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ACET Exam 2023 - Dates, Registration, Syllabus & Pattern, Admit Card, Result
Latest Update for ACET
- 06 Apr 2023:
ACET Registration June 2023 has started in online mode, apply now
- 08 Dec 2022:
ACET Result 2022 declared, know how to download.
- 06 Sep 2022:
ACET registrations for November 2022 and March 2023 session is open now - Click to know more
Stay up-to date with ACET News
About ACET 2023
ACET June 2023 - The Institute of Actuaries of India (IAI) has announced the ACET June 2023 dates. Online registration for ACET 2023 has commenced on April 5, 2023. The ACET June 2023 exam will be held on June 24, 2023. Students who have completed Class 12 with English as one of the subjects are eligible to apply for ACET June 2023. The online-based entrance exam will have 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.
ACET December 2023 - The Institute of Actuaries of India (IAI) has released the ACET December 2023 exam dates. The ACET December 2023 registration will begin from July 12, 2023. The last date to complete the registration process of ACET 2023 for December session is November 23, 2023. The ACET 2023 exam for December session will be conducted on December 23, 2023. The result for ACET December 2023 session will be declared on January 3, 2024.
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.
ACET 2023 Highlights
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 |

ACET 2023 Important Dates
Upcoming Dates and Events
03 Jun, 2023
Admit Card - June session | Mode: Online
24 Jun, 2023
Exam - June session | Mode: Online
05 Jul, 2023
Result - June session | Mode: Online
12 Jul, 2023 - 23 Nov, 2023
Application - December session | Mode: Online
23 Dec, 2023
Exam - December session | Mode: Online
03 Jan, 2024
Result - December session | Mode: Online
Past Dates and Events
05 Apr, 2023 - 24 May, 2023
Application - June session | Mode: Online
28 Mar, 2023
Result - March session | Mode: Online
18 Mar, 2023
Exam - March session | Mode: Online
02 Mar, 2023
Admit Card - March session | Mode: Online
03 Sep, 2022 - 22 Feb, 2023
Application - March session | Mode: Online
ACET 2023 Eligibility Criteria
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 2023 eligibility criteria which have been elucidated below.
ACET eligibility criteria 2023
- 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.
Mode of Application : Online
Mode of Payment : Net Banking | Credit Card | Debit Card
ACET application form June 2023 has been released on April 5, in online mode. The last date to submit the application form is May 24, 2023. While the registration for the December session will be released on July 12, 2023. The application form can be accessed at the official website of IAI. 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 2023 application form?
- Registration - The first step in the application process is registration. As part of the ACET 2023 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.
- Fill the form: Candidates will also be required to enter their personal, and academic details and contact details.
- 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.
- Select Exam City - Candidates do not need to select the exam city as the exam will be conducted in a home-based mode.
- 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.
