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Re: The Average MBA Degree Salary

United States of America (USA) is the most preferred destination in the world for higher studies and work. Education in USA draws students not solely because it is the most developed nation, but because it provides the highest quality of education. The course structure as well as the method of study train students in a way no other country does. Although this is true for all colleges in America, but every student should and want to get admission to one of the top US Colleges and Universities.

University of Chicago ranks first among the innumerable US universities. It was founded by John D. Rockfeller in 1892, and today houses 14,600 students and 2100 faculty members. It has the best research and technological infrastructure. The approximate cost of the course and stay is 52,450$. A premier undergrad institute, it has four divisions at the UG level, namely, Biological Sciences, Humanities, Physical Sciences and Social Sciences. Graduates can apply to the various professional schools – Divinity School, Booth School of Business, Law School, Pritzker School of Medicine, Irving B Harris Graduate School of Public Policy Studies, or the School of Social Service Administration. Chicago University is known specifically for its law, economics and science departments. To get admission to this institution, you need to fill the common application form. Admission is on the basis of reports of secondary and high school, teachers' evaluation, SAT or ACT score. Also students are to submit a short essay on why they want to enroll to this university along with an answer essay to the question on the website.

Harvard University, named after John Harvard, was established in 1636 in Cambridge. It is the oldest private university in US. Best known for its law school, business school and medical school, the university also offers varied options to choose from. At the under graduate level, students can choose between African and African American Studies, Anthropology, Chemistry, Economics, Engineering and Applied Sciences, History, Music, Psychology, Sociology and Women, Gender and Sexuality. Learning of a foreign language and a writing course is compulsory in the first year. At the PG level, you can opt for any of the schools – Harvard Business School, Divinity School, Harvard Graduate School of Arts and Sciences, Harvard Graduate School of Design, Harvard Graduate School of Education, Harvard Graduate Law School, Harvard Graduate Medical School, Harvard School of Dental Medicine, Harvard School of Engineering and Applied Sciences, Harvard School of Public Health. Harvard University is accredited by the NEASC-CI HE. Online courses are also available for those who cannot attend it on campus. To get admission you need to have a SAT score of 2080-2370 or ACT score of 31-34.

Yale University, founded in 1701 is located in New Haven. The cost of study here is about 54,000$. This Arts and Science Institute offers curses in Mathematics, Foreign Language, Computer Science, Economics, Music, Psychology etc. Online application is recommended. Eligibility depends on the College Entrance Examination Board (CEEB) SAT I and and any two SAT II subject tests, or the ACT score with writing. Also considered is your high school transcript.

Princeton University is a private institution established in 1746. It has outstanding undergraduate and research courses. You can pursue a BA or Bsc in Engineering in any of the following subjects – Anthropology, Architecture, Architecture, Chemical Engineering, English, History, Mathematics, Philosophy, Physics, Political Science, Psychology, Religions and Sociology. For master's, the programs available are Architecture, Chemical Engineering, Finance, Near Eastern Studies, Public Affairs, Public Policy, and Urban and Regional Planning. You have to fill the common application form, submit recommendation of at least two teachers and your SAT or ACT score, along with a list of accomplishments outside the classroom.

Amherst College, commenced in 1821, is a liberal arts college in Amherst. You can pursue major's in American Studies, Astronomy, Biology, Chemistry, Computer Science, Film and Video Arts, Law Jurisprudence and Social Thought, Mathematics, Political Science, Psychology, Theater and Dance, etc. In 2007 was introduced the College's Center for Social Justice to educate students on the opportunities in social justice and community service. You have to fill the common application form to apply, and admission is dependent on your high school transcript, SAT/ACT score, recommendations of teachers and councilors, your writing quality and extra curricular activities. You will be spending approximately 50,000$ for study here.

Stanford University, located in California, was started in 1885, and is known for its computer science department. You can do BA or Bsc or BA and B Sciences at UG level. You have the option to do a double major. The various schools at this level are School of Earth Sciences, School of Engineering, School of Humanities and Sciences. At PG level are the Graduate School of Business, Law School and School of Medicine. Approximate cost of study is 50,000$. Online programs are also available. You have to fill the common application form, and provide your high school transcript, recommendations of teachers.

