Please feel free to let us know if you would like to be informed of future chats by sending e-mail to firstname.lastname@example.org. We would also be interested in knowing if you would prefer a different format or different topics.
I also want to welcome our special guests today:
Thanks to everyone for joining.
BlairBeavisLONDON (Nov 11, 2009 11:57:55 AM)
Good evening all!
LisaMortiniLONDON (Nov 11, 2009 11:57:57 PM)
JamieWrightLONDON (Nov 11, 2009 11:58:00 AM)
Hi Linda, thanks for having us!
Linda Abraham (Nov 11, 2009 11:58:08 AM)
You're welcome! Jamie, how is the Masters in Management program different from the MBA? Blair, have any recruiters signed up to interview MiM graduates or
recruit on campus? What has been the reaction of employers to the
JamieWrightLONDON (Nov 11, 2009 11:59:15 AM)
Linda, that's a great question. The Masters in Management is an 11 month programme for recent graduates
who are looking to embark on a management-oriented career, but who have
limited business knowledge and less than one year of full time,
relevant work experience. The MBA programme is aimed at more experienced individuals who are
looking to take their career to the next level. This programme accepts
applications from students with between two and twelve years of work
experience, and the average work experience level on this programme is
five and a half years.
Linda Abraham (Nov 11, 2009 11:59:46 AM)
Brenden & Carlos, what do you like best about the MiM program? What would you like to see improved?
BrendenJongmanLONDON (Nov 11, 2009 12:01:13 PM)
The thing I like best about the MiM programme is the combination
between theoretical management skills and a very practical approach.
This allows you to apply everything you learn directly to real
business problems. Yesterday, for example, we visited BBC Worldwide on
their site to learn about their strategy.
abhinav (Nov 11, 2009 12:01:41 PM)
Lisa: I wanted to know more about the concept of business immersion.
CarlosSanzEsteveLONDON (Nov 11, 2009 12:02:40 PM)
I would say to date, the best part of the programme is
the possibility to meet a group of smart and diverse people. Working
with our peers and learning from them is definitely a major part of this
programme. And regarding the thing I least like....I cannot come up with any answer to be honest!
Linda Abraham (Nov 11, 2009 12:03:32 PM)
Jamie, is the curriculum for the MiM program more geared to students without business undergraduate coursework?
BlairBeavisLONDON (Nov 11, 2009 12:03:34 PM)
Linda, we have a large career services team with a strong business development
team covering companies from industry, finance and consulting. The
response from recruiters and potential employers has been very positive
and we already have a number of students interviewing with companies
such as L'Oreal, Blackstone, PWC, Nomura, McKinsey and many more. Of
course the list is always growing as we connect with more companies and
the programme becomes more established. We also have students in
ambassador roles who are also helping to build relationships with
employers. We have 4 career reps in the class who work closely with us
to build different contacts as well.
JamieWrightLONDON (Nov 11, 2009 12:04:14 PM)
Linda, to answer your question about the curriculum. As this is a general management course, we do cover the fundamentals of
business and management --- economics, finance & accounting, etc. Those
individuals who have already studied business or management may find
some overlap with what they have studied in their undergraduate
coursework. However, what those students may find different is the approach we
take. We aim to make our curriculum as practical and applied as
possible. Structured as a series of modules, the programme adopts a
three-dimensional curriculum which will provide students with a solid
foundation in the fundamental elements of business. With that said, we do accept undergraduate degrees from any subject area.
LisaMortiniLONDON (Nov 11, 2009 12:04:36 PM)
Abhinav - Business Immersion Week allows our students to visits all
sorts of companies (for example J&J, Nomura, & What if) as well as media
agencies (Guardian & BBC) and government bodies (London Stock
Exchange & Houses of Parliament) and see how they are all tied together.
Linda Abraham (Nov 11, 2009 12:04:38 PM)
Brenden and Carlos, have the events in the financial markets and the
recession affected your coursework? How have they entered your
BrendenJongmanLONDON (Nov 11, 2009 12:05:03 PM)
That is a very good question. We certainly do see there is a financial crisis in our course work. I
think most importantly, it gives us extremely interesting business cases
on which to focus. Management is definitely a lot harder in times of crisis
than in times of an economic peak. However, I don't think that the
crisis negatively influences us, since two of our students already
secured a job in investment banking.
