Institute of Actuaries of India-Actuarial Common Entrance Test (ACET)

Hi Guys.. I have done Maths (Hons) in my graduation after that MCA in 2011. After MCA, got selected and joined govt. job (Tax Asst (Clerical job)) I have completed 2 years there, but I am not happy with the clerical profile, also the growth in terms of promotions and salary is not much there. So decided to pursue Actuary as I have interest in this field and side by side started looking for jobs in IT sector, I gave interview in Mercer for VBA developer and selected there also. And I have cleared ACET (in dec,13) and will be giving 3 CT papers in may'14. So should I join mercer as it also has an acturial dept and will try for IJPs from IT dept to acturial dept after clearing acturial exams?

@Blu_Dragon @shashank337 Minimum period of completion of the course seems to be around 4 years or so.
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IAI also provides revision materialHas anybody purchased it OR heard about it OR plan to purchase it?

http://actuariesindia.org/%28S%28xinhbwaly0qwit45w2cl5fes%29%29/subMenu.aspx?id=59&val;=Revison_Material

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I have sent the documents to IAI. How long does the processing generally take? Also, can someone suggest which CT papers to attempt first. I have done B.E...

An earnest request everyone. IAI has floated a survey about comparison between Indian and UK actuary. All of the student members has received the same in their registered mail id. Please fill that survey and mention about the low pass percentage in IAI as compared to IFOA. If this thing gets rectified it will be beneficial for all of us.

Please don't ignore the survey. It will take 5 mins but it is worth that.

Questions to all experienced folks -

I have cleared the ACET this Dec and planning to start the voyage through CT papers.
But I have started this pretty late - already have 9 + years of experience (in IT / ITES industry as techie as well as in consulting profile). My domains include Life Insurance (mainly policy admin) and general insurance (mainly around Claims Transformation) - I am a BE & PGDM (from respectable institutions) and hence placed moderately well in my job in terms of position, payscale, etc.

How much sense does it make for me to go through the rigours ?? - I want to understand exactly how much leverage can I get over my present situation if I say clear 3 of the CT papers - will I have to again start from the bottom of the pyramid as trainee actuary or I can use these as an addendum to my current credentials - please advise.lookroundlookroundlookround
The entire purpose of planning to invest to efforts in this journey was to move around the stagnation which I can foresee for myself in the future embarrasedembarrased

I do not mind putting in hard work but that should not be aimless😠😠




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Did anyone receive any mail yet from IAI regarding student membership?

hey guys.. I am B.Tech(Computer Science:2009) graduate and did MBA (Finance :2011) and currently working as an Analyst in an International Bank. I am planning to take ACET June 2014 exam. I have some doubts regarding this.

1. What materials do I need to follow to crack ACET other than IAI study materials?
2. Do any sort of coaching will be necessary for cracking ACET?
3. What is the career prospects of a Student member after clearing ACET. This doubt is because when I searched for Actuary jobs in Bangalore for student members, I am not able to find much.😟😟

Can anyone help me which keyword should I use when I am searching for jobs (i am currently using

key words as Actuary, Acturial Science, Actuarial Analyst etc in Naukri, Times, Indeed etc.) Is there any other sites other than this who post job opportunities for Actuarial trainees..


Pls Pls Pls help me embarrasedembarrasedembarrasedembarrased.. I am in total confusion..I want to do this, but I am afraid because I am not seeing much job options in Bangalore...


Hey Guys, Any communication from ActEd about confirmation for receiving the application and the procedure to apply for the May exams.πŸ˜‰ πŸ˜‰

SUBJECT CHOICE CONFUSION...Following is the data for May ones.

SUBJECT PASSED TOTAL PASS PERCENT

CT 7 249 556 44.78417266

CT 3 236 734 32.15258856

CT 2 121 595 20.33613445

CT 6 57 281 20.28469751

CT 1 156 801 19.47565543

CT 5 62 360 17.22222222

CT 8 31 207 14.97584541

CT 4 28 252 11.11111111



I did receive the confirmation of IAI regarding student memebership. Can anyone tell me if there will be much difference between the study material of 2013 and 2014(I want to give only CT1 this may)? Also what is the total no. of pages in CT1's study material(approx.)?

I have cleared ACET in dec-2013 and recently got the confirmation of my membership from IAI. However on logging in the website I dont see any option for exam registration for may 2014 diet. So do I have to first purchase the study material and then the option for exam registration will open up?? or the exam registration for may 2014 diet will take place later??

Hi

Can anyone please let me know 1) number of chapters 2) what is the level of complexity and 3) total number of pages are there in CT3 paper?

Also for aspirants of May 2014 batch, has anyone bought the materials - I in fact called Ms Nilima Kadam and she asked me to wait.

Guys wanted to know about CT7 study material. Confused about IAI saying that they are short of books written by John Sloman, Kevin Hinde and Dean Garratt.

So needed to know "the above said textbooks also require to prepare for CT7 or IAI material is sufficient". And where do i get those textbooks. As per IAI i can read through Athens Portel but it offers only 8% of total pages of the textbook to print or download.
What to do........😠😠


jusst like that 😁

anyone from chennai here taking actuarial sci???

guys how many papers are you going to sit this may?and what are they? what are the best combinations?

i received my identity card today, but i am not clear about photo attestation, whether I have to sign across the photo or the person(BANK MANAGER) from whom I am getting my id attested has to sign across the photo?


Can someone please help me with the ACET pattern and other details. How do we select subjects etc

Is ACET exam separate from the individual subjects CT* ?

Any help will be highly appreciated. πŸ˜ƒ