Brown University, in Providence, established in 1764, offers bachelor's in arts and science. There are thirty courses to be completed at this level. Major options include Ancient Studies, Education Studies, Commerce Organization and Entrepreneurship, Engineering, Mathematics, Music, Neuro Sciences, Physics, Theater Arts and Visual Arts. Master's in 23 subjects and Doctorate in 43 programs is granted by Brown. For admission the requirements are the common application form, the Brown supplement, high school transcript, recommendations, SAT or Act score. Financial aid is available to deserving students. The total expenditure is 48,000$.

Cornell University was set up in 1865 in New York. It is the first university in US to offer veterinary medicine, industrial and labor relations, and hotel management programs. Cornell has 14 schools and colleges to select from – College of Agriculture and Life Sciences, College of Architecture Art and Planning, College of Arts and Sciences, College of Engineering, College of Hotel Administration, College of Human Ecology, College of Industrial and Labor Relations, Graduate School, Cornell Law School, Johnson Graduate School of Management, Weill Cornell Medical School and Weill Cornell Graduate School of Medical Sciences. Admission is based on the filling of common application form, high school transcript, and recommendations. Average cost of study is 52,500$.

University of Pennsylvania in Philadelphia was put up in 1740 by Benjamin Franklin. The schools at UG level are – The College- Arts and Sciences, School of Engineering and Applied Sciences, School of Nursing, Wharton Business School. PG schools are Annenburg School of Communication, Graduate School of Education, Law School, School of Arts and Sciences, School of Dental Medicine, School of Design, School of Engineering and Applied Sciences, School of Medicine, School of Nursing, School of Policy and Practice and School of Veterinary Medicine. Submit your SAT reasoning test score along with that of two subject tests, or ACT score of writing for admission. Cost of study is 48,000$. Financial aid is available.

Columbia University was established in 1754 in New York City and is the oldest post secondary school in NY. It is accredited by Middle States Commission on Higher Education. It offers 90 programs, pre-medical, dental and law programs at bachelor's level. Post graduation can be done in Architecture Planning and Presentation, Arts, Arts and Sciences, Business, Continuing education, Dental and Oral Surgery, Engineering and Applied Sciences, International and Public Affairs, Journalism, Law, Medicine, Nursing, Public Health and Social Work. You can also study vocal or instrumental music at the Julliard School. Admission criteria is your academic record, ECA, your interests, summer activities, recommendations and the student essay. MA program in Computing and Education is available online.

Apart from these top institutes, the other very good options are the Darmouth College in New Hampshire, University of Maryland, Massachusetts Institute of Technology (for science and technology it is the best institute), California Institute of Technology (houses NASA's Jet Propulsion Laboratory), North Western University, Boston University (liberal arts school), Georgia Institute of Technology, Tufts University, Washington University (more than 90 programs), John Hopkins University, Georgetown University, Lehigh University, Pennsylvania State University, University of North Carolina, New York University, University of Michigan, Rice University, University of Notre Dame, University of Texas, University of Virginia, University of Florida, and Yeshiva University.

The top US colleges and universities have occupied their position of prestige because of innumerable reasons which include not only academics but also sports and other extra curricular activities. It is because of this all round development that US institutes provide to students, that they have become the highly coveted educational institutions by students all over the world.


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The Average MBA Degree Salary

The average MBA starting salary for candidates passing out of premier institutions can be in the range of USD 115,000 to USD 130,000 per year. At the same time, the average MBA salary for those passing out of other business schools can be in the range of USD 75,000 to USD 90,000 per year. At this point, it is important to know that average MBA starting salary depends on how good the institute from which you pass out is and how much knowledge you acquire in your two years of course duration.  Average MBA SalaryThe starting salaries for MBA students also depend on the growth of the economy of a country. During the times of economic recession, it was observed that these salaries had reduced considerably.
Job Title National Salary
Senior Financial Analyst $63,250 – $77,570
Financial Controller $68,902 – $100,582
Project Manager, Information Technology (IT) $73,981 – $99,651
Chief Financial Officer (CFO) $97,563 – $168,874
Marketing Director $79,638 – $141,443
Operations Director $86,325 – $122,884
Human Resources (HR) Manager $52,734 – $77,901

Management graduates working in the government sector can also expect high salaries in the range of USD 55,000  

to USD 75,000 per year. MBA graduates working in the health care sector can easily make more than USD 100,000 per year, due to the fast growth in this sector around the world. On the upper side, the MBA graduate salaries can be in excess of USD 150,000 for those having an experience of more than seven years. With an experience of more than ten years, you can earn around USD 200,000 or more depending on your position and skill.

