I feel these are some questions that really strike some or the other GMAT aspirants from country like India. I don't know why there has been no reply/discussion on these points.
Especially, I would like someone to elaborate on the process of selecting and submitting the 5 school of choice during the exam time.
Any help would be appreciated.
To add to what Rich said above - the reason there is usually no reply to such posts is that even if instead of the 5 lines people write about themselves, they give us a 100 page write up on 'who am I', we cannot make these decisions for them. It's a matter of their career - life; they need to decide on their own.
"Which school is best for me?" is a question that requires a lot of due diligence from your side.
What others can tell you is which school is at the top slot in current rankings - the current rankings are based on which factors - which school is located where - how the placements were last year etc. They can guide you on where to find the answers and perhaps answer one or two school specific questions, if they know the answers.
There are right forums where you can go to look for the answers. This is what our blog's business school drop-down list looks like:
Blog Screen.jpg [ 293.22 KiB | Viewed 363 times ]
You will find all information on rankings, admissions, deadlines, applications, experiences etc in these posts.
In GMAT Club forum too, you will find a sub forum "Business School Discussions" where people discuss everything about B-schools.
"Ask Experts" forum isn't the right place for 'discussion' and certainly not for 'replies' if you haven't done your research yet.
You can, of course, hire a consultant and have long discussions with him/her about what is suitable but even that will require some work from your side.
Veritas Prep | GMAT Instructor
Get started with Veritas Prep GMAT On Demand for $199
Veritas Prep Reviews