Advice regarding EU universities

Hi,

I need some help in selecting a couple of EU universities (best fit for my profile) For MIM/Msc Finance. I worked for GS Ops for 2 years and resigned a year back in hopes of starting a venture with my friend back at home. The venture ultimately failed after 6 months and by that time it was a bit too late to apply for the 2014 intake.

I took my GMAT a month back and got a 710. I have decent academics overall (76% in commerce which is a 'first class with distinction' ranking - Unoffical GPA calculators estimate it to be around 3.5). On the side , I have been focusing on completing individual diplomas based around finance (short 3 month courses based on macroeconomics & portfolio management). I've shortlisted my selection to the below universities.

1. HEC MIM
2. Essec MIM
3. ESCP MIM
4. LSE Msc Finance

My question is that
1) do i have a valid shot at applying to these universities - the application fees alone translates to a huge sum in Indian Money and i really have to nitpick universities in which i stand a good chance.

2) Will the Gap year that I've taken deter my chances at these universities? - quitting my job brashly before actually doing a complete market research was admittedly a huge mistake on my part and i am worried that this would prove quite a deterrant.

The next course starts around september 2015 - so i will have another gap year in which i plan to complete the first level of CFA. I'm actually looking to have a career in the portfolio management.

Thanks,
KJ