Enrique Ter Horst

Enrique Ter Horst is an Associate Professor in the Faculty of Management at Universidad de los Andes, Colombia, affiliated with the Finance department. His research spans quantitative finance, Bayesian statistics, sentiment analysis, and interdisciplinary applications in marketing, psychology, and public policy. He teaches courses such as Derivatives Markets, Multivariate Models, and Computational Methods in Finance at both undergraduate and graduate levels.

• PhD in Bayesian Statistics, Duke University, 2003
• Maitrise de Sciences Economiques, Université Louis Pasteur, 1999
• Licence d'Économétrie, Université Louis Pasteur, 1998

Ter Horst's research focuses on developing advanced statistical and machine learning models, particularly using Bayesian frameworks and maximum entropy methods. His work applies to diverse domains including financial risk modeling, art market analysis, climate change news impact, and brand ethics. He has made significant contributions to understanding sentiment-driven portfolio hedging, brand commitment during crises, and topic modeling in academic publishing.

His recent publications (2020–2025) reveal a strong trend in applying Bayesian and entropy-based methods to interdisciplinary problems, especially in finance, marketing, and social media analytics. He frequently employs computational techniques such as multinomial inverse regression and deep reinforcement learning to analyze large-scale textual and financial data.

• Financial Risk Manager (GARP)
• Secretary, Economics, Finance and Business Section, ISBA (2015–2016)

Ter Horst advises doctoral students such as Manuel Andrés Martínez Patiño and has previously mentored Jovelyn Ferrer Garcia. His industry experience includes quantitative research roles at Credit Suisse First Boston and Morgan Stanley, where he co-edited the 'Quant Strategist' research series. He has consulted for the European Central Bank, Eurostat, and the Inter-American Development Bank. He is a member of the Finance and Financial Economics research group at Uniandes, which supports collaborative work in asset pricing, risk management, and behavioral finance.