SA Reserve Bank Learnerships 2017 – 2018

Yearly the SA Reserve Bank recruits top talents from Universities throughout South Africa to join the SA Reserve Bank Graduate Learnership program. These fresh graduates then have an opportunity to enter a world of finance, business, banking and more. The SARB seeks the top cream of talent for their program and has an intense selection procedure. With their selection process being so vigorous only a handful of candidates make their short list.

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 program, selected candidates will emerge with the skills and knowledge to enter a world of banking, business, operations and more. The SARB may also offer many of their selected candidates an opportunity to become a part of their permanent employees. Once the year learnership is complete, successful candidates will also be given a graduation ceremony where their parents and members of the staff will be able to see how they have excelled. They will also receive certification of their participation in this program.

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

SA Reserve Bank Learnerships Requirements

Talented young individuals are invited to apply yearly for this unique program offered by the SA Reserve Bank. Applicants must, however, meet all the requirements as set out by the SA Reserve Bank before applying. The requirements will be stipulated on the advertisement and may include the below requirements and more.

Basic requirements:

  • Must be an SA citizen with a valid ID document
  • You must not hold a dual citizenship
  • Must hold a valid Grade 12 certification
  • 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.

SA Reserve Bank Learnerships Application

SA Reserve Bank learnerships applications online are only made available once their application process starts. Candidates will have to check back regularly here to see when applications open. Successful candidates will receive a great deal of training, both academic and on-the-job training will be presented. Candidates can visit their website more detail on the SARB or this exceptional program. For detail on their other programs and employment, interested candidates can have a look here.

Once selected candidates must complete there 12 month period of training, they will be issued a certificate of competency and may also be offered full-time employment. This program is a great honor and gives selected individuals a great stepping stone in life. The SARB receives thousands of entries each year, however, they can only accommodate a selected few. If you have not had any response from the SARB within a maximum period of three months after the closing of applications, you may assume your application did not make the cut.

SA Reserve Bank Learnerships Closing Date

Closing dates will be advertised with open learnerships. Candidates must ensure they read the advertisement for open learnerships carefully, adhere to all stipulations and submit applications on time.

Candidates must please ensure that all fields of the application are completed in full and the application form is signed by the person applying. All references and contact detail must be current. All documentation must be certified copies of the originals.

If this is the world you seek to enter and you have what it takes, then you may have found your career. Good luck to all candidates, may you find your way into a world filled with wonder and amazement.