How to Get into an MBA Program? Entrance Exams, and MBA Courses 2025
- Administrator
- Oct 16
- 15 min read
Thinking about an MBA but confused about how to apply for an MBA program? Which is the best MBA? Should you go for a 2-year full-time MBA, a 1-year fast-track program, an Executive MBA, or even an Online MBA? Should you write the GMAT or the GRE or the CAT for the MBA program? Let’s break down the steps to apply to the MBA program in the simplest way possible!
Also read our detailed guide on top US MBA programs:
Unsure which MBA path fits your career goals? Whether it’s a 1-year, 2-year, Executive, or Global MBA — GOALisB experts help you build a winning application strategy.
Table of Contents
What are the steps to apply for an MBA program?
Step 1: Research & Shortlist MBA Programs
Action:
Identify programs based on career goals, location, cost, specializations, and rankings.
Evaluate employment reports, faculty, curriculum, and alumni network.
Attend school webinars, virtual events, and connect with current students.
Enhancement Tip:
Reach out to alumni in your target industry to understand which programs have strong placement and networking support.
Also read our comprehensive application guidance and strategy for MBA program admission:
Confused between global and Indian MBA options? Get a personalized school shortlist based on your profile, goals, and budget with GOALisB’s MBA Decision Framework. Schedule your free MBA strategy call now.
GOALisB MBA Decision Framework
Choosing the Right MBA: A Strategic Fit Assessment
The GOALisB MBA Decision Framework™ is a structured rubric designed to help professionals evaluate and choose the right MBA format based on career objectives, ROI, and flexibility. This proprietary framework simplifies decision-making with three key evaluation factors:
Career Impact: How well does the MBA support career transitions, salary growth, and global opportunities?
Investment vs. Return: What is the opportunity cost, financial ROI, and time commitment?
Flexibility & Learning Environment: Does the program suit your work-life balance, networking needs, and preferred learning style?
For expert guidance for MBA program admission, candidates can also read out detailed guide on:
GOALisB MBA Decision Framework: Program Fit Matrix
Factor | 2-Year Full-Time MBA (India) | 1-Year Full-Time MBA (India) | Executive MBA (India) | MBA for Working Professionals (India) | 2-Year Full-Time MBA (Abroad) | 1-Year Full-Time MBA (Abroad) | Online MBA |
Career Transition | (Best for switchers) | (Fast track but intense) | (Limited switch, senior roles) | (Mostly internal promotions) | (Strongest global switch potential) | (Good but depends on location) | (Least effective) |
Salary Growth Potential | (Good, but variable) | (High ROI) | (Moderate, depends on employer) | (Incremental raises) | (Highest salary jump) | (Strong, but location matters) | (Incremental) |
Global Career Opportunities | (India-focused) | (Mostly India) | (Limited outside India) | (India-based growth) | (Strongest) | (Depends on brand and visa) | (Minimal) |
Opportunity Cost | (2-year break from work) | (Shorter break, lower cost) | (Minimal disruption) | (No break, pay-as-you-learn) | (2-year break, high cost) | (1-year break, lower cost) | (Lowest cost) |
Networking & Peer Learning | (Diverse, strong bonding) | (Smaller cohorts, still valuable) | (Industry-focused, peers at senior levels) | (Mostly limited to batchmates) | (Best networking, diverse peers) | (Compact but strong) | (Limited) |
Work-Life Balance | (Intense, immersive) | (Rigorous but shorter) | (Weekend classes, better balance) | (Best for work-life integration) | (High workload) | (Intensive but short) | (Self-paced, best for work-life balance) |
ROI (Return on Investment) | (Good ROI, depends on post-MBA job) | (Best ROI in India) | (Highest ROI for executives) | (Earn while learning) | (High but costly investment) | (High ROI in the right geography) | (Lowest cost, ROI depends on promotion potential) |
Admission Competitiveness | (Highly competitive) | (Moderate difficulty) | (Experience-based selection) | (Moderate, flexible admission) | (Toughest globally) | (Competitive but easier than 2-year) | (Easiest) |
Flexibility | (Fixed schedule) | (Fixed, but shorter) | (Designed for working professionals) | (Most flexible) | (Fixed, full-time commitment) | (Fixed but shorter) | (Self-paced, highest flexibility) |
Industry Preference | (Diverse industries) | (Great for consulting, tech, and finance) | (Mostly leadership roles in existing field) | (Relevant for internal career growth) | (Strong for MNCs) | (Depends on location & industry) | (Limited impact) |
How to Use the GOALisB MBA Decision Framework™
Identify Your Priorities: If career transition and salary growth are your key goals, look for and ratings.
