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ACET Exam June 2024 - Registration (Started), Syllabus & Pattern, Admit Card, Result

Ongoing Event
ACET Application Date : 25 Oct' 2024 - 05 Dec' 2024
Updated on 30th October, 2024 by Shubham Bhakuni

About ACET 2024

The Institute of Actuaries of India (IAI) has announced the ACET May 2024 dates through an official notification on its official website. The online registration for ACET May 2024 has started on March 19, 2024. The deadline to register is April 20, 2024 up to 6 PM. ACET May 2024 would be conducted on May 4, 2024. There is no registration fees for ACET May 2024.

Students who have completed Class 12 with English as one of the subjects are eligible to apply for ACET June 2024. The online-based entrance exam comprises five sections namely mathematics, statistics, data interpretation, English and logical reasoning. ACET is 3 hours duration exam. A total of 70 questions of multiple-choice questions type are asked in the examination.

What is ACET Exam?

Actuarial Common Entrance Test (ACET) is conducted by the Institute of Actuaries of India twice a year to screen students for admission to actuarial science courses offered by the Institute. 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 actuarial courses.

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ACET 2024 Highlights

Full Exam Name
Actuarial Common Entrance Test
Short Exam Name
ACET
Conducting Body
Institute of Actuaries of India
Frequency Of Conduct
Twice a year
Exam Level
National Level Exam
Languages
English
Mode Of Application
online
Application Fee
Online : 3000
Mode Of Exam
online
Exam Duration
3 Hours

ACET Important Dates

ACET Actuarial Common Entrance Test (session 2024)

25 Oct' 2024 - 05 Dec' 2024 . OnlineOn Going
Application Date
December session
21 Dec' 2024 - 21 Dec' 2024 . Online
Exam Date
December session
28 Dec' 2024 - 28 Dec' 2024 . Online
Result Date
December session
19 Mar' 2024 - 25 Apr' 2024 . Online
Application Date
May session
04 May' 2024 - 04 May' 2024 . Online
Exam Date
May session
27 Apr' 2024 - 04 May' 2024 . Online
Admit Card Date
May session

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ACET application form May 2024 has been opened on March 19, 2024. The last date to register is April 20, 2024. The application form can be accessed at the official website of IAI. There is no registration fee for ACET May 2024 exam. As part of the online application process, the candidates were required to go through a number of steps as mentioned below.

How to fill ACET 2024 application form?

  1.  Registration - The first step in the application process is registration. As part of the ACET 2024 registration process, candidates need to enter their name, email id, DOB, ad gender. They will also need to enter and confirm a password for the new applicant account. Enter your passport, PAN or Aadhaar card number and finally submit the details to complete registration. 
  2. Fill the form: Candidates will also be required to enter their personal, and academic details and contact details.
  3. Upload photograph and enter personal details - In this step upload a recent passport-size colour photograph (4.5 cm length x 3.5 cm width). The photo resolution should be 150px *150px with a size not more than 1MB to be saved only in (.png, .jpg, .bmp, .jpeg, .gif, .raw) format. 
  4. Select Exam City - Candidates do not need to select the exam city as the exam will be conducted in a home-based mode.
  5. Pay the application fees - In this step pay the exam fee of Rs 3000 online in online mode using Debit or Credit Card or Internet Banking. The fees has been waived for ACET May 2024 session.
  6. Submit the form - Check the application form and ensure it is complete in all respects before submitting it. After submitting the form, the candidate will be able to download the Welcome Kit of one Sample Question Paper, Indicative Solution from their login.

ACET 2024 application form: Helpline Numbers

In case of any difficulty in filling out the ACET application form, reach out to exam officials at the below address:

Email - acet@actuariesindia.org
Contact - 022-62433333

Admission to the Institute of Actuaries of India (IAI) is conducted through two channels. One is through the ACET entrance exam and the other is the non-ACET route. In case of candidates seeking admission through the ACET exam, they need to meet the ACET 2024 eligibility criteria which have been elucidated below. 

ACET eligibility criteria 2024

  • The applicant must have passed 10+2 or an equivalent examination
  • Subject 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

ACET Eligibility Criteria is the set of minimum qualifications that a student should possess for not just appearing in the entrance test but to avail admission into actuarial science courses.

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Documents Required at Exam ACET 2024

Actuarial Common Entrance Test 2024

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

ACET 2024 Exam Centers

StateCity
Maharashtra
Mumbai
Pune
Nagpur
Delhi
Delhi
West Bengal
Kolkata
Karnataka
Bangalore
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
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Institute of Actuaries of India, which is the exam conducting body, is responsible for framing the ACET exam pattern. The IAI has already released the ACET exam pattern 2024, which outlines the nature and format of the entrance exam. By consulting the exam pattern, the candidate will get to know about the types of questions that are being asked, the marking scheme, sections covered, etc.

