Lesser schools require less work exp?

[charlie33]

Is it a true statement that a lesser business school requires less work exp and would be more likely to accept a college senior?

For example for a school that only requires a 450 GMAT would they be more likely to take a 3.0 GPA straight out of college with minor work experience and good extra curricular activities?

[Scottie@VeritasPrep]

Lower ranked business schools may require less work experience however you will need to check on a school-by-school basis to find out the specifics. That said, work experience is a valuable prerequisite for many schools because it provides you with a foundation for learning and understanding business principles. Finally, you should seriously evaluate whether a school that only requires a 450 GMAT can provide you with the business knowledge and alumni network you need to reach your future goals.

[charlie33]

Thank you for your response.

I have one more question. I have ran an eBay business while in college for the last year, that has revenue of approx 10K per month. Does this count for anything in an application?

[aim-wsc]

It wont be counted as a proper work experience; Part-time work and college interships also do not get counted.
But do mention it; it'll not make negative impact for sure. 10k is great sum! maybe you've some story to tell... definitely mention it.