Top MSF Programs: Should I start studying for the GMAT?

In short, I go to a non-target (I am a rising junior). I 'm very involved on campus with 2 internships lined up before graduation. I have a high GPA (3.7) and I'm going to do my best to maintain it. Should I take the GMAT if I want to get into the following schools?

  • Vandy

  • UT Austin

  • Villanova 

  • Notre Dame

Most of the schools I'm looking at have waivers for GPAs that are 3.5 or above. Not sure what this means. Will it hurt my chances if I don't have it? 

Thx. 

 

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