Have scored low on GMAT (680-Q50,V31), inspite of scoring 710 & 740 on GMAT Prep & between 690 & 730 on
MGMAT.
For all MOCK CATs - Quant was between 48 & 50 - Verbal was between 36 & 40. [ Last mock given 2 weeks before GMAT].
Target Schools - Booth, Fuqua, Kellogg & LBS. (Second Round Deadline date - 5th January 2016).
Profile - Male /Indian / Engineer (IT). Total exp - 5+ yrs. 1 year in Business Consulting (worked on inhouse SaaS product steering product roadmap and analytics), 4+ yrs in setting up own venture (Entrepreneur - Boot Strapped - in Human Resource - Helping tier 1 technical companies in hiring process).
Extra curricular / Accolades - Multiple in school and college. Heading various Clubs / Groups in College. Prior to college actively involved in Theater & represented state in Cricket. Multiple certificates (20+ from college & school for winning & participating in various inter & intra institution events and fests).
Education - B.E. (IT) in 2010 - Tier 1 college - Absolute GPA - 7.8 / 10 (95%ile).
Should I work on Application / Retake GMAT after 21 days & parallely work on application / Retake after 1.5 months and apply in Round 3 / Postpone MBA by one year.
ALSO If not from the target schools, would these scores be good for McDonough / Emory
Thanks for all the help