Linda Abraham (Nov 11, 2009 12:06:21 PM)
Blair, what kind of career guidance do you give students?
CarlosSanzEsteveLONDON (Nov 11, 2009 12:07:01 PM)
Linda, of course financial crisis is a major issue and the programme must
address the issues that matter most to business today. As a result, the
coursework is addressing this issue in several ways. For instance, we
are now preparing an assignment as part of our Business Immersion Week
on how financial markets affect businesses today.
Ben (Nov 11, 2009 12:07:21 PM)
Lisa: Hi LBS team, you mentioned some difference in terms of ages and
experiences between MIM and MBA, but what about the courses themselves? Are there any differences between these two programs?
Linda Abraham (Nov 11, 2009 12:08:44 PM)
Brenden and Carlos, why did you choose London Business School’s MiM program? Has it met your expectations?
abhinav (Nov 11, 2009 12:09:02 PM)
Jamie: Is there no specialization involved, like for instance in the case of an MBA, we have finance etc.?
JamieWrightLONDON (Nov 11, 2009 12:09:44 PM)
Hi Abhinav, thanks for your question. We do not offer the option of a specialization. However, we have more
than 80 student clubs, which include what we call professional clubs. Through these clubs students are able to interact with peers and
professionals of the industries they are interested in. For example,
those students who are interested in going into finance or consulting
can participate in the Finance or Consulting Clubs; those interested in
media, the Media Club.
Linda Abraham (Nov 11, 2009 12:09:54 PM)
Lisa, while I understand you don't expect full-time work experience
from applicants, what kind of experience would you like to see?
Linda Abraham (Nov 11, 2009 12:10:31 PM)
Blair, what kinds of positions do you see MiM students interviewing for?
LisaMortiniLONDON (Nov 11, 2009 12:10:39 PM)
Hi Ben, yes there is a difference. The MiM courses are taught by MBA faculty as
well as PhD students (TAs) and some of the topics are the same. However, they
are structured differently and all MiM students will study the
same core subjects, whereas MBAs can specialise in their second year.
BlairBeavisLONDON (Nov 11, 2009 12:11:11 PM)
Linda, we are one of the few programmes who have factored a career services
module into the curriculum - we offer extensive guidance to MiM
students both in lectures and in smaller group workshops with
everything from help to decide what career direction people might want
to take, how to navigate the "milkround" process, developing CV's,
cover letters, to interview practice & assessment centre and case study
practice according to the industry that people are applying to. We have
the support of career coaches, the business development team with their
company and industry expertise and of course myself.
CarlosSanzEsteveLONDON (Nov 11, 2009 12:11:23 PM)
Linda, I wanted to have the brand of a top tier business school behind
me in order to enter the job market more confidently. I was really
delighted to know that London Business School was launching this new
programme addressed students without prior experience. I thought it was suited
perfectly for me and deeper research confirmed my first impression that
I would be a fit in the international and diverse environment here. And
yes, I must say that it has completely met my expectations.
abhinav (Nov 11, 2009 12:11:39 PM)
Jamie: How does the MiM program differ from the other Masters in Management course at other institutions?
BrendenJongmanLONDON (Nov 11, 2009 12:12:01 PM)
Linda, I applied to several masters in management programmes and got an offer
from a couple of business schools. When visiting these schools I
directly recognised that London Business School is just very different
from other schools, in the sense that they don't offer just a study
programme, but a real experience. I very much liked the practical
approach of the MiM programme and the great focus on your personal
development and career. Compared to other schools, you will develop a
lot faster and further within one year. Furthermore I took in consideration that the brand of London Business
School on your CV will be extremely valuable in the rest of your
career. It is respected worldwide and will give you a head start over
LisaMortiniLONDON (Nov 11, 2009 12:13:08 PM)
Linda, in regards to the work experience we look for, it should be less than
one year if full-time post graduation. We do however pay close
attention to any internships applicants may have done during their
undergraduate studies; which company did they work for, what did they
actually do, did they have any responsibilities, and did they travel abroad
for an internship? In addition to possible work experience and internships, we do look for
extra-curricular achievements: involvement in social or artistic clubs,
sports teams, and volunteer work, etc.
