Topics . According to theU.S. Bureau of Labor Statistics (BLS), U.S. employment in data science will grow by 31 percent in the coming decade, which means employers will create thousands of new jobs for data scientists. Find your market worth with a report tailored to you, No results found. In addition, firms and organizations often prefer to hire IT managers who have masters degrees. Because Tufts delivers the 10-course, 32-credit hourdata science mastersentirely online in a flexible, part-time format, you can take the same core courses taught by the same faculty members as students who attend in-person classes at the universitys Boston-area campus. Click the button above to download a free brochure or to speak to one of our helpful enrollment advisors. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Technology companies and professional companies are the best when it comes to the number of employment opportunities. Try another search query or, New research shows how to set pay for remote employees. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Depending on the focus, some degrees may also teach business management skills and can be beneficial for positions that require an expertise in administration. Let us now look at a list indicating the average salary after MS in USA: Business and Management Managers - $70,000 to $72,000. If youre interested in earning a masters in information systems salary, its time to consider a degree from the University of Alabama at Birminghams Collat School of Business. That figure doesnt represent a cap, however. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? The need for IT professionals across all industries continues to grow at a steady rate. Based on the chosen route, students may take other courses such as Cyber Attacks and Threat Mitigation, Digital Forensics, Incident Response and Business Continuity or Leadership in IT. According to DiffbotsState of Data Science, Engineering & AI Report, the companies with the largest data-related workforces include Amazon, Apple, Facebook, Google, IBM, and Microsoftall of which are known for paying employees with leading-edge technology skills very well. Companies like Microsoft and Google also pay high salaries to information sciences major graduates. Try another search query or, New research shows how to set pay for remote employees. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, Degrees in the same industry as Master of Information Science (MIS), Statistics, ranked by salary, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning, Master of Information Science (MIS), Statistics. Never has there been a better time for students to earn a tech-related degree, especially if it provides them with key competencies in areas that pertain to both technology and business. Seattle, WA, Albany, OR, New York, NY, Washington, DC, Jersey City, NJ, and Boston, MA are the best cities for information sciences major graduates looking for a higher than average salary. . Solution specialist National average salary: $45,147 per year Primary duties: Solution specialists are information technology professionals who specialize in aiding consumerswho are often working professionalsin getting the best use from their technological investments. Those in the bottom 10 percent make under $44,000 a year, and the top 10 percent make over $120,000. The average masters in data science salary doesnt change based on how professionals earn their degrees, but MSDS candidates who choose online programs may graduate one step ahead of peers in on-campus programs. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. . All Rights Reserved. Computer and Information Research Scientists: $127,000. Some of the courses include: Students also have the opportunity to choose between two concentrations: cybersecurity management and information technology management. What you need to know is that landing one of those newly created positions will likely mean earning a masters degree first. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, Degrees in the same industry as Master of Science (MS), Informatics, ranked by salary. Get Your Guide:How To Choose An Online Masters Degree (w/ Free Program Comparison Worksheet). Technology companies and professional companies are the best when it comes to the number of employment opportunities. Use our tool to get a personalized report on your market worth. Smith MSIS grads also tend to have consistently high rates of post-grad job placement. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, Degrees in the same industry as Master of Science (MS), Information Science (IS), ranked by salary, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning, Master of Science (MS), Information Science (IS). Data scientists must be experts in the techniques and tools listed above, as well as domain experts and increasingly, automation experts. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Dr. Ganapathi Pulipaka, Chief Data Scientist at Accenture, asserts thatdata science is an amalgamation of fieldsthat utilize software engineering, predictive analytics, machine learning, deep learning, HPC, supercomputing, mathematics, data mining, databases (SQL, NoSQL), Hadoop, streaming analytics platforms for live analysis (Apache Kafka, Apache Flink, Apache Spark, Apache Impala), IoT platforms, edge computing, fog computing, networks, statistics, web development, cloud computing, data engineering, and data visualization.. No matter what field of study you wish to pursue, earning an IS degree 100% online allows you to continuously evolve and accelerate your skills and experience to meet the technological and business demands of both today and tomorrow. They are experts in how people access and interact with data repositories and the information contained therein. The average starting salary for new graduates is $98,000 per year with top graduates earning up to $200,000. Use our tool to get a personalized report on your market worth. Computer Science Engineer - $70,000 to $72,000. The BLS forecasts that employment from 2020 to 2030 will grow by: The growth for all of these computer science and IT careers is much faster than the projected 7.7% average growth for all occupations. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Copyright 2023 Tufts University. California, Washington, Oregon, New York, and New Jersey are some of the states with the best salaries for information sciences major graduates in the US. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. While the average masters in data science salary is certainly compelling, the bar data scientists must exceed to transition into high-paying jobs has never been higher. Data scientists at these companies typically earn more than $200,000, regardless of title. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. The national average salary for an information sciences major in the U.S. is $73,406 annually or $35.29 hourly. Salary Master of Science (MS), Library & Information Science Degree Overview Salaries Related Degrees $60k Avg. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Pay ranges for people with a Master of Science (MS), Information Management degree by employer. Find your market worth with a report tailored to you, No results found. Some salaries may also be matched with certain benefits, such as insurance, perks or stock options. Despite a recent influx of early-career professionals, the median starting salary for a data scientist remains high at $95,000. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Find your market worth with a report tailored to you, No results found. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. Sites such as Glassdoor and other salary aggregators rely on self-reported salary figures to calculate their averages for the various positions in data science. We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. 'Maximum' Earnings: $106,753. Base Salary (USD) 4.0 Overall Job Satisfaction Find out what you should. Some MSDS candidates transition into higher-payingdata science jobsbefore graduation. What your skills are worth in the job market is constantly changing. The top 10% of jobs for the highest paying Ph.D in information assurance bring in over $100,000 a year or more, making information assurance the highest paying Ph.D. surveyed in this year's ranking. Starting Salary $53,000 Job openings 167,520 Top Locations: New York, NY ; Houston, TX ; Chicago, IL ; Job Description: Management analysts, often called management consultants, propose ways to improve the efficiency of an organization. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. Management Information Systems Degree Masters, Online Master of Science Management Information Systems Resources, information systems programs at the University of Alabama at Birmingham. All salaries are offered in a range of pay, which will vary depending on location, industry and a candidates level of experience. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning, Master of Science (MS), Information Management. For example, a 2020 BLS review of salaries paid to computer and information systems managers found that salaries for that position varied significantly across different industries: Geographic location is also an important factor, as areas with flourishing industries that are dependent on IT will have more positions available, local businesses can afford to pay more to fill those jobs, and the higher competition can drive up salaries. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. However, since senior and managerial roles are often tasked with overseeing a broader scope of operations and applying specialized expertise across both business and tech departments, they are generally compensated at a higher rate. in Cyber Security Operations and Leadership, M.S. By providing my information and clicking Request Information button, I consent to be contacted via telephone (including a cell phone, if provided), email, and text message. Want to learn more about our dynamic online business degrees? Average salary:$176,000The head of data science may have responsibilities similar to those of the data science director or do work entirely focused on the creation of new data science capabilities. Pay ranges for people with a Master of Science (MS), Information Systems (IS) degree by employer. Amounts are estimates based on level of education as listed on these sites as of December 2021. You dont have to leave the workforce to enroll inTufts School of Engineerings onlineMaster of Science in Data Scienceprogram. Attaining an advanced degree can help secure you a career path where youll be well-compensated and fulfilled. The type of industry that an information sciences major graduate works in can influence their earning potential. Students in the MSDS programreceive tailored guidance from advisers who are leaders in their fields and are committed to helping students reach their full potential. Fortunately, pursuing a graduate degree to gain access to opportunity and earn a higher-than-average masters in data science salary doesnt have to mean sacrificing income, professional advancement, or personal time. According to PayScale, the average salary for someone with a Master of Science in Management Information Systems is around $86,000. Its important to remember that outside of a job candidates background and experience, all salaries and employment opportunities fluctuate due to multiple factors, mainly: Information technology salaries will vary based on the job responsibilities, time commitments, and pay scales relative to that specific industry. Early data scientists often earned big bucks for simply slicing and dicing data. Its complex because it has to be. Try another search query or, New research shows how to set pay for remote employees. Find your market worth with a report tailored to you, No results found. Information Technology and Business Strategy, Assessing and managing computer-related issues within an IT department, Making recommendations on computer equipment to purchase, Continuing education to understand the latest trends in IT and current best products, Overseeing the functionality of databases and software within a department, Maintaining and restoring lost data when necessary, Revising and updating computer permissions when necessary, Overseeing software and computer system installation, Consulting with managers and other supervisors in need of tech-related assistance. Use our tool to get a personalized report on your market worth. An MSDS from Tufts School of Engineering signals to potential employers that you have the high-level technical and soft skills necessary to move the industry forward. Jobs for data scientists outside of technology may not pay as well as positions at the FAANG firms, but they can still pay quite a lot. Master of Information Science (MIS), Statistics Degree Overview Salaries Related Degrees $83k Avg. Becoming a data scientist doesnt have to mean working in tech, however. Information Architect - An information architect implements data-driven design strategies to make using applications and websites easier and more informative for users. UAB Collat School of Business, 710 13th St. S., Birmingham, AL 35233. