What are the Top Jobs in Malaysia that has Future Demand and High Salary?
Written by EduSpiral Consultant Services. For more information contact 01111408838
One of the main aim of getting a university education in Malaysia is to find a stable job so that you can take care of yourself and your family. However, nowadays, with the high cost of living, just finding any job will not do. You will need to find a job that has a high salary.
Keep in mind, that after graduating, you would want to buy a car, a house, and get married and have children. This means that you will need to have enough money to feed yourself, your spouse, children and most probably your parents. Factor in the costs of healthcare, insurance, education, food, travel, saving for your retirement and other day-to-day expenses and all these amount to a lot of money!
To help you decide which course that has a future job demand with high salaries in Malaysia, I have researched and made a list for you to consider. If you are still not sure what to study, please fill up the EduSpiral Career Assessment Form. After evaluating your results, I will contact you to help match the right course for you to study.
You may also be interested in:
- Top 20 Courses to Study in Malaysia that has High Job Demand & Stable Salary
- Study Courses that has High Job Demand in Malaysia
- Top 10 Degree Courses in Malaysia with Highest Starting Salaries
- Top 10 Jobs in Malaysia
For more information on the top private universities and colleges in Malaysia, WhatsApp 01111408838
Please fill up the Form below and I will WhatsApp you and provide you with sound advise on how to choose the best private university or college in Malaysia to study at. If you do not give your mobile number or full name as in IC, your query will not be answered. Our knowledgeable & experienced counsellor will send you a message on WhatsApp & provide assistance from there.
Do your Research and Find the Most in Demand Job with High Salary in Malaysia so that you can Choose the Right Course to Study
The ever-increasing cost of living in Malaysia is making it challenging for fresh graduates and working professionals to support their lifestyle. In light of that, it would be important for students to plan ahead what career that you want to enter into so that you can choose a course that has future job demand and high salary in Malaysia.
Part of finding the right career in Malaysia for you will be looking at the future job demand in Malaysia and globally. You don’t want to have completed a degree course and then not be able to find a job or realise that the job pays very low salary. Therefore, it is important for students after high school or Pre-University to choose the right course to study – you don’t want to waste your time and money on a course you don’t want to do (or end up dropping out of).
Choose the Right Course based on Facts & Evidence
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. s
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.
Choose the Best University that will Equip you with the Right Skills
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.
Studying at the top ranking private university in Malaysia 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. 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.
To help you choose the right course, do contact me at 01111408838 for advise.
Top Jobs in Malaysia with High Salary
The Academy of Sciences Malaysia estimates that one million people are required by 2020 to be in the science and technology fields. This includes 500,000 in support and services comprising technicians, talent in the vocational field, science officers, nurses as well as information and communications technology (ICT) personnel; 470,000 implementers like engineers, doctors and architects as well as well as scientists, technologists and applied scientists; in addition to 30,000 in research.
Traditional white-collar jobs (medical, legal and financial) as well as digital or IT-related jobs, including content creators, data scientists and IT professionals will continue to stay in demand for the next decade.
- Programmer or Software Engineer
- Recommended courses to study: Computer Science or Software Engineering
- Michael Page Salary Benchmark 2019 reports that a Software Engineer in the Technology & Telecommunications Sector earns from RM75,000 to RM180,000 a year. A Chief Technology Officer (CTO) can earn from RM245,000 to RM450,000.
- According to Kelly Services 2018/2019 Salary Guide a Lead Software Developer earns from RM9,800 to RM16,000 while the Software Development Manager is RM14,000 to RM23,000. The Chief Information Officer commands a salary range from RM25,000 to RM42,000 a month.
- Average Salary for Programmers and Software Engineers in Malaysia: RM20,000 a month for Senior Manager Level
- Information Technology (IT) Specialists
- Recommended courses to study: Information Technology (IT) or Computer Science
- According to PIKOM Salary Report 2018 the average monthly starting salary for an ICT Professional in Malaysia is RM3,094, Senior Executive Level is RM7000 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%.
