Plz evaluate my profile for MS in Fin Fall 2012

I'm sorry to hear about your disappointing results with Buffalo. The good news there is that they are actually doubling the size of the program next year, so if this year doesn't work out, you may have improved odds next year.
I don't know your GPA but your GMAT score is definitely an issue: Buffalo states that the MSFE program has been in great demand, so they are going to look for the highest GMAT scores to push up their profile and the prospects of their graduates. In terms of other programs, I am concerned: the average score at Boston University is 722, your 660 isn't even in their 80% range of 710-750; IUIC seeks applicants with Quant GMAT scores in the 90th percentile (your 49 is good at the 85th percentile, but not high enough). You might have better chances at IIT Stuart, where the average GMAT is 622, but since you are being compared to the other Indian female applicants, your score and profile needs to be the best among that pool of applicants. All of this discussion assumes that your GPA is strong and your goals and character impeccable.
These stats do push me to recommend that you increase your GMAT Quant score a bit.