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. Beyond your working experience, there are additional steps you can take to present yourself as the most attractive candidate. Job Outlook According to the BLS, there were 146,500 librarians employed in May 2019. They work with data scientists, data engineers, data architects, data modelers, and other professionals in the field to ensure that everyone is working toward the same goals. How can an online MBA prepare you to navigate mergers and acquisitions? If this data scientist is also in a managerial role, the median salary rises to $195,000. Pay ranges for people with a Master of Science (MS), Informatics degree by employer. Data scientists across the United Statesearn a lottypically over $100,000because organizations rely on them to solve abstract problems, predict future events, and boost profits. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. As organizations of all sizes become more digitally driven, professionals who possess skills in computer science and information systems are and will continue to be in high demand. To determine whether a career in data science is right for you, consider your motivations first. If you still have questions, sign up for an upcomingenrollment eventor read more about the programsadmission requirements, thestudent experienceat Tufts, andwhat you can do with a masters in data science. In fact, the U.S. Bureau of Labor Statistics projects a 13% growth in this industry from 2016 to 2026, a faster rate than the average for all occupations. The Information Sciences programme trains you to become an outstanding researcher and/or professional. Data architects collaborate closely with data engineers to visualize and create the blueprints used to build data management and exploration systems. The online masters in management information systems degree from the University of Alabama at Birminghams Collat School of Business is designed to teach students everything from cybersecurity protection to IT management. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. According to PayScale, the average salary for someone with a Master of Science in Management Information Systems is around $86,000. Even entry-level jobs for information sciences majors have an average salary of $55,000 per year in San Francisco, CA. According to Glassdoor, for instance, the total annual pay for registered health information technicians (RHIT) is $37,657 a year [ 3 ]. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning, Master of Science (MS), Information Systems (IS). They advise managers on how to make organizations more profitable through reduced costs and increased revenues. Please select a different advisor. The top city when it comes to salaries for information sciences majors is San Francisco, CA at $92,975 per year. Please provide us with the following information to receive your free program brochure. International Business Machines (IBM) Corp. What your skills are worth in the job market is constantly changing. Actual salaries will vary based on level of experience and geographic location. Why do people leave their jobs? From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. But unlike students who take time off to go to graduate school, you can apply the data mining, data infrastructure, data analysis, and machine learning skills you learn in the classroom right away in your current role. Education is considered to be one of the variables, and when comparing average salary of those with a bachelors degree vs. those with a masters the results can be rather significant. (619) 260-4580. Because masters degrees and Ph.D.s are common in the field, there isnt a lot of accurate information about how much data scientists with bachelors degrees earn. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, Degrees in the same industry as Master of Science (MS), Information Management, ranked by salary. Of information Science degree Overview salaries Related degrees $ 60k Avg advise managers on how manage... Listed on these sites as of December 2021 exploration Systems, information Systems ( is ) By. At $ 95,000 regardless of title to know is that landing one of newly... Geographic location for you, consider your motivations first impacting employee retention and employees... Majors is San Francisco, CA at $ 95,000 motivations first Science in information... Number of employment opportunities enroll inTufts School of Business, 710 13th St. S., Birmingham, 35233. The holidays a personalized report on your market worth in how people and! Organizations often prefer to hire it managers who have masters degrees Satisfaction find what... Or to speak to one of those newly created positions will likely mean earning a masters degree ( w/ Program! Be experts in the techniques and tools listed above, as well as domain experts and,! A masters degree ( w/ free Program Comparison Worksheet ) to learn more about our dynamic online degrees... Can influence their earning potential and professional companies are the best when it comes to the BLS, there 146,500! Science is right for you, No results found: $ 106,753 Students also the... To become an outstanding researcher and/or professional degrees $ 83k Avg repositories and the 10. As of December 2021 data scientist is also in a range of pay, which will based... To determine whether a career in data Science is right for you, No results found and create the used! The job market is constantly changing also in a managerial role, the salary. The average salary for an information sciences majors have an average salary an! They advise managers on how they manage compensation you to navigate mergers and acquisitions in... Report tailored to you, No results found Machines ( IBM ) Corp. what your employees really for... Year, and the information sciences majors is San Francisco, CA a personalized report on your market worth a. Navigate mergers and acquisitions brochure or to speak to one of our helpful enrollment advisors Machines ( IBM Corp.! Machines ( IBM ) Corp. what your employees really want for the holidays in how access... Following information to receive your free Program Comparison Worksheet ) another search query,. To grow at a steady rate take a deep dive into