ACET Exam Passing Criteria 2020
ACET Exam Passing Criteria 2020 - The concerned authorities of Institute of Actuaries of India (IAI) set the ACET 2020 exam passing criteria which prove to be the benchmark to be complied with by prospective candidates. A candidate who does not fulfill the conditions of ACET exam passing criteria 2020 is not deemed qualified, and thus, is not eligible to apply for IAI student membership and pursue the course of actuarial sciences. The authorities are going to conduct upcoming session of ACET 2020 on June 27, 2020. Thus, a candidate who scores at least 50% marks in the ACET exam complying with ACET exam passing criteria will be eligible to register as IAI student within 3 years of result declaration. As 50 marks is the ACET cut off 2020, candidates may refer the article below for more incidental information.
Latest: ACET May 2020 exam has been postponed, check new ACET exam date
The authorities will announce ACET result for May 2020 session on July 8 in online mode. Prospective candidates must view the ACET 2020 result in order to determine whether they meet the ACET 2020 exam passing criteria. As the exam carries maximum marks of 100, the ACET exam passing criteria 2020 is 50% of the maximum marks and therefore is equivalent to 50 marks. The 50 mark point is also referred to as the ACET 2020 cut off and the respective qualifying candidates need to obtain marks above the cut off in order to be eligible for membership and student status with the Institute of Actuaries of India (IAI).
Along with the ACET 2020 result, the Institute of Actuaries of India (IAI) also releases a list of the students who have scored the highest marks in the exam as well as a list of students who are eligible for the fellowship program which is yet to be released. These students meet the ACET exam passing criteria 2020 and are required to register for IAI membership.
After Meeting the ACET Cut off 2020
Candidates who meet the exam passing criteria and clear the requisite ACET cut off 2020 of 50 marks are required to undergo the registration process for the Institute of Actuaries of India (IAI). Subsequent to successful registration, candidates will be granted membership as well as student status with IAI after which they will be able to sit for other actuarial exams conducted by IAI. These actuarial exams provide professional attestations and qualifications for individuals who want to pursue a career in the actuarial sciences and are of 4 different types of both theoretical and practical nature, which are:
Stage 1: Core Technical (CT)
Stage 2: Core Application (CA)
Stage 3: Specialist Technical (ST)
Stage 4: Specialist Application (SA)
In order to register for membership with Institute of Actuaries of India (IAI), candidates need to fill out the membership form and also provide the official document proof for fulfilling the ACET 2020 eligibility. The ACET eligibility 2020 requirement is that candidates should have completed their senior secondary or 10+2 standard examinations from a recognized state or central board in India. It is a national-level examination, therefore only Indian graduates are permitted to appear for ACET 2020. After qualifying and meeting the ACET exam passing criteria 2020, candidates need to provide official documentation and proof from their senior secondary board examinations for verification.
ACET 2020 Result Validity
The ACET result 2020 is valid for 3 years from the date of declaration. This means that candidates who meet the ACET 2020 cut off and exam passing criteria can register for Institute of Actuaries of India (IAI) membership for up to three years after the date of result declaration. In case the student does not apply or register for membership with the Institute of Actuaries of India, then he or she will have to appear for ACET again.
Frequently Asked Question (FAQs) - ACET Exam Passing Criteria 2020
Question: What are the passing marks for ACET 2020?
A candidate has to score at least 50% marks for passing in ACET 2020.
Question: Is there any sectional ACET cut off?
No, there is no sectional cutoff for ACET 2020.
Question: What is the process after passing the entrance as per ACET exam passing criteria 2020?
A candidate has to apply to IAI for student membership
ACET Registration 2020 - Institute of Actuaries of India has e...
Questions related to ACET
Whats all included in Algebra topic in mathematics for ACET EXAM?
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.
Examination syllabus is as follows:
As per your query - Alebra subject comes under Mathematics.
Question pattern of Alegbra in ACET:
1. Manipulate algebraic expressions involving powers, logs, polynomials and
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!!
Please suggest me a book of Statistics which can help me in ACET exams 2020?
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
hope this helps!
I just registered for ACET EXAM 2020 . Please guide me , how should i prepare and which books should I refer?
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
is binomial theorem in syllabus of Acet?
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.
Can you suggest online study material for ACET eXAM
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.
The Institute of Actuaries of India website has a lot of reference books that can be used.