If you’re a young South African looking to enter the finance or accounting sector, the FASSET Skills Development Programmes for 2025/2026 could be your ticket in. Whether you’re aiming for a bursary, internship, learnership, or a short-term skills course, FASSET has created a set of opportunities designed to build solid careers while uplifting communities. These programmes are open across Gauteng, the Western Cape, and KwaZulu-Natal — and they come with stipends, funding, and nationally recognized qualifications.
About FASSET and Its Mission
The Finance and Accounting Services Sector Education and Training Authority (FASSET) plays a vital role in addressing South Africa’s skills gap in finance and accounting. Funded by the Department of Higher Education and Training, FASSET focuses on equipping unemployed youth, entry-level professionals, and employed individuals in the sector with the knowledge and experience needed to grow.
The authority runs a range of development programmes such as:
- Learnerships
- Internships
- Bursaries
- Short Skills Programmes
Through these, FASSET ensures that South Africa’s financial services sector remains globally competitive while offering local talent a meaningful and transformative path forward.
What is the Purpose of These Programmes?
At its core, FASSET’s goal is to expand access to learning, promote transformation, and provide critical skills to underserved communities. By supporting a steady pipeline of qualified professionals, these initiatives are also aligned with the country’s broader Employment Equity targets.
In simple terms: these programmes aren’t just about education — they’re about creating lasting change.
Programme Overview and Structure
Each type of programme is structured to provide both academic knowledge and real-world experience, ensuring participants are workplace-ready upon completion.
Learnerships
Qualifications: NQF Level 4–7 (e.g., Bookkeeping, Financial Management)
Duration: 12–18 months
Eligibility: Grade 12 with Mathematics
Funding: R3,000–R5,000 monthly stipend
Bursaries
Qualifications: Undergraduate/Postgraduate (e.g., BCom Accounting, BCom Finance)
Duration: 1–4 years
Eligibility: Grade 12 with Mathematics and university acceptance
Funding: Up to R80,000 (covers tuition, books, accommodation)
Internships
Qualifications: NQF Level 6–7 (e.g., Taxation, Financial Reporting)
Duration: 12–24 months
Eligibility: Diploma or Degree in related field
Funding: R3,000–R5,000 monthly stipend
Skills Programmes
Qualifications: Short Courses (e.g., Professional Accounting, Financial Reporting)
Duration: 1–6 months
Eligibility: Grade 12 with Mathematics
Funding: Partial funding (no stipend)
These programmes are delivered through accredited training providers and include both theoretical instruction and hands-on experience, followed by formal assessments. Graduates receive nationally recognized qualifications.
What Will You Be Doing? (Key Responsibilities)
Each programme offers different day-to-day duties depending on the area of study and the type of qualification:
For Learnership Participants:
- Take part in finance-related duties like financial reporting or bookkeeping
- Complete both classroom modules and workplace training
- Uphold financial regulations and ethical practices
For Bursary Holders:
- Stay in good academic standing and submit regular progress updates
- Take part in academic projects related to accounting or finance
For Interns:
- Support day-to-day tasks in budgeting, auditing, or tax
- Attend mentorship sessions and gain practical workplace skills
Why Should You Apply? (Benefits of Participation)
There are real, measurable benefits to joining the FASSET Skills Development Programmes:
- Monthly Stipends: Between R3,000 and R5,000 for learnerships and internships
- Full Bursary Support: Up to R80,000 to cover academic costs
- National Qualifications: NQF Level 4 to Level 7 certifications
- Improved Job Prospects: Increased employability within the financial sector
- Access to Mentorship: Learn from seasoned professionals and accredited providers
These are not just handouts — they are stepping stones to a sustainable career in one of South Africa’s most vital industries.
Who Can Apply? (Eligibility Requirements)
Before you get started, make sure you meet the following general criteria:
- Must be a South African citizen with a valid ID
- Age 18 to 35 for learnerships and bursaries (no age limit for internships)
- Completed Grade 12 with Mathematics (and university acceptance for bursaries)
- Possess a Diploma or Degree for internships
- Must be either unemployed or currently employed in the sector
- Clear criminal record (background checks will be done)
Who Gets Preference?
In keeping with FASSET’s transformation goals, priority will be given to:
- Candidates from Employment Equity groups (Black, Coloured, Indian, women, persons with disabilities)
- Residents of Gauteng, Western Cape, and KwaZulu-Natal
- Applicants who demonstrate commitment to completing the programme and working in the sector
What Skills Are Needed?
While the programmes are designed to teach you, having a strong foundational skillset is still important:
- Good communication (written and verbal)
- Numerical and analytical ability (especially for finance-heavy roles)
- Interest in financial services and accounting
- Basic computer proficiency, especially in accounting or spreadsheet software
- Attention to detail and strong ethical awareness
How to Apply for FASSET Programmes
Applications are open until early 2026, but don’t wait until the last minute. Bursary applicants should aim for March 2026 as a soft deadline. To apply, you’ll need to prepare and send the following:
Required Documents:
- A detailed CV
- Certified copies of your ID and qualifications
- Proof of residence, certified within the past 6 months
- University acceptance letter (for bursaries only)
- Clearly specify which programme you’re applying for (e.g., Learnership: Bookkeeping)
Submission Options:
- Email: info@fasset.org.za
- Hand-deliver: 1st Floor, 296 Kent Avenue, Ferndale, Randburg
- Post: PO Box 6801, Cresta, 2118
Keep in mind: Late or incomplete applications will not be accepted. There are no application fees, and only shortlisted candidates will be contacted within 60–90 days.
Final Thoughts: Why FASSET Matters
In a country where youth unemployment and skills gaps continue to hinder progress, initiatives like FASSET’s programmes are more than just opportunities — they are essential. By participating, you aren’t just gaining skills; you’re positioning yourself to contribute to South Africa’s future economic strength.
Whether you’re aiming to become a tax consultant, a financial analyst, or a qualified bookkeeper, FASSET can help you get there.
Contact Details
General Enquiries:
📞 +27 11 476 8570 / +27 87 562 8214
📧 info@fasset.org.za
Physical Address:
1st Floor, 296 Kent Avenue, Ferndale, Randburg
Postal Address:
PO Box 6801, Cresta, 2118
Website:
www.fasset.org.za