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MBA Material Management Top Colleges, Admission Process, Eligibility, Entrance Exams, Syllabus, Jobs, Salary, Scope 2024

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Ahana Bhaduri

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MBA Materials Management is a 2-years postgraduate management degree course which is centred around laboratory and field studies with theoretical and computational skills aimed at addressing issues related to Materials and Stores Management. The subject helps in studying the Planning, Organization, Leading and Controlling Materials.

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The basic eligibility criteria required to pursue the course include candidates having cleared their graduation in any discipline with an average aggregate score of 50% or equivalent CGPA from a recognized university. Admissions to the course are done on the basis of MBA Entrance Exams such as CAT, XAT, MAT, SNAP and CMAT.

The departments facilitating MBA in Materials Management are certified by UGC, AICTE, NBA, AMBA. The fee of this course can start from INR 50,000 to 10,00,000 while the placement package is INR 8,00,000 for MBA Jobs. The positions that are offered to MBA students like that of Purchase Manager, Strategic Planner and Materials Analyst. Read MBA Specialization

Table of Contents

  1. MBA Material Management Course Highlights
  2. What is MBA Material Management?
  3. Why Study?
  4. Admission Process
    4.1 Eligibility Criteria
    4.2 Top Entrance Exams
  5. Syllabus
  6. Top Colleges in India
    6.1 College Comparison
  7. Courses Comparison
  8. Jobs and Career Options
  9. Future Scope
  10. FAQs

MBA Material Management: Course Highlights

Highlights of the MBA Materials Management is given in the tabulated form below with basic information related to

Course Level Postgraduate Level
Full-Form Masters of Business Administration in Materials Management
Duration Two years
Examination type Semester system
Eligibility 60% in the last qualifying examination in BBA
Admission Process Entrance Test & Personal Interview
Course Fee INR 2,00,000 – 10,00,000
Average Salary INR 5,00,000 - 7,00,000
Employment Areas Inventory Manager, Business Development Manager, Asset Manager, Corporate Manager, Senior Consultant , Market Research Analyst, Marketing Executive, Operations Manager.
Recruiting Companies GlaxoSmithKline ,Raymond, PepsiCo ,Hyundai , Mahindra & Mahindra, Future Group, Maruti Suzuki, Ford , SAIL, Nestle, HUL, DTDC , Himalaya, ITC, Reliance Industries Ltd.

What is MBA in Material Management?

MBA Materials Management aims at making the student a professional ecologist and researcher. This course highlights the development of new technologies that would create a long term solution and also open business avenues.

  • The topics that the candidates can cover in this course are Principles of Management and Organizational Behaviour.
  • This program encourages graduates to grow more consciousness and awareness about Material Management aspects such as Business Research Methodology, Operations Management ,Material Management, Purchasing and Procurement Management.
  • The course is designed to cover ,learn and research every topic that comes under the bar of Management and prepare students for practical implications.
  • The way of assessment in this course is the semester exam at the end and also the review of the project performed during the two year span.
  • An advanced level of study of Sustainable Management, Business Environment and Ethics, Quantitative Techniques for Management can be expected.
  • The aim is to help the Materials and Procurement Manager is to develop, articulate and gather information in an area and spread the knowledge in the same frontier.
  • In future these candidates can be great researchers and academicians.

Why Study MBA Material Management?

MBA in Materials Management provides a platform to build the innovative minds of thousands of talented students to manage materials like raw materials, work in progress materials, finished good materials .

  • It is a practical work based subject so it needs the improvement in their performance during the course by analysing the subject.
  • Immediate first hand application i.e. Planning, Organizing, Leading and Controlling is the highlight of this course. Students get to learn and perform that is how the curriculum is set up.
  • MBA in Materials Management degree flows around several disciplines before choosing the specialisation.
  • The continuous adaptive learning by expanding the skill set in response to the new developments and changing environment.
  • In this 2 year programme the students are prepared to be job ready with the immediate completion of the course.
  • They are offered jobs for the role of Packing and Distribution Management, Export and Import Trade ,Total Quality Management, Inbound and Outbound Logistics.
  • The average annual salary can be from INR 6,50,000 to 10,00,000.

