Pros
If you're looking for a place to start in the financial industry, this is a good place as you can start at the bottom and work really hard to find your way up. Their analyst program seems to be pretty good.
Cons
Their analyst program works well because they're hiring newly graduated college students. This way they can train their employees to learn the way it should be from the beginning. They'll have no other experience to compare so they won't know how bad the work environment can be. They prefer to produce with lean resources to make sure that Larry Fink will get his several million dollary salary and bonuses. Senior management only talks amongst themselves and then perhaps they'll take some feedback from the "subordinates" they favor most. Even if you do get promoted, there is no guarantee there is a raise because that will take away from the senior managements pay raise and bonuses.