A lot of responsibility and trust given to interns. Many things to be learned and people willing to teach you them. Tangible evidence of your work product.
Long hours sometimes filled with tedious work. Little flexibility and moments notice work.
Advice to Potential Interns
The restructuring group at Blackstone gives interns a much greater level of responsibility then most other companies in the industry. The culture in the group is better than most similar places and face time is less emphasized. Job opportunities post two year analyst stint are among the best and the pay is higher than the street average. Work is also more interesting than most vanilla banking jobs.
Advice to Management
Try to somehow disincentivize upper level employees from creating busy work for lower level employees.