About ACET 2020

Actuarial Common Entrance Test (ACET) is conducted by the Institute of Actuaries of India thrice in a year to screen students for admissions to the courses offered by the Institute. ACET 2020 will be conducted on February 29 from 10 am to 1 pm across 24 exam cities in the country. Registrations started on December 5 since 3 P.M. and the last date to register had now been extended till February 7, 2020. The result for the February 29 edition of ACET 2020 will be announced on March 7. ACET result is valid for a period of three years from the date of declaration of the result. Candidates who qualify ACET exam become eligible to apply for the IAI membership to apply and pursue the actuarial courses. The admit card for the exam will be available from February 15 to be downloaded online using the ACET login ID provided to the candidates. 

ACET 2020 Highlights

Full Exam Name Actuarial Common Entrance Test
Short Exam Name ACET
Conducting Body Institute of Actuaries of India
Frequency of Conduct 3 times a year
Exam Level National Level Exam
Languages English
Mode of Application Online
Application Fee (General) 3000 Rs [Online]
Mode of Exam Online
Exam Duration 3 Hours

Download all details about ACET 2020

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ACET 2020 Important Dates

Stay up-to date with Exam Notification and News

Upcoming Dates and Events

29 Feb, 2020

Exam | Mode: Online

07 Mar, 2020

Result | Mode: Online

Past Dates and Events

15 Feb, 2020

Admit Card | Mode: Online

05 Dec, 2019 - 07 Feb, 2020

Application - (Last date extended) | Mode: Online

ACET 2020 Eligibility Criteria

ACET Eligibility Criteria is the set of minimum qualifications that a student shoud possess in order to appear for the entrance test and avail admission into course of actuarial sciences. ACET 2020 is the entrance exam for the programmes conducted by the Institute of Actuaries of India. The eligibility criteria for appearing in ACET 2020 is as follows: 

  • Candidates must have appeared in 10+2 or an equivalent examination.
  • They must have studied English as one of the main subjects at 10 + 2 level. 
  • Candidates pursuing their graduation or higher studies like engineering or professional courses, chartered or cost accountants, company secretaries, management graduates, degree holders in mathematical and statistical sciences etc are also eligible to appear for the exam
  • Candidates who are into employment.
  • Candidates with qualifications in Mathematical subjects.

Mode of Application : Online

Mode of Payment : Net Banking | Credit Card | Debit Card

ACET Application form was made available in online mode at the official website of IAI. Candidates have to register and pay the requisite fee for appearing in the ACET examination. ACET registration for February 2020 session started on December 5 and the last date was extended till Feb 7. The steps to fill the ACET application form 2020 is as follows:

Step 1: Registration - Candidates must register on the official website. The registration window will be open within the specified dates only. Click here to register. Candidates will receive a validation mail from the institute which has to be used to go further in the application process.

Step 2: Upload photograph and enter personal details - Candidates must upload their recent passport size colour photograph (4.5 cm length x 3.5 cm width). The photo resolution should be 150px *150px with the size not more than 1MB to be saved only in (.png, .jpg, .bmp, .jpeg, .gif, .raw) format. A confirmation mail will be sent in case there are discrepancies in the photograph uploaded. 

Candidates will also be required to enter their personal and academic details.

Step 3: Selection of Exam City - Candidates must select their preferred exam city from the given drop-down list of 24 cities. The exact address of the exam centre for ACET will be available in the admit card only. Candidates are advised to choose wisely as change of exam centre at a later stage is not permitted. 

Step 4: Payment of application fees - Candidates must place Rs 3000 online as fees to write ACET 2020. Payment can be made by Debit or Credit Card or Internet Banking.

Step 5: Submission and Confirmation - After submission of the application form of ACET 2020, candidates can download the Welcome Kit of one Sample Question Paper, Indicative Solution from their login.

In case candidates don't receive the confirmation mail, they should get in touch at acet@actuariesindia.org or call at 022-62433333

Application Fees

Category Quota Mode Gender Amount
OBC, General, ST, SC Online Female, Transgender, Male ₹ 3000
OBC, General, ST, SC PWD Online Female, Transgender, Male ₹ 3000

Student Appearing Vs Seat Available

Year Student Appeared Seats Available
Sep 2019 1083 None

ACET E-books and Sample Papers

Mathematics-

Mathematics: Unit 01
Notation and standard functions
Mathematics: Unit 02
Numerical methods
Mathematics: Unit 03
Algebra
Mathematics: Unit 04
Differentiation
Mathematics: Unit 05
Integration
Mathematics: Unit 06
Vectors
Mathematics: Unit 07
Matrices

Statistics+

Statistics: Unit 01
Permutations and combinations
Statistics: Unit 02
Types of data
Statistics: Unit 03
Measures of location
Statistics: Unit 04
Measures of spread
Statistics: Unit 05
Probabilities
Statistics: Unit 06
Advanced probabilities
Statistics: Unit 07
Discrete random variables
Statistics: Unit 08
Continuous random variables
Statistics: Unit 09
Discrete distributions
Statistics: Unit 10
Continuous distributions
Statistics: Unit 11
Correlation
Statistics: Unit 12
Regression

English+

English: Unit 01
Vocabulary
English: Unit 02
Grammar
English: Unit 03
Verbal reasoning