Master of Business Administration – MBA Degree Salary Data

In many careers, there is a direct relationship between educational achievement and salary growth. When it comes to a business administration degree, the impact of earning a master's can be exponential. Business degrees can put students on the right track to career success and fair salaries, but if you want to reach your full salary potential, completing a Master of Business Administration degree may be necessary. On average, MBA Salaries tend to be higher than Bachelor of Business Administration Degree salaries. Since an MBA degree can often lead to a significant salary advantage, it's not surprising that many students go on to earn a Master of Business Administration degree, despite the time and financial investment that obtaining a graduate level degree entails. Earning an MBA degree is certainly more convenient now than ever before. Thanks to a growing trend of legitimate online degree programs, students also have the option to pursue an Online Master of Business Administration Degree.

Factors Influencing MBA Salaries

The average MBA starting salary depends, to a large extent, on the institute from where you complete your graduation degree. Most education experts would suggest completing your MBA program from an 'A rated' college or university. Your salary and position will also depend on how well you can practically implement the concepts learned in your books. The next factor influencing average MBA salary is the location of the job. Whether it is an European country or an Asian country, those working in large and developed cities will earn more than their counterparts working in remote areas. Having said so, one should also note that the cost of living is quite high in large cities as compared to the smaller ones. The kind of employer you work for is also a deciding factor for your salary. Management graduates working for large corporations with varied business interests will earn more than those working in smaller enterprises.

MBA Starting Salaries


There's no question that earning an MBA degree can lead to greater job opportunities as well as higher salaries. But what can recent graduates expect when it comes to MBA starting salaries? According to PayScale's salary survey data, the median MBA Starting Salary is around $47,000. In addition to starting salaries, the Average Vacation Time for MBA degree holders just entering the workforce is around two weeks per year. Other Popular Benefits for employees with an MBA degree include a 401(k), life insurance, and paid sick leave. In addition to a regular compensation package, many employees will enjoy an annual bonus. Take a look at the chart comparing the median Bonus for MBA Degree holders to see what kind of impact experience level can have on this annual perk.


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Green Technology News: First Solar Secures 100 MW Order

First Solar has signed a 100 megawatt solar module supply agreement with Reliance solar module panelsPower. First Solar will deliver 40MW of advanced thin film modules to Reliance Power by the end of 2011 for its solar power project in Jaisalmer, which will supply renewable electricity to Mumbai. The delivery of the remaining 60MW is expected be completed in 2012. This agreement is the largest PV module supply agreement in India to date.

"We are delighted to collaborate with Reliance Power, one of India's leading independent power producers," said Jim Brown, president of First Solar's Utility Systems Business Group. "With strong growth projections, India is expected to become one of the world's major solar markets, due to its abundant solar resource and significant energy demand. This agreement with Reliance Power continues First Solar's momentum in India, helping develop the country's long-term, sustainable solar market," Brown added.

The U.S. Export-Import Bank approved an $84.3 million direct loan on Aug. 25 to Reliance Power's Dahanu Solar Power Pvt. unit to purchase First Solar panels for the first 40MW of the project.


Source: http://solarbuzz.com/industry-news/first-solar-secures-100-mw-order


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The salary for MBA is one of the most important aspects when you are doing research to find the career opportunities when accomplishing your. Consideration is not only for the establish the average MBA salary for your chosen business school, but also also consideration on your own particular experiences and  circumstances.

At first , you may consider the differences salary for MBA in average for graduating (at MBA program where you are planning to study) based on the career paths that previous MBA graduates have chosen, as there may be differences that exist because of different area of business, locations or ndustry.