What is the MBA Material Management Admission Process?

Institutes in India take into consideration the last qualifying examination i.e. Graduation Degree as well as their own entrance examination for admission in MBA in Materials Management. 

  • The top universities especially Indian Institute of Materials Management conduct entrance examinations while the private institutions conduct their own admission test and interview sessions.
  • While some universities have the direct admission system on the basis of the weightage of marks in the UG degree/Diploma and 10+2 score.

How to apply for MBA Material Management?

Candidates have to register and then wait for the notification of availability of online application.

  • After filling up the application with the correct details i.e. degree, marks obtained, experience, current profile where one month is given for completing and finally submitting the application.
  • Uploading the required documents and paying the application fee is a crucial step otherwise the application will not be accepted.
  • Application will be considered only after successful payment of fees.
  • The Entrance exam gives the option to choose from the exam centres according to the convenience of the candidate.
  • Candidates need to sit for the exam on the given date as mentioned in the website and admit card .

What is Eligibility Criteria for MBA Material Management?

The eligibility criteria for MBA in Materials Management is almost similar across all universities in India. The candidates must have one of the following degrees as mentioned below

  • BBA Course or any other Bachelor Degree from an institute or college recognized by University Grants Commission.
  • Bachelor Degree (BBA/BTech/BA/BSc) in the relevant field from a recognized college.
  • Candidates must have secured at least 60% in the last qualifying exam.

Check: MBA Eligibility

What are the top MBA Material Management Entrance Exams?

Most institutes take direct admission on experience or Bachelor degree marks, entrance examination is conducted only by few universities which is followed by merit screening.

  • CAT: It is conducted by Indian Institute Management. The official website for this exam is iimcat.ac.in. The duration of CAT Exam is two hours consisting of three sections.
  • GMAT: It is an internationally accepted score and valid upto 5 years.Candidates can appear for GMAT 5 times a year.

Some of popular entrance examination for MBA in Materials Management are

Entrance Exams Application Date Exam Date
CAT August 2, 2023 (10 AM) – September 20, 2023 (5 PM) November 24, 2024
XAT July 15, 2023 – November 30, 2023  January 7, 2024
SNAP August 23, 2023 – November 23, 2023 22nd January, 2024
CMAT February 2024 – March 2024 March 2024

MBA Material Management Syllabus

MBA Materials Management is a dynamic stream with various region of specialization.The table below includes all the subjects that a Junior Research Fellow can specialize in

Principles of Management and Organizational Behaviour Packing Distribution Management
Quantitative Techniques for Management Total Quality Management
Marketing Management Purchasing and Procurement Management
Management Information Systems Business Environment and Ethics
Managerial Economics Logistic and Supply Chain Management
Material and Store Management Project Management & Documentation
Corporate Communication Strategic Management
Human Resources Management Enterprise Resource and Planning

MBA in Materials Management Important Books

These are some of the essential books during MBA Material Management are

Books Author
Indian Financial System Pathak Bharti
Project Management Dr. Raj Kumar Yadvendra
Management of Financial Services Kanu Jain
Introduction to Materials Management N. Chapman Stephen, Arnold J.R. Tony
Purchasing and Materials Management P. Gopalakrishnan
Materials Management a Supply Chain Perspective Chitale
Materials Management with SAP ERP Martin Murray and Jawad Akhtar

MBA Material Management Top Colleges

These are some of the top universities for MBA  Materials Management in India with the geographical location, fees ,and annual expected salary mentioned as follows

