Accounting & Finance

Banking, Finance & Investment are Top Jobs in Demand in Malaysia with High Salaries

Banking, Finance & Investment Careers in Malaysia are High in Demand with Top Salaries

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In today’s ever-changing world, finance graduates are highly sought-after in a cross-section of industries which each offer a variety of job opportunities. Therefore, having a finance qualification can lead to a rewarding career. A fast-track career in finance depends on a good understanding of market movements and the diverse investment market.

There are many areas in the banking and finance sector in Malaysia where each sub-sector requiring specific knowledge and skills. The key in succeeding in the banking & finance industry is choosing the right specialisation, and ensuring you find a career path that best match your abilities and interests.

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Excellent Career Prospects in Banking & Finance for Malaysian Graduates from Top Private Universities

A Career in Corporate Finance in Malaysia

Corporate finance practitioners are interested in the management of funding, whether debt or equity. Positions exist on both the corporate side (big companies more so than small start-ups) and also on the financial advisory side, including Mergers & Acquisitions (M&A) specialists.

Roles include financial analysts who look at the well-being of the company from a market perspective, and treasury functions that focus more on cash management and internal financial issues.

Mergers & Acquisitions (M&A) specialists need a wide range of skills that includes financial analysis and strong interpersonal skills, as well as jurisdictional and regional tax and legal knowledge that may affect deal-making.

A Career in Commercial Banking in Malaysia

Commercial banking offers many opportunities because of the wide scope of its operations – from front-end client facing work, to credit management and operations. To succeed in the commercial banking environment is to know your products.

Commercial banks in Malaysia place a strong emphasis on demanding management training programmes. The biggest challenge in commercial banking is to remain hungry for success. You cannot get comfortable, you need to outperform others to get noticed.

 

Salaries for Finance, Banking and Investment Professionals in Malaysia according to Robert Walters Salary Survey

PERMANENT SALARY PER YEAR FOR 2015 IN MYR (RM)
ROLE
4 – 7 Years Exp 8 – 12 Years Exp 12+ Years Exp
Global Markets
Treasury Sales 72 – 192k 192 – 360k 360k+
Treasury Trader 72 – 180k 180 – 264k 264k+
Investment Banking
Corporate Finance 72 – 144k 144 – 264k 264k
Debt/Equity Capital Markets 72 – 144k 144 – 264k 264k
Investment Management
Private Equity 96 – 240k 240 – 360k 360k+
Fund Manager 84 – 180k 180 – 300k 300k+
Research Analyst 84 – 180k 180 – 300k 300k+
Retail Banking
Retail Sales and Distribution 66 – 90k 90 – 192k 192k+
Retail Products 48 – 96k 96 – 240k 240k+
Transaction Banking
Cash Management 54 – 96k 96 – 240k 240k+
Trade Finance 54 – 96k 96 – 240k 240k+
Wealth Management
Wealth Management Products 60 – 96k 96 – 240k 240k+
Premier/Priority Banking (RM) 60 – 96k 96 – 180k 180k+
Wholesale Banking
Commercial Banking (RM) 54 – 102k 102 – 180k 180k+
Corporate Banking (RM) 54 – 114k 114 – 240k 240k+
Years of Exp Min Max
Relationship Manager 8 years 8,000 15,000
Business Intelligence Manager 8 years 8,000 15,000
Investment Analyst 5 to 10 8,000 19,000
Product Development Head 5 to 10 8,000 18,000
Shariah Head 5 to 10 8,000 21,000
Head Credit Risk 8 years 8,000 18,000
Head Sales 8 years 8,000 15,000
Head Merchant 10 years 8,000 18,000
Senior Manager – Compliance 5 years 9,000 15,000
Branch Manager 5 to 6 5,500 12,000
Compliance Manager 4 to 5 6,500 9,500
Risk Management Manager 4 to 7 6,500 9,500
Fund Accountant Manager 3 to 7 5,500 9,000
Relationship Manager 3 to 5 4,000 7,500
Compliance Officer 4 to 5 3,500 7,000
Assistant Branch Manager 1 to 3 4,000 6,500
Credit Manager 1 to 3 3,500 6,000
Treasury Officer 4 to 5 3,500 6,500
Corporate Recovery Executive 4 to 5 3,000 5,500
Credit Analyst 4 to 5 3,500 7,500
Internal Auditor 2 to 3 2,500 3,500
Personal Financial Consultant 1 to 3 2,800 4,500

Salary Range Per Month for Jobs In the Banking Industry in Malaysia according to Kelly Services Salary Report 2014/2015

