Job Demand & Salary in Malaysia for Computer Science is High, therefore, you can Make, Save & Invest More Money
Written by EduSpiral Consultant Services. For more information contact 01111408838
Computer Science is every where now and will affect almost every part of our lives. Choosing to study computer science would be a good choice as the job demand in Malaysia and globally is high. The average starting salary for computer science is RM3000 and a manager can earn up to RM10,000! Furthermore, a Senior Manager with more than 15 years experience can earn RM20,000! With a high salary, you would be able to put more money away in savings as well as invest. Hence, be able to get rich faster. (That is if you know how to save and invest).
One of the main aim of getting a university education in Malaysia is basically to get rich. Now, that may sound greedy and unethical, but if you look deep inside, who doesn’t want to get rich? In order to get rich, you need to have a job with a high salary. And to get a job with a high salary, you need to choose a degree course that has a high job demand and salary. Therefore, you have to do your research in choosing a course that has high job demand and salary so that you can get rich!
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How, Studying Computer Science at Malaysia’s Top Private Universities can help you to earn a High Salary
The aim of tertiary education is to get a good job with high salary so that you can take care of your family and maintain the lifestyle that you want. It is the dream of most people to become rich, but while everyone is dreaming, only a few have the discipline and courage to act on those dreams to make them become a reality.
Therefore, putting in the effort now, through choosing the right course, will pay off in the long run and is the best approach to fast-tracking your wealth. Now, you may ask, how can choosing the right course make me rich?
Malaysian students are exposed to the internet and to the jobs from overseas countries such as the USA or UK. Many don’t realise that some of these courses are not in demand in Malaysia or may not command a high salary. A lot of students after SPM or O-Levels just blindly follow their friends to the university taking any course as long as they can be with their friends.
Some students choose the course based on the advise of their parents, relatives or friends. Some of their advise could be valuable but some are simply just not based on facts or evidence of good career prospects. Students must check the advise given by so called agents & counsellors, and their friends and relatives to make sure what they said is true and supported by facts and evidence.
Of course, just choosing the course doesn’t mean that you will get rich automatically. Choosing the right course is just the first step in the right direction of achieving a life with stable or high income. In addition, the university that you study that course at also plays an important part in helping you to gain the knowledge and skills to perform well in your career and earn a high income.
Choose to Study at the Best Private University in Malaysia for the BSc (Hons) in Computer Science so that you will gain the necessary knowledge and skills to succeed in your career.
It can be difficult to choose the right Computer Science degree as the title may not mean much. Students must look at the subjects offered in the degree to ensure that they are choosing the right Computer Science degree in Malaysia that fits their career goals.
Studying at the top ranking private university in Malaysia for computer science gives you a lot of opportunities in your future professional life. Top universities provide a high standard of education that equips you well for your future career. Computer Science is a rigorous course that requires a high degree of academic discipline therefore qualified and experienced lecturers are able to guide you through the syllabus and enhance your learning experience.
Furthermore, a degree earned at a reputable university in Malaysia makes seeking employment much easier whether locally or globally. Part of finding the right college or university in Malaysia for you will be picking out the criteria that matters to most to you, and then seeing if any of the top private colleges or universities in Malaysia that you’re looking at fit those criteria.
University Rankings, Awards & Achievements are indicators of the level of standard that they have achieved and these could serve as a guide for you in choosing the right university to study at.
What is the Salary for Computer Science Professionals in Malaysia?
The National Information and Communications Technology (ICT) Association of Malaysia (Pikom) expects the overall average monthly salary of ICT professionals this year to rise 5.4% to RM9,389 from RM8,908 in 2017.
The whole world is moving very fast in the area of technology and many jobs done by humans have been or will be replaced by robots and computers. Therefore, it makes sense to choose to study Information Technology, Computer Science or Software Engineering as the future potential for these careers are very good and the salaries are high and keep on increasing each year.
Research Committee chair Woon Tai Hai said among the five main categories of positions — namely fresh graduates, junior executives, senior executives, managers and senior managers — the expected rise in senior managers’ salary for 2018 is 5.9% followed by managers at 5.7%.
According to PIKOM Salary Report 2018 the average monthly starting salary for an ICT Professional in Malaysia is RM3,094 and a Senior Manager (more than 10 years of experience) commands an average of RM20,277 a month. The average monthly salary of Manager Level ICT professionals in 2017 grew by 4.9% to reach more than RM11,000.
Specialist Recruitment Firm, Michael Page, in their 2018 Salary Report states that an IT Director or Chief Information Officer (CIO) can command a salary range from RM240,000 to RM360,000 a year. When moving jobs, they are projected to have an average salary increase of 26-30%.
What is the Job Demand for Computer Science Professionals in Malaysia?
Kelly Services 2018/2019 Salary Guide
In Malaysia, IT spending in 2018 is forecast to rise 5.7% to RM65.2 billion, faster than the projected global pace of 4.5%. The increased spending will be focus on adopting business digitalisation, blockchain technology and big data to encourage learning and artificial intelligence.
