Can a "personal MBA" match the Real McCoy?

Do you really need to spend upwards of $80,000 in tuition and take two years off to become senior management material? The supporters of an alternative method, the Personal MBA (PMBA), say no, and it's an idea that's developing some traction.

According to the advocates of the Personal MBA, all you have to do to measure up to the pricey MBAs turned out by B-schools is to keep gaining work experience, read a series of books at your leisure, and talk about them with an online community.

Herez the complete article.

Here is the list of books that ha been suggested at Josh Kaufman's site on Personal MBA:
-Mastery by George Leonard (B&N)
-Now, Discover Your Strengths by Marcus Buckingham & Donald O. Clifton (B&N)
-Getting Things Done by David Allen (B&N)
-The 7 Habits of Highly Effective People by Stephen Covey (B&N)
-What the CEO Wants You to Know by Ram Charan (B&N)
-Profitable Growth Is Everyone's Business by Ram Charan (B&N)
-On Competition by Michael Porter (B&N)
-Blue Ocean Strategy by W. Chan Kim, Renée Mauborgne (B&N)
-Seeing What's Next by Clayton M. Christensen, Erik A. Roth, Scott D. Anthony (B&N)
-The Essential Drucker by Peter Drucker (B&N)
-First, Break All the Rules by Marcus Buckingham & Curt Coffman (B&N)
-The One Thing You Need to Know by Marcus Buckingham (B&N)
-The Essays of Warren Buffett by Warren Buffett & Lawrence Cunningham (B&N)
-Poor Charlie's Almanack by Charlie Munger
-The McGraw-Hill 36-Hour Course in Finance for Nonfinancial Managers by Robert A. Cooke (B&N)
-Essentials of Accounting by Robert Newton Anthony and Leslie K. Pearlman (B&N)
-The Goal: A Process of Ongoing Improvement by Eliyahu Goldratt & Jeff Cox (B&N)
-Lean Thinking by James Womack & Daniel Jones (B&N)
-The Substance of Style by Virginia Postrel (B&N)
-The Design of Everyday Things by Donald A. Norman (B&N)
-Economics in One Lesson by Henry Hazlitt (B&N)
-The Marketing Playbook by John Zagula & Richard Tong (B&N)
-Purple Cow by Seth Godin (B&N)
-Free Prize Inside by Seth Godin (B&N)
-The Art of the Start by Guy Kawasaki (B&N)
-The Bootstrapper's Bible by Seth Godin
-Crucial Conversations by Kerry Patterson, Joseph Grenny, Ron McMillan, and Al Switzler (B&N)
-On Writing Well by William Zinsser (B&N)
-How To Win Friends and Influence People by Dale Carnegie (B&N)
-Influence by Robert B. Cialdini (B&N)
-The Little Red Book of Selling by Jeffrey Gitomer (B&N)
-Flawless Consulting by Peter Block (B&N)
-Real Estate Principles for the New Economy by Norman Miller & David Geltner (B&N)
-Getting To Yes by Fisher, Ury, and Patton (B&N)
-Principles of Statistics by M.G. Bulmer (B&N)
-A Primer on Business Ethics by Tibor Machan & James Chesher (B&N)
-Brand New by Nancy F. Koehn
-American Business, 1920-2000 by Thomas K. McCraw, John H. Franklin, and A. S. Eisenstadt (B&N)
-The Little Book of Business Wisdom by Peter Krass (Editor) (B&N)
-Re-imagine by Tom Peters (B&N)
-The Art of Project Management by Scott Berkun (B&N)
-The 80/20 Principle by Richard Koch (B&N)