Will a previous MBA affect current application?

Dear Stacy,

Thanks for providing your opinion.

I joined my distance learning-MBA, only to learn Finance in-depth. I was so much impressed with some of the events happening in my country (One example is, real estate and stock market shaked when the reserve bank announced a 0.5% increase Cash-Reserve-Ratio). I started my MBA with only learning as an objective, with no career goal.

But during its course, I realized what MBAs can do in corporate world- how the future of the company can be affected by each decision taken by a top-level manager. It sparked my interest pursue a MBA with career switch as an objective. Clearly, my distance learning MBA can no where stand closer to a full-time MBA in terms of practical knowledge gained; Also, it can not fetch me the career switch (At least not easily).

I took my GMAT yesterday, and got a score of 650 (Q47 V33), and disapponited with it. Do i have a chance to aim for a seat in a top-10 school? In addition to my career in engineering (9 years Exp), I have few other things to highlight (National Merit Scholarship holder, Columnist in a National Daily, First/or second prizes in quiz/essay competions upto district level, and passed my Bachelors in Engineering with a University distinction)

Thanks,
Viswanathan