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Danteus
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Danteus
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Danteus,

I understand your logic, and in a certain way it does make sense. But I still would advise to apply for 2014. Let me explain my logic. First of all, you are pretty late for this year. For final rounds of applications, there are very few places open left, and most of them will be filled by folks who are on the waitlist, so you are at a distinct disadvantage to other applicants, and especially as an International student. At this point in time, by the time you hear back from the Adcoms it may even be too late for you to get a visa!!!! Anyhow, the problem is that if you accept a low ranked school this time around (which you will have to) you will likely set a pattern that will not be to your advantage. I mean you will pay lots of money to go to a so-so program, which will in all likelihood only lead you to a so-so job afterwards, and then you will be in no better position than you are in today (other than being in the US, hopefully with a work visa). Now, the position you are in right now may not provide you with everything you need, but still, you have a job, and it is in finance, which is a good start.

And I feel that from this "Safe Haven" of your job, you can do several things (maybe all): First improve your GMAT which is a must to get into a better school (which is a must to get a better job). Second to try and take initiative and get promoted, and succeed in this job. Or if you feel like it really isn't providing you with the experience you need, start looking for a more relevant job now (in Finance in Ecuador) which would also boost your profile.

And believe me, I totally understand this feeling of "I'm wasting my time" and your rush to move and do something, etc... But you know, the school application and corporate world is a very stabilized meritocratic system in a certain way. You go to the right school and you get the right test scores which gets you into the right graduate program which gets you into the right job. But if you try and skip a step in the chain, the system will not reward you for the most part. That's why I still think you should hold your horses on this year, and do what you can to make your profile as strong as humanly possible before applying next year (more volunteer work, more leadership, a promotion, more responsibilities, a great GMAT score, a better TEOFL score, a job change if necessary)...

Hope this helps...
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Danteus,

I feel that Jon has given you very solid advice and I concur with my colleague. Your GMAT is too low, even at some of your safer choices. It sounds like you have the intellectual firepower to do better based on your undergrad performance, so don't throw in the towel on the GMAT. Some of my clients took it 3-4 times before getting into a top 15 school.

And by this time 2013 is not a good option (not when you initially posted either), so take your time and get committed!

Suerte!

Alex