ACET 2024 - Exam Date (Out), Registration (Closing Soon), Pattern, Syllabus, Preparation

Updated By Debanjalee Sen on 19 Apr, 2024 16:33

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ACET 2024 (Registrations Closing Soon)

The ACET exam is conducted by the Institute of Actuaries of India (IAI) twice or thrice a year. The conducting body released the exam schedule on the official website for the May session. Candidates looking for a career in the field of Actuary can register for the ACET exam. These aspirants can seek admission in the Actuary course and can appear for regular exams conducted by the institute.

ACET 2024 May Session: ACET registrations 2024 for the May examination are scheduled to end tomorrow, April 20, 2024, by 6 PM. Log in to the official portal now, and complete the registration at the earliest. ACET 2024 admit card will be released on April 27, 2024. The exam for May 2024 will be conducted on May 4, 2024, from 10 AM to 1 PM. With the exam round the corner, candidates must step up their preparations. They must revise the topics regularly and attempt the previous year question papers. 

Below is the direct link to obtain the ACET registration 2024 for the May 2024 ACET examination -

(May 2024)ACET 2024 Registration Link

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ACET 2024 Important Dates

IAI has released the dates for the ACET 2024 May session and candidates can check the same below -

ACET 2024 May Session

Event

Dates

Online registration begins for IAI ACET May 2024

March 19, 2024

Last date to register for IAI ACET 2024

April 20, 2024, by 6 PM

ACET 2024 Hall Ticket Releases

April 27, 2024

IAI ACET 2024 Exam Date May Session

May 4, 2024, (10 AM to 1 PM)

ACET 2024 Result Date

July 1, 2024

Last Date to take Student Membership Admission

TBA

ACET 2024 June Session

Events 

Dates 
ACET 2024 Application Process BeginsTBA
ACET 2024 Application Process EndsTBA
ACET 2024 Admit Card Release DateTBA
ACET 2024 Exam DateTBA

ACET 2024 Result Date

TBA
Last Date to take Student Membership Admission

TBA

ACET 2024 December Session

Events 

Dates
Application Process Start DateTBA
Application Process End DateTBA
Admit Card Release DateTBA
ACET Exam DateTBA
ACET Result DateTBA

Last Date to take Student Membership Admission

TBA

All About ACET 2024

Here are the major events of the ACET 2024 exam -

ACET 2024 Eligibility Criteria

Below are the eligibility criteria of ACET 2024 -

  • Students who have taken the 10+2 or a similar exam and are awaiting the results.
  • A candidate who has completed 10+2 or any other higher level courses/exams.
  • Students who have completed the Diploma.
  • Students who are from Finance, or any other field, but have a passion for mathematics and strong numerical skills.
  • Mathematical Sciences include subjects such as mathematics, statistics, econometrics, and others.
  • Aspirants who are from the Engineering and Management field.
  • Company Secretary, Chartered Accountant, or Cost Accountants are also eligible.

ACET 2024 Exam Pattern

ACET 2024 is a three-hour online exam with a total of 100 marks. Students have to answer 70 multiple choice questions. ACET will be held on a single day with only one slot. There will be no negative grading for wrong responses. The ACET Examination has a pass mark of 50%.

The marks distribution is as follows - 

45 questions

1 mark each

20 questions

2 marks each

5 questions

3 marks each

Marks allocation for the ACET 2024 is as below -

Subject

Marks

Mathematics

30 

Statistics

30

Data Interpretation

15

English

15

Logical Reasoning

10

ACET Application Form

Here are the details about the ACET Application Form in below section:

  • Candidates must fill out the application form with details such as the email address, name, phone number, and so on.
  • To complete the application form, upload scanned documents such as a photograph and signature.
  • Because there will be no corrections, all of the information on the online application must be correct.
  • After completing all of their information, students must print the application form for reference purposes.

Application Fee:

  • The application fee can be submitted online.
  • The ACET application cost is Rs. 3000/-. (approximate)
  • Candidates must pay the fee with a credit card, debit card, or net banking transaction.

