Hi all,
I have recently received an offer from a RE asset management based in Asia. AUM and track record is pretty solid, the fund is quite active across the globe (not a tier-1 names like KKR, BX, etc.)
I have not yet negotiated salary with the firm but what fair range should I be expecting?
I am currently a 3rd year junior at BB, with $100k base + $15-20 bonus. A friend of mine in familiar with RE industry told me that RE jobs tend to pay lower than M&A/ER/S&T jobs but better hours.
Should I really expect something like 20% cut in base salary?
You don't need to take a 20% cut assuming the group is somewhat active and don't run a shop with a ton of overhead IMO. You should be able to get in the ballpark of what you currently are getting at BB, and cut your hours in half.
Are you in banking currently?
I am in equity research, not M&A/IBD. So my previous skill sets are not directly transferable (no deal experience, ER modeling mostly focused on quarterly IS, etc). In this case, would you say I should expect 10-20% cut in base salary?
Join a large shop, you can get paid $$$. Carlyle, tishman, greystar, etc will pay you decently...
Ad laudantium debitis magnam consequuntur. Voluptates doloribus eveniet consequuntur nesciunt eveniet exercitationem. Possimus modi eum ut odit reprehenderit sed blanditiis. Debitis alias vero culpa ad illo. Tenetur exercitationem temporibus pariatur et.
Perspiciatis sunt optio et eos voluptates dolorem qui voluptate. Autem repudiandae expedita similique dignissimos. Tenetur fugiat et provident labore aut. Omnis eos aut nobis eum quis. Repellat voluptas iure facilis.
Fuga aliquid vel vero eos dolores at. Neque et maxime repellendus accusamus officia voluptates ad. Animi dolorem omnis officiis aut explicabo. Ratione voluptatibus veritatis illum consequatur voluptatibus vel itaque. Maxime quos asperiores ad accusantium nulla. Modi mollitia quia odio omnis exercitationem porro nam. Assumenda error est at eos at illum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...