Pros
The pro I would say is that if you're an international student you can get you OBT extended. Secondly, they provide networking event.
Cons
I can go on for pages here but the main points are. First, there no financial modeling involved in this internship. All you get to do is general office tasks and the main reason for hiring interns is to work as assistants to the MD who provides recruiting services to executive to work with PE firms and to do industry and company research. Secondly, there a huge waste of time in the office as there is only one associate who behavior is very unprofessional and doesn't follow up on tasks or give any guidance because I believe he lacks the right experience in this industry. How can expect someone to teach you something he is not immersed into himself?. Lastly, just don't waste your time at BMP unless you're an international students and need any type of experience or OBT status.