  • Relationship Manager with qualification in Degree/Professional Degree/Masters 8 years experience from RM8,000 to RM15,000
  • Business Intelligence Manager with qualification in Degree/Masters 8years experience from RM8,000 to RM15,000
  • Investment Analyst with qualification in Degree/Professional 5-10years experience from RM8,000 to RM19,000
  • Product Development Head with qualification in Degree/Masters 5-10 years experience from RM8,000 to RM18,000
  • Shariah Head with qualification in Degree/Masters 5-10 years experience from RM8,000 to RM21,000
  • Head Credit Risk with qualification in Degree 8 years experience from RM8,000 to RM18,000
  • Head Sales with qualification in Diploma/Degree/Professional Degree/Masters 8 years experience from RM8,000 to RM15,000
  • Head Merchant with qualification in Diploma/Degree/Professional Degree/Masters 10years experience from RM8,000 to RM18,000
  • Senior Manager – Compliance with qualification in Degree 5years experience from RM9,000 to RM15,000
  • Branch Manager with qualification in Degree 5-6years experience from RM5,500 to RM12,000
  • Compliance Manager with qualification in Degree 4-5years experience from RM6,500 to RM9,500
  • Risk Management Manager with qualification in Degree 4-7years experience from RM6,500 to RM9,500
  • Fund Accountant Manager with qualification in Degree 3-7years experience from RM5,500 to RM9,000
  • Relationship Manager with qualification in Degree 3-5 years experience from RM4,000 to RM7,500
  • Compliance Officer with qualification in Degree 4-5 years experience from RM3,500 to RM7,000
  • Assistant Branch Manager with qualification in Degree 1-3 years experience from RM4,000 to RM6,500
  • Credit Manager with qualification in Degree 1-3 years experience from RM3,500 to RM6,000
  • Treasury Officer with qualification in Degree 4-5 years experience from RM3,500 to RM6,500
  • Corporate Recovery Executive with qualification in Degree 4-5 years experience from RM3,000 to RM5,500
  • Credit Analyst with qualification in Degree 4-5 years experience from RM3,500 to RM7,500
  • Internal Auditor with qualification in Degree 2-3 years experience from RM2,500 to RM3,500
  • Personal Financial Consultant with qualification in Degree 1-3 years experience from RM2,800 to RM4,500
  • Sales Officer/Executivewith qualification in Diploma/Degree 0-1years experience from RM2,300 to RM4,500
  • Credit & Loans Officer with qualification in Diploma/Degree 1-3 years experience from RM2,300 to RM3,500
  • Management Trainee with qualification in Diploma/Degree 0-1 years experience from RM2,500 to RM3,200
  • Bank Clerk with qualification in SPM/STPM 0-1 years experience from RM1,500 to RM2,000
  • Bank Teller with qualification in SPM/STPM 1-3  years experience from RM1,500 to RM2,000
  • Loans Clerk with qualification in SPM/STPM 1-3 years experience from RM1,500 to RM2,000

Salary Range Per Month for Jobs In Finance in Malaysia according to Kelly Services Salary Report 2014/2015