The question below may help you place a value on your MBA qualification:

  • What are the salaries for MBA  in average with 5 -10 years experience? For this  you may need to find a more personalized way of evaluating this, such as obtaining a Personal Salary Report
  • How do graduating MBA salaries compare with other business schools that you are considering? What is the average MBA salary for the business school, or schools, that you are considering?
  • Do the average graduating MBA salaries vary by geographical location, i.e. will you need to move once you graduate to realize your full salary-earning potential?

You can use the MBA salary resources to help you find the answers that you need. Some of this information is freely available on the Internet, although items, such as a Personal Salary Report or some MBA salary surveys, are premium services, so you should aim to be certain at the outset what your requirements are and how much information you need.

To start with general resources, you should visit the following two sites where you can find information on average salaries and earnings by occupation and industry. It may be difficult however to establish the value of your MBA when looking at the information in these sites, as the information is aggregated:

  • Online version of Occupational Outlook Handbook
    This is published by the Bureau of Labor Statistics. The site provides you with "Earnings" and other detailed information for 250 occupations.
  • Career Journal
    The Salary and Hiring Data area of the Wall Street Journal's Career section provides average job salaries and profiles across industries.

Interesting World Education Info

Salary for MBA Degree Holders

The MBA graduates have a vital role in the competitive business world today. They are eagerly needed by businesses worldwide. Salaries and other bonuses influence these post graduates. The salary for all levels of MBA holders shows continuous increment each year. Studies show that the average salaries for MBA professionals have risen above 21% in the last seven years. The MBA salaries also increase with seniority levels within an organization. 

 MBA salary


With an MBA degree, one can increase his salary up by as much as 50%.

Besides the base salary, the total compensation earned yearly include bonus of around $25,000 and other benefits, including tuition reimbursement, car allowances, and relocation that add about $15,000 on an average. The base salary and bonus may vary from one company to another. Some companies offer a higher base salary and fewer bonuses, while others offer a high year-end bonus.


Business companies look for MBA graduates to widen their business areas to get more profit. A professionally qualified MBA graduate can assist the company to meet the business targets. As the profit level of a company increases, there may be increases in the remuneration to its staff. This is the main factor that increases the average salary of a business professional. Also, some leading business companies offer competitive and exciting salaries and benefits to qualified and experienced MBAs solely to attract them. Year-after-year the salary scale goes up; each year showing a large difference with its preceding year.


A significant salary change can be seen in a person's salary if he or she completes an MBA program while working in an organization. But, there are a number of factors determining the salary offer like the area of specialization, prior earnings profile, pre-MBA work experience, geographic location and cost of living, and the academic record in the business school he or she attends. Compensation packages will also be offered. Consider a person working in a reputed business company earning a salary of $25,000 per year; the salary will increase up to $50,000 or $60,000 after his MBA graduation.

MBA provides detailed information on MBA, Top MBA Programs, MBA Online, MBA Programs and more. MBA is affiliated with Online Business Schools


High Paying Bachelor's Degree Holders

The Bachelor's degree, in most cases, is awarded after four years of college. This degree is offered primarily by universities, although some community colleges and technical schools also provide it for limited subjects. Bachelor's degrees serve as detailed overviews, and feature a focus on a general subject or profession. These degrees are required for many entry-level positions as well admission to graduate school.

"


When used professionally, the Bachelor's degree can earn a range of salaries from $32,000 to upwards of $80,000 and even more. The salaries seen by these degree holders vary largely by industry, and management level. Just like the degree can establish a Bachelor of many subjects, it too can produce professionals of many fields. Recently, a few articles were published about the top starting salaries for such degrees, and we've provided a snap-shot look at some of the top earners.

Bachelor's degrees in aerospace and astronautical engineering are for jobs in designing, constructing, and testing technologies related to aircraft, military use, or spacecraft. The Bureau of Labor Statistics estimates the lowest 10% of earners in this profession earn about $59,000 annually. In 2010, aerospace and astronautical engineering ranked in the top ten starting salaries among these degrees at about $57,000.

Also making the top ten for 2010 with abut $57,000, Bachelor's degrees in electrical engineering are also lucrative starting points. The BLS says the bottom 10% of earners with this degree and profession see about $53,000, while the highest 10% see over $126,000.