Evaluate Your Constraints: If work-life balance and flexibility matter, check and indicators.
Match Your Industry & Career Path: If you need global opportunities or a high-impact alumni network, focus on and
Consider ROI & Admission Competitiveness: Programs with andare high-value but highly competitive.
Would you like a personalized consultation using this framework to decide your best MBA pathway? GOALisB can help you make the right choice!
Step 2: Take the Right MBA Entrance Test
Action:
Decide between the CAT, GMAT or GRE based on the program's preference and your strengths.
Aim for a competitive score (700+ for top-tier MBAs, 650+ for strong consideration).
Consider retaking if your score is below the program’s middle 80% range.
You might also be interested in comparative analysis of MBA entrance tests for making an informed decision:
Enhancement Tip:
If your score is below average but your profile is strong, highlight other academic or leadership strengths.
Some schools allow test waivers like GMAT Waiver for MBA Program- research if this applies to you.
Need a custom test selection strategy? Book a consultation with an MBA admission consultant at GOALisB
Step 3: Strengthen Your Work Experience For A Strong MBA Application
Action:
Prepare a 1-page MBA-style resume focusing on leadership, impact, and career progression.
Highlight quantifiable achievements (e.g., "Increased revenue by 20%" instead of "Managed sales team").
If needed, take on leadership roles at work or in extracurricular activities before applying.
Enhancement Tip:
MBA resumes should be impact-driven rather than job-description-oriented.
Use active verbs: "Led," "Spearheaded," "Transformed," etc.
Not sure how to present your work experience effectively? Talk to GOALisB consultants to help you translate your achievements into high-impact MBA resume points.
Step 4: Identify & Engage Recommenders for your MBA Application
Action:
Choose recommenders who know your work well (preferably direct managers or senior colleagues).
Prepare a “cheat sheet” of key achievements to help them craft a compelling recommendation.
Give them at least 4-6 weeks to write the letter.
Enhancement Tip:
Some schools allow peer or client recommendations if your manager is unavailable.
Avoid generic recommendation and follow 3 Important Things About MBA Recommendation Letters and ensure they include specific anecdotes about your leadership.
Choosing the right recommender can make a big difference. GOALisB helps you identify the best recommenders and guide them on writing impactful recommendations. Book your MBA recommendation strategy session.
Step 5: Write Compelling MBA Essays
Action:
Align your story with Why MBA? Why Now? Why this School?
Use a structured approach: STAR (Situation, Task, Action, Result) for impact-driven storytelling.
Be authentic—don’t write what you think the school wants to hear, but rather what genuinely defines your career journey.
You might also be interested in various MBA essay resources in order to understand and strengthen your MBA essays:
Enhancement Tip:
Draft multiple versions and get feedback from mentors, alumni, or consultants.
For career-switchers, explicitly connect past skills → MBA resources → future goals.
For excellence in MBA essays, also read our detailed guide on:
Your MBA essays should reflect your voice, purpose, and potential. Schedule a call with GOALisB experts to help you craft powerful stories that stand out to the admissions committee.
Step 6: Apply in the Right Round for MBA Admissions
Action:
Most schools have three rounds (some have two):
Round 1 (Sept/Oct): Best for strong candidates with competitive scores and solid applications.
Round 2 (Dec/Jan): Still good but more competitive.
Round 3 (Mar/Apr): Higher rejection rates, best for exceptional candidates or unique profiles.
Enhancement Tip:
If targeting scholarships, apply in Round 1 when funding is more available.
If your GMAT/GRE needs improvement, it's better to apply in Round 2 with a stronger score.
Timing your MBA application matters. Contact GOALisB consultants to help you plan your target schools and rounds strategically for maximum success.
Step 7: Prepare for MBA Interviews
Action:
Once invited, practice common MBA interview questions for MBA Interview Mastery:
“Why MBA? Why now? Why our school?”
Behavioral questions: “Tell me about a time when…”
Situational questions: “What would you do if…?”
