The Institute of Actuaries of India will conduct ACET 2018 for December session. ACET 2018 December Admit card has been released by the IAI. The online registration for ACET (Actuarial Common Entrance Test) 2018 is over. The entrance exam is scheduled to be held on December 15, 2018. The exam is held two times a year. Those who could not appear or qualify in ACET exam can appear by registering for the exam again. Those who have successfully registered for the ACET December 2018 exam has issued the admit card on December 01, 2018. It is available for download at actuariesindia.org. It is a computer-based test which will consist of MCQ type questions which a candidate need to complete in the given duration. Check complete details on ACET 2018 exam from this page.

Latest: Admit card for ACET December 2018 exam has been released. Click here to download the same. 

ACET 2018

The Institute of Actuaries of India had started conducting ACET exam from January 2012. From the year 2012, the entrance exam has undergone many changes.

ACET 2018 Dates: The candidates who will be appearing for the ACET 16 December exam can check the complete schedule from the table below.

ACET 2018 Date for December Date for June
Beginning of registration 16 Aug 2018 at 3:00 PM 20 Feb 2018 at 3:00 PM
Last date to apply / register for ACET 2018 31 Oct 2018 10 Nov 2018 16 Nov 2018 28 Apr 2018
15 May 2018 at 3:00 PM
Download ACET Hall Ticket 01 Dec 2018 08 Jun 2018
Date of exam 15 Dec 2018 (10:00 AM to 1:00 PM) 23 Jun 2018 (10:00 AM to 1:00 PM)
Declaration of ACET Results 04 Jan 2019 12 Jul 2018
Last date for student membership admission (if wants to appear for 2019 examination) 24 Jan 2019
Last date for student membership admission (if wants to appear for Sep 2018 exam)            31 Jul 2018

Only if the ACET registration is successful you will get a confirmation call, you will receive a confirmation mail at your registered email id giving you the link to proceed further by giving other details, uploading your photograph and making payment of registration fees

ACET 2018 Admit Card

Those who have successfully submitted the ACET 2018 Application Form before the last date by paying the application fee can download the ACET 2018 Admit Card. It is available for download by online mode only. To download the ACET 2018 Hall Ticket, the candidate has to log in by entering details such as Email ID and Password. It is mandatory for the candidates to carry the print out of the ACET Admit card on the day of the examination.

The admit card will consist of Personal Details of the candidate as well as basic information about the exam such as date, timings, exam center, etc. You must preserve the admit card for ACET 2018 as it shall be required in the further admission process.

Changes in ACET 2018 Exam Pattern

The ACET entrance exam was first conducted from January 2012. However, over the years, there is a change in the structure of ACET examination from May 2016 exam diet. The candidates can check the changes which have been implied on the exam pattern for ACET exam from below.

ACET exam details Was this changed? ACET Past Year’s Exam Pattern (Past) ACET Present year exam pattern (Presently followed)
Duration of the exam 02 hours 03 hours
Number of Questions 55 70
Number of Marks X 100 100
Type of questions X MCQ MCQ
Exam Center 51 24
Distribution of question
  • 25 questions – 1 mark each
  • 25 questions – 2 marks each
  • 05 questions – 5 marks each
  • 45 questions – 1 mark each
  • 20 questions – 2 marks each
  • 05 questions – 3 marks each
Sections No sections. Test divided into two sections – Section I and Section II
Topics to study for ACET exam Mathematics and Statistics
  • Section-I Mathematics, Statistics and Data Interpretation
  • Section-II English and Logical Reasoning having 45% of weightage
Sessions Two consequent days with four exam slots on each day Single day with one slot

ACET 2018 Exam Pattern

All questions in ACET question paper will be MCQ type. Each question will have one correct answer. CET is a 03 hour, 100 marks online exam which has 70 multiple choice questions with one correct answer for each question. The test will be divided into two section –

Section-I – Mathematics, Statistics, and Data Interpretation will contain 55% of weightage.

Section-II – English and Logical Reasoning will contain 45% of weightage.

The Distribution of questions is among sections:

  • 45 questions – 1 mark each
  • 20 questions – 2 marks each
  • 05 questions – 3 marks each

Marking Scheme for ACET 2018 Exam

Those who will be appearing tor the ACET exam must be well-familiarised with the exam pattern and its marking scheme. To avoid any surprises during the exam you should know whether there is a negative marking or not.

As per the information provided on the Institute’s official website, yes, there would be negative marking for incorrect answers. For an incorrect answer, half of the weight age of marks will be deducted. For example – 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.

ACET 2018 Syllabus

The Institute has provided the syllabus for ACET 2018 exam. The candidates who will be appearing for ACET 2018 must prepare for it as per the syllabus provided by the Institute at its official website. You must and must study as per it only. Do not waste your time by covering any other additional topic as the questions in the entrance exam will be prepared as per the syllabus which is given below.

ACET 2018 Syllabus – Mathematics

The topics to study under this subject are:

  1.  Notation and standard functions
  2. Numerical Methods
  3. Algebra
  4. Differentiation
  5. Integration
  6. Vectors
  7. Matrices

ACET 2018 Syllabus – Statistics

The syllabus for the Statistics is as follows:

  1. Permutations and combinations
  2. Types of data – Statistical diagrams, bar chart, histogram, dot plot, stem-and-leaf, boxplot
  3. Mean, median, mode
  4. Measures of spread – Range, interquartile range, standard deviation, variance, Skewness
  5. Probabilities – Basic rules of probabilities
  6. Advanced probabilities – Tree diagrams, conditional probabilities
  7. Discrete random variables – Definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness
  8. Continuous random variables – Definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness
  9. Discrete Distributions – Discrete uniform, Bernoulli, binomial, Poisson
  10. Continuous distributions – Continuous uniform, exponential, the normal distribution
  11. Correlation – Scatter plots, covariance, correlation coefficient
  12. Regression

ACET 2018 Syllabus – English

The candidates need to study the following topics to prepare for this subject:

  1. Vocabulary Based (Synonyms Antonyms)
  2. English Usage or Grammar
  3. Sentence Correction
  4. Fill in the blanks
  5. Cloze Passage
  6. Analogies or Reverse Analogies
  7. Jumbled Paragraph
  8. Meaning-Usage Match
  9. Summary Questions
  10. Verbal Reasoning
  11. Facts / Inferences / Judgements
  12. Reading Comprehension

ACET 2018 Syllabus – Data Interpretation 

The data is given in form of tables, charts, and graphs. In this section, the candidates are tested on how you interpret the given data and answers the questions based on it.

