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Milan Borkovec Edit Profile

financial manager , statistician

Milan Borkovec, Swiss financial manager, statistician. Achievements include patents for cost estimation methodology for peer group comparison. Fellow, Swiss National Science Foundation, 1999—2000; scholar, Munich University of Technology, 1997.


Borkovec, Milan was born on February 12, 1970 in Basel, Baselstadt, Switzerland. Son of Stanislav and Marie Borkovec.


Diploma in mathematics, Eidgenössische Technische Hochschule Zurich, Switzerland, 1995. Doctor of Philosophy (honorary), Johannes Gutenberg University, Mainz, Germany, 1997. Doctor of Philosophy in Applied Probability and Statistics summa cum laude, Munich University of Technology, Germany, 1999.


Lecturer Munich University of Technology, 1999—1999. Visiting professor department of operations research and industrial engineering Cornell University, Ithaca, New York, 1999—2000. Manager and co-head finance engineering ITG Inc., Boston, since 2001.

Visiting scholar State University Gröningen, Netherlands, 1997, University Sussex, Brighton, England, 1997. Co-organizer first international conference on risk management in finance Risklab Germany and Munich University of Technology, Munich, 1998—1998. Chairman probability session Extremes, Risk and Safety Conference, Gothenburg, Sweden, 1998—1998.

Reviewer Stochastic Processes and their Applications, Communications in Statistics - Stochastic Models, Annals of Statistics. With Swiss Army, 1990.


  • Achievements include patents for cost estimation methodology for peer group comparison.


  • Other Work

    • Author: Large Fluctuations in Finance Models (science award of the Bayerische Landesbank, 2000). Contributor scientific papers (Walter Saxer-U. prize, 1996), articles to professional journals.


Married L. Cristina Gavrilescu, March 15, 2003.

Stanislav Borkovec

Marie Borkovec

L. Cristina Gavrilescu