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ACET

Actuarial Common Entrance Test

Online Mode

ACET Basic Information

  • Application Fee:₹ 3,000
  • Examination Modes:Online Mode
  • Exam Conducting Body:Institute of Actuaries of India (IAI)

ACET March 2023 : Application Form(Released), Admit Card (Out), Exam Date(OUT), Eligibility

Updated On - February 06 2023 by Abhinandan Singh

ACET March 2023 Online Registrations will start from 3rd September 2022 at 3.00 pm and will close on 17th February 2023 at 3.00 pm. ACET 2023 i.e. Actuarial Common Entrance Test will be conducted by the Institute of Actuaries of India. The exam is organized thrice a year for the interested candidate to make a carrier in Actuary. It is a national-level exam. ACET is a computer-based test that will consist of Multiple Choice Questions(MCQ) type of questions that a candidate needs to complete in the given duration. All the candidates are advised to read the complete article to know more about the ACET 2023 application form, Syllabus, pattern, etc.

ACET 2023 Exam Status 

Candidates can check the essential information related to the ACET 2023 from the given below table:

ParticularStatus

Actuarial Common Entrance Test March 2023 notification

Released
Exam date18 March 2023

What is ACET ?

Answer: The Actuarial Common Entrance Test (ACET) is an entrance test administered by the Institute of Actuaries of India for admission into the actuarial qualifications offered by it. The exam tests candidates’ abilities in mathematics, statistics and probability that are essential skills of an actuary. Candidates can use the results of the ACET to apply for jobs as consulting actuaries, life and non-life insurance actuaries, pensions and investments consultants, health consultant and reinsurance analyst.

ACET 2023 Exam Dates

Candidates can check the important Actuarial Common Entrance Test (ACET) exam registration 2023 dates from the below-given table:
Actuarial Common Entrance Test March 2023 Dates
EventsDates 2023  
Registration starts3 September 2022 at 3.00 PM
Last date to register17 February 2023 up to 3.00 PM
Last date to register with late fee22 October 2023
Admit card releasedMarch 2023
ACET exam18 March 2023- (10.00 am to 1.00 pm)
Declaration of result28 March 2023
 

ACET 2023 Application form

Institute of Actuaries of India (IAI) has released the ACET 2023 application form. Check the eligibility before applying to avoid rejection.

  • The last date to fill out the ACET 2023 Application form online is 02 June 2023.
  • The candidate has to upload the photograph and signature as prescribed by the authority.
  • ACET 2023 Application Form fees have to be submitted to confirm the submission of the form.
  • The fee once paid will not be refunded. 
  • The candidate must take a print of the application form for further process.

ACET 2023 Application fee

The Registration fee for ACET 2023 was Rs 3000/-. Candidates can pay the ACET 2023 fee through Credit Card/Debit Card or by net banking.

ACET 2023 Eligibility Criteria 

The candidate must check the eligibility criteria before applying for the entrance exam. Given below the ACET 2023 Eligibility criteria in detail:

Qualification: Candidate must have passed 10+2 from any recognized university.
Age Limit: There was no specific age limit to apply for ACET.

ACET 2023 Exam Pattern

The candidate must be aware of the ACET 2023 Exam Pattern to get an idea about the exam. Given below the ACET Exam pattern in detail:

ACET 2023 Exam Scheme
Duration of the exam3hrs
ModeComputer-based Test(CBT)
Language of question paperEnglish
Types of QuestionsMultiple Choice Question(MCQ)
Total no of question70
Total Marks100
Marking SchemeThere will be no Negative Marking for wring Question

Section-wise distribution of Marks:

SectionsMarks
Section I (Mathematics, Statistics and Data Interpretation)75
Section II (English and Logical Reasoning)25

ACET 2023 Admit Card

  • ACET 2023 Admit Card has been released online on the official website.
  • Candidates can check the admit card by entering the registration ID and Password on the official website.
  • The candidate had to bring an Id proof along with them on the day of examination.
  • In case of any discrepancy found on the admit card, contact the authority immediately.

Details Mentioned in the ACET Admit Card 2023

Candidates can check the details mentioned in the ACET Admit Card 2023 below.

