Guarantee Trust Banking Traineeship


Advertiser: Guarantee Trust
Location: Johannesburg

In conjunction with BANKSETA, we are running a program to help unemployed graduates enter into Learnership contracts or employment with banking or microfinance firms.

We actually supply ‘work-experience’ skills in our Virtual Bank program. Vital life skills and technical skills are delivered as one overall program.

To qualify for the program you must:
Be a recognized Commerce Graduate, having completed a three year tertiary qualification with majors such as banking, financial accounting, economics, business economics, financial management, B.Comm marketing or accounting or economics as an additional major or similar. This must be from a recognized tertiary institute in South Africa.

Tertiary institute means University or Technikon or University of Technology.

Come and train with us for 5 months and we will assist you to get employment in a banking or microfinance firm. Please note that disabled candidates can apply for this program.

Closing date: Not indicated in advert

Click here to apply
Definitions:

Internship:

There are basically two types of internships:

  • The Undergraduate Internship: Usually with bigger organisations that pick undergraduates to attend the internship. It often takes places during the holidays and the average durations is a few weeks. In most cases the intern will receive some sort of stipend or salary and this type of internship may lead to a job offer to the intern once he / she is finished with their studies.
  • The Graduate Internship: This type of internship could be paid or unpaid and it is to gain practical work experience after the qualification has been completed and in a job related to the qualification. It could be from a few weeks or even one or two years long. This type of internship could also lead to permanent employment.

Learnerships:

A learnership is an occupational qualification and it consists of theory and work-based experience and practical skills, with formal assessment and a qualification. At the end of the learnership the candidate may be offered permanent employment.

In-service training:

In-service training is to gain practical work experience during studies. It usually takes place after a few years of theory has been successfully completed. It is essential work experience that is part of the qualification and the in-service training is necessary to achieve the qualification. It could be paid or unpaid.