Study Courses that has High Job Demand in Malaysia

Best Courses to Study in Malaysia that has Great Career Prospects

With the evolution of technology, the current job landscape in Malaysia has changed drastically. In many industries and countries, the current in-demand occupations or specialties did not exist 10 or even 5 years ago. The rise of technology has led to a disruption in the way we work and live. The Digital Era has changed the way we work.

As the digital economy grows, Malaysia must be prepared to choose jobs that will be in demand in the future as well as still exist. In the World Economic Forum (WEF) Future of Jobs 2023 report, across 45 economies, covering 673 million workers, 69 million new jobs are expected to be created and 83 million to be eliminated, a net decrease of 14 million jobs, or 2% of current employment. The report finds that nearly a quarter of all jobs (23%) globally will change in the next five years.

By 2027, businesses predict that almost half (44%) of workers’ core skills will be disrupted. Technology is moving faster than companies can design and scale up their training programmes, found the World Economic Forum’s Future of Jobs Report. AI is widely reported to be a key disrupter, but other factors, including the green transition and geo-economic conditions, will also see “churn” for almost a quarter of jobs by 2027 – a measure of disruption that includes both emerging and declining jobs.

In addition, the most in-demand occupations in many industries today did not exist ten or even five years ago. The report also quotes that an estimated 65% of children entering primary school today will ultimately end up working in completely new job types that are yet to exist. The potential disruption that this reality presents is significant.

For today’s students, analytical and interpersonal skills, as well as the ability to understand and work with technology will be critical. Every student – regardless of their chosen fields – should aim to build these generalist skills to be ready for a rapidly changing future. With an awareness of the impact of technological advancements, students need to choose a course that will be relevant in the future to avoid being replaced by technology or graduate with skills that are obsolete.

At EduSpiral Consultant Services, we do our research on the job demand for the careers in Malaysia and Salary Reports in order to best advise our students on what to study based on facts and evidence. Students need to talk to the right education counsellors so that you get the right information to help you in making this life-changing decision. We have prepare a list of the best courses to study in Malaysia that has high job demand to help students choose the right career for a successful future.

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• Malaysia’s 28 Top Jobs in Demand in Future with High Salaries
• Top 10 Degree Courses in Malaysia with Highest Starting Salaries

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Look at Job Demand and Trends in Malaysia when Choosing your Course

Global markets are being disrupted by an accelerating pace of innovation in the digital world. Digital transformation has entered an era of unprecedented change for enterprises necessitating a fundamental shift across processes, functions, customer engagement and many other aspects of business.

Today, more than ever before, it has become imperative for organizations to implement concrete strategies around digital transformation.

Organisations & companies in Malaysia are already reinventing themselves to embrace digitalization, so it comes as no surprise that this field is observing – now and in the future – a steady and strong demand.

Digitalization will permeate into all areas of our work and students must prepare themselves now by choosing the right course as well as acquire the necessary computing skills to complement their “non-computing” degree.

One of the biggest talent trends observed for the coming year is the impact of digitalisation on traditional job roles across industries and functions. Apart from a high demand for digital professionals in the areas of data analytics, cyber security and IT regulations, professionals in HR and marketing will also be increasingly expected to have digital knowledge and skillsets.

Automation will also impact functions across industries, particularly within HR, supply chain and finance sectors. Positions that involve high levels of simple repetition, such as finance data entry roles are at high risk of becoming redundant, while in HR and supply chain, knowledge of relevant software has also become vital.

Prepare for Future Career Success by Choosing the Right Course Now

Graduate employability has also become a concern  for Malaysia. Employers recognise the concerns  on graduate’s skills gap, such as the lack of  industrial training experience and communication skills.

In order to be successful in your future career, students need to study the employment trends to see which jobs and skills would be in demand. You don’t want to graduate and find yourself jobless because what you have learnt is not relevant anymore.

According to the Statistics Department, Malaysia recorded a total of 5.92 million graduates in 2022, of which 53.9% were degree holders. However, Social Security Organisation (Sosco) noted that some 40% of graduates are underemployed in semi-skilled or low-skilled jobs.

