ACET Exam Passing Criteria 2020

Dear Aspirant,

The "ActuarialCommon Entrance Test" (ACET) is an entrance exam for those who want to join as the members of the Institute of Actuaries of India (IAI) and plan to take & qualify in the various actuarial examinations conducted by the Institute of Actuaries India. ACET is conducted twice in a year.After clearing the ACET, a candidate needs to clear a series of 15 papers prescribed by the IAI to be awarded the Fellowship in Actuary (FIAI) to be designated as a Qualified Actuary.

The ACET Examination syllabus is as follows:
1.Mathematics.
2. Statistics.
3. English.
4.Logic.
5.Data Interpretation.

As per your query - Alebra subject comes under Mathematics.
Question pattern of Alegbra in ACET:
1. Manipulate algebraic expressions involving powers, logs, polynomials and
fractions.
2. Solve simple equations, including simultaneous equations by rearrangement, substitution, cancellation, expansion and factorisation.
3. Solve an equation that can be expressed as a quadratic equation by factorisation, by “completing the square” or by applying the quadratic formula, and identify which of the roots is appropriate in a particular context.
4. Solve inequalities (“inequations”) in simple cases and understand the concept of a “strict” or “weak” inequality.
5. State and apply the arithmetic-geometric mean inequality, and know the conditions under which equality holds.
6.Understand and apply the Σ and Π notation for sums and products, including
sums over sets and repeated sums.
6. Calculate the sum of a series involving finite arithmetic or geometric progressions or non-terminating geometric progressions using the formulaes and be able to determine when a non-terminating geometric series converges.           7.Solve simple first or second order difference equations including applying boundary conditions by inspection or by means of an auxiliary equation.

All the Best!!

Prathamesh Halankar

hey,

here are the book recommendations for ACET preparation

1. TOMATO (test of mathematics at ten plus two level published) by indian statistical institute (ISI)

2. ACTED study material - FAC and STATS PACK by actuarial education comapany

3. how to prepare for verbal ability and reading comprehension for CAT by arun sharma and meenakshi upadhyay , Mc graw hill

4. trishna's data interpretation and logical reasoning for the CAT and other MBA entrance examinations  by T.I.M.E

5. how to prepare for quantitative aptitude for the CAT editor by arun sharma

6. problem primer for the olympaid editors by CR pranesachar , BJ venkatachala , CS yogananda

7. qunatitative aptitude for competitive examinations editor by abhijit guha

8. an excursion in mathematics editors by M.R modak , .S.A katre, V.V Acharya , V.M sholapurkar

for more books and details  go through the link

https://finance.careers360.com/articles/acet-study-material

hope this helps!

Hey aspirant

Actuarial Common Entrance Test (ACET) is a national level exam conducted by IAI (Institutes of Actuaries of India).

ACET is of 3 hours duration conducted in online mode comprising of two sections -

Section 1 - Mathematics, Statistics and Data Interpretation

Section 2 - English & Logical Reasoning

You can check complete syllabus and other details at

https://finance.careers360.com/exams/acet

Hello,

Yes binomial theorem is in the syllabus for ACET exam. In mathematics in discrete distributions you have binomial theorem. The admit card for February session will be available from February 15th. Please click the below link for the syllabus.

https://finance.careers360.com/articles/acet-syllabus

Are your asking about Actuarial Common Entrance Test as the tag says different. You can go through the link below where you can get previous few years exam papers and solution link. But I will suggest you to solve the papers by your own.

https://finance.careers360.com/articles/acet-study-material

The Institute of Actuaries of India website has a lot of reference books that can be used.