Hi,
I am certainly not going to advise you on which schools you should or should not apply to. But I would like to suggest a few questions that you should try and answer for yourself.
1) Are you satisfied with your score? Is this what you had expected?
If the answer is yes, then there is no reason to frown because you should be able to apply to the schools you originally had in mind. However,
2) If the answer is no, do you think you can improve your score in a subsequent attempt?
If you genuinely believe you can, start preparing for your next attempt. If however the answer is no, then,
3) Do you think you have enough to offer a school to compensate for a low GMAT score?
If you believe you have the experience, diversity and success that a school will value, go ahead and apply to the best schools. All I would suggest is that don't get psyched by average GMAT scores. Instead, focus on putting forth the best application you can.
This is a good time to structure your thoughts and start considering alternatives or solutions. Hope this gets you thinking.
Atul Monga
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