Greetings and thanks for your request for a profile evaluation! I agree with some of my fellow consultants who have commented on here. It’s true that you are coming from one of the most challenging “applicant pools” (male, Indian, engineer).
My advice to you would be as follows:
--First, re-take the GMAT –but only when you’ve had sufficient time to properly devote yourself to study. I’m confident that, as a graduate of a top engineering college in India, you are capable of an even higher score than you have attained previously. That’s going to be critical if we are to convince AdCom’s at your target schools that you are a student to take a risk on! (Community service can be a strong positive factor, but it's important not to think of it as a cosmetic add-on that can mask or reverse other elements of the profile, especially if you commence involvement too close to application time. There are 'right' ways and 'wrong' ways to add community pro-bono work.)
--Second, the most important suggestion: devote significant time to reflecting on Your Purpose. You must step back and examine why you’re on this quest in the first place. What is motivating you to apply for an MBA? Is it just to have some extra initials attached to your name, for the network, or for some other purpose? (I’m sure you realize that only “some other purpose” will do as the correct response here!) Make sure that you take significant time to do some soul-searching and understand what your mission is. Many people find that working with an expert admissions consultant can help you with that; it’s a difficult thing to do on one’s own. Whether you decide to hire someone or go it ‘alone’, this is a fundamental element of application success.
Let’s put things in perspective. Attending business school is akin to any other business transaction – both sides must give and receive something, or else the exchange will not go forward. What you, the student, gain from business school is already well-documented, on this site and others. But what will that institution, and your fellow classmates, gain from you? Your intellectual contribution inside and outside the classroom, your community participation, and, of course, the future value of your accomplishments, which will lend the university prestige (and perhaps monetary donations someday)--these are the metrics upon which you are being evaluated, even as you apply. The AdCom uses your essays, your recommendations, and your past history of accomplishments (resume and previous academic transcripts) to assess the potential value of what you’ll bring to their school. Scholarships are typically extended to those who schools want most, which means the MBA program believes that applicant will bring even more value than average. You’ll want to reflect on these aspects of your profile as objectively as you can.
So, as others have noted, in the absence of a strong academic record and strong scores, we must turn to other means of assuring the AdCom that you are “worthy” (as complex and loaded a term as that is).
One thing I recommend is to better define your goal (beyond merely “product management”). “Product management” as such, sounds too general and ambiguous – really get a grasp on the business problem you’d like to solve in your lifetime. Remember, as others noted, you are coming from IT with an Indian background, and the competition in this group is particularly fierce – top grades and GMAT are the norm. Again, a great MBA consultant can help you to do that.
The next step would be to articulate the impact you’ve had on current (Adobe) and past organizations – best projects, convey your work in terms of impact on the firm, and describe the mentoring involvement that has recently come about.
There are many steps you can take to refine your profile and present your application in the best light. If you’re interested in a free consultation call with more robust detail, please do not hesitate to contact Arbitrage Admissions Advantage. We're wishing you all the best in life & B-school!