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Degree
MBA

Language
EN

Tuition Fee
34,000 Euro

Application Deadline
31 July

Programme Start
October

Duration
12 months

The Frankfurt MBA

Our programme builds on 60 years of teaching and research at Frankfurt School, one of Germany’s top-ranked business schools. The programme is aimed at international and German young professionals from all industries with at least two years of work experience and strong leadership abilities.

Our value proposition:

  • Transformational learning experiences
  • Comprehensive career development
  • German excellence, global relevance
Highlights
  • Europe's economic capital is the ideal location for your MBA
  • Global perspectives and international student community
  • Two international study trips to FT top-ranked business schools
  • Intensive German language courses to maximise your job chances
  • Outstanding faculty and executive talks: 'In the Boardroom'
  • Strong career and personal development
  • Dorms are available for our Frankfurt MBA students

Eligibility requirements

Admission to The Frankfurt MBA at Frankfurt School is very competitive. To qualify for admission, you will need to fulfil the following eligibility requirements:

  • First academic degree (Bachelor’s or equivalent)
  • Recommended three years of work experience (minimum two)
  • GMAT or GRE test results (or Frankfurt School Admissions Test)
  • Excellent written and spoken English (TOEFL IBT min. score 90 / IELTS min. score 6.5)

Although German language skills are not required for your studies at Frankfurt School, strong German is extremely helpful when seeking an internship or a job in Germany. We offer intensive German language courses at all levels for our international MBA students.

Study fee

Registration fee:100 Euro
Total tuition fee:34.000 Euro
Early-bird tuition discount 1

(complete applications received by 30 November)

5,000 Euro
Early-bird tuition discount 2

(complete applications received by 28 February)

2,500 Euro
Alumni discount:4,500 Euro

Frankfurt School Scholarships are available for highly qualified applicants. For more information, contact our study support service.

Deadlines

We encourage you to complete your application as early as possible, as there are a limited number of places in the MBA programme. There are also special financial advantages for candidates who submit a complete application early:

30 November  5,000 Euro early-bird tuition discount
28 February 2,500 Euro early-bird tuition discount
31 May Scholarship deadline
31 July Application deadline

Information Events

Would you like to get a first-hand impression of what our business school and our MBA programmes are really like? Meet The Frankfurt MBA Programme Director, talk with current students, take part in a classroom lecture or tour our campus. It is all possible through individually scheduled sample lectures and our regular MBA Evenings.

Sample lectures

Visit an MBA class this semester to discuss a case study with academic staff and current MBA students. This is your chance to experience typical classroom subjects, teaching techniques, and learning methods.

Feel free to contact our MBA marketing managers to arrange a campus visit, including a guided tour of the campus.

MBA Evenings

Learn more about our MBA and EMBA programmes at one of our MBA Evenings! Benefit from personal conversations with our professors and programme directors and find out which programme could help you realise your full potential. 

Curriculum

The Frankfurt MBA is an intensive 12-month experience split into two 6-month semesters on campus.

MBA Leadership Camp

Get to know your new classmates during this activity-packed weekend retreat. Start developing many of the key skills you will employ throughout the programme, including teamwork, communication, and time management.

Introductory Courses (optional)

  • Basic Finance
  • Basic Accountancy
  • Basic Statistics
  • Basic Micro Economics
  • Basic Macro Economics

Professional Development

Throughout semester 1 & 2

Soft Skills

  • Teambuilding and Intercultural Management
  • Presentation and Communication

Skill courses

  • Project Management
  • Excellence in Excel Sheet and Regression Analysis
     

Comprehensive Career Development and 'Colloquium: In the Boardroom'

Semester 1

Understanding Markets and the Business Cycle

In the last decade, more and more economic tools have been productively integrated in managerial decision making. Typical examples are game theory as well as the analysis of incentive problems and negotiations. In the first part of the course, the economic perspective on business problems is discussed by combining standard theories on strategic thinking and behavioral decision making with insights from empirical and experimental research. In the second part students get familiar with the current global business cycle and macroeconomic policies as important features of the business environment.

Lecturers

Managing Financial Performance

Unless a company is successful financially, it does not matter how good a company's products or services are. In the most basic sense, financial success is business success and requires an effective and state-of-the art financial performance management.