ACET 2024 Syllabus

Here are the major topics and sub topics for ACET 2024 exam -

Mathematics

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

Statistics

  • Permutations and combinations.
  • Types of data -Statistical diagrams, dot plot, stem-and-leaf, boxplot, bar chart, histogram.
  • Measures of location - mean, median, mode
  • Measures of spread - range, interquartile range, variance, Skewness, standard deviation.
  • 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, binomial, Poisson, Bernoulli.
  • Continuous distributions - continuous uniform, exponential, the normal distribution
  • Correlation - scatter plots, correlation coefficient, covariance
  • Regression

English

  • Vocabulary-Based (Synonyms Antonyms)
  • English Usage or Grammar
  • Sentence Correction
  • Fill in the blanks
  • Facts / Inferences / Judgements
  • Reading Comprehension
  • Analogies or Reverse Analogies
  • Jumbled Paragraph
  • Meaning-Usage Match
  • Summary Questions
  • Verbal Reasoning
  • Vocabulary questions assess the candidate's understanding of primary meanings, secondary shades of meaning, use, idioms and phrases, antonyms, related words, and so on.
  • Grammar questions try a candidate's ability to identify and correct grammatical problems. It should generally test knowledge of high school level grammar in areas such as subject-verb agreement, modifier use, parallel construction, redundancy, phrasal verbs, use of articles and prepositions, and so on.
  • Questions in Verbal Reasoning are intended to assess the candidate's ability to find correlations or patterns among groups of words or sentences.

Data Interpretation

Tables, charts, and graphs are used to present data. This part evaluates how candidates interpret and answer questions based on the provided data.

  • 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
  • Seating Arrangement
  • Logical Sequence
  • Logical Matching
  • Logical Connectives
  • Clocks
  • Cubes
  • Venn Diagrams
  • Binary Logic
  • Syllogism
  • Blood Relations

ACET 2024 Admit Card

ACET 2024 Hall Ticket will be available via the aspirant's ACET Login to all registered candidates. ACET Admit Cards contain different instructions as well as information about the place, dates, and timing of the examination which the students must follow. Candidates must keep their admit card safe until the admissions process is completed.

ACET 2024 Preparation Tips

Here are some pointers and methods to help the aspirants prepare for the ACET 2024 Exam:

  • Candidates should review the ACET 2024 syllabus and exam pattern.
  • Create an appropriate study plan based on the topics in mind.
  • Solve the sample papers of ACET as well as the prior year's question paper.
  • Take the mock test on a daily basis.
  • Purchase appropriate study materials.
  • Students must take care of their health and concentrate on their studies.

ACET 2024 Exam Centres

IAI conducts ACET exam in 24 test centres across the country. ACET is a Computer-Based Test, and the same is conducted in the following test centres across the country -

Mumbai

Chennai

Indore

Dehradun

Delhi

Pune

Nagpur

Patna

Ranchi

Hyderabad

Kolkata

Vizag

Bangalore

Jaipur

Kochi

Coimbatore

Gurgaon

Ahmedabad

Bhubaneswar

Surat

Lucknow

Chandigarh

Guwahati

Raipur

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Guidelines for ACET 2024 Online Registration

The following is the process for ACET Online Registration -

  • For ACET information, visit the IAI website and click on the following link.
  • Please use the following link to sign up or login.
  • Students are requested to register using a desktop or laptop computer. They should not register using their mobile phone.
  • Applicants can modify their centre with the login at any moment within the specified period.
  • It is needed to provide a passport-sized photograph that meets the requirements.
  • If the submitted photograph is acceptable, the students will receive a confirmation email; otherwise, they will receive a rejection email suggesting them to re-upload.
  • They must choose the examination centre they want to appear from the drop down list.
  • The exam centre's confirmation is contingent on a certain amount of registrations from that location. They will receive an email confirming their registration.
  • After completing the Online Registration Form, students will receive a confirmation email at the registered email address with a link to continue by providing more information, uploading their photos, and paying the registration fees using Debit or Credit Card or Internet Banking.
  • After successfully registering, students will be able to access the Welcome Kit, which includes one Sample Question Paper and an Indicative Solution, from their login download tab by entering the same id and password they used for online ACET registration.
  • They will also receive a confirmation email of their enrollment and successful payment at the registered email address.
  • All contact will and must be sent to the registered email address.
  • If the aspirants do not print their Hall Ticket and bring a government-issued photo ID proof (Aadhaar card, Driving License, Passport, Voter ID card, or PAN card) in original (hard copy) with them during the examination, they will be denied entry.
  • In the case of 12th grade students, the applicants must bring their examination hall ticket or a college ID card with a photo that has been officially attested in the original.

