chetanxavier

I'm coming from a undergrad CS and math background and I've been admitted to various statistics programs and will most likely be attending cornell or columbia. How is the current job market with this degree? Is the market flooded and filled with applicants? Is it possible to obtain a job in something like finance and algo trading given my background?

Have you tried looking for the kind of jobs that you are interested in and what the educational requirements are? Sometimes it helps to go on Linkedin and find people who hold the position you would want and see what their background is.
 
I think you are going to have a hard time getting an answer here because your question is so specific. That being said, it seems like you shouldn't have a hard time getting a job with a Stats MS/PhD, it just depends more on what field you want to go into.

A lot of possibilities. Biostatistics, data science, machine learning, actuary (if you pass the P and the FM exams), SAS or R programmer, etc. Try to get an internship in an area that interests you. That seems to help many grads land jobs a lot more quickly.

These are all pretty lucrative. However, the jobs with the highest overall salaries are often located in expensive cities too. I have friends in the Bay area who are making six figure salaries and still have little disposable income leftover after paying for everything (and are also priced out of buying property).