ajmba2017
Waitlisted

.
Are there any chances of convert?
There are couple of things that you can do-
1) Raise your score, if it is below 700.
2) Take some additional responsibilities/projects at workplace that supports your post mba goals.
Do not forget to communicate these changes to the school.
One thing for sure, if you do not take steps to improve, things wont change. If you sincerely feel that you cannot add anything to your profile, then probably wait and watch.
All the best!