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?