Actuarial Common Entrance Test

Name: The Academic Junction
Address: 37-38, Outram Ln, Kingsway Camp, GTB Nagar,, New Delhi, Delhi,, 110009, IN
Telephone: 09910427442

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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ACET

Price range: ₹4,000.00 through ₹7,500.00

Course: ACET
Faculties: Mr. Puneet Goyal and Mrs. Silky Goyal

For Non-Maths Students, our PARP is recommendable to build Class 11th & 12th Maths & Stats Basics.

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SKU: N/A Category: Actuaries

About Course

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

ACET is a 3-hour online examination carrying 100 marks. The exam consists of 70 multiple-choice questions, each having one correct answer.
Distribution of Questions:
- 45 questions × 1 mark each
- 20 questions × 2 marks each
- 5 questions × 3 marks each
Allocation of Marks:
- Mathematics – 30 marks
- Statistics – 30 marks
- Data Interpretation – 15 marks
- English – 15 marks
- Logical Reasoning – 10 marks
ACET is conducted on a single day in one slot only.
There is no negative marking for incorrect answers.

Why Taj

Why ACET from The Academic Junction?

Experienced corporate faculty members with 13–14 actuarial exams cleared, helping students understand the practical application of concepts covered in the syllabus.
Classes available in all three modes – Classroom, Live Online, and Recorded Video Lectures.
Multiple small-sized batches to ensure personal attention, interaction, and individual development.
Regular assessments and performance feedback to identify and improve weak areas.
Dedicated doubt-solving sessions to strengthen technical skills and conceptual understanding.
Complimentary video lectures for all topics, allowing students to revise at their own pace anytime.
Regular interaction with companies and start-ups to assist students with resume sharing and interview preparation.

About Faculties

Mr. Puneet Goyal

Puneet Goyal comes with a strong vision of providing students with a wealth of knowledge through his management expertise and innovative teaching style.
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:

Mrs. Silky Goyal

Silky Goyal comes directly from the corporate industry to pursue her passion for teaching and mentoring students.
Her vision of becoming an actuary laid the foundation of The Academic Junction.
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:

Demo Lectures

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Non ACET (Direct Entry)

The following categories are eligible for student membership upon application and submission of the required documents:

Fully qualified members of:
- Institute of Chartered Accountants of India (ICAI)
- Institute of Cost Accountants of India (ICMAI)
- Institute of Company Secretaries of India (ICSI)
MBA in Finance (Minimum 60% marks or equivalent grade)
IIM Graduates
B.Sc./M.Sc. in Actuarial Science from recognized institutes or colleges
B.E. Graduates (Minimum 60% marks or equivalent grade)
IIT Graduates
Fellow Members of the Insurance Institute of India
Candidates who have passed two papers from any of the following actuarial bodies:
- Institute and Faculty of Actuaries (IFoA), UK
- Society of Actuaries (SOA), USA
- Casualty Actuarial Society (CAS), USA
- The Actuarial Society of South Africa (ASSA)
- Institute of Actuaries of Australia (IAAust)
Qualified 1st Year B.Sc./M.Sc. Actuarial Science students from Amity University
Graduates with a Post Graduate Diploma in Actuarial Science (PGDAS)
Graduates with a Post Graduate Diploma in Actuarial Statistics
B.Com in Actuarial Management affiliated with Bharathiar University
Bachelor of Statistics (Honours) [B.Stat (Hons)] from Indian Statistical Institute
Bachelor of Mathematics (Honours) [B.Math (Hons)] from Indian Statistical Institute
Master of Statistics [M.Stat] from Indian Statistical Institute
Master of Mathematics [M.Math] from Indian Statistical Institute
Master of Science in Quantitative Economics [MS (QE)] from Indian Statistical Institute
Master of Science in Quality Management Science [MS (QMS)] from Indian Statistical Institute