College Name Location Average Annual Fees
INDIAN INSTITUTE OF MATERIAL MANAGEMENT Kolkata INR 8,00,000
CHRIST UNIVERSITY Bangalore INR 3,00,000
INDIAN INSTITUTE OF MATERIAL MANAGEMENT Trichy INR 8,00,000
XAVIER SCHOOL OF MANAGEMENT Jamshedpur INR 5,00,000
SLIET Sangrur INR 51,000
NATIONAL SCHOOL OF BUSINESS Bangalore INR 4,30,000
BIRLA GLOBAL UNIVERSITY Bhubaneswar INR 7,00,000
NSU Jamshedpur INR 2,71,000
SVPM'S INSTITUTE OF MANAGEMENT Pune INR 79,500
LPU Jalandhar INR 2,32,000

Course Comparison: MBA Material Management vs MBA Actuarial Science

MBA Material Management and MBA Actuarial Science are both demanding courses due to their similarity in purpose i.e. of sustainability, renewability. Both the MBA courses have differences in their areas of research specialization which is hereby given in the tabulated form.

PARAMETERS MBA Material Management MBA Actuarial Science
Overview MBA in Materials Management that deals with all the materials related activities in an organization such as logistics, inspection, supply, standardisation and proper storage. MBA in Actuarial Science is a specialized professional course where mathematical and statistical skills are fundamental in order to risk in the insurance and financial sector.
Admission procedure The admission is mainly done by the score in the entrance examination like self conducted exams by the universities like XAT,GMAT,CAT. The admission is carried out by following the entrance examination like CAT,SNAP, GMAT.
Course Fee INR 3,00,000-8,00,000 INR 10,000 to 20,00,000
Eligibility Minimum aggregate of 60% in BSc or BTech with more than a few years of experience. 60-70% marks in Bachelors Degree.
Syllabus Managerial Economics, Packing and Distribution Management, Accounting and Finance for Managers, Logistic and Supply Chain Management, Materials and Stores Management. Financial Mathematics, General Insurance, Life and Health Contingencies, Statistical Methods, Actuarial Risk Analysis ,Business Economics , Capital and Reserving Modelling.
Top Institutes INDIAN INSTITUTE OF MATERIAL MANAGEMENT,CHRIST UNIVERSITY Shankarlal Khandelwal Arts and Science College, Bishop Heber College, Chidambaram Pillai College.
Job Profile Materials Manager, Inventory Manager, Purchase Officer, Materials Supervisor, Sourcing Manager. Actuarial Modeller, Quantitative Analyst, Actuarial Analyst.
Average Annual salary INR 4,00,000 – 8,00,000 INR 5,00,000-7,00,000
Course

MBA Material Management Jobs

Generation of employment opportunities will be rising as the world is suffering from resource crisis and Materials Management is a long term sustainable solution to the problem.The top three nations will create more jobs in this field which are China,India,US and Germany.

  • The employment areas are TATA,IBM,Godrej,ITC,Hindustan Unilever,Future Group,DTDC as a Purchase Manager,Strategic Planner,Materials Analyst, Supply Chain Manager.
  • Big shot companies like Microsoft,Google,Amazon offer a position known as Sustainability Regional Lead with a very competitive base salary,annual bonus,stock and good benefits exchange.
  • The students may join Institutes as a faculty or a researcher (Doctoral Research Committee)or they may choose to work independently.

The career option is diverse as mentioned in the beginning –

Job Profile Job Description Average Annual Fee
Purchase Manager To maintain purchase records of the raw material,equipment and supplies. INR 5,00,000 to 7,00,000
Materials Manager To ensure material flow,quality control. INR 5,50,000 to 8,00,000
Inventory Manager To maintain inventories of all transactions,procurement ,planning . INR 3,50,000 to 6,00,000
Sourcing Manager To manage the company supply portfolio ,implement strategies for sourcing and category management. INR 5,00,000 to 6,00,000
Materials Analyst To design supply chain management of the company ,transport ,export and import. INR 4,00,000-6,00,000
Average Salary

MBA Material Management Future Scope

The key to success in Materials Management is the ability to get funded and the ability of management of Logistics and Materials Quality which will keep growing a Master of Business Administration but money solely cannot be the driving force in this field.

