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ACET Study Material 2024 (Download PDF) - Books, Question Paper
Edited By Sansar Singh Chhikara | Updated on Mar 07, 2024 04:45 PM IST | #ACET
The Institute of Actuaries of India (IAI) does not release any official ACET study material pdf on its official website - actuariesindia.org. However candidates can refer to the past ACET question papers with solution available under ACET Tab and reference books available under ACET syllabus tab. For preparatory purposes, the study material of ACET includes topic wise syllabus, sample papers, previous year question papers with solutions as well as major books for the ACET exam. The IAI study material mimics the topics and subtopics that will be asked in the ACET question paper.
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The Actuarial Common Entrance Test (ACET) will be conducted twice in 2024 - June and November/December. As per the exam pattern, the exam will be conducted in online computer based mode at respective test centres across India.
Preparing for the ACET 2024 exam includes understanding the ACET exam pattern, referring to the relevant ACET exam study material, solving previous question papers as well as continuously practising the topics covered in the syllabus. Candidates preparing for the exam should go through the ACET study material 2024 given descriptively within the article below.
Overview of the ACET Study Material 2024
Actuarial science is a dynamic field of study that requires candidates to have an analytical approach. Actuaries study how to quantify as well as manage risk primarily in areas of life and health insurance, employee benefits, pensions, and so on. ACET exam requires an adequate amount of preparation.
To prepare for the exam, candidates keep searching for effective ACET study material that can help them thorough understanding of the topics covered in the exam.
ACET Question Paper 2024
To have insights about the type of questions asked in ACET exam, IAI releases the previous session question papers on its official website. The ACET previous year question papers can be used by candidates as a source of study material and prepare from them. The question paper sets are released with indicative solutions. These question papers will help the candidates in mimicking real exam situations and familiarise themselves with the paper pattern. At the same time, practising with them will also give candidates an accurate assessment of one's level of preparation. The table given below contains links for the latest as well as previous sessions.
ACET Books 2024
The market is flooded with quantity of books, but candidates preparing for the exam should focus on quality. Also, keeping in mind the ACET syllabus that has various sections like English and logical reasoning, it becomes inevitable to prepare these from a single source. For this, IAI provides a list of books for guiding candidates on where to focus. ACET preparation books can be used by candidates to study and ace in the coming session of the ACET exam. Hence, IAI prescribes some reference books that are relevant for the various sections covered under the ACET 2024 syllabus.
ACET Preparation Books 2024
| S. No. | ACET Books | Publisher/ Author |
|---|---|---|
1 | TOMATO (Test Of Mathematics at Ten plus Two-level published) | Indian Statistical Institute (ISI) |
2 | ACTED Study Material - FAC and STATS PACK | Actuarial Education Company |
3 | How to Prepare for Verbal Ability and Reading Comprehension for CAT | Arun Sharma and Meenakshi Upadhyay, Mc Graw Hill |
4 | Trishna’s Data Interpretation and Logical Reasoning for the CAT and other MBA Entrance Examinations | T.I.M.E |
5 | How to prepare for Quantitative Aptitude for the CAT Editor | Arun Sharma |
6 | Problem Primer for the Olympiad Editors | C R Pranesachar, B J Venkatachala, C S Yogananda |
7 | Quantitative Aptitude for Competitive Examinations Editor | Abhijit Guha |
8 | An Excursion in Mathematics Editors | M. R. Modak, S. A. Katre, V. V. Acharya, V. M. Sholapurkar |
9 | The Pearson and Guide to Verbal Ability and Logical Reasoning for the CAT Editor | Nishit K. Sinha |
10 | Challenging Mathematical Problems with Elementary Solutions Editors | A.M. Yaglom and I.M. Yaglom |
11 | Quantitative Aptitude for MBA Entrance Examinations Editor | R.S. Aggarwal |
12 | Challenge and Thrill of Pre-College Mathematics | New Age International Publishers |
13 | High School English Grammar and Composition | Wren and Martin |
14 | Word Power Made Easy Editor | Norman Lewis |
15 | Problem Solving Strategies Editor | Arthur Engel |
Subjectwise Actuarial Science Study Material
As outline above in the article, the IAI does not provide any official actuary study material. However, in order for candidates to have a better understanding, the subject wise books for different sections are given below. These books have been taken from the above list and arranged subject wise for easy identification.
| ACET Subjects | Books |
|---|---|
| Mathematics/Statistics |
|
| Data Interpretation and Logical Reasoning |
|
| English Language |
|
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ACET Exam Pattern 2024
Before starting their preparation, candidates should check the paper pattern. This will give an idea of type and number of questions asked, marking scheme of ACET 2024 exam, sections included, total marks as well as time duration to solve the paper.
Exam Pattern of ACET 2024
Particulars | Details |
|---|---|
Mode of ACET 2024 exam | Online computer based 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 |
Also check - ACET Exam Passing Criteria
Frequently Asked Question (FAQs)
1. Does IAI provide official study material for ACET exam?
No, IAI does not provide any official study material.
2. How can I prepare for ACET exam 2024?
To prepare for the entrance exam, you can refer the preferred books and official ACET syllabus.
3. How much time should I use to prepare for ACET exam?
Continuous and planned study of 3-4 months is enough to qualify the ACET exam.
4. Where can i find the ACET study material?
IAI does not release the study material officially.
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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.
ishratsadaf8 03 February,2024
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!
Anamika Vats 29 June,2022
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!!
vyshnava kumar 18 June,2022
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!!
vyshnava kumar 18 June,2022
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!
Sweta jha 02 June,2022
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