For Mastering Confidence in MBA Interviews, conduct mock interviews with alumni or consultants.
Enhancement Tip:
Use STAR methodology for responses.
Research the school’s unique interview style (e.g., Wharton’s Team-Based Discussion, Harvard’s narrative-driven conversation).
Also read What is Asked in IIM Interviews for IIM specific interview preparation.
Ace your MBA interviews with confidence. GOALisB’s mock interview prep simulates real B-school interview formats — from Harvard-style narratives to Wharton team discussions. Book a free consultation today!
Step 8: Post MBA Application & Decision Making
Action:
If waitlisted, submit an update letter showcasing additional achievements.
If admitted to multiple schools, compare offers based on career goals, scholarships, and cultural fit.
Enhancement Tip:
If needed, negotiate for MBA scholarships by leveraging other offers.
Got multiple MBA admits or a waitlist decision? Connect to GOALisB to help you compare programs, negotiate scholarships, and finalize the right admit.
Final Thoughts
Applying for an MBA is a strategic storytelling process—your application should:
Show career progression & leadership.
Have a clear and realistic post-MBA goal.
Demonstrate a strong fit with the program.
From IIMs and ISB to top global schools like Wharton, INSEAD, and LBS- GOALisB helps you build a winning MBA strategy from start to admit. Schedule your free 1:1 consultation today and start your MBA journey with expert guidance.
FAQs About MBA Admissions 2025
When should I apply for MBA 2025?
The best time to apply for an MBA starting in 2025 depends on your target schools and application deadlines:
Top Global B-Schools (Harvard, Wharton, INSEAD, LBS, etc.) → Round 3 deadlines are in March-April 2025 for Fall 2025 intake. Applications for Fall 2026 will begin in August-September 2025.
IIM 1-Year MBA Programs (PGPX, EPGP, IPMX, etc.) → Most deadlines have passed for 2025 intake, but some schools may still have rolling admissions. Applications for 2026 intake will open in July-August 2025.
Indian 2-Year MBA Programs (IIMs, FMS, XLRI, etc.) → Applications closed in January 2025 for admission through CAT 2024. The next cycle will begin with CAT 2025 in November 2025, and applications will be open from November 2025 – January 2026.
Pro Tip: If you're considering international MBA programs, Round 3 is your last chance for Fall 2025, or you can start preparing for Round 1 applications for Fall 2026.
What is the entrance exam for MBA 2025?
The entrance exam for MBA 2025 admissions depends on the program and country:
India (IIMs & Top B-Schools) → CAT 2025 which will be held in November 2025), XAT 2025, NMAT 2024, SNAP 2024, IIFT 2024 (All exams will be conducted between Nov 2025 – Jan 2026).
ISB, IIM 1-Year MBA, SPJIMR, XLRI GM, etc. → GMAT Focus Edition (New GMAT) or GRE.
Global MBA Programs (Harvard, INSEAD, LBS, etc.) → GMAT Focus Edition or GRE . Round 1 MBA applications start in September 2025 .
Key Change: The new GMAT Focus Edition has removed Sentence Correction & Essays and added a Data Insights section. Choose between CAT, GMAT, or GRE based on your target schools and strengths.
In which month does MBA admission start?
MBA admissions typically start in different months depending on the program type:
Global MBA Programs: Admissions are currently open for Round 3 (March-April 2025) for Fall 2025 intake. Round 1 for Fall 2026 will start in August-September 2025.
Indian B-Schools (IIMs, FMS, SPJIMR, etc.): Admissions for 2025 intake closed in January 2025. The next cycle will begin with CAT 2025 (November 2025), and applications will be accepted from Nov 2025 – Jan 2026.
IIM 1-Year MBA (PGPX, EPGP, IPMX, etc.): The final rounds for 2025 intake are closing soon. Applications for the 2026 intake will open in July-August 2025.
ISB MBA (PGP & YLP): Round 3 for ISB PGP 2025 intake closes on January 26, 2025. Applications for the next cycle will begin in July-August 2025.
Pro Tip: If you’re targeting a top MBA program for 2026, start preparing for entrance exams now!
What is the MBA age limit?
There is no strict age limit for an MBA, but ideal age ranges vary:
2-Year MBA (IIMs, Global MBAs): Most students are 22-28 years old, with 0-5 years of work experience.