Stages in Actuary Course offered by IAI

In order to get enrolled in the Actuary course, a candidate needs to pass an entrance exam called ACET (Actuarial Common Entrance Test) conducted IAI. After clearing the exam, the candidates need to enrol for admission in Actuarial course. The admission process is conducted in online mode. There are three stages in the ACET 2024 exam such as -

  • Core Technical Stage (CT)
  • Specialist Technical Stage (ST)
  • Specialist Application Stage (SA)

A candidate needs to clear the regular exams conducted IAI, and only after clearing all the three stages of IAI exams, the candidate will be awarded a certificate in Actuary. Only the candidates who clear all the above exams shall be eligible to practice Actuary.

This page only focuses on only the ACET exam conducted IAI. All the details about ACET exam are elaborated here. If you are looking for Actuary course details of IAI, please click on the link below -

Career as a Actuary - Courses, Eligibility, Salary, Job Roles, Scope

Important Dates

IAI ACET 2024 Important EventsDates

Want to know more about IAI ACET

FAQs about IAI ACET

When is the ACET 2023 exam for the March session scheduled for?

The ACET 2023 exam for the March session is scheduled for March 18, 2023.

 

What is the total duration of the ACET 2023 exam?

The total duration of the ACET 2023 exam is 3 hours and has a total of 100 marks. The exam is slated to start at 10 AM and end at 1 PM.

 

What is the purpose of the ACET exam?

ACET exam is organised to shortlist candidates who want to pursue actuarial science and enrol as a student of the Institute of Actuaries of India.

 

How can candidates register for the ACET exam?

Candidates can register for the ACET exam via the official website of ACET at https://actuariesindia.org/.

What are the main sections of the ACET exam?

The main sections of the ACET exam are Mathematics, Statistics, Data Interpretation, English, and Logical Reasoning.

When will the ACET 2023 results be announced?

The ACET 2023 results will be announced on March 28, 2023.

 

How long will the ACET result be valid?

The ACET result will be valid till 3 years from the result declaration date for applying for IAI’s student membership.

 

What is the eligibility criteria for ACET?

The applicants must have appeared or passed 10 + 2 or similar recognised examination or has other higher qualifications.

 

How many exam centres are there for ACET across India?

There are 16 exam centres for ACET across India.

 

Can the applicants fill out the ACET application form with their mobile phones?

The applicants are advised to refrain from filling out the ACET application form with their mobile phones. They must use their laptop or desktop for the application form-filling purpose.

 

Which photo ID proof can the candidates carry along with their ACET admit card to the exam venue?

Candidates must carry their original hard copy of their Aadhaar card / Driving License / Passport, Voter ID card / PAN card as photo ID proof along with their ACET admit card to the exam venue.

 

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Related Questions

What should I use for preparation of ACET exam

-bhargav mircheyUpdated on September 28, 2020 02:38 PM
  • 1 Answer
Rahul Raj, Student / Alumni

Dear Student,

If you would like to know how to prepare for the ACET Exam, visit our ACET Exam page on our official website. For preparation click on the link mentioned below:-

How to Prepare for ACET Exam

Best Books for ACET

 ACET Sample Paper

You are advised to pick a book that covers all the topics mentioned for the ACET Syllabus so that no Syllabus is skipped.

For admission-related guidance, fill our Common Application form or call on our toll-free number 1800-572-9877. 

Thank You

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