ACET 2024 Exam Pattern

ParticularsDetails
LanguageEnglish
Duration3 hours
Mode To be conducted in ONLINE, home-based mode
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


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ACET 2024 Syllabus

ACET 2024 Actuarial Common Entrance Test 2024

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: Unit 02


              Types of data
              • Statistical diagrams, bar chart, histogram, dot plot, stem-and-leaf, boxplot

              Statistics: Unit 03


              Measures of location
              • Mean, median, mode

              Statistics: Unit 04


              Measures of spread
              • Range, interquartile range, standard deviation, variance, skewness

              Statistics: Unit 05


              Probabilities
              • Basic rules of probabilities

              Statistics: Unit 06


              Advanced probabilities
              • Tree diagrams, conditional probabilities

              Statistics: Unit 07


              Discrete random variables
              • Definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness

              Statistics: Unit 08


              Continuous random variables
              • Definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness

              Statistics: Unit 09


              Discrete distributions
              • Discrete uniform, Bernoulli, binomial, Poisson

              Statistics: Unit 10


              Continuous distributions
              • Continuous uniform, exponential, the normal distribution

              Statistics: Unit 11


              Correlation
              • Scatter plots, covariance, correlation coefficient

              Statistics: Unit 12


              Regression

                English: Unit 01


                Vocabulary based (synonyms, antonyms)
                • Meanings of words, secondary shades of meaning, usage, idioms and phrases, antonyms, related words etc

                English: Unit 02


                English usage or grammar
                • Grammatical errors, subject-verb agreement, use of modifiers, parellel construction, redundancy, phrasal verbs, use of articles, prepositions etc

                English: Unit 03


                Sentence correction

                  English: Unit 04


                  Fill in the blanks

                    English: Unit 05


                    Cloze Passage

                      English: Unit 07


                      Jumbled paragraph

                        English: Unit 08


                        Meaning-usage match

                          English: Unit 09


                          Summary questions

                            English: Unit 10


                            Verbal reasoning
                            • Relationships or patterns within groups of words or sentences

                            English: Unit 12


                            Reading comprehension

                              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: 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 admit card 2024 for the May session will be released in online mode. The ACET hall ticket will be available for download on the official website of the institute. To download the ACET 2024 admit card candidates can follow the steps given below

                                                                    How to download the ACET 2024 hall ticket / admit card

                                                                    • Visit the ACET 2024 registration page
                                                                    • Login using email id and password
                                                                    • Upon login, the admit card will be displayed on the screen. 

                                                                    Information mentioned on ACET hall ticket/ACET admit card 2024

                                                                    • Name of the candidate
                                                                    • The roll number 
                                                                    • Application number
                                                                    • Date of birth of the candidate
                                                                    • Date and time of ACET 2024 exam
                                                                    • Exam-day guidelines, like how to take the online exam, what items are allowed and not allowed, etc.
                                                                    • Reporting time

                                                                    Document checklist

                                                                    • The candidate will have to produce valid photo ID proof. 
                                                                    • In the case of students in Class 12, they may display their 10+2 identity card (ID) or Class 12 hall ticket duly attested 

                                                                    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.

                                                                    The institute will announce the ACET May 2024 result on July 1, 2024. Candidates can access their ACET scorecards from their registered accounts. The result of ACET 2024 will remain valid for three years from the date of declaration. Within this 3-year period, the candidate have to take student membership of IAI, failing which the ACET 2024 result would become invalid. 

                                                                    How to check ACET 2024 result?

                                                                    • Click on the result link
                                                                    • In the login window that opens, enter your id and password
                                                                    • The ACET result 2024 will be displayed on the screen
                                                                    • Download and take a printout of the result.  

                                                                    The result of ACET 2024 would be declared simply as pass or fail; no scores will be released. 

                                                                    General Information

                                                                    Contacts

                                                                    02262433337

                                                                    Relevant Links

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                                                                    Frequently Asked Questions

                                                                    1. Will IAI conduct any mock test for ACET 2024 June session?

                                                                    Yes, IAI will conduct the ACET mock test a few days before the exam. 

                                                                    2. When is the ACET June 2024 session exam?

                                                                    ACET 2024 for the June session will be conducted in the month of June 2024.

                                                                    3. What are the passing marks for ACET 2024 exam?

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

                                                                    4. For what period is the ACET result valid?

                                                                    ACET 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.

                                                                    5. What is the maximum weightage for ACET exam?

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

                                                                    6. How can I register for ACET 2024?

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

                                                                    7. Why is ACET exam conducted?

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

                                                                    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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