ACET
Actuarial Common Entrance Test

About

ACET January 2021:  The Actuarial Common Entrance Test June 2021 or ACET June 2021 is being conducted for giving admission in the student membership of the Institute of Actuaries of India. The ACET 2021 for January is being conducted on 26th June 2021 online via a home-based online test.

Once a student is enrolled as a Student Member after clearing ACET the candidate can start the studies for the various subjects of the Actuarial Sciences and clear the required number of examinations to be enrolled as a fellow member of the Institute of Actuaries of India and become an Actuary.

*Please Note: This is not an Entrance Examination for joining any college, as the Institute of Actuaries of India does not provide a full-time residential course for becoming an Actuary. In Fact, a candidate can complete a regular graduation and post-graduation course along with studying Actuarial Sciences.

ACET is conducted Twice a year and the result of the ACET is valid for 3 years for enrolling as a student member at The Institute of Actuaries of India.

To appear for ACET June 2021 online home based Examination, all applicants shall require to fulfill the below mandatory technical requirements:

 

 

 

 

 

                 Hardware

Device

Personal Laptop or Desktop with web camera and microphone

Web Camera

Supporting minimum 320x240. Recording of color video at 15fps

Internet Bandwidth

Minimum speed of 512 Kbps, preferred 1 Mbps

RAM

Minimum 512 Mb, preferred 1-2 GB

Processor

1GHz/faster x86- compatible processor/Intel Atom 1.6GhZ/faster processor

Graphics

Minimum of 64 MB of graphics memory

Screen Resolution

1024 x 768 and above

Multimedia Support

Sound Card

Software

Operating System

Min. Windows 7/8/10, Preferred latest Windows OS

Web Browser

The latest version of Mozilla Firefox/Chrome/Edge

Others

.NET Framework –v.4.5.2

 

All applicants are requested to meet all mandatory technical requirements before registering for ACET June 2021 Online Examination. No requests for Cancellation and Refund will be entertained post-registration.

ACET Full Form

Actuarial Common Entrance Test

Conducting Body

Institute of Actuaries of India

Exam Level

National

Mode of Application

Online

Mode of Exam

Online

Exam Duration

3 hours

Exam Frequency

Twice a year

Score Validity

3 years

Number of Questions

70

Questions Type

Multiple Choice Questions

Application Fee

₹3000

Total Seats Offered

NA

Accepting Colleges

NA

Official Website

www.actuariesindia.org

Helpline

 022-62433333/3336

 

ACET Key Points:

 

ACET Application Form 2021:  The ACET Application Form 2021 for ACET June 2021 is available for Online Registration on www.actuariesindia.org.

The ACET 2021 Online registration has started on 24th April 2021 and will end on 2nd June 2021 up to 3 pm.

 

The ACET Application Form 2021 (For June) details are as follows:

 

Particulars

Details

Application Mode

Online

Application Fee

₹3000

Application Start Date

24th April, 2021

Application End Date

2nd June, 2021 up to 3 pm.

Official Website

www.actuariesindia.org

 

The procedure for the Online Registration of ACET June 2021 is as follows:

 

1) Go to IAI website and signup at http://www.actuariesindia.org/subMenu.aspx?id=4&val=ACET 

2) It is mandatory to upload your passport size photograph as per the mentioned specification. You will receive a confirmation email, in case your uploaded photograph is up to the mark, else you will be receiving a rejection email asking you to re-upload.

Do's

Don’ts

Upload your recent standard passport size photograph (4.5 cm length x 3.5 cm width) in color

Do not upload black and white photographs

The background of the photograph should be plain white and the dress should be in a dark color

Photograph with a dark background or in uniform, or with eyes hidden under colored or dark glasses will not be accepted

The photograph should fit within the given box

The photograph is NOT to be signed

Frontal view of the full face should be visible in the photograph

Distracting shadows on the face or on the background should not be there

Print of the photograph should be clear and with a continuous-tone quality

Eyes must not be covered by hair.

Expression of the face should be natural (no grinning, frowning or raised eyebrows)

Glares on eyeglasses should be avoided with a slight upward or downward tilt of the head

Eyes must be open and both edges of face must be clearly visible

Photograph should not be damaged, for example: torn, creased, or marked

Minimum photo resolution should be of 150px*150px. Maximum photo size should not be more than 1MB to be saved only in (.png, .jpg,.bmp, .jpeg, .gif, .raw) format

Head coverings are not permitted except for religious reasons, but the facial features from bottom of chin to top of forehead and both edges of the face must be clearly visible

Head should be in the centre of the frame and both ears should be visible

Photographs cut from group photographs are not acceptable

 

 

3) Select State, City and enter pin code at the time of registration from where you will appear for the examination.

4) Use registered email id and Contact number throughout the examination process.

5) On filling up the Online Registration Form, 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 by Debit or Credit Card or Internet Banking.

Note: In case you do not receive the confirmation email, kindly get in touch with us at [email protected]  or call at 022-62433336.

6) After successful registration, you will be able to download the Welcome Kit of one Sample Question Paper, Indicative Solution from your login download tab using the same id and password you had used for online ACET registration.

7) You will also receive an e-mail at your registered e-mail address confirming your registration and successful payment. (Inform the authorities immediately, at [email protected]  or call at 022-62433336 in case, you do not receive it).

