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ACET

Actuarial Common Entrance Test

Exam Date: 25 Sep 2020 (Tentative)

Computer Based Test

Exam Date: 25 Sep 2020

ACET Basic Information

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

ACET 2020 (Postponed) : Admit Card, Syllabus, Pattern

Updated On - September 22 2020 by Jimmy

 ACET 2020 Exam has been postponed. Actuarial Common Entrance Test is conducted by the Institute of Actuaries of India (IAI). The exam is organized thrice in a year for the interested candidate to make a carrier in Actuary. ACET is a computer-based test that will consist of Multiple Choice Questions(MCQ) type questions which 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 2020 application form, Syllabus, pattern, etc.

Latest Update

  • ACET 2020 Exam has been postponed. The new date will be announced soon.

ACET 2020 Important Dates

Candidate can check the important ACET exam registration 2020 dates from the below-given table:

ACET 2020 Dates
ACET 2020 EventsMay 2020
Registration starts13th March 2020
Registration Closes30th June 2020
Release of admit cardTo be Announced
ACET 2020 May exam dateTo be Announced
Result announcementTo be Announced
Last date for membership admission for those who wants to appear for September 2020 ExaminationTo be Announced

ACET 2020 Admit Card

ACET 2020 Admit Card (May Session) will be released on the official website. Candidate can check the admit card by entering registration ID and Password on the official website. Candidate has 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. ACET hall ticket will contain the following details:

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

ACET 2020 Exam Pattern

Candidate must be aware of the ACET 2020 Exam Pattern to get an idea about the exam. Given below the ACET Exam pattern in detail:

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 2020 Syllabus

Candidate must know the ACET 2020 syllabus to prepare well for the exam. Given below the ACET 2020 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 2020 Preparation Tips

Candidate can follow the given below ACET 2020 preparation tips to score well in the entrance exam.

  • Candidate 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 2020 Application form

Institute of Actuaries of India (IAI) had released the ACET 2020 application form at the official website on 13 March 2020. Check the eligibility before applying to avoid rejection.

  • The last date to fill the ACET 2020 Application form online (May Session) is 05 June 2020.
  • The candidate has to upload the photograph and signature as prescribed by the authority.
  • ACET 2020 Application Form fees have to be submitted to confirm the submission of the form.
  • Fee once paid will not be refunded. 
  • Candidate must take print of the application form for further process.

ACET 2020 Application fee

The Registration fee for ACET 2020 was Rs 3000/-. Candidate can pay the ACET 2020 fee through Credit Card/Debit Card or by net banking.

ACET 2020 Eligibility Criteria 

Candidate must check the eligibility criteria before applying for the entrance exam. Given below the ACET 2020 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 2020 Result

Authority will declare the ACET Result 2020 on the official website. The candidate has to login using registration ID and Password to check the result. Candidate must take print of the Result for further process. The qualified candidate will be called for the Admission process.

ACET 2020 Exam Centres

Candidates can check the list of exam centers for ACET 2020 May exam below in the given table:

MumbaiDelhi
KolkataBangalore
GurgaonChennai
PuneHyderabad
JaipurAhmedabad
GuwahatiRaipur
LucknowChandigarh
IndoreNagpur
RanchiKochi
BhubhaneshwarDehradun
PatnaVizag
CoimbatoreSurat

ACET 2020 Highlights

Candidate can check the vital points regarding ACET 2020 form the below-given table:

Exam NameACET 2020(Actuarial Common Entrance Test)
Conducting BodyInstitute of Actuaries of India (IAI)
Websitehttps://www.actuariesindia.org/index.aspx
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 Date13 Mar - 30 Jun 2021 (Tentative)
Admit card20 Sep 2020 (Tentative)
Exam Date25 Sep 2020 (Tentative)
Result03 Oct 2020 (Tentative)

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:

13 Mar 2021

Form End Date:

30 Jun 2021

The forms will open on 13 Mar 2021

171

DAYS

Examination Date (Online):

25 Sep 2020

Application Fees:

₹ 3,000

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