It focuses on a systematic study of the environment in which the company operates and analyzes the impacts and challenges of open and global economies. It contributes with experiences on taking advantage of opportunities arising in various contexts with the aim of helping business managers in defining strategies in changing environments.


Rafael Ramírez de Alba López

Professor and Chair of the Economic Environment Department

  • MBA specialized in Finance, Columbia Business School, New York.
  • BA in Economics, Universidad Panamericana, Mexico City.
  • Chairman of the Board of Directors, Grupo Al-Con (Real Estate).
  • Member of the Board of XBA Strategic Business Advisor (Tech).
  • Member of the Board of IPADE Business School, 2014-2020.
  • Director of debt originations at GE Real Estate, 2007-2011.
  • Business Development Director for the residential mortgage business of GE Money Mexico, 2004-2007.
  • Consultant to several companies in projects related to strategy, finance, and digital transformation.
  • Associate in the Investment Banking Division, Latin America Advisory Group of Goldman, Sachs & Co., 2000-2002.
  • Advisor to the CEO of FOVI (currently Sociedad Hipotecaria Federal-SHF) in Banco de México, 1996-1998.
  • Economic foundations of company strategy and digital transformation.
  • Technological change, platforms and ecosystems, artificial intelligence, and market design.
  • Financial economics and investing.
  • Financial system, banking, and capital markets.
  • PhD student, Bayes Business School, City, University of London.
  • Financial Analysis, User Decision Analysis, and Investment Analysis from the CCIM Institute.
  • Capital Leadership Development Experience from GE Capital.


Benjamín Alemán Castilla

Professor of Economic Environment Department

  • PhD in Economics, London School of Economics and Political Science (LSE), U.K., 2007.
  • Master of Research in Economics, LSE, U.K., 2005.
  • Bachelor in Economics, Instituto Tecnológico Autónomo de México (ITAM), Mexico, 2002.
  • Founding Partner, Alemán Sandoval Cortés y Asociados, S.C. (ALTTRAC), 2018.
  • Chief Executive, Agencia Reguladora del Transporte Ferroviario (ARTF), Mexico, 2016.
  • Chief Financial Officer, Instituto de Seguridad Social del Estado de México y Municipios (ISSEMYM), Mexico, 2009.
  • Economics Consultant, ALTTRAC, 2018.
  • Head of the Mexican Railroad System Regulatory Agency, ARTF, 2016.
  • Economic Advisor to the Minister of Finance, SHCP, 2012.
  • Chief of Staff to the Minister of Finance, Secretaría de Finanzas del Estado de México, 2010.
  • CFO at ISSEMYM, 2009.


  • Methodological Frameworks to Assess the Effects of Trade on Labour Market Outcomes, background paper for the ILO, 2020.
  • Trade Liberalization, Customs Unions and Labour Market Outcomes: A Cross-Country Analysis, background paper for the ILO, 2013.
  • La reforma estructural del sistema de pensiones del Instituto de Seguridad Social del Estado de México y Municipios, in “Experiencias”, published by the Instituto de Administración
    Pública del Estado de México (IAPEM), 2010.
  • Seguridad Social Sustentable. Evaluación de Reformas Recientes a Sistemas de Pensiones en México y América Latina, Book co-authored with Osvaldo A. Santín Quiroz, Biblioteca
    Mexiquense del Bicentenario, 2009.
  • The Returns to Temporary Migration to the United States: Evidence from the Mexican Urban Employment Survey, CEP Discussion Paper No. 804, LSE, 2007.
  • The Effects of Trade Liberalization on Informality and Wages: Evidence from Mexico, CEP Discussion Paper No. 763, LSE, 2006.
  • International Trade
  • Labour Economics
  • Organization of the Firm & Business Ethics
  • Market Structures and Competition
  • Urban Economics

César Augusto Calderón Barrios

Professor at the Economic Environment Department

  • MSc in Behavioural and Economic Science, University of Warwick, UK, 2019.
  • Bachelor in Administration, Instituto Tecnológico Autónomo de México (ITAM), Mexico,2011.
  • Bachelor in Economics, ITAM, Mexico, 2010.
  • Director of Statistics, Strategic Planning and Special Projects, Comisión Nacional del Sistema de Ahorro para el Retiro or CONSAR (Pension System Regulator), 2016-2018.
  • Adviser to the Chairman, CONSAR, 2014-2016.
  • Economic and Financial Consultant, 2014-present
  • Planning and Development Assistant Director, Mexico Retail Properties (MRP), 2013-2014.
  • Underwriting Analyst, MRP, 2011-2013.
  • Economic Adviser, Santiago Creel Miranda, 2011.
  • Investment Consultant to the Global Financial Markets team, International Finance Corporation (World Bank), 2009-2011.


  • “The effects of power, benevolence and income on subjective well-being,” Master’s dissertation (Honors), University of Warwick, UK, 2019.
  • “Methodology of the Risk- based Supervision” (co-author), CONSAR, Mexico ,2018.
  • “Empirical evidence of the impact of anchor stores on shopping centres,” ITAM, 2014.
  • Behavioural and experimental economics
  • Business economics
  • Industrial organization
  • Pricing strategies
  • Strategic Planning


Leonel Arias González

Dean Professor at the Economic Environment Department

  • Executive MBA, Instituto Panamericano de Alta Dirección de Empresa (IPADE BusinessSchool).
  • Advanced Management Program, IDE, Escuela de Dirección de Empresas, Ecuador.
  • MBA, Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM).
  • BA in Economics, Universidad Nacional Autónoma de México (UNAM).
  • Director of various EMBA groups, IPADE Business School, 2000-2017.
  • Head and Professor, Economic Environment, IDE, Escuela de Dirección de Empresas, Ecuador, 1998-2000.
  • Independent Consultant to several companies, 1991-1998.
  • Director, Corporate Banking, central district, Banco Internacional, S.N.C., 1990-1991.
  • International Consultant, BID-IICA, Quito, Ecuador, 1989-1990.
  • Director, Credit Operation Studies, Banco Nacional Pesquero y Portuario, S.N.C. BANPESCA, 1987-1988.
  • Assistant Director, Studies and Training, Banco Nacional Pesquero y Portuario, S.N.C. BANPESCA, 1985-1986.
  • General Deputy Director, Fondo Nacional de Estudios y Proyectos (FONEP-NAFINSA), 1983-1985.
  • Competitiveness and economic development
  • Global economy
  • Economic policies
  • Business economics
  • Economic decisions
  • Development and Appraisal of Industrial Projects, German Foundation for International Development.
  • Diploma in Real Estate Administration and Finance, Instituto Tecnológico Autónomo de México (ITAM).
  • Pre-Investment and Consulting Services, BID-CIP, Quito, Ecuador.
  • Economic Appraisal of Investment Projects, Organización de Estados Americanos, OEA- CETREDE.

Juan Carlos Núñez Martínez

Professor at the Economic Environment Department

Director of the Executive Officers Management Program, AD-2, Monterrey Venue

Management Program (D-1), Instituto Panamericano de Alta Dirección de Empresa (IPADE Business School).
Executive MBA, Instituto Panamericano de Alta Dirección de Empresa (IPADE Business School).
BA in Economics, Universidad Panamericana (UP).

Advisor to several public and private institutions.

Balance of payments
Economic outlook
Global economy
Economic statistics

Seminar on ROC Economic Development Experience, Taiwan.
Graduate course in Directive Teaching Process with a specialty in Control, Finance and Economics.
Colloquium on Participant-Centered Learning (CPCL), Harvard Business School.