Absa BMI Bursary 2027, Requirements & Application

Key facts

Status
Applications open Closes 30 September 2026
Provider
Absa
Study level
Undergraduate, High school
Academic year
2027
Last checked
September 2026

Applications for the 2027 academic year are open and close on 30 September 2026 on the Absa careers portal.

Naledi KhumaloReviewed & verified by Naledi KhumaloSenior Admissions and Bursaries EditorVerified

Absa funds top Matriculants through North-West University’s Business, Mathematics and Informatics (BMI) programmes, the Potchefstroom and Vanderbijlpark degrees that train actuaries, data scientists, financial mathematicians and risk analysts. The bursary pays for everything from fees to a laptop and brings students into the bank for vacation work, making it one of the strongest routes into quantitative finance for school leavers.

About the Absa BMI Bursary

  • Programmes: actuarial science, business analytics and data science, financial mathematics and quantitative risk management at North-West University, Potchefstroom or Vanderbijlpark campus.
  • Covers registration and tuition fees, accommodation, textbooks and a laptop.
  • Includes mentoring by Absa staff and vacation work at the bank, with consideration for its graduate programme.

Absa BMI Bursary eligibility requirements

  • South African citizen, in Matric or with Matric.
  • At least 70% for Mathematics and 70% for English in Grade 11.
  • Enrolling, or applying, for a BMI programme at NWU Potchefstroom or Vanderbijlpark.
  • Preference for candidates from designated groups.

How to apply for the Absa BMI Bursary

  1. Apply to North-West University for a BMI programme.
  2. Go to the Absa careers portal at absa.africa/careers, search for the BMI bursary and complete the online application.
  3. Upload a certified ID, your final Grade 11 results, your Matric results if available and a motivation letter of no more than one page.
  4. Submit before 30 September 2026. Shortlisted candidates complete assessments and interviews.

Absa BMI Bursary closing date

30 September 2026 for the 2027 academic year.

Contact details

  • Absa head office: 011 350 4000
  • NWU BMI programme, Potchefstroom: 018 299 2591

Quantitative students should also apply to the Absa Fellowship, the Old Mutual actuarial bursary and the ABSIP STANLIB bursary.

FAQs

1. When does the Absa BMI bursary close for 2027? +
30 September 2026, through the Absa careers portal. Absa's general bursary programme for 2027 closed on 30 August 2026, so check which listing you are applying to.
2. What is the BMI bursary? +
Absa's bursary for the Business, Mathematics and Informatics (BMI) programmes at North-West University's Potchefstroom and Vanderbijlpark campuses, which train actuaries, data scientists, financial mathematicians and risk analysts for the bank.
3. Which programmes? +
Actuarial science, business analytics and data science, financial mathematics and quantitative risk management at NWU.
4. What does it cover? +
Registration and tuition fees, accommodation, textbooks and a laptop, with mentoring and vacation work at Absa.
5. Who qualifies? +
South African citizens in Matric or with Matric who scored at least 70% for Mathematics and 70% for English in Grade 11, and who are enrolling in a BMI programme at NWU Potchefstroom or Vanderbijlpark.
6. How do I apply? +
Online through the Absa careers portal, uploading a certified ID, your final Grade 11 results, Matric results if available and a one-page motivation letter.
Update note (checked September 2026): applications for the 2027 academic year are open and close on 30 September 2026 on the Absa careers portal. Absa’s separate general bursary programme for 2027 closed on 30 August 2026, so make sure you are applying to the BMI listing.

Checked the requirements and closing date? Apply directly with the provider.

Apply on the provider’s website

About Absa

Private company (banking and financial services)

Absa Bank Limited operates in South Africa as a wholly owned subsidiary of Absa Group Limited, which is listed on the JSE. The Absa Group reports a presence in 15 African countries, with offices in the United Kingdom…

Read the full Absa profile →
Address
Absa Towers West, 15 Troye Street, Johannesburg, 2001
Phone
0860 008 600
Email
absa@absa.co.za
Website
absa.co.za

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