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Actuarial Common Entrance Test (ACET) is the first step towards becoming an Actuary. It is an entrance exam which is conducted twice a year. The exam is held through online mode. It is a three hourly based exam.

STRUCTURE OF THE EXAM
The allocation of marks for the subjects will be as under:
 * 1) Mathematics - 30 marks
 * 2) Statistics - 30 marks
 * 3) Data Interpretation - 15 marks
 * 4) English - 15 marks
 * 5) Logical Reasoning - 10 marks

The distribution of questions is as under:
 * 45 questions - 1 mark each
 * 20 questions - 2 marks each
 * 05 questions - 3 marks each

There is no negative marking for incorrect answers in the examination.

The pass marks for the exam is 50 per cent

ELIGIBILITY CRITERIA
The candidate appearing should have passed 10+2 examination or an equivalent examination with English as one of the subjects in 10+2 level

Along with them all those who are at a higher level of education or are currently working can also apply considering they have qualifications in mathematical studies.

EXAM SYLLABUS
1. MATHEMATICS
 * Notation and Standard Functioning
 * Numerical Methods
 * Algebra
 * Differentiation
 * Integration
 * Vectors
 * Matrices

2. STATISTICS
 * Permutations and Combinations
 * Types of Data
 * Statistical Diagrams
 * Bar Chart
 * Histogram
 * Dot Plot
 * Stem and Leaf
 * Box Plot
 * Measures of Location
 * Mean
 * Median
 * Mode
 * Measures of Spread
 * Range
 * Interquartile Range
 * Standard Deviation
 * Variance
 * Skewness
 * Probabilities
 * Basic Rules of Probabilities
 * Advanced Probabilities
 * Tree Diagrams
 * Conditional Probabilities
 * Discrete Random Variables
 * Definitions
 * Probabilities
 * Mean
 * Median
 * Mode
 * Standard Deviation
 * Variance
 * Coefficient of Skewness
 * Continuous Random Variables
 * Definitions
 * Probabilities
 * Mean
 * Median
 * Mode
 * Standard Deviation
 * Variance
 * Coefficient of Skewness
 * Discrete Distribution
 * Discrete Uniform
 * Bernoulli
 * Binomial
 * Poisson
 * Continuous Distribution
 * Continuous Uniform
 * Exponential
 * Normal Distribution
 * Correlation
 * Scatterplots
 * Covariance
 * Correlation Coefficient
 * Regression

3. DATA INTERPRETATION
 * Tables
 * Column Graphs
 * Bar Graphs
 * Line Charts
 * Pie Chart
 * Venn Diagrams
 * Caselets

4. ENGLISH
 * Vocabulary Based(Synonyms, Antonyms)
 * English Usage of Grammar
 * Sentence Correction
 * Fill in the Blanks
 * Cloze Passage
 * Analogies or Reverse Analogies
 * Jumbled Paragraphs
 * Meaning Usage Match
 * Summary Questions
 * Verbal Reasoning
 * Reading Comprehension
 * Facts/Inferences/Judgements

5. LOGICAL REASONING
 * Number and Letter Series
 * Calendars
 * Clocks
 * Cubes
 * Venn Diagrams
 * Binary Logic
 * Seating Arrangement
 * Logical Sequence
 * Logical Matching
 * Logical Connectives
 * Syllogism
 * Blood Relations

EXAM FEES
The Registration Fees for the exam is Rs.3000(Three thousand only). This covers the cost of one Sample Question Paper, Indicative Solution and Online Exams. The Registration Fees once paid is neither refundable nor can it be carried forward to the next ACET exam.