About ACET


Actuarial Common Entrance Test

ACET is applicable to the candidates who plan to enroll as student member of the Institute of Actuaries of India and wish to take Actuarial examinations.

Actuarial Common Entrance Test
ACET Course by alphaplus

Physical/Live-Online/ Recorded Classes

Comprehensive Study Material

Weekly Quizzes with Performance Tracking

One to One & Group Doubt Session

Assistance, Training & Placement
to be Provided

What is ACET?

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. The primary requirement is that the candidate must have passed 12th grade in any stream.


After Passing ACET Exam, Students are Eligible to Take Membership From IAI and ACET is Valid for the Period of 3 Years

ACET Eligibility


Students who have appeared 10+2 or an equivalent examination and waiting for the result.


A candidate who has passed 10+2 or any other higher courses/examinations.


Finance, or any other stream, but you have love for Mathematics and skills in Numeracy.


Mathematical Sciences: Math's, Statistics, Econometrics or any other.


Chartered Accountant, Cost Accountant or a Company Secretary.

Fee Structure - ACET


Regular Class Room Fees:



ACET 2024: Application Fee:


Subjects of ACET




Data Interpretation

Logical Reasoning

Syllabus Mathematics - ACET

Syllabus Statistics - ACET

Permutations & Combinations

Syllabus English - ACET

Syllabus Data Interpretation - ACET

Syllabus Data
Interpretation - ACET

Syllabus Logical Reasoning - ACET

Syllabus Logical
Reasoning - ACET

Marking Scheme - ACET

Examination Centers - ACET

Result - ACET

ACET declares result within 10 days. IAI conducts the national level entrance exam of ACET two times every year. Candidates can appear for the exam unlimited times. There is no limit on the number of attempts for ACET.


The registration fee for the entrance exam
Rs. 3,000/- This covers the cost of one Sample Question Paper, Indicative Solution and Online Exam. The registration fee once paid is neither refundable nor can it be carried forward for the next ACET. You are therefore requested to make considered decision to take up the examination and only then register.

frequently asked questions about actuarial science-FAQ's

The results are normally declared within 10 working days’ time from the date of the exam. The results would be available on the IAI website.

It is a computer-based examination where the examinees have to be present at their chosen testing Centre administered in 24 cities across India.

Negative marking has been discontinued from September 2019 Examination. There is no negative marking for wrong answers.

Yes, but after passing ACET, at the time of applying for IAI student membership, the student should have qualified 12th standard.

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