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Actuarial Common Entrance Test (ACET)

Contents

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  1. Important Dates
  2. Eligibility Criteria
  3. Application Fee
  4. How to Apply
  5. Exam Pattern
  6. Exam Centres
  7. Syllabus
  8. Admit Card / Hall Ticket
  9. Results
  10. Contact Details

Actuarial Common Entrance Test (ACET)

Candidates can get the full details of ACET Exam 2017 such as Application Form, Exam Pattern, Syllabus, Important Dates and much more on this post.

About ACET Exam
Exam Name: Actuarial Common Entrance Test
Conducting Institute: Institute of Actuaries of India
Commonly called as: ACET
Exam Level: University Level
Stream: Engineering Entrance Exam

Important Dates

ACET Exam Dates
Events Dates
Date of Registrations Start : 2nd Week Of March 2017
Date of Registrations Close: 2nd Week Of April 2016
Date of ACET Exam: 3rd Week Of May 2017
Date of Results: 2nd Week Of June 2017

Eligibility Criteria

  • An HSC passed, graduate, post graduate, Engineer, MBA, CA, ICWA etc. with sound knowledge in Mathematics & Statistics.
  • Loves logic and problem solving.
  • Good communicator.
  • Excellent business awareness.

Application Fee

ACET Registration & Examination Fee Structure
Application Fee Rs. 3000

How to Apply

Go to Official website and sign up. On filling up the Online Registration Form, you will receive a confirmation mail at your registered email id giving you the link to proceed further by giving other details, uploading your photograph and making payment of registration fees by Debit or Credit Card or Internet Banking

In case you do not receive the confirmation mail, kindly get in touch with IAI at acet@actuariesindia.org or call at 022-67843355
After successful registration, you will be able to download the study material from your login download tab using the same id and password you had used for online ACET registration.

Kindly take a printout of your ACET Online Registration Form, since you have to submit it at the time of taking admission with the institute

Exam Pattern

The exam will have multiple-choice questions with one correct answer for each question. The exam will be conducted online at a pre-selected test center at a specified time.

The exam will be a three hour, 100 marks online exam that will have 70 multiple-choice questions with one correct answer for each question

The questions for Section-I i.e. Mathematics, Statistics and Data Interpretation will contain 55% of weightage and Section-II i.e. English and Logical Reasoning will contains 45% of weightage

The total distribution of questions would be:

a. 45 questions - 1 mark each

b. 20 questions - 2 marks each

c. 05 questions - 3 marks each

After successful registration, students will be able to download the sample question paper for the examination. However, the names of the reference books will be provided to the students.

Exam Centres

In which cities are the exam test centers available -


CITY CITY CITY CITY
AGRA AHMEDABAD BENGALURU BAREILLY
BHUBANESHWAR CHANDIGARH CHENNAI DEHRADUN
DELHI FARIDABAD GOA GURGAON
GUWAHATI HYDERABAD INDORE JAIPUR
JALANDHAR JAMMU JAMSHEDPUR KANPUR
KOCHI KOLKATA LUCKNOW LUDHIANA
MUMBAI NAGPUR NASIK PATNA
PUNE RAIPUR RANCHI SECUNDERBAD
SURAT UDAIPUR VIZAG SRINAGAR
COIMBATORE BHOPAL VADODARA VARANASI
THIRUVANANTHAPURAM

Syllabus

  1. Mathematics
  2. Statistics
  3. English
  4. Data Interpretation
  5. Logic

1) Mathematics

  • Notation and standard functions
  • Numerical Methods
  • Algebra
  • Differentiation
  • Integration
  • Vectors
  • Matrices

2) Statistics

  • 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

3) English

  • Vocabulary Based (Synonyms Antonyms)
  • English Usage or Grammar
  • Sentence Correction
  • Fill in the blanks
  • Cloze Passage
  • Analogies or Reverse Analogies
  • Jumbled Paragraph
  • Meaning-Usage Match
  • Summary Questions
  • Verbal Reasoning
  • Facts / Inferences / Judgements
  • Reading Comprehension

Vocabulary : Vocabulary questions test the candidate’s knowledge of the primary meanings of words, secondary shades of meaning, usage, idioms and phrases, antonyms, related words, etc.

Grammar : Grammar-based questions test the candidate’s ability to spot and correct grammatical errors. It should generally tests knowledge of high school level grammar and includes areas like subject-verb agreement, use of modifiers, parellel construction, redundancy, phrasal verbs, use of articles, prepositions, etc.

Verbal Reasoning : Verbal reasoning questions are designed to test the candidate’s ability to identify relationships or patterns within groups of words or sentences.

4) Data Interpretation

Data is given in form of tables, charts and graphs. In this section it is tested that how can you interpret the given data and answers the questions based on it.

  • Tables
  • Column Graphs
  • Bar Graphs
  • Line Charts
  • Pie Chart
  • Venn Diagrams
  • Caselets

Combination of two or more types linked to each other.

5) Logical Reasoning

  • Number and Letter Series
  • Calendars
  • Clocks
  • Cubes
  • Venn Diagrams
  • Binary Logic
  • Seating Arrangement
  • Logical Sequence
  • Logical Matching
  • Logical Connectives
  • Syllogism
  • Blood Relations

Admit Card / Hall Ticket

The candidate should verify all the information in the admit card. If any issue is found, then get it corrected with the concerned authority.

The candidates are required to carry the admit card to the examination hall. Without it, you will not be allowed to enter the examination hall. It is also very important to document for the further admission processes.

Results

The candidates are also advised to download the Rank Cards from the website after publication of results.

Contact Details

Institute Of Actuaries Of India
302, Indian Globe Chambers,
142, Fort Street, Off D N Road, Mumbai - 400 001
Boardline: +91 - 22 - 67843333
Fax: +91-22 – 67843330
https://www.actuariesindia.org/

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