Try our course finder tool

Subject overview

This subject has been discontinued; it will not be available for enrolment after Study Period 5, 2023.

This subject focuses on the application of advanced investment principles to the field of investment advice and management. The subject examines in detail the investment decision making process and investigates the management of more complex portfolios at both the individual and institutional level. The subject also evaluates current portfolio management practices and discusses the common issues encountered when formulating investment policies and making portfolio decisions. As part of the subject assessment, students are tasked with simulated and real-world investment research and decision-making assignments. This provides an important, practical element to students’ learning experience.

For more information, please refer to the subject outline.

Subject information

Learning Outcomes

On successful completion of this subject, individuals should be able to:

  • Develop asset class returns to assess their utility in portfolio management
  • Critically evaluate the different asset allocation approaches and techniques
  • Critically analyse the role that behavioural finance plays in the investment management process
  • Construct an investment policy statement by assessing the objectives and constraints of individual investors.
  • Evaluate the investment objectives of the different types of institutional investors and their respective decision-making processes.
  • Critically analyse the issues that fund managers face in managing portfolios.


Subject Content

Topic 1Setting capital market expectations
Topic 2Asset allocation in practice
Topic 3Behavioural finance and portfolio management
Topic 4Portfolio management issues for individual investors
Topic 5Portfolio management issues in a global context
Topic 6Portfolio management issues for institutional investors
Topic 7Portfolio management execution
Topic 8Applied techniques in performance measurement


Reading list

There is no prescribed text for this subject.

Individuals are provided with key readings and access to Kaplan Professional’s online databases. Individuals are encouraged to research and read widely on the topic.

Reading list


Assessment TypeAssessedWeighting
Task 1 research brief
Group Task 1 Committee Meeting
Week 4
Week 6
Task 2 research brief
Group Task 2 Committee Meeting
Week 8
Week 10
ExamWeek 1240%

Click here for an assessment timetable.

Note: Due to the group tasks there must be sufficient enrolment numbers in order to offer this subject. Should the required numbers not be reached Kaplan Professional will advise students as soon as possible to discuss alternative subject enrolments.

For Study Period 5 2022 onwards:

Assessment TypeAssessedWeighting
Assignment 1 research brief submission

Assignment 1 research brief meeting
Week 4

Week 5
Assignment 2 research brief submission

Assignment 2 research brief meeting
Week 8

Week 9
ExamWeek 1240%

Note: From Study Period 5 2022, this subject will not include any form of group assessment. Students will be required to participate in a meeting with their assessor in weeks 5 and 9 of the study period.

Previous study requirements


The duration of this subject is one study period (12 weeks).


There are no prerequisites for this subject. However, individuals should review the ‘Assumed Knowledge’ tab to understand the prior knowledge Kaplan Professional advises they should hold before enrolling in this subject

Assumed knowledge

Whilst there are no prerequisites for this subject, Kaplan Professional assumes that individuals have completed FIN251 Fixed Income Securities, or understand the content covered in this subject, prior to undertaking FIN306 Applied Portfolio Management.

Course transition subject equivalence

Individuals may not be required to complete this subject if they have transitioned from a SIA/Finsia/Kaplan Professional course and have completed the following subjects:

  • there are no equivalences for this subject.

Programs you might be interested in


Master of Financial Planning

Our online, FAS-approved Master of Financial Planning is a purpose-built higher education qualification set at AQF level 9. It’s designed and developed in consultation with industry experts, and combines advanced technical rigour with practical and relevant performance-focused learning outcomes.

Master of Applied Finance

Leading online degree designed for ambitious and savvy individuals who are looking for advanced academic rigour, but thrive on practical and real-world learning immediately applicable in the workplace, and directly relevant to future career roles. It caters to experienced finance professionals and those transitioning into the field, integrating learning outcomes with pathways for further accreditation such as a CFA®.

Graduate Diploma of Financial Planning

An eight-subject postgraduate qualification set at AQF Level 8 and FAS approved. Includes the first eight subjects of the FAS-approved Master of Financial Planning.

Related articles

Why Australian finance professionals are choosing Kaplan Professional’s Master of Applied Finance | Kaplan Professional

Kaplan Professional's 100% online Master of Applied Finance (MAF) program offers more flexibility, new specialisations and new subjects.

How to prepare for an online proctored exam

With online courses being one of the most convenient ways to study, online proctored exams have also become a popular option among education providers and students.

Fitting postgraduate study into a busy life

In this article, we’ve put together some tips for balancing study and work to help guide you.