The aim of this module is to introduce students how to measure performance and use this information internally to implement corporate strategy and externally to communicate and inform external stakeholders. A major emphasis is put on accounting information as "the primary language of business" although the course also covers alternative performance information such as customer satisfaction measures or the growing importance of social media information.

For strategy implementation and managerial performance management, a particular emphasis is put on the measurement of performance at different levels in an organization. It will be discussed extensively how non-financial and financial performance measures can be used for decision-making and control to implement corporate strategy. For information of external stakeholders, a particular emphasis is put on financial accounting information such as understanding the structure, details and interconnections between the balance sheet and the income statement based on International Financial Reporting Standards (IFRS). Students will learn how this information can be interpreted and used by external stakeholders of an organization.

Lecturer

Developing Strategy

The module explores how to evaluate and develop effective business strategies. We discuss key drivers of profitability and examine how market structures, competitor behaviour, and the resources and capabilities of a company contribute to sustained profitability. The module then analyzes how value creation and value capture affect competitive positioning and the design of business models. Finally, we discuss how corporate strategy -- diversification moves and vertical integration -- may create or destroy value for shareholders and other stakeholders.

Lecturer

Managing Technology and Operations

Matching demand and supply is a key driver of firms’ competitive advantage, but is difficult because demand in most markets can vary (in predictable as well as unpredictable ways) while supply is inflexible. This course provides a set of concepts and tools designed to better manage demand-supply mismatches. Importantly, a fundamental understanding of Technology and Operations Management is at the heart of business model innovation, which is evidenced by recent technology-driven business success stories, such as Amazon, Netflix, Starbucks, Uber, Zara, Zipcar, etc.

Lecturer

Financing the Enterprise

The purpose of this module is the introduction of techniques to analyze major financial decisions made by corporations. The module focuses on finance concepts that can be applied directly to real-life financial decision making. Main topics covered in the course include hurdle rates and the cost of capital (i.e., the investment decision), the mix of debt and equity and the choice of the right kind of debt (i.e., the financing decisions), basic valuation concepts (i.e., discounted-cash flow and multiples valuation), mergers and acquisitions, and corporate governance. The course enables participants to make and assess complex corporate financial decisions. 

Lecturer

Leadership & Change Management (international)

In this module, students will learn about the various leadership approaches that influence successful leadership of individuals and teams. Moreover, they will reflect on their own behaviour in order to improve their leadership style and abilities. In doing so, the will also take into account aspects of organisational culture in order to understand how to motivate and incentivize teams for performance and continuous improvements.

This module will be held at SDA Bocconi School of Management in Milan.

Semester 2

Managing Marketing and Innovation

"The purpose of business is to create and keep a customer" – this statement by Peter Drucker is as true today as it was 60 years ago. In this course, we will discuss marketing and innovation strategies for targeting, acquiring, retaining, and developing customers. Students will learn how to quantify marketing success and how to evaluate the contribution of marketing and innovation activities to the overall success of the firm.

Lecturer

Organisational Behaviour & Business Ethics (international)

Business Ethics

The course focuses on ethical and responsibility dilemmas at the level of individuals, businesses, and society. It reflects the philosophy of business, one aim of which is to determine the fundamental purposes of a company.

Students will be able to develop an independent analysis and provide solutions to questions relating to managers and corporations’ dispositions and their ethnical and societal consequences. Knowledge gained from this course forms the basis of strategic and operational decisions relating to the structure and management of a business.
Knowledge: The students learn basic concepts and theories from the fields of business ethnics, CSR and corporate governance and stakeholder theory.

Skills: Students learn to recognize and solve ethical dilemmas, to participate in stakeholder analysis and to understand and influence employees’ behaviour. An integral part of the course is self-reflection, teamwork, and presentations. In the context of presentations students have the possibility to practice presentation techniques. Both presentations and discussions in the lessons help to develop rhetorical skills. Working together in a group develops teamwork capabilities.

Reflectivity: Students are made aware of management responsibilities and learn how to work in a constructively critical way.