1-Year MBA (India & Abroad): Best suited for professionals 28-35 years old with 5-12 years of experience.
Executive MBA (EMBA): Typically for 30-45 years old with 10+ years of experience.
Online & Part-Time MBA: No age limit; professionals in their 40s-50s can pursue these.
Key Insight: If you’re above 30 and looking for an MBA, consider 1-Year MBA, Executive MBA, or Online MBA instead of a traditional 2-year program.
What is the last date for MBA admission 2025 in India?
There is no single “last date” for MBA admissions across India — each institute has its own deadlines.
However, here are a few examples for 2025 to illustrate:
IIT Delhi’s DMS MBA deadline: January 24, 2025
IIM Calcutta (Executive MBA) had rounds up to November 26, 2025
ISB PGP deadlines include December 7, 2025 for Round 2
Is MBA a good option in 2025?
Yes, an MBA remains a strong career option in 2025, especially for roles in consulting, finance, technology, and leadership, as top schools report post-MBA salaries of ₹25–40 lakhs in India and $150K–$200K globally.
The value of an MBA in 2025 depends on your goals, school choice, and industry trends.
Why MBA is Still a Good Option in 2025
High ROI:
Top Indian B-schools (IIMs, ISB, XLRI) report average packages of ₹25–35 LPA.
Global MBAs (Harvard, Wharton, INSEAD, LBS) show $175K+ salaries with bonuses.
Career Switching Power:
MBAs allow transitions into consulting, investment banking, product management, and entrepreneurship.
Many professionals use MBA as a pivot from technical roles into management.
Networking & Global Exposure:
Access to powerful alumni networks and international recruiting pipelines.
Global MBAs emphasize leadership, innovation, and entrepreneurship.
Industry Demand:
Consulting firms (McKinsey, BCG, Bain) and tech giants (Google, Amazon, Microsoft) continue to hire MBAs.
Emerging fields like AI, sustainability, and digital transformation are boosting MBA demand.
Considerations Before Choosing MBA in 2025
Cost Factor: Top MBAs can cost ₹25–40 lakhs in India and $200K abroad. Scholarships help, but ROI depends on post-MBA job market.
School Brand: The MBA’s value is highly school-dependent—top-tier MBAs yield far better outcomes than mid-tier ones.
Experience Needed: Most programs prefer 2–5 years of work experience. Fresh graduates may not see maximum ROI.
What is the fees for MBA in India 2025?
The MBA fee in India for 2025 ranges from ₹15 lakhs to ₹30 lakhs at top institutes like IIMs and ISB, while many other B-schools charge between ₹8 lakhs and ₹20 lakhs.
MBA fees in India vary widely depending on the institute, location, and program type (full-time, executive, one-year).
Fees at Top MBA Colleges in India (2025)
ISB Hyderabad / Mohali: ₹38,67,160 (1-year PGP).
IIM Ahmedabad (PGP): ₹27,50,000 (2 years).
IIM Bangalore (PGP): ₹26,00,000.
XLRI Jamshedpur: ₹11.80 lakhs per annum.
SPJIMR Mumbai: ₹22,66,000.
IIFT Delhi / Kolkata: ₹21.32–21.82 lakhs.
Mid-Tier B-Schools
NMIMS, Symbiosis (SIBM Pune), MDI Gurgaon: ₹12–20 lakhs.
Tier-2 and Tier-3 schools: ₹8–12 lakhs.
Key Insights
Fees have risen steadily due to inflation, infrastructure, and global exposure programs.
Scholarships and education loans are widely available, especially at IIMs and ISB.
ROI depends heavily on placements—top schools offer average packages of ₹20–35 LPA, making the investment worthwhile.
Which entrance exam is best for MBA?
The best entrance exam for MBA in India is the CAT (Common Admission Test) for IIMs and top B-schools, while globally, the GMAT and GRE are best for admission to schools like Harvard, Wharton, INSEAD, and LBS.
The “best” MBA entrance exam depends on where you want to study and your target schools.
MBA Entrance Exams in India (2025)
CAT (Common Admission Test):
Gateway to IIMs and many top B-schools (FMS, SPJIMR, MDI).
Most recognized exam in India.
