ACET
Actuarial Common Entrance Test
ACET is applicable to candidates who plan to enroll as student members of the Institute of Actuaries of India and wish to take Actuarial examinations.
Minimum 10+2
Eligibility Criteria3 Times in a Year
Exam FrequencyValid for 3 Years
ACET Result ValidityWhat is ACET?
Actuarial Common Entrance Test (ACET) is an entrance exam by the Institute of Actuaries of India (IAI) for individuals who wish to pursue their careers as an Actuary.
The primary and fundamental requirement is that the candidate must have passed 12th grade or an equivalent examination in any stream.
Why ACET?
After Passing ACET Exam, Students become Eligible to apply for Student Membership from the IAI.
ACET Eligibility
Ensure you meet the standard criteria before formally registering for the Actuarial Common Entrance Test.
10+2 Clearance
Candidate must have passed 10+2 examination or equivalent with English as one of the subjects.
Appearing Students
Students who are currently appearing for their 10+2 or equivalent examinations are also eligible to apply.
Higher Backgrounds
Candidates having higher qualifications (Engineering, Management, CA, CS, Cost Accountant, etc.) are heavily encouraged to appear.
Syllabus Overview for ACET
The examination covers five core subjects mapped directly to logical and mathematical reasoning capabilities.
Mathematics
| Topic | Description |
|---|---|
| Notation and standard functions | Sets, functions, indices, polynomial, rational, exponential, logarithmic, and trigonometric functions. |
| Algebra | Fractions, solving equations, binomial theorem, AP, GP, summations, matrices. |
| Differentiation | Limits, derivatives of standard functions, product/quotient/chain rules, maxima & minima. |
| Integration | Indefinite/definite integrals, evaluating area under a curve, integration by parts. |
| Vectors | 2D and 3D numeric limits, scalar/cross products. |
Statistics
| Topic | Description |
|---|---|
| Permutations and combinations | Arrangements and sampling principles. |
| Types of data | Statistical diagrams, histograms, stem and leaf, cumulative frequency bounds. |
| Measures of location | Mean, median, mode calculations and interpretations. |
| Measures of spread | Variance, standard deviation, range, interquartile range. |
| Probabilities | Venn diagrams, conditional probability, tree diagrams, dependent vs independent events. |
Data Interpretation
- Tables
- Pie Charts
- Bar Graphs
- Line Charts
- Venn Diagrams
English
- Vocabulary based
- English usage/grammar
- Sentence correction
- Fill in the blanks
- Reading comprehension
- Analogies
Logical Reasoning
- Number/Letter Series
- Blood Relations
- Syllogisms
- Seating Arrangement
- Clocks & Calendars
- Direction Sense
Marking Scheme - ACET
| Subject | No. of Questions | Marks | Total Marks |
|---|---|---|---|
| Mathematics | 15 | 2 | 100 |
| Statistics | 15 | 2 | |
| Data Interpretation | 10 | 1 | |
| English | 20 | 1 | |
| Logical Reasoning | 10 | 1 | |
| Total | 70 | 100 |
Result - ACET
- Fast Declaration: IAI normally declares the ACET result within 10 working days time from the date of the exam.
- Availability: The results would be heavily broadcasted and made available securely on the official IAI website.
- Attempts: Candidates can appear for the exam unlimited times. There is NO limit on the number of attempts for ACET.
Why Choose Alpha Plus for ACET?
Tailored for Beginners
Our ACET module is specifically designed for 10+2 students, breaking down advanced actuarial concepts into simple, understandable logic.
Extensive Question Bank
Access to 2000+ practice questions covering Mathematics, Statistics, DI, English, and Logic – mirrors the exact level of actual ACET exam.
Doubt Clearing Support
Dedicated doubt-clearing sessions with expert faculty to ensure you never get stuck on complex problem-solving steps.
Exam-Day Strategy
We teach you time-management techniques and shortcut methods essential for clearing ACET with a high score.