Organisational Behaviour

The second part deals with organisational behaviour, i.e., the behaviour and attitudes of individuals and groups within the specific environment of businesses. Relevant topics relate to core process variables affecting people’s performance at work: For example, what factors stimulate job satisfaction and motivation? To what extent is employees’ motivation and success at work dependent on their personality profile (internal factors) or leadership (external factors)? Does power change people’s personality and if so, in what direction? What factors, beyond rational criteria, affect people’s perceptions and decision-making at work? In this respect various models and approaches to personality, social and organisational psychology will be reviewed. Critical-ethical reflection will be encouraged in considering the subsequent conclusions regarding students’ individual approach to leadership.

This module will be held at BI Norwegian Business School.

Electives (1 required plus 1 optional)

Managing Digitalisation & Big Data

Digitalisation focuses on transforming processes, products, or entire business models through information technology. The ubiquity of digital technologies in terms of enterprise applications, but also sensors, social media, and different kinds of mobile devices, the tremendously increasing availability of various kinds of data, and the development of analytical tools and capabilities for handling and utilizing these vast amounts of "Big Data" enable firms to transform any facet of their business – from optimising or re-engineering the business processes and operations, via changing the way how business decisions are made to digitalising the customer interface, products and services, or re-inventing the whole business model.

In this module, students will get an overview about the opportunities and challenges of managing digital transformation. They will get a basic understanding about how information systems support the operations of an organisation, they will learn about the range of technologies and analytical approaches that help to utilise “Big Data”, and they will develop competencies to use this knowledge for transforming parts of a business towards a digital business. They will also get insights into the fundamental challenges of establishing a firm-wide IT platform, which is required to run digital initiatives and to enable data-driven processes and business models. Finally, we will discuss the economic and societal changes that come along with the digital transformation of firms and industries.

Lecturers

Investments and M&A

The objective of this course is to undertake a rigorous study of the theory and empirical evidence relevant to investment management. It will introduce you to the characteristics of various financial securities and discuss the risks and rewards associated with them.

Topics covered include optimal portfolio selection and asset allocation, the theory of asset pricing models, market efficiency, behavioral finance, the mutual fund and hedge fund industry, as well as techniques for evaluating investment management performance.

Lecturer

Supply Chain Management

Supply chains are networks of organizations (suppliers, manufacturers, distributors, retailers) that jointly supply and transform materials, and distribute products and services to consumers. If designed and managed properly, these networks are a crucial source of competitive advantage for both manufacturing and service enterprises. Each day, companies such as Amazon, Apple, Dell, and Zara try to leverage their supply chain management capabilities to achieve sustainable growth far ahead of their competition. This course develops a framework of supply chain drivers, that helps students understand the financial implications of a firm’s ability to align its supply shain strategy with its overarching competitive strategy. Importantly, the course addresses supply chain tailoring: what is the right supply chain strategy for one product (say, diapers), may well be the wrong strategy for another (say, fashionable shoes).

Lecturer

Organisational Design

The purpose of this module to understand how managers design organisations for superior performance. It offers a problem-driven analysis and discussion of how to manage coordination, cooperation, and choice in departments, business units, corporations, and business networks.

The course blends economic and behavioural perspectives and exposes students to recent management thinking in organisation design. The course combines case analysis, conceptual frameworks, and classroom experiments, to offer a compelling introduction to managerial challenges in effective organisation design.

Lecturer

Renewable Energy Finance

The elective “Renewable Energy Finance” will provide an overview of the regulatory environment as it is shaped by climate related policies. Together with an introduction to the specifics of electricity markets (e.g. grids, volatile and intermittent sources, challenge of storability) the approaches to finance renewables-based electricity generation will be discussed.  We will look at project finance transactions for wind or photovoltaic and identify major risks and potential mitigants. Along this we also discuss the role of public finance institutions (e.g. World Bank or national promotional banks) and their respective toolbox for investment support (e.g. concessional loans, guarantees), as these institutions play a significant role at a global scale. Global market trends will be discussed.

A significant part of the course will be dedicated to debate topical issues from the field. These may include: (i) characterising different forms of “Green Bonds”; (ii) relation between financial markets and climate change impacts and policies; (iii) trend to securitise renewables-portfolios through so-called “YieldCos” (tradable equity); (iv) impact of developments at the level of the UN climate negotiations.

