PAST: Duarte studied in Madrid and Lisbon where he graduated in Telecommunications. He then joined the research staff at the Portuguese Nuclear Authority (1970). In 1977 he moved to Oporto where he worked as Systems Analyst for the Portuguese Electricity Holding (EDP) and for other companies. In 1986 Duarte was appointed Lecturer at the University Institute of Lisbon (ISCTE-IUL). One year later he was sent to the UK (University of East Anglia) as a research student and was awarded the PhD in 1991. In 1995 he was seconded at the University of Macau (China) where he remained until 2001. Next he worked at the University of Algarve in Faro until 2013, teaching also at ISCTE-IUL in Lisbon.

PRESENT: Duarte is a research fellow at the University Institute of Lisbon, having retired from Algarve. He is a visiting professor at universities in Macau. At the undergraduate level Duarte teaches Business courses in Accounting and IS. At the postgraduate level Duarte teaches inter-disciplinary subjects involving Accounting and Finance, requiring mathematics, statistics and econometrics, such as Business Intelligence and Financial Modelling. In addition to teaching, Duarte is also mentoring research in areas such as bank capital requirements under the Basel Accords.