Beat The GMAT a GMAT & MBA community

Here's my background in brief:

30 years old.

Education:

Ph.D (Electrical Engineering)

M.S (Electrical Engineering) GPA: 3.75

B.S (Electronics and Telecommunication) -- Score: 80.3% (India) -- I graduated with honors and stood in top 3 in a graduating class of 70.

High-School (Class XII): Recieved highest score (90.3%) amongst the entire graduating class, and a Certificate of Merit for scoring in the top 0.1% amongst all students across the nation (India)

Work Experience:

I am currently working for a mid-sized defense research company in Boston. Started off as a Research Engineer. Was promoted to Research Project Leader in 2 years. Will complete 3 years in Dec.

- Currently managing a research group of 4 people, 1 Ph.D and 3 Masters
- Have written several successful grant proposals and am Co-Principal Investigator on three Government projects from various agencies as Federal Dept of Transportation, U.S Army Research Labs
- Published and spoken extensively in several renowned conferences and workshops
- My work recieved U.S Army's Research Award for innovative research in 2009
- Recieved Best Graduate Research Award for my Master's Thesis research
- Taught undergraduate university level courses in engineering as full-course instructor
- Done multiple internships

Extra-curriculars:

- Actively associated with a non-profit teaching under-priviliged school children throughout my undergraduate years.
- Taught children various subjects like English, Math and Science
- Actively involved in various recruiting and fund-raising efforts over 3 years.

- National-championship level badminton player all throughout high school
- Part of college tennis teams during freshman and sophomore years

- President of Indian Students Association at the grad school. Transformed the association from a relatively small-sized group to the largest group on campus in terms of event organization and budget. Recieved several commendations from University officials.

I plan to start my own technology firm in the near furture, or work for a company in quantitative fields like finance, risk management etc.

I am planning to take the GMAT in September. Based on my current prep-levels, I hope to get a score in the 720+ range. HBS and MIT Sloan are my first choices due to proximity. I am looking at schools mainly in the Northeastern region. Wharton, Yale and NYU Stern are also on my list.

I am looking to get expert guidance on the entire admissions process. I am particularly interested in getting help with school selection.

1) Given my profile, is it reasonable to target these top schools?

2) Which schools might be more suitable given my goals and quantitative background?

3) Could you please shed some light on which areas in my application should be highlighted and which aspects need strengthening?

Thanks in advance to the experts.