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ACET May 2020
Introduction
The "Actuarial Common Entrance Test" (ACET) is an entrance exam for those who want to join as student members of the Institute of Actuaries of India (IAI) and plan to take & qualify in the various actuarial examinations conducted by the IAI. If you're already a member of the IAI, you are not required to take this entrance exam and can continue to appear for the various actuarial examinations. ACET is a computer-based exam that will be conducted four times every year - in the months of February, May, June, and September.
Notification
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ACET 2020 |
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Name of the Exam |
Actuarial Common Entrance Test (ACET 2020) |
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Conducting Body |
Institute of Actuaries of India (IAI) |
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ACET 2020 Exam Level |
National Level |
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ACET 2020 Courses |
Professional Actuaries courses |
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ACET 2020 Exam Mode |
Online |
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ACET 2020 Official Website |
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ACET 2020 Application Mode |
Online |
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ACET 2020 - Help Desk |
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| Address |
Unit No. F-206, 2nd Floor, F Wing, Tower II, Seawoods Grand Central, Plot no. R-1, Sector 40, Nerul Road, Navi Mumbai - 400706. |
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Contact Number |
+91 22 6243 3333, +91 22 6243 3322 | |
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E Mail Id |
acet@actuariesindia.org | |
Eligibility
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ACET 2020 - Eligibility |
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| ACET 2020 - Eligibility |
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Apply-Online
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ACET 2020 - Apply-Online |
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ACET 2020 Application Start Date (May 2020) |
13.03.2020 |
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ACET 2020 Application End Date (May 2020) |
11.04.2020 |
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ACET 2020 Official Website |
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ACET 2020 Official Information |
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ACET 2020 Apply Mode |
Online |
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ACET 2020 Apply Online |
ACET Apply Online |
Test-Centers
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ACET 2020 - Test Centers |
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| Code | Centre Name | Code |
Centre Name |
| 1 | Mumbai | 13 | Indore |
| 2 | Delhi | 14 | Nagpur |
| 3 | Kolkata | 15 | Ranchi |
| 4 | Bangalore | 16 | Kochi |
| 5 | Gurgaon | 17 | Bhubhaneshwar |
| 6 | Chennai | 18 | Dehradun |
| 7 | Pune | 19 | Patna |
| 8 | Hyderabad | 20 | Vizag |
| 9 | Jaipur | 21 | Coimbatore |
| 10 | Ahmedabad | 22 | Surat |
| 11 | Lucknow | 23 | Guwahati |
| 12 | Chandigarh | 24 | Raipur |
Schedule
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ACET 2020 - Important Dates |
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| S. No |
Event |
Important Date |
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1. |
ACET 2020 Registration Start Date |
13th March 2020 |
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2. |
ACET 2020 Registration End Date |
11 April 2020 |
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3. |
Hall Ticket will be available from |
24th April 2020 |
| 4. | Date of Exam |
09th May 2020 |
| 5. | Date of Results |
16th May 200 |
Admit-Card
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ACET 2020 – Admit Card |
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How to download the ACET 2020 Admit card?
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Exam-Pattern
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ACET 2020 - Exam Pattern |
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Subjects |
Questions |
Marks |
Duration |
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Mathematics, Statistics, Data Interpretation |
45 | 45 Marks | 3 Hours |
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English |
20 | 40 Marks | |
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Logical Reasoning |
05 | 15 Marks | |
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Total |
70 Questions | 100 Marks | |
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Marking Scheme:
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Syllabus
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ACET 2020 - Syllabus (Mathematics) |
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| Mathematics | Notation and standard functions |
| Numerical Methods | |
| Algebra | |
| Differentiation | |
| Integration | |
| Vectors | |
| Matrices | |
| ACET 2020 - Syllabus (Statistics) | |
| Permutations and combinations | - |
| Types of data | Statistical diagrams, Bar Chart, Histogram, dor 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 | |
| Discrete Distributions | Discrete Uniform, Bernouli, Binomail, Poisson |
| Continuous Distributions | Continuous Uniform, Exponential, the normal Distribution |
| Correlation | Scatter Plots, Covariance, Correlation Coefficient |
| Regression |
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ACET 2020 - Syllabus (English) |
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| 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 test 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. |
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ACET 2020 - Syllabus (Data Interpretation) |
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| Data Interpretation | Tables |
| Column Graphs | |
| Bar Graphs | |
| Line Graphs | |
| Pie Chart | |
| Venn Diagrams | |
| Caselets | |
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ACET 2020 - Syllabus (Logical Reasoning) |
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| Logical Reasoning |
Number and Letter Series |
| Calenders | |
| Clocks | |
| Cubes | |
| Venn Diagrams | |
| Binary Logic | |
| Seating Arrangement | |
| Logical Sequence | |
| Logical Matching | |
| Logical Connectives | |
| Syllogism | |
| Blood Relations | |
Exam-Guide
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ACET 2020 - Best Books |
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Book Name |
Author |
Amazon |
Flipkart |
| Test Of Mathematics at Ten plus Two level | Indian Statistical Institute | ||
| How to Prepare for Verbal Ability and Reading Comprehension for CAT | 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 |
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| 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 |
[ Click Here ] |
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| Challenge and Thrill of Pre-College Mathematics | 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 | ||
| Data Interpretation and Logical Reasoning for the CAT and other MBA Entrance Examinations | Trishna’s | ||
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ACET 2020 - Previous Papers |
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| Session | Paper |
| May 2016 | Click Here |
| October 2016 | Click Here |
| April 2017 | Click Here |
| June 2017 | Click Here |
| January 2018 | Click Here |
| June 2018 | Click Here |
| December 2018 | Click Here |
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ACET 2020 - Preparation Tips |
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Preparation Tips for ACET 2020:
Know the ACET 2020 Syllabus Well The most important thing to begin with the preparation for ACET 2020 is knowing the syllabus well. Candidate can only begin preparing if she/he knows the syllabus of ACET 2020. Through syllabus, candidates can also segregate difficult topics from easy ones and then practice accordingly.
