This is interesting, and I can't give you a clear cut answer - rather relate some experience from undergraduate b-school.
I think the material will be interesting for you, especially if you're from purely an IT background.
If your goal is to advance your career, I would say it would be a good investment. However, if your plan is to launch your own business.. then I am more hesitant. With entrepreneurship, I really think the value is in face to face trial and error that you get in b-school. Its a place where you can fail and no one will judge you (harshly). You present in front of a class, peers, investors - you see their reactions and re-calibrate. You then build a network and sprinkle in some classes. I would say that this portion of the experience you won't have.
That 700.. I can taste it