Hello there:
I think you have a very good profile. Strong academics, good work experience, interesting extracurriculars.
A couple of quick points first - and then answers to your specific questions below:
1) Unfortunately there is no guarantee for the M7; however I do think that with the right application you have a very good chance of being admitted
2) Develop a tight explanation for your desired career transition. Many applicants to go to business school to make a transition into consulting; being able to clearly articulate your reasons is important. Reflect on your work over the past few years; did any of your projects contain a "consulting-like" component?? Did you work with consultants? If 5% of your job had components that made you realize your preference / potential for consulting it could help you build your story.
3) Think about leadership and impact. As an applicant with greater than average work experience, AdComs will have higher expectations for you.
4) Focus on your LGBT activities outside of work. Helping others based on personal experience is very compelling; these experiences will help differentiate you from the "finance demographic." Think about your motivations for the work you do and the impact you make through these activities.
In answer to your specific questions
1) I don't think education is an issue at all. Your GPA is only slightly below average and the high GMAT score more than makes up for this. Additionally, schools will appreciate the double major in economics and mathematics - two extremely quantitative subjects.
2) 29 is fine. It's a bit older than average (as I assume you will be 30 when you matriculate?) but only by two years. However, do not wait any longer. One of the reasons business schools do not like candidates with too much experience (and especially those moving into consulting) is that companies (especially banking, consulting) shy away from candidates with too much experience. After 2 - 3 years as a VP will you be willing to work long hours as an Associate? (Even though it is a career switch you will also be taking a more junior role that likely pays less). Try to show humility and humbleness throughout the application. You may also want to consider adding one or two European schools to the mix as the average age tends to be older at those schools.
3) The schools do not care who your recommenders are so long as they 1) know you well and 2) can provide good detail around your work experience. I would like to understand a bit more about your recommenders' profiles to advise you. As PhDs are they less "business minded?" I'm having a hard time trying to picture the profiles as they do work in a bank. However - let me provide some general advice. Should you think the recommenders may not be familiar with business school / used to writing business school applications / intellectual vs practical (or any other reason you think they may not be able to write good recs) think about how you can guide them.
Determine the skills you would like your recommenders to highlight. Think about projects you have worked on that you would like them to tell. Ask if you can have a conversation with them to discuss the recommendation. Provide a list of exampls of work you have done that they could draw from if they like. There are guides for MBA recommenders available which can provide information on writing a good MBA recommendation.
You have a good profile. You need to package it well and tell the right story. If you would like to chat in more detail, email me at
pamela@jaffeadvantage.com for a free consultation.