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Important Dates

Important Dates - Acet February 2020

  • Registrations Start - 05th December 2019
  • Registrations Close - 28th January 2020
  • Date Of Exam - 29th February 2020 (10:00am To 1:00pm)
  • Date Of Results - 7th March 2020
  • Last Date To Take Student Membership Admission (If Wants To Appear For June 2020 Examination)- 09th April 2020

Eligibility Criteria

Anyone pursuing

Minimum 10+2 up to PhD in Maths or Statistics

Sciences like Math, Statistics, Econometrics etc

Engineering, Management, Chartered Accountant

Cost Accountant or Company Secretary


Who is an Actuary & What they do?

An Actuary is a business professional who analyses the financial consequences of risk. A global profession that is recognized in most countries, attracting competitive salaries globally. As per section 2 (a) of Actuaries Act, 2006: “Actuary” in India means a Fellow Member of the Institute of Actuaries of India.

  • Actuaries analyse financial consequences of risk
  • Actuaries apply Maths, Statistical and Business techniques
  • Actuary involves Inter relation of Maths, Statistics, Finance, Computer science, Economics and Probability theory
  • Actuaries calculate, predict, and model the probability of future events affecting business. For example, life and motor insurance premiums you pay area based actuarial calculations

Why Be an Actuary?

Based on Glassdoor’s findings, Actuaries are amongst the top 25 professionals with the highest salaries across the world. It is also one of low stress jobs with a pretty well-balanced work-life equation.

  • A global rewarding career
  • Wide scope as actuaries are employed in wide areas and across industries
  • Core areas are Insurance, Banking, Finance, Data science and analytics, Enterprise risk managers, Government, Pensions and Investments
  • Highly regarded and respected profession

Career Opportunities

Life Insurance

General Insurance

Health Insurance

Reinsurance Companies

Retirement Benefits with Pension Funds





Risk Management

Data Science



The Institute of Actuaries of India (IAI)

Institute of Actuaries of India is Statutory body established under The Actuaries Act 2006 (35 of 2006) for regulation and development of the profession of Actuaries in India.

The main objects of the Institute are

  • To promote, uphold and develop the standards of professional education, training, knowledge, practice and conduct amongst Actuaries
  • To promote the status of the Actuarial profession
  • To regulate the practice by the Members of the profession of Actuary
  • To promote, in the public interest, knowledge and research in all the matters relevant to Actuarial Science and its application



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Actuarial Profession

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21st GCA & AGFA 2020