ACET

ACET Exam 2024 (December Session): Check Dates, Registration, Eligibility, Syllabus, and Result

Actuarial Common Entrance Test

Registration End Date
5th Dec 2024

exam date

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New Updates About ACET

  • 21 November, 2024 : ACET 2024 December Registration Ongoing. Apply Here.

ACET Highlights

Particular Details

Actuarial Common Entrance Test

Institute of Actuaries of India

21st Dec 2024

₹ 3,000

National

online

https://member.actuariesindia.org/acetstudents

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Table of Content

The ACET Registration for the December session is currently ongoing on the ACET official website. Candidates willing to register for the exam must visit the official website of IAI – actuariesindia.org. The last date for ACET Registration 2024 December session is set for 5th December 2024. The examination conducting authority is expected to release the ACET Admit Card 2024 for the December session on 10th December 2024. the ACET exam will be held on 21st December 2024.

According to the ACET 2024 Exam Pattern and Syllabus, there will be five sections: Mathematics, Statistics, Data Interpretation, English, and Logical Reasoning. The ACET Exam is three hours long and has a total mark of 100. It will be conducted online, and there will be a total of 70 multiple-choice questions. The ACET Result is expected to be released on 28th December 2024 on the official website of IAI.

What is the ACET Exam?

ACET 2024 Exam (Actuarial Common Entrance Test) is a national-level exam that is held to give students admission into Actuarial programs at Indian institutions. The ACET result is valid for three years from the date of the exam's announcement for IAI student membership. The candidates who qualify the ACET exam then become eligible to apply for the IAI membership to apply and pursue actuarial course offered by the Institute of Actuarial Sciences. The exam is conducted twice a year in online mode.

ACET 2024 Exam Highlights

Candidates can check the important and key highlights of the ACET exam tabulated below. This will give the candidates a fair idea on what is ACET exam and what is the purpose of the exam.

Particulars

ACET Exam Details

ACET Full Form

Actuarial Common Entrance Test

Commonly Known as

ACET

Exam conducting body

The Institute of Actuaries of India (IAI)

Purpose

Entrance for Actuarial Sciences course

Level of exam

National

Exam frequency

Twice a year

Mode of exam

Online CBT

Exam duration

3 hours

Upcoming sessions

December 2024 

Official Website

http://www.actuariesindia.org

Helpline Number

+91 – 22 – 62433333

ACET 2024 Important Dates – December Session

The registration process for ACET 2024 for the December session is ongoing, and application forms have been made available by the exam's organizing body. Candidates can find ACET-related events on the calendar below.

Events

ACET Exam Dates 2024

Timeline

Application form starts

25th Oct 2024

3.00 p.m.

Last Date for the Submission of the application form

5th Dec 2024

6.00 p.m.

Admit card release

10th December 2024 (tentative)

2.00 p.m. (tentative)

ACET exam

21st Dec 2024

10.00 a.m. – 1.00 p.m.

ACET Result Date

28th Dec 2024

--

ACET Eligibility Criteria

The "Actuarial Common Entrance Test" applies to the candidates who plan to enroll as student members of the Institute of Actuaries of India and wish to take actuarial examinations. Any candidate studying for the below can apply for the ACET exam.

  • Students who have appeared 10+2 or an equivalent examination and waiting for the result.
  • A candidate who have passed 10+2 or any other higher courses/examinations.
  • Diploma.
  • Finance, or any other stream, but you have love for Mathematics and skills in Numeracy.
  • Mathematical Sciences: Maths, Statistics, Econometrics or any other.
  • Engineering.
  • Management.
  • Chartered Accountant, Cost Accountant or a Company Secretary.

ACET Application Form

The ACET Registration for the December 2024 session started on 25th October 2024 and is currently ongoing. The students willing to take this exam should complete the application form before the deadline of 5th December 2024. The application process for ACET involves 4 major steps – registration, filling out the application form, uploading the documents, and the ACET application fee payment. Candidates are advised to go through the procedure explained below.

Step 1: Registration

The first step to begin with the ACET application form is to register for the exam. To register for ACET, candidates can follow the below steps.

  • Visit the ACET website at actuariesindia.org.
  • Click the ACET registration link on the home page.
  • Enter your name, email address, and phone number to sign up.
  • After you sign up, you will receive a confirmation email.