As part of the continually growing technology sect, computer engineering is not surprisingly another profitable industry. Bachelor's degrees in computer engineering currently account for about 385,000 workers in the United States. The lowest 10% of computer engineers make about $59,000 annually, and the BLS mentions their highest 10% make nearly $140,000.

Similar to computer engineering though much broader in professional scope is the major of computer science. These Bachelor's degrees make slightly more as starting salaries, estimated at about $61,000 annually, although this figure represents a much larger sample size than the computer engineering profession; there are a reported 3.3 million workers in this field, according to the BLS.

Rounding out the top starting salaries are Bachelor's degrees in petroleum engineering. The BLS reports the lowest earners in this profession making an average of about $58,000, but the wages make huge jumps in terms of incremental compensation. The median salary for a petroleum engineer, for example is over $108,000. This number pays even higher in areas of geographic harshness and hazardous work conditions, with some annual mean salaries as high as $154,000.


These degrees are offered at many colleges and universities around the country. The Bachelor's degree can earn a position in research, testing, field work, or analysis. By earning a Bachelor's in one of these fields, you'll enjoy higher starting wages than many other professions. Some of these starting wages are even competitive with graduate degree salaries. From outer space to the innards of the earth, these degrees are responsible for the information we learn by way of human exploration. Earning an online bachelors is very feasible as well. It allows for more flexibility and the freedom to go to college in PJs or anytime around the clock!



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Bachelor of Arts (BA): Psychology Degree Overview

Obtaining a Bachelor of Arts Degree in Psychology provides the student with a comprehensive introduction to the discipline of psychology. At the BA level, a psychology program is designed to provide a well-rounded education either for immediate employment in areas such as research, and business, or for graduate schooling in psychology or related fields. 


Psychology Degree Overview



A Bachelor of Arts program in psychology educates students in the discipline of psychology while providing them exposure to courses in the humanities and social sciences. A Bachelor in Psychology prepares students for a variety of career choices, many of which are not specifically related to psychology. Some of the possible career directions a graduate might take are social work, human resources, marketing, business management, and sales. The BA in Psychology is also an ideal undergraduate degree for students who intend to pursue graduate training in psychology or enter professional schools such as medicine or law. Students take courses focusing on liberal arts, psychology, and foreign language. A course load of general education classes and a minor is some field other than psychology is usually required.

Courses in a Bachelor of Arts Psychology Degree program may include:

  • Introduction to Psychology
  • History of Psychology
  • Developmental Psychology
  • Social Psychology
  • Cognitive Psychology
  • Psychology of Personality
  • Physiological Psychology
  • Research Methods in Psychology
  • Statistics

Skills Acquired

A Bachelor of Arts program in psychology focuses on learning how to frame the right questions and discover answers regarding human behavior, cognition and emotion. Skills acquired in this program include a knowledge of physiological, neurological, and biological bases of behavior, an understanding of cognitive and developmental psychology, a mastery of theory and research of personality, knowledge of social influences on behavior, ability to utilize basic data analysis techniques, and critical evaluation and understanding of psychological science.

Why Earn a Bachelor of Arts in Psychology?

An undergraduate education in psychology is learning about psychology, rather than learning how to do psychology. It's important to realize that with a Bachelor's Degree in psychology, you are not yet qualified to be a psychologist when you finish your undergraduate study. While many students do continue their education at the graduate level and become a certified psychologist/therapist, the majority of students who earn a BA in Psychology find satisfying careers without attending graduate school. Even though the Bachelor's Degree in Psychology isn't a professional degree, it's still a good way to become a well-rounded, well-educated individual who is marketable for a number of different employment options.

Economic Outlook and Salary Information

JobWeb reported that the average salary offer to psychology bachelor's degree holders was between $24,000 to $35,000 (2005 NACE Salary Survey data). A Bachelor's of Arts in Psychology is a good degree for obtaining work in business management, sales, human resource, insurance, finance, and marketing -- to name but a few. For those who plan to complete the advanced schooling required to work as a certified psychologist, the job outlook is good. Employment of psychologists is expected to grow faster than average through 2014. The median earnings of educational, vocational and school counselors in May 2004 were $45,570 annually and the median annual earnings of marriage and family therapists were $38,980. Self-employed therapists may earn much more.