Linda Abraham (Nov 11, 2009 12:13:53 PM)
Jamie and Lisa : When you evaluate an application, what are the three
most important qualities you want to see before you will vote to admit
JamieWrightLONDON (Nov 11, 2009 12:14:13 PM)
Abhinav, I would revert back to Blair's comment on our career services
team and how they are fully integrated into our curriculum. I think this is definitely something that sets us apart from other schools. Our practical approach to teaching is something that we feel sets us
apart from similar programmes. We balance theory with deep analytical
skills and practical content.
BlairBeavisLONDON (Nov 11, 2009 12:15:02 PM)
Linda, MiMs are applying for and being interviewed for graduate level
positions where employers are looking for students with little to no
work experience. At the moment, most of the roles are to join official
graduate programmes which are typically with the bigger firms who have
set deadlines and recruitment procedures to follow. As the year
progresses I expect to see smaller companies with more direct hire
roles. We need to set expectations that students should not expect to
enter a company at a higher level as a result of the masters, but we
would expect their progression to be faster as a result of having this
LisaMortiniLONDON (Nov 11, 2009 12:16:23 PM)
Linda - for me, it is excellence in all achievements, global outlook and energy!
Linda Abraham (Nov 11, 2009 12:16:42 PM)
Lisa, what percentage of the MiM class comes from the UK? What percentage comes from North America?
Ben (Nov 11, 2009 12:16:50 PM)
Lisa: Thanks for your answer. I guess I am too old for the program since I already have 6 years experience. :)
LisaMortiniLONDON (Nov 11, 2009 12:17:22 PM)
Sorry Ben, afraid so!
Linda Abraham (Nov 11, 2009 12:17:39 PM)
Ben, check out the LBS MBA.
Linda Abraham (Nov 11, 2009 12:17:47 PM)
For all of you, what do each of you view as the strengths and weaknesses of the MiM program?
LisaMortiniLONDON (Nov 11, 2009 12:17:50 PM)
Linda - it is 10% from the UK. 8% of our students come from North America.
Ben (Nov 11, 2009 12:18:17 PM)
Linda: I definitely will.
abhinav (Nov 11, 2009 12:18:51 PM)
Lisa: With regard to the application rounds, will my chances be bleak if I apply in the later stages?
Linda Abraham (Nov 11, 2009 12:19:35 PM)
Blair, is it too early to detect an area of business that a plurality of MiM grads will enter? Do you see many going into finance or consulting or IT?
BrendenJongmanLONDON (Nov 11, 2009 12:19:44 PM)
Linda, some strengths are: practical approach, world-class teaching, opportunities to
experience the real business world by visiting top companies, get a
very broad and complete overview of the business world, the location at
Regent's Park in the financial heart of the world, and a strong name
on your CV. Another important strength is the access to the London Business School
network, which you will be using in the rest of your career. For me,
contacting alumni has got me in contact with great companies.
BlairBeavisLONDON (Nov 11, 2009 12:19:49 PM)
For me, the focus on career and professional skills is a key strength
and differentiator that other programmes do not offer - we are
currently offering a minimum of 5 hours of career support per week!
CarlosSanzEsteveLONDON (Nov 11, 2009 12:19:54 PM)
Strengths: international environment, practical approach, worldwide
reputation, networking possibilities, top class faculty, location in
one of the world business and financial centres, and collegiate
JamieWrightLONDON (Nov 11, 2009 12:20:09 PM)
Linda - for me, I also like to see individuals who have excelled in all
areas of their life, both academically and personally. But to choose
three things, I would say professionalism, enthusiasm and motivation.
LisaMortiniLONDON (Nov 11, 2009 12:20:09 PM)
I would say our strength is a very practical approach to business studies and a very strong career support. Our weakness: space!
CarlosSanzEsteveLONDON (Nov 11, 2009 12:20:16 PM)
Regarding weaknesses... this is much more difficult!! Yes, maybe space is a problem right now!
Linda Abraham (Nov 11, 2009 12:20:42 PM)
Blair, wow! That's 5 hours per student per week?
MiM (Nov 11, 2009 12:21:21 PM)
Jamie, are MiM students able to participate in or take classes from other London Business School programs?
LisaMortiniLONDON (Nov 11, 2009 12:21:41 PM)
Abhinav - no, we manage numbers through a waitlist system so there is
no "first come, first serve" policy or quotas by stages. That said, I
would advise against the final 5th stage as you may have missed
deadlines for scholarships.