Step 2: Filling out the ACET Application Form

The next step is to fill out the ACET application form by using the link received on your email ID. Follow these steps to fill out the form.

  • Login to your ACET account
  • Click on the “Registration form” tab-> fill in your personal details-> Confirm & Next.
  • Education Details->Click on “Add Educational details”-> Enter 10th grade info ->Save. (Follow the same process for 12th grade)->Confirm and Next.
  • Select “State” and “City” -> Confirm & Next.
  • Read the Declaration -> Click on “I Accept”.

Step 3: Uploading the Relevant Documents

Under this step, the candidates must upload a recent photograph in the format specified and double-check all the information.

Document

Format

Dimensions

Resolution & Size

Photograph

.png, .jpg, .bmp, .jpeg, .gif, .raw

4.5 cm length x 3.5 cm width

150 px * 150 px, not more than 1 MB

Step 4: Pay the registration fee 

The last step to fill out the ACET application form is to pay the ACET fees in online mode using debit/credit card, net banking, or any UPI payment method. The application fee for ACET 2024 is Rs 3000, which is non-refundable. The ACET registration fee includes the cost of the sample and subsequent solutions. The table below is ACET application fees for different caste and gender:

Category

Quota

Mode

Gender

Amount

ST, SC, General, OBC

-

Online

Transgender, Female, Male

INR 3000

ST, SC, General, OBC

PWD

Online

Transgender, Female, Male

INR 3000

After completing ACET 2024 Registration, you will receive a Welcome Kit containing a sample question paper and an indicative solution. Following the effective ACET 2024 registration, all subsequent correspondence is sent to the registered email address.

ACET 2024 Admit Card

The ACET admit card is released online. Only candidates who have successfully registered will be able to download the admit card after logging in to the official website. Candidates must have an ACET admit card in order to take the exam. Students will not be permitted to take the exam unless they have it.

Steps to Download the ACET Admit Card

To download the ACET Admit Card, candidates need to follow the below step-by-step procedure.

  • Visit the IAI's official website at actuariesindia.org.
  • Log in to the ACET 2024 candidate portal.
  • Enter your login ID and password, then click Sign-in.
  • On the screen, you will see the option to Download ACET Admit Card.
  • Download your ACET Admit Card in PDF format by clicking on the link.
  • Take a printout of the admit card as well for future reference. 

Details Mentioned on the ACET Admit Card

Candidates must check that the following details are mentioned on the ACET admit card accurately and correctly, and should notify the appropriate authorities immediately if any errors are found.

  • Name of the candidate
  • Photograph
  • Signature
  • Exam Date and Time
  • Exam Centre details

Documents Required at the Exam

Candidates need to carry the below mentioned documents on the day of the ACET exam to the exam hall.

  • Admit card
  • Valid photo ID
  • Class 12 admit card or college id duly attested (only for class 12 students)

ACET Exam Pattern

ACET is a Computer Based Test (CBT) online exam. The exam contains 70 questions in total, which the candidates must complete within a duration of three hours. Check out the table below to learn more about the ACET exam pattern 2024.

ACET Exam Particulars

Details

Language

English

Exam Duration

3 Hours 

Exam Mode

Computer-Based Test Mode (CBT)

ACET Total Marks

100

Negative Marking

No 

Total Number Of Questions

70

Distribution of Questions

  • 45 questions: 1 mark each
  • 20 questions: 2 marks each
  • 5 questions: 3 marks each

Type of Questions

MCQ 

ACET Exam Pattern: Section Wise Marks Distribution

Candidates can check the detailed section-wise distribution of marks in each subject tabulated below. Candidates are advised to be well-versed with the ACET exam pattern and prepare accordingly for the exam.

ACET Exam Sections

Marks Allotment

Mathematics

30 marks

Statistics

30 marks

Data Interpretation

15 marks

English

15 marks

Logical Reasoning

10 marks

Total

100 marks

ACET Syllabus

The Institute of Actuaries of India (IAI) has made the ACET syllabus 2024 available on its website. The ACET syllabus is announced, explaining all of the topics/chapters under each topic as well as the topic weightage. The ACET 2024 syllabus consists of five subjects: Mathematics, English, Statistics, Data Interpretation, and Logical Reasoning. Candidates preparing for the upcoming session of the ACET exam should prepare according to the syllabus and the weightage of marks.

