Finance vs. Law: Which Study is Harder for UK Students?

Which is the most difficult discipline of them all? Well! Frankly speaking, there is no clear answer to that because there will always be objections. Students find their discipline to be the most difficult one at the start of their coursework. However; when they are done with the course, they find it not as difficult as they considered it once. So; you can’t have one solid answer to this question.

In addition to that; many professional academic helpers are there nowadays to assist students in their respective subjects be it assistance in the form of finance dissertation topics or in the form of law writing help. Still; this post will compare the disciplines of finance and law in an order to make it easier for the students to choose their area of study.

Comparison between Finance and law with reference to their difficulty level:

Both finance and law are considered the most difficult subjects among all others but which one is more difficult is still a question. This post will break down everything about both fields so that readers can decide accordingly.

  1. Finance vs. law- Definition:

Finance is basically the system of studying, creating, and managing large bulk of money. Even though; it is related to economics to some extent but it is not its alternative. More specifically; finance is all about the use of assets, money, and currency for the purpose of distribution and consumption. The amount of money that is managed by companies and government institutes also falls under the category of finance.

On the other hand, the law can be defined as the field in which the system of rules that are imposed by the legislative body of the government is studied.  This discipline is concerned will all the rules and the process of dealing the law-breakers. Students often take law dissertation topics assistance from online platforms to get academic help to ease their load as it is also considered one of the most difficult subjects. 

  1. Finance vs. law- Key components:

The key components or main elements of the discipline of finance are as follows;

  • Money, credit, and security markets in regards to the financial institutions.
  • Investments made by individuals, or institutional investors.
  • Oversight of financial systems.

Then there are the main elements that form the field of law, which are as follows;

  • The accepted legal principles.
  • Limited government powers.
  • Fundamental rights.
  • Regulatory civil justice.
  1. Finance vs. law-Course:

Students can expect the following things that are taught in the course of Finance;

  • Foundational Maths and Economics classes.
  • Introductory classes in management, accounting, business law, and ethics.
  • Classes in international finance, econometrics, urban fiscal policy, business communication, principles of marketing, and so on.
  • Basic humanities, science, literature, and language classes.

On the contrary; the following classes are given in the coursework of law;

  • Knowledge of legal matters, policies, and case studies.
  • Classes of contemporary business, sociology, ethic, and politics.
  • Experience and skills needed in the field of law.
  • Being able to draw legal documents and understand complex issues.
  • Classes in teaching IT, research, problem-solving, and numerical skills.
  1. Finance vs. law- Branches:

The specialties of finance are as follows;

  • Corporate finance.
  • Investment finance.
  • Institutional finance.
  • Auditing.
  • Management.
  • Forensic accountancy.

The specialties of Law are as follows;

  • Animal law.
  • Admiralty law.
  • Bankruptcy law.
  • Finance law.
  • Civil rights law.
  • Constitutional law.
  • Criminal law.
  • Environmental law.
  • Employment law.
  • Family law.
  1. Finance vs. law-Internship:

The duration of an internship in finance ranges from 10-12 weeks. On the other hand; the duration of an internship in law varies from 2 months to 5 months. 

  1. Finance vs. law- Difficulty level:

Most students say that law is comparatively a together subject (the perspectives might differ). It is because the law is not only an academic subject rather it requires more than the memorizing of notes. A student is given a problem in which he has to come up with a solution based on the principles of law.  As the law is an extensive subject so it is an obvious fact that solving different cases requires a harder approach.

  1. Finance vs. law- Best Universities in the UK:

UK top universities are the greatest and oldest in the world (bestassignmentwriters, 2019). Some of the most renowned universities in the UK that teaches the coursework of finance are as follows;

  • The University of Oxford.
  • The University of Edinburgh.
  • The University of Leeds.
  • The University of Cambridge.
  • London School of Economics and Political Science.

Some of the most prestigious law universities situated in the UK are as follows;

  • The University of Glasgow.
  • King’s College London.
  • Durham University.
  • The Queen Mary University of London.
  • The University of Oxford.
  1. Finance vs. law- Scope in the UK:

The scope of finance is surely bright in the UK because it not only offers great job opportunities but also offers attractive salaries. Besides that; as the world economy slowly recovers from the recent financial turbulence, healthy spending has become a topic of increasing importance for companies, policy makers, and regulators (Elisabeth C.Brüggen, 2017). A finance graduate in the UK can apply in the following fields;

  • Budget management.
  • Financial report reviewer.
  • Business teacher.
  • Accountant.
  • Financial services agent.
  • Auditor.
  • Tax associate.
  • Market trend analyzer.

The demand for lawyers is also quite high in the UK as it is not only limited to the legal battles rather, law graduates can find jobs in the following areas as well;

  • Corporate houses.
  • Law administrative firms.
  • Politics.
  • Journalism.
  • Accountancy.
  • Human resource services.
  • Business advisor.

Conclusion:

All the sides and details about both; law and finance have been briefed in the above-mentioned post. Hopefully; it will help the readers or more specifically students in making the right choices when it comes to the selection of their discipline. 

Bibliography

bestassignmentwriters. (2019, Sep 14th). List of Top 8 law universities UK. https://bestassignmentwriter.co.uk/blog/list-of-top-8-law-universities-uk/ .

Elisabeth C.Brüggen, J. H. (2017, Oct 1st). Financial well-being: A conceptualization and research agenda. Journal of Business Research , 228-237.

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