Furthermore, as of December 2023, 307,200 young Malaysians aged 15 to 24 were jobless, representing an unemployment rate of 10.6 per cent. Meanwhile, the unemployment rate for those in the wider 15 to 30 age bracket was 6.4 per cent, comprising 432,100 youths.

Putting this into context, these youths account for about 76 per cent of the 567,800 people who do not have jobs in Malaysia. Another 5 to 6 million students are set to graduate this year, compounding the issue. At the same time, job creations in 2023 slowed down, making things even more challenging for young people seeking to enter the workforce.

A total of 15,460 graduates or 42 per cent of all job seekers on the national job search portal, MYFutureJobs, face an issue of skills mismatch in 2023.

According to the HR Minister, the situation needs early intervention, including guiding students to choose their field of study at the tertiary level. For example, there are more than 10,000 vacancies in the cybersecurity sector because not many students are interested in pursuing this field of study

As the country’s central bank noted in its 2018 annual report, there are more graduates in the country than there are jobs for them.

List of Courses with High Job Demand in Malaysia

The list of top courses with high job demand in future is to give students an idea of what courses they should consider so that they can have a successful career. The courses that have future high job demand can be grouped into the following job categories:

• Computing & Technology
  • Digital or IT-related jobs, including content creators, data scientists and IT professionals will continue to stay in demand for the next decade.
  • 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. By 2030, the number of global digital jobs is expected to rise to around 92 million. These are generally higher-paid roles, according to the Forum’s white paper, The Rise of Digital Jobs.
  • Worldwide IT spending is projected to reach a total US$5.1 trillion (RM24.2 trillion) in 2024, an increase of 8% from 2023, according to the latest forecast by Gartner.
  • In Malaysia, revenue in the IT Services market is projected to reach US$5.02bn in 2024. IT Outsourcing dominates the market with a projected market volume of US$1.88bn in 2024. Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 9.05%, resulting in a market volume of US$7.10bn by 2028. (Statista)
  • 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.
  • As Malaysia embraces the digital revolution, certain industries are emerging as key drivers of talent demand. The cybersecurity sector is experiencing significant growth, with the allocation of RM60 million for a 5G cybersecurity testing framework in Malaysia. This has prompted companies to re-skill tech talent with transferable skills and expertise in data and cybersecurity. Another booming industry is e-gaming, which offers opportunities for game developers and 3D artists to advance their careers.
  • Cyber security engineers capable of executing security orchestration, automation and response (SOAR) will enjoy a leg-up over the competition. With big data continuing to play a pivotal role in providing cost-effective options in a wide range of use cases, organisations are cognisant of the need to be able to harness the amount of information available to them. Data Analysts proficient in AWS or Azure GCP remain highly coveted for this reason. As the qualification bar for technology talent rises, DevOps and Cloud Engineers continue to enjoy high demand across the industry, and candidates with a good balance of technical skills (Oracle ERP, Python, Java and R, Perl, Ruby etc) will be top picks.
• Banking & Financial Services

  

  • Skilled finance, banking & investment professionals are projected to remain in high demand in Malaysia’s accountancy & finance job market as employers grow their businesses and add more value for clients. Strong demand exists for qualified graduates in finance, banking & investment possessing critical thinking skills, innovative, interpersonal communication skills and a strong command of the English language.
  • The market for accounting and finance professionals in Malaysia remains strong with a demand for professionals with a combination of soft skills and robust technical expertise hold an edge in securing opportunities that align with their skill set.  With more companies mobilising job roles from Europe to Asia due to geopolitical instability, there will be an increased demand for professionals with a strong command of the English language as well as foreign languages.
  • In response to the growing emphasis on ESG practices within the sector, the hiring landscape has witnessed an intensified search for bankers specialising in risk management. This development aligns with Bank Negara Malaysia’s recent mandate requiring financial institutions to account for climate change factors when evaluating risk exposure.
  • Worldwide, digital banks have been growing in popularity among users for providing a seamless, trouble-free digital on-boarding process. This is especially true in Asia where a fifth of the world’s digital banks current predict, offering contemporary, cloud-driven architecture, exceptional user engagement, and a readiness to integrate their financial services into existing platforms to the tune of user engagement. This trend is set to continue in Malaysia, where 74 percent of Malaysians utilise digital financial services and 79 percent use digital payments. To promote financial inclusivity, Bank Negara Malaysia has awarded five digital banking licenses to applicants, the first of which was approved for operations in September 2023. This expanding blue oceana market is expected to result in an influx of job openings for adventurous candidate’s looking to break into the digital banking sector.
  • With companies recognising the importance of business continuity plans amid crises, a lot of focus will be placed on hiring for roles related to risk management, compliance, and business continuity planning. Hybrid roles combining finance and IT will be highly sought after, as organisations have recognised the value of collaboration for greater output and productivity.
• Business