  • The fact that research and the hunger to know and find out about new developments with complete authority while working is what pushes a MBA Materials Management to go for higher studies, they voluntarily choose to be a part of the ecosystem by becoming a full time researcher and a part time professor.
  • The consolidated fellowship is INR 40,000 to 65,000 per month while in India the fellowship can be starting from INR 33,000 per month
  • Few well known universities around the world famous for their Materials Management Departments where candidates can pursue their MBA are University Of Manchester,Imperial College London,University of Wyoming, Nottingham Trent University,University of Glasgow,Monash University among few.

MBA Material Management: FAQs

Ques. What is the fee structure in public and private college?

Ans. The fee in Public College can be between INR  50,000 to 1,00,000 while in Private Colleges the fee may vary from  INR 5,00,000 to 10,00,000 approximately.

Ques. What is the average annual salary of a Material Manager after completion of MBA ?

Ans. The salary can be from INR 4,00,000 to 8,00,000 according to the project or assignment provided.

Ques. Is MBA Materials Management a worthy option to take up or the candidate should directly join a company ?

Ans. If the candidate is eager to gather knowledge to polish their choice of skill and specialise in it one must opt for it so the MBA solely depends on the nature and wish of the candidate.

Ques. What is the duration of the course ?

Ans. The duration of the course i.e. MBA Materials Management is two year.

Ques. What makes Material Manager a desired course ?

Ans. Materials and Procurement Management encourages and fosters an environment of learning and innovation while questioning the future of our existence and deriving solutions .

Ques. Name some entrance examinations which are accepted by reputed institutes?

Ans. CAT, XAT, GMAT, MAT, IBSAT, NMAT entrance are the popular entrance examinations which are accepted nationally .

Ques. What is the most sought after job profile ?

Ans. Material Quality Analyst, Procurement Manager, Materials Manager, Logistics Manager, Supply Chain Manager, Purchasing Manager are some of the jobs profile.

Ques. What are some of the areas of specialisation in this course ?

Ans. Material, Logistics, Procurement are some of the areas of specialization over a period of two years.

Ques. What is the admission process in this course ?

Ans. Entrance test followed by personal interview is normally the procedure in India for MBA admission.

Master of Business Administration [MBA] (Materials Management) : 8 answered questions

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Ques. Which is better at BIMTECH in terms of placements: insurance business management or retail?

● Top Answer By Tithi Aggrawal on 19 Apr 23

Ans. Both PGDM-RM and PGDM-IBM are similar in terms of ROI and placement. Both the courses in Bimtech offer good career options. Even in 2020, which was a challenging year, the students of Insurance and Retail were offered some quality profiles by multiple prominent recruiters. Some of the companies are Infosys, TCS, Bajaj Allianz, SBI, Aditya Birla Group, Religare, and H&M. The recent 2022 placement stats: Domain PGDM-IB PGDM- RM Average CTC (2022) 8.95 lakhs 8.90 lakhs Average CTC (2021) 8.01 lakhs 7.95 lakhsRead more
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Ques. How good is KJ Somaiya for a PGDM in Retail Management? How are it's placements and average package?

● Top Answer By Prasad Sawant on 26 Dec 22

Ans. The PGDM in Retail Management at KJ Somaiya is a relatively new course and not much can be said about its worth. But I have a friend who is currently pursuing RM at KJ Somaiya. According to him, it’s a good choice for someone with interest in this field to pursue this course because The courses at SIMSR are at par with international curriculum. Great exposure and learning through events held throughout the year. One such main event is the Retail Mela. Many committees and student clubs have been set up to promote extracurricular activities  The faculty is experienced and qualified. It does not undervalue the new courses at all. One of the best campuses of India with great infrastructure and facilities. The companies that you should aim for are Ikeya, Walmart ,Future Etc. All this makes the course worth trying.Read more
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Ques. How is the retail management course in BIMTECH, Noida? What is its placement?

