A man named Josh Kaufman has compiled a list of 40 books, that if you read them all, would give you roughly the same education as if you had gone to business school to get your MBA. He calls it the Personal MBA Program, and by visiting www.personalMBA.com you can discuss the books on the list as well as many other topics. It's this part that simulates the interactivity of a traditional MBA program.
So, if you are interested in an MBA program for the educational aspect, and not for the resume-padding aspect, this might be a cool project to take on. Or, if you've been illegitimately listing an MBA on your resume and are worried that you might be exposed as a fraud, this project may at least help you seem like you know what you're talking about!