ABSA Learnership 2024 Online Application

  • joub
  • Jul 07, 2024

The ABSA Learnership 2024 is a golden opportunity for unemployed graduates seeking a career in the banking industry. This comprehensive guide will explore the details of the ABSA Learnership program, the application process, the benefits, and how it can pave the way for a successful career in finance management.

ABSA Learnership 2024 Online Application

About ABSA and Its Commitment to Education

ABSA, one of South Africa’s largest and most reputable banks, is committed to nurturing talent and fostering education through various programs and initiatives. The ABSA Learnership program is a testament to this commitment, aimed at providing young graduates with the skills and experience needed to thrive in the finance and banking sectors.

Overview of the ABSA Learnership 2024

The ABSA Learnership 2024 is designed for individuals who are passionate about finance management and are eager to grow within a dynamic corporate environment. This learnership offers participants the chance to work within high-performing teams in core finance functions over a 12-month period. During this time, learners will also complete an NQF Level 5 qualification funded by ABSA, ensuring they gain both practical experience and academic knowledge.

Key Features of the ABSA Learnership 2024

  1. Duration: The program runs for 12 months.
  2. Qualification: Participants will complete an NQF Level 5 qualification.
  3. Stipend: Learners will receive a basic monthly stipend.
  4. Work Experience: Opportunities to work in various finance functions, including Group Procurement, Group Secretariat, Group Centre Finance, Product Control Group, Tax, Chief Operating Office, and Financial Control.
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Who Should Apply?

ABSA is looking for BRAVE, PASSIONATE, and READY individuals who are available in 2024 and meet the following criteria:

Essential Requirements

  • Education: Matric and NQF Level 7 or 8 qualifications in disciplines such as Accounting, Economics, Finance, Law, Supply Chain Management, Logistics, Information Management, Administration, Tax, Management Sciences, Mathematics, Statistics, and Risk Management.
  • Language Proficiency: Proficient in English (read, write, speak).
  • Employment Status: Applicants must not be permanently employed and should not have more than one year of relevant work experience.
  • Technical Skills: Proficient in Microsoft Suite of Applications.
  • Citizenship: Applicants must be South African citizens.

Screening and Checks

To ensure the suitability of candidates, the following checks will be performed:

  • Full credit checks
  • Full criminal checks
  • Previous references
  • Dismissal history

Required Documentation

Applicants need to provide the following documentation:

  • Detailed CV with contactable references
  • Certified copy of ID
  • Certified copy of all certificates (including Matric) and qualifications
  • Full academic transcripts (not password protected)
  • Proof of address not older than three months

Application Process

Applying for the ABSA Learnership 2024 involves several steps. Here’s a detailed guide to help you navigate the process:

Step 1: Prepare Your Documentation

Ensure you have all the required documentation ready. This includes a detailed CV, certified copies of your ID and certificates, full academic transcripts, and proof of address.

Step 2: Online Application

Visit the ABSA careers website and search for the ABSA Learnership 2024. Complete the online application form, providing accurate and up-to-date information. Upload the required documents as part of the screening questions.

Step 3: Screening and Selection

Your application will undergo a screening process, which includes the aforementioned checks. If you pass the initial screening, you may be invited for an interview or assessment.

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Step 4: Interviews and Assessments

Successful candidates will be contacted for interviews and possibly additional assessments. These are designed to gauge your suitability for the learnership and your alignment with ABSA’s values and requirements.

Step 5: Acceptance and Onboarding

If you are selected, you will receive an offer to join the ABSA Learnership program. Upon acceptance, you will go through an onboarding process, which includes orientation and initial training.

Benefits of the ABSA Learnership

Participating in the ABSA Learnership offers numerous benefits that can significantly impact your career trajectory:

1. Professional Experience

Working within high-performing finance teams provides invaluable professional experience. You will gain insights into various finance functions, from procurement to financial control, and learn how to navigate the complexities of the banking industry.

2. Academic Qualification

Completing an NQF Level 5 qualification adds a valuable credential to your resume. This qualification is recognized within the industry and can open doors to further educational opportunities and career advancements.

3. Financial Support

The monthly stipend provided by ABSA helps support you financially during the learnership period, allowing you to focus on your learning and development without financial stress.

4. Networking Opportunities

Engaging with professionals within ABSA and the broader finance industry can help you build a robust professional network. These connections can be beneficial for mentorship, career guidance, and future job opportunities.

5. Enhanced Employability

The combination of work experience and an academic qualification significantly enhances your employability. Upon completion of the learnership, you will be well-equipped to pursue various roles within the finance sector.

The Importance of Finance Management Skills

Finance management skills are crucial in today’s corporate world. Here’s why developing these skills through the ABSA Learnership is beneficial:

Strategic Decision-Making

Finance management involves strategic decision-making that impacts an organization’s financial health. By developing these skills, you can contribute to making informed decisions that drive growth and stability.

Read also:  Coca Cola South Africa Learnership for Unemployed

Risk Management

Understanding financial risks and how to mitigate them is essential for any business. The learnership will teach you how to identify, assess, and manage risks effectively.

Financial Analysis and Reporting

Accurate financial analysis and reporting are fundamental to business success. You will learn how to analyze financial data, prepare reports, and provide insights that inform business strategies.

Budgeting and Forecasting

Effective budgeting and forecasting are critical for planning and resource allocation. Through the learnership, you will gain skills in creating and managing budgets, as well as forecasting future financial performance.

Regulatory Compliance

Finance professionals must ensure compliance with various regulations and standards. The learnership will provide you with knowledge of relevant laws and regulations, helping you to maintain compliance in all financial activities.

Career Paths After the ABSA Learnership

Completing the ABSA Learnership opens up various career paths within the finance and banking sectors. Some potential roles include:

Financial Analyst

As a financial analyst, you will analyze financial data, create reports, and provide insights to support business decisions. This role requires strong analytical skills and a deep understanding of financial principles.


Accountants manage financial records, prepare financial statements, and ensure compliance with financial regulations. This role is ideal for individuals with a background in accounting and a keen eye for detail.

Tax Consultant

Tax consultants provide advice on tax-related matters, help organizations comply with tax laws, and develop tax strategies. This role requires a thorough understanding of tax regulations and excellent analytical skills.

Risk Manager

Risk managers identify, assess, and mitigate financial risks. This role involves strategic thinking and a deep understanding of risk management principles and practices.

Financial Controller

Financial controllers oversee an organization’s financial activities, including budgeting, forecasting, and financial reporting. This senior role requires extensive experience and a strong leadership ability.

Procurement Specialist

Procurement specialists manage the acquisition of goods and services, ensuring cost-effectiveness and efficiency. This role is crucial for maintaining the financial health of an organization.


The ABSA Learnership 2024 is a unique opportunity for graduates passionate about finance management and eager to build a career in the banking industry. By participating in this program, you will gain valuable work experience, obtain an NQF Level 5 qualification, and enhance your employability.

Through this learnership, ABSA not only invests in your professional development but also contributes to the broader goal of nurturing talent within South Africa’s financial sector. If you meet the requirements and are ready to embark on this exciting journey, prepare your application and take the first step towards a rewarding career with ABSA.

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