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Many graduates coming out of universities and other tertiary institutions are finding themselves unemployed because they do not have the work-readiness skills that employers are looking for in new employees.
Realising this, the Sector Education and Training Authority for the Finance, Accounting, Management Consulting and other Financial Services (Fasset) has been funding programmes for graduates aimed at giving them the skills that will add value to prospective employers.
Among the most successful of these has been the Bonani Work Readiness programme run by Guarantee Trust Corporate Support Services.
The programme has successfully placed more than 3 000 graduates into the accounting profession and commerce since 2003.
It looks at placing graduates in learnership programmes, through Fasset, that will lead to them eventually receiving professional qualifications as accountants, either through the SA Institute of Professional Accountants or the SA Institute of Chartered Accountants.
Applications are open for the January intake to the programme. They close on January 23.
A degree or diploma with Accounts 3 is what is required. There are positions for 150 graduates in Gauteng.
The programme includes skills and technical accounting components.
On-the-job experience is imparted via a “virtual office” – a simulation exercise that prepares graduates for the real thing.
Interested graduates should contact Guarantee Trust Corporate Support Services at 011 466 3312 during office hours to apply for entry to the programme.
l Guarantee Trust has been contracted to run a similar programme by the Banking Seta this year.
The programme is for unemployed commerce graduates to prepare them for entering the banking and microfinance sector.
The banking sector work-readiness programme delivery will feature a virtual banking module that simulates the credit risk assessment environment, where students deal with real-life banking situations, thereby accelerating their learning experience before being placed into employment.
It, too, will look at soft skills as well as technical aspects of the sector.
The cut-off date for applications for this programme is February 13.
All applicants must be prepared to find a place to stay in the greater Joburg/Pretoria, Cape Town or Durban areas for the duration of the programme
They must be currently unemployed or employed in a non-banking and non-microfinance job and must not have been involved in prior graduate recruitment programmes or in a learnership for the broader banking and microfinancing sector
Only 140 places are open in Gauteng, Durban and Cape Town.
l For more information on these programmes, call Guarantee Trust at 011 466 3312, Durban 031 701 6702 or Cape Town 021 762 9245. Visit www.guarantee.co.za