Help for Career/MSF Decision
Greetings monkeys, longtime lurker, first time poster
I am a 5th year business econ student (with a stats minor) at a UC in California (not berk, LA, SB or SD). I applied to all of the top tier MSF programs for the fall (hoping to place into IBD in LA) and some lower-end programs. Long story short, I didn't get into any top tier programs (all listed my low GPA 2.75 and more particularly my low GMAT 660 as reasons for rejection). I got into lower tier programs (Arizona and Peppedine) but I have a question for the WSO community. Which one of the following paths should I take?
Go to Pepperdine/Zona and network like a hawk to land an IBD gig.
Stay in school for my 6th year and finish with a double major in business econ and stats (3 classes away from stats BS). Get the GMAT above 700 (doable with enough study for me, got a 500 my first time, 660 the next), get my GPA up to 3.0 (possible with near straight As), then apply to the top tier programs. Wait for USC's possible MSF. I would love to stay in California. If I take option 2, I would also be able to do an SA in corp fin at a reputable F500.
Thank you everyone in advance. Gracias!