Actuarial Common Entrance Test (ACET 2021) is conducted by Institute of Actuaries of India (IAI). ACET is an online exam held as a Computer Based Test (CBT). Candidates seeking admission to various UG/PG courses under Ajeenkya DY Patil University can appear for ACET 2021.
ACET Exam involves five subjects, namely Mathematics, Statistics, Data Interpretation, English, and Logical Reasoning. The duration of ACET exam is 3 hours or 180 minutes.
ACET 2021 Exam Highlights
| Organization Name | Institute of Actuaries of India (IAI) |
| Examination Name | Actuarial Common Entrance Test (ACET) |
| Courses Offered | Actuaries Courses |
| Exam Level | National level |
| Mode of Application | Offline |
| Mode Of Exam | Online (Computer Based Test) |
| Type of Questions | MCQ (Multiple-Choice Questions) |
| ACET Total Marks | 100 |
| Exam Duration | 3 Hours |
| Language | English |
| Negative Marks | No Negative marks |
| Official Site | actuariesindia.org |
Aspirants can download the ACET Syllabus 2021 – Download Pdf Now from the official website.
ACET Exam Events 2021
The ACET entrance exam dates 2021 have been released on its official website. Candidates can also see the events in the table mentioned below:
| Events | June 2021 | Dec 2021 |
| Online Registrations Start Date | Apr 24, 2021 | Jul 9, 2021, from 3:00 pm |
| Online Registrations End Date | Jun 5, 2021 | Oct 26, 2021, up to 3:00 pm |
| ACET 2021 Mock Examination | Jun 19, 2021 (10:00 AM to 1:00 PM) | To be announced |
| Exam Date | Jun 26, 2021 | Dec 11, 2021 (10 am – pm) |
| Admit Card | Jun 11, 2021 | To be announced |
| Results | Jul 3, 2021 | Dec 18, 2021 |
ACET 2021 Exam Pattern
The exam will include two parts – part 1 and part 2. The aspirants will be attempting the Exam for 3 hours.
- Questions Type: The MCQ (Multiple Choice Questions) will be asked.
- Exam Mode: The ACET examination will be online (Computer-based) mode.
- Duration: The duration of the exam will be of 3 hours.
- Sections: There will be two sections for ACET 2021.
- Marking Scheme: Each correct answer will carry different mark for different sections.
- Negative Marking: For 1 mark question, 0.5 marks will be deducted, for 2 marks question, 1 mark will be deducted and for 3 marks question, 1.5 marks will be deducted.
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| Sections | Number of questions |
| General English: Reading Comprehension & Grammar (10 marks each) | 20 |
| Aptitude, Analytical & Logical Reasoning | 20 |
| Physics -20, Chemistry -20, Math – 20 | 60 |
| Total | 100 |
ACET 2021 Qualifying Marks
The passing marks or qualifying marks of ACET 2021 are the minimum marks required for the candidates to qualify for the exam. Candidates have to get a minimum of 50% in the ACET exam to be deemed as qualified. Candidates who score less than 50% will be considered as failed but they can reappear for the examination in the next session.
ACET Syllabus 2021
The Institute of Actuaries of India (IAI) has published the ACET syllabus 2021 on its official website. ACET syllabus is declared explaining all the topics/ chapters under each topic and also topic weightage.
The below table prescribes the section-wise topics of each subject of ACET 2021:
ACET syllabus will include the following subjects:
- Mathematics
- Statistics
- English
- Data Interpretation
- Logic
The table below contains the major topics and sub-topics mentioned as per ACET syllabus 2021:
| Topics/Sections | ACET Syllabus |
| Mathematics | Notation and standard functions, Numerical Methods, Algebra, Differentiation, Integration, Vectors, Matrices |
| Statistics | Permutations and combinations, Statistical diagrams, Bar Chart, Histogram, Dot plot, Stem-and-leaf, Boxplot, Mean, Median, Mode, Range, Interquartile range, Standard deviation, Variance, Skewness, Basic rules of probabilities, Tree diagrams, Conditional probabilities, Definitions, Probabilities, Discrete uniform, Bernoulli, Binomial Poisson, Continuous uniform, Exponential, The normal distribution, Scatter plots, Covariance, Correlation coefficient, Regression |
| English | Vocabulary Based (Synonyms Antonyms), English Usage or Grammar, Sentence Correction, Fill in the blanks, Cloze Passage, Analogies or Reverse Analogies, Jumbled Paragraph, Meaning-Usage Match, Summary Questions, Verbal Reasoning, Facts / Inferences / Judgements, Reading Comprehension |
| Data Interpretation | Tables, Column Graphs, Bar Graphs, Line Charts, Pie Chart, Venn Diagrams, Caselets |
| Logical Reasoning | Number and Letter Series, Calendars, Clocks, Cubes, Venn Diagrams, Binary Logic, Seating Arrangement, Logical Sequence, Logical Matching, Logical Connectives, Syllogism, Blood Relations |
ACET 2021 Preparation Tips
Candidates can follow the given below ACET 2021 preparation tips to score well in the entrance exam:
- Candidates must pay equal attention to all the topics which include sections like verbal, logical reasoning, and data interpretation along with maths and statistics.
- The applicant must solve the mock paper provided by the IAI as it will help them in learning the type of questions and time management skills.
- Candidates must practice sums at a regular interval of time.
- Candidates must solve the previous year’s question paper as it will help them to learn the pattern of the exam.
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