ACET 2023 (March Session) - Exam Date, Registration (Ends on Feb 17), Eligibility, Preparation, Result | CollegeSearch
ACET

ACET 2023

Actuarial Common Entrance Test

Examination Start Date
24th Jun 2023

exam date

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ACET Highlights

Particular Details

Actuarial Common Entrance Test

Actuarial Common Entrance Test

24th Jun 2023

₹ 3,000

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Table of Content

The ACET Registration for the session of March has begun on the official website of ACET. Candidates willing to register themselves for the exam must visit the official website of IAI. The last date for ACET Registration 2023 is 17th February 2023. ACET Admit Card 2023 for March session is scheduled to be released by the examination conducting authority on 28th February 2023.

According to the ACET 2023 Exam Pattern and ACET 2023 Syllabus, there will be 5 sections namely Mathematics, Statistics, Data Interpretation, English and Logical Reasoning. ACET Exam is of 3 hours of duration and the total marks of the exam is 100 marks. The exam will be conducted in online mode and there will be total 70 questions of multiple choice questions type.

ACET Result is expected to be released on 18th March 2023 on the official website of IAI.

What is ACET? 

ACET 2023 Exam (Actuarial Common Entrance Test) is a university-level exam that is held to give students admission into Actuarial programs at Indian institutions. The ACET result is valid for three years from the date of the exam's announcement for IAI student membership.

The official website will have information about the ACET Mock Test. The mock exam will allow candidates to confirm whether their system meets the technical requirements. It will also assist the candidate in becoming acquainted with exam software and processes. To avoid last-minute stress, the candidate must appear for the mock examination.

ACET Exam 2023: Quick overview

  • ACET 2023 registration has begun on the official website.
  • The last date to fill the form is 28 February 2023.
  • The ACET 2023 exam will last three hours and will be administered online through a center.
  • The exam will be worth 100 marks and will consist of 70 multiple-choice questions.

ACET 2023 Highlights

Name of Exam

Actuarial Common Entrance Test

Commonly Known as

ACET

Exam conducting body

The Institute of Actuaries of India (IAI)

Purpose

Entrance for Actuarial sciences course

Level of exam

National

Exam frequency

Thrice a year

Mode of exam

Online CBT

Exam duration

3 hours

Upcoming sessions

June 2022 

Official Website

http://www.actuariesindia.org

Helpline Number

+91 – 22 – 62433333

ACET 2023 Important Dates

The registration process for ACET 2023 for March session has begun, and application forms have been made available by the exam's organizing body. Candidates can find ACET-related events on the calendar below:

ACET 2023 Dates (March Session)

Events

Dates 2023

Application form release

September 3, 2022

Last date to submit application form

February 17, 2023

Admit card

February 28, 2023

ACET exam

March 18, 2023

Result

March 28, 2023

ACET 2023 Dates (December Session - Tentative)

Events

Dates 2023 (Tentative)

Application form starts

1st week of July 2023

Submission of application form

Last week of October 2023

Admit card release

2nd week of December 2023

ACET exam

3rd week of December 2023

ACET 2023 Application Process

There are two stages to the application process. 

At Stage One

 The aspirant registers online and takes the ACET online. Candidates will be short-listed after taking the exam based on their performance. Following the announcement of the ACET results, one academic counsellor from the university will contact the shortlisted candidate within three working days to schedule the personal interview.

At Stage Two

Candidates will be invited to the ADYPU campus for a counseling session and a personal interview. Candidates for MBA programs must participate in a Group Discussion, while candidates for design programs must participate in a Studio Test. Students must bring their Statement of Purpose (SOP) and any certificates for extracurricular activities.

Every shortlisted candidate must attend the Second Stage in order to be admitted to their desired course. The cumulative performance of students in both rounds will be used to select students.

ACET 2023 Registration

The following are the steps for completing ACET 2023 Registration: 

  • Visit the ACET website at actuariesindia.org.
  • Click the ACET registration link on the home page.
  • Enter your name, email address, and phone number to sign up.
  • After you sign up, you will receive a confirmation email.
  • Click on the link, which will take you to a new page, and fill out the rest of the information requested, such as your education level, address, etc.
  • Upload a recent photograph in the format specified and double-check all the information.
  • Pay the registration fee, then save and submit your information. 
  • After completing ACET 2023 Registration, you will receive a Welcome Kit containing a sample question paper and an indicative solution. Following the effective ACET 2023 registration, all subsequent correspondence is sent to the registered email address.

ACET 2023 Application Fee

  • After completing their ACET 2023 application form, candidates can pay their ACET 202 application fee online with a debit card, credit card, or internet banking account. The application fee for ACET 2023 is Rs 3000, which is non-refundable. The ACET registration fee includes the cost of the sample and subsequent solutions.
  • The table below is ACET application fees for different caste and gender:

Application Fees

Category

Quota

Mode

Gender

Amount

ST, SC, General, OBC

-

Online

Transgender, Female, Male

INR 3000

ST, SC, General, OBC

PWD

Online

Transgender, Female, Male

INR 3000

ACET 2023 Admit Card

ACET 2023 admit card is available online. Only candidates who have successfully registered will be able to download the admit card after logging in to the official website. Candidates must have an ACET admit card in order to take the exam. Students will not be permitted to take the exam unless they have it. Students must check the following information on their admit card and notify the appropriate authorities immediately if any errors are found.

