Hello
Stratus Prep,
I would like to know your thoughts on how much an improved GMAT score would help my case. I know that a 750 GMAT score (49q, 42v, and IR7) is an amazing score--I am very happy with it--but would a 760 or 770 add that much to an application? I feel confident that I would score a 760 if I retook the exam and could possibly get a 770 with some additional work. The only reason I would ever consider a retake is because of my terrible, horrible, no good, very bad GPA.
I have no idea as to my realistic chances at any schools, but these are the schools that interest me: H/W/S, Duke, Darden, and Kenan-Flagler (your thoughts on my shot at these schools would be helpful too). Ideally, I would like to spend as little as possible towards my MBA, so a scholarship would help. Again, I don't know if I have a chance at any of these schools, let alone a scholarship, but I would like to optimize my chances at both admission and a scholarship if at all possible. Work experience might be my blue chip--co-founded startup that has gone through a top Silicon Valley accelerator (more on this below).
Here are my stats:
2.75 GPA from average state school (Major D1 school). Major = Real Estate/Housing; Minor = Business.
Extracurriculars: Varsity track and field (all-american, 3x all-conference, partial scholarship, member of 2 national champion teams and 5 conference champion teams), also walked onto the football team for 1 year (we were conference champions).
GMAT - 750 (49q, 42v, IR7)
~top 25% of law school class (top 50 school), member of CA Bar, but have never practiced.
Work history: (I will be applying at 30/31 years old)
2.5 years in property management--promoted 2x, supervised 7 employees (all whom were older than I was at the time) at apartment building valued over $50MM.
2 years as paralegal at RE Finance law firm (while in law school)--closed loans ranging from $2mm-$30mm for multifamily housing developments.
4 years at tech startup, which I co-founded (COO). Member of top Silicon Valley accelerator, company raised ~$10mm, helped build company to $1mm run-rate and staff of 20 employees. One of the years at the startup overlaps w/my paralegal job--in other words, I was in law school, working full-time at a real estate finance firm, and trying to get a startup off the ground at the same time.
My belief is that I can leverage my positives--my startup/entrepreneurship experience, GMAT score, athletic history, and good performance in law school--enough to gain a serious look from a couple of really great schools.
Also, FWIW, I really appreciate the podcasts that StratusPrep has done with another one of the MBA sites