● Top Answer By Shivani Rai on 04 Feb 21

Ans. In the current industry, the demand for retail marketing is increasing. The upcoming market leaders need to be innovative. BIMTECH prepares students for that precisely with proper guidance and industry contacts. It is considered one of the leading B-schools of India. Dissertation and practical projects are an essential part of the PGDM-Retail curriculum of BIMTECH. BIMTECH course work consists of internships, live projects, and industry visits, etc. which will surely give you an upper hand.  Practical Experience: In Retail Management, you will need practical hands-on experience and BIMTECH excels in it.  In the past, students performed hands-on projects in one of the best malls in Delhi along with a faculty.  These practices come in handy if you want to become an expert in communication skills, interpersonal skills, learn body language and read the minds of the customers. Placements: BIMTECH has a promising placement record for Retail Management.  Each student must go through a 3-month internship before the placements. Which is quite beneficial for students. The institutes Centre For Corporate Relations guide the students through the whole process of preparing the CV or preparation for the final placement interview. Madura Fashion & Lifestyle, Aditya Birla Retail, Catwalk, Bata India, Raymonds are some of the top recruiters at BIMTECH. During the summer internship, the institute had about 170 Corporates and organizations that offered three months of internships to 354 first-year students.  The table shows a brief overview of the institution. Median CTC INR 8.13 LPA Highest CTC INR 23 LPA (International), INR 18 LPA (Domesttic) Fees  INR 9 lakhs Entrance Examination CAT/XAT/GMAT Overall, BIMTECH is a great potential choice for retail management. It also has a legacy of offering quality education in the field of management for almost 3 decades. Read more
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Ques. What is the CAT cutoff for a BIMTECH retail management course?

● Top Answer By Anjali Sharma on 04 Feb 21

Ans. BIMTECH, Greater Noida one of the most desired and highly ranked B-schools in India. It is a preferred destination for MBA or PGDM for CAT 2020 aspirants. Great learning, decent placements, and relatively modest CAT cut-off used in shortlisting for flagship PGDP add to the key strengths of this coveted B-school. Admission:  BIMTECH will accept CAT, XAT to shortlist candidates for the final admission round for PGDM.  For admission to PGDM (RM) and PGDM (IBM), an aspirant is required to have a valid CAT / MAT / XAT / GMAT / CMAT score.  The Retail Management admission is admissible through the MAT / CMAT score also.  Minimum 60 percentile in CAT / XAT and minimum of 80 percentile in MAT/CMAT is required. Along with the good score, student performance is also examined. BIMTECH has its own selection criterion, which includes Written Ability Test (WAT) and Personal Interview (PI) and the student has to perform well in both.Read more
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Ques. Which is better, doing a PGDM in marketing from IMT Hyderabad or a PGDM in retail from BIMTECH, Greater Noida?

● Top Answer By Divya Saraf on 22 May 23

Ans. The Post Graduate Diploma in Management has gained traction over the recent years and courses in marketing, finance, operations, HR, etc are being offered by top-tier colleges in India and so does IMT Hyderabad and BIMTECH, Greater Noida. Below is the comparison of the two colleges based on placements. The 2020-22 placement statistics are mentioned below: Particulars IMT Hyderabad BIMTECH Highest Package 25 LPA  23.43 LPA Average Package 12 LPA 9.38 LPA Median Package 11 LPA 8.5 LPA Highest domestic package was 25 LPA offered by Amazon at IMT Hyderabad. IMT Hyderabad’s average package has increased upto 24 % from 9.65 LPA to 12 LPA. It is better in terms of Marketing as it offers the highest package of 16.61 LPA and an average of 11.77 LPA. The roles offered in marketing are:- Business Analyst Business Consultant Analyst - Knowledge Services Management Trainee- Sales Business Analyst - SCM Senior Management trainee Process Analyst and many more. IMT Hyderabad will be a better choice over BIMTECH Greater Noida based on the placement report and roles offered by both colleges.Read more
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Ques. How is BIMTECH Noida’s retail management?