XAT (Xavier Aptitude Test):
Required for XLRI and 160+ other institutes.
Known for decision-making and essay-writing sections.
NMAT (by GMAC):
Accepted by NMIMS, ISB (for its certificate programs), and global schools in Africa and Asia.
MAT, CMAT, SNAP, IIFT:
Accepted by a wide range of mid-tier B-schools.
MBA Entrance Exams for Global Programs
GMAT (Graduate Management Admission Test):
Most widely accepted for MBA admissions worldwide.
Preferred for top global schools (Harvard, Wharton, INSEAD, LBS, ISB).
GRE (Graduate Record Examination):
Increasingly accepted by leading B-schools globally, including Wharton, Stanford, and ISB.
Flexible for those also considering master’s programs outside business.
Key Insight
In India: CAT is the best exam if you want IIMs or top Indian B-schools.
Globally: GMAT remains the gold standard, but GRE is a strong alternative.
Choice depends on your career goals, preferred geography, and target colleges.
What is the fee of IIM A?
IIM A Fee Structure
Courses | Fees |
MBA | Rs. 27,50,000 |
MBA FABM | Rs. 27,50,000 |
MBA BPGP | Rs. 20,00,000 |
MBA-PGPX | Rs. 34,15,000 |
ePGD-ABA | Rs. 12,00,000 |
Which MBA specialization is best in 2025?
In 2025, the best MBA specializations are Finance, Consulting, Business Analytics, Marketing, and Technology Management, with Finance and Analytics leading for salary and global demand.
The best MBA specialization in 2025 depends on your career goals and industry trends. Here’s a breakdown of the most in-demand options:
Top MBA Specializations in 2025
Finance & Investment Banking
Still the highest-paying specialization.
Careers: Investment banking, private equity, asset management, corporate finance.
Avg. Salary (India): ₹25–40 LPA; (Global): $150K–200K.
Business Analytics & Data Science
Rising demand due to AI, machine learning, and big data.
Careers: Data strategy, product analytics, business intelligence.
Avg. Salary (India): ₹20–30 LPA; (Global): $130K–160K.
Consulting & Strategy
Top choice for IIM/ISB/Harvard/Wharton graduates.
Careers: Management consulting, corporate strategy, operations consulting.
Avg. Salary (India): ₹25–35 LPA; (Global): $150K–175K.
Marketing & Digital Strategy
High growth in digital marketing, brand management, and e-commerce.
Careers: Brand manager, product marketing, digital strategist.
Avg. Salary (India): ₹18–25 LPA; (Global): $120K–150K.
Technology Management & Product Leadership
Perfect for those with IT/engineering background.
Careers: Product manager, tech strategy, IT consulting.
Avg. Salary (India): ₹22–30 LPA; (Global): $130K–160K.
Entrepreneurship & Innovation
Best for those planning startups or venture capital.
Careers: Founder, startup leadership, VC associate.
Key Insight
Finance & Consulting → Highest salaries, global recognition.
Analytics & Tech Management → Fastest growing, future-proof careers.
Marketing & Entrepreneurship → Best for creative and leadership-driven roles.
Can I apply directly to an MBA?
Yes, you can apply directly to an MBA after graduation, but most top B-schools prefer candidates with 2–5 years of work experience; freshers can apply through CAT, GMAT, GRE, or other entrance exams depending on the institute.
Whether you can apply “directly” to an MBA depends on the type of MBA program and your target schools:
In India
Freshers Allowed: Many Indian B-schools (IIMs, ISB YLP, XLRI, NMIMS, Symbiosis) accept candidates right after graduation.
Entrance Exams: You must clear exams like CAT, XAT, NMAT, SNAP, or CMAT.
Work Experience: While not mandatory for all programs, having work experience strengthens your profile, especially for top IIMs.
Abroad (US/Europe/Global MBAs)
Work Experience Required: Most top international MBAs (Harvard, Wharton, INSEAD, LBS) require 2–5 years of experience.
Direct Entry for Freshers: Few exceptions like deferred admission programs (Harvard 2+2, Yale Silver Scholars, ISB YLP) allow students to apply in their final year of college and join later after gaining experience.
Exams: GMAT or GRE scores are required.
Key Insight
If you are a fresher in India, yes, you can directly apply to MBAs after your bachelor’s.
