Hi,
I have been taking GMAT for last one year, in my most recent attempt I scored 520, which also happens to be my best score at GMAT so far. I do not intend to take the test anymore.
I have around 2years + of work experience in an IT company in india.
I have Ielts score of 6.5 bands.

I wanted to know what all universities, do I have any scope of applying to ?
I am interested in going to Canada but USA is fine too.

Could you please tell me the list of universities I can apply to and what would be best for me?

Try this: Shortcut to find the best US MBA www.find-mba.com/board/36065

Frankly, you're probably a hard sell at most accredited business schools. Here's the thing: your GMAT is lower than the average at even the lowest tier schools, like St. Thomas in Minneapolis and Northern Arizona University. That might be fine if you had more work experience than the average student, but with two years that's really the bare minimum. For Canadian schools, it's pretty similar, Ryerson's average GMAT is in the 615 range, and that's not even a ranked school.

I suggest trying to get your GMAT up to 600 or so, or barring that getting a couple more years of work experience.