Actuarial Common Entrance Test
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. It will give them the eligibility to become a member and appear for main Actuarial Science exams (Maths and Stats uptil class 12th level is prerequisite before opting for this course).
ACET is a 3 hour, 100 marks online exam which has 70 multiple choice questions with one correct
answer for each question.
Mathematics – 30 marks
Statistics – 30 marks
Data Interpretation – 15 marks
English – 15 marks
Logical Reasoning – 10 marks this is the content
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CB1
Price range: ₹10,000.00 through ₹13,500.00
CM1B
Original price was: ₹10,000.00.₹8,000.00Current price is: ₹8,000.00.
ACET
Price range: ₹3,500.00 through ₹7,500.00
Buy ACET (Full Programme / Exclusive Video Programme)
Not sure which programme fits you? Watch the videos below before you choose.
Watch the latest ACET orientation session| Features | Full | EVP |
|---|---|---|
| Exclusive Video Lectures | ✓ | ✓ |
| Assignment/Tests/Mocks | ✓ | ✓ |
| Placement Assistance | ✓ | ✓ |
| Live Classes (Online/Offline) | ✓ | ✕ |
| Weekly Targets | ✓ | ✓ |
| Video Tracking | ✓ | ✓ |
| Marking on Test & Mocks | ✓ | ✓ |
| Q&A Portal | ✓ | ✓ |
| Validity | 1 Year | 1 Year |
About Course
ACET – ACTUARIAL COMMON ENTRANCE TEST
About ACET – Actuarial Common Entrance Test
| Area | Description |
|---|---|
| Introduction | Actuarial Common Entrance Test (ACET) is an entrance examination conducted by the Institute of Actuaries of India (IAI) for individuals who wish to pursue a career as an actuary. Qualifying ACET makes candidates eligible to become members of the Institute and appear for the main Actuarial Science examinations. A basic understanding of Mathematics and Statistics up to Class 12 level is recommended before opting for this course. |
| ACET History | The entrance examination has been conducted by the Institute of Actuaries of India (IAI) since January 2012. |
New Structure of Examination
| Detail | Information |
|---|---|
| Exam Format | ACET is a 3-hour online examination carrying 100 marks. The exam consists of 70 multiple-choice questions, each having one correct answer. |
| Exam Slot | ACET is conducted on a single day in one slot only. |
| Negative Marking | There is no negative marking for incorrect answers. |
Distribution of Questions
| # | Questions | Marks Each |
|---|---|---|
| 1 | 45 questions | 1 mark |
| 2 | 20 questions | 2 marks |
| 3 | 5 questions | 3 marks |
Allocation of Marks
| # | Section | Marks |
|---|---|---|
| 1 | Mathematics | 30 marks |
| 2 | Statistics | 30 marks |
| 3 | Data Interpretation | 15 marks |
| 4 | English | 15 marks |
| 5 | Logical Reasoning | 10 marks |
Why Taj
Why ACET from The Academic Junction?
| # | Feature | Details |
|---|---|---|
| 1 | Experienced corporate faculty members | With 13–14 actuarial exams cleared, helping students understand the practical application of concepts covered in the syllabus. |
| 2 | Classes available in all three modes | Classroom, Live Online, and Recorded Video Lectures. |
| 3 | Multiple small-sized batches | To ensure personal attention, interaction, and individual development. |
| 4 | Regular assessments and performance feedback | To identify and improve weak areas. |
| 5 | Dedicated doubt-solving sessions | To strengthen technical skills and conceptual understanding. |
| 6 | Complimentary video lectures for all topics | Allowing students to revise at their own pace anytime. |
| 7 | Regular interaction with companies and start-ups | To assist students with resume sharing and interview preparation. |
About Faculties
About Faculty
| Faculty | Mr. Puneet Goyal |
|---|---|
| About | Puneet Goyal comes with a strong vision of providing students with a wealth of knowledge through his management expertise and innovative teaching style. |
| Teaching Approach | He believes not just in books, but in practical understanding and conceptual clarity. His teaching methodology encourages students to focus on learning and understanding concepts rather than rote memorization. |
| To know more about our faculty, visit the LinkedIn profile: LinkedIn Profile | |
| Faculty | Mrs. Silky Goyal |
|---|---|
| About | Silky Goyal comes directly from the corporate industry to pursue her passion for teaching and mentoring students. |
| Vision | Her vision of becoming an actuary laid the foundation of The Academic Junction. |
| Teaching Approach | With extensive corporate exposure and practical on-the-job experience, she effectively combines real-life applications with theoretical concepts, making technical subjects more practical, engaging, and easier to understand. |
| To know more about our faculty, visit the LinkedIn profile: LinkedIn Profile | |
Demo Lectures
Non ACET (Direct Entry)
Eligibility for Student Membership
| # | Category |
|---|---|
| The following categories are eligible for student membership upon application and submission of the required documents: | |
| 1 | Fully qualified members of:
|
| 2 | MBA in Finance (Minimum 60% marks or equivalent grade) |
| 3 | IIM Graduates |
| 4 | B.Sc./M.Sc. in Actuarial Science from recognized institutes or colleges |
| 5 | B.E. Graduates (Minimum 60% marks or equivalent grade) |
| 6 | IIT Graduates |
| 7 | Fellow Members of the Insurance Institute of India |
| 8 | Candidates who have passed two papers from any of the following actuarial bodies:
|
| 9 | Qualified 1st Year B.Sc./M.Sc. Actuarial Science students from Amity University |
| 10 | Graduates with a Post Graduate Diploma in Actuarial Science (PGDAS) |
| 11 | Graduates with a Post Graduate Diploma in Actuarial Statistics |
| 12 | B.Com in Actuarial Management affiliated with Bharathiar University |
| 13 | Bachelor of Statistics (Honours) [B.Stat (Hons)] from Indian Statistical Institute |
| 14 | Bachelor of Mathematics (Honours) [B.Math (Hons)] from Indian Statistical Institute |
| 15 | Master of Statistics [M.Stat] from Indian Statistical Institute |
| 16 | Master of Mathematics [M.Math] from Indian Statistical Institute |
| 17 | Master of Science in Quantitative Economics [MS (QE)] from Indian Statistical Institute |
| 18 | Master of Science in Quality Management Science [MS (QMS)] from Indian Statistical Institute |
Our Content
Our Content
| Detail | Information |
|---|---|
| ACET Detailed Content | For detailed content of ACET, please click on the attached file – ACET Detailed Content File |