  • Finance Manager with qualification in Degree 6-7 years experience from RM8,500 to RM13,000
  • Finance and Administrative Manager with qualification in Post Graduate Diploma/Degree/Professional Degree/Masters 5 years experience from RM8,000 to RM10,500
  • Internal Audit Manager with qualification in Degree 5 years experience from RM10,000 to RM14,000
  • Finance Manager – Investment with qualification in Degree 5-7 years experience from RM8,000 to RM12,000
  • Senior Accountant with qualification in Diploma/Degree/ACCA/CIMA/ MACPA/CPA 6-7  years experience from RM8,000 to RM12,000
  • Senior Auditor with qualification in Degree/Professional Certificate 4-5 years experience from RM7,000 to RM9,000
  • Accountant with qualification in Degree/Professional Certificate 2-3 years experience from RM6,000 to RM8,000
  • Claims Manager with qualification in Diploma/Degree 4-5 years experience from RM5,500 to RM7,500
  • Credit Control Manager with qualification in Diploma/Degree 4-6 years experience from RM5,500 to RM7,500
  • Accounts Payable Manager with qualification in Degree 3-4 years experience from RM5,000 to RM7,000
  • Cost Accountant with qualification in Diploma/Degree/ACCA/CIMA/ MACPA/CPA 3-4  years experience from RM4,500 to RM7,000
  • Financial Analyst with qualification in Degree 3-4 years experience from RM6,000 to RM7,500
  • Finance Executive with qualification in LCCI Higher/Diploma/Professional Certificate 2-4 years experience from RM3,500 to RM5,000
  • Team Leader – Accounts with qualification in Diploma/Degree 3-4 years experience from RM4,000 to RM6,500
  • Auditor with qualification in Degree/Professional Certificate 2-3 years experience from RM3,500 to RM6,000
  • Senior Accounts Executive with qualification in LCCI Higher/Diploma/Professional Certificate 2-4 years experience from RM3,500 to RM6,000
  • Accounts Executive with qualification in LCCI Intermediate /Diploma/Professional Certificate 1-3 years experience from RM3,000 to RM4,500
  • Underwriting Officer with qualification in Diploma/Degree 1-3 years experience from RM2,800 to RM4,000
  • Accounts Specialist (AP/AR)  with qualification in Diploma/Degree 1-2 years experience from RM2,500 to RM4,000
  • Fund Accounting Executive with qualification in Diploma/Degree 0-2 years experience from RM2,500 to RM3,500
  • Credit Control Officer with qualification in Diploma/Degree 2-4 years experience from RM2,800 to RM4,500
  • Claims Officer with qualification in Diploma/Degree 1-3 years experience from RM2,500 to RM4,000
  • Payroll Officer with qualification in SPM/LCCI 1-2 years experience from RM2,500 to RM3,200
  • Audit Assistant with qualification in Diploma/Degree 0-1 years experience from RM2,500 to RM3,000
  • Accounts Assistant/Accounts Clerk with qualification in SPM/Certificate/Diploma 1-2 years experience from RM2,000 to RM2,800
  • Credit Control Assistant with qualification in Diploma/Degree 1-2 years experience from RM2,000 to RM2,800

A Career in Investment banking in Malaysia

While some agents were pushing me to go for universities, EduSpiral took time to share information and take me and my friends for campus tours to help us make a better decision. Paul Kit, Finance at UCSI University

While some agents were pushing me to go for universities, EduSpiral took time to share information and take me and my friends for campus tours to help us make a better decision.
Paul Kit, Finance at UCSI University

The career in investment banking in Malaysia offers the most glamorous and lucrative career paths, but at a very high and

intense price. Investment Banks are concerned with large-scale transactions involving securities – buying, selling, or exchanging of large chunks of shares between two parties, be it in willing agreements or hostile takeovers.

A career in Investment Banking is not for the faint-hearted – those who want to succeed are expected to learn, adapt and work at a fast pace.

Job roles in investment banking include trading, client management, and other work similar to those required in corporate finance.

In fact, some corporate finance practitioners see investment banking as the next step up in their career progression – doing what they’ve been doing at the company or mid-market level and extending the size, scope, and pace to the bigger market.

A Career in Islamic Finance and Banking in Malaysia

Islamic finance and banking spans the three previously discussed aspects of finance and banking – Islamic finance specialisations exist in corporate finance, commercial banking and investment banking. In essence, those practising Islamic finance and banking need all the skills of their conventional counterparts, as well as knowledge of the Islamic aspect of a transaction.

This combination of skills is highly prized due to scarcity in the market, and bankers and financial practitioners who have this specialised knowledge are able to out-earn and overtake their peers very quickly.

Outside these four big sectors, various specialised opportunities exist with private equity and venture capital firms, as well as hedge funds, financial planning, insurance, and of course, the oft-downplayed public accounting sector.

Study at the Best Private Universities & Colleges in Malaysia for Top Banking & Finance Degree Programmes

EduSpiral emphasised the importance of having good English for our future career. I am glad to join a globalised university which has helped me to improve my communication skills. Vincent Yeoh, Accounting & Finance at Asia Pacific University

EduSpiral emphasised the importance of having good English for our future career. I am glad to join a globalised university which has helped me to improve my communication skills.
Vincent Yeoh, Accounting & Finance at Asia Pacific University

There is a demand for top graduates in banking and finance in Malaysia. Salaries for banking & finance graduates in Malaysia can be very high.

In order to succeed in the competitive banking & finance industry, students must choose the best universities in Malaysia to study. Students should choose the right university that fits them which has a good reputation for accounting, banking & finance programmes, excellent facilities, top lecturers, student support services and an English-speaking student environment. Graduates from accounting programmes are able to work in the banking and finance industry therefore the degree courses are included in the listing.

Graduates from the Accounting degree programmes will gain entry into the professional level of ACCA and CPA Australia. The accounting degree course will also equip graduates to pursue further professional qualifications with CFA, CFP, CIMA, ICAEW, MIA, RFP, etc.

