
Start
April & October 2025
Tipo:
Continuing Education

Mode:
Online

Duration:

Exams:
Online


Do you want to learn how to invest like the managers of the most successful portfolios?
Son muchos los que piensan que la bolsa es un casino y que la rentabilidad y el riesgo elevados están necesariamente unidos. O que la renta fija es siempre la inversión más segura, pero quizá olvidan que esta puede ser la primera víctima de la inflación. Nosotros, como tú, estamos convencidos de que se pueden lograr buenas rentabilidades medias anuales sin tener que asumir elevados riesgos. Por eso hemos diseñado este máster, con doble titulación de la Universidad de las Hespérides y OMMA Business School Madrid, para todos aquellos que quieran aprender a invertir en renta variable minimizando el riesgo. Así que si quieres alcanzar nuevos niveles como inversor, con un sólido conocimiento de los mercados, este es el máster indicado para ti.
"Utilizamos la metodología de Value Investing, que ha demostrado ser una de las más efectivas a lo largo de la historia. Esta estrategia consiste en analizar el valor real de las inversiones y comprarlas cuando cotizan con un descuento respecto a ese valor."
"Utilizamos la metodología de Value Investing, que ha demostrado ser una de las más efectivas a lo largo de la historia. Esta estrategia consiste en analizar el valor real de las inversiones y comprarlas cuando cotizan con un descuento respecto a ese valor."
Máster en Value Investing y Teoría del Ciclo - Alejandro Muñoz
Learn more about our program.
This master's degree has an innovative program that combines Value investingValue investing strategies and principles from the Austrian School of economics and liquidity theory. We'll help you see what other investors often overlook, share with you the combination of ideas that has worked for us and other top value investors, and give you the tools and fundamentals you've been looking for to understand the markets and achieve financial independence.
A solid foundation
You will acquire a solid foundation in economic theory and investment analysis
Sobre casos reales
You will work on concrete cases of possible investments, applying tools that facilitate your decision-making.
Con los mejores
Your professors are known for their outstanding work as analysts and investment fund managers.
Our students'
experiences:

"My master’s program has been a beacon in the midst of the storm."
Ricardo Aguilaniedo
Master's student in Value Investing and Business Cycle Theory
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"I have found a job where I am applying the knowledge I gained."
Ana Gomez
Master's student in Value Investing and Business Cycle Theory
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"Thanks to the master's program, I ended up working as an analyst at Equam Capital."
Rodrigo Regidor Gutiérrez
Master's student in Value Investing and Business Cycle Theory
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"An extraordinary experience that has greatly contributed to my education and provided me with the tools to invest responsibly and successfully."
Álvaro Vargas Llosa
Master's student in Value Investing and Business Cycle Theory
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model:
Our endorsements:

In this master's degree, one will learn about the economic process and its institutions to elevate the well-being of individuals in society.
Álvaro Guzmán de Lázaro -Speaker

A master's degree that helps you understand how the economy works and invest correctly in the stock market. A unique combination.
Francisco García Paramés -Speaker

Whoever pursues this master's degree will have the security of understanding the economic cycle and using it to their advantage to generate optimal profitability in their investments.
Alejandro Muñoz - Director of Master's in Value Investing and Business Cycle Theory
Conoce a nuestros profesores y conferenciantes:
What sets our faculty apart? Our professors are experts in value investing, who have spent years working in the industry as analysts, managers and private investors. You will learn from their accumulated experience deciding every day where to place large volumes of capital successfully. Alongside them, you will become familiar with the analysis tools that professionals use in real-world and train yourself to identify the opportunities offered by the stock market.

Francisco Garcia Paramés
Graduate in Economics and MBA from IESE, he is the president and director of Cobas Asset Management. Recognized as one of Europe's leading value investors, he has over 30 years of professional experience, with a track record that places him among the top performers in terms of profitability. His investment style, based on value investing principles and Austrian business cycle theory, identifies him as a follower of Warren Buffett. He is the author of Invirtiendo a largo plazo, where he explains his investment methodology.