Source: http://education-portal.com/articles/Bachelor_of_Arts_BA_Psychology_Degree_Overview.html

The Average Salary of Entry Level BSN

A BSN is a nurse who has successfully completed a four-year bachelor of science in nursing degree. BSNs are employed as hands-on caregivers in hospitals and schools, and as teachers or admiThe Average Salary of Entry Level BSNthumbnail nistrators. Among the factors that affect a BSN's salary are experience, location and employer type.
A BSN holds a bachelor of science in nursing degree.
  1. Entry Level Salary

    • A BSN who has been employed less than one year earns a median yearly salary of $49,851, as of September 2010 according to the PayScale website.

    Experienced Salary

    • PayScale data also show that a BSN's salary increases to $56,270 with one to four years of experience; with five to nine years of experience that pay can rise to about $63,051 a year. After 10 to 19 years BSN's can earn about $66,576 a year; and with 20 or more years of experience, the BSN salary is about $70,733 per year, as of September 2010.

    Location Considerations

    • The salaries for BSNs vary among states. A BSN employed in Ohio earns a median salary of $62,347, whereas in California, the median salary is $79,603 per year, according to PayScale in September 2010.

    Employer Considerations

    • Schools or school districts are one of the lower-paying employers; the median salary is $44,206 per year. One of the higher-paying positions is working in a hospital; the median salary is $65,838. These figures reflect data from PayScale as of September 2010.

Source: http://www.ehow.com/facts_7194481_average-salary-entry-level-bsn.html

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The Advantages of a Master's Degree

Earning a Bachelor's degree is a great achievement that is sufficient for a multitude of jobs and careers in different professions; however, some people simply aren't satisfied with ending their education at that level so they choose to pursue a Master's degree. While they are both excellent degrees to possess, they each entail their own unique characteristics and benefits.
Why earn a Master's degree? There are many reasons that could serve as a good answer to this question, and each person may have different reasons as to why they choose this educational path. First off, people want to have more advanced credentials than those with a four year degree. They want to be distinguished and revered as highly educated employees. Some people may even enjoy school so much that they don't see the point in stopping after 4 years of post secondary education.
An individual with a Master's degree obviously has more advantages over someone with a Bachelor's because this higher degree is more advanced in that it requires additional schooling, dedication, and costs. In the long run, these sacrifices are expected to pay off. According to EarnMyDegree.com, people with a Master's earn around $10,000 a year more than those with a Bachelor's. This loftier degree usually will give someone precedence in career options and advancement within a business or company. CareerBuilder.com notes, "The higher the degree the better the chance of a higher starting salary."
Both degree programs can either be focused on the sciences or arts, given a BA or a BS and a MA or a MS. A Master's degree has a third program option known as a MBA (Master of Business Administration) for those interested in business management and such. On the average, MA/MS/MBA programs take about two years, but it all depends on a university's particular program and credit hours taken per semester. While a Master's takes less time to acquire than a Bachelor's, you need the latter in order to obtain the first.
The economy affects a Master's degree is many ways, some which may even appear contradictory. Firstly, this degree can create more opportunities for those in terms of employment and higher salaries. Perhaps having this degree on your resume will make you stand out from the crowd. The downfall is due to the poor economy, many people don't have the funds for and time to set aside to earn this degree; they need to be working now. Also, some fields require work experience right after getting a four year degree so putting off a MA/MS/MBA might be the only option.
As in most situations, the money factor plays a great role in the decision to earn a Master's. According to the Bureau of Labor Statistics, the weekly earnings in 2009 for a Bachelor's were $1,025 while that of a Master's were $1,257; it adds up over time. Salary range within a field can be quite large depending on the degree. CBSalary.com notes that a person in Computer Programming can make $50,985 a year with a BA/BS and $72,515 a year with a MA/MS.
For those that have a goal to go to the top of the educational ladder and earn a PhD or Professional degree than Master's is just a stepping stone for them. The highest degrees require the most amount of education and usually take the most time and cost the most money.
BA/BS and MA/MS/MBA are both profound degrees to attain and will bring forth many employment opportunities. Students who prefer online college can earn an online masters by taking pretty much the same courses as they would on campus.Those with more advanced degrees will likely have a head start and find themselves in more privileged circumstances.
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