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


409 Uris Hall, 3022 Broadway, Columbia University, New York, NY 10027
Tel: (212) 854-4240
Fax: (212) 316-9180


Office hours: Mondays 5-6pm or by appointment

Teaching schedule for 2015–16:

  • Managerial Statistics (Fall-A),

  • Quantitative Pricing & Revenue Analytics (Fall-B).


Costis Maglaras is the David and Lyn Silfen Professor of Business at Columbia University. He is on the faculty of the Graduate School of Business, in the division of Decision, Risk & Operations. He currently serves as the chair of the division, and as the director of the PhD program of the Business School. His research lies on the interface of stochastic modeling with operations management, with emphasis on stochastic networks, financial engineering, and quantitative pricing and revenue management. Some of his recent work has focused on: high-frequency market microstructure; 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. He currently serves as the Department Editor for "Stochastic Models" for the journal of Operations Research.

During his sabbatical in 2007, he was involved in starting Mismi Inc., a financial services broker-dealer firm that introduced innovative quantitative portfolio trading 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.

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