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Old 12th November 2019, 03:54 PM
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Default ACET Exam, Dates, Eligibility Criteria, Registration, Application, Admit Card, Result, Exam Pattern, Syllabus

Can you provide me the details of the Actuarial Common Entrance Test (ACET) as I will be giving the exam this time, please help me with this?
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Old 12th November 2019, 03:57 PM
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Default Re: ACET Exam, Dates, Eligibility Criteria, Registration, Application, Admit Card, Result, Exam Pattern, Syllabus

The Actuarial Common Entrance Test (ACET) is an entrance exam for those who want to join as student members of the Institute of Actuaries of India (IAI) and plan to take & qualify in the various actuarial exams conducted by the IAI.

If one is already a member of the IAI, one need not to take this entry exam and can continue to appear for the various actuarial examinations.


ACET Important Dates (Tentative)

The exam is conducted twice in a year:



ACET June

Registrations Start: February
Registrations Close: April
Date of Exam: June
Date of Results: July
Last Date to take Student Membership Admission (if wants to appear for November Exam): July


ACET December

Registrations Start: August
Registrations Close: August
Date of Exam: December
Date of Results: January
Last Date to take Student Membership Admission (if wants to appear for June Exam): January



ACET Eligibility Criteria

One should have passed 10+2 from a recognized central or state board of education in India.

One should have studied English as one of the core subjects.

Ones, who already qualified higher level education and also those working and having qualifications in mathematical subjects, is also eligible to appear in the entrance exam.


Postgraduate, Graduate, Engineering students, Chartered, Management students and Cost Accountants, Company Secretaries degree holders in Statistical Sciences and Mathematical etc., can also apply.


ACET Registration

Registration of ACET is an online process so eligible candidates can read the steps below to apply for the CBT:

Fill basic, academic and contact details on the registration form carefully.

Once the form is completed, fill the ACET registration fee online.

On successful transaction, one will receive a confirmation mail on the registered email address.

One must get a print out of the completed registration form of ACET for future reference.


Application Process

One can apply online for the exam on the official website of IAI

The registration fee (non-refundable) is Rs.3000 which includes the cost of the study material, ACET online exam and online tutorials. Payment can be made through credit/ debit card or internet banking.

Keep a printout of hall-ticket (admit card)


Documents required at the time admission registration:
10th Mark Sheet
12th Mark Sheet
Date of Birth ID Proof (Birth Certificate, Pan Card, Passport, School/College Leaving Certificate)
Photo ID Proof (Pan Card, Passport, School/College Id Proof)
Name Change Document (If required)


ACET Admit Card
IAI released the ACET admit card in online mode.
One may download ACET admit card from the official website.
It is mandatory to report at the CBT venue with the admit card for verification purposes.


ACET Result
The result of ACET is made available by IAI in online mode. Candidates need their login credentials to obtain the result. The result shows whether a candidate has met the passing criteria or not.


ACET Exam Pattern
The question paper will be MCQ type. The whole question paper will be of 100 marks. Each question will have one correct answer. It will be divided into two sections -
Section-I - Mathematics, Statistics, and Data Interpretation will contain 55% of weightage.
Section-II - English and Logical Reasoning will contain 45% of weightage.

The Distribution of questions is among sections:
45 questions - 1 mark each
20 questions - 2 marks each
05 questions - 3 marks each


Marking Scheme for ACET Exam
1 mark will be allotted for the each correct response.
There would be negative marking for incorrect answers. For an incorrect answer, half of the weight age of marks will be deducted.


ACET Syllabus

Mathematics:
Notation and standard functions
Numerical Methods
Algebra
Differentiation
Integration
Vectors
Matrices


Statistics:
Permutations and combinations
Types of data
Measures of location
Measures of spread
Probabilities
Advanced probabilities
Discrete random variables
Continuous random variables
Discrete distributions
Continuous distributions
Correlation
Regression


English:
Vocabulary Based (Synonyms Antonyms)
English Usage or Grammar
Sentence Correction
Fill in the blanks
Cloze Passage
Analogies or Reverse Analogies
Jumbled Paragraph
Meaning-Usage Match
Summary Questions
Verbal Reasoning
Facts/Inferences/Judgements
Reading Comprehension
Vocabulary
Grammar
Verbal Reasoning


Data Interpretation:
Tables
Column Graphs
Bar Graphs
Line Charts
Pie Chart
Venn Diagrams
Caselets


Logical Reasoning:
Number and Letter Series
Calendars
Clocks
Cubes
Venn Diagrams
Binary Logic
Seating Arrangement
Logical Sequence
Logical Matching
Logical Connectives
Syllogism
Blood Relations


ACET Question Paper





ACET Exam Centres

Mumbai, Delhi, Kolkata, Bangalore, Gurgaon, Chennai, Pune, Hyderabad, Jaipur, Ahmedabad, Lucknow, Faridabad, Chandigarh, Bhopal, Nagpur, Surat, Ranchi, Kochi, Bhubaneswar, Dehradun, Patna Vizag, Coimbatore, Baroda, Guwahati, and Raipur.


ACET Reference Books

ACTUARIAL COMMON ENTRANCE TEST (ACET) ENGLISH AND LOGICAL REASONING: (Practice Papers with Answers/Solutions) Kindle Edition
by Dr. VIJAY K. MALHOTRA (Author)




Study Material / Books For Actuarial Science Examination ( Acet ) All Solved Including Sample Papers (Spiral, Sourav Sirs Classes)



Study Material Actuarial Science Cs1 Core Statistics Entrance Examination With Topicwise Analysis,special Practice Set,mcq Question (SPIRAL, SOURAV SIR'S CLASSES)



Study Materials For Actuarial Science Ct03 Paper Probability And Mathematical Statistics With 2000+ Solved Problems Model (SPIRAL, SOURAV SIR'S CLASSES)




ACET Study Material (Book-1 to 5) for Actuarial Common Entrance Test (fully updated 2019) Spiral-bound - 2019
by BasicEdTech (Author)




Preparation Tips

One must manage time as per the exam dates before two-three months of the examination.

One must study as per the syllabus given by the officials and their topics.

Do practice and revision on a regular basis.

One must always assemble the good study material for the exam.

One must always be aware with the marking scheme.

One must always keep oneself healthy for the exams.

One should be well versed with the ACET pattern and types of questions which will appear in the exam.

One must be thorough with the ACET syllabus and topics to grasp the subject matter for the exam.

One must practice problems in the subject areas listed under the ACET syllabus. This can be done through the help of the reference books recommended by IAI.

One must practice from the ACET sample paper.


ACET Answer Key
The authority usually releases the answer key a few days after the declaration of ACET result on the official website. The answer key helps the candidates judge their performance and calculate their probable score.

Last edited by Neelu Bhasin; 12th November 2019 at 04:03 PM.
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