Dear techashutosh,

Your chances of admission and scholarships varies greatly from school to school and program to program. Scholarships are usually only available to students in the traditional, daytime, full-time programs. Assuming that is the type of program you are applying to, then you will need to identify which programs offer what you seek in terms of curriculum, culture and connections. After that, you can measure your profile against the school's class profile to determine your chances. Scholarships are highly competitive, so it is not something you should expect. For the best chance at a scholarship award, then you will be applying to schools where your GMAT is significantly higher than the average.

Good luck,
Lisa