  

  • HR leaders, therefore, have a significant impact on the businesses in which they operate. From payroll, benefits and training, to implementing talent attraction and retention strategies, the HR function is critical to ensuring that a company’s workforce is at its tip top condition to perform effectively and productively.
  • HR professionals whose expertise lie in learning and development, talent management, change management and transformation are an extremely sought-after breed, and especially so if such talent possess digital adoption or digital project management experience to boot. The heightened need for greater tech-savvy HR professionals is accelerated by initiatives such as the Malaysian government’s announcement to pump US$720 million into its “Industry Digitalization Transformation Fund”, in its endeavours to enhance its digital economy. A significant US$50 million of which would be used to help small and medium enterprises (SMEs) in their transition to Industry 4.0.’
  • Aptly observed in a Deloitte report, “HR has a critical opportunity to help lead the transformation to a digital enterprise. In the next several years, HR teams that embrace digital platforms to take up the dual challenge of transforming HR operations on the one hand, and transforming the workforce and the way work is done on the other, will be game changers. HR leaders who “lean into” new technologies, platforms, and ways of working… will be strongly positioned to have an impact on business results and employee experience.” The importance of the HR function to digitalise the modus operandi of businesses has never been more indisputable.
  • Another factor driving HR talent demand in Malaysia is the setup of regional HR Shared Service Centres (SSCs) in the country. Candidates who have specific experience in this area are therefore highly sought after. This trend will continue to grow due to the language capabilities of Malaysian talent, which makes the country an ideal location for MNCs to operate SSCs.
• Logistics & Supply Chain

  

  • As supply chains today are being revolutionised by emerging technologies, this has resulted in new growth areas such as e-commerce and last mile delivery markets. Hence, in tandem with this growth, the logistics industry
    has also been expanding rapidly in the country, especially in the Klang Valley area.
  • The Malaysia Freight And Logistics Market size is estimated at USD 27.81 billion in 2024, and is expected to reach USD 35.10 billion by 2029, growing at a CAGR of 4.77% during the forecast period (2024-2029).
  • The logistics industry in Malaysia has evolved in recent years. With the rise of e-commerce in the country, companies are capitalizing on this emerging trend. The interest of the companies in emerging areas, such as cold chain logistics, last mile delivery services, etc. is growing, due to the high margins and rising demand. The supply chain and logistics industry all around the world is facing shortages for both white and blue collared workers.
  • The economy of the country is expected to grow between 5% and 6%, driving the growth of the logistics industry further. As the growth of the logistics sector is expected to be positive in the future, there is a need for qualified professionals in Logistics, eBusiness and Supply Chain Management.
• Marketing & Communications

  

