Yes, the MBA offers great networking opportunities, because people can meet and mingle with each other while they are earning their MBA. Those who are earning an MBA are part of an exclusive club. Just having an MBA opens are person up to networking opportunities. An MBA is training for the entire business world, not just bookkeeping.
If you are going to be in the business world, getting an MBA is absolute necessity. This is especially true when it comes to networking. An MBA provides tons of networking opportunities because almost all of your fellow students, and even professors, will be in the business world as well.