Bursaries funded by Schroders' Multi-asset Investments and Portfolio Solutions (MAPS) division have been awarded to five postgraduate students in the Department of Statistics and Actuarial Science at Stellenbosch University (SU) in 2016.
An agreement, which comprises postgraduate bursaries, research collaboration and a yearly high-profile investment seminar, was signed in November 2105 between SU's Department of Statistics and Actuarial Sciences and MAPS.
Schroders is a global asset management firm which has been developed under stable ownership for over 200 years. It is one of the largest independent investment management firms listed on the London Stock Exchange, with more than $430 bn under management (as at 30 June 2015).
From 2017, Schroders and individual contributors will:
- Provide 40 full postgraduate bursaries over a two year period in the Department of Statistics and Actuarial Science as well as in the wider Faculty of Economic and Management Sciences, with preference given to students coming from disadvantaged backgrounds;
- offer twenty R20 000 awards for the best research proposals in finance;
- support joint research projects on new topics as well as further research on existing MAPS papers;
- establish an investment forum for students aimed at debating trends in investment management; and
- fund a yearly high-profile investment seminar featuring international experts.
The first seminar will take place at STIAS on 5 and 6 April.
On the photo with the students are Prof Niel Krige (Chairperson of SU's Development Office) far left, Dr Nico Marais (Head of MAPS) 5th from the left and Prof Willie Conradie (Chair of the Department of Statistics and Actuarial Science) far right.
The students are from left to right: Justin Perrang (Hons BCom Financial Risik Management), KJ Sebitlo (Hons BCom Financial Risik Management), Briance Mathebula (Hons BCom Actuarial Science), Simonn Benjamin (Hons BCom Mathematical Statistics) en Purishlin Govindasamy (Hons BCom Actuarial Science).
