Dr Diana Morales

  • Lecturer in Corporate Finance and Banking (Accounting & Finance)


Diana Morales-Arenas holds a PhD in Finance from Tilburg University, an MSc in Finance from Tilburg University, an MSc in Finance from Bocconi University and a BSc in Actuarial Science from ITAM. Diana’s research interests lie in the fields of Banking, access to financial services, financial system, financial regulation, financial stability, and systemic risk.

Diana was part of the research unit at the Central Bank of Mexico. She joined a summer research project at the Bank for International Settlements (BIS) and the trainee research program from the National Bank of Belgium (NBB). Diana is a junior research fellow from the European Banking Center (EBC) of Tilburg University.

Research interests

Areas of expertise:

  • Banking
  • Access to financial services
  • Financial system
  • Financial regulation
  • Financial stability
  • Systemic risk
  • Risk management


  • Bank lending
  • Firms financing
  • Trade credit
  • Alternative sources of financing granted to firms


  • Statistical Analysis and Methods
  • International Financial Management
  • Quantitative Finance
  • Financial System

Additional information

  • 2016: Project selected for the trainee program, National Bank of Belgium
  • 2009-2011: Fellowship, Donna Javotte, Bocconi University
  • 2006: Fellowship grant, International Monetary Fund
  • 2006: One of two Mexican representatives in Brazil, International Monetary Fund
  • 2004: Winner of the trainee associate program of Banamex Citigroup
  • 2000: One out of ten top-grade students at national level, Letter from the General Secretary