Banking & Finance professionals can earn very high salaries in Malaysia

Banking & Finance professionals can earn very high salaries in Malaysia

Banking and Finance graduates may go for the the professional certifications by FPAM – Financial Planning Association of Malaysia, Certified Financial Planner (CFP) or Asian Institute of Chartered Banker (AICB).

Students after SPM or O-Levels with at least 5 credits including the relevant subjects may enter a Foundation in Business or Foundation in Arts at a top private university in Malaysia for 1 year before continuing on to the 3-year banking or finance degree programme. Pre-University graduates in Malaysia from programmes such as UEC, STPM, A-Levels, SAM, CPU, AUSMAT and others may enter directly into the degree providing they meet the minimum entry requirements.

Students with at least 3 credits in SPM or O-Levels may go for the Diploma in Accounting or Diploma in Finance and then enter into Year 2 of the accounting, banking or finance degree programme.

Top Ranked UK Accounting & Banking Degree Programmes at Heriot-Watt University Malaysia

Get a top ranked UK degree in Malaysia at Heriot-Watt University Malaysia

Get a top ranked UK degree in Malaysia at Heriot-Watt University Malaysia

Students in Malaysia can now get a top ranked UK degree at Heriot-Watt University Malaysia. At the top ranked Heriot-Watt University Malaysia, you will learn how to apply business management and finance knowledge and skills to a range of different managerial, business and problem-solving situations, management decisions, compliance issues and governance. Heriot-Watt University’s Ranking in the Guardian University Guide 2016 for Accounting & Finance is 3rd in the UK.

Top Ranked Australian Degree Programmes at Curtin University Sarawak

Curtin is ranked in the top 2% of universities worldwide in the highly regarded Academic Ranking of World Universities (ARWU). In 2014, Curtin’s position increased by more than 100 places to equal 303rd in the world and equal 10th in Australia.

Curtin is ranked in the top 2% of universities worldwide in the highly regarded Academic Ranking of World Universities (ARWU). In 2014, Curtin’s position increased by more than 100 places to equal 303rd in the world and equal 10th in Australia.

Curtin is ranked in the top 2% of universities worldwide in the highly regarded Academic Ranking of World Universities (ARWU). Curtin is ranked within the top 300 universities by QS World University.

Curtin University Sarawak opened its doors in 1999 following an invitation from the Sarawak State Government to Curtin University of Technology in Perth, Western Australia, to establish its first offshore campus in Miri. Curtin University Sarawak is rated Tier 5 or Excellent in the SETARA 2013 ranking of universities in Malaysia by the Malaysian Qualifications Agency (MQA).

Curtin University Sarawak is a top ranked university in Malaysia offering a wide range of accounting, banking and finance degree programmes.

UK Dual Award Accounting & Finance Programmes at the Award-Winning Asia Pacific University

Asia Pacific University (APU) is ranked Tier 5 or "Excellent" in the SETARA 2013 rating by MQA. APU is now operating at its new iconic campus at Technology Park Malaysia, Kuala Lumpur.

Asia Pacific University (APU) is ranked Tier 5 or “Excellent” in the SETARA 2013 rating by MQA. APU is now operating at its new iconic campus at Technology Park Malaysia, Kuala Lumpur.

Students can consider top ranked Asia Pacific University where they offer various specialisations in Finance & Investments for students to choose from. Students at APU will get a degree awarded by APU as well as Staffordshire University, UK.

Asia Pacific University’s Banking and Finance Degree programmes are accredited by The Financial Accreditation Agency (FAA).  Students who specialised in Financial Planning are allowed to sit for the Module 1 and Module 4 exams for the CFP certification programme without having to attend the required 60 hours of tutorial for each module. For Module 2 and Module 3, students will be allowed to sit for the exams after just attending 40 hours of lectures per module. APU Banking and Finance Degree programmes are accredited by Asian Institute of Chartered Bankers (AICB), upon completion of the programme, students with CGPA more than 3.0 will be awarded with Executive Banker certificate.

Graduates from Asia Pacific University will receive a UK Dual Award degree from Staffordshire University. An impressive 95% of APU's graduates obtain jobs before graduation.

Graduates from Asia Pacific University will receive a UK Dual Award degree from Staffordshire University. An impressive 95% of APU’s graduates obtain jobs before graduation.