Lecturer

Capstone Course: Entrepreneurial Management (Semester 2)

Introduction

Courses in entrepreneurship and entrepreneurial management have gained popularity in business schools everywhere, but it is not clear just what should be taught and how. In contrast to accounting, for example, entrepreneurship lacks a defined technical base or discipline. Moreover, individuals and organizations ranging from street vendors to transnational corporations all espouse entrepreneurial activity, which suggests that the topic should permeate all of business education. What can the focus of a special course on innovation and entrepreneurship possibly be?

The mission adopted for the Entrepreneurial Management course is to prepare MBA and EMBA students to start and nurture their own businesses (whether such businesses are new or within established organizations). Business schools admit students with great talent and high long-term expectations of responsibility, autonomy, and financial reward. Historically, some MBA and EMBA students have had an innate desire to run their own businesses, but many of those who didn't often turned to entrepreneurship after they confronted the realities of a pyramidal corporate world.

Further, it is widely recognized that even the future leaders of large business corporations must have an entrepreneurial mindset, in order to create the growth engines that will provide sustainable growth opportunities to their organizations.

This course will provide an overview of innovation and entrepreneurship that will help entrepreneurs in independent start-ups as well as large corporations pursue new business opportunities.

Course expectations:

  1. The course is really about developing an attitude, mindset, and skills that are crucial for becoming a creative business person. These skills and mind-set are applicable both in the context of starting a new firm as well as starting a new business in an established company.
  2. Through cases and readings we will address questions such as:
  • What is entrepreneurship?
  • What is a good business opportunity; where does it come from?
  • What is the difference between an idea and an opportunity
  • What decisions/actions are required to convert an idea to an opportunity and an opportunity to a growing concern?
  • What are the critical challenges in starting a new venture?
  • How do you grow a business from start-up?
  • What different kinds of innovations can an organization pursue?
  • What are business models and how do they influence growth?
  • What are the alternative sources of capital for early stage ventures?

3. The course asks the above questions in 3 contexts: start-up; growth; and established firm

4. Underlying the whole course is a particular approach to starting ventures that does not rely on large amounts of capital. The common resources we all possess are talent, intelligence, time, energy, and contacts. What most of us do not have is an abundance of financial capital. The bottom line is that it is out of commonly available resources (intelligence, energy, enthusiasm, education, and contacts) that you have to start the process to create a new business. Large corporations are also interested in understanding “lean” start-ups that can be set up and tested frugally.

5. This course cannot guarantee that you will become an entrepreneur, but you will understand what is required to develop the mind-set, attitude and skills that are the necessary hallmark of successful wealth creators.

6. One of the tools entrepreneurs use to communicate with their stakeholders is the Business Plan. We will think about the different uses for and the content of a business plan.

Topics to be covered:

  1. What is entrepreneurship?
  2. How are opportunities identified and how can they be evaluated?
  3. What different kinds of resources do start-ups need and how can they be mobilized?
  4. How can a start-up develop and fine tune its business model?
  5. What are some of challenges associated with growth?
  6. What are the unique challenges of launching new businesses from established companies?

Lecturer

Thesis

The master thesis at the conclusion of the programme of studies provides students with three options to put their newly developed skills into practice and to demonstrate their analytical and research competency at the Master level through a major piece of work:

Group Consultancy Project (GCP)

A Group Consulting Project (GCP) is performed by a group of three or four students working in consultation with the supervisor and a project leader of a respective external company or organisation on an agreed strategy or management problem. It is expected that the GCP results in practical, implementable recommendations to the organization providing the project.

This year the GCPs are with Daimler, DFB GmbH, Eintracht Frankfurt, Heidelberger Druck, Linde Material Hdlg GmbH, OMMAX Digital, Paul Hartmann AG, Rheinmetall Automotive AG or Zalando SE.

Entrepreneurial Business Plan (EBP)

An EBP is a comprehensive business plan for the establishment and start-up phase of a new enterprise/initiative, according to a set format, developed by one to three MBA students.

Individual Research Project (IRP)

An Individual Research Project is a study of a practical business problem, preferably in conjunction with an external company or organization. 