Data interpretation+

Data interpretation: Unit 01
Tables
Data interpretation: Unit 02
Column graphs
Data interpretation: Unit 03
Bar graphs
Data interpretation: Unit 04
Line charts
Data interpretation: Unit 05
Pie chart
Data interpretation: Unit 06
Venn diagrams
Data interpretation: Unit 07
Caselets

Logical reasoning+

Logical reasoning: Unit 01
Number and letter series
Logical reasoning: Unit 02
Calendars
Logical reasoning: Unit 03
Clocks
Logical reasoning: Unit 04
Cubes
Logical reasoning: Unit 05
Venn diagrams
Logical reasoning: Unit 06
Binary logic
Logical reasoning: Unit 07
Seating arrangement
Logical reasoning: Unit 08
Logical sequence
Logical reasoning: Unit 09
Logical matching
Logical reasoning: Unit 10
Logical connectives
Logical reasoning: Unit 11
Syllogism
Logical reasoning: Unit 12
Blood relations

ACET 2020 Exam Pattern

ACET exam pattern is announced by Institute of Actuaries of India. Candidates can use the exam pattern to know details about the entrance exam like duration, number of questions, type of questions etc. that may aid them to prepare well for the exam.

The ACET exam pattern is as follows:

LanguageEnglish
Duration3 hours
Total marks100
Total number of questions45 questions – 1 mark each
20 questions – 2 marks each
05 questions – 3 marks each
Sections
  • Mathematics
  • Statistics
  • Data Interpretation
  • English
  • Logical Reasoning


ACET Admit Card 2020 for February session will be released on February 15 for download for prospective ACET 2020 candidates. The aspirants are required to download ACET admit card using their login credentials - email Id and password. The admit card must be carried to the exam along with a valid photo ID. Students in class 12 must carry their college ID or class 12 hall ticket duly attested to the exam hall. 

Candidates are also allowed to carry a scientific calculator of the following models only

  • Casio FX82 (ES/MS) (with or without any suffix) 
  • Casio FX83 (ES/MS) (with or without any suffix) 
  • Casio FX85 (ES/MS) (with or without any suffix) 
  • Sharp EL531 (with or without any prefix or suffix) 
  • Texas Instruments BA II Plus (with or without any suffix) 
  • Texas Instruments TI-30 (with or without any suffix) 
  • Hewlett Packard HP12c (with or without any suffix)  

Candidates are advised to check the details on the admit card of ACET after downloading to correct any discrepancies.

State City
Maharashtra Mumbai
Pune
Nagpur
Delhi Delhi
West Bengal Kolkata
Karnataka Bengaluru
Haryana Gurgaon
Tamil Nadu Chennai
Coimbatore
Telangana Hyderabad
Rajasthan Jaipur
Gujarat Ahmedabad
Surat
Uttar Pradesh Lucknow
Chandigarh Chandigarh
Madhya Pradesh Indore
Jharkhand Ranchi
Kerala Kochi
Odisha Bhubaneshwar
Uttarakhand Dehradun
Bihar Patna
Andhra Pradesh Visakhapatnam(Vizag)
Assam Guwahati
Chhattisgarh Raipur

Documents Required at Exam

  • Admit card
  • Valid photo id
  • Class 12 hall ticket or college id duly attested (only for class 12 students)

IAI announces the ACET result in online mode with individual result to be accessed through login. IAI announces the result of ACET in the form of a pdf as well where the details of the candidates who have passed the exam are given. The result has been declared as pass or fail for each candidate who appeared for the exam. 

Candidates who have qualified in ACET 2020 must thereafter apply for admission for the programmes in the order suggested or as per their preference.

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Frequently Asked Questions (FAQs)

Question: Why is ACET exam conducted?

Answer:

The Actuarial Common Entrance Test (ACET) is conducted as an entrance examination for pursuing actuarial sciences.

Question: How can I register for ACET 2020?

Answer:

Candidates who want to pursue actuarial sciences can accomplish registration process through the official website.

Question: What is the maximum weightage for ACET exam?

Answer:

The ACET exam carries a total of 100 marks distributed into 5 sections.

Question: For what period is the ACET result valid?

Answer:

ACET 2020 result is valid for a period of 3 years. If a person does not apply for IAI membership within 3 years of ACET, he/she has to appear again for the exam.

Question: What are the passing marks for ACET 2020 exam?

Answer:

A candidate has to score at least 50 % marks for qualifying the ACET exam.

Questions related to ACET

Showing 3 out of 3 Questions
4 Views

How is AEC when compared to ACET and ACOE?

niharika cherry 20th Jan, 2020

Hello aspirant, if you meant the codes were engineering colleges of aditya group in Andhra pradesh, I prefer AEC as it is autonomous college and it has higher standards than all the other colleges, the order is ACET and finally ACOE. The infrastcture is same for all these colleges, but the faculty change for the 3 colleges, you must always opt for the best one -AEC.

thank you.

121 Views

When will the next acet exam (subsequent to the September 2019) be conducted?

Ridhi Khurana 6th Dec, 2019

Hey

The Institute of Actuaries of India (IAI) has announced the schedule for February session of ACET 2020. Registrations for the same started on December 5 (3 P.M.) and the last date to register is January 28, 2020. The ACET exam fro February 2020 session will be conducted on February 29 and admit cards for the same will be released on February 12, 2020.

To know more about the registration process, visit the ACET Registration page

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