Amid the COVID-19 outbreak and prevailing situation across the country, the Institute of Actuaries of India (IAI) has postponed the ACET May 2020 exam. Also, the Institute has extended the application process date for the ACET May 2020. According to the official notice the, The last date to fill the application form has been extended to May 29, 2020, and the examination has been rescheduled on June 27. 

Earlier the entrance examination was scheduled to be held on May 9. The ACET May examination will be conducted at 24 exam centres across the country. The examination will be conducted in a single day with one slot. Candidates who wish to appear for the Actuarial Common Entrance Test (ACET) May 2020 exam are advised to visit the official website and apply for the exam in the online mode.

ACET May 2020 Revised Schedule:
 
Events Dates
Application Process Start Date 13th March 2020
Revised Last Date for Application Process 29th May 2020
ACET May 2020 Exam Date 27th June 2020 (10:00am to 1:00pm)
Result Declaration Date 08th July 2020
Last Date to Take Student Membership Admission 20th July 2020

ACET May 2020 Exam Pattern:

The Allocation of Marks will be as under:
  •  Mathematics - 30 marks
  • Statistics - 30 marks
  • Data Interpretation - 15 marks
  • English - 15 marks
  • Logical Reasoning - 10 marks

The distribution of questions will be:
  • 45 questions – 1 mark each
  • 20 questions – 2 marks each
  • 05 questions – 3 marks each

Candidates should note that there will not be any negative marking for incorrect answers. The passing percentage for ACET Examination is 50%. For more related details, candidates are advised to visit the official website of Institute of Actuaries of India (IAI).

Official Website: www.actuariesindia.org

ACET May 2020 Syllabus:


Mathematics

    a) Notation and standard functions
    b) Numerical Methods
    c) Algebra
    d) Differentiation
    e) Integration
    f) Vectors
    g) Matrices

Statistics

    a) Permutations and combinations
    b) Types of data
    c) Measures of location
    d) Measures of spread
    e) Probabilities
    f) Advanced probabilities
    g) Discrete random variables
    h) Continuous random variables
    i) Discrete distributions
    j) Continuous distributions
    k) Correlation
    l) Regression

English

    a) Vocabulary Based (Synonyms Antonyms)
    b) English Usage or Grammar
    c) Sentence Correction
    d) Fill in the blanks
    e) Cloze Passage
    f) Analogies or Reverse Analogies
    g) Jumbled Paragraph
    h) Meaning-Usage Match
    i) Summary Questions
    j) Verbal Reasoning
    k) Facts / Inferences / Judgements
    l) Reading Comprehension

Data Interpretation

    a) Tables
    b) Column Graphs
    c) Bar Graphs
    d) Line Charts
    e) Pie Chart
    f) Venn Diagrams
    g) Caselets

Logical Reasoning

    a) Number and Letter Series
    b) Calendars
    c) Clocks
    d) Cubes
    e) Venn Diagrams
    f) Binary Logic
    g) Seating Arrangement
    h) Logical Sequence
    i) Logical Matching
    j) Logical Connectives
    k) Syllogism
    l) Blood Relations