Hi all, hoping to get some feedback on a little predicament am in due to my own indecisiveness and poor timing. Business school has been in the back of my mind for a while but I only recently officially made the decision in my own head to pursue and MBA. Once I started looking at the deadlines, I realize I picked a poor time to have this "ah hah" moment. My main goal is to get into Columbia, but given the timing I am stuck with the decision between two main options.
1) Don't rush the application and apply during the next round (for Fall 2019 entry). This will give me the best chances because I can apply Early Decision for Columbia and also spend plennnnnty of time on the overall application and give me more time to study for the GMAT. I have not started studying for the GMAT at all, but have general confidence in my test taking skills and ability to get a decent score (but this will be on a shortened study period so who knows). The main downside is that Fall 2019 is a long time from now. I am already very bored at my current job and definitely can't stay that long. I'd have to find something to do for that large gap of time. I'm sure I can get creative and figure something out (travel, side project, new work experience), but again Fall 2019 is a loooong time from now. No wife or kids though, so that helps a bit.
2) Get started ASAP and get those applications ready! Work isn't too busy in December so I can really go beast -mode on the GMAT and all the applications. The downside is that I would face the harder task of getting in at the later rounds at all the various schools, and specifically not having the ability to apply ED at Columbia. Not to mention, the overall application might be as good as it could be with more time.
Profile for background:
non-urm, 27yrs old
3.4 undergrad GPA with economics major from top 10 US university
Post-College Work Experience:
2 yrs rotational development program at top-tier fund manager (think Fidelity or similar)
3 years at same company as a buy-side execution trader
ECs: decent to slightly lacking
Any thoughts are much appreciated !