I just completed the GMAT with a 710 (47Q, 41V, 8IR, waiting for the writing score). I have a low undergraduate GPA of 2.8 with a BS in Economics from the University of Wisconsin-Madison. I have 4.5 years of work experience, all in sales. I have been at my current job for 3.5 years, and last year was promoted to sales manager where I am gaining management experience.
Having completed my GMAT, I am starting to look into the applications process and choosing the schools to apply to. With the profile I have outlined, what programs do I have a realistic chance of getting accepted into?
I am looking at schools like University of Wisconsin - Madison, University of Minnesota, and University of Iowa. Am I setting my sights too high or too low? Geographically, I am open to any schools in the United States. I would love to hear experiences of applicants with similar profiles, mainly overcoming a low GPA.
Additionally, given the time of year, for some programs I could apply to the third round of applications for the fall 2017, however I am inclined to wait to apply to the Fall 2018 class and apply in the first and second rounds. Is that a wise strategy, or should I be applying to programs during round 3 this year?
Lastly, is there anything I should be doing over the next year to improve my profile?
Thank you in advance for your input!