Understanding the ACET 2020 Exam Pattern Well Knowing exam pattern well helps in time management during the exam. Exam pattern deals with the time given to each section and the number of questions present in every section of the exam.
Create a Study Plan Once aspirants become aware of the exam pattern and syllabus, they should prepare a study plan for effective preparation. The vast syllabus of the exam can be studied easily with the help of a smart plan.
Make Notes Keep making notes of every topic you study. Try making brief notes and do not involve long sentences in it as it makes revision harder.
Take Tests Regularly Taking tests regularly will help in clearing all the remaining doubts that a candidate might have regarding the exam pattern and syllabus. It also gives experience and helps build confidence.
Seek Guidance From Experts When it comes to the preparation of this exam, never hesitate in seeking help from experts. Those experts could be your seniors, teachers, parents, siblings or the ones who have qualified the exam or have experience in it.
Stay Healthy Your body can only concentrate on studies if it is fit. In order to stay fit and healthy, candidates must take proper rest and eat healthily. While making the study plan, give some time to recreational activities as well. |
Test-Day
| ACET 2020 - Identification Documents | |
| Test day Requirements |
Acceptable ID’s include PAN Card/ Driving License/ Voter ID/ Passport/ Aadhaar Card (with photo)/ Aadhar Enrolment Number. / Ration Card. |
| ACET 2020 - Exam Day Instructions |
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ACET 2020 - Exam Day Instructions :
Students must follow the below instructions carefully while appearing for the examination:
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Result
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ACET 2020 Results |
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ACET 2020 Results |
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Download Procedure |
How to check the ACET Results 2020?
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Counselling
| ACET 2020 - Counselling Process |
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Candidates have to follow the online admission process those will be declared passed in the exam. A merit list will be prepared according to the candidate’s marks ranks in the entrance exam.
Candidates have to send the Application cum Payment Confirmation Form along with the attested documents in the given address:
Admissions Team, |
| ACET 2020 - Counselling Required Documents |
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FAQ's
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ACET 2020 - Eligibility Criteria |
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| FAQ | Answer |
| What is the eligibility criterion? | The only eligibility criterion is that the examinee must have appeared 10+2 examination or an equivalent examination with English as one of the subjects at 10 + 2 level. |
| I live outside India. Can I appear for the exam from outside India? | No, currently the exam is being offered only in cities within India. There is, however, no restriction based on citizenship and/or residence for the exams to be taken from any one of the 24 centres. However, IAI will reject applications from Countries/Nationalities “alien” to India and any other Nationality/Country that IAI may consider it should not conduct its examinations for. The decision of IAI in this regard will be absolute and final. |
| Can an examinee take more than one attempt at this exam? | Yes, students who have been unsuccessful (for whatever reasons) can reappear by registering for ACET again. |
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ACET 2020 - Application Process |
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FAQ |
Answer |
| How much is the registration fee? | The registration fee for the entrance exam is Rs. 3,000 (three thousand only). |
| Is the Registration Fee Refundable? | The registration fee once paid is neither refundable nor can it be carried forward for the next ACET. |
| Can payment be made by any other means instead of online payment? | No, you can only register for the exam by making an online payment. |
| How will IAI contact me after registration? | If you don’t receive any communication from IAI after the registration process, please contact the ACET Helpdesk atacet@actuariesindia.org or 022-62433333/3336. |
| Can I select my exam centre and the time of my exam? |
YES, you have the choice of the exam centre; but the time slot will be fixed i.e. between 10.00am-1.00pm. |
| Who do I contact if I don’t get the email from IAI or if the registration process fails? |
Please contact the ACET HELPDESK acet@actuariesindia.org or 022-62433333/3336 at the earliest. |
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ACET 2020 - Admit Card |
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FAQ |
Answer |
| What is the mode of examination? Is it online or offline? | It is a computer-based examination where the examinees have to be present at their chosen testing centre administered in 24 centres across India. |
| Will the Question paper have sectional cut-offs? What is the Pass mark for ACET Examination? | No, the Question paper will not have any sectional cut-offs. The Pass mark for ACET Examination is 50%. |
| Where can I look for syllabus for the exam? | The syllabus is available on the IAI website under ACET Tab. |
| How do I get my examination Hall Ticket? | It will be available in your login at the Official Website. |
| Can we bring writing notepad to the exam centre? | No, you will not be allowed to carry blank sheets of paper to write. However, these sheets would be provided to you at the exam venue itself. You are not allowed to carry out any paper from the exam room. |
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ACET 2020 - Results |
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FAQ |
Answer |
| Is there any penalty (Negative Marking) for wrong answers? | Yes, there would be negative marking for incorrect answers. |
| When will the results be declared? | The results will be declared within one week from the date of the exam. The results would be available on the IAI website |
| What is the marking scheme for ACET 2020? | The incorrect answer will deduct half of the weight age of marks e.g. for an incorrect answer to a 1 mark question 0.5 mark will be deducted and for an incorrect answer to the 2 marks question 1 mark will be deducted and likewise, for an incorrect answer to the 3 marks question 1.5 marks will be deducted. |
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ACET 2020 - Admission |
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FAQ |
Answer |
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What is the Conducting Body for ACET 2020? |
It is by conducted by the Institute of Actuaries of India. |
| How frequently will the entrance exam be held? | The exam will be held at least twice in a year. As of now, the planned month's are February, May, June, September. |