  • Marketing & Communications professionals are the backbone of the companies in promoting the products & services and bringing in the profits. Without them, there won’t be any money coming in.
  • Malaysian employers are eager to hire professionals who can contribute to their customer experience and digital marketing initiatives. The need for talent with top skills in the digital and traditional marketing space continues to be driven by technology. The evolution of skills changes from one year to the next, but it is the way that businesses utilise these skills to drive their talent and overall business forward that matters the most. Professionals with skill sets in specific areas of marketing, and the knowledge to give advice and insights on how to develop areas such as SEO, PPC, and CRM, will be in high demand.
  • New technologies have also revolutionised marketing and advertising, two industries that have maximised various online platforms to create more targeted and more efficient campaigns to reach customers. This has created a higher industry demand for tech talent. New possibilities online paved the way for Digital Marketing, which has become so effective that many companies have refocused their marketing efforts on the digital space. This has created more demand for Digital Marketing jobs such as Social Media Specialists, Data Analysts, and UX Designers.
  • Southeast Asian companies have been on the hunt for marketing talent, with Malaysia witnessing a 14% annual growth from 56 in 2018 to 64 in 2019. This was an improvement from the month of February, which saw a 9% year-on-year (yoy) dip in the demand for advertising and marketing talent in Malaysia. The data is according to the Monster Employment Index (MEI) which is a monthly gauge of online hiring activity across Singapore, Malaysia and the Philippines tracked by Monster.com
• Engineering

  

  • In the World Economic Forum (WEF) Future of Jobs 2023 report, investment in the green transition, as well as increasing consumer awareness of sustainability issues will create new opportunities. Roles from renewable energy engineers, solar energy installation and systems engineers to sustainability specialists and environmental protection professionals will be in high demand, translating to a growth of approximately one million jobs.
  • The engineer to population ratio for developed nations is 1:100. For Malaysia, with a population of 32 million, the number of engineers should be 300,000. At the end of 2022, there were around 187,900 engineers registered, according to the Board of Engineers Malaysia. This leaves the country’s engineer-to-population ratio at one to 170. This is lower than in developed countries such as Germany and France, where the ratio is at one to 100.
  • Currently, according to Board of Engineers Malaysia (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. Talent Corporation Malaysia (TalentCorp) stated that more than 1000 engineers are needed every year to meet industry demands.
  • Unveiled in late 2018, the National Policy on Industry 4.0, or Industry4WRD, will support the Engineering sector’s efforts to ramp up reliance on technology, and less on capital and manpower, to increase productivity – with the overall objective of transforming Malaysia into a
    strategic partner for smart manufacturing and high-tech industries.
  • Recognising the need for a future-ready and highly skilled engineering workforce to support this growth, the government intends to nearly double the number of skilled workers from 18% to 35% by 2025.
  • Plans have also been outlined for deeper investment in technical and vocational training as well as diploma and degree courses for students in engineering. Further, the development of a world class aerospace hub in Subang by Khazanah will lead to greater demand for highly skilled
    workers to meet the demands of the aerospace industry. As such, engineering talents that possess both technical knowledge and soft skills will continue to be sought after by employers across different industries
• Telecommunications
  • The telco industry is about to go through another milestone in 2023 as the highly anticipated rollout of 5G technology is set to improve internet speed and reliability all across Malaysia. This also means more industry demand for tech jobs. Malaysia’s technology outlook estimates around 39,000 new value-add jobs to be created by the eventual 5G implementation.
  • Among these new jobs would be 5G Network Engineers, who would help usher telco companies into their next phase of evolution. The increased network capacity will also lead to more innovations in the field of telecommunications, which would require more demand for Software Developers, Data Scientists, and Network Architects.
• Construction
  • Malaysia’s construction industry is one of the fastest-moving sectors and with major projects going on around the nation, the industry is not forecasted to slow down anytime soon.Malaysia’s construction industry is expected to grow by 6.6% in real terms in 2023, supported by the implementation of large-scale infrastructure projects, coupled with an improvement in foreign and domestic investment in the country. Demand for construction professionals are higher than ever with Malaysia currently facing a shortage of supply of these professionals.
  • According to the Malaysian Investment Development Authority (MIDA), the government approved 2,651 foreign investment projects worth MYR132.6 billion ($28.4 billion) in H1 2023 – which is 7.5% higher than that approved in the same period of 2022.
  • The construction industry is expected to continue its growth momentum by recording an annual growth of 4.4% in 2024, supported by allocations as part of the 2024 Budget announced by Prime Minister Anwar Ibrahim in October 2023. The budget includes a total expenditure of MYR393.8 billion ($89.8 billion) for 2024 – which is 1.5% higher than that of the 2023 Budget. This includes MYR303.8 billion ($69.3 billion) in operating expenditure and MYR90 billion ($20.5 billion) in development expenditure.
  • The construction industry is expected to register an annual average growth rate of 5.8% between 2025 and 2027, driven by investment in large-scale transport, industrial and renewable energy projects, coupled with the government’s aim of establishing the Public Private Partnership (PPP) 3.0 model – which is a specialized mechanism to fund infrastructure projects as part of 12th Malaysia (12MP) plan between 2021 and 2025.
• Creative Media

