Pros
I cannot mention any pros for Cognizant Australia. I guess it's ok if your only goal is to be a manual tester.
Cons
The graduate program was 'sold' to the graduates, it did not meet anyone's expectations. There actually was no formal graduate program. - Training was cancelled. - New graduates immediately placed into manual testing roles which did not align with the job description. - The manager did not want to spend any time with the graduates so we were instructed to learn the software ourselves and then join a manual testing team. - Zero prospects to do anything except manually click through websites. - Graduates worry about applying for other jobs because they cannot say that they learn't or achieved anything during their time at Cognizant. I would highly recommend graduates do not go to Cognizant. At least ask what the graduates from previous years are doing.