Hi there,
Thanks for your post, and congrats on your newborn.
Sorry to hear you were disappointed in your GMAT score, that is frustrating when you were expecting higher. I'm wondering in terms of re-taking, are you hesitant because of the prep time you would envision doing? Because usually you can take the exam by the date of the admissions deadline and be fine, in case that was still an option (re-taking), and schools take the highest score. For people who had scored a lot better on realistic practice tests, I would generally advise trying again as soon as is possible, because you are likely capable of that higher score and the nerves got the best of you (I've seen this in my experience working with GMAT students as a teacher, tutor, adviser and national program directer over the years, and that's my advice when students do well on practice tests and not so hot on the real thing, to give it one more shot and soon.)
However if that is definitely out of the question, then yes a 600 makes it tough. Nothing is impossible though, and admission is decided holistically based on your entire profile and application and everything about you, and the essays go far in impacting this impression of you and ultimately the decision. I would probably skip IMD as their class size is under 100 and therefore EXTREMELY competitive. Others you could look into include Cambridge, Bocconi, ESADE, AGSM (16 months), Warwick, HEC (16 months). Also for 'value' so to speak and time it takes to pay off investment, you can reference Forbes lists such as:
https://www.forbes.com/business-schools/ ... rnational/.
I encourage you to focus on those essays to really emphasize what makes you unique, what brought you to this point, why you need an MBA especially now after so much experience, and what you plan to do with it. Keep us posted on questions and your decisions, and wish you all the best!