- According to Kelly Services 2018/2019 Salary Guide an Inside Sales Manager, IT average salary is RM$6,500 – RM$10,000 a month while an IT Manager is RM6,200 to RM8,500. A Lead Software Developer earns from RM9,800 to RM16,000 while the Software Development Manager is RM14,000 to RM23,000. The Chief Information Officer commands a salary range from RM25,000 to RM42,000 a month.
- The information technology (IT) industry is expected to face a shortage of between 7,000 and 15,000 professionals, as Malaysia rides the wave of the growing digital economy. The industry is currently in need of specialised workers in various IT fields. By 2025, the IT industry will require one million specialised working professionals as the industry is experiencing a rampant growth.
- The Information Technology (IT) in Malaysia sector is exceptionally diverse and continues to grow. IT professionals often move between professional specialisations as their interests and expertise grow and change.
- According to PIKOM Salary Report 2018, the average monthly salary of Entry Level ICT professionals is expected to show a lower growth rate of 4.6% for 2018 to to just above RM3,000. High turnover among fresh graduates is still a cause for concern in most industries. It is not uncommon to hear that fresh graduates leave their new jobs in a matter of months and some even in a matter of weeks. This is one of the factors why employers hold back in hiring fresh and inexperienced ICT professionals as compared to professionals in the Senior Executive level and above. Other factors include poor verbal and written skills in English, a language considered essential in the world of Information Technology.
- Data Scientists/ Data Analysts / Data Engineer
- Recommended courses to study: Data Science, Data Analytics, Computer Science or Artificial Intelligence (Ai)
- Data Scientists: Starting salary is RM3000 to RM5000 a month and experienced Data Scientists can earn pp to RM15,000 a month
- Michael Page Salary Benchmark 2019 reports that a Data Engineer can earn from RM120,000 to RM138,000 a year. A Data Warehouse Architect in the Technology & Telecommunications sector can earn from RM132,000 to RM144,000.
- Data Scientists and Big Data Specialists worldwide now and in the future, with hundreds of thousands of new job opportunities emerging globally. In Malaysia alone, by the year 2020 this need is expected to reach at least 20,000 data professionals and 2000 data scientists. Job demand as well as salary for qualified Data Scientists or Big Data Professionals in Malaysia is high
- With the rise of Big Data, Machine Learning and Deep Learning, the demand for quantitative analysts and data scientists is also on the rise, not only at FinTech start-ups, but also at large investment banks and hedge funds. These professionals write and execute complex financial models that can sift through and make sense of vast amounts of digital information. They may also design data-driven trading programmes, develop innovative algorithms using quantum computing and automate financial processes to minimise human inputs.
- A report from the recent Digital Workforce of The Future by LinkedIn, which revealed that a combination of skills encompassing Big Data, data analytics and web development registered a 21% growth in demand. In Malaysia, the top five in-demand digital skills are big data, software and user testing, mobile development, Cloud computing and software engineering management.
- Financial Technology (Fintech) Specialists
- Recommended courses to study: Financial Technology (Fintech), Computer Science, Software Engineering, Mobile Computing, Information Technology (IT) or Artificial Intelligence (Ai).
- Managers can earn from RM12,500 -RM26,000 a month. Support Function positions earn from RM6,600 to RM20,00 a month while a Data Engineer could earn up to RM33,300. Senior Management level earn from RM20,000 to RM65,000 a month. (Hays Salary Report 2018)
- With the advancement of new technology brings new challenges and opportunities, it is important that Malaysia’s higher education play a key role in producing graduates equipped with the skills that employers will need. The explosion of the internet and the mobile internet has catalyzed the rapid development of financial technology (Fintech). Malaysia is also moving rapidly towards a cashless digital society. The WeChat mobile wallet is now live – the platform’s first expansion outside of China and Hong Kong. Together with Alipay and Samsung Pay, these players will disrupt the payments space.
