Pros
- You can internally move to another team, and the entire company encourages to do so. - You work in a big banking player.
Cons
- If you work in Tech, you'll note there's a huge gap between your salary and Business. I worked in the company several years, and it's common to see 3x / 4x bigger bonuses on the Business side. - The promotion process is completely broken. If you start in one of the programs focused on getting newly graduates to the firm, it will take you 2 years to advance to 601 (Associate), even to 602 (senior Associate) if you have a good performance. However, Getting to 603 is incredibly hard. You need to get very important sponsors (ED, MD level) and they need to build your case in a very good way. You can find 602s coming out from college with 2 years of experience, but also people with 10-15 years experience, waiting to get a promotion. I've been in teams where the common word was "it's normal not to get the promotion the first year you postulate for it".