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BANKSETA Funds Scarce Skills

BANKSETA Expands Funding: Scarce Skills. Want a career in the fascinating and complex world of banking? BANKSETA issues funding based on scarce skills. Scarce skills are linked to qualifications. Study for a qualification that allows you to fill positions that are scarce.

BANKSETA Funding: BANKSETA Funds Scarce Skills

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In 2016 BANKSETA only funded 1740 interventions. In 2017 they will fund 3759 interventions.

Included are bursaries for 7 people requiring funding for Industrial and Organisational Psychology

If you’re a potential learner you should know the following:

  1. Training providers will compete for funding to deliver these programmes.
  2. Programmes may or may not be available in your province. If they are not, ask about relocation stipends for learners who need to move.
  3. Ask about being placed on an official database so that your name can be made available to the service providers who are awarded the contracts.

The SETAs have been working with the Quality Council of Trades and Occupations to develop new qualifications. Take a look at some of these new qualifications across different industries:

  • NQF. Level 1 and 2 for those with little or no high school and limited if any work experience.

The table below indicates the BANKSETA Learning Programme opportunities for 2017

Learning ProgrammeLearning Areas Number of Learner Opportunities Contact Person
Learnerships Banking Services Advice573Elaine Thompson Tel. No. : 011 8059661 Email:
Bursaries Finance Accounting and Auditing3147
Internships Industrial and Organisational Psychology7
Cadet Graduate Development Programme5
Business Intelligence Analytics6
Information Technology – Systems Development6
Skills Programmes Credit and Risk Assessments for Bankers15
Work Integrated Learning 0
Apprenticeships  0

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