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Get UpdatesThe 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.
Latest: ACET Registration June 2024 Started - Direct Link
Also Check: Know all about ACET
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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.
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.
| Full Exam Name | Actuarial Common Entrance Test |
| Short Exam Name | ACET |
| Conducting Body | Institute of Actuaries of India |
| Frequency of Conduct | 2 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 |
Upcoming Dates and Events
04 May, 2024
Exam - May session | Mode: Online
27 Apr, 2024 - 04 May, 2024
Admit Card - May session | Mode: Online Ongoing
01 Jul, 2024
Result - May session | Mode: Online
Past Dates and Events
19 Mar, 2024 - 25 Apr, 2024
Application - May session | Mode: Online
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 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.
Mode of Application : Online
Mode of Payment : Net Banking | Credit Card | Debit Card
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.
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
| Category | Quota | Mode | Gender | Amount |
|---|---|---|---|---|
| SC, General, ST, OBC | Online | Transgender, Female, Male | ₹ 3000 | |
| SC, General, ST, OBC | PWD | Online | Transgender, Female, Male | ₹ 3000 |
Notation and standard functions |
|---|
Numerical methods |
|---|
Algebra |
|---|
Differentiation |
|---|
Integration |
|---|
Vectors |
|---|
Matrices |
|---|
Permutations and combinations |
|---|
Types of data |
|---|
| Statistical diagrams, bar chart, histogram, dot plot, stem-and-leaf, boxplot |
Measures of location |
|---|
| Mean, median, mode |
Measures of spread |
|---|
| Range, interquartile range, standard deviation, variance, skewness |
Probabilities |
|---|
| Basic rules of probabilities |
Advanced probabilities |
|---|
| Tree diagrams, conditional probabilities |
Discrete random variables |
|---|
| Definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness |
Continuous random variables |
|---|
| Definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness |
Discrete distributions |
|---|
| Discrete uniform, Bernoulli, binomial, Poisson |
Continuous distributions |
|---|
| Continuous uniform, exponential, the normal distribution |
Correlation |
|---|
| Scatter plots, covariance, correlation coefficient |
Regression |
|---|
Vocabulary based (synonyms, antonyms) |
|---|
| Meanings of words, secondary shades of meaning, usage, idioms and phrases, antonyms, related words etc |
English usage or grammar |
|---|
| Grammatical errors, subject-verb agreement, use of modifiers, parellel construction, redundancy, phrasal verbs, use of articles, prepositions etc |
Sentence correction |
|---|
Fill in the blanks |
|---|
Cloze Passage |
|---|
Analogies or reverse analogies |
|---|
Jumbled paragraph |
|---|
Meaning-usage match |
|---|
Summary questions |
|---|
Verbal reasoning |
|---|
| Relationships or patterns within groups of words or sentences |
Facts/ inferences/ judgements |
|---|
Reading comprehension |
|---|
Tables |
|---|
Column graphs |
|---|
Bar graphs |
|---|
Line charts |
|---|
Pie chart |
|---|
Venn diagrams |
|---|
Caselets |
|---|
Number and letter series |
|---|
Calendars |
|---|
Clocks |
|---|
Cubes |
|---|
Venn diagrams |
|---|
Binary logic |
|---|
Seating arrangement |
|---|
Logical sequence |
|---|
Logical matching |
|---|
Logical connectives |
|---|
Syllogism |
|---|
Blood relations |
|---|
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| Year | Student Appeared | Seats Available |
|---|---|---|
| Sep 2019 | 1083 | None |
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.
| Particulars | Details |
|---|---|
| Language | English |
| Duration | 3 hours |
| Mode | To be conducted in ONLINE, home-based mode |
| Total marks | 100 |
| Total number of questions | 45 questions – 1 mark each 20 questions – 2 marks each 05 questions – 3 marks each |
| Sections |
|
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
Candidates are also allowed to carry a scientific calculator of the following models only
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 | 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 |
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.
The result of ACET 2024 would be declared simply as pass or fail; no scores will be released.
| Validity of Exam Result: | For 3 Years |
| Mode of Exam: | Online |
| Contacts: | 02262433337 |
| Relevant Links: | Official Website Link Click Here |
| +1 More |
Answer:
Yes, IAI will conduct the ACET mock test a few days before the exam.
Answer:
ACET 2024 for the June session will be conducted in the month of June 2024.
Answer:
A candidate has to score at least 50 % marks for qualifying the ACET exam.
Answer:
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.
Answer:
The ACET exam carries a total of 100 marks distributed into 5 sections.
Answer:
Candidates who want to pursue actuarial sciences can accomplish the registration process through the official website- actuariesindia.org.
Answer:
The Actuarial Common Entrance Test (ACET) is conducted as an entrance examination for pursuing actuarial sciences.
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!
02262433337
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