Study at Top Private Universities in Malaysia Best for Banking, Finance & Investment to Achieve a High Salary

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Worldwide, the financial services sector records the highest earnings and drives a country’s economic growth.  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).

The role of the financial sector is envisioned to continue growing to be a key driver and catalyst of Malaysia’s economic progression. This sector is projected to be more competitive, dynamic, inclusive, diversified, and integrated, with the ability to offer world class financial services, in terms of breadth, depth and quality to serve the needs of Malaysia.

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.

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High Salary for Banking, Finance & Investment Professionals in Malaysia

Banking & Finance Salaries in Malaysia According to Robert Walters Salary Survey

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

Study at the Best Private Universities & Colleges in Malaysia for Top Rated 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

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 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.