JamieWrightLONDON (Nov 11, 2009 12:21:43 PM)
Hi MiM, thanks for your question. While students are not able to take classes that are part of other
programmes (for example MBA, MiF), they do have access to same guest
speaker events and other cross-programme events.
Linda Abraham (Nov 11, 2009 12:22:08 PM)
Brenden and Carlos, what do you wish you would have done before
starting the program that would have made the beginning/transition
easier? Did you do anything especially effective that helped you?
BlairBeavisLONDON (Nov 11, 2009 12:22:14 PM)
Linda, in the early days there were many people who came in with quite set
ideas as to what they wanted to do and I believe we have opened
people's eyes as to the different opportunities available. Saying that,
there is a huge focus on Consulting, but of course that comes in many
forms and there are 300+ consulting firms in London, so we want to make
sure people get exposure to different roles and firms and understand
where they might best fit in and where they can be most successful.
BlairBeavisLONDON (Nov 11, 2009 12:23:09 PM)
Correct Linda - we offer 3 hours of lectures and work shops and in addition
we have open house Q&A that I participate in together with career coaches. There are
also multiple events run by the clubs offering sector specific advice
on CV's, and cover letters etc.
Linda Abraham (Nov 11, 2009 12:23:39 PM)
LisaMortiniLONDON (Nov 11, 2009 12:24:37 PM)
Nina, Marie, Cole - any particular questions we can answer for you?
CarlosSanzEsteveLONDON (Nov 11, 2009 12:24:38 PM)
Linda, I actually came two weeks before the
programme began in order to get used to the city and take care of
necessary stuff such as opening a bank account, registering with the
doctor, etc. We also created a Facebook account in order to get to meet our
classmates before the programme began. We even organised a non-official
BrendenJongmanLONDON (Nov 11, 2009 12:24:42 PM)
Linda, about 70% of the students have done an internship before coming to the
MiM programme. I am not one of them, but I agree that is a great
experience that gives you a good preparation for the course.
Furthermore, the GMAT you will have to take will help you in the quantitative part of the programme.
abhinav (Nov 11, 2009 12:24:44 PM)
Lisa: What are the scholarships and other financing options available?
Linda Abraham (Nov 11, 2009 12:25:12 PM)
Brendan and Carlos, where do most of the students live?
LisaMortiniLONDON (Nov 11, 2009 12:26:17 PM)
Abhinav, we do have a limited number of scholarships open to all candidates
offered a place on the programme. Awards are up to £6,000 and are
allocated based on merit, and application details are sent once an
individual has been offered a place. As scholarship funding can change,
we advise all applicants to look into external funding opportunities
early, as application deadlines do vary. Details of external
scholarships can be found on our website.
Linda Abraham (Nov 11, 2009 12:27:15 PM)
Lisa, are the loan options available too?
BrendenJongmanLONDON (Nov 11, 2009 12:27:31 PM)
That is very diverse. Most students found themselves a place to live in
walking distance of school, either in halls of the University of London
(for which you can apply) or something they found themselves. Others
choose to live further away to avoid the high rents in the centre. In
general, I would say it is very easy to find accommodation in London.
cole (Nov 11, 2009 12:28:44 PM)
Carlos and Brenden: How often are you examined on work done during a term?
LisaMortiniLONDON (Nov 11, 2009 12:28:52 PM)
Linda- I'm afraid there isn't a specific loan scheme for London
Business School MiM students, so we encourage applicants to explore
possibilities in their home country or with a bank with whom they are already
CarlosSanzEsteveLONDON (Nov 11, 2009 12:28:54 PM)
London Business School, as part of the University of London, has a
quota on several of the students halls of the University of London. In my case, I am
living in one of those students halls, along with several of my
classmates. However, I would say that the majority are living
independently in the area surrounding the school. Flat sharing is a good
opportunity to develop lifelong relationships with peers and
also helps to reduce the cost!
abhinav (Nov 11, 2009 12:28:57 PM)
Blair: I have heard about MBA students taking part in various projects
in affiliations with various firms. Is this also a part of the MiM
BrendenJongmanLONDON (Nov 11, 2009 12:29:08 PM)
Thanks for your question Cole. This term we have three courses plus career services. Approximately
every two weeks we have to hand in assignments. Last week we had
mid-term exams and in December we have our finals for these courses. So
in general you are examined on several occasions during the term.
