Dr. Sci. Svetlozar(Zari) Rachev


M.Sc. in Mathematics, Sofia University, Faculty of Mathematics, July 1974, Thesis: “Reliability of aging systems

Ph.D. in Mathematics, Lomonosov University (Moscow), Faculty of Mechanics and Mathematics,  October 12, 1979, Dissertation: “The structure of the metrics in the space of random variables and their distributions."   

Doctor of Science (Habilitation) in Physics and Mathematics, Steklov Mathematical Institute, Moscow, April 10, 1986. Dissertation: “Probability metrics and their applications to the stability problems for stochastic models"    

Previous Appointment

1974  – 1977:

Mathematican, Mathematical Institute, Bulgarian Academy of Sciences.

1977 – 1979:

Post-graduate Student, Lomonosov University,Faculty of Mechanics and Mathematics, Department of  Probability, Moscow, USSR

1980 – 1984:

Research Fellow, Mathematical Institute, Bulgarian Academy of Sciences.

1984 – 1986:

Senior Research Fellow, Bulgarian Academy of Sciences, and Visiting Senior Research Fellow, Steklov Mathematical Institute, Academy of Sciences of the USSR, Moscow.

1987 – 1987:

John H. Van Vleck,  Visiting Professor, Wesleyan University, Connecticut, and Visiting Associate  Professor, Center for Stochastic Processes, University of North Carolina at  Chapel Hill.

1988 – 1988:

Visiting Associate  Professor, State University of New York at Stony Brook.

1988 – 1998:

Professor, Department  of Statistics and Applied Probability, University of California at Santa  Barbara. (1994-1995, Department Chairman)

1998 – 2010:

Endowed Chair-Professor  of Statistics, Econometrics and Mathematical Finance, School of Economics and Business Engineering, Karlsruhe Institute of Technology

January 2010 – August 2012:

Frey Family Foundation Chair of Quantitative Finance


Fellow of the Institute  of Mathematical Statistics,

Elected Member of the  International Statistical Institute,

Foreign Member of the  Russian Academy of Natural Science,

Honorary Doctor of  Science at  St. Petersburg Technical  University,

Senior Humboldt  Professor Award (1997)


Current Editorial Boards:

Journal of Operational Risk,

Advances in Data Analysis and Classification,

Journal of Computational and Applied Mathematics,

Mathematical Methods in Operations Research,

Probability and Mathematical Statistics,

Computational Analysis and Applications,

Journal of Pure and Appl. Mathematics,

Journal of Applied Functional Analysis,

The Journal of Portfolio Management.

STATISTICS and RISK MODELING with applications in Finance and Insurance

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October 2 at 7:00 pm in Wang 101
October 7 at 6:30 pm in Wang 301
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September 16 at 6:00 pm in Harriman 304
September 24 at 1:00 pm in Harriman 304
October 22 at 1:00 pm in Harriman 304
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