ABOUT THE BURSARY PROVIDER – MOMENTUM INVESTMENTS
Momentum Metropolitan Holdings, previously known as MMI Holdings Limited (MMI), is a financial services group based in South Africa. The JSE (Johannesburg Stock Exchange)-listed and Namibian Stock Exchange (NSX)-listed company group has subsidiary companies in 14 countries, including Namibia, Botswana, Zambia, Swaziland, Mauritius, Nigeria, Lesotho, Ghana, Kenya, Guernsey, Gibraltar and the UK.
Momentum Investments helps clients to grow their wealth – from individual savings, to retirement or even for businesses to build their portfolio or a financial adviser in need of practical tools and customised solutions.
ABOUT THE MOMENTUM INVESTMENTS BURSARY PROGRAMME – FIELDS COVERED
Momentum Investments Group is inviting students to apply for their Phambili 2.0 Bursary Programme, for the 2025 academic year.
Bursaries will be awarded to top academic students, for undergraduate degree studies within the following fields:
- Accounting
- Financial Management
- Information Technology
- Investments Management
- Mathematics
- Statistics
- *or a related field
MORE ABOUT THE MOMENTUM INVESTMENTS BURSARY PROGRAMME – EXPENSES COVERED & SELECTION
The bursary will provide cover for the following expenses: tuition fees, textbooks and accommodation
After graduation, bursary recipients will be required to partake in the Phambili internship programme.
If you do not receive any feedback by 31 December 2024, please consider your application as unsuccessful.
ELIGIBILITY REQUIREMENTS FOR THE MOMENTUM INVESTMENTS 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):
- You must be studying or intend on studying towards an undergraduate BCom qualification, within one of the fields of study listed above, in 2025
- You must studying or have been accepted to study at a recognised and accredited public university in South Africa
- You must be entering your 1st, 2nd or 3rd year of study in 2025
- You must have a strong academic record
- You must have achieved a minimum overall average of 75% for the previous year of study
- You must come from a previously disadvantaged background
- You must have a combined household income of less than R600 000 per annum
HOW TO APPLY FOR THE MOMENTUM INVESTMENTS BURSARY
Applications must be submitted online at: Momentum Investments Phambili Bursary Application 2025
After completing the online application, your application will be assessed and if you qualify, you will be provided with further application details.
Shortlisted candidates may be required to provide supporting documents, such as:
- ID document (certified copy)
- Full university academic record, including latest results (on institutions letterhead)
- Proof of University acceptance for 2025
- Parents or guardians proof of household income (most recent payslips if employed/ affidavit if unemployed/ proof of sassa grant or pension if applicable)
CLOSING DATE FOR THE MOMENTUM INVESTMENTS BURSARY
4 October 2024.
(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 Momentum Investments directly:
Email: MIBursary@momentum.co.za
Please do NOT contact Momentum Investments if this bursary has already closed.
The importance of applying momentum investment bursary
Momentum investment is a strategy that involves buying securities that have performed well in the past and selling those that have underperformed. It is based on the idea that assets with positive momentum are likely to continue to perform well in the future, while assets with negative momentum are likely to continue to underperform. Momentum investment can be a powerful tool for investors looking to generate above-average returns in their portfolios.
One way to take advantage of momentum investment is to apply for a momentum investment bursary. These bursaries are designed to provide financial support to individuals who wish to pursue a career in investment management or related fields. By receiving a bursary to study finance or economics, individuals can gain the skills and knowledge needed to effectively implement a momentum investment strategy.
Why applying for a momentum investment bursary is important:
Access to education:
By receiving a bursary, individuals have the opportunity to gain access to high-quality education in finance or economics. This can help them develop the skills and knowledge needed to succeed in the investment industry and effectively implement a momentum investment strategy.
Career opportunities:
A momentum investment bursary can open up a range of career opportunities in the investment management industry. With the right qualifications and training, individuals can pursue careers as investment analysts, portfolio managers, or financial advisors, among others.
Financial support:
Pursuing higher education can be expensive, and many individuals may struggle to afford the cost of tuition and other expenses. A momentum investment bursary can provide much-needed financial support to help individuals pursue their educational goals and achieve their career aspirations.
Networking opportunities:
By receiving a bursary, individuals may have the opportunity to connect with industry professionals, network with other students, and attend events and conferences related to investment management. These networking opportunities can help individuals build relationships and expand their professional network, which can be valuable in advancing their careers.
Skill development:
Studying finance or economics can help individuals develop important skills, such as critical thinking, analytical reasoning, and financial analysis. These skills are essential for implementing a successful momentum investment strategy and can also be valuable in other areas of the investment industry.
In conclusion
Applying for a momentum investment bursary is important for individuals who are interested in pursuing a career in investment management or related fields. By receiving financial support to pursue higher education and develop their skills and knowledge, individuals can improve their career prospects, access valuable networking opportunities, and gain the tools needed to implement a successful momentum investment strategy.