{"id":18,"date":"2026-03-10T14:56:06","date_gmt":"2026-03-10T14:56:06","guid":{"rendered":"https:\/\/bursariesafrica.co.za\/learnerships\/?page_id=18"},"modified":"2026-09-18T01:23:06","modified_gmt":"2026-09-18T01:23:06","slug":"old-mutual-learnerships","status":"publish","type":"page","link":"https:\/\/www.bursariesafrica.co.za\/learnerships\/old-mutual-learnerships\/","title":{"rendered":"Old Mutual Learnerships: Inside the Amathuba Programme"},"content":{"rendered":"\n<p>Old Mutual does not advertise a scatter of different learnerships. It runs one, called <strong>Amathuba<\/strong>, aimed squarely at matriculants with no work experience, and it fills a single cohort a year. Knowing that changes how you apply: there is one window to catch, one set of marks to meet, and a selection process that runs longer than most people expect.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Amathuba actually is<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Twelve months<\/strong> of in-house training and workplace exposure across different parts of the business.<\/li>\n\n\n\n<li><strong>A Wealth Management qualification at NQF Level 4<\/strong>, which Old Mutual describes as FSP recognised.<\/li>\n\n\n\n<li><strong>Exposure to several career paths<\/strong> inside a financial services group, rather than one fixed job title.<\/li>\n\n\n\n<li><strong>Work on products, legislation and community projects<\/strong>, so you leave with something concrete to talk about in an interview.<\/li>\n<\/ul>\n\n\n\n<p>FSP recognition is the part school leavers underestimate. A Financial Services Provider must use staff whose qualifications are recognised for the advice and products they handle, so this certificate is a licence-side credential, not just a certificate of attendance. It is what lets you move between insurers, brokers and banks afterwards.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The marks Old Mutual asks for<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Requirement<\/th><th>What the programme states<\/th><\/tr><\/thead><tbody><tr><td>Citizenship and age<\/td><td>South African citizen aged between 18 and 30<\/td><\/tr><tr><td>Employment status<\/td><td>Unemployed, and not studying toward another qualification at another institution<\/td><\/tr><tr><td>Previous learnerships<\/td><td>You may not have done a Wealth Management NQF 4 learnership before<\/td><\/tr><tr><td>School result<\/td><td>Passed Grade 12, or an NQF Level 4 equivalent<\/td><\/tr><tr><td>English<\/td><td>50% or more<\/td><\/tr><tr><td>Second language<\/td><td>50% or more in an official second language<\/td><\/tr><tr><td>Mathematics<\/td><td>50% or more in Pure Mathematics, or 50% or more in Mathematical Literacy<\/td><\/tr><tr><td>Availability<\/td><td>Able to start on the date the cohort begins<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>Mathematical Literacy at 50% is accepted. That single line matters, because plenty of people who assume financial services is closed to them without Pure Maths are in fact eligible.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">How selection runs, stage by stage<\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Apply online<\/strong> with your CV, a one-page CV, your certified Matric results and your ID.<\/li>\n\n\n\n<li><strong>Psychometric assessment.<\/strong> Shortlisted applicants are sent a link to complete assessments through Odyssey.<\/li>\n\n\n\n<li><strong>One-way video interview.<\/strong> Those who progress record answers through Wamly, in their own time, with no interviewer on the call.<\/li>\n\n\n\n<li><strong>Meet and greet.<\/strong> A coffee chat with the teams, which is as much about you deciding as them.<\/li>\n\n\n\n<li><strong>Offers<\/strong> go out shortly before the cohort starts.<\/li>\n<\/ol>\n\n\n\n<p>Two of those stages catch people out. A one-way video interview feels unnatural, so record a practice answer on your phone first and watch it back. And the assessments are timed, so do them somewhere with a stable connection rather than on the last evening before they expire.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The 2026 cycle, as a guide to timing<\/h2>\n\n\n\n<p>The most recent intake closed applications on 7 September 2026 at 23:59, with offers going out by the end of September and the cohort starting on 1 October 2026. Old Mutual publishes the next window on the same <a href=\"https:\/\/www.oldmutual.co.za\/careers\/amathuba-learnership\/\" target=\"_blank\" rel=\"noopener\">Amathuba learnership page<\/a>, so if you are reading this after that date, the practical move is to check the page monthly from the middle of the year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What you will be paid<\/h2>\n\n\n\n<p>Old Mutual does not publish the Amathuba allowance. What it may not do is pay below the legal minimum for a learner at your credit level, which for an NQF 4 programme starts at R455 a week. See <a href=\"https:\/\/www.bursariesafrica.co.za\/learnerships\/\">the full table<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The other routes into Old Mutual<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Bursaries and graduate programmes<\/strong>, listed on the <a href=\"https:\/\/www.oldmutual.co.za\/careers\/\" target=\"_blank\" rel=\"noopener\">Old Mutual careers site<\/a> for people already studying or already qualified.