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Based on the most helpful WSO content, the compensation for REIB at a BB can vary, but it's generally competitive with other groups. The average compensation for various positions in Investment Banking as of September 2023 is as follows:
Remember, these are averages and actual compensation can vary based on a variety of factors including performance, the specific group you're in, and the overall performance of the bank. It's also important to note that while the hours might be the same, the nature of the work and the skills you develop can be quite different in REIB compared to other groups.
Sources: BB REIB (Companies) vs Brokerage REIB (Properties), Other than BBs, what are the best real estate Investment Banking groups, BAML IB Groups (NYC)
Same comp as other groups at BBs. Bonus is obviously group dependent but that has to do more with the revenue that the group brings in vs the sector
Can anyone else answer if the hours are similar as well?
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