Raquel M. Gaspar holds a PhD degree in Finance from the Stockholm School of Economics, a Post-graduation degree in Risk Management and Derivatives from IDEFE, Nova Forum and IMC, a Master in Applied Mathematics to Economics and Management from ISEG, and a Bachelor in Economics from Universidade Nova de Lisboa.

Her research mainly focuses on mathematical finance, with special interest in its applications to fixed income markets (credit and interest rate models), risk management, structured products, and portfolio management. It has been presented in academic seminars and conferences worldwide, and published both in academic journals and industry oriented books. She has also been involved in the organization of research seminar series such as ISEG 2S Seminar Series and Lisbon Finance Seminar Series. She collaborates with several academic journals, acting as referee, and belongs to various editorial boards. In particular, she is currently associate editor of the Quarterly Journal of Finance and Accounting (QJFA), and of the European Actuarial Journal (EAJ).

With more than 20 years as experienced lecturer, at various levels - undergraduate, master, PhD and Executive Education - both in Portugal and abroad, she is Associate Professor with Habilitation at ISEG, Universidade de Lisboa, where she is the scientific coordinator of the Master in Finance and belongs to the scientific commission of the Executive Post-graduation in Financial Analysis. 

Besides her academic career, she collaborates with the industry, mainly as consultant, since 1998. Most of her consultancy work is related with structured products and derivatives in general.