The Actuarial Common Entrance Test (ACET) is a competitive entrance exam conducted by the Institute of Actuaries of India (IAI) for admission to the Actuarial Science courses in India. The IAI is the professional body responsible for regulating and promoting the actuarial profession in India.
Actuarial Science is a field that involves the application of mathematical and statistical methods to assess, analyze, and manage risks, particularly in the fields of insurance, finance, pensions, and investments. Actuarial scientists use their expertise to analyze data, model uncertain events, and make predictions to help organizations make informed decisions regarding financial planning, risk management, and more.
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