Victor DeMiguel
Professor of Management Science and Operations
MSc (Madrid), MSc, PhD (Stanford)
Professor Victor DeMiguel’s research focuses on the use of machine learning and AI in portfolio optimisation and asset pricing, with particular emphasis on parameter uncertainty and trading costs. His work addresses practical challenges in quantitative investment management and has established him as a leading scholar in his field.
Professor DeMiguel is an accomplished educator who teaches MBA courses in Business Analytics and Financial Analytics. He has received multiple teaching recognitions throughout his career, including the Junior Faculty Teaching Award and the Outstanding Core Course Teaching Award, reflecting his commitment to excellence in business education.
With over two decades of experience at London Business School, Professor DeMiguel has established a distinguished academic career. His research has been published in leading journals including Journal of Finance, Review of Financial Studies, Journal of Financial Economics, and Management Science. He is an active contributor to academic and practitioner communities, regularly speaking at conferences on quantitative investment management and serving on editorial boards for top-tier journals. He has also provided consulting services to several financial institutions.
Academic and professional experience
Professor of Management Science and Operations, London Business School (2012-)
Chair, Management Science and Operations Faculty, London Business School (2014-17)
Class of 2008 Term Associate Professor of Management Science and Operations, London Business School (2009-12)
Associate Professor of Management Science and Operations, London Business School (2008-12)
Assistant Professor of Management Science and Operations, London Business School (2001-08)
Awards and honours
Management Science Distinguished Service Award (2022, 2024, 2025)
Winner of the Bates-White Best Paper Award at SoFiE Conference for “Asset-Pricing Factors with Economic Targets” (2023)
Winner of the INFORMS Finance Student Paper competition for “Asset-Pricing Factors with Economic Targets (2023)
Nominated for INFORMS Finance Student Paper Award for "Which Factors with Price-Impact Costs" (2020)
Best Paper Award at the XXIV Finance Forum for "A Portfolio Perspective on the Multitude of Firm Characteristics" (2016)
Meritorious Service Award from Operations Research editorial board (2013)
Outstanding Core Course Teaching Award, London Business School (2009)
Best Paper Award at the 2005 seminars of INQUIRE-UK for "How Inefficient is the 1/N Asset-Allocation Strategy?" (2005)
Junior Faculty Teaching Award, London Business School (2004)
Teaching portfolio
Our teaching offering is updated annually. Faculty and programme material are subject to change.