There was a new post on the business pundit blog that talks about a PMBA or Personal MBA. What I think is good about this program is that it gets people to start thinking about their network and working at making connections with people. It also helps to get the "lingo" down in a more natural way. That is great for all people.
What the program lacks though, is an officialness. There is no degree. There is no accredited program.
So if you are looking for that MBA, by all means get that MBA. If you just want a way to improve your interactions and knowledge in business and maybe work towards that MBA later, by all means, work for that PMBA.