UK Dual Award Accounting & Finance Degree Programmes Top Ranked Taylor’s University Lakeside Campus 

Taylor's University is a top ranked private university in Malaysia

Taylor’s University is a top ranked private university in Malaysia

Students can get a Dual Degree awarded by Taylor’s University and the University of the West of England (UWE), UK. The quality of the undergraduate teaching and learning at Taylor’s was acknowledged when it garnered a ‘Tier 5: Excellent’ rating in the Rating System for Malaysian Higher Education (SETARA) in 2009, 2011 & 2013 by the Ministry of Higher Education Malaysia. Top Ranked Taylor’s University has won many awards in business, making is one of the best universities in Malaysia to study accounting & finance.

Accounting & Finance Degree Programmes at the Top Ranked UCSI University

UCSI University is ranked in the Top 300 Universities in Asia in 2015 by the renown QS University Rankings. UCSI University is ranked as Excellent or Tier 5 in the SETARA 2013 rating system by MQA.

UCSI University is ranked in the Top 300 Universities in Asia in 2015 by the renown QS University Rankings. UCSI University is ranked as Excellent or Tier 5 in the SETARA 2013 rating system by MQA.

For an affordable top ranked private university in Malaysia with excellent facilities, students can consider UCSI University.  UCSI University is ranked in the Top 300 Universities in Asia in 2015 by the renown QS University Rankings. UCSI University is ranked as Excellent or Tier 5 in the SETARA 2013 rating system by MQA.

With its innovative academic curriculum, UCSI University students also enjoy the unique benefits of its Co-Operative Education Training Programme (Co-Op) that enhances their employability by integrating classroom learning with workplace training in Co-Op employer organisations. Completing two months’ work experience for every study year, a UCSI University student would have six to eight months’ work experience to stand ready for full-time employment upon their graduation.

Accounting & Finance Programmes at KDU University College Utropolis Glenmarie

Top students enjoy the state-of-the-art facilities in a family-like environment at the new KDU University College Utropolis Glenmarie campus

Top students enjoy the state-of-the-art facilities in a family-like environment at the new KDU University College Utropolis Glenmarie campus

Established in 1983, KDU University College has moved to its brand new 10-acre flagship campus within the Paramount Utropolis integrated development at Glenmarie, Shah Alam. KDU University College Utropolis Glenmarie is offering its homegrown degree programmes.

Top Accounting & Finance Programmes at HELP University, HELP Academy & HELP College of Arts & Technology

HELP University's new state-of-the-art campus at Subang 2

HELP University’s new state-of-the-art campus at Subang 2

Ever since its founding in 1986 to provide affordable quality educational opportunities for Malaysians, HELP University is famous for its high quality business courses. Students can study the finance degree course at HELP University Damansara Heights or HELP University Subang 2.

HELP University has various internship and graduate training programs with many leading multinational companies including General Electric, KPMG, PWC, Ernst & Young, Deloitte and BDO Binder. Hence HELP University’s graduates are preferred employees for top companies in Malaysia.

Students after SPM or O-Levels who want a top American education in Malaysia can now study for the

HELP University's new campus at Pusat Bandar Damansara

HELP University’s new campus at Pusat Bandar Damansara

Bachelor of Science in Finance degree awarded by University of Upper Iowa (UIU), USA at HELP College of Arts & Technology. The degree is completed all in Malaysia with 1 year study experience in the USA.

The best part is that the fees would include one academic year of studies in UIU’s campus in the United States, economy airfare, and accommodation. You will be getting an American experience at a fraction of the cost to study in the USA.

EduSpiral Consultant Services- Your Personal Online Education Advisor

Established since 2009, EduSpiral Consultant Services helps provide information and counselling on courses and universities in Malaysia & Singapore

EduSpiral Consultant Services represents the best colleges and universities in Malaysia offering a wide

While some agents were pushing me to go for universities, EduSpiral took time to share information and take me and my friends for campus tours to help us make a better decision. Paul Kit, Finance at UCSI University

While some agents were pushing me to go for universities, EduSpiral took time to share information and take me and my friends for campus tours to help us make a better decision.
Paul Kit, Finance at UCSI University

range of choices for students to choose from. These colleges and universities offer value for money in the quality of education and excellent facilities that you get.

These universities and colleges are chosen by EduSpiral because they represent the best in their fields in Malaysia and affordable. EduSpiral provides in-depth information and counseling on their courses so that students are able to make the right choice.

If you are still not sure what to study, please contact us and we will send you a free EduSpiral Career Assessment Form.

Please contact us for more details.

Please fill up the form for more information. If you do not give your mobile number or full name as in IC, your query will not be answered. Please make sure you give a correct email address and check your email including the SPAM or JUNK email folder within 48 hours as we will email you the information. 

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