​​ACET 2017 Syllabus - Actuarial Common Entrance Test

Syllabus for Actuarial Common Entrance Test –ACET 2017

 

Institute of Actuaries of India holds ACET 2017. The details of the ACET exam for 2017-18 have been decided by the Institute and announced publicly ACET (Actuarial Common Entrance Test) December 2017 online registrations will start from 20th July 2017 at 03.00 pm and close on 09th November 2017 at 03.00 pm.

 

To qualify as an Actuary, a candidate has to pass all examinations in the prescribed subjects. In addition, he has to comply with other criteria such as experience requirement and attendance at a professionalism course prescribed for the purpose.

 

Syllabus for ACET 2017

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

Please note:

  • 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 weightage of marks

 

Syllabus for ACET 2017 Examination will include the following Topics

1) Mathematics
2) Statistics
3) English
4) Data Interpretation
5) Logic

 

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


2) Statistics
    a) Permutations and combinations
    b) Types of data
         Statistical diagrams, bar chart, histogram, dot plot, stem-and-leaf, boxplot
    c) Measures of location
         mean, median, mode
    d) Measures of spread
         range, interquartile range, standard deviation, variance, Skewness
    e) Probabilities
         basic rules of probabilities
    f) Advanced probabilities
         tree diagrams, conditional probabilities
    g) Discrete random variables
         definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness
    h) Continuous random variables
         definitions, probabilities, mean, mode, median, standard deviation, variance, coefficient of skewness
    i) Discrete distributions
         discrete uniform, Bernoulli, binomial, Poisson
    j) Continuous distributions
         continuous uniform, exponential, the normal distribution
    k) Correlation
         scatter plots, covariance, correlation coefficient
    l) Regression

3) 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

Vocabulary: Vocabulary questions test the candidate’s knowledge of the primary meanings of words, secondary shades of meaning, usage, idioms and phrases, antonyms, related words, etc.

Grammar: Grammar-based questions test the candidate’s ability to spot and correct grammatical errors. It should generally tests knowledge of high school level grammar and includes areas like subject-verb agreement, use of modifiers, parellel construction, redundancy, phrasal verbs, use of articles, prepositions, etc.

Verbal Reasoning: Verbal reasoning questions are designed to test the candidate’s ability to identify relationships or patterns within groups of words or sentences.



4) Data Interpretation
Data is given in form of tables, charts and graphs. In this section it is tested that how can you interpret the given data and answers the questions based on it.
    a) Tables
    b) Column Graphs
    c) Bar Graphs
    d) Line Charts
    e) Pie Chart
    f) Venn Diagrams
    g) Caselets

Combination of two or more types linked to each other.

5) 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