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Actuarial Bursary Programme at Metropolitan
May 22, 2015 Bursaries

Metropolitan, the third-largest life insurer in South Africa, is offering bursaries to ensure that highly self-motivated achievers are given the opportunity to realise their career ambitions in life insurance. Metropolitan provides market-leading actuarial bursaries to students studying towards a degree in actuarial science.

The programme considers applications for bursaries (for a maximum period of four years) from students who intend following or who are already following an appropriate Bachelor degree with a view to an actuarial career.


  • Applicants for the bursary must generally have obtained well over 85% (Level 6 or above) for mathematics, mathematics 3 and/Additional mathematics and at least two A symbols in other related subjects in their final matriculation examination, or most recent two examinations if the former is not yet available.
  • Current Bachelor degree students should meet the above requirements and must also submit evidence of their academic progress to date at the university.

Value of bursary

The annual amount of the bursary is equal to the total cost of registration and tuition fees and levies; universities residence fees, or the equivalent if the student boards privately (students choosing to board privately must obtain Metropolitan’s approval); and a textbook and incidental expenses allowance. In addition, the student can qualify during his/her study course for incentive payments for outstanding achievement in specific subjects selected by Metropolitan.


Metropolitan is usually prepared to employ and remunerate the bursars during the summer holidays at the Metropolitan Head Office in Cape Town, to enable the student to gain practical experience.

How to apply

The closing date for applications is 30 June 2015. Click here to apply

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