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Actuarial Common Entrance Test

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Can BBA students Appear for ACET ?

Akansha Sharma 2nd Jun, 2025

Yes, BBA students can appear for ACET (Actuarial Common Entrance Test). The only requirement is that you should have passed Class 12 with Mathematics. Your BBA background doesn’t stop you from applying. If you are good with numbers and interested in becoming an actuary, you are eligible. ACET is the first step to join the Institute of Actuaries of India (IAI). The exam is online, and you can apply easily on their official website.



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Currently I am in class 11, in India when should I register for the IFOA?

Ria Bafna 16th Dec, 2021

It's a good idea to start preparing yourself now.

I'd like to make a few suggestions.

Because actuarial science is all about math and statistics, you should study math thoroughly.

Keep statistics and probability out of your way. Don't think that they are easy chapters so why bother with them, instead study them thoroughly and practise as much as you can keep doing research about the course, learn about the subjects you have to study there keep your mind clear about it and dont doubt it for a second because it is one of the best profession and if you are good at maths and have an interest in it then you are doing the right thing know the ways through which you can pursue it and find the ideal way for you to be successful

Best wishes!

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how can I prepare for Acet exam

pdwords Student Expert 3rd Jun, 2021

Hello,

First of all in order to iniatiate preparation for any exam, candidates need to be well acquainted with exam pattern and syllabus ACET is conducted for three years having a total of 70 questions from sections such as

Mathematics with 30 marks has topics from Numerical Methods,Algebra,Integration,Vectors,Matrices, Differentiation, Notion and Standard Functions

Statistics with 30 marks has topics from Permutations and Combinations,Types of Data,Measures of Location,Measures of Spread, Probabilities,Advanced Probabilities,Discrete Random Variables,Continuous Random Variables,Discrete Distributions,Continuous Distributions,Correlation,Regression

English with 15 marks has topics from Vocabulary,Fill in the Blanks,Cloze Passage,English Usage or Grammar,Sentence Correction,  Jumbled Paragraph,Meaning-Usage Mismatch,Summary Questions,Verbal Reasoning,Facts/ Inferences or Judgement,Reading Comprehension, Analogies or Reverse Analogies

Data Interpretation with 15 marks has topics from Venn Diagrams, Bar Graphs, Pie Chart, Caselets, Tables, Column Graphs, Line Graphs

Logical Reasoning with 10 marks has topics from Logical Sequence,Logical Matching,Logical Connectives,Syllogism,Blood Relations, Numbers and Letters Series,Calendars,Clocks,Cubes,Venn Diagrams,Binary Logic,Seating Arrangement

Choosing the right study materials help in qualifying the exam successfully, some o the recommended books are

  • TOMATO (Test Of Mathematics at Ten plus Two-level published) by Indian Statistical Institute (ISI)
  • ACTED Study Material - FAC and STATS PACK by Actuarial Education Company
  • How to Prepare for Verbal Ability and Reading Comprehension for CAT by Arun Sharma and Meenakshi Upadhyay, Mc Graw Hill
  • Trishna’s Data Interpretation and Logical Reasoning for the CAT and other MBA Entrance Examinations by T.I.M.E
  • How to prepare for Quantitative Aptitude for the CAT Editor by Arun Sharma
  • Problem Primer for the Olympiad Editors by C R Pranesachar, B J Venkatachala, C S Yogananda
  • Quantitative Aptitude for Competitive Examinations Editor by Abhijit Guha
  • An Excursion in Mathematics Editors byM. R. Modak, S. A. Katre, V. V. Acharya, V. M. Sholapurkar
  • The Pearson and Guide to Verbal Ability and Logical Reasoning for the CAT Editor by Nishit K. Sinha
  • Challenging Mathematical Problems with Elementary Solutions Editors by A.M. Yaglom and I.M. Yaglom
  • Quantitative Aptitude for MBA Entrance Examinations Editor by R.S. Aggarwal
  • Challenge and Thrill of Pre-College Mathematics by New Age International Publishers
  • High School English Grammar and Composition by Wren and Martin
  • Word Power Made Easy Editor by Norman Lewis
  • Problem Solving Strategies Editor  by Arthur Engel

Go through previous year paper available at our page at https://finance.careers360.com/articles/acet-study-material, this will help you in knowing more details about the exam, help you analyze the areas which need further improvement, also your time management skills will improve

Continue doing revision on a daily basis along with applying mock papers and test series, this will help tremendously in the success of the exam.

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