Costis Maglaras

Costis Maglaras photo 

Costis Maglaras
David and Lyn Silfen Professor of Business
Decision, Risk and Operations Division,
Graduate School of Business,
Columbia University

Contact

409 Uris Hall, 3022 Broadway, Columbia University, New York, NY 10027
Tel: (212) 854-4240
Fax: (212) 316-9180
Email: c.maglaras@gsb.columbia.edu
URL: http://www.gsb.columbia.edu/faculty/cmaglaras/

Schedule

Office hours: by appointment

I will be on sabbatical leave in 18-19; spending part of my time at Columbia University's Data Science Institute.

Bio

Costis Maglaras is the David and Lyn Silfen Professor of Business at Columbia University. He served as chair of the Decision, Risk & Operations division at the Business School through June 2018. He is a member of the executive committee of Columbia University's Data Science Institute. His research lies on the interface of stochastic modeling and data science, with emphasis on stochastic networks, financial engineering, and quantitative pricing and revenue management. Recent work has focused on: high-frequency market microstructure; queueing model and analysis of financial limit order book markets; the design of portfolio trading systems and algorithms; the interface between social learning and revenue optimization; the economics and control of queueing systems with strategic agents; and the application of quantitative pricing in the residential real-estate market.

Costis received his BS in Electrical Engineering from Imperial College, London, in 1990, and his MS and PhD in Electrical Engineering from Stanford University in 1991 and 1998, respectively. From 1991 to 1993 he served as a research scientist at Canon Research Center America. He joined Columbia Business School in 1998. His work has been recognized through several research awards, and he has also received the Dean's award at Columbia Business School for teaching excellence for the core course Managerial Statistics, and the Dean's award for Teaching Innovation for his work on the Technology and Analytics curriculum in Columbia's MBA and EMBA programs.

During his sabbatical in 2007, he was involved in starting Mismi Inc., a financial services broker-dealer firm that introduced innovative quantitative electronic trading algorithms and transaction analytics tools to the marketplace. He served as Mismi's Head of Research and part of its management team through 2014. He has also been a frequent consultant to industry, primarily in areas of quantitative finance and electronic trading, and in revenue management.

Costis is married to Niki Kouri and lives in Manhattan with their three daughters.