● Top Answer By Sreeparna Bose on 05 Jul 21

Ans. BIMTECH Noida is a great match for you if you see your future aspects in the retail sector. After getting into the retail field it would be tough for one to get into core marketing. Here’s why: If you choose retail management specialization it can be tough for you to get core management jobs. On the contrary, marketing students can opt for both core and retail jobs. You need to have a good personality to become a vital part of the retail industry. Below are some qualities which can help you survive in this field for the long term. Excellent leadership skills Strong foothold in providing outstanding customer service The ability to handle stressful situations like customers dealing with cool & calmness. If you think you are lacking some of these qualities, BIMTECH can provide you with navigation towards your goals. BIMTECH is one of the leading institutes for retail management, making it a good option. They offer good placements and emphasize a lot of holistic development. Right from academics to industry exposure to extra and co-curricular activities, focus on 360-degree growth. Categories Retail Management in BIMTECH Course Fee 9.00 lakh Highest CTC 10.3 LPA Average CTC 8.1 LPA Median CTC 5.5 LPA Recruiting Companies Accenture, Aditya Birla, Infosys, L&T, etc. Overall, you must opt for the retail sector if you can handle challenges and if you want to be a part of it in the long run. With good placements and industry exposure, BIMTECH is undoubtedly a good place to study retail management.Read more
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Ques. How is the BIMTECH retail management course?

● Top Answer By Archita Ghose on 21 Sept 21

Ans. BIMTECH is considered among the top B-Schools in India. BIMTECH was a pioneer in bringing PG-level courses in Retail as well as Insurance thus enjoying a strong brand -pull from the top recruiters from this domain. Also, the placement record of the last three years for both the courses has been quite good. In the 2021 placements, the average CTC offered at the institute was 8 LPA, while the highest CTC was 16 LPA. Retail is a specialized form of marketing. For this course, BIMTECH assists its students with quality faculties and facilities. Overall, the retail management course offered at the institute is quite good. On the official website of the institute, you will get information regarding various other factors such as previous placements, location, infrastructure, industrial exposure, faculty, activities on campus, etc.Read more
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Ques. Between general PGDM from jaipuria Noida and PGDM in retail management from BIMTECH greater Noida, which one would be better?

● Top Answer By Tithi Aggrawal on 10 May 23

Ans. JIM and BIMTECH, Noida provide PGDM programs. Your aim and interests determine the program which you should opt for.  JIM Noida's PGDM is ideal for Gen. Man. career seekers. The 2nd year provides specialisations in finance, marketing, human resources, operations, and strategy. BIMTECH, Greater Noida's PGDM-RM can help you break into the retail industry. You can learn retail operations, supply chain management, customer behaviour, and marketing. It offers internships as well as industrial interactions. When taking everything into consideration, I believe that the brand value of BIMTECH gives it a significant advantage over JIM in terms of value as well as the brand. They were also able to achieve 100% placement rate for the 2023 batch. The Highest CTC offered was somewhere around 24 LPA.Read more
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FEATURED COURSES

Master of Business Administration [MBA] (Materials Management) Colleges IN INDIA

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Netaji Subhas University - [NSU]
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MBA/PGDM(2 Yrs)4.8
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Bhartiya Shiksha Parishad - [BSP]
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Lucknow, Uttar Pradesh
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MBA/PGDM(2 Yrs)4.5
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ISBM University
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Academy of Business Management Tourism and Research- [ABMTR]
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Bangalore, Karnataka
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MBA/PGDM(2 Yrs)4.0
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Bharath Post Graduate College
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Bharath Post Graduate College

Chennai, Tamil Nadu
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