The two sections with the highest number of marks are mathematics and statistics. Candidates must prepare for ACET 2024 by covering all topics. 

ACET Exam Sections

Syllabus & Topics Covered

Mathematics

  • Notation and standard functions
  • Numerical Methods
  • Algebra
  • Differentiation
  • Integration
  • Vectors
  • Matrices

Statistics

Permutations and combinations.

Types of data

Statistical diagrams, bar chart, histogram, dot plot, stem-and-leaf, boxplot.

Measures of location

mean, median, mode

Measures of spread

range, interquartile range, standard deviation, variance, Skewness

Probabilities

basic rules of probabilities

Advanced probabilities

tree diagrams, conditional probabilities

Discrete random variables

definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness

Continuous random variables

definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness

Discrete distributions

discrete uniform, Bernoulli, binomial, Poisson

Continuous distributions

continuous uniform, exponential, the normal distribution

Correlation

scatter plots, covariance, correlation coefficient

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: Vocabulary questions test the candidate's knowledge of the primary meanings of words, secondary shades of meaning, usage, idioms and phrases, antonyms, related words, etc.

Grammar: Grammar-based questions test the candidate's ability to spot and correct grammatical errors. It should generally tests knowledge of high school level grammar and includes areas like subject-verb agreement, use of modifiers, parallel construction, redundancy, phrasal verbs, use of articles, prepositions, etc.

Verbal Reasoning: Verbal Reasoning questions are designed to test the candidate's ability to identify relationships or patterns within groups of words or sentences.

Data Interpretation

Data is given in form of tables, charts and graphs. In this section it is tested that how can you interpret the given data and answers the questions based on it.

  • Tables
  • Column Graphs
  • Bar Graphs
  • Line Charts
  • Pie Chart
  • Venn Diagrams
  • Caselets
  • Combination of two or more types linked to each other

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 Exam Preparation Tips

The difficulty level of the ACET exam is usually considered between easy and moderate. However, this does not mean that the exam will not require any kind of preparation. To prepare for the upcoming ACET exam, the candidates can utilise the tips and strategies given below.

Understanding the Syllabus

It is critical to understand the ACET Exam syllabus. You will gain a good understanding of your focus areas as a result of this. You can divide the syllabus into sections to cover it quickly. Sort them into easy and complex categories, and begin with the difficult ones. 

Understanding the Exam Pattern

After reviewing the syllabus, you should look over the ACET Exam Pattern. It will assist you in understanding your paper pattern, time limit for completing the exam, and other critical information.

Making a Timetable for Daily Subjects

Scheduling can be time-consuming, but it is necessary. It provides an outline of your study schedule. It would be beneficial if you remained committed to completing your syllabus in the allotted time. Always begin with difficult subjects; once completed, they will give you a sense of accomplishment.

Obtaining Study Materials

Once you understand the syllabus, you can locate the best study materials for a specific topic. It could come in the form of books or videos. In addition, keep collecting practice papers and taking notes. It will help you when your exams are around the corner and knocking at the door.

Mock Tests

Always make time for practice tests. They play an important role in your study session. A mock test will assist you in understanding your areas for improvement as well as improving your answering patterns. Furthermore, mock tests are the best way to overcome exam anxiety. The more mock tests and previous year papers you take, the more confident you will become.

Revision

Begin revising at least a week before your exams. Make sure you're doing it with notes. If you stumble upon anything new, you will lead yourself to panic. Revising allows you to go over everything you have prepared for over the last few months. As a result, always leave time for revision when scheduling.

ACET 2024 Reference Books

For concept clarification, candidates preparing for ACET 2024 exam must use ACET reference books. First, candidates must go through the list of ACET books available on the IAI website. Next, find below the list of ACET preparation books.

Book Title

Authors/ Editors/ Publishers

TOMATO ( Test of Mathematics at Ten plus Two-Level)

ISI

How to Prepare for Verbal Ability and Reading Comprehension for CAT.

Arun Sharma and Meenakshi Upadhyay, McGraw Hill

How to Prepare for Qualitative Aptitude for the CAT.

