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Many MBA's will require some real world experience anyway.
I'd be cautious about getting a specific degree like this unless it was taught at a very reputable business school. MBA's are a dime a dozen.
I'd all ask yourself if you are wanting to run a design business, which means all business and no design (which a regular MBA would work) or if you think that you want to design and run it to, which usually won't work.
Just be careful that you aren't just thinking it would bring you more money. Design and business are separate things.
Where it would be helpful is if you are starting your own business. If that's the case, then I'd think it might be worth it....if you are very young. Otherwise, 2-3 years running your biz will give you a lot more than a degree (that no one will ever care about because you are the boss).
It's a lot of money. Determine how that investment will have an ROI that makes sense.