Sure there is. That's how I have mine set up.
Settings>Playback Settings>Auto Change Directory> set to Random. That's the easy part.
It won't work though until you run the random_folder_advance_config app in the Plugins>Applications folder. This app is a bit finicky, but you can probably figure it out. One thing to know is that it wasn't developed with the android file system. It may or may not have been fixed since I reported the problem a while ago. If you run it and it starts cataloging thousands of files, basically taking forever, then it hasn't been fixed, and needs a little hacking - report back here if you run into this and I can help you out. Basically you just need to use the app to make a list of the available folders, assuming you've got your albums arranged into folders. And you can edit the list to not play specific folders if you want, which can be handy.