BlairBeavisLONDON (Nov 11, 2009 12:30:45 PM)
Abhinav - we are always looking at ways to enhance our relationships with
employers and certainly projects is one way of doing that. We actually
have a site which employers can access, where not only can they access
MiM CV's, but they can post all types of positions - full time,
internship and projects. We would encourage students as much as
possible to interact with employers in this respect as you never know
when an opportunity might convert to a full time job offer. We also
have companies approach us looking for students with specific skills
sets even at the junior level and we also have competitions that
companies run across schools which MiM students are invited to
participate in - for example there is one kicking off next week with
TATA, which is clearly a massive group in which MiM students can get
Linda Abraham (Nov 11, 2009 12:31:17 PM)
Jamie, how does London Business School view the GRE compared to the
GMAT? Are applicants required to submit a GMAT score? Can they
substitute a GRE score for the GMAT requirement?
JamieWrightLONDON (Nov 11, 2009 12:33:15 PM)
Linda, we do not accept GREs in place of the GMAT, which is a mandatory
requirement for all applicants. The GMAT tests a specific skill set and
is an important tool which we use to measure an applicant’s aptitude
for graduate management study and allows us to distinguish between
candidates using the same tool. We look for GMAT scores in the range of 600-800. This year's class has an average of 687 and we have received scores up to 770. Also, an applicant must have taken the GMAT before submitting
their application and we will not accept applications without a GMAT
score. We will also accept the highest score achieved, so I would
suggest submitting your application only once you have obtained the
score you would like us to review.
cole (Nov 11, 2009 12:33:53 PM)
Are MIM students allowed to hold any form of leadership posts in the student clubs?
Linda Abraham (Nov 11, 2009 12:35:42 PM)
Thanks Jamie. That's very helpful. Are there experiential learning elements to the curriculum?
CarlosSanzEsteveLONDON (Nov 11, 2009 12:35:43 PM)
Definitely Cole. We are not only allowed but encouraged to take an
active role in the clubs in which we are interested. Along with general
positions, the larger professional clubs, such as finance and
consulting, have appointed one or two MiM representatives to ensure
that the activities of the club are relevant for the pre-experienced
BrendenJongmanLONDON (Nov 11, 2009 12:36:00 PM)
Yes, MiMs are definitely very active in the student clubs. A lot of
clubs want specific 'MiM representatives' on the board who run the
clubs. You can have all the leadership and organisational exposure as
LisaMortiniLONDON (Nov 11, 2009 12:36:01 PM)
Cole, in addition to club leaderships positions, MiM students can also
become class reps (academic, social, careers), student association
reps, student ambassadors and bloggers!
Linda Abraham (Nov 11, 2009 12:36:09 PM)
Brenden and Carlos, what has been your favorite class? Professor?
JamieWrightLONDON (Nov 11, 2009 12:38:07 PM)
Linda, the students have some really fun opportunities to learn "outside" of the classroom. In week one the students got together for a Marketing Challenge where
they were to create marking collateral to promote the programme. All we
gave them was the assignment; it was up to them to come up with the
ideas and turn them into reality. Our Career and Business Immersion weeks also offer our students a great
way to learn outside of the classroom. You can actually follow all
these activities via our twitter account --- lbsmim.
CarlosSanzEsteveLONDON (Nov 11, 2009 12:38:36 PM)
Difficult question Linda...All courses are extremely relevant and
interesting but if I had to choose I would select Microeconomics and
abhinav (Nov 11, 2009 12:39:14 PM)
Carlos and Brendan: What does a typical day of a MiM student look like?
abhinav (Nov 11, 2009 12:39:19 PM)
Blair, is it possible for students to take up an internship during the course?
BrendenJongmanLONDON (Nov 11, 2009 12:39:23 PM)
Linda, we have had four courses until this point: Leadership Awareness,
Applied Microeconomics, Management Analysis & Systems and Financial
Accounting. My favourite course until now is Management Analysis &
Systems, which gives you a great range of practical skills to look at
and solve business problems. Regarding the professors, all of them are
great until now. They are inspiring and very good in what they do. I agree with Carlos that Jean-Pierre Benoit is our best
teacher until now.