<\/li>\n\n\n\n<li><strong>Personal Financial Advice.<\/strong> Old Mutual recruits advisers separately and advertises training allowances during the first months, with earnings tied to commission afterwards. It is a sales career, not a learnership, and it suits very different people.<\/li>\n\n\n\n<li><strong>Contact centre roles<\/strong>, which are advertised as ordinary jobs and are a realistic second door if you miss the Amathuba window. Compare that with <a href=\"https:\/\/www.bursariesafrica.co.za\/learnerships\/yes-learnerships\/\">a YES placement<\/a>.<\/li>\n<\/ul>\n\n\n\n<p>If financial services is the goal but Old Mutual is the only door you have tried, <a href=\"https:\/\/www.bursariesafrica.co.za\/learnerships\/capitec-learnerships\/\">Capitec<\/a> recruits for branch service work on a different cycle, and <a href=\"https:\/\/www.bursariesafrica.co.za\/learnerships\/learnership-jobs\/\">the sector guide<\/a> shows who else takes entry-level learners.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently asked questions<\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1790900000018\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What qualification does the Old Mutual learnership give you?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>A Wealth Management qualification at NQF Level 4, which Old Mutual describes as FSP recognised, so it counts toward the requirements a financial services provider must meet for its staff.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1790900000019\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What marks do I need for the Amathuba learnership?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Grade 12 or an NQF 4 equivalent, with at least 50% for English, at least 50% for an official second language, and at least 50% for either Pure Mathematics or Mathematical Literacy.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1790900000020\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Can I apply if I am 31?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No. The programme states an age range of 18 to 30 at application.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1790900000021\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">How long does the Old Mutual selection process take?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Expect several weeks. After the closing date come psychometric assessments, a one-way video interview and a meet-and-greet before offers are made, usually shortly before the cohort starts.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1790900000022\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Does Old Mutual charge anything to apply?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No. Applications go through its own careers site and nothing is payable at any stage.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Old Mutual does not advertise a scatter of different learnerships. It runs one, called Amathuba, aimed squarely at matriculants with [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_ba_keyfacts":"","_ba_provider_contact":"","_ba_provider_name":"","_ba_provider_type":"","_ba_provider_cat":"","_ba_writer":"thabo-mokoena","_ba_reviewer":"naledi-khumalo","iawp_total_views":61,"footnotes":""},"class_list":["post-18","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.bursariesafrica.co.za\/learnerships\/wp-json\/wp\/v2\/pages\/18","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bursariesafrica.co.za\/learnerships\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bursariesafrica.co.za\/learnerships\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bursariesafrica.co.za\/learnerships\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bursariesafrica.co.za\/learnerships\/wp-json\/wp\/v2\/comments?post=18"}],"version-history":[{"count":4,"href":"https:\/\/www.bursariesafrica.co.za\/learnerships\/wp-json\/wp\/v2\/pages\/18\/revisions"}],"predecessor-version":[{"id":146,"href":"https:\/\/www.bursariesafrica.co.za\/learnerships\/wp-json\/wp\/v2\/pages\/18\/revisions\/146"}],"wp:attachment":[{"href":"https:\/\/www.bursariesafrica.co.za\/learnerships\/wp-json\/wp\/v2\/media?parent=18"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}