Guillermo Baquero

Guillermo Baquero is professor of management practice at ESMT European School of Management and Technology and is the faculty lead of the Master in Global Management Program. He was appointed as the faculty lead of the Master in Management Program from 2014-2024. He joined ESMT in September 2007 part-time as an affiliate scholar and was appointed to ESMT's full-time faculty in January 2008. In January 2011 Guillermo was promoted to the associate professor position. He received his PhD in Finance from the Erasmus University in 2006.

Guillermo holds an MBA from the Université Catholique de Louvain and an MS in Economics from the Katholieke Universiteit Leuven, which are both in Belgium. He received his BS in Mechanical Engineering in 1994 from Escuela Politécnica del Ejército–in Quito, Ecuador, which is where he was born.

Guillermo’s research has focused on the persistence of hedge funds and mutual funds, the behavior of hedge fund investors, behavioral finance and experimental economics. More specifically, he concerns himself with two issues: the strategic interaction between investors and fund managers under asymmetric incentive schemes; and the effect of divergent time preferences between investing and divesting. He was awarded the prize for the best paper on hedge funds at the European Finance Association meetings in Zurich in 2006.

Guillermo teaches MBA and EMBA courses at ESMT in Corporate Finance, International Finance and Data Analysis. Furthermore, he has taught a number of graduate and undergraduate courses in Investments, Behavioral Finance and Corporate Finance both at the Rotterdam School of Management and at FLACSO-Ecuador.

Guillermo speaks English, Spanish, French, and Portuguese fluently.