The theme of the study is to explore the areas of academic stress and depression among law and business students. So many researchers in the fields of behavioral science have carried out extensive research on components of academic stress and other stresses which also shows the impact on students. This research further tries to enlighten each one of the components of stress, which will affect the overall performance of the students by way of Beck's Inventories. Mental health among university students represents an important and growing public health concern for which epidemiological data are needed. The study found that the students of management are more depressed and anxious than law students and the former show a more consistent pattern of depression and anxiety levels.