Arun Sharma

Quantitative Aptitude for Competitive Examinations

Abhijeet Guha

The Pearson and Guide to Verbal and Logical Reasoning for the CAT

Nishit K. Sinha

Quantitative Aptitude for MBA Entrance Examination

R.S. Aggarwal

High School English Grammar and Composition

Wren and Martin

Word Power Made Easy

Norman Lewis

Problem Solving Strategies

Arthur Engel

Challenges and Thrill of Pre-College Mathematics

New Age International Publishers

Challenging Mathematical Problems with Elementary Solutions

A.M Yaglom and I.M Yaglom

An Excursion in Mathematics

M.R Modak, S.A. Katre, V.V. Acharya, V.M. Sholapurkar

Problems Primer for the Olympiad

C R Pranesachar, B J Venkatachala, C S Yogananda

ACTED Study Material

FAC and STATSPACK

How to Download ACET Previous Year Papers?

Candidates must download previous years' ACET question papers and solutions, which are easily available on IAI's official website. Candidates can improve their knowledge and exam preparation by downloading previous years' papers. It will also assist candidates in understanding the types of questions and the format of the exam paper. The steps candidates must take to download previous years' question papers are listed below.

  • Go to the official IAI website, www.actuariesindia.org.
  • Navigate to the ACET tab and select the 'Past Questions and Solutions' tab. A list of question papers will appear on the screen.
  • Click on the link of the year candidates want to download the questions paper. The question paper will open on the screen.
  • Select the 'Download' and 'Save' buttons.

ACET 2024 Answer Key

The ACET answer key will be posted online the day following the exam. Candidates will be able to calculate their likely exam scores using their answer key. Students will also be able to object to the answer key. The final ACET answer key will be released along with the results after all valid objections have been considered.

Key Points for ACET 2024 Answer Key

Students must remember the following points when it comes to the ACET answer key.

  • The ACET 2024 answer key will be made available before the exam results are announced. 
  • The answer key will assist candidates in predicting their likely score.
  • The final answer keys will be made available along with the ACET 2024 results.

ACET 2024 Result

The ACET December 2024 results will be made available by IAI on December 28, 2024. The ACET 2024 result is going to be valid for three years after it's declared. The candidate must join the IAI during this three-year period in order for the ACET 2024 result to be valid.

How do I download ACET 2024 result?

To download the ACET 2024 result, candidates simply need to follow the steps listed below.

  • Visit the official website of ACET
  • Locate the result link and click on it
  • Enter your ID and password in the login window that appears.
  • The ACET 2024 result will be displayed on the screen.
  • Print the result after downloading it.  
  • ACET 2024 results will be declared simply as pass or fail; no scores will be released.  

ACET 2024 Admission Process

The ACET admission process involves two major stages. Both of these stages have been described and briefed below for the reference of the candidates.

Stage One

The aspirant registers online and takes the ACET online. Candidates will be short-listed after taking the exam based on their performance. Following the announcement of the ACET results, one academic counsellor from the university will contact the shortlisted candidate within three working days to schedule the personal interview.

Stage Two

Candidates will be invited to the ADYPU campus for a counselling session and a personal interview. Candidates for MBA programs must participate in a Group Discussion, while candidates for design programs must participate in a Studio Test. Students must bring their Statement of Purpose (SOP) and any certificates for extracurricular activities.

Every shortlisted candidate must attend the Second Stage in order to be admitted to their desired course. The cumulative performance of students in both rounds will be used to select students.

ACET 2024 Exam Day Guidelines

On the day of the ACET exam, the candidates must ensure to follow the below-mentioned guidelines to avoid any kind of issues or problems on the exam day.

  • The exam software must be downloaded and installed by candidates.
  • Leaving the room to use the restroom is not permitted while the exam is in progress.
  • During the exam, a clear water bottle can be kept.
  • It is forbidden to use electronic devices or access any other browser while leaving the system.
  • The room must be well-lit, and a web camera must be used without hindrance.
  • An IAI-approved scientific calculator is permitted.
  • Before beginning the exam, write down your login credentials on a piece of paper.

ACET 2024 Exam Centers

Candidates can check the complete list of the ACET exam centres mentioned below. The exam will be held in 24 cities across India.

