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 is January 28, 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 12 to be downloaded online using the ACET login ID provided to the candidates. 

Exam level: National Level Exam
Frequency: 3 times a year
Languages English
Conducting Body: Institute of Actuaries of India
Duration 3 Hours

Download all details about ACET 2020

Download Brochure

ACET 2020 Important Dates

Upcoming Dates and Events

05 Dec, 2019 - 28 Jan, 2020

Application | Mode: Online Ongoing

12 Feb, 2020

Admit Card | Mode: Online

29 Feb, 2020

Exam | Mode: Online

07 Mar, 2020

Result | 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 is 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 is January 28, 2020. 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
General, SC, ST, OBC Online Female, Transgender, Male ₹ 3000
General, SC, ST, OBC PWD Online Female, Transgender, Male ₹ 3000

Student Appearing Vs Seat Available

Year Student Appeared Seats Available
Sep 2019 1083 None
Mathematics
Notation and standard functions
Numerical methods
Algebra
Differentiation
Integration
Vectors
Matrices
Statistics
Permutations and combinations
Types of data
Measures of location
Measures of spread
Probabilities
Advanced probabilities
Discrete random variables
Continuous random variables
Discrete distributions
Continuous distributions
Correlation
Regression
English
Vocabulary
Grammar
Verbal reasoning
Data interpretation
Tables
Column graphs
Bar graphs
Line charts
Pie chart
Venn diagrams
Caselets
Logical reasoning
Number and letter series
Calendars
Clocks
Cubes
Venn diagrams
Binary logic
Seating arrangement
Logical sequence
Logical matching
Logical connectives
Syllogism
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 is released online 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.

General Information

Applications Open Now

IndigoLearn (India's Best CA Prep Destination)
IndigoLearn (India's Best CA ...
Apply
KIIT University (KIITEE- 2020)
KIIT University (KIITEE- 2020)
Apply
View All Application Forms

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 1 out of 1 Questions
45 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

News and Articles

View More
The question have been saved in answer later, you can access it from your profile anytime. Access now

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Careers360 App
150M+ Students
24,000+ Colleges
500+ Exams
1500+ E-books