Hi
amk1126,
Thank you for your post. Based on what you've shared, I'd say that your profile is generally in the mix for the schools you're targeting, but you will have to execute very well and overcome a few obstacles. The challenges will be differentiating yourself as part of a very common / traditional pool of applicants, convincing them why you need an MBA at this point of your career (and on the higher side of the age curve), why you want to transition from investment management to investment banking, and why you fit / what you can uniquely contribute to each class.
If you sit on your current GMAT score, there will be an even bigger onus on your story, career goals, school specificity and fit, school research and engagement, etc. -- and how all of that fits together -- given that you're mainly in the low GPA, average GMAT camp for these schools. (Cornell's average GPA is a shade lower than the others.) That 3.0 GPA is often going to be outside of the middle 80% for these programs, placing you in the bottom 10% within a typical class. If there are any soft spots in your transcript, you might consider taking a course or two to toughen those up. I'd imagine that your job is fairly quantitative, so you (and your recommenders) should also keep opportunities to shore up those soft spots elsewhere in your application and recommendations.
You'll also need to be super proactive about the age / work experience / why now factor. Enrolling at age 31 to graduate at age 33 and presumably become an associate at an investment bank is doable but definitely pushes up against the higher side of the age curve. (You'd probably be among the oldest people in your associate class, and you will need to convince them adcoms that your recruitment path is still viable. Given you've worked at these firms, albeit in different capacities, I believe it is, but you will need to do some very effective convincing... and possibly even show the adcoms that you're already laying live foundations toward this transition now, before you even apply.)
For all of the reasons described, you can't afford to sleep on any parts of the application. There will be many others with similar personal and professional backgrounds, and while every candidate has strengths and weaknesses, you'll need to make adcoms love you and your story so much that they look past others in your bucket who don't have GPA and age working against them. You should ensure superb story development, career goal specificity and articulation, why MBA and why now, school specificity, school research and engagement (be active), why exactly you fit and how you'll contribute, unique passion / purpose / personal story, excellent recommendations, and even building the aforementioned preemptive paths to your desired investment banking roles. You can read more about several of these factors here:
https://www.avantiprep.com/blog/the-mos ... on-processPlease feel free to sign up for a Free Consultation so we can go into these items further and you can ask questions. I worked at J.P. Morgan for seven years [analyst, associate, VP] so would be more than happy to share that perspective as well. You can sign up for a Free Consultation here:
https://www.avantiprep.com/free-consultation.htmlBest Regards,
Greg