Standard Bank Learnerships 2023/2024: Requirements & Application (2024)

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Last Updated on July 17, 2023

Standard Bank Learnerships 2023/2024: Requirements & Application (1)

Standard Bank, a leading financial institution in South Africa, offers learnership programs designed to provide individuals with practical experience and industry-specific skills in the banking and finance sector. In this guide, we will explore all you need to know about Standard Bank learnerships, including program details, requirements, eligibility criteria, and the application process. By participating in Standard Bank learnerships, you can embark on a rewarding career path in the financial industry and contribute to shaping the future of banking.

About Standard Bank Learnerships

Standard Bank learnerships are structured training programs that offer participants a combination of theoretical learning and practical experience in various areas of banking and finance. These learnerships aim to equip individuals with the skills, knowledge, and competencies required to succeed in a dynamic and evolving industry.

Requirements for Standard Bank Learnerships

To be eligible for a Standard Bank learnership, candidates must meet specific requirements. These requirements may include:

a) Educational Qualifications: Candidates should possess a minimum of a Grade 12/Matric certificate or equivalent qualification. Some learnerships may have specific educational requirements, such as a relevant diploma or degree in finance, accounting, economics, or a related field.

b) Age Limit: Standard Bank learnerships are typically open to individuals between the ages of 18 and 30. However, specific learnerships may have different age restrictions.

c) Skills and Attributes: Strong numerical and analytical skills, excellent communication abilities, attention to detail, a customer-centric mindset, and a passion for the financial industry are often sought after.

d) South African Citizenship: Most learnerships are available to South African citizens only. Proof of citizenship may be required during the application process.

Popular Standard Bank Learnerships

Standard Bank offers a range of learnerships across different departments and areas of specialization within the financial industry. Some popular Standard Bank learnerships include:

a) Banking Learnerships: These learnerships focus on various aspects of banking operations, including customer service, transaction processing, credit analysis, risk management, and sales. Participants gain practical experience in providing financial solutions to clients.

b) IT and Digital Learnerships: These learnerships provide training in IT support, software development, data analysis, cybersecurity, and digital innovation in banking. Participants learn about technology applications in the financial sector.

c) Wealth Management Learnerships: These learnerships offer insights into wealth management strategies, investment advisory services, financial planning, and relationship management with high-net-worth clients. Learners develop skills in providing tailored financial solutions.

d) Risk and Compliance Learnerships: These learnerships focus on risk assessment, regulatory compliance, internal control, and fraud prevention within the banking environment. Participants gain knowledge in managing risks associated with financial operations.

Standard Bank Application Process

To apply for a Standard Bank learnership, follow these general steps:

a) Research and Selection: Research the available learnerships on the official Standard Bank website or other reliable sources. Understand the specific requirements, duration, and outcomes of each learnership to determine the best fit for your career aspirations. Note the application deadlines and selection criteria.

b) Prepare Documents: Gather the necessary documents, including an updated CV, certified copies of educational certificates, identification documents, and any additional documents specified in the learnership advertisem*nt.

c) Application Submission: Complete the online application form or follow the specified application submission process. Ensure that all required information is accurately provided and submit your application before the stated deadline.

d) Screening and Assessment: Standard Bank will screen the applications and shortlist candidates who meet the initial requirements. Shortlisted candidates may be invited for further assessments, such as interviews, psychometric tests, or case studies.

e) Final Selection and Offer: Based on the assessments, the final selection of learners will be made. Successful candidates will receive an offer letter outlining the learnership details, stipend, and start date.

f) Learnership Commencement: Once selected, learners will commence their learnership program with Standard Bank. They will undergo a structured training curriculum, gaining practical experience and knowledge under the guidance of industry professionals.

Conclusion

Standard Bank learnerships provide aspiring individuals with a valuable opportunity to gain industry-specific skills, practical experience, and exposure to the banking and finance sector. By providing a comprehensive guide to Standard Bank learnerships, this article has equipped you with the necessary information to pursue your career aspirations. Stay updated with Standard Bank’s official website or relevant platforms to explore the latest learnership opportunities and apply within the specified timeframes. Embark on your journey towards a rewarding career in the financial industry with Standard Bank learnerships!