For global MBAs, you usually need experience unless you apply to a deferred/early-entry program.
Is ICET compulsory for MBA?
Yes, ICET (Integrated Common Entrance Test) is compulsory for admission into MBA programs in Andhra Pradesh and Telangana government universities and affiliated colleges, but private or national-level B-schools (IIMs, ISB, XLRI, etc.) accept exams like CAT, XAT, GMAT, or MAT instead.
The role of ICET (AP ICET and TS ICET) depends on the type of MBA college you are targeting:
When ICET is Compulsory
For admission into state-run universities and their affiliated colleges in Andhra Pradesh and Telangana.
Examples: Osmania University, Kakatiya University, Andhra University, JNTU campuses.
Conducted annually by APSCHE (AP ICET) and TSCHE (TS ICET).
When ICET is Not Compulsory
If you aim for national B-schools like IIMs, ISB, XLRI, SPJIMR, MDI, etc.
These schools accept CAT, XAT, GMAT, GRE, NMAT, SNAP, CMAT, depending on the institute.
Key Insight
For local/state MBA colleges in Andhra Pradesh & Telangana → ICET is mandatory.
For top national and global B-schools → ICET is not required.
How much percentage is required for an MBA?
Most MBA programs in India require a minimum of 50% marks in graduation (45% for reserved categories), while top global schools have no fixed cutoff but expect strong academics plus competitive test scores.
1. India (AICTE/UGC Guidelines):
General Category: Minimum 50% marks in bachelor’s degree.
Reserved Category (SC/ST/PwD): Minimum 45% marks.
Applies to entrance exams like CAT, XAT, MAT, CMAT and MBA admissions in IIMs, XLRI, FMS, etc.
2. Global MBA Programs (USA/Europe/Canada):
No fixed graduation percentage requirement.
Expect a strong GPA (often 3.0/4.0 or higher).
Greater weight given to GMAT/GRE scores, work experience, essays, and recommendations.
3. Exceptions & Flexibility:
Some Indian private universities (e.g., Amity, Lovely Professional University) may admit candidates with below 50% marks via management quota.
Global B-schools sometimes accept candidates with lower GPAs if they have outstanding work experience or test scores.
Key Insight: For an MBA in India, you generally need 50% in graduation. For an MBA abroad, there is no strict percentage cutoff, but strong academics and overall profile are essential.
How much money is needed for an MBA?
An MBA costs between ₹20–30 lakhs in India (IIMs, top private schools) and ₹80 lakhs–1.5 crore abroad (USA/Europe), depending on location, school, and living expenses.
The total cost of an MBA includes tuition, fees, living expenses, books, and travel. It varies widely by country:
1. India (IIMs & Top B-Schools):
Tuition: ₹20–30 lakhs (IIM Ahmedabad, Bangalore, Calcutta).
Private B-schools (ISB Hyderabad, XLRI, SPJIMR): ₹25–40 lakhs.
Living expenses: ₹2–4 lakhs/year.
2. USA (Harvard, Wharton, Stanford, etc.):
Tuition & fees: $80,000–90,000/year.
Total 2-year cost: $160,000–200,000 (₹1.3–1.6 crore).
Living expenses: $30,000–40,000/year.
3. Europe (INSEAD, LBS, HEC Paris):
Duration: 1 year (faster, cheaper).
Tuition: €90,000–110,000 (₹80–95 lakhs).
Living expenses: €20,000–30,000 (₹18–27 lakhs).
4. Canada/Australia (Rotman, Schulich, Melbourne Business School):
Tuition: CAD 70,000–100,000 (₹45–60 lakhs).
Living expenses: ₹10–15 lakhs/year.
5. Scholarships & Loans:
Many B-schools (ISB, IIMs, Wharton, INSEAD) offer need-based and merit-based scholarships.
Indian banks & NBFCs offer education loans up to ₹1.5 crore for top MBAs abroad.
Key Insight:
India MBA: Budget around ₹25–35 lakhs.
Abroad MBA: Budget ₹80 lakhs–1.5 crore, unless scholarships reduce the cost.
Applying for an MBA can be overwhelming—choosing the right program, preparing for exams, crafting compelling essays, and acing interviews all require a strategic approach.
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Application strategy for IIMs, ISB, global business schools, and executive MBAs
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