Great profile, so I will focus on your question. Certainly HBS and Stanford have a reputation for favoring younger applicants, but as a Hispanic applicant, you have something to offer that is very unique because there are scarce few hispanic applicants to top b-schools. With your big GMAT score and your cultural heritage, I would say it's definitely not a waste of time to stretch for HBS and Stanford, but they will look upon your work experience with more scrutiny and will want to see considerable achievement, advancement, impact and leadership. Make sure you can demonstrate these things and I am sure you will find yourself in a position of choosing amongst several schools, even being offered scholarship money. Whether it's at Stanford or HBS may be up to the numbers and some luck, but I would not let it deter you from trying.
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