  • Name of the candidate
  • Photograph
  • Signature
  • Exam Date and Time
  • Exam Centre details
  • Students can download their ACET 2023 Admit Card by following the steps below:
  • Visit the IAI's official website at actuariesindia.org.
  • Log in to the ACET 2023 candidate portal.
  • Enter your login ID and password, then click Sign-in.
  • On the screen, you will see the option to Download ACET Admit Card.
  • Download your ACET Admit Card in PDF format by clicking on the link.
  • Take a printout of the admit card as well for future reference.  

Documents Required at the Exam

  • Admit card
  • Valid photo id
  • Class 12 admit card or college id duly attested (only for class 12 students)

ACET 2023 Answer Key

The ACET answer key will be posted online the day following the exam. Candidates will be able to calculate their likely exam scores using their answer key. Students will also be able to object to the answer key. The final ACET answer key will be released along with the results after all valid objections have been considered.

Key Points for ACET 2023 Answer Key

  • Students must remember the following when it comes to the ACET answer key:
  •  The ACET 2023 answer key will be made available before the exam results are announced. 
  • The answer key will assist candidates in predicting their likely score.
  • The final answer keys will be made available along with the ACET 2023 results.

ACET 2022 Result

The ACET November 2022 results will be made available by IAI on December 7, 2022. The ACET 2022 result is going to be good for three years after it's declared. The candidate must join the IAI during this three-year period in order for the ACET 2022 result to be valid. For June 2022 session, the ACET 2022 result was announced on July 2, 2022.   

How do I Downlaod ACET 2022 result?

  • Select the result link.
  • Enter your id and password in the login window that appears.
  • The ACET 2022 result will be displayed on the screen.
  • Print the result after downloading it.  
  • ACET 2022 results will be declared simply as pass or fail; no scores will be released.  

ACET 2022 Exam Pattern

ACET 2022 is a Computer Based Test (CBT) online exam. The exam contains 70 questions in total. Candidates have three hours to finish the entire paper. Check out the table below to learn more about the ACET exam pattern 2022.

ACET 2023 Exam Pattern Highlights

Exam Duration

3 Hours 

Exam Mode

Computer-Based Test Mode (CBT)

ACET Total Marks

100

Negative Marks

No 

Total Number Of Questions

70

Type of Questions

MCQ 

ACET Section Wise Marks Distribution

ACET Exam Sections

Marks Allotment

Mathematics

30 marks

Statistics

30 marks

Data Interpretation

15 marks

English

15 marks

Logical Reasoning

10 marks

Total

100 marks

ACET 2023 Syllabus

The Institute of Actuaries of India (IAI) has made the ACET syllabus 2023 available on its website. The ACET syllabus is announced, explaining all of the topics/chapters under each topic as well as the topic weightage. The ACET 2023 syllabus consists of five subjects: Mathematics, English, Statistics, Data Interpretation, and Logical Reasoning. Candidates preparing for the upcoming session of the ACET exam should prepare according to the syllabus and the weightage of marks.

The two sections with the highest number of marks are mathematics and statistics. Candidates must prepare for ACET 2023 by covering all topics. 

ACET 2023 Mathematics Syllabus

  • Standard functions and notation
  • Numerical Methods
  • Algebra
  • Differentiation
  • Integration
  • Vectors
  • Matrices

ACET 2023 Statistics Syllabus

  • Permutations and combinations
  • Types of data
  • Measures of location
  • Measures of spread
  • Probabilities
  • Advanced probabilities, etc.

ACET 2023 Data Interpretation Syllabus

  • Tables
  • Column Graphs
  • Bar Graphs
  • Line Charts
  • Pie Chart
  • Venn Diagrams
  • Caselets

ACET 2023 English Syllabus

  • Vocabulary Based (Synonyms Antonyms)
  • English Usage or Grammar
  • Sentence Correction
  • Fill in the blanks
  • Analogies or Reverse Analogies
  • Jumbled Paragraph
  • Meaning-Usage Match

ACET 2023 Logical Reasoning Syllabus

  • Number and Letter Series
  • Calendar 
  • Clock
  • Cubes
  • Venn Diagrams
  • Binary logic

ACET 2023 Exam Day Guidelines

  • The exam software must be downloaded and installed by candidates.
  • Leaving the room to use the restroom is not permitted while the exam is in progress.
  • During the exam, a clear water bottle can be kept.
  • It is forbidden to use electronic devices or access any other browser while leaving the system.
  • The room must be well-lit, and a web camera must be used without hindrance.
  • An IAI-approved scientific calculator is permitted.
  • Before beginning the exam, write down your login credentials on a piece of paper.

