Pros
It is great for a first job as you are exposed to different fields of work and quickly learn how things work and get client exposure. For somebody who wants to start in finances you can learn a lot and then move on. Also the work enviroment is nice, the teams mostly work well together, you go out in the evenings and the athmosphere is friendly.
Cons
The salary is quite bad considering the industry and what Bloombergs competitors pay. Managers are often incompetent, too young and obviously never received any kind of management training. Therefore (salary) reviews and promotions are based on managers preferences and not on your actual performance. There seems to be a huge divide between people that have been hired in the last 5 years and those that have been there longer. The senior staff seems to be paid well which results from the much better salary levels they had under Mike Bloomberg (or so they say) and then there are the younger ones, many of those leave the company after less than 2 years...