- 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 2023 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
Application Fees
Category | Quota | Mode | Gender | Amount |
---|---|---|---|---|
ST, OBC, General, SC | Online | Female, Transgender, Male | ₹ 3000 | |
ST, OBC, General, SC | PWD | Online | Female, Transgender, Male | ₹ 3000 |
Mathematics
Notation and standard functions |
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Numerical methods |
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Algebra |
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Differentiation |
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Integration |
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Vectors |
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Matrices |
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Statistics
Permutations and combinations |
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Types of data |
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Statistical diagrams, bar chart, histogram, dot plot, stem-and-leaf, boxplot |
Measures of location |
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Mean, median, mode |
Measures of spread |
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Range, interquartile range, standard deviation, variance, skewness |
Probabilities |
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Basic rules of probabilities |
Advanced probabilities |
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Tree diagrams, conditional probabilities |
Discrete random variables |
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Definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness |
Continuous random variables |
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Definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness |
Discrete distributions |
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Discrete uniform, Bernoulli, binomial, Poisson |
Continuous distributions |
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Continuous uniform, exponential, the normal distribution |
Correlation |
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Scatter plots, covariance, correlation coefficient |
Regression |
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English
Vocabulary based (synonyms, antonyms) |
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Meanings of words, secondary shades of meaning, usage, idioms and phrases, antonyms, related words etc |
English usage or grammar |
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Grammatical errors, subject-verb agreement, use of modifiers, parellel construction, redundancy, phrasal verbs, use of articles, prepositions etc |
Sentence correction |
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Fill in the blanks |
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Cloze Passage |
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Analogies or reverse analogies |
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Jumbled paragraph |
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Meaning-usage match |
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Summary questions |
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Verbal reasoning |
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Relationships or patterns within groups of words or sentences |
Facts/ inferences/ judgements |
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Reading comprehension |
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Data interpretation
Tables |
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Column graphs |
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Bar graphs |
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Line charts |
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Pie chart |
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Venn diagrams |
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Caselets |
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Logical reasoning
Number and letter series |
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Calendars |
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Clocks |
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Cubes |
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Venn diagrams |
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Binary logic |
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Seating arrangement |
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Logical sequence |
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Logical matching |
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Logical connectives |
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Syllogism |
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Blood relations |
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Student Appearing Vs Seat Available
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 2023, 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 2023 Exam Pattern
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 2023 for the June session will be released on June 3, 2023. The ACET hall ticket will be available for download on the official website of the institute. To download the ACET 2023 admit card candidates can follow the steps given below
How to download the ACET 2023 hall ticket / admit card
- Visit the ACET 2023 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 2023
- Name of the candidate
- The roll number
- Application number
- Date of birth of the candidate
- Date and time of ACET 2023 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.
ACET 2023 Exam Centers
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 |
Documents Required at Exam
- Admit card
- Valid photo id
- Class 12 hall ticket or college id duly attested (only for class 12 students)
The institute will announce the ACET June 2023 result on July 5, 2023. Candidates will be able to access their ACET scorecards from their registered accounts.
IAI has announced the ACET March 2023 result on March 28, 2023. The result of ACET 2023 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 2023 result would become invalid.
How to check ACET 2023 result?
- Click on the result link
- In the login window that opens, enter your id and password
- The ACET result 2023 will be displayed on the screen
- Download and take a printout of the result.
The result of ACET 2023 would be declared simply as pass or fail; no scores will be released.
General Information
Frequently Asked Questions (FAQs)
Question:Will IAI conduct any mock test for ACET 2023 June session?
Answer:
Yes, IAI will conduct the ACET mock test a few days before the exam.
Question:When is the ACET December 2023 session exam?
Answer:
ACET 2023 for the December session will be conducted on December 23, 2023.
Question:What are the passing marks for ACET 2023 exam?
Answer:
A candidate has to score at least 50 % marks for qualifying the ACET exam.
Question:For what period is the ACET result valid?
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.
Question:What is the maximum weightage for ACET exam?
Answer:
The ACET exam carries a total of 100 marks distributed into 5 sections.
Question:How can I register for ACET 2023?
Answer:
Candidates who want to pursue actuarial sciences can accomplish the registration process through the official website- actuariesindia.org. The ACET June registration will start from April 5, 2023.
Question:Why is ACET exam conducted?
Answer:
The Actuarial Common Entrance Test (ACET) is conducted as an entrance examination for pursuing actuarial sciences.
Questions related to ACET
How can I apply for admission to ACET in Amritsar?
Candidates can apply for admission to various courses offered by ACET Amritsar through an entrance test- AGC NEST conducted by the Amritsar Group of Colleges (AGC).
How can I apply for an MBA seat at ACET in Amritsar?
The candidate can apply for an MBA seat at ACET in Amritsar through an entrance test- AGC NEST conducted by the Amritsar Group of Colleges (AGC).
ACET PREVIOUS YEAR QUESTION PAPER
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!
what i do after passing the Acet exam
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!!
what i do after passing Acet exam
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!!