Pros
- Slightly above average pay compared to most jobs you'd be able to land in your early 20s. But ultimately crappy pay compared to IB. - You'll develop tough skin and the ability to work very long hours without rest. Or at least get really good at pretending you are working hard. - 401k match and solid healthcare benefits. - Good brand to have on your resume in order to land a job somewhere better.
Cons
- Uptight work environment, extremely bureaucratic and conservative. Boldness and creativity is not rewarded here. - Culture of fear - you are constantly being micro-managed and never left alone even on the weekends. Will be expected to answer emails even at 2AM. - Most analysts are afraid to take vacation or to leave the office before the sun sets even if they are finished with all their work for the day. Management will guilt-trip you into thinking you're lazy otherwise. - I am convinced this organization breeds sociopaths. You are constantly critiqued on your "perceived performance" instead of the actual contributions you are making to your team.