Pros
The nice thing about BLP was the the amount of capital they invested into recent college grads to enhance technical skills for certain areas (I.e financial modeling courses, coding courses, sales force trainings.) In addition, you did have high more exposure to senior leaders, but at the end of the day that access didn’t really add that much additional take way value to the program. Yes, the CFO or CCO knew who you were, but that didn’t necessarily help you on program. Could be extremely beneficial if you stay at SYF for a long period of time.
Cons
BLPs toward the end of the program aren’t paid fairly or based truly on Merit/ level of work/ responsibility post program. As someone who went through the program and received the highest merit rankings, the difference between you and an average performing BLP is just a few hundred dollars in total pay at the end. Doesn’t incentivize a BLP to stay. The program management also lacks transparency and often waits until last minute to explain very important details that affect you in a big way ( I.e. they tell you a month before you move across the country when they’ve known for the last 3 that you’re doing it.... just to be fair to everyone in program rather than rational). This lack of urgency is very frustrating when trying to find housing for each rotation. Finally, industry isn’t the most appealing outside of the IT function.