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Question. I am considering going back to school to get my MBA (I have a Bachelor's in Electrical Engineering) and I would like to start in Fall of 2016. If I take my GMAT's this May, I should have enough time to complete applications by this Fall right?
Yup you'll be fine. Make sure you put in the work while studying so you can get it out of the way. I just got accepted to multiple top 10 mba programs, and one thing that helped me was being able to focus solely on my applications. I have a bunch of friends that had to study while doing their apps, and it made their lives much more difficult.