ABSIP (Association of Black Securities and Investment Professionals) Profile
The ABSIP, which is short for the Association of Black Securities and Investment Professionals, is an establishment founded in 1995 as part of an initiative to promote the inclusivity of black professionals and have them further represented in the nation’s securities and investment department. As a leading forum where black professionals come together, it is a hub for all sorts of new ideas and innovations that will greatly contribute the financial sector. There are multiple sectors that are in line with ABSIP, such as:
- Corporate Managerial and Financial Consulting
- Private Equity
- Asset Management
- Investment Banking
- Treasury and Development Finance Institutions (DFIs)
- Corporate Finance
- Private Banking
- Corporate Banking
- Stock Broking
- Employee Benefits
- Retail Banking
About ABSIP (Association of Black Securities and Investment Professionals) Bursaries 2020
The ABSIP Bursaries is a programme provided to promote the importance of education and immensely support academic potential of local students in South Africa. Education has always been one of the values that ABSIP takes great consideration into. In order to create a future generation of capable leaders within the Financial Services industry, ABSIP has created an initiative to further support the abilities of young individuals.
Dating back to the very start of the programme, the ABSIP Bursary has mainly given preference to local individuals originating from disadvantage groups and from black communities. Not only is this an effort to provide the same equal opportunities to different sets of demographics, but it is to promote inclusivty and representation of black professionals in the financial services department.
In general, the ABSIP Bursary is provided towards students who are attaining a commercial degree or any sort of course that is considered highly critical towards the development of the nation. However, degree that is contributing to the South African economy are all considered for this programme.
Grantees of the ABSIP Bursary will be entitled to a series of financial funding that is offered based on academic talents and financial needs. To be eligible for the programme, bursars will be required to maintain impressive academic marks or a minimum of a second pass for the university studies. All in all, students will receive a funding of ZAR 50 000/student which can be used to cover tuition expenses and prescribed study materials.
ABSIP (Association of Black Securities and Investment Professionals) Bursary Requirements
The ABSIP Bursary is available for students who can fulfill the qualifications that are asked of by the programme. Each of these items below will heavily determine whether you will be accepted into the bursary or not. Failure to meet all of these criteria will not guarantee you success during the application procedure. Therefore, please make sure that you have the criteria jotted down as you prepare for this bursary programme.
The ABSIP Bursary Requirements are as follows:
- Be an official member of ABSIP for at least 6 months
- Must currently be in their second year of their university studies
- Is attaining an education that is within the commerce department
- Has valid proof that the candidate requires urgent financial assistance
- Must be able to maintain an average academic score of at least 60%
How to Apply ABSIP (Association of Black Securities and Investment Professionals) Bursary 2020
Applications for the ABSIP Bursary are mainly conducted online. To get started, all candidates must first check the availability status on the Official ABSIP Bursary Site. After making sure that your preferred bursary is open for applications, you can immediately sign up on the very same site. However, if it’s currently closed at the time of search, no need to worry. You can always come back any time in the future to check for openings.
ABSIP Contact Address
ABSIP Head Office
5th floor, Fire Station Rosebank
16 Baker St, Rosebank
Mail Address: –
Tel: +27 010 203 9013/14/15/25
Email: [email protected]
Source: ABSIP; Author: Larxsati; Editor: Melisa; Picture: absip.co.za.