Pros
You can live in NYC for a year if you are lucky.
Cons
The program is essentially a scam for the few employees to take money off of your wage and make you pay for the pleasure. They will likely tell you all about their many internships across loads of industries but the truth is that they have lost most of the placements in the last few years. They just lost Citibank which was more than 75% of the 30 person program when I attended. - They have only got internships with Fevertree and some JP Morgan (which will likely end soon after the awful organization from the program.) They have about 10-15 places but won't tell you that before you pay $1000 to sign up. - The JP Morgan program is based in NJ not NY and they restrict you from accessing any career development/job opportunities. The people that worked there hated it and no one stayed on afterwards. Also the managers there are horrible and threatened to deport multiple people for requesting to attend the NY offices. You will also do nothing interesting, it is a back office role working with semi-retired 50+ year olds with no opportunities. - The "organizers" are awful people. They will not respond to any concerns and are only interested in making money off of you. People nearly got shot in our accommodation and a homeless man died in the building but they didn't even respond to emails. They will place you in a really sketchy neighbourhood that had multiple shootings and robberies while I was there.