In a rapidly evolving world, skills development is not just important — it’s essential. If you’re a South African youth seeking career growth, the Finance and Accounting Services Sector Education and Training Authority (FASSET) offers you a golden opportunity. Their funded Employment and Training Opportunities can be your gateway to a thriving career — and they pay you a stipend while you learn!
In this comprehensive guide, we’ll walk you through everything you need to know about applying for FASSET opportunities, including the application process, training providers, stipend details, and insider tips to maximize your success.
What is FASSET?
FASSET (Finance and Accounting Services Sector Education and Training Authority) is one of South Africa’s 21 SETAs. It focuses on developing skills for the finance, accounting, management consulting, and other related services sectors.
Its main aim? To increase the number of skilled workers in these fields through learnerships, internships, bursaries, and skills programs.
If you’re passionate about fields like accounting, auditing, bookkeeping, taxation, business consulting, and financial management — FASSET opportunities are tailor-made for you.
What Are FASSET Funded Employment and Training Opportunities?
FASSET provides funded training programs that equip unemployed youth and graduates with industry-specific skills. Successful candidates often complete qualifications that make them workplace-ready, and many are absorbed into permanent employment after completing their training.
Some programs you can apply for include:
- Learnerships (12 to 24 months)
- Internships (12 months)
- Skills Programs (Short-term courses)
- Work Integrated Learning for university students
- Graduate Work Readiness Programs
Best Part?
You receive a monthly stipend during your training!
Who Can Apply for FASSET Opportunities?
You are eligible if you:
- Are a South African citizen
- Are between 18–35 years old
- Are currently unemployed
- Have a qualification relevant to Finance, Accounting, Business, or Management Consulting
- Meet the academic requirements for the specific program you’re applying for
- Are passionate about a career in the finance and accounting sectors
Some programs accept candidates with just Grade 12, while others require a Diploma, Degree, or Postgraduate qualification.
What Documents Do You Need to Apply?
- Before you start, gather the following documents:
- Certified copy of your South African ID (not older than 3 months)
- Certified copy of your Matric Certificate
- Certified copies of qualifications (Diploma, Degree, etc.)
- Updated Curriculum Vitae (CV)
- Academic transcripts (if applicable)
- Proof of residence
- Police Clearance Certificate (some programs require it)
- Bank confirmation letter (for stipend payments)
How to Apply for FASSET Funded Opportunities (Step-by-Step)
Here’s a simple but detailed step-by-step guide:
Step 1: Identify Available Programs
Visit:
- FASSET Website: www.fasset.org.za
- Social Media Platforms: Facebook, LinkedIn, X (Twitter)
- Partner Training Providers’ Websites
Look for open opportunities, usually posted under “Learnerships,” “Internships,” or “Skills Programs”.
Step 2: Choose the Right Program
Choose a program that matches your qualifications and career interests.
Examples:
- BCom Accounting graduates might prefer the Professional Accountant Learnership.
- Diploma in HR Management holders might choose the Work Readiness Program for HR Professionals.
Step 3: Complete the Application Form
Most training providers require you to complete a form. You’ll usually fill in:
- Personal Information
- Educational Background
- Work Experience (if any)
- Motivation Letter (why you want the opportunity)
Step 4: Submit Your Documents
Upload or email all the documents requested. Ensure all certificates are recently certified.
Hot Tip:
Always send a neatly formatted PDF file, not messy photographs!
Step 5: Attend Interviews and Assessments
Shortlisted candidates may be invited to:
- Telephonic Interviews
- Online Tests (Numeracy, Literacy, Psychometric)
- Face-to-Face Interviews
Prepare well! Research basic accounting and finance concepts beforehand.
Step 6: Receive Acceptance and Sign Contracts
If selected:
- You’ll be given a Learnership or Internship Agreement to sign.
- You’ll also sign a contract stipulating stipend amounts and program expectations.
Then you’re ready to begin your new journey!
Top FASSET Accredited Training Providers
Many trusted companies work with FASSET to deliver these programs. Some top providers include:
| Training Provider | Website / Contact | Specialization |
| i-Fundi | www.ifundi.co.za | Learnerships across Finance and Management |
| Chartall Business College | www.chartallcampus.com | Accounting and Business Training |
| Stanley Hutcheson & Associates | www.sh-a.co.za | Work Readiness Programs |
| Guarantee Trust | www.guranteetrust.org | Accounting and Work Readiness |
| Knowledge Trust | www.knowledgetrust.org | Graduate Internship Programs |
Most opportunities are advertised directly through these providers’ websites or FASSET announcements.
How Much is the Stipend Paid?
Depending on the type of program and qualification level, the typical monthly stipend for FASSET programs ranges between:
| Level / Program | Stipend Range (per month) |
| Matriculants (Entry Level) | R3,500 – R4,500 |
| Diploma Holders | R4,500 – R5,500 |
| Degree Holders | R5,500 – R7,000 |
| Postgraduates | Up to R8,000 |
Important: Stipends are paid monthly into your verified bank account.
This stipend helps cover transport, meals, and minor living expenses while you build your career.
Benefits of Joining a FASSET Funded Program
- Earn while you learn
- Get industry-recognized qualifications
- Build professional experience
- Improve employability
- Network with industry players
- Some candidates secure permanent employment directly after!
Tips to Boost Your Application Success
- Apply early! Some programs have limited space.
- Triple-check your documents for certification and completeness.
- Tailor your CV to highlight relevant finance, accounting, or admin skills.
- Practice basic finance interview questions before assessment days.
- Stay professional during all interviews — first impressions count.
Frequently Asked Questions (FAQs)
Q: Do I pay anything to apply?
Answer: No. FASSET opportunities are fully funded. If anyone asks for payment, it’s a scam.
Q: Can I apply for multiple programs?
Answer: Yes! But make sure you qualify for each one.
Q: How long does it take to get a response?
Answer: Usually 4–6 weeks after applications close, but it can vary.
Q: Can I reapply if I’m unsuccessful?
Answer: Absolutely. Many successful candidates get in on their second or third try.
Final Thoughts
The FASSET Funded Employment and Training Opportunities are one of South Africa’s best-kept secrets for career success in 2025. Whether you’re a Matriculant, Graduate, or Postgraduate, there’s a perfect opportunity waiting for you.
By following this detailed guide, preparing your documents carefully, and applying to the right programs, you can kickstart an amazing professional journey — with a stipend in your pocket!
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