Candidates who wish to enroll as student members of the Institute of Actuaries of India and take actuarial exams can apply for the Actuarial Common Entrance Test. ACET is conducted thrice a year, on a single day with one slot. The pass mark for the ACET examination is 50%. Qualified candidates can subscribe to the study material of their selected core principle subjects online and apply for Regular Actuarial Exams. Get more details about ACET 2024 such as eligibility criteria, application process, etc from this article below.

Overview of ACET 2024

ACET Important Dates 2024

The important dates for ACET 2024 are given as follows:

ACET 2024 Eligibility Criteria

Check out the basic eligibility criteria for ACET 2024:

• Candidates who have passed or will appear in 10+2 or equivalent examination and waiting for the result are eligible.
• Students of Diploma, Mathematical Sciences, Engineering, Management, and Finance with aptitude for Mathematics and skills in Numeracy are eligible too.
• Those who are studying Chartered Accountant, Cost Accountant, or Company Secretary courses can also apply.

ACET Application Form 2024

The application form for ACET 2024 will be made available through online mode. Candidates can fill out and submit their application form by visiting the official website of the institute www.actuariesindia.org.

• Candidates should first register themselves by providing details like name, father’s name, gender, date of birth, aadhar number, email address, phone number, etc.
• A password should also be created during registration which will be required at the time of login.
• Applicants can obtain the admit card by logging in to their account using their email address and password.
• To fill out the application form, the candidates will have to provide the rest personal information and their qualification details.
• Scanned copies of photographs and signatures of the candidates should also be uploaded to the form.
• After providing all the information, the candidates should submit it on or before the prescribed date.
• The candidates should take a hard copy of the duly filled application form and keep it safe for future reference.

Application fee:

The registration fee for the entrance exam is ₹3,000.

ACET 2024 Exam Pattern

The exam pattern overview for ACET 2024 is given below:

• Duration: 3 hours
• Total marks: 100 marks
• Mode of exam: Online
• Number of questions: 70
• Type of questions: Multiple-choice questions
• Distribution of marks:
  • 45 questions – 1 mark each.
  • 20 questions – 2 marks each.
  • 05 questions – 3 marks each.
• Negative marking: There will not be any negative marking for incorrect answers.

ACET 2024 Admit Card

• The candidates will be able to download their admit cards by logging in to their accounts.
• The candidates should take a printout of the admit card to carry it to the exam center along with a Government approved id card.
• Any candidate reporting to the exam center without the admit card and valid id will not be allowed to enter the exam hall.
• Admit cards distorted or mutilated in any manner will not be considered valid so the candidates must keep them safe.

ACET Result 2024

• Authorities will declare the result of the entrance exam on the official website of the institute.
• Results will be declared according to the given schedule for different sessions of the exam- March, June, and December.
• Candidates who pass the test will have to appear for further rounds of the admission process through online mode.

ACET 2024 Admission Process

• Students who pass ACET Exam need to fill out a registration form available from the IAI website after providing the candidate id, date of birth, and OTP.
• In the form, candidates have to provide basic details and upload photocopies of attested documents.
• The candidates should then make the online payment of fees, after which an email and payment confirmation page will be sent by IAI.
• Candidates are suggested to take a printout of the confirmation page.
• Once the online admission is approved by the institute, candidates will receive an approval email.

Frequently Asked Questions