Mathematics and Statistics Master’s program at Cornell University

Tuition and financial aid at Cornell Bowers Statistics and Data Science for Graduate students

The comprehensive financial aid is provided to Nearly all graduate students in the department which includes full tuition coverage, a generous stipend, and full health insurance. Through this, they want to minimise the financial burden on students. Let us take a look to have a brief information about them: 

Financial support can be provided through various support mechanisms, including:

• Teaching Assistantships (TAs): TAs are basically indulged in helping professors in their teaching work. they are mostly related to teaching-related duties.
• Research Assistantships (RAs): Depending on the department's needs, RAs can involve various tasks such as statistical research, computer programming, database searching, library work, and data management. RAs generally require 15 hours of work per week.
• Fellowships: Fellowships are free of cost which means you don't have to work to get enrolled into a fellowship like you do for assistantships. Students who receive external fellowships in their first year may be expected to take an increased course load.
• Duration of Support: The department basically aims to provide up to 5 years of support for students entering the Ph.D. program. The actual duration of support will not be less than the guaranteed period of support, as long as students make satisfactory progress toward their Ph.D. degree.
• External Fellowships: Students are encouraged to apply for external fellowships for which they are eligible. By this, they can reduce their financial burden. External fellowships can help the department by allowing them to admit students who wouldn't get support from the department otherwise.
• Other Funding Sources: The department mentions the existence of various other funding sources, both within Cornell such as assistantships in other departments and external to Cornell such as corporate grants, internships, and externships. These additional sources can provide students with more financial opportunities.

Jobs, Salaries and Career after Masters in Mathematics and Statistics

Employment of natural sciences managers is projected to grow 6 percent from 2020 to 2030, about as fast as the average for all occupations. About 6,000 openings for natural sciences managers are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

The median annual wage for natural sciences managers was $137,940 in May 2020. Number of Jobs in 2020 was 79,000.