{"id":2,"date":"2020-02-25T16:31:00","date_gmt":"2020-02-25T22:31:00","guid":{"rendered":"https:\/\/dev-masterapp.emwdev.com\/?page_id=2"},"modified":"2026-04-22T09:54:21","modified_gmt":"2026-04-22T14:54:21","slug":"home","status":"publish","type":"page","link":"https:\/\/www.math.ttu.edu\/~srachev\/","title":{"rendered":"Home"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; next_background_color=&#8221;#f7f7f7&#8243; admin_label=&#8221;Hero Section&#8221; _builder_version=&#8221;4.16&#8243; background_color=&#8221;#9f9f9f&#8221; use_background_color_gradient=&#8221;on&#8221; background_color_gradient_stops=&#8221;rgba(0,0,0,0.4) 0%|rgba(0,0,0,0.4) 100%&#8221; background_color_gradient_overlays_image=&#8221;on&#8221; background_color_gradient_start=&#8221;rgba(0,0,0,0.4)&#8221; background_color_gradient_end=&#8221;rgba(0,0,0,0.4)&#8221; background_enable_image=&#8221;off&#8221; custom_padding=&#8221;3.3%||6%||false|false&#8221; bottom_divider_style=&#8221;slant&#8221; bottom_divider_height=&#8221;60px&#8221; global_colors_info=&#8221;{}&#8221; background_color_gradient_direction__hover=&#8221;180deg&#8221; background_color_gradient_direction__hover_enabled=&#8221;180deg&#8221; background_color_gradient_start_position__hover=&#8221;0%&#8221; background_color_gradient_start_position__hover_enabled=&#8221;0%&#8221; background_color_gradient_end_position__hover=&#8221;100%&#8221; background_color_gradient_end_position__hover_enabled=&#8221;100%&#8221; background_color_gradient_stops__hover=&#8221;rgba(0,0,0,0.4) 0%|rgba(0,0,0,0.4) 100%&#8221;][et_pb_row column_structure=&#8221;2_3,1_3&#8243; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;2_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Hero Section Title&#8221; _builder_version=&#8221;4.16&#8243; text_font=&#8221;Poppins|300|||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; text_font_size=&#8221;20px&#8221; text_line_height=&#8221;1.3em&#8221; header_font=&#8221;Montserrat|600||on|||||&#8221; header_font_size=&#8221;50px&#8221; header_letter_spacing=&#8221;3px&#8221; header_line_height=&#8221;1.3em&#8221; header_2_font=&#8221;Montserrat|700||on|||||&#8221; header_2_text_color=&#8221;rgba(255,255,255,0.6)&#8221; header_2_font_size=&#8221;80px&#8221; header_2_letter_spacing=&#8221;3px&#8221; header_2_line_height=&#8221;1.1em&#8221; text_orientation=&#8221;center&#8221; background_layout=&#8221;dark&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||2px|||&#8221; custom_padding=&#8221;21px|||||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_slide=&#8221;5%&#8221; header_font_size_tablet=&#8221;&#8221; header_font_size_phone=&#8221;20px&#8221; header_font_size_last_edited=&#8221;on|phone&#8221; header_2_font_size_tablet=&#8221;&#8221; header_2_font_size_phone=&#8221;28px&#8221; header_2_font_size_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Hello, I Am<\/h2>\n<h1>Dr. Svetlozar Todorov Rachev<\/h1>\n<p>[\/et_pb_text][et_pb_text admin_label=&#8221;Title&#8221; _builder_version=&#8221;4.16&#8243; text_font=&#8221;Montserrat|300|||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; text_font_size=&#8221;18px&#8221; text_line_height=&#8221;1.8em&#8221; link_font=&#8221;|600|||on|||#24a0ff|solid&#8221; link_text_color=&#8221;#FFFFFF&#8221; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;Montserrat|600||on|||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_text_color=&#8221;#FFFFFF&#8221; header_2_font_size=&#8221;30px&#8221; text_orientation=&#8221;center&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||40px|&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_intensity_slide=&#8221;20%&#8221; animation_starting_opacity=&#8221;100%&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p>Svetlozar (Zari) Todorov Rachev is a Bulgarian mathematician who works in <a href=\"#\">mathematical finance<\/a>, <a href=\"#\">probability theory<\/a>, and <a href=\"#\">statistics<\/a>. He is known for his work in probability metrics, derivative pricing, financial risk modeling, and econometrics. In the practice of risk management, he is the originator of the methodology behind the <a href=\"#\">flagship product of FinAnalytica<\/a>.<\/p>\n<p>[\/et_pb_text][et_pb_button button_url=&#8221;https:\/\/www.math.ttu.edu\/~srachev\/wp-content\/uploads\/2026\/04\/Zari_Rachev_CV_for_Horn_Professorship_Complete_April_2026.pdf&#8221; url_new_window=&#8221;on&#8221; button_text=&#8221;View Curriculum Vitae&#8221; button_alignment=&#8221;center&#8221; _builder_version=&#8221;4.27.6&#8243; custom_button=&#8221;on&#8221; button_text_size=&#8221;16px&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#9f9f9f&#8221; button_border_width=&#8221;0px&#8221; button_letter_spacing=&#8221;2px&#8221; button_font=&#8221;Montserrat|600||on|||||&#8221; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;12px|80px|12px|80px|false|true&#8221; animation_style=&#8221;fade&#8221; hover_enabled=&#8221;0&#8243; button_letter_spacing_hover=&#8221;2px&#8221; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;on&#8221; button_letter_spacing__hover=&#8221;2px&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221; sticky_enabled=&#8221;0&#8243;][\/et_pb_button][\/et_pb_column][et_pb_column type=&#8221;1_3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_image src=&#8221;https:\/\/www.math.ttu.edu\/~srachev\/wp-content\/uploads\/2022\/09\/ZRachev-photo-scaled.jpeg&#8221; title_text=&#8221;Arbeitstitel: Portrait Prof. Dr. Svetlozar T. Rachev.