Luis Jacob Escobar Saldívar

Luis Jacob Escobar Saldívar has developed his professional career in companies such as Auric Consulting, Ternium, FEMSA, MSCI, Afore InverCap, and Púrpura Analytics, in areas related to portfolio and risk management, financial markets, data science, quantitative research, project coordination, and strategic planning. In the academic field, he has been a professor at Tecnológico de Monterrey since 2015, where he has taught courses on Financial Engineering, Econometrics, Business Analytics and Data Science, Risk and Portfolio Management, Derivatives, Financial Markets, and Corporate Finance. In 2020, he was a visiting professor at Trinity University in San Antonio, Texas. He was the first director of the Master in Business Analytics program at EGADE Business School in 2021 and resumed leadership of the program in 2025. Among the recognitions he has received from Tecnológico de Monterrey are: Intellectual Vitality, Service and Leadership (2019), inclusion in the Circle of Distinguished Professors (2020), and the Teaching Excellence and Inspiring Professor Award (2024).

Data Analytics Postgraduate Degree 
University of Texas in San Antonio 

PhD in Business Administration with Specialization in Finance 
EGADE Business School 

Master of International Finance 
Instituto Español de Analistas Financieros 

MSc in Quality and Productivity with Specialization in Operations Research 
Tecnológico de Monterrey 

Mechatronic Engineering with Specialization in Manufacturing Systems 
Tecnológico de Monterrey

1. Escobar-Saldívar, L. J., Villarreal-Samaniego, D., & Santillán-Salgado, R. J. (2025). The Effects of ESG Scores and ESG Momentum on Stock Returns and Volatility: Evidence from U.S. Markets. Journal of Risk and Financial Management, 18(7), 367. https://doi.org/10.3390/jrfm18070367 

2. Villarreal Samaniego, Jesús Dacio; Santillán-Salgado, Roberto Joaquín; Escobar Saldívar, Luis Jacob. (2022). The Global Automotive Industry Stock Returns During the COVID-19 Pandemic. REMEF, 17(4). https://doi.org/10.21919/remef.v17i4.800 

3. Santillán-Salgado, R. J., Escobar-Saldívar, L. J., Herrera-Lopez, F. (2020). Optimal Hedge Ratios for the Mexican Stock Market Index Futures Contract: A Multivariate GARCH Approach. Economía: Teoría y Práctica. UAM, 53, 201-238. http://dx.doi.org/10.24275/ETYPUAM/NE/532020/Santillan 

4. Santillán-Salgado, R. J., Nuñez-Mora, J. A., Aggarwal, R., Escobar-Saldívar, L. J. (2019). Exchange Rate Exposure of Latin American Firms: Empirical Evidence. Journal of Multinational Financial Management. Science Direct, 51, 80-97. https://doi.org/10.1016/j.mulfin.2019.03.001 

5. Santillán Salgado, R. J., Ulin-Lastra, M. G., Escobar Saldívar, L. J. (2018). Polls, Prediction Markets, and Financial Variables. REMEF. IMEF, 13 (3). http://dx.doi.org/10.21919/remef.v13i3.325 

6. Santillán Salgado, R. J., Escobar Saldívar, L. J., Gurrola Ríos, C. (2015). Cointegración entre las principales bolsas de Europa Continental en presencia de rompimientos estructurales (1999-2014). Contaduría y Administración. UNAM, 60 (S2). http://dx.doi.org/10.1016/j.cya.2015.08.013 

7. Flapper, S.D.P., González-Velarde, J. L., Smith, N. R., Escobar-Saldívar, L. J. (2010). On the optimal product assortment: Comparing product and customer-based strategies. International Journal of Production Economics, Science Direct, 125 (2010). https://doi.org/10.1016/j.ijpe.2010.01.017 

8. Escobar-Saldívar, L. J., Smith, N. R., González-Velarde, J. L. (2008). An approach to product variety management in the painted sheet metal industry. Computers and Industrial Engineering. Science Direct, 54 (3). https://doi.org/10.1016/j.cie.2007.08.009