ACET Exam Preparation

The following points can help you prepare for the ACET Exams:

Understanding the Syllabus

It is critical to understand the ACET Exam syllabus. You will gain a good understanding of your focus areas as a result of this. You can divide the syllabus into sections to cover it quickly. Sort them into easy and complex categories, and begin with the difficult ones. 

Understanding the Exam Pattern

After reviewing the syllabus, you should look over the ACET Exam Pattern. It will assist you in understanding your paper pattern, time limit for completing the exam, and other critical information.

Making a Timetable for Daily Subjects

Scheduling can be time-consuming, but it is necessary. It provides an outline of your study schedule. It would be beneficial if you remained committed to completing your syllabus in the allotted time. Always begin with difficult subjects; once completed, they will give you a sense of accomplishment.

Obtaining Study Materials

Once you understand the syllabus, you can locate the best study materials for a specific topic. It could come in the form of books or videos. In addition, keep collecting practice papers and taking notes. It will help you when your exams are around the corner and knocking at the door.

Mock Tests

Always make time for practice tests. They play an important role in your study session. A mock test will assist you in understanding your areas for improvement as well as improving your answering patterns. Furthermore, mock tests are the best way to overcome exam anxiety. The more mock tests and previous year papers you take, the more confident you will become.

Revision

Begin revising at least a week before your exams. Make sure you're doing it with notes. If you stumble upon anything new, you will lead yourself to panic. Revising allows you to go over everything you have prepared for over the last few months. As a result, always leave time for revision when scheduling.

ACET 2023 Exam Centers

State

City

Maharashtra

Mumbai

Pune

Nagpur

Delhi

Delhi

West Bengal

Kolkata

Karnataka

Bengaluru

Haryana

Gurgaon

Tamil Nadu

Chennai

Coimbatore

Telangana

Hyderabad

Rajasthan

Jaipur

Gujarat

Ahmedabad

Surat

Uttar Pradesh

Lucknow

Chandigarh

Chandigarh

Madhya Pradesh

Indore

Jharkhand

Ranchi

Kerala

Kochi

Odisha

Bhubaneshwar

Uttarakhand

Dehradun

Bihar

Patna

Andhra Pradesh

Visakhapatnam (Vizag)

Assam

Guwahati

Chhattisgarh

Raipur

ACET 2023 Reference Books

For concept clarification, candidates preparing for ACET 2023 exam must use ACET reference books. First, candidates must go through the list of ACET books available on the IAI website. Next, find below the list of ACET preparation books.

Book Title

Authors/ Editors/ Publishers

TOMATO ( Test of Mathematics at Ten plus Two-Level)

ISI

How to Prepare for Verbal Ability and Reading Comprehension for CAT.

Arun Sharma and Meenakshi Upadhyay, McGraw Hill

How to Prepare for Qualitative Aptitude for the CAT.

Arun Sharma

Quantitative Aptitude for Competitive Examinations

Abhijeet Guha

The Pearson and Guide to Verbal and Logical Reasoning for the CAT

Nishit K. Sinha

Quantitative Aptitude for MBA Entrance Examination

R.S. Aggarwal

High School English Grammar and Composition

Wren and Martin

Word Power Made Easy

Norman Lewis

Problem Solving Strategies

Arthur Engel

Challenges and Thrill of Pre-College Mathematics

New Age International Publishers

Challenging Mathematical Problems with Elementary Solutions

A.M Yaglom and I.M Yaglom

An Excursion in Mathematics

M.R Modak, S.A. Katre, V.V. Acharya, V.M. Sholapurkar

Problems Primer for the Olympiad

C R Pranesachar, B J Venkatachala, C S Yogananda

ACTED Study Material

FAC and STATSPACK

How to Download ACET Previous Year Papers?

Candidates must download previous years' ACET question papers and solutions, which are easily available on IAI's official website. Candidates can improve their knowledge and exam preparation by downloading previous years' papers. It will also assist candidates in understanding the types of questions and the format of the exam paper. The steps candidates must take to download previous years' question papers are listed below.

Step 1: Go to the official IAI website, www.actuariesindia.org.

Step 2: Navigate to the ACET tab and select the 'Past Questions and Solutions' tab. A list of question papers will appear on the screen.

Step 3: Click on the link of the year candidates want to download the questions paper. The question paper will open on the screen.

Step 4: Select the 'Download' and 'Save' buttons.

Frequently Asked Questions

Who is eligible for CAT??

The registration fee for ACET 2023 application form is Rs. 3000. Candidates who have passed their 10+2 or equivalent level can apply for ACET 2023.

What is ACET Course??

Actuarial Common Entrance Test (ACET) is an entrance exam by the Institute of Actuaries of India (IAI) for individuals who wish to pursue their careers as an actuary.

What is the passing marks for ACET??

The Pass mark for ACET Examination is 50%.

Can I give ACET after 12th??

Working professionals with a minimum of 12th qualification are also eligible to register for the exam.

Is Maths compulsary for ACET??

Yes, Mathematics is a compulsary subject in XII board exams with 60% aggregate.

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