A lot of this depends on how high-quality you are as a candidate. On average, someone with the background you describe would not be selected for the Wharton MBA next year either. I don't think you quite appreciate that the candidates that Wharton turns down are also very high quality. It's a great pool for the top universities.
PS A ridiculous comparison, but I am at the University of Edinburgh. It's one of the oldest, richest and most prestigious universities in Europe and we get more than our fair share of applicants because the city is beautiful and booming. We have eight applicants for every masters' seat, and the excellent applicants we reject go to Imperial, the LSE, Warwick... it's very frustrating, but we have to control the tempo at which we outgrow building. We are not separating wheat from chaff.
[Edited by Duncan on Sep 25, 2019]
A lot of this depends on how high-quality you are as a candidate. On average, someone with the background you describe would not be selected for the Wharton MBA next year either. I don't think you quite appreciate that the candidates that Wharton turns down are also very high quality. It's a great pool for the top universities.
PS A ridiculous comparison, but I am at the University of Edinburgh. It's one of the oldest, richest and most prestigious universities in Europe and we get more than our fair share of applicants because the city is beautiful and booming. We have eight applicants for every masters' seat, and the excellent applicants we reject go to Imperial, the LSE, Warwick... it's very frustrating, but we have to control the tempo at which we outgrow building. We are not separating wheat from chaff.