- The Fintech industry covers businesses that use technology within financial services to improve a product or service for customers and this covers everything from payment methods to setting up bank accounts. Demand for tech savvy candidates with experience with e-money and blockchain technologies and digital transformation skills remains high.
- Internet of Things (IoT)
- Recommended courses to study: Internet of Things (IoT), Information Technology, Computer Science or Software Engineering
- Salary is under Information Technology (IT)
- Gartner predicts that by 2017, 50 percent of IoT solutions (typically a product combined with a service) will originate in startups that are less than three years old. Malaysia also have their own IoT Ecosystem. Over the recent years, technology companies have developed more devices with capabilities to be connected to the Internet — including watches, televisions, cameras and others. A separate report by IHS Markit also suggested that there will be more than 20 billion connected devices in 2020.
- In Malaysia, the IoT industry is expected to generate over 14,000 new jobs and contribute billions of ringgit to the economy. According to MIMOS, the implementation of IoT is also likely to contribute RM9.5 billion to Malaysia’s gross national income by 2020, and RM42.5 billion by 2025. From the RM42.5 billion projection, RM34 billion will be driven by apps and services, as well as analytics solutions. Separately, the Ministry of Science, Technology and Innovation added that IoT is likely to create over 14,270 high-skilled employment opportunities by 2020.
- Cyber Security
- Recommended courses to study: Cyber Security, Computer Security, Computer Science or Software Engineering
- Michael Page Salary Benchmark 2019 reports that an IT Security Engineer in the Technology & Telecommunications Sector earns from RM69,000 to RM120,000 a year while a Senior IT Security Specialist is expected to earn RM102,000 to RM144,000. A Chief Technology Officer (CTO) can earn from RM245,000 to RM450,000.
- According to Kelly Services 2018/2019 Salary Guide a Security Analyst with 3-5 years experience earns an average salary of RM5,200 – RM8,500 a month while an IT Manager is RM6,200 to RM8,500. A Lead Software Developer earns from RM9,800 to RM16,000 while the Software Development Manager is RM14,000 to RM23,000. The Chief Information Officer commands a salary range from RM25,000 to RM42,000 a month.
- According to Robert Walters Salary Survey 2018, a Cyber Security Engineer earns RM102,000 – RM270,000 a year
- According to PIKOM Salary Report 2018, the average monthly salary of the top five paying cybersecurity jobs for the Entry Level category ranged from RM2,500 to RM3,400 in 2017. Security Analyst (e-security) was the position with the highest average monthly salary at RM3,400, followed by Network Security Engineer (RM3,000), Security Operator (2,750), Security Engineer (RM2,650), and Security Analyst at RM2,500.
- In the Senior Executive Category, Two positions, Security System Engineer and IT Security Incident Response Analyst, commanded an average monthly salary of RM15,000 to RM15,500 respectively, which is more than double the overall average monthly salary of ICT professionals in this category at RM7,057. The average monthly salary of the three remaining top jobs in this category ranged from RM10,500 to RM12,500.
- Senior Manager Level Category – The top paying position in this category was an IT Operations Security Senior Manager with an average monthly salary of RM20,500, also higher than the overall average monthly salary of RM19,147. The other top paying cybersecurity jobs in this category were Information Security Architect (RM17,500), Cybersecurity Senior Manager (RM17,000), Business Information Security Officer (RM15,225) and Senior Manager for IT Security and Infrastructure (RM13,000).
- As it can be seen above, Cybersecurity ICT professionals can command higher than the average monthly salary of their respective job categories. Why are the salaries so high? One explanation is that there is a critical shortage of specialised cybersecurity professionals worldwide who are able to protect organisations from sophisticated online attacks. In Malaysia, the Malaysia Digital Economy Corporation (MDEC) has teamed up with global technology and information security association ISACA to address the shortage of cyber security professionals in our country. There are currently 6,300 cyber security professionals in Malaysia and a target has been set to provide 10,000 professionals by 2020.
