ACET 2021 – Institute of Actuaries of India has started the registration for ACET 2021. The registrations will close on 02 June, 2021. The direct link to apply is given below on this page. Actuarial Common Entrance Test (ACET) will be conducted as a home-based online examination on 26 June 2021. The candidates who have passed 10+1 examination can apply for ACET 2021. ACET examination is conducted only in India. The candidates who qualify the entrance test are admitted as student members of IAI. Check more information about ACET 2021 from this page such as exam pattern, eligibility criteria, application process etc.
Important Announcement: Institute of Actuaries of India has modified the eligibility criteria for ACET June 2021 Examination. This change is made due to prevailing pandemic of COVID19, the 10 + 2 examinations has been delayed and missed the normal schedule. Now, candidates who passed 10+1 standard examination or equivalent examination shall be eligible to register and appear for the ACET Examination. Check out the complete notice below. – Download PDF Here
After qualifying ACET, the candidates have to register themselves for the membership which is compulsory for the students qualifying the exam. Check more information on ACET 2021 June Session given in the table given below.
|ACET 2021||Dates (June)||Dates (March)|
|Application form||24 Apr 2021 (From 3.00 PM)||20 Jan 2021|
|Last date to fill the Registration Form||02 June 2021 (Till 3.00 PM)|
04 Mar 2021, 3:00 pm
|ACET 2021 Admit card release date||11 Jun 2021||13 Mar 2021|
|Mock Test||to be announced||18 Mar 2021|
|All exam related details to be out by (at candidate’s login)||22 Jun 2021||–|
|ACET 2021 Exam Date||26 Jun 2021 (10.00 AM – 1.00 PM)||27 Mar 2021|
|Declaration of ACET 2021 Result||03 Jul 2021||03 Apr 2021|
|Last date to take student membership admission||to be announced||To be announced!|
ACET 2021 Application Form
IAI has released the ACET 2021 Application Form online on the official website. Candidates can apply for the form after checking the eligibility criteria given on this page. After filling the online registration form, the candidates will receive a confirmation mail at their registered email id. It is mandatory to upload the passport size photograph as per the specifications.
How to Apply for ACET 2021?
Candidates can apply for ACET 2021 by following the steps given below.
- Visit the official website i.e. actuariesindia.org
- A window will open where the candidates can click to register themselves for ACET 2021. Enter the name, email id, gender, date of birth etc to register.
- Then, activate your account and login to fill the application form.
- Next, enter the personal details, address details, contact details etc.
- Lastly, upload the photograph and pay the application fee.
Application Fee for ACET 2021
The application fee for ACET 2021 is expected to be of Rs. 3000. Candidates must pay the application fee through Credit Card/Debit Card or by net banking.
ACET 2021 Eligibility Criteria – Changed
Before applying for ACET 2021, candidates must check out the ACET 2021 Eligibility Criteria below:
- Age Limit: There is no Age limit to apply for ACET 2021.
- Qualifications: Candidates must have passed the 10+1 or its equivalent examination are eligible to apply for exam.
Note: ACET result is valid for 3 years from the date of declaration of the exam result for taking student membership of the Institute.
Technical Requirements for ACET 2021
To appear for ACET 2021 June online home based examination, all applicants must have the following technical requirements.
|Device||Personal laptop or desktop with camera and built in microphone|
|Web camera||Webcam must have minimum resolution of 640 x 480 @15 fps|
|Internet Bandwidth||2MBPS or more – dedicated and continuous connectivity / wired or wireless networks|
|RAM||2 GB or above|
|Processor||2 Cores, 4 threads, Above 2.2 GHz|
|Graphics||Minimum 64 MB of graphics memory|
|Screen Resolution||1024 x 768 and above|
|Multimedia Support||Sound Card|
|Operating System||Windows 10 (Pro, Enterprise, and Education Editions) OR|
Windows 8 / 8.1 (32 bit and 64 bit) (all editions) OR
Windows 7 (32 bit and 64 bit) (all editions)
Note: Up to date service pack, device drivers, security patches in test taking system
|Web browser||Latest Edge: microsoft.com/en-us/edge|
Latest browser: google.com/intl/en_in/chrome
|Others||Net Framework: dotnet.microsoft.com/download/dotnet-framework/net452|
ACET 2021 Best Books to Prepare
For preparation of ACET 2021, candidates can refer the books given below:
|Books||Click Here to Buy|
|TOMATO (Test of Mathematics at Ten plus Two level)||Click Here to Buy|
|How to Prepare for Verbal Ability and Reading Comprehension for CAT||Click Here to Buy|
|How to Prepare for Quantitative Aptitude for the CAT||Click Here to Buy|
|Quantitative Aptitude for Competitive Examinations||Click Here to Buy|
|The Pearson and Guide to Verbal Ability and ||
Logical Reasoning for the CAT
|Click Here to Buy|
|Quantitative Aptitude for MBA Entrance Examinations||Click Here to Buy|
|High School English Grammar|
|Click Here to Buy|
|Word Power Made Easy||Click Here to Buy|
|Problem Solving Strategies||Click Here to Buy|
|Challenge and Thrill of Pre – College Mathematics||Click Here to Buy|
|Challenging Mathematical Problems|
with Elementary Solutions
|Click Here to Buy|