BlairBeavisLONDON (Nov 11, 2009 12:39:55 PM)
Linda, career week and Business Immersion week are great learning experiences
outside the classroom. Both involve students going out to different
companies across sectors and interacting with business representatives,
not only allowing them to understand what a role would be like working
for that company, but also how businesses actually work.
CarlosSanzEsteveLONDON (Nov 11, 2009 12:40:03 PM)
Abhinav, to be honest, I am not quite sure there is a typical day. Normally we attend either lectures or seminars from 8:45 to 3 (don't
worry, there's a lunch break!). Afterwards we have a career session on
Monday and Tuesday. But there are so many events, in the evenings and weekends as well, (speakers, clubs events, company
presentations) that our agenda can get extremely tight at some point.
We have quite some flexibility to develop our own agenda according to our
interests. And, of course, some weeks are special. For instance, now we
are in our Business Immersion Week and our activities are completely
BrendenJongmanLONDON (Nov 11, 2009 12:41:53 PM)
It is difficult to describe a typical day. In weeks in which we do not
visit companies, the schedule would look like this: Monday and Tuesday:
lectures from 9 - 5, Wednesday: practicals from 11 - 3, Thursday: free
study/student club/activities day, Friday: seminars from 11 - 2. In that schedule, part of the lectures is courses and part is career services.
BlairBeavisLONDON (Nov 11, 2009 12:42:19 PM)
Abhinav - unfortunately internships during the programme are quite
difficult because it is only a one year programme. While some companies
do offer "off-cycle" internships during the spring or winter breaks,
they typically need a longer time commitment than our holidays allow.
Of course that doesn't stop students engaging in work experience
opportunities if they can be fitted into the holiday period.
Linda Abraham (Nov 11, 2009 12:42:54 PM)
Jamie, that's one way to get marketing material on a budget. :-)
BlairBeavisLONDON (Nov 11, 2009 12:43:12 PM)
Of course - some employers also recognise these constraints and will
enable students to take on a summer internship post graduation with a
view to converting it to an offer with an immediate start if all goes
Linda Abraham (Nov 11, 2009 12:43:57 PM)
Blair, I understand that is particularly common in investment banking following one-year programs.
Linda Abraham (Nov 11, 2009 12:44:36 PM)
Lisa, what is the current percentage of women admitted to the program?
BlairBeavisLONDON (Nov 11, 2009 12:45:12 PM)
Yes Linda, that's correct - employers see the benefit of having students
spend time in the business - particularly when it is as intense as
banking - to be really sure that it is what they want before committing
full time. They are becoming more and more flexible in order to get the
LisaMortiniLONDON (Nov 11, 2009 12:46:48 PM)
Linda- we are very proud to have a class with 41% women, which is
very high for a European business school degree programme. We look for
diversity in all forms and hope to maintain or improve on this number
Linda Abraham (Nov 11, 2009 12:47:05 PM)
That is an impressive number. Thanks.
Linda Abraham (Nov 11, 2009 12:47:06 PM)
Thank you again all for participating today. Special thanks to Jamie, Lisa, Blair, Brenden and Carlos.
We look forward to seeing you at future chats, and here is a list of the upcoming scheduled chats:
If you would like to automatically receive notices about our admissions
chats and other admissions events, please subscribe to our MBA event
list. Please check the website for additional details.
Good luck with your applications!
LisaMortiniLONDON (Nov 11, 2009 12:47:42 PM)
Thanks Linda. Good evening to everyone!
BlairBeavisLONDON (Nov 11, 2009 12:47:53 PM)
No problem! Thank you for your questions. Good luck to you all with next steps!
abhinav (Nov 11, 2009 12:48:01 PM)
Thanks a lot everyone!
MiM (Nov 11, 2009 12:48:02 PM)
Thanks Jamie, Lisa, Blair, Brenden and Carlos!
JamieWrightLONDON (Nov 11, 2009 12:48:03 PM)
Thanks Linda! Good speaking to you all!
CarlosSanzEsteveLONDON (Nov 11, 2009 12:48:16 PM)
Thanks Linda! Good evening!
BrendenJongmanLONDON (Nov 11, 2009 12:48:22 PM)
Thanks for joining us all, hope to see you on the School!
Linda Abraham (Nov 11, 2009 12:48:32 PM)
You're most welcome.
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