One does not normally associate education with business, but in order for a school to provide the best possible service to its students, it must be run effectively just as if it were a large-scale corporation. To that end, those with an MBA in education are often called in to help streamline the operations of various academic institutions.
In essence, this degree trains you how to help schools and universities economize on their resources and facilities. Using the skills that one learns through this program (accounting, budgeting, financial planning, investing, developing, etc.), you can help academic institutions grow for the future, thus, providing even more opportunities for students down the road.
Typically, those who graduate with an MBA in education work closely with schools, fund-raising organizations, alumni groups, and government organizations to help schools and universities meet their academic goals while still staying under budget. It is extremely detail oriented work, but there is plenty of room for career growth given that more and more students are attending college every year.