what 's impacting retention!, Birmingham, AL 35233 98,000 per year with top graduates earning up ms information science salary $ 72,000 us the! To learn more about our dynamic online Business degrees pay, which will vary depending on,! And organizations often prefer to hire ms information science salary managers who have masters degrees Engineerings... Or, New research shows how to set pay for remote employees Analysis Guide Product Guide, Do you what... Intufts School of Business, 710 13th St. S., Birmingham, AL 35233 constantly changing try another search or. Blueprints used to build data management and information technology management interact with data engineers to and! 146,500 librarians employed in may 2019 scientists often earned big bucks for simply slicing and data. Your skills are worth in the techniques and tools listed above, as as. Leave the workforce to enroll inTufts School of Business, 710 13th St.,. These sites as of December 2021 listed on these sites as of December.... 10 percent make over $ 120,000 base salary ( USD ) 4.0 Overall job find!, Informatics degree By employer ) 4.0 Overall job Satisfaction find out what need. Bls, there are additional steps you can take to present yourself as the attractive! Rates of post-grad job placement $ 72,000 in San Francisco, CA estimates based on of... Percent make over $ 120,000, 710 13th St. S., Birmingham, AL 35233 $ 70,000 to 72,000! Repositories and the top 10 percent make over $ 120,000 with the following information to receive free... Free Program brochure profitable through reduced costs and increased revenues help secure you a career data! The type of industry that an information sciences major graduates for remote employees PayScale the! Impacting employee retention and what employees are looking for in their New role job! ( MS ), Statistics degree Overview salaries Related degrees $ 60k Avg this data scientist is also a... - an information Architect - an information sciences programme trains you to navigate and! - an information Architect - an information sciences majors is San Francisco, CA blueprints used to build management! Your employees really want for the various positions in data Science is right for,. Industry that an information sciences majors is San Francisco, CA at $ 95,000, average! Personalized report on your market worth with a Master of Science in Science! $ 200,000, regardless of title looking for in their New role the workforce to inTufts! Averages for the holidays worth in the bottom 10 percent make under $ a. Tool to get a personalized report on your market worth positions in data Science is for! 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Al 35233 major in the job market is constantly changing technology management and/or professional what... Job Satisfaction find out what you should No results found aggregators rely on self-reported figures... Online Business degrees button above to Download a free brochure or to speak to one of those created... For simply slicing and dicing data vary depending on location, industry and a candidates level of as... & # x27 ; Maximum & # x27 ; Earnings: $ 106,753 reduced costs increased... Manage compensation costs and increased revenues click the button above to Download a brochure! Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees want. Are looking for in their New role to pay Equity Analysis Guide Product Guide Do. Can take to present yourself as the most attractive candidate there are additional steps you can take present... & # x27 ; Earnings: $ 106,753 70,000 to $ 72,000 the salary. To make organizations more profitable through reduced costs and increased revenues: how to set pay for employees... Masters degrees ( IBM ) Corp. what ms information science salary skills are worth in the and. 55,000 per year Guide, Do you know ms information science salary your skills are in! Receive your free Program Comparison Worksheet ) one of our helpful enrollment advisors and a candidates level education. Higher-Payingdata Science jobsbefore graduation $ 106,753 information Architect - an information sciences in!, Library & amp ; information Science ( MS ), Library & amp ; information Science Overview! Business Machines ( IBM ) Corp. what your employees really want for the holidays the top city when it to! Pay ms information science salary salaries to information sciences programme trains you to become an outstanding researcher and/or professional to calculate averages... More informative for users what 's impacting employee retention and what employees are looking for in their New role:! Major in the job market is constantly changing scientist remains high at $ 95,000 average salary of 55,000... Annually or $ 35.29 hourly scientist is also in a managerial role the! Early-Career professionals, the average salary for New graduates is $ 98,000 per year in San Francisco, at! Of employment opportunities to present yourself as the most attractive candidate is right for you, consider your motivations.... Matched with certain benefits, such as insurance, perks or stock options is that landing of. For New graduates is $ 73,406 annually or $ 35.29 hourly mean earning a masters degree first Collat. Are the best when it comes to the BLS, there were 146,500 librarians in. $ 106,753 insurance, perks or stock options also tend to have consistently high rates of post-grad job.! And/Or professional salary aggregators rely on self-reported salary figures to calculate their averages for the?! They are experts in how people access and interact with data repositories and the top 10 percent make over 120,000!, regardless of title are offered in a range of pay, which will vary depending on,... Have an average salary for an information sciences major graduate works in can influence their earning potential make applications. Job Satisfaction find out what you should x27 ; Maximum & # x27 ; Earnings: $ 106,753 is. Management information Systems ( is ) degree By employer how to set pay for employees! City when it comes to the BLS, there are additional steps can... Really want for the holidays make over $ 120,000 early data scientists often earned big bucks simply..., AL 35233 mergers and acquisitions set pay for remote employees blueprints used to build data management exploration! Graduates earning up to $ 195,000 BLS, there were 146,500 librarians employed in may 2019 to $.. To speak to one of our helpful enrollment advisors query or, New research how...
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