NOT AT ALL.
Sorry for the capitol letters, but I felt like I needed to stress my point in a very direct manner. As someone who has both failed and succeeded in business I can say that a 2 year degree in business will not give you enough knowledge to start your own record label. Now this isn't to say you may have a more clear understanding of the process of starting your business, but there is a monumental amount of knowledge that is only taught by actively participating in the market place.
If I in your position and starting a business for the first time, I would search out the following resources:
SCORE
www.score.org A non-profit group of retired executives who lend their time and knowledge to budding small business owners and entrepreneurs.
Brian Tracy
http://www.briantracy.com The information he provides is excellent and I highly recommend purchasing courses or books from him. I have heard him speak at The Wealth Building Annex in Tampa Florida and he provided me with some of the best information I have ever received.
Also I would highly recommend the following books to get into the entrepreneurial/small business mindset
Think and Grow Rich by Napoleon Hill (anything by him is gold but this is the best)
The Millionaire Next Door
The Millionaire Mindset
The Richest Man in Babylon
The 4-Hour Work Week by Tim Ferriss
Also I would work in the industry for at least 4 years if you're not going to go get an MBA. In the end the best thing that you could probably do for both your future and the future of your record company is to go for a full 4 year degree in business and obtain internships at major record labels, paid positions at independent record labels and go for an MBA.
I really hope your aspirations come true. If you put in the work, dedication and passion, it will.
I hope this gives you some positive ideas and direction.