FEM/Mike Ilsley Memorial (MIM) Scholarship 2026 for Aspiring Chartered Accountants (CA(SA)) in South Africa – Fully Funded

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MAD Leadership Foundation invites ambitious South African youth to apply for the FEM/Mike Ilsley Memorial (MIM) Scholarship 2026 for Aspiring Chartered Accountants (CA(SA) which is focused on leadership, education, and personal growth.

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When is the Application Deadline:

📅 1 – 31 August 2025
Late or incomplete applications will not be accepted. Only online applications through the official link are considered.

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Tell Me About The Award:

The FEM/Mike Ilsley Memorial (MIM) Scholarship honours the legacy of Mike Ilsley, a leader committed to ethics and education. This scholarship is offered through the MAD Leadership Foundation to support outstanding young South Africans on the path to becoming Chartered Accountants (CA(SA)). The award includes full academic funding and personal development support.

Which Fields are Eligible?

Chartered Accountancy (CA(SA)) through a SAICA-accredited undergraduate degree

Type:

Undergraduate – Fully Funded

Who can Apply?

Applicants must:

  • Be South African citizens
  • Be currently in 1st or 2nd year of undergraduate study at a SAICA-accredited South African university
  • Be studying towards becoming a Chartered Accountant (CA(SA))
  • Have a minimum overall academic average of 70%, including at least 70% in Financial Accounting (2024)
  • Have a gross household income below R25,000/month

How are Applicants Selected?

Selection is based on:

  • Academic performance
  • Strong leadership potential and ethical values
  • Active involvement in community service
  • A sense of responsibility and service to others

Which Countries Are Eligible?

South Africa only

Where will the Award be Taken?

Accredited South African universities offering SAICA-recognised accounting programmes

How Many Awards?

Not specified – highly competitive

What is the Benefit of the Award?

Full financial support covering:

  • Tuition fees
  • Textbooks
  • Accommodation
  • Living expenses
    ✅ Mentorship and leadership training
    ✅ Career development support

How Long Will the Award Last?

For the remaining duration of the undergraduate programme, subject to satisfactory academic progress and leadership involvement.

How to Apply:

🔗 Apply only via the official online portal:
👉 MIKE ILSLEY MEMORIAL (MIM) SCHOLARSHIP
Applications via email, telephone, or other means will not be accepted.

Visit the Award Webpage for Details:
🌐 https://madleadership.org/apply/

Author

  • Okechukwu Liberty is a Mass Communication graduate and a dedicated content writer for AfterSchoolAfrica. He holds certifications in UK Agent and Counselling, and Ethical Business Practices in International Student Recruitment, equipping him with the expertise to guide students in their academic pursuits abroad.

    He specializes in researching and curating scholarship and empowerment opportunities for students aspiring to study abroad.

    Content Research Writer