bursaries fund a range of courses such as Marine Biology, Applied Mathematics, Statistical Science and Hydrology.