State

City

Maharashtra

Mumbai

Pune

Nagpur

Delhi

Delhi

West Bengal

Kolkata

Karnataka

Bengaluru

Haryana

Gurgaon

Tamil Nadu

Chennai

Coimbatore

Telangana

Hyderabad

Rajasthan

Jaipur

Gujarat

Ahmedabad

Surat

Uttar Pradesh

Lucknow

Chandigarh

Chandigarh

Madhya Pradesh

Indore

Jharkhand

Ranchi

Kerala

Kochi

Odisha

Bhubaneshwar

Uttarakhand

Dehradun

Bihar

Patna

Andhra Pradesh

Visakhapatnam (Vizag)

Assam

Guwahati

Chhattisgarh

Raipur

ACET Contact Information

In case of any queries related to the ACET exam, the candidates can use the below information to contact the exam authorities.

Unit no. F-206, 2nd Floor, "F" Wing in Tower 2, Seawoods Grand Central,

Plot no R-1, Sector 40, Seawoods,

Near Seawoods Railway Station, Navi Mumbai - 400 706

Board Line: +91 - 22 - 62433333 Fax: +91-22 - 62433322

WORKING HOURS

Tuesday to Saturday: 10:00 am to 6:00 pm

(Lunch Break : 1:00 PM to 1:30 PM)

Departments

Level 0

Level 1

Level 2

Level 3 

ACET

acet@actuariesindia.org
022 62433336

naresh@actuariesindia.org
022 62433334

jamwal@actuariesindia.org
022 62433361 / 8779892930

ed@actuariesindia.org
022 62433357 / 9833675363

CB3

exam@actuariesindia.org
022 62433338

Examination

 

Training

ravindra@actuariesindia.org
022 62433348 / 9821407679

vinod@actuariesindia.org
022 62433359

vinod@actuariesindia.org
022 62433359

Study Material

nilima@actuariesindia.org
022 62433339 / 8291102181

Fellow/ Associate/ Affiliate Membership

sandeep@actuariesindia.org
022 62433337 / 9892741270

nilima@actuariesindia.org
022 62433339 / 8291102181

Exemption

Student Support Scheme

Change in Personal Details

Annual Membership

Admission

Library

sheetal@actuariesindia.org
022 62433345

Actuary India Magazine

prajakta@actuariesindia.org
022 62433333

ravindra@actuariesindia.org
022 62433348 / 9821407679

Website - Member/ACET Login

sumit@actuariesindia.org
022 62433352

larry@actuariesindia.org
022 62433353 / 8879594030

Seminars

paresh@actuariesindia.org
022 62433343 / 8433999029

binita@actuariesindia.org
022 62433342 / 9834689137

ed@actuariesindia.org
022 62433357 / 9833675363

Marketing

binita@actuariesindia.org
022 62433342 / 9834689137

Online Payment Related Queries

anvi@actuariesindia.org
022 62433347

navin@actuariesindia.org
022 62433344 / 9702597119

Vendor Payment From Institute Related Queries

ulhas@actuariesindia.org
022 62433346

Education

jamwal@actuariesindia.org
022 62433361

-

COP/CPD

yogesh@actuariesindia.org
022 62433350 / 9870229824

ed@actuariesindia.org
022 62433357 / 9833675363

Compliance

  • If you do not receive a reply within 2 working days on Escalation to Level 0 then you can contact the Level 1
  • If you do not receive a reply within 2 working days on Escalation to Level 1 then you can contact the Level 2
  • If you do not receive a reply within 2 working days on Escalation to Level 2 then you can contact the Level 3

Frequently Asked Questions

Who is eligible for CAT??

The registration fee for ACET 2023 application form is Rs. 3000. Candidates who have passed their 10+2 or equivalent level can apply for ACET 2023.

What is ACET Course??

Actuarial Common Entrance Test (ACET) is an entrance exam by the Institute of Actuaries of India (IAI) for individuals who wish to pursue their careers as an actuary.

What is the passing marks for ACET??

The Pass mark for ACET Examination is 50%.

Can I give ACET after 12th??

Working professionals with a minimum of 12th qualification are also eligible to register for the exam.

Is Maths compulsary for ACET??

Yes, Mathematics is a compulsary subject in XII board exams with 60% aggregate.

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