Yao-Jui (Murray) Wang is a student in the Master of International Trade Law and Economics (MITLE) program, offered jointly by USC Gould and the USC Dornsife Department of Economics. In this Q&A, Wang discusses the support of his colleagues, memorable learning experiences, and goals for the future.
What sparked your interest in learning about law and economics?
What sparked my interest in law, particularly international law, is its essential role in shaping business operations. I realized that conducting business effectively requires a solid understanding of contracts and the legal frameworks that regulate transactions. The complexity of international trade intrigued me, as it involves navigating regulations and constraints across borders. This led me to see how legal knowledge can empower me not only to negotiate better deals but also to unlock the broader potential of global partnerships.
My interest in economics grew from understanding how foundational concepts like supply and demand directly influence markets and business strategies. I became fascinated with how economic models can predict the outcomes of different business decisions, both domestically and internationally. These models not only provide insights into the current marketplace but also help forecast future trends. As someone who aims to enter the business world, I believe that a deep understanding of both law and economics is critical for making informed decisions that benefit a corporation today and in the long term.
What made you pursue the MITLE degree in particular, and why at USC?
The MITLE degree has the perfect combination of international trade law and economics, two fields I am deeply interested in. The program’s flexibility, offering a range of both required and elective courses, allows me to tailor my education to my career goals. The intensive nature of the program, which can be completed in just one year with 32 credits, means I can quickly apply this knowledge in my professional life. I chose USC because of its exceptional reputation, global network, and resources that will support my academic and career development. Additionally, its location in the heart of Los Angeles offers unique opportunities to engage with diverse professionals and industries, making it an ideal environment for building a global career.
How has it been transitioning into your program, and how has USC assisted you?
Transitioning into my program has been smoother than I expected, thanks to the support from my friends, classmates, and professors. They’ve been more than willing to help and address any questions I have, which has made a big difference in adjusting to the new academic environment. USC has also been instrumental in this transition by offering pre-program bootcamps for law and economics, providing essential resources like slides and videos. These materials not only introduced me to basic concepts but also helped me grasp more advanced topics.
What is the most memorable experience or learning from your USC studies so far?
The most memorable learning experience from my USC studies has been the passion my law professors bring to their teaching. They go beyond textbooks, introducing us to historical perspectives, current issues, guest lectures, and personal experiences. What stands out most is not just the academic content, but the practical insights they share from their own careers, offering valuable knowledge we can apply when we face similar challenges in the future.
How will your degree from USC give you an advantage for your future career? What do you want to do next with your degree?
My degree from USC will provide me with a strong advantage in my future career by equipping me with in-depth knowledge of international trade law and economics. This foundation will allow me to understand the principles behind contract drafting and apply economic models to predict market changes, which are crucial skills for my goal of becoming a consultant. As a consultant, I will be able to offer informed advice on business strategies and market dynamics, similar to how a business lawyer advises on legal matters. Additionally, the connections and network I build at USC will be invaluable in helping me establish relationships with potential partners and clients, giving me a competitive edge as I move forward in my career.
What advice do you have for students who may be interested in following a similar path to yours?
My advice to students pursuing a similar path is to take full advantage of the resources USC offers. Beyond career fairs, make sure to attend panels and lectures that could inspire new ideas or lead to unexpected opportunities. Once you’ve found your direction, follow it with confidence—knowing that you have nothing to lose.