Application process

1. Online application

The first step in applying for our programme is the completion of our online application, which includes uploading the following required documentation in support of your application:

Required Documents

  • CV or resume
  • Transcript of records and degree certificate from previous university degree(s)
  • Two letters of recommendation
  • GMAT / GRE score report, or registration for FS Admissions Test
  • TOEFL / IELTS score report, or proof of equivalent English fluency
  • Case study assignment (instructions provided in online application)

2. AC and /or Interview

After reviewing your application documents, we will invite qualified candidates to participate in a personal interview with a faculty member of Frankfurt School. The purpose of the interview is to gain a better understanding of your character, personality, expectations, motivations and goals. We can arrange telephone or Skype interviews for those applicants who are unable to join us for an Assessment Centre in Frankfurt.

Mehr Weniger

We also offer the opportunity for The Frankfurt MBA candidates to take our internal admission test, the Frankfurt School Admissions Test (FSAT). This exam is an alternative to the GMAT/GRE and tests your critical thinking, ability to solve problems and reading comprehension skills. The test is free of charge, and you can register for it in your online application.

3. Results

The final decision regarding admissions into our MBA programme will be based on a combination of the candidate’s academic qualifications, English language abilities, admissions test score, case study essay, work experience and interview results. Admission results are generally announced within 2-4 weeks after your interview.

4. Start of the programme

The Frankfurt MBA begins in early October. All students are expected to be at Frankfurt School on the first day of the programme. For non-EU applicants who require a visa to enter Germany, please keep in mind that it can take up to two or three months to obtain the necessary student visa.

Mehr Weniger

Our programme staff are available should you have any questions or concerns regarding your application or admission status. We look forward to welcoming you on board!

Application Checklist

Download our MBA Application Checklist as a helpful guide to completing the admissions process.

Financing and Scholarships

Investing in your future

Your degree is an investment in your professional future. As a business school of international standing, we not only provide you the best conditions for earning a degree – we also offer you excellent career prospects.

When you make the decision to study at FS, your current financial situation shouldn’t be the factor that holds you back. At the same time, it’s important to make sensible preparations for funding your studies.

Mehr Weniger

This commitment is what really counts – when you make the decision to study at Frankfurt School, your current financial situation shouldn’t be the factor that holds you back. At the same time, it is important to make sensible preparations for funding your studies.

Student finance is a complex issue, and needs careful, long-term planning. So take advantage of our advisory service and start your preparations by asking us for a personal consultation.

Payment Terms

Once you have been admitted to the The Frankfurt MBA programme, we ask that you make a tuition fee deposit of 5,000 Euros to secure your place on the programme. Your remaining fees will be paid in regular instalments at the beginning of each semester.

Frankfurt School Scholarship

A limited number of MBA scholarships are available to encourage applications from candidates from any discipline or background with an outstanding academic or business track record.

All scholarship decisions are merit-based, although financial hardship may also be taken into consideration in special cases. Scholarships are awarded at the discretion of the Scholarship Committee and decisions are final. Scholarships will only be awarded to cover tuition fees and will be deducted from the total tuition amount. No funds are available to cover living expenses.

External Scholarships & Loans

Several German and international organisations offer competitive scholarships for outstanding students:

  • German Academic Exchange Service (DAAD) awards stipends to cover the cost of living for international students pursuing an academic degree programme in Germany.
  • Bildungsfonds offers funding to help cover living costs, tuition fees, and other expenses during the MBA programme. Funding is available for both EU and non-EU citizens. Applicants must complete a multi-stage selection process – part of the process is conducted in German, so at least basic German language skills are highly recommended. Engineers can apply for the specialised Festo-Bildungsfonds.
  • Deutsche Bildung AG offers financial support to German and international students studying in Germany
  • Study first, pay later: the Generation Contract (GC) is an innovative model to finance your studies. The GC allows the applicant* to study at Frankfurt School without paying tuition fees during the study programme. Repayment starts after a successful career entry and after obtaining a minimum income of 30,000 EUR gross salary. Then alumni pay back a fixed percentage of their income over 10 years. 
    * The GC is available for prospective students from the following countries: Germany (and those who did their high school degree in Germany), Switzerland, Norway. Potentially also available for other EU-countries, USA and Canada.
  • Future Finance provides student loans for tuition fees and cost of living.
  • Student loans for US citizens are available by completing the Free Application for Federal Student Aid (FAFSA). These loans may be used towards tuition and living expenses. Frankfurt School is one of only four universities in Germany who have received such approval by the US Department of Education. Take advantage of this unique opportunity in Germany to fund your MBA degree at Frankfurt School.
  • Private loans are available from many banks to support educational expenses. We recommend that you contact your local banks to find out what options are available.

