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ACET Exam Pattern 2024 - Mode, Marking Scheme, Technical Requirements

ACET Exam Pattern 2024 - Mode, Marking Scheme, Technical Requirements

Edited By Sansar Singh Chhikara | Updated on Mar 07, 2024 04:42 PM IST | #ACET

Institute of Actuaries of India (IAI) prescribes the ACET 2024 exam pattern on its official website. Candidates preparing for the ACET exam should be familiar with the Actuarial Science exam pattern. Details such as mode of the exam, number and type of questions asked, marking scheme, total marks, time duration and related are provided under the Actuary exam pattern. The ACET exam will be conducted in computer based mode at various test-centres acorss India.

Careers360 provides complete insights on the ACET exam pattern as well as the syllabus covered. This will help candidates to plan their preparation ahead of the exam.

Overview of ACET Exam Pattern 2024

As per the official website of IAI, the ACET 2024 exam will be conducted in online computer based mode. Candidates will be asked to solve 70 multiple choice questions within 3 hours of time duration.

ACET Exam Pattern 2024 - Highlights

ParticularsDetails

Mode of ACET 2024 exam

Online mode

Time duration

3 hours

Number and type of questions

70 Multiple choice questions

Question distribution

45 questions - 1 mark each

20 questions - 2 marks each

5 questions - 3 marks each

Total sections

Five

Marking scheme

There is no negative marking for wrong answers in ACET exam

ACET 2024Section Wise Marks Distribution

ACET Exam SectionsMarks Allotment

Mathematics

30 marks

Statistics

30 marks

Data Interpretation

15 marks

English

15 marks

Logical Reasoning

10 marks

Total

100 marks


ACET 2024 Passing Criteria

The minimum marks required by a candidate to qualify the ACET exam is called the ACET passing criteria. As per the official website of IAI, candidates need to secure minimum 50% marks in ACET 2024 to qualify. Candidates securing less than 50% marks will be considered unqualified and will have to reappear for the ACET exam.

ACET Syllabus 2024

Institute of Actuaries of India (IAI) releases the syllabus of ACET on its website. It is important for candidates to acquaint themselves with the latest syllabus for preparation purpose. Information related to the topics and sub-topics covered in the exam are mentioned in the ACET syllabus. The questions asked in the ACET exam 2024 will include topics covered under the syllabus.

ACET Study Material 2024

Actuarial science is a dynamic in nature. This the reason why rigorous preparation is required to crack the ACET exam. Registered candidates can find relevant ACET study material under the member’s login on the official website. Candidates preparing for the exam should refer to the official study material.

Also check - ACET Question Paper

Frequently Asked Question (FAQs)

1. How many questions are asked in ACET exam?

Candidates have to answer 70 multiple choice questions in ACET exam 2024.

2. Is there any sectional time limit in solving ACET question paper?

No, there is no sectional time limit to solve ACET paper.

3. Is ACET 2024 a centre based exam?

Yes, the ACET 2024 exam will be conducted in online computer based mode at various test centres across the country.

4. What is the ACET passing criteria?

To qualify ACET exam, candidates should secure minimum 40% marks.

5. How long is the ACET?

ACET is a three hour long exam.

6. What is the passing marks of ACET exam?

Candidates will have to score minimum 50% to pass the exam

7. How many papers are there in ACET exam?

ACET exam has five subjects.

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Questions related to ACET

Have a question related to ACET ?

Dear Aspirant!

The ACET( Actuarial Common Entrance Test) is a entrance exam for the students actuaries. A CET is an exam in India for those who are interested in becoming a actuaries. Actuaries analyse financial risks using mathematics and statistics.  ACET test your knowledge in the subject like mathematics, statistics and the data interpretation. Passing a CET is a step to words become a certified actuary.

Dear Junaid,

It is a good idea to solve many previous year question papers as they acquaint you with the syllabus and increase your chances of getting success. Please follow the link I have posted below to get free downloadable previous year question papers of Actuarial Common Entrance Test (ACET). Hope this helps you with your preparation.

https://finance.careers360.com/articles/acet-question-paper

I hope this helps! Best of luck!


Hello aspirant,

Hope you are doing absolutely great.

So with regard to your query, after qualifying the ACET (Actuarial Common Entrance Exam), you can apply for the Institutes of Actuaries of India and write the various exams conducted the institutes further, after qualifying all the 9 papers conducted by the institute you will be getting a salary package of 11 lakhs per annum. The ACET results will be valid until three years.

Hope this helps you!!

Hello aspirant,

Hope you are doing absolutely great.

So with regard to your query, after qualifying the ACET (Actuarial Common Entrance Exam), you can apply for the Institutes of Actuaries of India and write the various exams conducted the institutes further, after qualifying all the 9 papers conducted by the institute you will be getting a salary package of 11 lakhs per annum. The ACET results will be valid until three years.

Hope this helps you!!

Hi there,

Registration process of ACET is in online mode. There is no need of physical verification of document.

Steps to register for ACET 2022 are following:

First of all visit offical website and check eligibility criteria of ACET exam.

Then click on the “ACET Registration 2022.

Sign up by providing all details.

Next login using ACET credentials and fill the application form of ACET

After that upload documents and make payment and download receipt.

For more details follow this link:https://finance.careers360.com/articles/acet-registration

Hope it helps you

Good luck!


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