  

  • According to a report by World Bank Group’s Global Knowledge and Research Hub in Malaysia, the local creative content industry raked in revenue of RM7.9 billion from 2013 to 2017 while the animation sector for export reached RM132 million. Comparatively, the Asian animation industry was valued at US$52 billion in 2017 with most segments growing at up to 3% year on year. The report said there are more than 372 studios in Malaysia that are directly involved in various stages of development and production and are creating 11,150 jobs.
  • The Malaysian video games (or simply gaming) market is now valued at US$786 million (RM3.68 billion), making it the third largest in Southeast Asia
  • The Southeast Asia Game Industry Report 2021 shows that big names in the gaming industry are already helping to build a conducive production ecosystem in Malaysia. They include Bandai Namco of Japan, Sony Interactive Entertainment Worldwide Studios (SIE WWS) and Streamline Studios of the US, Belgian producer Larian Studios and British games developer Codemasters.
  • Malaysia already has its crop of successful games creators. One that has achieved international success is the “Simulacra” series, a detective-horror game developed and published by local developer Kaigan Games. Its three games in the franchise have won fans of the horror genre globally. Also on the list of games that have won an international following are “No Straight Road” by Metronomik and “Rhythm Doctor” by 7th Beat Games.
  • The Malaysian Investment Development Authority said in 2018 that the gaming industry contributed US$100 million (RM468 million) to Malaysia’s revenue and is predicted to expand at a 10.9% annual rate (CAGR 2018-2023), resulting in a market volume of US$168 million by 2023.
  • Malaysia is also ranked 21st in the world in terms of game income, with a total of US$633 million.
  • According to the Youth and Sports Ministry (KBS) Strategic Plan for Esports Development 2020-2025, the RM10 million stated in the Budget 2019 for the investment of esports was the first-ever annual budget announcement in South-East Asia (SE Asia) focused exclusively on the development of its kind.
  • Malaysia’s animation industry was valued at over $1.6 billion in 2020, with exports in the sector of more than $285 million, doubling numbers from 2014. Studios produced more than 65 original pieces of intellectual property which sold in more than 120 countries, creating nearly $40.5 million in export value.
  • To date, local animation studios have produced more than 65 original pieces of intellectual property, creating over US$40.5 million in export value while at the same time expanding their presence to more than 120 countries.
  • On the eGames sphere, the lead government agency in technology, MDEC, in its South-East Asia Game Industry Initiative report, said Malaysia, Thailand and Vietnam had game companies that were able to generate between US$5mil and US$10mil revenue per year.
  • Malaysia’s position at the head of the pack in Southeast Asia is largely due to the efforts of the Malaysia Digital Economy Corporation (MDEC), a government agency launched in 1996 that operates under the purview of the Ministry of Communications and Digital. The organization has served to unite the region’s digital industries – animation, video games, vfx, and digital media – and has been a catalyst for tremendous growth.
  • Meanwhile, the Communications and Multimedia Ministry has partnered with Sony Interactive Entertainment Worldwide Studios (SIE WWS) to establish the global games powerhouse’s very first South-East Asia studio in Malaysia next year. The partnership was a strong recognition of Malaysia as the heart of the games industry in this region. Sony Interactive Entertainment Worldwide Studios Malaysia Sdn Bhd (SIE WWS Malaysia) will provide art and animation services as part of the SIE WWS activities, developing global exclusive titles for PlayStation platforms.
• Hospitality & Tourism

  

