<p>What kind of person would be better suited for which? Which one has more stable jobs? I'm posting this in both sections, by the way. Say I'm not sure which path I want to take yet. What's a good undergrad major to go into?</p>
<p>would you rather be in business or in law, that is the question, and only you can answer it. i’d say jobs are more stable in law because they aren’t tied to the business cycle.</p>
<p>Personal Traits:</p>
<p>Law:
–> Loves Reading/Writing
–> Academic
–> Analytical
–> Conservative in mindset
–> Smart</p>
<p>Business:
–> Personable
–> Connects w/ others easily
–> “Leadership”
–> Optimistic in mindset
–> Not “book smart”</p>
<p>Job Qualities:</p>
<p>Law:
–> Jobs largely obtained via grades and school rank
–> Focused on “billable hours”, closely tracked
–> Lots of reading and writing
–> Good chance at good money from the right schools (160k starting), but limited upside (will not make millions per year most likely). </p>
<p>Business:
–> Jobs obtained via networking
–> Plenty of quant work at the lower levels
–> Small chance of making AMAZING money (millions per year) in certain fields
–> Riskier jobs/career paths</p>
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<p>That isn’t true.</p>
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<p>That isn’t a fair generalization.</p>
<p>“would you rather be in business or in law, that is the question, and only you can answer it.”</p>
<p>This is what I would say. I looked at law as a way to get a job but soon realized that business is what is in my blood and I am sticking to it instead of pursuing law school. I’ve talked to a number of people who absolutely love working in the legal field but my friends who got into it just for money instead of a love for it are all hating themselves now.</p>
<p>I also disagree with BostonEng’s suggestion that only people who are conservative lean towards law.</p>
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<p>if it wasn’t clear, i wasn’t talking about politically conservative. i meant conservative in approach to business problems. for example, if someone at a company proposes a radical new business plan, it is the lawyer’s job to dissect it and make sure the company would not be sued if they implement it. to do that job and enjoy it, you need to have a careful/conservative personality IMO.</p>
<p>Good discussion! I am also interested in the topic because of my HS son. He can read and write well. He also has good math and science ability; but, he is interested in economics and finance. The problem is that he has no patience and always set goals to high even when playing tennis. This worries me the most. Any advice is greatly appreciated.</p>
<p>For OP’s question, wouldn’t it be the best to pursue a major in economics which can fit in either law or MBA. However, I am not sure about the job prospect if the student (with economics major) is not from a top school.</p>
<p>Economics is definitely a good hybrid major.</p>
<p>law vs business in my view ultimately comes down to personality. the types going into those fields are almost perpendicular, and very few people qualify for BOTH top business schools and top law schools each year. </p>
<p>economics from a lower-ranked school is fine; i am sure you would still qualify for many entry level corporate finance and other business jobs. the student would obviously have some math skills so he/she should be able to get into the door.</p>