About SA Reserve Bank learnership Programme
South African Reserve Bank every invites unemployed graduates who have the necessary qualifications to apply for the learnership programme. SARB offers young talented graduates these learnership opportunities to build them and also to prepare them for their career field within the banking industry. Only talented candidates will be selected. If you see yourself working within the banking industry this learnership could be appropriate for.
The SARB is known to be the central bank and was recognized in 1921 by Parliament to bring stability to the financial state of the country after World War 2. It was said to be the 4th Central Bank that was formed outside of Europe and UK. Since then it has grown in strength, it is governed by a board of directors. This bank is privately owned by shareholders. The current shareholders amount to about 660. The main objective of the SARB is to safeguard the currency of South Africa, to keep a balance and ensure economic growth.
With this learnership program selected candidates will have an opportunity to enhance their knowledge and skills in the world of banking. Successful or candidates who manage to complete this learnership opportunity may be offered a permanent contract of employment. Successful candidates will be given a graduation ceremony where their parents and other staff could come and witness how far they have excelled.
SA Reserve Bank Learnerships Available
Out of the thousands of applications, they receive yearly and after a dynamic selection procedure, only a handful will move forward and enter the learnership program provided by the SA Reserve Bank. This program aims to provide the final selection of candidates with the required skills and knowledge to enter the world of banking with confidence and precision.
Candidates can enter the following fields:
- Money & Banking
- Economics
- Econometrics
- Risk Management
- Mathematical Science
- Accounting
- Finance
- Commercial Law
- Business Statistics
Basic Requirements
Every year South African Reserve Bank offers this learnership program to young gifted graduates who meet all the necessary requirements. Before applying candidates should check the requirements for this program. The requirements will be stipulated on the applications. Below are some of the requirements:
- All candidates must be in possession of a Valid ID document
- Applicants must be permanently residing within South African boarders
- Candidates must not hold dual citizenship
- Applicants must be in possession of a Matric certificate
- Applicants must hold a diploma or degree within the field of application
Candidates must also keep in mind that the selection process will include a security check, reference check and also a psychometric assessment
Application Process
Online application processes for the South African Reserve Bank learnership program are made available every year on their website. Interested candidates should visit South African Reserve Bank Webpage to check if whether the application has opened or not. Selected candidates will receive a great training, both academic and on-the-job training.
South African Reserve Bank learnership program usually takes a period of twelve months. Successful candidates will receive a competency certificate and may be offered a permanent contract of employment. This program is a great honor and gives selected individuals a great stepping stone in life. Due to number applications received only successful individuals will be notified. If you do not hear anything from the South African Reserve Bank after three months of the closing date kindly consider your application unsuccessful.