- Cybersecurity concerns, and corresponding countermeasures, will also likely be a major investment theme as major cyber-attacks continually made making headlines. 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.
- Artificial Intelligence (Ai)
- Recommended courses to study: Computer Science or Computer Science with Specialisation in Ai
- Salary is under Information Technology (IT)
- The World Economic Forum (WEF) in its Future of Jobs report, characterises Industry 4.0 as the developments of genetics, artificial intelligence, networked devices, robotics, nanotechnology, 3D printing and other smart technologies.
- 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. According to Kelly Services 2018/2019 Salary Guide, 1 million professionals in the digital space is required in Malaysia by 2025.
- Cloud Computing
- Recommended courses to study: Information Technology (IT) or Cloud Computing
- Salary is under Information Technology (IT)
- Significant growth is expected in Infrastructure services such as networks, platforms and specialist areas such as cloud and virtualisation; Salaries of IT directors with more than 10 years of experience pegged at RM250k-360k per annum
- Mobile App Developer
- Recommended courses to study: Mobile Computing
- Salary is under Information Technology (IT)
- As digital, mobile and e-commerce-related companies expand their businesses, there will be an increase in the number of employers recruiting mobile engineers and software developers.
- Database Administrator
- Recommended courses to study: Information Systems or Business Information Systems
- According to Kelly Services 2018/2019 Salary Guide a Database Administrator with 3-5 years experience earns an average salary of RM5,200 – RM8,500 a month while an IT Manager is RM6,200 to RM8,500. A Lead Software Developer earns from RM9,800 to RM16,000 while the Software Development Manager is RM14,000 to RM23,000. The Chief Information Officer commands a salary range from RM25,000 to RM42,000 a month.
- Network Administrator
- Recommended courses to study: Network Computing or Information Technology (IT)
- According to Kelly Services 2018/2019 Salary Guide a Security Analyst with 3-5 years experience earns an average salary of RM4,600 – RM5,800 a month while an IT Manager is RM6,200 to RM8,500. A Lead Software Developer earns from RM9,800 to RM16,000 while the Software Development Manager is RM14,000 to RM23,000. The Chief Information Officer commands a salary range from RM25,000 to RM42,000 a month.
- Recommended courses to study: Actuarial Science and then the professional papers from IFoA or SOA
- 4-7 years experience 72 – 144k 8-12 years experience 144 – 204k more than 12 years experience 240k+ (Robert Walters Salary Survey 2018)
- Given the expected continuous growth in the insurance market, it is anticipated that the demand for actuaries in Malaysia will continue to grow in the next few decades. Future regulatory developments (e.g. requirement for certification of IBNR) and the increasing need for risk management are likely to result in significant increase in demand for actuarial services by general insurers. With only 100 qualified actuaries in Malaysia, the market for actuaries can perhaps still be considered unsaturated.
- Currently, Malaysians are generally under-insured or not insured, and there is a lack of understanding of insurance products by the general public. However, as the country develops and the middle-working class population grows, there will be an increase in financial awareness. This will create a lot of potential growth in the Malaysian market. There is a demand in Life and takaful insurance, since the majority of Malaysians are Muslims where there is demand for Sharia compliant products.
- Recommended courses to study: Accounting & Finance or Accounting
- Michael Page Salary Benchmark 2019 reports that an Accountant in the Financial Services Sector earns RM72,000 to RM96,000 a year while a Manager would earn RM144,000 to RM168,000. Head of Finance would command a salary from RM204,000 to RM264,000, and a Chief Financial Controller (CFO) from RM447,000 to RM578,000 a year. In the Manufacturing & Industrial sector the CFO can earn from RM360,000 to RM600,000.
- A Chief Financial Officer (MNC) can earn from RM40,000 to RM60,000 a month according to Kelly Services 2018/2019 Salary Guide. Finance Directors salary ranges from RM30,000 to RM40,000 and Finance Head is RM12,400 to RM18,500.
