Vinit800HBS:
Your undergraduate GPA will no doubt play a role, and a more important one that your masters degree. I obviously don't know what you mean by "low," so feel free to clarify here, in a DM or through a free consultation with us.
https://admissionado.com/free-consultation/The schools will take your masters degree GPA into account as far as evaluating your technical prowess, but it will be weighted significantly less than your undergraduate GPA. Since 99.99% of MBAs must have undergraduate degrees to qualify for an MBA, it is a more universal measure of comparison for candidates even if the GPA systems are vastly different. A fraction of candidates will have a graduate degree.
How is your GMAT/GRE? As I'm sure you know, that is one of the most blatant ways to balance out a low GPA. Even if you have a great score, make sure you beef up your application by discussing hopefully strong extracurricular experiences and impressive work accomplishments.
-
Admissionado