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Standard Bank Learnerships 2023/2024: Requirements & Application (2024)

FAQs

What are the requirements for standard bank learnership? ›

LEARNERSHIPS
  • Be a South African Citizen.
  • Be between the ages of 18 and 30.
  • Be able to speak, read and write English.
  • Have completed a Matric/ 3 year post matric qualification (dependent on the role)
  • Be computer literate.
  • Not be permanently employed.
  • Not be studying at any other institution.

How much is the Standard Bank learnership stipend? ›

The learnership recipients will be given learner allowance of R2 500 a month for the duration of their programme. Upon successful completion of the learnership programme, candidates will receive an accredited National Certificate in Banking (NQF level 4).

Which learnerships are still open for 2024 in Johannesburg? ›

learnership jobs in johannesburg, gauteng 2024
  • Merchandising Learnership Programme | Managed People Solutions | Johannesburg | Gauteng. ...
  • Learnership opportunity for people living with disability. ...
  • Apprentice Electrician. ...
  • Washbay trainee. ...
  • Digital Marketing Graduate (12 Month Fixed Term Contract) ...
  • Strengthen your profile.

How do I get a learnership? ›

How do I apply for a learnership if I am unemployed? Register with the Department of Labour as a work-seeker. Always keep your contact details up to date.The labour centre will then contact you if you meet the minimum criteria for the learnership of a specific employer.

Can a learnership be online? ›

An employed learnership can be run either as a classroom based program or as a blended online program.

Do learnerships pay? ›

You will be paid a stipend – this will not be equivalent to a full time salary but should at least cover your transport and meals. There's no guarantee at the end of the learnership that the company will employ you.

What is the difference between learnership and internship? ›

Learnerships are mainly designed to provide theoretical and practical skills so that youth can qualify in a specific field. In contrast, internships are more focused on providing work experience to students or recent graduates to help them build their resumes and develop their skills.

How does learnership work? ›

During the learnership, learners will be required to complete assignments, tasks and practical tests and projects. They will be formally assessed in the classroom and workplace. If all these assignments are completed successfully, they will be awarded an NQF-registered qualification, that is recognised nationally.

Does Standard bank offer scholarships? ›

Who can qualify? The Standard Bank Group Bursary is available if you require funding for your first, second, third and final year of undergraduate studies – as well as if you want to pursue your postgraduate studies up to Master's level.

Is CV needed for learnership? ›

You need a Learnership CV if you're applying for a learnership. Your CV will play a crucial role in making a strong impression on recruiters and of increasing your chances of securing the job training programme.

Does learnership have interviews? ›

Remember, being interviewed for a learnership is an opportunity for both you and the company to get to know each other better. Be prepared to explain why you want the opportunity with them so that you can make a great impression and increase your chances of getting the job or job training.

Are there interviews for learnerships? ›

You are asked learnership interview questions about your past experiences and how they relate to the learnership position advertised. Interviewers use learnership interview questions to learn about your skills and abilities. Then they can see if you align with the requirements of the learnership.

What is the difference between learnership and scholarship? ›

Learners receive a stipend during their training. **Scholarships**, on the other hand, are financial awards given to students to help them pursue their studies. Scholarships are often based on academic or other achievements and are not tied to specific work obligations.

Why apply for a learnership? ›

To gain a deeper understanding of the industry and potential career paths within it. Ultimately, entering a Learnership Programme can be a valuable way to kickstart a career, gain new skills, and access opportunities for professional development.

How do I write a learnership application? ›

Dear [Name of the person or the Hiring Manager], I am writing to express my interest in the learnership programme advertised on your company's website. As a recent graduate in [insert relevant field], I am eager to gain practical experience in the industry and develop my skills further.

What are the minimum requirements for banking? ›

Diploma in Banking and Finance
  • Minimum Entry Requirements. Banking craft certificate Level 5. Or. KCSE Mean Grade C- (minus) Or. Equivalent qualifications as determined by KNQA.
  • Tuition fee per Semester.
  • Duration of the Programme.

Who qualifies for Standard Bank private banking? ›

The Private Banking Account caters to clients with a minimum monthly income of R58 000. It gives you access to a private banking team that will provide you with diverse short- and long-term savings and investment options to grow your earnings.

How do you qualify for Standard Bank private banking? ›

What you'll need
  1. Monthly income of R58 000 or more.
  2. Your South African ID (or passport if not a South African citizen)
  3. Proof of income.
  4. Proof of residence not older than 3 months.

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