- In Kuala Lumpur (KL), accounting and finance CFOs can expect to earn an annual salary of RM420k – RM720k. Meanwhile, finance directors can expect an annual salary of RM300k – RM456k (for MNCs), and RM240k – RM300K (for SMEs). (Robert Walters Salary Survey 2017)
- According to a the Annual Salary Survey 2016 from the Charted Institute of Management Accountants (CIMA), qualified accounting professionals can earn as much as RM186,000 annually.
- Presently, Malaysia has about 7.5 million Accountants. The country requires another 60,000 Accountants to fulfill Vision 2020.
- By 2020, the prospect in accounting careers is expected to grow by 16% and 23% growth in finance job scopes. If you choose to be a financial accountant than u can get job in public or private sectors and you can also deepen and diversify your skills into governmental accounting, non-for-profit accounting, forensic accounting, or other specific fields.
- The Financial sector stands as one of the largest sectors in Malaysia with more than 300,000 people employed. This sector is made up by professionals in the Accounting, Banking, Economics, Finance, Insurance and Statistics and Taxation sub-sectors. An important industry for the country, it contributes up to 11 percent of the nation’s Gross Domestic Product (GDP).
- Financial Analysts
- Recommended courses to study: Finance, Banking & Finance, Finance & Investment, Economics, Business Administration, Accounting & Finance or Accounting
- According to Kelly Services Salary Report 2018/2019, the job position in Strategic Planning & Financial Analysis can earn RM12,000 – RM38,000 a month while a Financial Analyst with 3-4 years experience is expected to earn RM4,800 to RM7,800 a month. A Vice President, Relationship Manager in Banking and Finance could earn from RM$11,000 – RM$18,000.
- Corporate banking / Global Wholesale Banking / Investment Banking are expected to earn RM11,000 to RM48,000 a month.
- According to Robert Walters Salary Survey 2018, Senior Financial/Business Analyst is expected to earn RM108,00 – RM144,00 a year and a Financial/Business Analyst from RM72,000 – RM108,000 a year
- By 2020, the Malaysian financial services sector is predicted to create 275,400 new jobs, with positions relating to accounts, investments, international trade, sales and marketing and economics becoming widely available. Therefore, if you have decided on studying a degree in Finance, Banking & Investment, you have made the best choice for a solid future career.
- Internal Auditors, Regulatory Reporting Analysts, and Financial Planning & Analysis professionals are among the skills in high demand across Asia, according to Hays Recruitment Specialists. In Malaysia there is a steady demand for Tax Managers, Accounts Payable/Receivable Managers, CFOs and Financial Controllers, Corporate Finance Managers, Risk Analysts and Credit Risk Managers, and Compliance Officers.
- Digital Marketing Managers/ Social Media Marketing Managers
- Recommended courses to study: eBusiness, Marketing Management, Mass Communication, Public Relations, Advertising & Brand Management or Marketing Communications
- Michael Page Salary Benchmark 2019 states that the Head of Marketing / Marketing Head in the Financial Services Sector earns from RM240,000 to RM480,000 a year while a Chief Marketing Officer (CMO) earns from RM300,000 to RM720,000 a year.
- A Head of Sales & Marketing or Vice-President in Regional Marketing can earn from RM15,400 to RM26,300 a month according to Kelly Services 2018/2019 Salary Guide. Marketing Managers earn from RM7,200 to RM10,500.
- According to Robert Walters Salary Survey 2018, a Marketing Director can earn RM312,000 – RM480,000 a year while a Marketing Manager can draw from RM180,000 – RM264,000 a year. In addition, there was strong demand this year in Kuala Lumpur for sales and marketing professionals in the e-commerce, retail and industrial sectors. As online spending continued to grow for personal care, fashion, beauty and fresh food products; candidates with experience in merchandising and digital marketing were highly sought after.
- Businesses are looking for experienced Digital Marketers to provide strategic direction on which online channels would best complement traditional marketing efforts. As businesses continue to move towards selling their products and services via online channels, we are seeing increasing demand for Sales Managers who can sell advertising space on these platforms. Being a major income source for advertising agencies, there will continue to be a high demand for these individuals.
