The program for MBA's is very disjointed and offers little ongoing support compared to other rotational programs.
Pros
There is opportunity to work in many functional and service areas throughout the organization. IF you get a good manager during your rotation it can be a positive experience. There is great work life balance but often it's because they don't know what to do with you and you're idle.
Cons
The people running the LDP program offer minimal support and delegate running the ongoing development aspects of program to the LDP's. The fact that you trust the LDP program staff to place you in rotations during the first two years is scary since they weren't able to ensure I was getting paid properly (late or in some cases not at all) or even insure I got the basic office equipment to stock my desk (mouse, laptop docking station, monitor, pens, etc.). I was an intern, thought they'd be trying harder to support me and sell me on the organization. For the summer picnic for interns, we were expected to provide all of the food, supplies, etc.. None of my MBA intern colleagues accepted their fulltime offers and they didn't seem surprised.