The ASISA Academy Independent Financial Adviser (IFA) internship programme is making a steady contribution towards transforming what was historically a white male dominated industry.
The IFA internship programme provides high potential black graduates who have a keen interest in financial planning with the opportunity to intern at established top performing IFA practices. Interns are selected from graduates of the following four partner universities: University of Johannesburg (UJ), the University of the Western Cape (UWC), the University of KwaZulu Natal (UKZN) and Nelson Mandela University (NMU).
Interns participate in a structured programme that offers a powerful combination of work-readiness input, theoretical knowledge and practical work experience delivered by the Academy in partnership with the IFA practices.
Since the key objective of our internship programmes is to create desperately needed employment opportunities for black graduates, the conversion rate of internships to permanent employment is the true measure of the success of the internship programmes. We are proud of the fact that in 2017 more than 80% of the Academy’s IFA interns received offers of permanent employment from their hosting IFA practices.
On average 60% of our interns have been black female graduates, and the 2019 cohort of applicants once again reflects this demographic.
The Academy’s fourth IFA internship programme kicks off in February next year with some 40 successful intern applicants participating in the Academy’s work readiness programme, before joining IFA host practices in Cape Town, Johannesburg, Durban, East London and Port Elizabeth in March. The programme would not be possible without the generous financial support from Allan Gray, Coronation, Investec and Prudential.
We would like to invite you to view our IFA internship programme showcase video for more information.
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