SARB MSc Scholarship Programme 2024
The South African Reserve Bank (SARB) is inviting prospective Master’s degree in Data Science and Machine Learning students to apply for a full scholarship for the 2024 academic year.
The purpose of the SARB MSc Scholarship Programme 2024
The SARB, as part of addressing the severe shortage of skills in South Africa, provides scholarships and bursaries to students in relevant fields of study who are from disadvantaged backgrounds.
In support of the corporate social initiatives of the SARB and its External Bursary Scheme, a number of external scholarships and bursaries are made available annually to qualifying prospective postgraduate students.
The SARB, in collaboration with the Data Science Academic Committee of the National Graduate Academy for Mathematical and Statistical Sciences (NGA(MaSS)), hereby invites prospective Master’s degree students to apply for competitive SARB bursaries in the fields of Data Science, Machine Learning and Artificial Intelligence, with specific reference to financial analytics.
Requirements to qualify for the SARB MSc Scholarship Programme 2024
For students to be considered for the scholarship, they have to meet the following requirements:
- provisional acceptance into one of the identified Master’s programmes;
- modules selected must include financial analytics topics;
- a relevant Honours degree with an average of at least a 65% overall pass mark;
- be a full-time student;
- be a South African citizen; and
- be younger than 35 years.
As part of the acceptance criteria of the scholarship, students might be expected to attend specific workshops, as required by the SARB and the NGA(MaSS).
A a list of institutions and programmes that the scholarship will cover is provided in the next column.
Acceptance into one of the following Master’s programmes/institutions will be considered:
Institution: North-West University (NWU)
Programme: MSc (Business, Mathematics and Informatics)
Institution: University of the Western Cape
Programme: MSc (Statistical Science with specialisation in Data Science) (in collaboration with the NWU Centre for Business Mathematics and Informatics® (BMI))
Institution: University of the Witwatersrand (Wits), University of Pretoria (UP), NWU, universities of Venda, Limpopo, Sol Plaatje
Programme: MSc (eScience)
Institution: Stellenbosch University
Programme: MSc (Machine Learning and Artificial Intelligence)
Institution: Stellenbosch University
Programme: MCom (Financial Risk Management)
Institution: University of KwaZulu-Natal
Programme: MSc (Data Science)
Programme: MIT (Big Data Science)
Institution: University of Cape Town
Programme: Master’s degree (Analytics or Data Science)
Programme: MCom (Advanced Data Analytics)
How to apply – SARB MSc Scholarship Programme 2024
The closing date for the submission of applications is Thursday, 30 November 2023. Late applications will not be considered.
Examination results, proof of acceptance at a recognised institution (a student number) and any other supporting documents must be submitted with the application. Use PROMO CODE: SARB DSM24
Online applications: https://careerwise.co.za/bursaries/online-application/applicant-registration/
Submission of examination results by bursary holders
Bursary holders will be required to submit their examination results before Sunday, 31 December 2023, regardless of whether they will be awarded a bursary for the following year or not.
Potential external bursars will be required to avail themselves for interviews. Successful applicant(s) for the scholarship will be expected to sign an agreement with the SARB.
Deadline: Thursday, 30 November 2023