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Anyone who has an MBA will tell you that the least valuable thing about the experience is the book learning.

Just like there is an opportunity cost of getting a real MBA there is an opportunity cost of reading all of these books.

Some of them seem interesting like The Innovator's Dilemma, I Moved Your Cheese, etc. Not a huge opportunity cost to read those.
excellent recommendation. Just to be clear, I agree the opportunity cost of book reading.

But those who cant cannot afford the time and money, Doesn't it seems to be a much lower opportunity cost.

Seems like the biggest value from top tier MBA programs is the peer/alumni network. Coursework is very much a second-class citizen to networking (at least in the programs my friends have attended).

Edit: Not to disparage the post, which does seem like a good list of business books.