Hi, all.
I was recently admitted to UNC's MBA@UNC online MBA program. I currently work in structured real estate finance in NYC. Working in NYC has certainly had its advantages due to its large professional network given the plethora of real estate and finance professionals who work here. After prep classes and taking the test several times, my GMAT score has peaked at 550. I applied to UNC (and was recently accepted) as their acceptance criteria was heavily focused on leadership and work experience. I have been working for 7 years (3 in traditional investment banking and 4 in structured real estate finance) helping to build out a finance platform within a global, well-recognized commercial real estate firm that did not previously have a group like mine.
I am not originally from the NY area and am open to moving to another part of the country for the proper opportunity (during or post MBA). UNC's Online MBA offers me the the benefit of access to a respected alumni network and academic brand, while offering the additional flexibility to pursue careers outside of NYC if I chose to do so. However, I do know from many of my peers that career paths have a way of keeping you in places longer than anticipated. My wife recently got a new job which may keep us here for another 2-4+ years so I am contemplating the benefit of attending Stern's Part-Time MBA, due to its more "local" network versus the online format of UNC (although I understand many UNC alumni work in NYC).
That being said, I had ruled out applying to NYU Stern's part time program due to my low 550 GMAT score. However, some have encouraged me to apply given my work experience. I graduated with a 3.50 from a smaller university in the southeast and would have very strong LORs from my SVP & MD who have known me for my entire career. My extracurricular activities are there but nothing that, in my opinion, will create an outstanding candidate situation. From those who have applied with a lower GMAT score, do you feel I stand a chance getting admited to NYU's Part Time MBA, given my strong degree of quantitative and entrepreneurial work experience coupled with very respectable LORs?
Thanks for any and all feedback!