The Information Technology (IT) sector had grown robustly driven by building momentum in areas of e-commerce, web and mobile applications and Internet of Things (IoT). In Malaysia, IT spending in 2018 is forecast to rise 5.7% to RM65.2 billion, faster than the projected global pace of 4.5%.
The increase in spending will be focusing on adopting business digitalisation, blockchain technology and big data to encourage learning and artificial intelligence. Of note, corporations are expected to spend substantially on Software-as-a-Service (SaaS) solutions, with global software spending projected to rise 9.5% in 2018 and 8.4% in 2019.
That will in turn necessitate accompanying investments into talent acquisition and related sub-categories such as human capital management and analytic applications. Devices segment is also seen growing 5.6% globally this year to US$704 billion. Cybersecurity concerns, and corresponding countermeasures, will also likely be a major investment theme as major cyber-attacks continually made making headlines in 2017.
Hot Jobs for 2018/2019
- Project Manager Salary Range from RM8,000 – RM14,000
- Inside Sales Manager Salary Range from RM6,500 – RM10,000
- Java Developer Salary Range from RM5,200 – RM7,500
- Helpdesk Tech Support (Foreign Language Expertise) Salary Range from RM5,200 – RM8,400
- Senior Systems Engineer Salary Range from RM6,200 – RM8,500
Michael Page Salary Benchmark 2018
According to Michael Page 2018 Salary Report, the demand for cybersecurity, mobile developers and software engineers will skyrocket. With the Digital Free Trade Zone, and as MNCs move regional IT support hubs to Malaysia, we’ll see high demand across functions.
Robert Walters Salary Survey 2018
There was great demand for IT talent in 2017, particularly software engineers, cloud architects and cyber security experts. Most organisations focused on enhancing their in-house IT teams and were less reliant on vendors, except for professionals with niche skills. In 2018, more companies are expected to offshore their IT functions to Malaysia, as part of cost-saving strategies and to gain accessibility to other countries in South East Asia.
Businesses are increasingly embarking on digital transformation programmes to drive revenue streams. This will lead to higher demand for UI/ UX designers, web developers and digital project managers. There is also greater implementation of OpenSource technologies, a global digital trend that encourages flexible development processes.
Candidates who are skilled in OpenSource, DevOps or cyber security are limited in number but essential to digital development plans, so they will be highly sought after. Hiring managers will also be looking for candidates who are interested in strengthening their technical knowledge and keeping up-todate with the latest technologies.
In this competitive market, hiring managers will need to shorten the hiring and decision-making process to secure the best candidates. To retain talent, managers should define clearer career paths and provide continuous learning and development opportunities in evolving technologies. The candidate driven market saw salary increments ranging between 20-30%. This trend is expected to continue in 2018.
- Chief Technology Officer RM384,000 – RM636,000 a year
- IT Director RM288,000 – RM444,000 a year
- Program Manager RM246,000 – RM372,000 a year
- Development/Digital Manager RM156,000 to RM312,000 a year
- Development/Digital Manager RM96,000 to RM198,000 a year
- Infrastructure Manager RM120,000 – RM246,000 a year
- IT Security Manager RM126,000 – RM192,000 a year
- IT Auditor RM96,000 – RM186,000 a year
- Cyber Security Engineer RM102,000 – RM270,000 a year
- Server/Database Administrator RM60,000 – RM108,000 a year
- IT Sales Director RM300,000 – RM426,000 a year
2018 Hays Salary Guide Asia
In the meantime, 2018 Hays Salary Guide Asia reports that Malaysia embraced digitisation in 2017 and it’s therefore no surprise to see that there will be strong demand for digital talent in 2018. Software development, data centres, big data analytics and cloud computing rapidly developed in 2017 and shows no signs of slowing down either in 2018.
The importance of innovation to economic growth was recognised by Malaysia two decades ago and development of the country as a tech hub has followed. Cyberjaya is Malaysia’s Multimedia Super Corridor or MSC, but it is also nicknamed the “Malaysian Silicon Valley”. More than 300 foreign and multinational companies have set up shared services centres and IT hubs in Malaysia creating a wide-range of jobs, particularly in the shared services sector.
E-commerce adoption rates in Malaysia top 70 per cent and is partly due to the government’s effort in promoting online businesses. Job seekers can definitely look forward to more opportunities in 2018 with the sector tipped to grow by 35 per cent. The sector is further buoyed by news that Mainland Chinese and global tech giant Alibaba intends to set up a regional hub in Malaysia.
There will be huge demand for cloud infrastructure and cyber security professionals with candidates in these roles expected to command some of the highest paid positions in IT. As project management and software becomes more sophisticated, candidates who possess analytical skills to interpret real-time results and also strong soft skills to engage stakeholders are in high demand. Candidates who are versatile, willing to learn and adapt quickly rank at the top of the employability scale in an increasingly dynamic recruitment landscape.