Are you passionate about numbers and solving complex problems? Do you dream of becoming a skilled actuary, making significant contributions to the financial world? Momentum Metropolitan Holdings is here to help you achieve your goals with their esteemed bursary programme for the 2025 academic year. This blog post will guide you through the process of applying for the Momentum Metropolitan Bursary, ensuring you have all the information you need to submit a successful application.
About the Bursary Provider – Momentum Metropolitan
Momentum Metropolitan Holdings, previously known as MMI Holdings Limited (MMI), is a prominent financial services group based in South Africa. Listed on both the Johannesburg Stock Exchange (JSE) and the Namibian Stock Exchange (NSX), the group operates in 14 countries, including Namibia, Botswana, Zambia, Swaziland, Mauritius, Nigeria, Lesotho, Ghana, Kenya, Guernsey, Gibraltar, and the UK.
The company provides a comprehensive range of services such as short-term insurance, long-term insurance, investments, savings, asset management, and employee benefits. The group’s brands include Momentum, Metropolitan, Multiply, and Guardrisk, each offering tailored financial solutions to clients.
About the Momentum Metropolitan Bursary Programme – Fields Covered
Momentum Metropolitan is inviting students to apply for their bursary programme for the 2025 academic year. The bursary is aimed at students pursuing a career in Actuarial Science, specifically in the following fields:
- BBus Science Actuarial Science
- BCom Actuarial Science
- BSc Actuarial Science
- BSc Actuarial and Financial Mathematics
Through this bursary programme, Momentum Metropolitan aims to alleviate the financial burden of university education for bright and talented students, allowing them to focus on their studies and excel academically.
Bursary Coverage, Benefits, and Obligations
The Momentum Metropolitan Bursary covers a wide range of expenses, including:
- Annual registration fees
- Tuition fees
- Meals
- Accommodation
- Allowance for prescribed textbooks
- Travel allowance (for return flights if studying outside of your hometown)
- General allowance
- Data allowance
In addition to financial support, bursary recipients will receive mentorship, academic and social support, and opportunities to participate in vacation work.
Obligations for Bursary Recipients
Bursary recipients are expected to meet the following obligations:
- Complete your qualification within the allocated time
- Pass all subjects/modules registered for
- Meet the course entry criteria for the next academic year of the Actuarial degree
- Submit copies of academic results/records to Momentum Metropolitan in July and December each year
- Submit copies of invoices for tuition, accommodation, meals, and other bursary-related expenses to Momentum Metropolitan
- Graduate with at least four exemptions by the end of the Actuarial degree
- Make a positive contribution to the Actuarial Profession and join Momentum Metropolitan upon graduation
Eligibility Requirements for the Momentum Metropolitan Bursary
To apply for the Momentum Metropolitan Bursary, applicants must meet the following criteria:
- Be a South African citizen
- Have completed Matric
- Be studying full-time towards one of the Actuarial Science qualifications listed above
- Have completed your 1st year of study
- Have achieved a minimum overall average of 70%
- Be studying at a recognised and accredited tertiary institution in South Africa
- Not be receiving any other bursary funding for the 2025 academic year
- Have a passion for numbers and the actuarial profession
- Possess good communication skills (written and verbal)
- Have strong problem-solving abilities
- Be organised, self-disciplined, and self-motivated
- Have a strong sense of integrity and honesty
- Be deadline and results-oriented
How to Apply for the Momentum Metropolitan Bursary
Applications for the Momentum Metropolitan Bursary must be submitted online. Follow these steps to apply:
- Register an account at the Momentum Metropolitan Bursary Application 2025 portal (Reference Number: MMH240624-4).
- Login and complete the online application form.
Submit clear copies of the following supporting documentation along with your completed application (note that the submission of these documents is compulsory – if any items are missing, your application may be disqualified):
- Certified copy of your ID document
- Certified copy of your full academic record
- Motivational letter (read our tips on how to write a motivational letter for your bursary application)
- Curriculum Vitae (CV)
Closing Date for the Momentum Metropolitan Bursary
The closing date for the Momentum Metropolitan Bursary is 31 August 2024. Applications submitted after this date will not be accepted, so make sure to apply before the deadline to ensure your application is considered.
Contact the Bursary Provider
For any queries related to this bursary programme, please contact Momentum Metropolitan directly:
- Contact Person: Farieda Khalfey
- Email: [email protected]
Take this opportunity to secure financial support for your studies and pave the way for a successful career in Actuarial Science with the Momentum Metropolitan Bursary. Apply now and take the first step toward a brighter future.