|An Excursion in Mathematics||Click Here to Buy|
|Problem Primer for the Olympiad||Click Here to Buy|
|Data Interpretation and Logical Reasoning||Click Here to Buy|
ACET 2021 Syllabus
Candidates can check out the ACET 2021 Syllabus below: (the syllabus is based on the last year details)
- Notation and Standard Functions
- Numerical Methods
- Permutations and Combinations
- Measures of Location
- Measures of Spread
- Advanced probabilities
- Discrete random variables
- Continuous random variables
- Discrete distributions
- Continuous distributions
- Vocabulary Based (Synonyms Antonyms)
- English Usage or Grammar
- Sentence Correction
- Fill in the blanks
- Close Passage
- Analogies or Reverse Analogies
- Jumbled Paragraph
- Meaning – Usage Match
- Summary Questions
- Verbal Reasoning
- Facts/ Inferences/ Judgement
- Reading Comprehension
- Bar Graphs
- Line Charts
- Pie Charts
- Venn Diagrams
- Number and Letter Series
- Venn Diagrams
- Binary Logic
- Seating Arrangement
- Logical Sequence
- Logical Matching
- Logical Connectives
- Blood Relations
ACET 2021 Exam Pattern
Candidates can check out the ACET 2021 exam pattern given below. (as per last year)
- Duration of the Exam: The duration of the exam is 3 hours
- Mode of the Exam: The exam is a computer based test
- Language of the Question Paper: English
- Type of Questions: There are Multiple Choice Questions
- Total Number of Questions: There are 70 questions in the test
- Total Number of Marks: 100 Marks
- Marking Scheme- 45 questions are of 01 marks, 20 questions are of 2 marks and 05 questions are of 3 marks. There will not be any negative marking for incorrect answers
Candidates can check the section wise distribution for marks in ACET 2021 below.
|ACET 2021 Sections||Marks|
|Section I (Mathematics, Statistics and Data Interpretation)||75|
|Section II (English and Logical Reasoning)||25|
ACET 2021 Admit Card
Admit card for Actuarial Common Entrance Test will release in the online mode at actuariesindia.org. The registered candidates can download ACET 2021 admit card by entering the login details like registered email id and password.
Take a printout of the admit card for the examination and also keep a valid id proof (aadhar card / driving license / passport / Voter id / Pan card).
Some Do’s and Dont’s For ACET 2021
Check the important instructions given below.
- Keep yourself cool and calm
- Keep your exam desk neat and clean
- Keep your mail id logged-in before the exam
- Keep your hall ticket and id proof handy
- You can 2 rough paper (blank) and a pen for rough work
- Use restroom before login
- Keep a transparent water bottle
- Do not panic during the exam.
- Do not use sticky notes, note pads etc
- Do not move away from the system during the live exam
- Do not use electronic gadget like cell phones, smart phones, fitness band etc
- Do not access any other browser or social accounts during the exam
- Do not connect to any external ports during the exam
ACET 2021 Result
The Institute has released the ACET 2021 result online on actuariesindia.org. To qualify for the exam candidates need 50% marks overall. There is no sectional cutoff to qualify the exam. After the result is out the qualified candidates have to complete the admission process to take student membership admission. The membership is needed if the candidates want to appear for the IAI examinations and complete the course.
Institute of Actuaries of India
Institute of Actuaries of India (IAI) is a statutory body which was established in 2006 under the Actuaries Act 2006. The aim of IAI are:
- To encourage, uphold and develop the standards of professional education, training, knowledge, practice and conduct among the Actuaries;
- To promote the status of the Actuarial profession;
- Regulation of the practice by the Members of the profession of Actuary;
- Promotion of the knowledge and research in all the matters relevant to Actuarial Science and its application.
What does an Actuary means?
You can refer to the following pdf files to know about the roles, meaning and job profile of an Actuary:
- Introduction to the Actuarial Profession
- Role of An Actuary
- A Day in Life of an Actuary
Official Website: actuariesindia.org
FAQs on ACET 2021
Ans. You can register for ACET 2021 at actuariesindia.org.
Ans. The candidates who have appeared or passed 10+1 examination can appear for ACET 2021.
Ans. ACET 2021 will be held as a home based online examination.
Ans. ACET June 2021 will be held on 26 June 2021.
Ans. In such a case, you will not be allowed to give the examination.
Ans. Yes, you can use the scientific calculator during the exam. However, you can use these models only, Casio FX82 (ES/MS) (with or without any suffix), Casio FX83 (ES/MS) (with or without any suffix), Casio FX85 (ES/MS) (with or without any suffix), Sharp EL531 (with or without any prefix or suffix), Texas Instruments BA II Plus (with or without any suffix), Texas Instruments TI-30 (with or without any suffix), Hewlett Packard HP12c (with or without any suffix).
Ans. You can use 2 blank pages for rough work.
Ans. You will receive login details for ACET 2021 on 22 June 2021.
Ans. Yes, there will be an invigilator to monitor the exam. He/ she will monitor each activity during the exam.
Ans. ACET will be conducted in a single day with a single slot.
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