ACET 2022 registration begins: How to become an actuary, exam pattern, steps to apply

The Institute of Actuaries of India (IAI) has started the online registration for the Actuarial Common Entrance Test (ACET). Interested candidates can register online for the exam on the official website actuariesindia.org on or before 2nd June. ACET June 2022 will be conducted on 25th June in remote proctored online mode. The institute will conduct online mock tests to get an idea of ​​the technical requirements of the home exam.

After the closure of the registration window, IAI will release the admit card for the exam on June 10. While appearing for the exam, candidates must carry a printed copy of this admit card and a government issued photo identity card with them. More details about the home exam will be made available to the students on their ACET login on 23rd June.

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ACET 2022: Eligibility Criteria

To be eligible to take ACET, a candidate must have passed class 12 or equivalent examination with English as a compulsory subject. Candidates must also have passed Graduation or Post Graduation in any one field – Finance or any other stream with Mathematics as the main subject, Mathematical Science, Engineering, Statistics, Chartered Accountant, Cost Accountant, or Company Secretary.

ACET 2022: Steps to Apply

Step 1. Log on to the official website of IAI

Step 2. Click on ‘ACET Registration 2022’ link available on the homepage

Step 3. Sign up on the portal using the required details

Step 4. After successful registration on the website, log in using your ACET student credentials

Step 5. Fill the application form for ACET June 2022 with all the required details

Step 6. Attach soft copy of required documents

Step 7. Pay the application fee before submitting your form

Step 8. Save a copy of the form for future use or reference.

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ACET 2022: Exam Pattern

The exam will be conducted for three hours consisting of 70 Multiple Choice Questions (MCQs) of total 100 marks. Out of the total marks, 30 marks will be for Mathematics and Statistics, 15 marks for Data Interpretation and English and 10 marks for Logical Reasoning. There is no negative marking in the exam. The passing mark is 50%.

Every year, the exam is conducted twice – June and December. ACET is valid for three years from the date of result declaration. Candidates not taking student membership of IAI within the specified period will have to appear for the re-examination.

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