Fernando Bernad
Graduate in European Business summa cum laude from ICADE and Northeastern University. Partner and co-director of investments at Azvalor Asset Management. He began his career at Value Management & Research (Frankfurt) and worked at BNP Paribas, Banesto, and Interdin before joining Bestinver Asset Management in 2007. In 2015, he co-founded Azvalor, where he leads the investment strategy alongside Álvaro Guzmán de Lázaro.

Álvaro Guzmán de Lázaro
Licenciado en Administración y Dirección de Empresas por ICADE (Universidad Pontificia Comillas) y CFA charterholder. Consejero delegado y codirector de inversiones en Azvalor Asset Management, gestora que fundó en 2015. Comenzó su carrera en Arthur Andersen y Bankers Trust, especializándose después en value investing como analista en Value Management & Research (Fráncfort). Trabajó en Beta Capital y Banesto Bolsa antes de incorporarse a Bestinver Asset Management en 2003, donde permaneció hasta 2014.

Alejandro Muñoz
Graduate in Law and Business Administration from Universidad Pontificia de Comillas, with a Master's in Economic Policy from Universidad Rey Juan Carlos. Founder and manager at Equam, he has extensive experience in equity management and sector analysis. He currently directs the Master's in Value Investing and Business Cycle Theory at Universidad de las Hespérides.

Javier Ruiz
Graduate in Economics from Universidad de Salamanca and holder of a Master's in Finance from Universidad Pontificia Comillas (ICADE). A Certified Financial Analyst (CFA) since 2011, he previously worked at DWS Investments, Credit Suisse, and Metagestión as Investment Director. He currently heads the investment strategy at Horos Asset Management and teaches in specialized programs on Value Investing and Business Cycle Theory.

Mario de la Fuente
Chief Financial Officer at Bestinver since 2015, where he previously served as Director of Risk Management and Regulatory Compliance from 2006. He has worked at Arthur Andersen-Deloitte and as Director of Management Control at Avanzit-Ezentis. Since 2011, he has been teaching Value Investing and Accounting in master's programs at ICADE-Comillas, IEB, and OMMA. He holds a degree in Commercial Management and Marketing from ESIC, a Bachelor of Science in Business Administration from FAU (USA), an Executive MBA from EOI, and a GEP from IE.
What will you be able to dedicate yourself to?
Upon completing this Master's in Value Investing and Business Cycle Theory, you will have a deep understanding of various investment paradigms that will become your tools and foundation to successfully enter the stock market. You can do it independently or also work as a financial analyst, portfolio manager, financial advisor, investment fund manager, among others. Moreover, you will be able to apply for management positions in banks, insurance companies, or financial consulting firms.
¿Quieres ver lo que serás capaz de hacer después de finalizar el Máster en Value Investing?
Proyectos de fin de máster de nuestros alumnos
Novo Nordisk
Rubén Hernández
SONAE
Luis Morgado
Shire
Alfonso Guerra
Novo Nordisk
Rubén Hernández
SONAE
Luis Morgado
Shire
Alfonso Guerra
Howden Joinery Group
Nerea Gorrochategui
Brenntag AG
Santiago Martínez Yubero
Mediaset
Marcos Escudero
Howden Joinery Group
Nerea Gorrochategui
Brenntag AG
Santiago Martínez Yubero
Mediaset
Marcos Escudero
Thor Industries Inc.
César García
Thor Industries Inc.
César García
Our methodology:
Download
The brochure

Steps to enroll:
1
Inform yourself of the access requirements and fill out the admission application.
2
We will be in touch with you.
3
Send us the documentation that we will request from you
4
You will be given a personal interview and the Admissions Committee will evaluate your admission
5
We will communicate our admission decision to you.
Information about financing:

You need help to finance your studies? In . h You can opt for favorable financing conditions.
Start of activities:
El comienzo de los programas está condicionado a la resolución normativa pendiente, programada para el 6 de marzo.
Visit our
campus
In . h We were born as innovators and a good example of this is our hybrid campus. Yes, just like you hear it, because in our virtual headquarters you will be able to interact in real time with students, teachers, and administrative staff.


In addition, you will have two physical locations at your disposal, one in Santa Cruz de Tenerife and another in Las Palmas de Gran Canaria, where academic seminars and meetings take place. We're looking forward to seeing you!