Pros
It looks good on your CV. You'll learn what NOT to do in business
Cons
An organisation that employs people for attitude without any real concern for aptitude or skillset. Young, mainly middle class graduates employed because of their class and the ability to impress by talking a good game. Systems and processes rolled out that are not fit for purpose. I watched as the organisation stumbled from disaster to disaster because they're constantly trying to reinvent the wheel rather than employ expertise. Staff I employed not paid for months (5 in one case), with ko one seeming to care. Support departments who are totally incompetent, usually adding to problems rather than solving them. The workload for managemt is ridiculous. Everything that's thrown at you is over communicated and ridiculously complex. You'll need to be an expert in everything from HR to budget management becausethe expectations are that you do things that in any normal company would have dedicated departments at a national level. They need to learn from other organisations. The person on here who mentioned ivory towers is spot on.