Do I need to have a Power BI license to accept the Entra ID invitation to the EMBA Dashboard Directory?

I don't have a Power BI license yet as I am working out the details with my institution. Do I need the Power BI license already installed in order to accept the invitation? 

You do not need the Power BI license to accept the Entra ID invitation to the EMBAC Dashboard Directory (the first step in the onboarding process).

However, you will need at least a Power BI Pro license to view the dashboard. Please reference this support article: How do I secure a Power BI license?

In the interim, you can secure a 30-day trial license from Microsoft.