He worked at the Mathematics Department of the Faculty of Science and Technology, University of Ljubljana; in 1992 he was retired early.

In 1972, under the supervision of Jože Vrabec, he graduated from the Mathematics department with the thesis Polyhedral Schoenflies theorem in three-dimensional Euclidean space and received the student Prešeren Prize for this work.

In 1975, after completing his post-graduate study in functional analysis, he obtained his master's degree from the same supervisor with the thesis Existence of homeomorphisms between 3-manifolds.

[4][2][5][6] From October 1971, Rakovec was a demonstrator at the Mathematics department of the Faculty of Natural Sciences and Technology (FNT), and from January 1973 he was employed there full-time as an assistant.

Besides his work at the University of Ljubljana he also taught at the mathematical seminars of the Society of Mathematicians, Physicists and Astronomers of Slovenia and training courses of the National Education Institute [Zavod Republike Slovenije za šolstvo].