- According to a Top Markets report, e-commerce adoption rates in Malaysia make up 70% of the population, and this is partly due to the government’s effort in pushing for online businesses. Job seekers can definitely look towards this field, as the sector is expected to grow by 34% this year to US$3.8bil, BMI Research reported. What job seekers may be interested to know is that Alibaba intends to set up a regional distribution hub here, which can only mean more job opportunities.
- E-commerce contribution to the GDP is expected to reach about RM83.6 billion in 2017 from RM74.6 billion in 2016, representing a y-o-y growth of about 12.1%. (The official 2017 ICT Satellite Account is expected to be released in October this year) The Southeast Asian internet economy is expected to grow from USD50 Billion to USD250 Billion over the next 7 years. The government’s efforts since the launch of the Multimedia Super Corridor in 1996 has put Malaysia in a leading position to benefit from this growth.
- Quantity Surveyor
- Recommended courses to study: Quantity Survey
- A Quantity Surveyor can earn from RM6,000 to RM10,000 a month according to Kelly Services 2018/2019 Salary Guide. They have also listed this as one of the Hot Jobs for 2018/2019.
- The Malaysian construction industry continues to boom and is expected to grow by 8.3% in 2017 making the industry worth a whopping RM170bn.
- There are no statistics for the job demand for quantity surveying in Malaysia however from my research, apparently there is a dire need for qualified and well trained quantity surveying graduates in Malaysia.
- Recommended courses to study: Architecture
- According to the Malaysian Institute of Architects (PAM), the number of architects should be increased. To achieve the ideal ratio of 1:4,000, we need 7,500 architects in Malaysia. The present ratio of 1:15,000, is far below the ratio in most developed countries. It’s time for us to build capacity to compete with international firms.
- Local firms are facing increasing competition from these firms, both here and abroad. Due to the current soft market in the local development sector, the demand for architects is lower. But with new infrastructure, townships, housing and building projects starting to grow again, the market is expected to improve. Demand for architects in Malaysia will start to increase by 2020.
- With major infrastructure developments underway, Malaysia’s engineering excellence and talent prospects are heading towards exciting times. With 200,000 engineers needed by 2020 to pursue developed nation status, this will mean tripling nearly 70,000 registered engineers of the talent pool. Sectors to watch out for include petroleum products, electric and electrical manufacturing and metal products, which drew the bulk of approved manufacturing investments in 2016. The transport equipments sector is set to shine with RM4.8 billion injected to promote growth. Aerospace is also looking up with Malaysia’s first tier- 1 Rolls-Royce aerospace component manufacturing plant in Serendah now operating in earnest, spearheading the national aerospace development blueprint. With favourable government support for the aerospace sector plus various high-speed rail projects such as the East Coast Rail Line and the High-Speed Rail from Kuala Lumpur to Singapore kicking into gear, both transport equipment and aerospace may present new opportunities to engineering players going forward.
- Currently, according to BEM there are 11010 Professional Engineers and 81771 Graduate Engineers in Malaysia. Malaysia needs around 275,000 and 300,000 engineers in 5 and 10 years respectively.
- In a 2006 Report by the Malaysian Ministry of Higher Education, Mechanical engineering is viewed as the field of engineering most highly demanded in the future with a projected increase of 24% from 5 to 10 years (from an estimated number of engineers of 58000 to 72000).
- About 8% of the respondents indicated a demand for other engineering fields, such as biomedical, computer engineering, instrumentation and technology, marine technology, mechatronic, software engineering and process engineering. According to the report, the demand is highest for: Mechanical Engineers, next is Electrical, Civil, Electronic and finally Chemical.
- Electrical & Electronic Engineers
- Recommended courses to study: Electrical & Electronic Engineering, Telecommunications Engineering, Nanotechnology or Optical Engineering
- Michael Page Salary Benchmark 2019 reports that an Electrical Engineer can earn from RM70,000 to RM90,000 a year in the Manufacturing & Industrial Sector. Manager level ranges from RM120,000 to RM150,000 while a Director is RM250,000 to RM300,000 a year.