8) All correspondence will be and has to be done through your registered email id.

9) Hall Ticket will be available under your ACET Login on 11th June 2021 for download at the below mentioned Link http://www.actuariesindia.org/ACET%20module/Acet_login.aspx  

10) All examination-related details will be updated under your ACET Login on 22nd June 2021.

11) Ensure to print your Hall Ticket and keep Government-issued photo Id proof (Aadhaar Card, Driving License, Passport, Voter ID card or PAN card), in original (Hard Copy) with you during the Examination, if you fail to do so you will not be allowed to appear the examination.

 

Before completing the online Registration of ACET June 2021 Application Form. A candidate must also see the ACET Eligibility Criteria 2021 and other important details.

Eligibility

ACET Eligibility Criteria 2021: The ACET Eligibility Criteria 2021 is necessary for students to read before doing registration for the examination.

The Eligibility Criteria is important for any examination because even if a candidate does not fulfill a single criterion of the eligibility criteria declared for the examination then the candidate is not allowed to appear for the examination or even after appearing for the examination and clearing the same the admission through the examination stands canceled or void.

The ACET Eligibility Criteria 2021 in detail are as follows: 

Age Limit:  There is no Age Limit to appear for ACET.

Qualification:

  • Candidate must have passed class 10+2 or its equivalent from any recognized Board/University with English as one of the core subjects.
  • Candidate who is appearing in class 12th or its equivalent are also eligible to apply.

Pattern

ACET Exam Pattern 2021: The ACET Exam Pattern 2021 is important to read for every student who wishes to appear for it.

The ACET Exam Pattern 2021 gives a clear idea to the student about the type of questions, exam duration exam language and various other important details about the examination.

The ACET Exam Pattern 2021 also helps in the planning of preparation for the examination and successfully clearing the same.

The ACET Exam Pattern 2021 details are as follows:

ACET in Brief:

Particulars

Details

Mode of Examination

Computer Based Test (CBT)

Exam Duration

3 hours

Subjects

  • Mathematics
  • Statistics
  • Data Interpretation
  • English
  • Logical Reasoning

Total Marks

100 marks

Total Questions

70 MCQ’s

Distribution of Questions

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

Negative Marking

No Negative Marking

Type of Questions

MCQ’s

Medium of Paper

English

 

ACET Exam Pattern 2021: Topics Wise Marks Distribution

Topics

Marks

Mathematics

30 marks

Statistics

30 marks

Data Interpretation

15 marks

English

15 marks

Logical Reasoning

10 marks

Total

100 marks

 

Minimum Passing Marks Required:

  • Candidate should score at least 50% marks in ACET to pass the examination.

Participating Colleges

ACET January 2021 Hall Ticket:  The ACET January 2021 Hall Ticket will be available on 11th June 2021 under the candidate’s ACET login on the following link:

http://www.actuariesindia.org/ACET%20module/Acet_login.aspx

 

Students should ensure to print their Hall Ticket and keep Government issued photo Id proof (Aadhaar card, Driving License, Passport, Voter ID card or PAN card), in original (Hard Copy) with them during the Examination, if they fail to do so they will not be allowed to appear the examination.

 

ACET January 2021 Result:  The ACET January 2021 result will be declared on 3rd July, 2021 on the official website of Institute of Actuaries of India:

www.actuariesindia.org . The Result will be declared in the form of PDF showing the list of all candidates that pass the ACET June 2021.

The Result will also show the number of candidates who appeared for the examination along with the list of candidates that passed the ACET June 2021.

The ACET January 2021 Result will also mention the details of the topper of the examination along with the pass percentage of ACET June 2021.

Admission Counselling

ACET Enrolment for Student Membership after ACET January 2021:

Please Note that the ACET Result is valid for 3 years from the date of declaration of ACET Result for taking Student membership of IAI or Institute of Actuaries of India.

The successful candidates in ACET June 2021 examination who have been declared pass in the result can become a student member of IAI till 3 years after the declaration of the result. If anyhow they do not register for the student membership during this period then they will have to reappear for the examination after 3 years.

Important Note: Any person who enrolls himself for the examination of the Institute, and possesses such qualifications as is specified, is admitted as a student member of the Institute on such terms and conditions as is specified. A student member shall not have any rights to vote on any matter or resolution in any meeting of the Institute.

Exam Papers

  • # ACET January 2021 Question Paper with Solutions file
  • # ACET May 2016 Question Paper with Solutions file
  • # ACET October 2016 Question Paper with Solutions file
  • # ACET April 2017 Question Paper with Solutions file
  • # ACET June 2017 Question Paper with Solutions file
  • # ACET January 2018 Question Paper with Solutions file
  • # ACET June 2018 Question Paper with Solutions file
  • # ACET December 2018 Question Paper with Solutions file
  • # ACET June 2019 Question Paper with Solutions file
  • # ACET September 2019 Question Paper with Solutions file

Upcoming Events

Month Event Name
October 2021

ACET DECEMBER 2021 Registration Application Form - 27 August to 26 October, 2021

December 2021

ACET DECEMBER 2021 Exam - 11 December

ACET December 2021 Result Result - 18 December