  • Candidate's name
  • Address of the candidates
  • Exam date
  • exam time
  • Address of the test center 

ACET 2023 Syllabus

The candidate must know the ACET 2023 syllabus to prepare well for the exam. Given below the ACET 2023 Syllabus in detail.

For Mathematics
  • Notation and Standard Functions
  • Numerical Methods
  • Algebra
  • Differentiation
  • Integration
  • Vectors
  • Matrices
For Statistics
  • Permutations and Combinations
  • Measures of Location
  • Measures of Spread
  • Probabilities
  • Advanced probabilities
  • Discrete random variables
  • Continuous random variables
  • Discrete distributions
  • Continuous distributions
  • Correlation
  • Regression
For English
  • Vocabulary Based (Synonyms Antonyms)
  • English Usage or Grammar
  • Sentence Correction
  • Fill in the blanks
  • Close Passage
  • Analogies or Reverse Analogies
  • Jumbled Paragraph
  • Meaning – Usage Match
  • Summary Questions
  • Verbal Reasoning
  • Facts/ Inferences/ Judgement
  • Reading Comprehension
Data Interpretation
  • Tables
  • Column
  • Graphs
  • Bar Graphs
  • Line Charts
  • Pie Charts
  • Venn Diagrams
For Logic
  • Number and Letter Series
  • Calendars
  • Clocks
  • Cubes
  • Venn Diagrams
  • Binary Logic
  • Seating Arrangement
  • Logical Sequence
  • Logical Matching
  • Logical Connectives
  • Syllogism
  • Blood Relations 

ACET 2023 Preparation Tips

Candidates can follow the given below ACET 2023 preparation tips to score well in the entrance exam.

  • Candidates must pay equal attention to all the topics which include sections like verbal, logical reasoning, and data interpretation along with maths and statistics.
  • The applicant must solve the mock paper provided by the IAI as it will help them in learning the type of questions and time management skills.
  • Candidates must practice sums at a regular interval of time.
  • Candidates must solve the previous year's question paper as it will help them to learn the pattern of the exam. 

ACET 2023 Result

Authority will declare the ACET Result 2023 online. The candidate has to login using a registration ID and Password to check the result. The candidate must take print of the Result for further process. The qualified candidate will be called for the Admission process.

 

ACET 2023 Exam Centres

Candidates can check the list of exam centres for ACET 2023 May exam below in the given table:

ACET 2023 Exam Centres
MumbaiDelhi
KolkataBangalore
GurgaonChennai
PuneHyderabad
JaipurAhmedabad
GuwahatiRaipur
LucknowChandigarh
IndoreNagpur
RanchiKochi
BhubhaneshwarDehradun
PatnaVizag
CoimbatoreSurat

ACET 2023 Highlights

The candidate can check the vital points regarding ACET 2023 from the below-given table:

ACET 2023 Basic Details
Exam NameACET 2023(Actuarial Common Entrance Test)
Conducting BodyInstitute of Actuaries of India (IAI)
ACET Official Websitehttp://www.actuariesindia.org/
Application FormApply Now
PurposeTo make carrier in Actuary

Institute of Actuaries of India

IAI is a statutory body established under The Actuaries Act 2006 (35 of 2006) for the regulation of the profession of Actuaries in India. The provisions of the said Act have come into force from the 10th day of November 2006, in terms of the notification dated 8th November 2006, issued by the Government of India in the Ministry of Finance, Department of Economic Affairs. As a consequence of this, the erstwhile Actuarial Society of India was dissolved and all the Assets and Liabilities of the Actuarial Society of India were transferred to and vested in, the Institute of Actuaries of India constituted under Section 3 of the Actuaries Act, 2006.

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ACET Important Dates

TitleDates
Form Date03 Sep - 17 Feb 2023
Admit card28 Feb 2023
Exam Date18 Mar 2023
Result28 Mar 2023

Actuarial Common Entrance Test Exam Pattern

Paper 1
Exam Duration:

3 hours

Total Marks:

---

Question Paper Type :

Multiple Choice Questions

Negative Marking:

No

S.No
Subjects
Questions
Marks
Total
1------------

Frequently Asked Questions

Comments

Form Start Date:

03 Sep 2022

Form End Date:

17 Feb 2023

The last date to submit the form was on 17 Feb 2023
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₹ 3,000

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