Published: 7 June 2026
Author: Phindile Zwane
Category: Bursaries, Economics Studies, University Funding, Student Opportunities
South African Reserve Bank Launches 2027 Economist Bursary Programme
The South African Reserve Bank (SARB) has officially opened applications for its 2027 Economist Bursary Scheme, offering financial support to academically strong students who plan to pursue undergraduate studies in economics-related fields.
The bursary programme forms part of the Reserve Bank’s ongoing commitment to addressing critical skills shortages in South Africa while expanding access to higher education opportunities for students from disadvantaged backgrounds.
Prospective first-year university students who intend to begin their undergraduate studies in 2027 are encouraged to apply before the closing date of 30 September 2026.
The initiative is administered through the SARB’s Economic Research Department in partnership with the SARB Academy.
Bursary Programme Overview
| Programme Information | Details |
|---|---|
| Organisation | South African Reserve Bank (SARB) |
| Programme | Economist Bursary Scheme 2027 |
| Study Level | Undergraduate Degree |
| Academic Year | 2027 |
| Closing Date | 30 September 2026 |
| Target Group | Prospective First-Year Students |
| Application Code | SARBERD27 |
| Selection Process | Application Screening and Interviews |
Purpose of the SARB Bursary Scheme
The South African Reserve Bank offers bursaries to support talented students who demonstrate academic excellence but face financial barriers to accessing higher education.
The programme aims to:
- Address skills shortages in South Africa
- Promote access to higher education
- Support future economists and researchers
- Develop specialised economic expertise
- Invest in the country’s future economic leadership
By funding studies in economics-related disciplines, the Reserve Bank seeks to contribute to the development of highly skilled graduates who can support South Africa’s economic growth and policy environment.
Fields of Study Supported
The bursary is specifically intended for students pursuing degrees in economics and related disciplines.
Eligible fields include:
Economics
Students pursuing traditional economics qualifications focusing on macroeconomics, microeconomics, development economics, and economic policy.
Economics and Econometrics
Programmes combining economics with advanced quantitative analysis and statistical modelling.
Economics and Mathematical Statistics
Degrees that integrate economic theory with statistical methods and mathematical analysis.
Economic Science
Specialised economic science qualifications focusing on economic research and analytical methods.
Students should ensure that their chosen degree programme falls within the approved fields before applying.
Who Can Apply?
The bursary targets academically strong students who meet the minimum eligibility requirements.
Academic Requirements
Applicants must:
- Have achieved an average mark of at least 70% in their current year of study.
- Demonstrate strong performance in Mathematics.
- Demonstrate strong performance in English.
- Achieve 70% or higher in Mathematics and English.
Academic excellence remains one of the primary selection criteria.
University Admission Requirement
Applicants must:
- Have provisional acceptance into a recognised undergraduate degree programme in economics or a related field.
- Be able to provide proof of admission or a student number from the institution.
Age Requirement
Candidates must:
- Be younger than 30 years old at the time of application.
Financial Need Requirement
Applicants must demonstrate:
- Genuine financial need.
- Inability to afford university studies without financial assistance.
The bursary is specifically intended to support students who would otherwise struggle to access higher education due to financial constraints.
Required Supporting Documents
Applicants should prepare and submit the following:
Mandatory Documents
- Academic results or examination results
- Proof of provisional university acceptance
- Student number from a recognised institution
- Any additional supporting documents requested during the application process
Incomplete applications may not be considered.
Selection Process
The SARB follows a competitive selection process.
After applications are reviewed, shortlisted candidates may be invited to participate in interviews.
Selection decisions are generally based on:
- Academic performance
- Financial need
- Suitability for economics-related studies
- Supporting documentation
- Interview performance (where applicable)
Due to the competitive nature of the programme, meeting the minimum requirements does not automatically guarantee selection.
Bursary Agreement
Successful candidates will be required to enter into a formal bursary agreement with the South African Reserve Bank.
The agreement typically outlines:
- Responsibilities of the bursar
- Academic performance expectations
- Conditions of financial support
- Other programme requirements
Applicants should carefully review all conditions before accepting an offer.
Why Economics Remains an Important Career Choice
Economists play a critical role in shaping public policy, analysing markets, studying economic trends, and supporting decision-making across government, financial institutions, and the private sector.
Graduates in economics-related fields may pursue careers in:
- Economic Research
- Financial Analysis
- Banking
- Investment Management
- Public Policy
- Data Analysis
- Risk Management
- Government Institutions
- International Development Organisations
As economies become increasingly data-driven, demand for analytical and quantitative skills continues to grow.
How to Apply
Applicants may submit their bursary applications through one of the available methods.
Online Application
Apply via the official bursary portal.
Email Application
Email applications may be submitted to:
Postal Applications
Applications may be posted to:
Dimpho Nkoana
POSTNET Suite 101
Private Bag X153
Bryanston
2021
Important Application Code
Applicants should use:
PROMO CODE: SARBERD27
where required during the application process.
Important Deadline
Closing Date: Wednesday, 30 September 2026
Late applications will not be considered.
Applicants are encouraged to submit their documentation well before the deadline to avoid delays and ensure all supporting documents are received.
Editorial Analysis
The South African Reserve Bank Economist Bursary Scheme remains one of the country’s most notable opportunities for aspiring economists. By targeting students with strong academic records and demonstrated financial need, the programme helps expand access to higher education while investing in future economic talent.
The focus on economics, econometrics, mathematical statistics, and economic science reflects the growing importance of analytical skills in both the public and private sectors. For students considering careers in economic policy, banking, research, or financial analysis, the bursary offers valuable financial support and association with one of South Africa’s most respected institutions.
Sources and References
- South African Reserve Bank Bursary Scheme Information
- SARB Economic Research Department
- SARB Academy
- South African Higher Education Funding Programmes
- Economics and Financial Sector Skills Development Initiatives
Editorial Transparency
This article is published for informational purposes only and is based on information provided in the bursary announcement. The publisher is not affiliated with the South African Reserve Bank and does not participate in the selection process. Applicants should verify all requirements, conditions, and deadlines through official programme channels before applying.
Information was accurate at the time of publication.
