I have decided to apply to business schools this year (Round II) (Jan. 1st week deadlines

) today. I googled up mba admission resources and landed here. I am sure I can do the applications before deadlines with help from this forum.
My profile -
750 GMAT (50 Q, 42V)
M.S. Software Engineering (San Jose State University, CA) - 3.7,
B.E. Computer Engineering (Government College, India - not much famous) - 68%
Age : 27
Sex : Male
Race : Indian
Experience : As of today, 5 years experience as Software Engineer in Fortune 500 company
(2 promotions in 5 years)
Entrepreneurship experience (startup didn't become successful

)
Money : Hardly 20k in saving -> Looking for not so expensive schools
Future career goal : Product Management / Entrepreneurship
Community Service : Hardly Any
Sports : Captain of internal volleyball team
Application money to spend : 5k -> 2k on application / 3k on essay editing services (yet to select)
Target Schools : Tier I : UCLA, COX, Cornell, Duke
Tier II : USC, Texas A & M, Brigham (safe bet and less fees)
I really appreciate any suggestions. PM me if you think you are in same boat, we can share some valuable information.
Thanks a bunch!