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I feel like that might be really difficult to explain without making it sound like you’re creating excuses. If you do decide to explain the reason make sure you can do it in a way that shows you learned and grew. have ppl read it to make sure it doesn’t come across like you’re making excuses. That being said Stanford, LBS, Berkeley and Booth will be hard (shoot your shot but be mentally ready for not getting in). 720 is average for those schools so it doesn’t offset low GPA when compared to other applicants. UCLA is a good target. Focus on getting incredible ECs/work experience and another (extreme) option is to go for a masters degree and show you can get a high GPA and then apply to those schools.
Does your GMAT compensate?
My gmat is a 720, so not sure if that’s good enough to compensate for that low of a GPA
KPMG 1 is on the money re schools and your GPA. 2.x GPA is not impossible to compensate for, but you will need to have something that makes someone in admissions want to fight for you.
The GMAT has very little marginal value beyond the low 700s. Unless you are realistically able to get to 780+ territory, don’t sweat it beyond there.
What sets you apart comes from you as a person. Your story, your mission, your personality. A lot of people act like high-performing robots during the admissions process. Be a human being and you’re doing better than most.