ACET: pattern, syllabus and eligibility
The entrance test to become a student member of the Institute of Actuaries of India.
The Actuarial Common Entrance Test (ACET) is the gateway to the actuarial profession in India. Passing it lets a candidate register as a student member of the Institute of Actuaries of India (IAI) and start the actuarial exams. It tests mathematics, statistics, data interpretation, English and logical reasoning.
ACET mock tests & question bank
Coming soon
We're building ACET practice on PrepClever. Until it launches, this page has the pattern, syllabus and eligibility.
Eligibility Criteria
schoolEducation
Candidates who have passed class 12, or are appearing in it, can take ACET. Graduates and postgraduates can also take it.
cakeAge Limit
No age limit.
flagNationality
Open to Indian and overseas candidates.
Exam Pattern
ACET is a computer-based exam of 70 multiple-choice questions for 100 marks in 3 hours, covering mathematics, statistics, data interpretation, English and logical reasoning. The pass mark is 50 out of 100. Passing ACET is valid for student-member registration with IAI for the period IAI sets.
ACET
Computer-based MCQ180 min| Section | Questions | Marks |
|---|---|---|
| Mathematics, Statistics, Data Interpretation, English, Logical Reasoning | 70 | 100 |
Key Topics & Syllabus
Mathematics
- check_circleAlgebra and sequences
- check_circleCalculus
- check_circleProbability
Statistics
- check_circleDescriptive statistics
- check_circleProbability distributions
- check_circleCorrelation and regression
Data Interpretation, English and Reasoning
- check_circleTables and charts
- check_circleReading comprehension
- check_circleLogical reasoning
Career Roles & Salary
Actuarial Analyst
₹6-12 LPA early career
Pricing, reserving and modelling for life and general insurers and consultancies, while taking actuarial exams.
How to Prepare
Register for ACET
Apply on actuariesindia.org for an upcoming session.
Prepare maths and statistics
They carry most of the marks.
Pass with 50 marks
Then register as a student member of IAI.
Start the actuarial exams
Begin with the core principles papers.
Important Dates (Tentative)
| Event | Expected Date |
|---|---|
| ACET sessions | Several sessions a year (see actuariesindia.org) |
* Dates are indicative based on historical patterns. Check the official website for confirmed dates.
Prepare for ACET the smarter way
ACET practice is coming soon. Use the pattern and syllabus on this page to plan your study.
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ACET guides
- SyllabusThe ACET syllabus by area, with the topics each one covers.
- Exam PatternThe ACET exam pattern: format, marks, duration and pass rules.
- EligibilityWho can take ACET: education, age and other conditions.
- Registration & DatesHow to register for ACET and where the dates are published.
- Study MaterialWhat to study for ACET, and where to find official material.
- Formula SheetKey ACET formulas in algebra, calculus, probability and statistics.
- What Is an ActuaryAn actuary uses maths and statistics to measure financial risk, mainly in insurance and pensions.
- IAI Exam RouteACET is the entry test to the Institute of Actuaries of India, and passing it lets you join as a student member and start the actuarial exams.
ACET FAQ
Can I take ACET in class 12?
Yes. Candidates appearing in class 12 can take ACET.
What is the ACET pass mark?
50 out of 100.
Does PrepClever have ACET mock tests?
Not yet. ACET practice is coming soon. Until then, this page covers the pattern, syllabus and eligibility.
Ready to crack ACET?
ACET practice is coming soon. Until then, this page covers the pattern, syllabus and eligibility.