Acet Study Guide

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ACET: Actuarial Common Entrance Test Actuary the backbone of financial security Actuaries are the foundation of financial security. Insurance Companies, financial organizations, and numerous multinational companies are reluctant to make certain financial decisions involving risk without taking advise from the actuaries professionals first. In India the profession of Actuaries is fully controlled and managed by the Institute of Actuaries of India under the statute of The Actuaries Act. Entranceindia.com a pioneer in providing model papers for various engineering and medical entrance tests has been providing ACET Preparation Sample Papers and Model Papers since beginning of ACET Test in India i.e. January 2012. Before January 2012, the admission into the course of Actuaries was on the basis of qualification and not entrance test.

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Since 2012 many aspirants of Actuaries profession has placed high reliance on our ACET Expert Model Papers meant for Actuarial Common Entrance Test. Register today for a demo ACET Sample Paper free of cost. ACET New Exam Pattern: Since May 2016, the ACET exam following a different exam pattern mixing English, Reasoning, etc. Along with math and statistics. The existing exam pattern was continuing since January 2012 having only Statistics and mathematics. The New Structure of Examinations is: 1.

From May 2016 ACET is a 3 hours exam conducted online. It has 70 multiple choice questions with one correct answer for each question. The question paper pattern and distributions of questions as under: a. 45 questions – 1 mark each b.

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20 questions – 2 marks each c. 05 questions – 3 marks each 3. The syllabus includes the following: Section-I Mathematics, Statistics and Data Interpretation having 55% of weightage and Section-II English and Logical Reasoning having 45% of weightage. The (Old) Exam structure of ACET: 1. The exam of ACET was a 2 hour, 100 marks online exam. ACET exam had 55 multiple choice questions of total 100 marks with one correct answer for each question.

The question paper pattern and distributions of questions as under: a. 25 questions – 1 mark each b. 25 questions – 2 marks each c. 05 questions – 5 marks each 3.

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The syllabus basically was covering Mathematics and Statistics of 10+2 Level.

Study Material @inflexionpoint The IFoA with the able assistance of ActEd has provided the Actuarial student community with a variety of Actuarial study material from core reading to explanatory texts to revision notes and flash cards et al. Chemistry lab manual. However, in some specific areas like practice questions for greater and deeper understanding of concepts and also for quick revision material that is based on new ground-breaking research, the available actuarial study material is found wanting and inadequate. To help address this glaring issue, Inflexion Point has taken it upon itself to design and distribute effective actuarial assignments that test your learning and teaches you to go further and analyse better. Additionally, we at Inflexion Point have also worked tirelessly to make Mnemonic cards to help revise and recap the vast syllabus covered by the CA1 – Actuarial Risk management. We have got rave reviews for our efforts. Here is your chance to experience first-hand the innovative actuarial study material by Inflexion Point. Happy learning!

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