Recently received an offer with Apple to be a product manager. I have about 3 years of experience as a product manager outside of tech, 1 year as PM in tech. Currently an MBA student at M7 and was offered L3, 132k, 95,000 RSUs vested over 4 years, with refresher each year around 40,000, 401k match at 3% growing to 6%. Currently full time student now, so no other offer to leverage, but this came in about 25-35k lower than what I was expecting. Am I being low balled? Tier 2 city.

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I'm in a similar position as you, OP - But my offer is at Google.

It depends on what you're calling a tier 2 city.
If you're referring to a place like Chicago (in which case SF and NYC would be tier 1), then you might be able to increase your offer a bit (not a lot).
But if you're referring to, say, Austin, then you're probably right on target (or maybe even above it).
Just as a comparison, if you were at Google, an additional $35k would put you at the highest comp they offer in SF/NYC.

Either way, I don't think you're being low-balled, but you can probably get a bit more if you are able to get a competing offer.

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I think this is a pretty solid offer, what city is the offer for?

That does seem a bit low. I'd try negotiate for more. Worst they can say is no. Congrats on the offer, BTW!

That sound's pretty sweet for a Tier 2 city imo

Congrats, especially if you're only in school! Did you have a convo on salary going into the offer?

Congratulations on your offer!

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