Bank of Namibia Bursary 2024 (for Namibian students)

 

ABOUT THE BURSARY PROVIDER – BANK OF NAMIBIA

The Bank of Namibia (BoN) was established in 1990, and is the leading bank in the country of Namibia. Headquartered in Windhoek, BoN is the only institution mandated to issue the Namibian dollar with the authority bestowed by the Act of the Namibian Parliament.

Since 2002, BoN has granted many opportunities to the country’s youth, focusing on individuals who do not have the means to engage in further studies after Matric. Through this, BoN lives up to its vision of investing in the human capital and enhancing socio-economic development.

Through this, BoN hopes to become a Center of Excellence: a credible and professional institution working towards the interest of the public and supporting national economic development objectives.
 

ABOUT THE BANK OF NAMIBIA BURSARY PROGRAMME – FIELDS COVERED

Bank of Namibia is inviting students to apply for their bursary programme for the 2024 academic year. This bursary award is in accordance with the company’s commitment towards capacity development and its corporate social responsibility.

The bursary award is aimed at hardworking and deserving Namibian students, awarded based on merit. The bursary hopes to aid students who are engaging in academic fields of study that contribute to BoN’s mission of bridging the gap within the country’s job market.

The bursary will be awarded for studies in the following fields:
Undergraduate studies:

  • Bachelor of Accounting / CA
  • Bachelor of Computer Science (Cyber Security/ Artificial Intelligence/ Data Science)
  • Bachelor of Economics (Econometrics / Statistics / Mathematics)
  • Bachelor of Education (Mathematics/Sciences)
  • Bachelor of Finance / Quantitative Finance / Financial Technology
  • Bachelor of Industrial Engineering

Postgraduate studies:

  • Master of Economics (Macroeconomics, Microeconomics, Modeling)
  • Master of Data Science / Data Engineering
  • Master of Artificial Intelligence / Machine Learning / Robotics
  • Master of Science or Law in Oil & Gas / Renewable Energy

This bursary forms part of BoN’s Corporate Social Responsibility and Investment, led by its mandate and contribution to national development as a leading corporate citizen.

www.zabursaries.co.za is committed to keeping you up to date with the latest bursary opportunities, and this article covers all details about the Bank of Namibia Bursary.
 

** RELATED BURSARIES **

 

ELIGIBILITY REQUIREMENTS FOR THE BON BURSARY

Applicants must satisfy the following minimum entry criteria before applying (please note that failure to satisfy all the requirements will lead to your application not being considered):
Undergraduate studies:

  • You must be a Namibian citizen
  • You must intend on studying within one of the aforementioned fields of study
  • You must be accepted into/ have provisional acceptance into a recognized Namibian tertiary institution
  • You must be entering your 1st year of study in 2024
  • You must have completed/ be completing Grade 12/ AS Level examinations
  • You must demonstrate strong academic ability
  • You must plan to engage in undergraduate studies at a recognised Namibian university and other countries within the SADC region

Postgraduate studies:

  • You must be a Namibian citizen
  • You must intend on studying within one of the aforementioned fields of study
  • You must be accepted into/ have provisional acceptance into a recognized Namibian tertiary institution
  • You must be entering Masters studies in 2024
  • You must demonstrate strong academic ability
  • You must plan to engage in postgraduate studies at a recognised Namibian university and other countries within the SADC region

 

HOW TO APPLY FOR THE BANK OF NAMIBIA BURSARY

Applications must be submitted online at:
Undergraduate students: Bank of Namibia Bursary Application 2024
Postgraduate students: Bank of Namibia Bursary Application 2024

Enter “www.zabursaries.co.za” in the field asking how you heard about the Bank of Namibia Bursary.
 

The selection process works as follows:
1. Apply for the bursary and make the submission.
2. Submit the following documents: proof of identity, proof of provisional acceptance at a recognized tertiary institution and 2022/23 grade 12 or AS Level examination results (undergraduate applicants) or certified copy of a relevant undergraduate degree and an academic record (postgraduate applicants).
3. You will then receive a notification of the receipt of your application and that the application is under review.
4. The Bank of Namibia will then conduct a shortlisting process whereby candidates will be screened and selected against various criteria and minimum requirements.
5. The shortlisted candidates will then need to engage in a means test, aimed at assessing their financial affordability.
6. Successful applicants who meet the requirements of the means test will then be called in for an interview.
7. Based on integrated feedback, a preliminary offer will then be made to the successful applicant. It’s important to note that this offer will depend on the candidate’s final Grade 12 results, proof of acceptance into an undergraduate degree/ qualification at a registered university of the Council of Higher Education/ university of technology.
 

Please note:

  • Only shortlisted candidates will be contacted.
  • Documents will NOT be returned to unsuccessful candidates.
  • Bursaries are offered at the sole discretion of BoN.
  • Any decision made by BoN is final.

 

CLOSING DATE FOR THE BON BURSARY

31 October 2023.
(Applications submitted after this date will not be accepted – please apply before the closing date to ensure your application is considered.)
 

CONTACT THE BURSARY PROVIDER

For any queries related to this bursary programme, please contact Bank of Namibia directly:
Email: bursaries@bon.com.na
 

Please do NOT contact Bank of Namibia if this bursary has already closed. View our other bursaries open for application here: https://www.zabursaries.co.za/bursary-news/

This bursary listing was last updated in September 2023.

SA Bursaries wishes you the best of luck with your application! Please remember to SHARE this page with anyone you know who may be in need of bursary funding.