Milutin Milanković was born in the village of Dalj, a settlement on the banks of the Danube in what was then part of Austro-Hungarian Empire. Milutin and his twin sister were the oldest of seven children raised in a Serbian family. Their father was a merchant, landlord, and a local politician who died when Milutin was eight. As a result, Milutin and his siblings were raised by his mother, grandmother, and an uncle. His three brothers died of tuberculosis as children. As his health was fickle, Milutin received his elementary education at home (in "the classroom without walls"), learning from his father Milan, private teachers, and from numerous relatives and friends of the family, some of whom were renowned philosophers, inventors, and poets. He attended secondary school in nearby Osijek, completing it in 1896.
In October 1896, at the age of seventeen, he moved to Vienna to study Civil Engineering at the TU Wien and graduated in 1902 with the best marks. In his memoirs, Milanković wrote about his lectures on engineering: "Professor Czuber was teaching us mathematics. His every sentence was the masterpiece of strict logic, without any extra word, without any error." After graduating and spending his obligatory year in military service, Milanković borrowed money from an uncle to pay for additional schooling at TU Wien in engineering. He researched concrete and wrote a theoretical evaluation of it as a building material. At age twenty-five, his PhD thesis was entitled Contribution to the Theory of Pressure Curves (Beitrag zur Theorie der Druckkurven) and its implementation allowed assessment of pressure curves' shape and properties when continuous pressure is applied, which is very useful in bridge, cupola and abutment construction. His thesis was successfully defended on 12 December 1904; examination committee members were Johan Brick, Josef Finger, Emanuel Czuber and Ludwig von Tetmajer. He then worked for an engineering firm in Vienna, using his knowledge to design structures.