Stony Brook Faculty Directory

Svetlozar RachevVisiting ProfessorApplied Mathematics and StatisticsCollege of Engineering and Applied Sciences
Biography
Svetlozar Rachev works in the field of mathematical finance probability theory and statistics, and is one of the world’s foremost authorities in the application of heavy-tailed (larger probability of getting very large values) distributions in finance. He created an algorithm that is a statistically highly accurate risk analytics methodology to model and measure financial risks. He is the author of 14 books and over 300 published articles on finance, econometrics, probability, statistics, and actuarial science.
Education
- PhD, Lomonozov Moscow State University
- DrSci, Steklov Mathematical Institute
- MSc, Sofia University