  1. Tables
  2. Column Graphs
  3. Bar Graphs
  4. Line Charts
  5. Pie Chart
  6. Venn Diagrams
  7. Caselets

ACET 2018 Syllabus – Logical Reasoning

The candidates need to prepare the following topics

  1. Number and Letter Series
  2. Calendars
  3. Clocks
  4. Cubes
  5. Venn Diagrams
  6. Binary Logic
  7. Seating Arrangement
  8. Logical Sequence
  9. Logical Matching
  10. Logical Connectives
  11. Syllogism
  12. Blood Relations

Books Recommended for ACET 2018 Exam Preparation

The next important step in preparing for an entrance exam is to study from the right study material. The Institute has provided a list of books which are recommended for ACET exam preparation. Hence, the candidates can refer to those only for their preparation as they suggested by the exam conducting body itself. Check the list of books for ACET 2018 exam preparation below:

Name of the Book Name of the Author/ Publisher Buy Here
TOMATO (Test Of Mathematics at Ten plus Two level) Indian Satistical Institute Click Here to buy
How to Prepare for Verbal Ability and Reading Comprehension for CAT Arun Sharma and Meenakshi Upadhyay, Mc Graw Hill Click Here to buy
How to prepare for Quantitative Aptitude for the CAT Arun Sharma Click Here to buy
Quantitative Aptitude for Competitive Examinations Abhijit Guha Click Here to buy
The Pearson and Guide to Verbal Ability and Logical Reasoning for the CAT Nishit K. Sinha Click Here to buy
Quantitative Aptitude for MBA Entrance Examinations R.S. Aggarwal Click Here to buy
High School English Grammar and Composition Wren and Martin Click Here to buy
Word Power Made Easy Editor Norman Lewis Click Here to buy
Problem Solving Strategies Arthur Engel Click Here to buy
Challenge and Thrill of Pre-College Mathematics New Age International Publishers Click Here to buy
Challenging Mathematical Problems with Elementary Solutions A.M. Yaglom and I.M. Yaglom Click Here to buy
Problem Primer for the Olympiad C R Pranesachar, B J Venkatachala, C S Yogananda Click Here to buy
Trishna’s Data Interpretation and Logical Reasoning for the CAT and other MBA Entrance Examinations Trishna Knowledge Systems Click Here to buy

ACET 2018 Exam Cities

The Institute is going to conduct the ACET 16 December exam in 24 test cities. The candidates had to choose the test city at the time of registering for the exam. Check the list of exam centers available for ACET 2018 from below.

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

ACET Previous Year Question Papers and Solutions

The Institute also provides previous year question paper and solution of the ACET exam. It is advised to the candidates to solve previous year question papers as much as they can. This will help them to analyze their performance and what are their weak & strong areas. The candidates can download the ACET exam previous year question paper and solution from the table below.

ACET exam year Question Paper Solution
May 2016 Click Here to download Click Here to download
October 2016 Click Here to download Click Here to download
April 2017 Click Here to download Click Here to download
June 2017 Click Here to download Click Here to download
January 2018 Click Here to download Click Here to download
June 2018 Click Here to download Click Here to download

ACET 2018 Result

The result for ACET 2018 will be declared within 20 days from the date of the exam. The ACET result 2018 will be available for check online at IAI website. To qualify the test, one needs to obtain the minimum qualifying marks. The result for ACET exam will be valid for three years from the date of declaration of exam result for taking student membership of IAI.

Those who will qualify the entrance exam will then have to follow the online admission process. Furthermore, your membership acceptance would be subject to production of attested true copies of your education certificates that would be subject to independent verification as per the schedule above. Once your membership is accepted and you receive the student membership id, after which you can subscribe for the study material of your selected CT subjects online.

ACET 2018 Eligibility

Candidates are eligible for Actuarial Common Entrance Test only if he/she fulfills ACET 2018 Eligibility Conditions:

Candidate Must have appeared 10+2 examination or an equivalent examination with English as one of the subjects at 10 + 2 level.

IAI has notified that if an examinee clears the examination and subsequently applies for membership, their membership acceptance would be subject to production of attested true copies of certificates that would be subject to independent verification.

ACET 2018 Application Form

The application form for ACET 2018 December is over now. The candidates had to register for the entrance exam online only. To register online, the aspirants had to provide their basic information, upload their passport size photograph. Also, at the time of filling in details in the registration form, the candidates also had to choose a test center as per their preference. After successful registration, the candidates were able to download the Welcome Kit of one Sample Question Paper, Indicative Solution. To submit the registration, the candidate had to pay a requisite amount of the application fee. It is advised to the candidates to keep their login credentials safe with themselves as it will be required for future logins.

Application Fee

To submit the registration form, the candidate had to pay an amount of Rs. 3,000. The aspirants were able to make payment of registration fees by Debit or Credit Card or Internet Banking.

Official website: www.actuariesindia.org.

For More Details About ACET December 2018 Open Official Notice

Common Entrance Exams

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