South African Reserve Bank: Data Science Graduate Programme 2024 (Get Full support)

The South African Reserve Bank (SARB) is looking for talented postgraduates to join its one-year Graduate Development Programme in February 2024. Ready to kickstart your career in data science? The comprehensive Data Science Graduate Programme is designed to equip recent graduates with the skills and knowledge needed to excel in this rapidly growing field.

About the Data Science Graduate Programme 2024

The SARB serves the economic well-being of South Africans through maintaining price and financial stability. It is responsible for the regulation of the South African financial sector, design and distribution of banknotes and coin, management of interest rates, setting the cash reserve requirement for banks and ensuring the stability of both the banking sector and the wider financial system.

Data science is an inter-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data. The core outcome of this programme is to develop deep capabilities in advanced analytics in central banking.

The Program Description:

Graduates will be placed in the Business Solutions and Technology Department (BSTD) at the SARB from February to December 2024. During the programme, graduates will attend various learning interventions, including technical training as they will be assigned to a business department where they will work on unique and complex business problems, while keeping the section about attending learning interventions at the SARB Academy. The programme offers opportunities for a Data Science track.

Benefit for Data Science Graduate Programme 2024:

  • Join our programme and gain hands-on experience working with cutting-edge technologies and real-world datasets. Our expert instructors will guide you through a rigorous curriculum covering everything from statistical analysis to machine learning algorithms.
  • Throughout the programme, you’ll have the opportunity to collaborate with industry professionals on exciting projects, giving you valuable insights into the practical applications of data science.
  • Upon completion, you’ll emerge as a proficient data scientist ready to tackle complex challenges and drive innovation in any industry.


Programme Requirements:

To be considered as a SARB Graduate, candidates must have a postgraduate qualification or be in the process of completing a postgraduate qualification (ideally completed the course work) in one of the following fields:

  • Data Science.
  • Machine Learning/Artificial Intelligence.
  • Predictive Analytics Modelling.
  • Statistics
  • Applied Mathematics
  • Economics with Econometrics. (would be advantageous)
  • Information Technology
  • Engineering
  • Business Mathematics and Informatics
  • Coding with R and Python

Who are Eligible for Data Science Graduate Programme:

Prospective candidates must:

  • be South African citizens
  • be curious, innovative and self-motivated individuals with strong analytical skills;
  • have a proven track record of academic excellence, with an overall average mark of 65% and above
  • have excellent communication and interpersonal skills; and
  • have evidence of participation in data science competitions (e.g. Kaggle) and/or contributions to projects on GitHub/Gitlab (would be an added advantage).

How to South African Reserve Bank (SARB)

  • Please include a CV, copy of your academic transcript and your identity document with your application.


  • Shortlisted applicants will be invited to participate in interviews and will be subjected to a psychometric assessment, an appropriate reference check and a security clearance as part of the selection process.
  • SARB’s commitment to diversifying its workforce, preference will be given to suitable candidates from designated groups. Correspondence will be limited to shortlisted candidates only


Don’t miss out on this opportunity to jumpstart your career in data science. Apply now and take the first step towards a rewarding future. Start Now

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