&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||14px|||&#8221; border_radii=&#8221;on|10px|10px|10px|10px&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_image][et_pb_text admin_label=&#8221;Title&#8221; _builder_version=&#8221;4.16&#8243; text_font=&#8221;Montserrat|300|||||||&#8221; text_text_color=&#8221;#FFFFFF&#8221; text_line_height=&#8221;1.8em&#8221; link_font=&#8221;|600|||on|||#f46624|solid&#8221; link_text_color=&#8221;#FFFFFF&#8221; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;Montserrat|600||on|||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_text_color=&#8221;#FFFFFF&#8221; header_2_font_size=&#8221;30px&#8221; text_orientation=&#8221;center&#8221; max_width=&#8221;800px&#8221; module_alignment=&#8221;center&#8221; custom_margin=&#8221;||14px|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_intensity_slide=&#8221;20%&#8221; animation_starting_opacity=&#8221;100%&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><strong>Department of Mathematics and Statistics<\/strong><br \/><strong>Texas Tech University<\/strong><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; admin_label=&#8221;About Section&#8221; module_id=&#8221;recentstudents&#8221; _builder_version=&#8221;4.16&#8243; background_color=&#8221;#f7f7f7&#8243; custom_padding=&#8221;51px||76px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row admin_label=&#8221;Section Title&#8221; _builder_version=&#8221;4.16&#8243; custom_margin=&#8221;|||&#8221; custom_padding=&#8221;27px|0px|27px|0px&#8221; locked=&#8221;off&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Title&#8221; _builder_version=&#8221;4.16&#8243; text_font=&#8221;|300|||||||&#8221; header_font=&#8221;||||||||&#8221; header_2_font=&#8221;Montserrat|300||on|||||&#8221; header_2_text_align=&#8221;center&#8221; header_2_font_size=&#8221;38px&#8221; custom_margin=&#8221;||5px|&#8221; custom_padding=&#8221;||15px|||&#8221; animation_style=&#8221;slide&#8221; animation_direction=&#8221;top&#8221; animation_intensity_slide=&#8221;20%&#8221; animation_starting_opacity=&#8221;100%&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>Recent <span style=\"color: #24a0ff;\"><strong>Students &amp; Postdocs<\/strong><\/span><\/h2>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=&#8221;1_2,1_2&#8243; admin_label=&#8221;Service Area&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;Ph.D. Students of Svetlozar Rachev&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;&#xf501;||fa||900&#8243; icon_color=&#8221;#898989&#8243; icon_placement=&#8221;left&#8221; image_icon_width=&#8221;21px&#8221; _builder_version=&#8221;4.16&#8243; header_font=&#8221;Montserrat|700|||||||&#8221; header_font_size=&#8221;20px&#8221; body_font=&#8221;||||||||&#8221; body_font_size=&#8221;16px&#8221; body_line_height=&#8221;1.8em&#8221; animation_style=&#8221;fold&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_fold=&#8221;20%&#8221; animation_starting_opacity=&#8221;100%&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_blurb][et_pb_toggle title=&#8221;Click to View&#8221; open_toggle_text_color=&#8221;#9f9f9f&#8221; open_toggle_background_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;#FFFFFF&#8221; _builder_version=&#8221;4.27.4&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#9f9f9f&#8221; title_font=&#8221;Montserrat|700||on|||||&#8221; body_font=&#8221;Poppins|300|||||||&#8221; border_width_all=&#8221;5px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li>Ali Muqadas Jaffri\u00a0(Texas Tech University, Dept. of Economics)<\/li>\n<li>Prachi Chaturvedi (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Bessy Athanasopoulos (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Bertrand Gamrowski (Ecole Polytechnique, Paris)<\/li>\n<li>Thomas Kozubowski (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Anna Panorska (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Benny Cheng (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Chufang Wu (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Vera Haynatzka (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Seonkoo Han (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Norbert Schumacher (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Irina Khindanova (UCSB, Departments of Economics)<\/li>\n<li>Yesim Tokat (UCSB, Departments of Economics)<\/li>\n<li>Biliana Bagasheva (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Anna Chernobai (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Alex Vollert (University of Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Christian Peter (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Lorena Vinueza (Karlsruhe, School of Economics and Business Engineering) \u00ec<\/li>\n<li>Stefan Trueck (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Christian Menn (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Stefan Woerner (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Dylan D\u2019Souza (UCSB, Departments of Economics)<\/li>\n<li>Stoyan Stoyanov (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Wei Sun (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Sebastian Kring (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Markus.Hoechstoetter (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Michael Grebeck (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Jorge Hernandez (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Carlo Marinelli (Columbia University, Department of Statistics)<\/li>\n<li>Teo Ja\u0161i\u0107 (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Dezhong Wang (UCSB, Departments of Statistics and Applied Probability)<\/li>\n<li>Sergio Focardi (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Anna Serbinenko (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Christoph Moeller (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Jan Fraenkle (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Christian Diekmann (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Michael Stein (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Christian Scherrer-Montbrun (Karlsruhe, School of Economics and Business<br \/>Engineering)<\/li>\n<li>Thomas Meinl (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Scherer, Matthias (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Michele Leonardo Bianchi (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Rezania, Omid (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Aktan, Sinan (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Beck, Alexander (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Krause, Drik (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Nazemi, Abdolreza (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Papenbrock, Jochen (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Pieper, Michael (Karlsruhe, School of Economics and Business Engineering)<\/li>\n<li>Xiaochu Zhang (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Xiaoping Zhou (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Tetsuo Kurosaki (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Barret Shao (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Naoshi Tsuchida (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Angela Tsao (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Yikang Chai (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Tianyu Lu (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Yuzhong Zhang (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Hua Mo (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Xiang Shi (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Po-Keng Cheng (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Fangfei Dong (Stony Brook University, Dept. of Applied Math &amp; Statistics)<\/li>\n<li>Abootaleb Shirvani (Texas Tech University, Dept. of Mathematics &amp; Statistics)<\/li>\n<li>Yuan Hu (Texas Tech University, Dept. of Mathematics &amp; Statistics)<\/li>\n<\/ul>\n<p>[\/et_pb_toggle][\/et_pb_column][et_pb_column type=&#8221;1_2&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_blurb title=&#8221;Postdoctoral Students of Svetlozar Rachev&#8221; use_icon=&#8221;on&#8221; font_icon=&#8221;&#xf501;||fa||900&#8243; icon_color=&#8221;#898989&#8243; icon_placement=&#8221;left&#8221; image_icon_width=&#8221;21px&#8221; _builder_version=&#8221;4.16&#8243; header_font=&#8221;Montserrat|700|||||||&#8221; header_font_size=&#8221;20px&#8221; body_font=&#8221;||||||||&#8221; body_font_size=&#8221;16px&#8221; body_line_height=&#8221;1.8em&#8221; animation_style=&#8221;fold&#8221; animation_direction=&#8221;bottom&#8221; animation_intensity_fold=&#8221;20%&#8221; animation_starting_opacity=&#8221;100%&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_blurb][et_pb_toggle title=&#8221;Click to View&#8221; open_toggle_text_color=&#8221;#9f9f9f&#8221; open_toggle_background_color=&#8221;#FFFFFF&#8221; closed_toggle_background_color=&#8221;#FFFFFF&#8221; _builder_version=&#8221;4.16&#8243; _module_preset=&#8221;default&#8221; title_text_color=&#8221;#9f9f9f&#8221; title_font=&#8221;Montserrat|700||on|||||&#8221; body_font=&#8221;Poppins|300|||||||&#8221; border_width_all=&#8221;5px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<ul>\n<li>Dr. Young Shin Kim (Karlsruhe Institute of Technology, School of Business and Economics)<\/li>\n<li>Dr. Jiho Park (Texas Tech University, Dept. of Mathematics &amp; Statistics)<\/li>\n<li>Dr. Davide Lauria (Texas Tech University, Dept. of Mathematics &amp; Statistics)<\/li>\n<\/ul>\n<p>[\/et_pb_toggle][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; next_background_color=&#8221;#f7f7f7&#8243; 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He is known for his work in probability metrics, derivative pricing, financial risk modeling, and econometrics. In the practice of risk management, he is the originator of the methodology behind the flagship [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"<!-- wp:paragraph -->\r\n<p>This is an example page. It's different from a blog post because it will stay in one place and will show up in your site navigation (in most themes). Most people start with an About page that introduces them to potential site visitors. It might say something like this:<\/p>\r\n<!-- \/wp:paragraph --><!-- wp:quote -->\r\n<blockquote class=\"wp-block-quote\">\r\n<p>Hi there! I'm a bike messenger by day, aspiring actor by night, and this is my website. I live in Los Angeles, have a great dog named Jack, and I like pi\u00f1a coladas. 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