Klaus-Peter Müller Scholarship

The Klaus-Peter Müller scholarship was introduced through the generous sponsorship from Professor Dr. h.c. Klaus-Peter Müller, chairman of Commerzbank AG and honorary chairman of the Frankfurt School of Finance & Management foundation, who donated €1 million to support full-time Masters and MBA students.

The Klaus-Peter Müller scholarship will be awarded to full-time Master students who are not able to self-fund their studies and have performed exceptionally well throughout their previous studies, both academically and personally.

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Class Profile

Intake 2016

Number of students 40
Average age 30
Average work experience 5 years

Gender

Female 42%
Male 58%

Professional Industry

IT/Engineering 20%
Manufacturing 10%
Finance/Banking 28%
Automotive 5%
Consulting 5%
Logistics 5%
Education 5%
Others 22%

Age

24 - 25 8%
26 - 27 20%
28 - 29 28%
30 - 31 22%
32 - 33 12%
34 - 35 10%

Geographic Origin

Azerbaijan India
Barbados Pakistan
Brazil Saudi Arabia
China Spain
Egypt Turkey
France USA
Germany Venezuela
Honduras Vietnam

Employment Statistics Class of 2016

Compensation

Average Salary 60,000 Euro
Average Reported Bonuses 10,000 Euro

Employers our MBA Alumni work for

Accenture Lahmeyer International
Beiersdorf Lmtec
BNY Mellon Microvast GmbH
BRITA Mobisol
Café da Roca National Bank of Egypt
Citigroup NavVis
Continental NTPC Ltd.
Crossbuilders Porsche Consulting
Danfoss QuintilesIMS
DeKaBank Rabobank
Deutsche Bank SAP
Deutsche Börse SHV Holding/Nutreco
Eumetsat TE Connectivity
euNetworks Telespazio VEGA
Exxeta Thailand Board of Investment
EY Thomas Cook
Finbridge Toyota Motor Europe
Frankfurt School TrustPilot
Hannover Re Union Investment
IDS Votorantim
Kautex Textron X-markets
Klöckner Pentaplast Ziegert Bank und Immobilienconsulting
KPMG

Countries our MBA graduates work in

Germany 67%
Brazil 5%
Egypt 5%
India 5%
Argentina 3%
Belgium 3%
Nigeria 3%
Norway 3%
United Kingdom 3%
USA 3%

Industry

Banking/Financial Services/Insurance 26%
Consulting 20%
Automotive 14%
Other 11%
Technology 8%
Energy 3%
Engineering 3%
FMCG 3%
Logistics 3%
Packaging/Material 3%
Real Estate 3%
Tourism 3%

Functional Area

Sales/Business Development/Marketing 27%
Project Management/Consulting 20%
Banking/Financial Services 17%
Logistics/Procurement 7%
Management 7%
Operations 7%
Venture Capital 7%
Human Resources 3%
Real Estate 3%
Sustainability 2%

Career and Personal Development

An integral part of The Frankfurt MBA experience at Frankfurt School is the Career Development Programme. Our experienced Career Services team have developed a comprehensive programme of weekly workshops, coaching sessions and events during the first semester, followed by a more individual support approach, during the second semester and thesis. Frankfurt School graduates are known for their first class analytical skills and practical knowledge. To prepare The Frankfurt MBA students for successful future careers, we support them with Career Coaching from day one.

Our services include:

Individual Career Development

  • Individual Career Coaching
  • Application Training
  • German Job Market Preparation and Intercultural Training
  • KODE Coaching: Personality and competence analysis and development
  • Individual Interview Training
  • Presentation Skills Development: "Planning your speech"

Corporate Connections

  • Field Trips
  • Executive Talks: Guest speakers from national and international companies
  • In the Boardroom: Boardroom-style meetings with board members and senior executives
  • Career Fairs: FS Career Day and FS Industry Day
  • Corporate Interview Training
  • Case Study Workshops
  • Salary Negotiations
  • Online Jobs Board: Exclusive for FS students

Student life

Join our community of aspiring and inspiring individuals and get involved at FS by joining a student initiative, participating in a sport or business competition, by serving on our Student Council, or by creating your own event or initiative.

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