The program will allow you to rotate among the different teams within your stream. To the best of my knowledge, there is no international rotation during the course of the 1 year. There is however considerable mobility to be deployed in a permanent position outside your home country upon the completion of your program me.

The quality of the program is probably so-so in terms of academic rigor - you'll get to do 1 or 2 academic sessions over the year (prob in HK/KL/SG or Shanghai). You'll get to learn about the fundamental basics of the main banking products but the intellectual rigor will probably not be comparable to say an analyst training program in a large investment bank for instance. You will however, be graded and given a ranking out of your cohort which in the absence of any differentiating factor between you and your fellow IG when the crunch comes to competing for jobs, it will count.

Remuneration probably starts out the same across all streams, but your longer term earning potential diverges after your deployment. I'm guessing Coverage & Corp Fin (IBD+Corp Banking) will probably provide the highest remuneration potential followed by FM / TB. Consumer Banking, GTO will probably tend to pay lower by virtue of the nature of the business.

If you have absolutely no clue about what you want to do, ambivalent about banking / no finance background, this can probably get your foot into banking and let yourself figure out what you actually want to do after moving around. If you one of those who specifically know what exactly what role in banking that you want to pursue, say IBD etc, then you are probably better off applying to a bank with a tailored analyst training program which puts you in one entire team (the permanent team that you work with) right from the start.

The most comparable program would probably be that of the Citi Global MA program, which in my subjective (possibly incorrect) opinion, is more prestigious simply on the basis of where the alumni end up - Citi is possibly more generous when it comes to promoting its own trainees and some do actually make it to the highest echelons of their chosen fields within the bank. SC IG program however, i don't think there are many leaders within the organization who were ex-IGs since the bank generally hires laterally.