Key Facts
- Status
- Applications Open
- Provider
- Field of Study
- Study Level
- Academic Year
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2027
- Application Closes
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Eligibility Requirements
- South African citizen
- Under 35 years of age
- Holds a relevant Honours degree with a minimum 65% overall average
- Provisional acceptance into an identified full-time Master's programme in Data Science, Machine Learning or Artificial Intelligence
- Selected modules must include a financial analytics component
- May be required to attend SARB and NGA(MaSS) workshops
Documents Needed
- Academic examination/transcript results
- Proof of provisional acceptance into the Master's programme (with student number, where available)
- Supporting documents as specified in the official application form
About South African Reserve Bank Scholarship
The South African Reserve Bank (SARB), in partnership with the Data Science Academic Committee of the National Graduate Academy for Mathematical and Statistical Sciences (NGA(MaSS)), offers a full scholarship for South African students undertaking a full-time Master's degree in Data Science, Machine Learning or Artificial Intelligence, with a specific focus on financial analytics. The scholarship forms part of the SARB's broader corporate social investment programme to address skills shortages in South Africa.
Funding Details
Described by the SARB as a "full scholarship" for the duration of the Master's degree, covering study costs for the qualification. Exact line-item coverage (e.g. specific stipend or accommodation amounts) was not published in the sources available at the time of writing; applicants should confirm exact benefit amounts directly with the SARB or in the official scholarship documentation.
Where You Can Study
Open to students with provisional acceptance into an identified full-time Master's programme in data science, machine learning or artificial intelligence at a recognised South African university.
About South African Reserve Bank
The South African Reserve Bank (SARB) is the country's central bank, responsible for setting and implementing monetary policy, issuing currency, and safeguarding the stability of the broader financial system. Based in Pr…
View full provider profile →- Address
- 370 Helen Joseph Street, Pretoria, 0002
- Phone
- +27 12 313 3911
Fields of Study & Who Can Apply
Applicants must be South African citizens under the age of 35, holding a relevant Honours degree with an overall average of at least 65%, with provisional acceptance into an identified full-time Master's programme in data science, machine learning or a closely related field, including financial-analytics-focused modules.
Application Procedure
Apply directly with the provider using the official application link below, before the closing date.
- Closes
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Last verified:
Frequently Asked Questions
Is this the same as the SARB's undergraduate bursary?
No. The SARB separately runs an undergraduate "External Bursary Scheme" for economics-related first-year students. This listing is specifically for the SARB's postgraduate Master's in Data Science and Machine Learning Scholarship.
What is the exact application opening date?
Coverage of this scholarship confirms it was open for applications as of July 2026, but a specific opening date was not published in the sources available; only the closing date of 31 October 2026 is confirmed, so field_application_opens has been left blank rather than guessed.
Do I need a promo/reference code to apply?
Yes, listings reference the promo code SARBDSM27 for this specific scholarship; applicants should confirm the current code on the official SARB application portal before submitting.
