$80K, 4yrs, Boston, Industry research? investor, industry, research, like

edgeon

have searched on glassdoor, salary.com etc...just wanted the opinion from here:

A friend of mine has been offered $80K+ for an industry research position (preparing reports on financial markets in general - like McKinsey etc do) for a large institutional investor.
He has around 3+ years exp (in similar research oriented roles for financial markets), masters from a nondescript school, and level 2 cleared.

is it a fair deal? glassdoor etc give a very broad range of 70K-150K. wondering if he has scope for bargaining?