Contents
The ACET Syllabus for 2024 has been released in advance of the exam. This syllabus encompasses all the crucial topics from which questions will be posed during the Actuarial Common Entrance Test (ACET 2024). If you plan to take the ACET 2024, it is advisable to download the ACET syllabus PDF here to familiarize yourself with these topics.
ACET is a national-level commerce entrance exam organized by the Institute of Actuaries of India (IAI) for securing admission to student membership in the Institute of Actuaries of India.
Download Syllabus Here – Click Here To Download Syllabus PDF
ACET Syllabus: Download PDF
Mathematics
- Notation and standard functions
- Numerical Methods
- Algebra
- Differentiation
- Integration
- Vectors
- Matrices
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
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, parallel 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.
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.
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 Exam Pattern
As per the exam pattern of ACET, there will be only 70 multiple-choice questions covering the above-mentioned subjects. There is no negative marking in ACET exam. But, the marks distribution will vary as follows:
ACET Marks Distribution:
| No. of questions | Marks are awarded for the correct answer | Maximum marks |
|---|---|---|
| 45 questions | Will carry one mark each | 45 marks |
| 20 questions | Will carry two marks each | 40 marks |
| 5 questions | Will carry three marks each | 15 marks |
The Allocation of Marks will be as under:
The Allocation of Marks will be as under:
- (i) Mathematics – 30 marks.
- (ii) Statistics – 30 marks.
- (iii) Data Interpretation – 15 marks.
- (iv) English – 15 marks.
- (v) Logical Reasoning – 10 marks.
- ACET will be conducted in a single day with one slot.
- There will not be any negative marking for incorrect answers.
- Pass mark for ACET Examination is 50%.
Exam Pattern Overview:
| Particulars | Details |
| Mode of exam | Online centre based exam |
| Passing criteria | Minimum 50% marks in ACET exam |
| Time duration | 3 hours |
| Sectional time limit | No sectional limit |
| Sections | 5 |
Reference Books
- TOMATO (Test Of Mathematics at Ten plus Two level published by ISI)
- How to Prepare for Verbal Ability and Reading Comprehension for CAT by Arun Sharma and Meenakshi Upadhyay, Mc Graw Hill
- How to prepare for Quantitative Aptitude for the CAT Editor: Arun Sharma
- Quantitative Aptitude for Competitive Examinations Editor: Abhijit Guha
- The Pearson and Guide to Verbal Ability and Logical Reasoning for the CAT Editor: Nishit K. Sinha
- Quantitative Aptitude for MBA Entrance Examinations Editor: R.S. Aggarwal
- High School English Grammar and Composition- Wren and Martin
- Word Power Made Easy Editor: Norman Lewis
- Problem Solving Strategies Editor: Arthur Engel
- Challenge and Thrill of Pre-College Mathematics by New Age International Publishers
- Challenging Mathematical Problems with Elementary Solutions Editors: A.M. Yaglom and I.M. Yaglom
- An Excursion in Mathematics Editors: M. R. Modak, S. A. Katre, V. V. Acharya, V. M. Sholapurkar
- Problem Primer for the Olympiad Editors: C R Pranesachar, B J Venkatachala, C S Yogananda
- Trishna’s Data Interpretation and Logical Reasoning for the CAT and other MBA Entrance Examinations
- ACTED Study Material – FAC and STATS PACK
Note: The reference books are for guidance purpose and they may or may not cover the given ACET syllabus.
ACET
ACET, a national-level commerce entrance exam, is administered by the Institute of Actuaries of India (IAI). The Actuarial Common Entrance Test (ACET) is designed to secure admission to student membership of IAI.
Aspiring candidates seeking information about the ACET exam, including details such as the exam date, application form, and preparation materials like syllabus, exam pattern, and question papers, can find the latest updates on the official website at actuariesindia.org.
Quick Links
ACET Syllabus – Overview
| Aspect of ACET Syllabus | Details |
|---|---|
| Name of exam | ACET |
| Full form of exam name | Actuarial Common Entrance Test |
| Event of ACET exam | Syllabus |
| Official Body for exam and ACET syllabus | IAI |
| Full form of organization | Institute of Actuaries of India |
| Important Topics in ACET Syllabus | Mathematics , Statistics , Data Interpretation, English , Logical Reasoning |
| Scope of ACET syllabus | National |
| Exam Type | Commerce Entrance Exam |
| Courses for which ACET syllabus is to be studied | student membership of IAI |
| Official website for ACET syllabus | actuariesindia.org |