Entrance Exam

ACET Syllabus 2024 – Get Complete Syllabus Here

Latest Applications Open 2024:

   

ACET Syllabus 2024 has been released. The IAI (Institute of Actuaries of India) is the well-known institute of India, which was started in 2006 beneath the Actuaries Act for the regulation of the profession of Actuaries in India. The IAI has approached the ACET examination for the candidates, which is often called the Actuarial Common Entrance Test. Those candidates are appearing for the examination of ACET to urge admission into the Institute of Actuaries of India; they will fill the application form through online mode.

The interested candidates can apply for this examination within the 3 periods of the year, which is April, June, and Dec. By this content, the candidates are able to recognize the complete info of ACET within which includes ACET Syllabus, Exam Pattern, Exam Centers, etc.

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ACET 2024 Syllabus:

The candidates should need to prefer the syllabus for higher preparation of the examination and by studying the topics, there’ll be possibilities to secure qualified marks within the examination of ACET. There are totally different topics within the different examination and candidates ought to understand it properly.

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There is the topics name mentioned below:

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

1) Mathematics:

  • Notation and standard functions
  • Numerical Methods
  • Algebra
  • Differentiation
  • Integration
  • Vectors
  • Matrices

2) Statistics:

  • Permutations and combinations
  • Types of data
  • Measures of location
  • mean, median, mode
  • discrete uniform, Bernoulli, binomial, Poisson
  • Continuous distributions
  • continuous uniform, exponential, the normal distribution
  • Correlation
  • Measures of spread
  • range, interquartile range, standard deviation, variance, Skewness
  • Probabilities
  • basic rules of probabilities
  • Advanced probabilities
  • tree diagrams, conditional probabilities
  • Discrete random variables
  • Continuous random variables
  • definitions
  • probabilities, mean,
  • mode, median, standard deviation,
  • variance, coefficient of skewness
  • Discrete distributions
  • scatter plots, covariance, correlation coefficient
  • Regression

3) English:

  • Fill in the blanks
  • Cloze Passage
  • Analogies or Reverse Analogies
  • Jumbled Paragraph
  • Meaning-Usage Match
  • Vocabulary Based (Synonyms Antonyms)
  • English Usage or Grammar
  • Sentence Correction
  • Summary Questions
  • Verbal Reasoning
  • Facts / Inferences / Judgements

4) Data Interpretation:

  • Line Charts
  • Pie Chart
  • Tables
  • Column Graphs
  • Bar Graphs
  • Venn Diagrams
  • Caselets

5) Logical Reasoning:

  • Number and Letter Series
  • Binary Logic
  • Seating Arrangement
  • Logical Sequence
  • Logical Matching
  • Calendars
  • Clocks
  • Cubes
  • Venn Diagrams
  • Logical Connectives
  • Syllogism
  • Blood Relations

ACET Syllabus for the Year 2024

CORE PRINCIPLES

CS1 Actuarial Statistics CS2 Risk Modeling and Survival Analysis
CM1 Actuarial Mathematics CM2 Financial Engineering and Loss Reserving
CB1 Business Finance CB2 Business Economics
CB3 Business Management

CORE PRACTICES

CP1 Actuarial Practice
CP2 Modelling Practice
CP3 Communications Practice

SPECIALIST PRINCIPLES

SP1 Health and Care SP2 Life Insurance
SP4 Pension and Other Benefits SP5 Investment and Finance
SP6 Financial Derivatives SP7 General Insurance Reserving and Capital Modelling
SP8 General Insurance – Pricing

SPECIALIST ADVANCED

SA1 Health and Care SA2 Life Insurance
SA3 General Insurance SA4 Pension and Other Benefits
SA7 Investment and Finance

ALSO READ: ACET EXAM PATTERN 2024.

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  7. NICMAR Hyderabad| Admissions Open for All Courses 2024. Apply Now
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ACET 2024 Exam Centers:

The cities in which ACET exam 2024 will be conducted are given below:

Mumbai, Bangalore, Gurgaon, Delhi, Kolkata, Chennai, Pune, Hyderabad, Jaipur, Ahmedabad, Lucknow, Coimbatore, Surat, Chandigarh, Indore, Nagpur, Ranchi, Kochi, Bhubaneshwar, Dehradun, Patna, Vizag, Guwahati, and Raipur.

Recommended Books for ACET 2024:

Applicants who will participate in the upcoming ACET 2024 Examination can refer to these books mentioned below. Important books for the preparation of the entrance exam are as follows;

Sr. No. Books Name Links
1 ACET Study Material (Book-1 to 5) for Actuarial Common Entrance Test (Fully Updated) Click Here
2 STUDY MATERIAL ON ACTUARIAL COMMON ENTRANCE TEST (ACET) MARCH 2024 [PACK OF 4 BOOKS] WITH MODEL QUESTION PAPERS + TOPICWISE ANALYSIS + MCQ QUESTIONS+ SPECIAL PRACTICE SET Click Here
3 ACTUARIAL COMMON ENTRANCE TEST (ACET): Practice Papers with Solutions Click Here
4 ACTUARIAL COMMON ENTRANCE TEST (ACET) ENGLISH AND LOGICAL REASONING: (Practice Papers with Answers/Solutions) Click Here