ACET: Exam Dates, Application Form, Eligibility Criteria
ACET: Exam Dates, Application Form, Eligibility Criteria

The December 2023 session of the ACET is scheduled for the 23rd of December 2023. 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.

ACET 2024

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Institute of Actuaries of India (IAI), Mumbai Actuarial Common Entrance Test (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

Important Events of ACET Exam 2023Dates for Nov 2022 SessionDates for Mar 2023 SessionDates for Jun 2023 SessionDates for Dec 2023 Session
Release of notificationAs per IAIAs per IAIAs per IAI28 Mar 2023
Release of ACET application form 202324 Aug 2022 (3 pm)03 Sep 2022 (3 pm)5 April 202312 Jul 2023
Last date to apply at actuariesindia.org22 Oct 2022 29 Oct 2022 (upto 3 pm)22 Feb 2023 (upto 3 pm)30 May 2023 up to 3:00 pm25 Nov 2023 up to 6:00 pm
ACET admit card 2023 release date15 Nov 202202 Mar 202307 Jun 2023As per IAI
ACET 2023 exam date26 Nov 2022 (10 am to 1 pm)18 Mar 2023 (10 am to 1 pm)24 Jun 2023 (10.00 am to 1.00 pm)23 Dec 2023 – (10.00 am to 1.00 pm)
ACET 2023 result date and time07 Dec 202228 Mar 20235 July 202303 Jan 2024

Important Downloads and Official Links

Eligibility Criteria

  • Students who have appeared 10+2 or an equivalent examination and waiting for the result.
  • A candidate who has passed 10+2 or any other higher courses/examinations.
  • Any candidate studying higher courses/examinations.

Application Process

Entrance Test Fee

  • Entrance Test Fee – Rs. 3000/-
  • Mode of Payment – Online through Credit Card or Debit Card or Net Banking

Exam Pattern

  • Mode of the Exam: Online Home Based Examination
  • Duration of the Exam: 3 hours
  • Language: English
  • Types of Questions: 70 Multiple Choice Questions
  • Total Marks: 100 Marks
  • Marking Scheme: There is no negative marking for incorrect answers

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 contain 45% of the 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 Centers

CodeCenter NameCodeCenter Name
1Mumbai9Jaipur
2Delhi10Ahmedabad
3Kolkata11Lucknow
4Bangalore12Chandigarh
5Gurgaon13Indore
6Chennai14Kochi
7Pune15Coimbatore
8Hyderabad16Guwahati

Contact Details

Address: Unit no. F-206, 2nd Floor, “F” Wing in Tower 2, Seawoods Grand Central, Plot no R-1, Sector 40, Seawoods, Near Seawoods Railway Station, Navi Mumbai – 400 706
Boardline: +91 – 22 – 62433333 Fax: +91-22 – 62433322

ACET Exam Overview

Aspects of the ACET ExamDetails
Name of ExamACET 2023
Full FormActuarial Common Entrance Test
Exam Organizing BodyInstitute of Actuaries of India (IAI)
Level of ExamNational Level
Type of ExamCommerce entrance exam
Courses in which admission is through ACETstudent membership of IAI
Colleges in which admission is through ACETInstitute of Actuaries of India
Mode of ExamOnline
Exam Duration3 hour
Types of QuestionsMultiple Choice Questions
Total Number of Questions70
Max marks100
Subjects in ExamMathematics , Statistics , Data Interpretation, English , Logical Reasoning
Educational Qualification to appear in ExamClass 12th
Official Websiteactuariesindia.org
ACET Exam Overview

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