ACET Result has been declared on the official website http://www.actuariesindia.org/subMenu.aspx?id=4&val=ACET today. Candidates can log into the official website with their user id and password.
Students that qualify with minimum marks of 50% become eligible for further admission process. Candidates who successfully qualify for ACET can get admission in various UG Management/Diploma Programs offered by IAI.
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The result will be valid for 3 years from the announcement. It will be declared in the form of a PDF showing the list of all candidates that pass the ACET in January 2021. The ACET January 2021 Result will also mention the details of the topper of the examination along with the pass percentage of ACET January 2021.
The ACET (Actuarial Common Entrance Test) was conducted on 9th January in Home-Based Online Mode due to the ongoing pandemic. The students appeared for the exam from the safety and comfort of their homes using their computers/laptops.
ACET is a university-level exam that is organized for providing admission in Actuaries programs in Indian institutions. It is organized every year by the Institutes of Actuaries of India (IAI). To appear for ACET, students must have passed 10+2 or equivalent examinations with English as one of the subjects. However, there are no age limits.
ACET 2021 Merit List has been released by the authority on the website along with the announcement of results. Candidates are shortlisted in the merit list as per their performance shown in the entrance exam.
The merit list has been published by the authority. It contains the roll number/application number of the candidates as per the order of their rank scored. So students are advised to keep their admit cards safe till the release of the merit list.
ACET 2021 Counselling
Based on the performance shown in the written test, candidates will be shortlisted for the counseling process. The seat allotment of the candidates will be done based on the merit ranking of the candidates. Merit ranking will be done by calculating the average of the entrance test score and personal interview score. Another admission cycle will be announced in case the seats remain vacant.
ACET 2021 in Brief
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 |
|
Helpline |
022-62433333/3336 |
ACET Exam Pattern 2021
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. It consists of 70 multiple-choice questions for a total of 100 marks. It has two different sections for Statistics, Mathematics & Data Interpretation, and English & Logical Reasoning.
Exam Mode |
Online |
||
Type of Questions |
70 MCQ |
||
Duration of exam |
3 hours |
||
Sections |
Section I – Statistics, Mathematics & Data Interpretation Section II – English & Logical Reasoning |
||
Marking Scheme |
No of questions |
Marking(correct answer) |
Negative marking(wrong answer) |
45 |
1 |
0.5 |
|
20 |
2 |
1 |
|
5 |
3 |
1.5 |
Minimum Passing Marks Required:
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 January 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.
Ojasvi Gupta has worked for the Indian Express and Enactus DSC as a writer. Currently pursuing BCom Hons from Delhi University, she loves to spend her free time listening to music, reading, or playing with her dog. With her strong inclination towards writing, she serves as an author for Educere India.