No. The problem is, that if you want to use bankroll management, then you need to be almost rolled for the target tournament. So if for instance your bankroll is $550, then maybe at most you can play some satellites for $7.5 or $8.8 MTTs, which will typically be $1.1 or $2.2 games. So rather than bying directly into $5.5 MTTs, you are now playing $1.1 or $2.2 satellites, which is not an effective use of your time, unless they are exceptionally soft and/or run with a big overlay.
If on the other hand you play $5.5 satellites to $33 MTTs, then you are not using bankroll management, and therefore per definition you can not built a bankroll. And you are probably also not skilled enough to beat $33 MTTs. So what you are actually doing is not bankroll building but just having some fun and hoping to get lucky.