- A Program Manager (Electronics / Semicon) can earn from RM8,000 to RM12,000 a month according to Kelly Services 2018/2019 Salary Guide. Lead Electrical Engineers earn from RM9,000 to RM15,000. A Senior Project Manager is expected to earn from RM12,000 to RM18,000 a month while an Engineering Manager is RM12,000 to RM20,000. Electrical Engineers with 6-8 years experience is expected to earn from RM6,000 to RM10,000.
- In a report conducted by IPSOS Business Consulting in 2012 on the E&E Sector Study on the Supply-Demand of Talent in Malaysia, it is found that there is a shortage of Electrical & Electronic Engineers in Malaysia.
- The E&E sector is an important contributor to Malaysia’s economy as it is one of the 12 National Key Economic Areas (NKEA) in the country’s Economic Transformation Programme (ETP). There are 1,900 active E&E companies which provide employment to over 350,000 people.
- Telecommunication Engineers
- Recommended courses to study: Telecommunications Engineering or Electrical & Electronic Engineering
- Telecommunication is the means of communicating through the transmission of signals. In today’s world, it is all around us – from 4G connectivity to streaming videos to mobile downloads, and so on. The IPSOS report identified eight key talent shortage areas in the E&E field and one of the areas in demand for Telecommunications Engineers. They are responsible for the analysis, design, implementation, optimization and enhancement of wireless telecommunications products and networks.
- Mechatronics Engineer
- Recommended courses to study: Mechatronics Engineering or Robotics & Automation Engineering
- The World Economic Forum (WEF) in its Future of Jobs report, characterises Industry 4.0 as the developments of genetics, artificial intelligence, networked devices, robotics, nanotechnology, 3D printing and other smart technologies.
- Mechanical Engineers
- Recommended courses to study: Mechanical Engineering or Mechatronics Engineering
- Michael Page Salary Benchmark 2019 reports that a Mechanical Design Engineer can earn from RM80,000 to RM100,000 a year in the Manufacturing & Industrial Sector. Manager level ranges from RM120,000 to RM150,000 while a Director is RM250,000 to RM300,000 a year.
- A Mechanical Engineer can earn from RM6,000 to RM10,000 a month according to Kelly Services 2018/2019 Salary Guide. A Project Manager is expected to earn from RM10,000 to RM15,000 a month while an Engineering Manager is RM12,000 to RM20,000.
- The Manufacturing Sector in Malaysia is expected to grow 5.3% in 2018.
- Civil Engineers
- Recommended courses to study: Civil Engineering
- A Civil Engineer can earn from RM3,000 to RM6,000 a month according to Kelly Services 2018/2019 Salary Guide. A Civil & Structural Engineer can earn from RM10,000 to RM15,000 a month according to Kelly Services 2018/2019 Salary Guide. A Project Manager is expected to earn from RM10,000 to RM15,000 a month while an Engineering Manager is RM12,000 to RM20,000. A Construction Director can earn from RM29,000 to RM40,000 a month while a Technical Director is RM20,000 to RM30,000.
- The Construction Sector in Malaysia is expected to grow 7.5% in 2018.
- Chemical Engineers
- Recommended courses to study: Chemical Engineering
- A Chemical Engineer can earn from RM3,000 to RM6,000 a month according to Kelly Services 2018/2019 Salary Guide. A Senior Project Manager is expected to earn from RM12,000 to RM18,000 a month while an Engineering Manager is RM12,000 to RM20,000.
- Human Resource Managers
- Recommended courses to study: Human Resource Management (HRM) and Business Administration. Many Psychology graduates apply for this job but in my opinion, you might as well study HRM to enter this position.
