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Thank you Varun and Ferrell for your response. Appreciate your time.

I am mostly interested in INSEAD but I know it is not going to be easy. If I am not able to make INSEAD (or IMD), I might as well try for EMBA in next couple of years. If I go that route, I will prefer executive programs of Wharton, Kellogg, Booth, LBS and INSEAD GEMBA (although INSEAD FT reject may impact INSEAD GEMBA chances).

I wish to break into consulting but I know it is going to be challenging (if not impossible). I am working in Accenture Digital and I might be able to convince the HR for an interview into their Strategy department with EMBA (the alternate being Business Development).

Ultimately, I don't want to compromise on quality of education even if I have to take the EMBA route. I hope this makes sense.