ACET 2020 Result for Home based Actuarial exam has been released. The exam is organized to offer admission in Actuaries courses in Indian institutions. It is a university level examination which is conducted thrice in one year. IAI (Institutes of Actuaries of India) is the conducting authority of Actuarial Common Entrance Test (ACET). Through ACET, qualified candidates can be admitted as student members of IAI. Here, candidates can study in detail regarding ACET 2020 including exam dates, admit card, result etc.
Result Exam Dates FAQS Admission
ACET 2020 Notifications – Result Declared
ACET 2020 Result for Home based Actuarial exam has been declared. Check here for result details.
ACET 2021 exam will be conducted in the month of February 2021. Get more details about ACET 2021 here.
ACET 2020 Exam Dates
The ACET 2020 exam dates are different for various months. The official May & November session dates are as follows:
November Session 2020:
| Events | Dates 2020 (Announced) |
| Registration starts | 5th October 2020 |
| Last date for registration | 24th October 2020 (Extended) |
| Availability of hall ticket | 16th November 2020 |
| ACET 2020 November exam | 19th November to 3rd December 2020 (Home based exam) |
| Result date | – |
| Last date for membership admission for those who wants to appear for June 2020 Examination | – |
October Session 2020:
| Events | Dates 2020 |
| Registration starts | 13th March 2020 |
| Registration closes | 30th June 2020 |
| Release of admit card | 6th October 2020 |
| ACET 2020 May exam date | 10th October 2020 |
| Result announcement | 21st October 2020 |
ACET 2020 Result
The ACET 2020 result will be declare in December 2020 for November session exam. It has been released through online mode. Candidates have to login the detail to view their result. No printed result has been sent by the institute to candidates individually.
ACET result for February session has been made available on 7th March 2020. For October session, it has been made available from 21st October 2020.
For taking students membership in IAI, candidates result is only be valid for 3 years from result declaration date.
ACET 2020 Cut-Off
The ACET 2020 cut-off will be the minimum marks to qualify the examination. To qualify the exam candidates have to secure atleast 50% marks in the ACET 2020 entrance examination.
The candidates who will score the marks equal or above than the cut-off marks will further be called for counselling or admission procedure.
ACET 2020 Admission Procedure
After qualifying the ACET 2020 exam, candidates will have to register themselves for the “Student Membership” again.
The student membership acceptance will be subject to production of attested original copies of education certificate.
Those candidates who gets short-listed in the merit list will be able to attend counselling/admission procedure for admission in actuaries.
Candidates will have to register on the website by filling the “Student Membership Form”. The Application cum Payment Confirmation Form can be sent with attested documents in the given address:
Admissions Team,
Institute of Actuaries of India,
302, Indian Globe Chambers, 142, Fort Street,
Off DN Road, Near CST (VT) Station, Mumbai – 400001
FAQs (Frequently Asked Questions)
ACET 2020 Application Form
The details for ACET 2020 Application Form are as follow:
- The application form has been made available through online mode.
- ACET 2020 November application form has been made available from 5th October 2020 to 24th October 2020.
- Candidates have to upload scanned images of photograph & signature while filling the application form.
- Candidates have to fill all the details carefully in the application form and submit it on time.
- At the last do not forget to take the printout of the application form for future use.
Application fee:
- The ACET application fee can be paid through credit card/debit card/net-banking.
- The mode of payment is online.
- The fee payment for all categories is Rs. 3000/-, including Sample Question Paper, Indicative Solution and Online Exam.
Eligibility Criteria
Candidates will only be eligible, if they will fulfill the following eligibility criteria of ACET 2020:
- Age Limit: There will be no age limit for ACET 2020 examination.
- Qualification: The candidate should have passed intermediate or equivalent from a recognized board.
- Mandatory: English will be the mandatory subject in class 12th level.
- Appearing candidates will also be eligible.
- Graduated, post-graduated, engineering students, management students, CA, CS, degree holders in Mathematics will also be eligible to appear in the examination.
ACET 2020 Admit Card
The ACET 2020 admit card has been made available on 16th November 2020. It has been made available through online mode.
Candidates have to carry print out the ACET admit card along with the valid photo ID proof in the exam centre. 12th standard candidates have to carry their 12th class admit card or school ID with attached photograph. Candidates without all these required documents will not be allowed to permit for his/her exam.
ACET 2020 Exam Pattern
The details regarding ACET 2020 Exam Pattern will be as follow:
- Questions Type: The MCQ (Multiple Choice Questions) will be asked.
- Exam Mode: The ACET examination will be online (Computer-based) mode.
- Duration: The duration of exam will be of 3 hours.
- Sections: There will be two sections for ACET 2020.
- Marking Scheme: Each correct answer will carry different mark for different sections.
- Negative Marking: For 1 mark question, 0.5 marks will be deducted, for 2 marks question, 1 mark will be deducted and for 3 marks question, 1.5 marks will be deducted.
| No. of questions | Marking (for correct answer) | Negative Marking |
| 45 | 1 | 0.5 |
| 20 | 2 | 1 |
| 05 | 3 | 1.5 |
ACET 2020 Syllabus
The ACET 2020 syllabus include the two sections. Section 1 will comprise of topics as Mathematics, Statistics and Data Interpretation. Section 2 will comprise of topics as English & Logical Reasoning.
Some common topics from each main topic of ACET 2020 Section 1 are:
Mathematics – Some common topics are Notation & standard functions, Numerical methods, Algebra, Differentiation, Integration, Vectors and Matrices.
Statistics – Some common topics are Permutations & combinations, Types of Data, Measures of location & spread, Probabilities, Discrete random variables & distributions, Continuous random variables & distributions, Correlation & Regression.
Data Interpretation – Some common topics are Tables, Column graphs, Bar graphs and Line chart, Pie-chart, Venn Diagrams and Caselets.
Some common topics from each main topic of ACET 2020 Section 2 are:
English- Some common topics are Vocabulary based, English grammar usage, Sentence Correction, Fill in the blanks, Cloze passage, Verbal reasoning & much more.
Logical Reasoning- Some common topics are Number & letter series, calendars, Clocks, Cube, Blood relations and much more.
Preparation Tips
Some preparation tips for ACET 2020 are given below:
- Manage your time according to the exam dates.
- Study as per the official syllabus & topics.
- Practice as much as you can from various practice sets.
- Do revise all the topics on regular-basis.
- Keep yourself healthy & fit.
- Be aware of the marking scheme & do questions accordingly.
Exam Centers
The cities of ACET 2020 exam will be Mumbai, Delhi, Kolkata, Bangalore, Gurgaon, Chennai, Pune, Hyderabad, Jaipur, Ahmedabad, Lucknow, Chandigarh, Indore, Nagpur, Ranchi, Kochi, Bhubaneshwar, Dehradun, Patna, Vizag, Coimbatore, Surat, Guwahati and Raipur.
Candidates can ask their queries regarding ACET 2020 by leaving the comment below in the comment box.
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