If you are aiming to build a career in banking, finance, or financial technology, the Banking Sector Education and Training Authority Skills Development Programmes for 2026 could open the right doors.
These programmes are designed to help young South Africans gain practical experience, recognised qualifications, and financial support while preparing for real jobs in the financial sector.
What Are BANKSETA Skills Development Programmes?
The Banking Sector Education and Training Authority works to develop skills in the banking and microfinance sectors.
Through partnerships with employers and training providers, BANKSETA offers:
- Learnerships
- Internships
- Bursaries
- Short skills programmes
Each programme combines theory with practical exposure, helping you become job-ready.
Where These Programmes Take Place
Most opportunities are available in major economic hubs, including:
- Centurion
- Cape Town
- Durban
Depending on the programme, you may be placed with a participating employer or training institution.
Learnerships (12–18 Months)
Learnerships are one of the most popular options.
They offer:
- NQF Level 4–6 qualifications
- Monthly stipends (R3,000 – R5,000)
- Workplace experience + classroom training
Common fields include:
- Banking Service Advice
- Wealth Management
This is a strong entry route into the financial sector.
Internships (12–24 Months)
If you already have a diploma or degree, internships provide real industry exposure.
You may work in:
- Risk Management
- Banking operations
- IT and financial systems
Interns also receive monthly stipends, usually between R3,000 and R5,000.
Bursaries
BANKSETA bursaries support students studying finance-related qualifications such as:
- BCom Finance
- Information Technology
Funding can reach up to R80,000 per year, covering:
- Tuition
- Accommodation
- Study materials
You must show proof of university acceptance to qualify.
Skills Programmes (1–6 Months)
Short skills programmes are designed for quick upskilling.
They cover areas like:
- Contact centre operations
- Financial literacy
These programmes usually do not include stipends but provide valuable entry-level knowledge.
Who Can Apply?
To be considered, you must:
- Be a South African citizen
- Have a valid ID
- Meet the qualification requirements for your chosen programme
- Be unemployed (for most programmes)
- Be between 18 and 35 years old (for learnerships and bursaries)
Internships require a diploma or degree, while bursaries require proof of university admission.
Preference is given to Employment Equity candidates, including:
- Black applicants
- Women
- Persons with disabilities
What You Will Gain
These programmes offer more than just funding.
You will gain:
- Nationally recognised qualifications (NQF Level 4–7)
- Real workplace experience
- Industry exposure
- Mentorship and career guidance
Many participants go on to secure permanent roles in banks and financial institutions.
How to Apply
Applications typically close early in 2026, especially for bursaries.
To apply, prepare the following:
- Updated CV
- Certified copy of your ID
- Certified qualifications or proof of acceptance
- Proof of residence (certified within 6 months)
- A short cover note stating your chosen programme
Application Submission Details
You can submit your application through:
- Email: info@bankseta.org.za
- Physical delivery: Eco Origin Office Park, Highveld, Centurion
- Postal submission: PO Box 11678, Vorna Valley
No application fees are required.
Important Notes
- All applications go through background checks
- Qualifications will be verified
- Criminal record checks may be conducted
- If you do not receive feedback within 90 days after the closing date, consider your application unsuccessful
Final Thoughts
The Banking Sector Education and Training Authority Skills Development Programmes 2026 offer one of the most structured pathways into South Africa’s financial sector.
Whether you choose a learnership, internship, bursary, or short course, each option is designed to build real skills and improve your chances of long-term employment.
If you are serious about a career in banking or finance, this is the kind of opportunity that can shape your future.