- Michael Page Salary Benchmark 2019 reports that an HR Director can expect a salary from RM240,000 to RM400,000 a year in the Healthcare & Pharmaceutical Sector. Head of Compensation & Benefits will earn RM180,000 to RM320,000.
- A Talent Acquisition Manager can earn from RM8,200 to RM13,000 a month while a Compensation & Benefits Manager can earn from RM10,000 to RM15,000 according to Kelly Services 2018/2019 Salary Guide. They have also listed this as one of the Hot Jobs for 2018/2019. A Chief HR Officer can expect a salary range from RM40,000 to RM50,000.
- HR directors in KL can expect an annual salary of RM300k – RM720k next year. However, HR directors in Penang can expect an annual salary of RM168k – 456k. (Robert Walters Salary Guide 2017
- Marketing Communications (MarComm) or Public Relations Manager
- Recommended courses to study: Mass Communication, Public Relations, Advertising & Brand Management or Marketing Communications
- Michael Page Salary Benchmark 2019 states that the Marketing Communications Manager Financial Services Sector earns from RM96,000 to RM150,000 a year while a Director earns from RM200,000 to RM360,000 a year. A Public Relations/Corporate Communications Manager expects a salary range from RM72,000 to RM108,000 while a Director position earns from RM180,000 to RM300,000 a year.
- A Brand or Product Manager is expected to earn from RM$5,200 – RM$8,400 a month while a Marketing Communication Manager can earn from RM$7,500 – RM$12,000 a month. Corporate Communications Directors will range from RM12,400 to RM21,000 (Kelly Services 2018/2019 Salary Guide)
- Brand/product manager and marketing communication manager are listed among the overall hot jobs in Malaysia for 2018/2019. This is according to the 2018/19 Malaysia Salary Guide by Capital Global and Kelly Services Malaysia, which stated that a brand/product manager will earn between RM5,200 to RM8,400, while a marketing communication manager will earn between RM7,500 to RM12,000.
- The guide described high-skilled talent as “critical”, as Malaysian companies increasingly look beyond home for bigger markets, while multinational companies continue to view Malaysia favourably as a stepping stone to Southeast Asia.
- Logistics & Supply Chain Managers
- Recommended courses to study: Logistics Management or Supply Chain Management
- Michael Page Salary Benchmark 2019 reports that a Logistics Manager can earn from RM120,000 to RM180,000 and a Supply Chain Manager from RM120,000 to RM144,000 in the Healthcare & Pharmaceutical Sector as well as the Manufacturing & Industrial Sector. A Supply Chain Leader in the Manufacturing & Industrial Sector is expected to earn from RM558,000 to RM682,000.
- A Supply Chain Manager can earn from RM7,700 to RM13,800 a month according to Kelly Services 2018/2019 Salary Guide. They have also listed this as one of the Hot Jobs for 2018/2019. A Director of Supply Chain is expected to earn a salary range from RM20,600 to RM31,000.
- Supply chain includes transportation and logistics. This industry will continue to grow, as Malaysia is strategically located and has easy access to regional resources and supply chains within South East Asia.
- Sales & Marketing
- Recommended courses to study: Marketing, Business Administration or Mass Communication
- Sales and marketing roles were listed as among the top six most in-demand job categories of 2017-2018 in Malaysia, according to Jobstore.com’s post-GE14 Salary Survey report.
- The report, which surveyed 1.2 million job seekers on Jobstore.com, as well as HR managers, recruiters and company owners, said that revenue-generating roles are “very crucial” in the fast-paced competitive business environment. It also noted an increased focused in branding and digital efforts by companies to continuously engage with existing and potential consumers. Hence, the need for roles such as marketing manager and product manager.
- The expected salary for a vice president (sales and marketing, strategic and planning) role is from RM15,000 to RM50,000, while senior marketing managers and project managers can expect to earn RM12,000 to RM40,000. Meanwhile, key account managers are predicted to earn between RM6,000 to RM30,000, while digital marketing managers, marketing communications managers and marketing managers are expected to obtain a salary of between RM5,000 to RM10,000.