  • A total of 330 million jobs are supported by the hospitality & tourism industry around the world, contributing 10 per cent, or US$8.9 trillion, to the global gross domestic product each year. Although the Covid-19 Pandemic has hit the hospitality & tourism industry badly, however, once it is over people will want to travel again and demand for hospitality & tourism professionals will once again rise in the next few years which means there would be jobs when you graduate.
  • According to Business Today, Malaysian Hospitality Sector saw a 59% growth in hiring in 2023. The foundit Insights Tracker (fit) for Malaysia, reveals that the Hospitality industry continued to dominate the job market in March 2023, with a YoY increase of 59%. The industry’s increased adoption of sustainable solutions has been key in driving hiring demand. The Hospitality and Retail industries continue to lead the way among the industries, showing steady growth. The Hospitality industry saw a remarkable YoY growth of 111%, driven by Malaysia’s booming tourism industry, which draws an increasing number of domestic and foreign tourists.
  • Malaysia’s hospitality and tourism industry has great potential to boost further, following the abundance of natural resources, well-diversified cultural and cuisines, modern infrastructure, and strategic location, added by the intensified efforts to improve safety and security in the country, including measures to curb intrusion and other threats.
  • In Malaysia, the hospitality and tourism sector make a substantial contribution, accounting for 6% of the country’s gross domestic product and constituting 23% of national employment, equivalent to 3.5 million jobs. It is the third-largest component within the service industry. Malaysia’s hospitality industry is renowned for its role in driving socioeconomic development and promoting job creation, serving as a significant catalyst for overall economic growth.
  • The Government has outlined several strategies in the 12th Malaysia Plan to re-energize the tourism industry (12MP). Among them are restoring tourist confidence in traveling safely in a post-pandemic world, as well as providing higher-quality products and services such as ecotourism and community-based cultural immersion activities that vividly depict the Malaysian experience. All branding and promotion efforts will focus on safety and hygiene. The government has also launched the National Tourism Policy (NTP) 2020 – 2030, a ten-year transformation plan for the tourism industry. The NTP was designed to place Malaysia among the top ten tourist destinations in terms of both arrivals and receipts. Smart tourism is one of the key strategies for remaining competitive far into the future.

Top Courses with High Job Demand in Future

Computing

• Computing
• Computer Science
• Software Engineering or Computer Programming
• Information Technology (IT) or Information Communications Technology
• Artificial Intelligence (Ai)
• Blockchain
• Business Information Systems (BIS)
• Cloud Computing
• Cyber Security
• Data Science or Data Analytics or Big Data
• Forensic Computing
• Game Design or Computer Games Development
• Internet of Things (IoT)
• Mobile Computing
• Network Computing

Banking & Financial Services

• Accounting
• Accounting & Finance
• Actuarial Science
• Finance
• Finance & Investment
• Financial Technology (Fintech)
• Banking & Finance
• Economics

Business

• Human Resource Management (HRM)
• International Business Management (IBM)

Logistics & Supply Chain

• Logistics
• Supply Chain
• eBusiness or eCommerce

Marketing & Communications

• Mass Communication
• Digital Marketing
• Branding & Advertising
• Broadcasting
• Media Studies
• Public Relations
  • Public Relations & Marketing
  • Public Relations & Event Management
• Marketing Communications
• Events Management

Engineering

• Engineering
• Chemical Engineering
• Civil Engineering
• Electrical & Electronic Engineering
• Telecommunication Engineering
• Mechanical Engineering
• Mechatronic Engineering
• Petroleum Engineering

Construction

• Architecture
• Civil Engineering
• Quantity Survey (QS)
• Construction Management

Creative Media

• Design
• Graphic Design
• Multimedia Design
• Fashion Design
• Product Design
• Interior Design
• 3D Animation
• Film, Broadcasting & Cinematic Arts
• Visual Effects
• Virtual Reality (VR) / Augmented Reality (AR)

Hospitality & Tourism

• Hotel Management
• Hospitality Management
• Culinary Arts
• Patisserie or Baking
• Tourism Management
• Events Management