Actuarial Common Entrance Test 2016 | ACET 2016 Notification and Dates
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Actuarial Common Entrance Test 2016
Institute of Actuaries of India (IAI), Mumbai invites applications for the Actuarial Common Entrance Test (ACET) for the academic year 2016.
Institute of Actuaries of India had started conducting its Entrance Exam which is ACET from January 2012. There is a change in the structure of ACET examination from June 2016-exam diet
The exam will be held at least twice in a year. As of now, the planned months are May and November
Candidates please note that before applying online you should ensure their eligibility and other condition for the academic year 2016-17
Eligibility Criteria
Students who have appeared or passed the 10+2 examination or an equivalent examination with English as one of the subjects at 10+2 level at the time of registering for ACET (Not only science students)
Nevertheless, it is expected that many of those who are already in education at higher levels and also those working and having qualifications in mathematical subjects would take up the examinations
Exam Pattern
The exam will have multiple-choice questions with one correct answer for each question. The exam will be conducted online at a pre-selected test center at a specified time
The exam will be a three hour, 100 marks online exam that will have 70 multiple-choice questions with one correct answer for each question
The questions for Section-I i.e. Mathematics, Statistics and Data Interpretation will contain 55% of weightage and Section-II i.e. English and Logical Reasoning will contains 45% of weightage
The total distribution of questions would be:
a. 45 questions - 1 mark each
b. 20 questions - 2 marks each
c. 05 questions - 3 marks each
After successful registration, students will be able to download the sample question paper for the examination. However, the names of the reference books will be provided to the students
The syllabus will include the questions for:
Section-I Mathematics, Statistics and Data Interpretation having 55% of weightage and
Section-II English and Logical Reasoning having 45% of weightage
ACET will now be conducted in 27 exam centres in India
ACET will be conducted in a single day with one slot
There would be negative marking for incorrect answers. The incorrect answer will deduct half of the weight age of marks
Exam Centres
In which cities are the exam test centers available - Mumbai, Delhi, Kolkata, Bangalore, Gurgaon, Chennai, Pune, Hyderabad, Jaipur, Ahmedabad, Lucknow, Faridabad, Chandigarh, Bhopal, Nagpur, Surat, Ranchi, Kochi, Bhubhaneshwar, Dehradun, Patna Vizag, Coimbatore, Baroda, Guwahati, Ludhiana and Raipur
Procedure for Online Registration
Go to IAI website and signup at http://actuariesindia.org/subMenu.aspx?id=4&val=ACET
On filling up the Online Registration Form, you will receive a confirmation mail at your registered email id giving you the link to proceed further by giving other details, uploading your photograph and making payment of registration fees by Debit or Credit Card or Internet Banking
In case you do not receive the confirmation mail, kindly get in touch with IAI at [email protected] or call at 022-67843355
After successful registration, you will be able to download the study material from your login download tab using the same id and password you had used for online ACET registration
Kindly take a printout of your ACET Online Registration Form, since you have to submit it at the time of taking admission with the institute
Registration Fee
The registration fee for the entrance exam is Rs.3000/- (three thousand only). This covers the cost of the Welcome Kit inclusive of one Sample Paper and Online Exam
The registration fee once paid is neither refundable nor can it be carried forward for the next ACET
Important Dates for ACET 2016
Date of Registrations Start: 10th March 2016
Date of Registrations Close: 09th April 2016
Date of ACET Exam: 20th May 2016
Date of Results: 10th June 2016
Last Date to take Student Membership Admission (if wants to appear for September 2016 exam): 21st June 2016
Institute of Actuaries of India (IAI), Mumbai
302, Indian Globe Chambers, 142, Fort Street, Off DN Road, Mumbai-400001, Email: [email protected], Boardline: +91-22-67843333, Website www.actuariesindia.org
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