ACET (Institute of Actuaries of India Exams) case studies
ACET · Put your knowledge to work in context.
ACET, the Actuarial Common Entrance Test, is the gateway examination set by the Institute of Actuaries of India for candidates who want to begin the actuarial profession through the Indian route. It is aimed at students and graduates with a strong quantitative bent who intend to register as student members and start working through the professional actuarial examinations. The ACET case studies are 5 cases and about 3,320 words.
1The Fest Booklet Print Quote
The students' union must print 30 copies of a 40-page fest booklet, double-sided, so each copy uses 20 sheets and the job totals 600 sheets (1,200 printed sides). It is 11:30 am and the booklets must reach the venue by 3:30 pm, leaving four hours of printing time.
633 words, about 3 min2The Instagram Library Poll
For three years the library has closed at 9 pm. A student group wants it open until 11 pm during the April exam fortnight and runs a poll on the college's Instagram account: "Should the library stay open till 11 pm?" The poll is live from 10 am to 2 pm on a Wednesday and draws 240 responses; 156 say yes.
638 words, about 3 min3The Fest Surplus Squeeze
The fest treasurer tables these audited figures for the four flagship events, in rupees: Debate revenue 42,000, cost 30,000; Drama revenue 96,000, cost 1,10,000; Music revenue 1,20,000, cost 84,000; Quiz revenue 28,000, cost 22,000. The council must show a net surplus of at least ₹55,000 to fund a transport subsidy for outstation participants, up from the current ₹40,000.
615 words, about 3 min4The Sponsorship Email That Reads Like a Demand
Nikhil, secretary of the fest committee, has to email the CSR head of a bank that gave ₹75,000, the largest sponsorship this year. The bank's logo must appear on the main banner, which the printer will run on Monday evening.
748 words, about 4 min5The Rainwater Tank Business Case
Ravi, a second-year student, proposes a rainwater harvesting tank for the boys' hostel as his service project. The hostel roof is a flat rectangle 18 m by 12 m.
686 words, about 3 min