Old Mutual Investment Group Imfundo Trust Scholarship 2025: Your Complete Guide

If you’re a high-achieving student with a passion for finance, investment, or the broader business world, the Old Mutual Investment Group Imfundo Trust Scholarship might just be your golden ticket to academic and career success.

This scholarship is more than just financial assistance—it’s a direct bridge to one of South Africa’s most respected investment companies, giving you financial support, mentorship, and career opportunities.

In this guide, we’ll unpack everything you need to know—from eligibility criteria and benefits, to application tips and key dates—so you can submit a winning application.

About Old Mutual Investment Group

The Old Mutual Investment Group (OMIG) is part of Old Mutual, one of Africa’s largest and oldest financial services companies, established in 1845. OMIG focuses on creating long-term value for its clients through responsible investing.

You can learn more about their commitment to responsible investment on their official site here: Old Mutual Investment Group.

The Imfundo Trust Scholarship is a reflection of OMIG’s mission to invest in the future of South Africa—by empowering the next generation of finance and investment leaders.

What is the Imfundo Trust Scholarship?

The Imfundo Trust is a bursary fund established by Old Mutual Investment Group to support black South African students in their academic journey—specifically in fields linked to investment management, finance, economics, and accounting.

The word “Imfundo” means education in isiZulu, perfectly summarising the scholarship’s core aim: providing educational opportunities for talented individuals from disadvantaged backgrounds.

Who Can Apply? – Eligibility Criteria

Before you get too excited and start filling out your application, let’s make sure you tick all the right boxes.

You should be:

A South African citizen
Black (African, Coloured, or Indian) as per the BBBEE Act
Studying or planning to study full-time at a South African university
Pursuing a degree in one of these fields:
- Investment Management
- Finance
- Economics
- Accounting
- Actuarial Science
- Law (with a focus on investment/finance)
Achieving a minimum overall average of 65% in your studies
From a financially disadvantaged background

What Does the Scholarship Cover?

This is not just a “cover your tuition and good luck” kind of scholarship. The Imfundo Trust Scholarship offers a comprehensive package, including:

Tuition fees – Paid directly to your university.
Accommodation costs – Either in residence or approved private housing.
Prescribed textbooks and learning materials – So you can focus on learning, not stressing about book prices.
Living allowance – To help cover your day-to-day needs.
Mentorship and career guidance – Access to professionals in the investment and finance industries.

Why This Scholarship is Special

Many bursaries provide money, but OMIG takes it a step further by connecting you with networking opportunities, internships, and graduate programs within the company.

This means your scholarship could turn into a full-time job offer when you graduate—a huge advantage in South Africa’s competitive job market.

Application Process – Step by Step

Here’s how you can apply for the Old Mutual Investment Group Imfundo Trust Scholarship:

Step 1: Prepare Your Documents

You’ll need:

A certified copy of your ID
Certified copies of your latest academic transcripts
Proof of university acceptance or registration
Proof of household income (salary slips or affidavit)
A well-written motivation letter

(Tip: Read our guide on writing a winning motivation letter for bursaries here.)

Step 2: Apply Online

Applications are done via Old Mutual’s official careers and scholarships page.
Visit: Old Mutual Careers for the latest application link.

Step 3: Shortlisting & Interviews

If you’re shortlisted, you might be invited to an interview or assessment. This is your chance to show passion, ambition, and knowledge about finance and investment.

Step 4: Final Selection

Successful candidates will be contacted via email or phone, and you’ll receive your bursary contract to sign.

Key Dates for 2025 Applications

While dates may vary slightly each year, applications usually open around June/July and close in September.
To avoid missing out, keep checking:

Tips to Boost Your Chances

Getting a competitive scholarship like the Imfundo Trust isn’t just about meeting the minimum requirements. Here’s how to stand out:

1. Highlight Your Leadership Skills

Scholarship committees love candidates who show initiative—whether it’s in school clubs, community service, or projects.

2. Show Passion for Finance & Investment

Mention any investment-related courses, competitions, or self-learning you’ve done.

3. Keep Your Grades Consistently High

Don’t let your marks slip before or during the application process.

4. Write a Powerful Motivation Letter

Explain not just why you need the money, but why you’re the perfect candidate. Share your vision for contributing to South Africa’s economy.

5. Apply Early

Submitting early reduces the risk of missing deadlines and shows you’re organised.

Why Finance & Investment Bursaries Matter in South Africa

The finance sector is a critical pillar of South Africa’s economy. Scholarships like the Imfundo Trust are helping to bridge the gap by bringing in talented young professionals from historically disadvantaged backgrounds.

If you’re exploring other opportunities too, check out our full list of South African Bursaries for Finance Students.

Frequently Asked Questions (FAQ)

1. Can I apply if I’m in my first year?
Yes, as long as you meet the eligibility criteria.

2. Do I have to work for Old Mutual after graduation?
Not always, but many scholarship recipients do join Old Mutual through graduate programs.

3. Is this scholarship renewable each year?
Yes, provided you maintain good academic performance.

Final Thoughts

The Old Mutual Investment Group Imfundo Trust Scholarship is more than just funding—it’s a career accelerator. If you’re serious about finance, economics, or investment management, this could be your launchpad to a successful future.

Remember, opportunities like this are competitive, so start preparing your application now. And if you need more guidance, you can explore similar bursaries and application tips on Bursaries Mzansi.

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