Profile Evaluation - chance at a top 5 school?

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My profile is as follows:

Nationality: US
Current Age / Gender: 27/ Male
Undergraduate: Large State School, BS Business Admin

GPA: 3.0 (I plan on submitting additional info explaining that I worked almost full-time through college and that I recognize that I did not give my undergrad a worthy effort, but that I have grown into a completely different person since then.)

GMAT - 710 (this was achieved without preparation - I will take the GRE as well for purposes of joint-degree applications and plan to score very high. Should I re-take the gmat?)

Work Exp - Hired out of college at a mid-size financial services firm and promoted immediately to Director of Marketing. Left after 2 years to pursue dream of Peace Corps. Served 2 years as Peace Corps working with the strengthening of business administration practices in community tourism projects, was named the regional business director, elected member of the volunteer advisor council, editor-in-chief of the volunteer news publication, will receive outstanding recommendations.

Extra-curriculars: have recently founded my own non-profit with the format of a web 2.0 start-up - taught myself how to develop a website for this cause. Generally active otherwise in extra-curriculars.

Reason for MBA - I am extremely inspired by the idea of the double and triple bottom line in business. I dream of a career that merges social responsibility through entrepreneurship and innovation with business for the benefit of all. I would like to manage start-ups in emerging markets.

Other - fluent in Spanish, currently studying Chinese. Marathon runner.

Do I have a realistic shot at Stanford or HBS? My current list of schools at which I'm applying is as follows: Stanford, Harvard, Yale (Peace Corps fellowship duel degree), Columbia and Duke (Peace Corps Fellowship)

Any constructive feedback will be sincerely appreciated.

Thank You.
Source: — Ask an MBA Admissions Consultant |

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by Cindy Tokumitsu » Sat Jul 24, 2010 5:53 am
Hello,

From the information you've provided I'd consider the schools you mention reaches - varying from reasonable to perhaps the outer edge of reasonable (HBS, Stanford) but still worth it with stellar applications.

The GPA is a weakness since the GMAT is good but not great, and saying that you've changed isn't enough. If you can retake it and feel assured of scoring significantly higher (730+) with a reasonable effort, then you should do it. Also good to give the GRE a shot. Consider taking a relevant course or two and earning A's - even if you haven't completed them by application time you can mention them in an optional essay, cite any interim grades such as quizzes, and state that you'll send the transcript upon completion. This step will prove that you can excel in an academic environment.

You have a lot of activities that show initiative, commitment, etc., but the top MBA programs also want to see growth in terms of accomplishment, advancement, increased scope of responsibilities - don't overlook these factors in your application. Also, the adcoms will be considering you among other applicants who have strong social entrepreneurship experience and goals - think about how you will stand out and distinguish yourself among this group when you prepare your application.

Best regards,
Cindy Tokumitsu
Senior Editor, Accepted.com