30 Jobs With Future High Demand & Salaries In Malaysia

These roles are less to do with “administrative management” and more to do with your ability to be an agent of change through the effective deployment of technology. When consulting on leveraging business benefits out of IT, senior roles here can earn an average of RM120,000 per annum. Vacancy statistics are showing around 1,500 such positions available on Jobstore.com. The average monthly salary of the three remaining top jobs in this category ranged from RM10,500 to RM12,500.

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. Randstad 2020 Market Outlook & Salary Snapshot reports that a Software Developer with 3 – 5 years experience earns between 6,000 – 12,000 a month.

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Malaysia government’s focus was also in line with its efforts to meet the challenges of the Industrial Revolution 4.0 (IR 4.0) that requires highly skilled human capital. More new job opportunities would emerge as the digital revolution unfolded, and cited the World Economic Forum’s estimate that 65% of the workforce will work in the yet to be created job sector because it requires digital skills. Email, video conferencing, and cloud sharing are now the norm and millions of people now work in the gig economy, rather than on structured payrolls. But perhaps the greatest debate about the future of work is centered on automation, artificial intelligence, and robotics, and their potential effects on jobs. We opened our first office in Asia in 1994, and have developed our presence into many of the main business hubs in the region since then.

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. 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.

This comprehensive survey report provides fresh insights and market sentiment for the hiring market in key industries. The article on the “Top 10 Highest Paying Jobs in Malaysia 2021 by Michael Page” is to serve as a guide to students in wanting to choose a course that has high job demand and salary. The articles have been carefully collated by EduSpiral Consultant Services are to show facts and evidences for students to make an objective decision in choosing the right course and career that would change your future. Insurance – be it life and health, or mortgage and credit – is an important source of revenue for banks. This is probably why, even within the financial services sector, a Senior Insurance Manager can expect to be exceptionally well-compensated, taking home an average salary of RM390,000 a year. An essential function that helps bring in revenue, a company’s sales team plays a critical role in practically any entity, as they must meet projected sales targets to ensure the company remains in the black.

Manager level ranges from RM120,000 to RM180,000 while a Director is RM250,000 to RM300,000 a year. 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. Corporate banking / Global Wholesale Banking / Investment Banking are expected to earn RM11,000 to RM48,000 a month. 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 theAccounting,Banking,Economics,Finance,Insuranceand Statistics and Taxation sub-sectors.

Actuarial science graduates are reported to be critically in need in major industries for their skills in statistics and data analysis. Since they play an integral part in our day-to-day lives, the demand for engineers in every industry is perpetual. In a fast-growing economy, engineering job opportunities in Malaysia are aplenty. The pay differs according to your level of experience and how well you perform in your interviews. Another desired engineering job in the pharmaceutical industry, biomedical engineers work to advance medical research.

In a research, commissioned by the Ministry of Women and Family and Community Development, it was found that there was very little variation in CGPA between employed and unemployed graduates. This explains why the overall academic performance did not affect the chance of becoming employed graduates. On the other hand, graduates who had higher English proficiencies were employed compared to unemployed graduates. Last year, 189,543 out of 330,557 graduates managed to get a job six months after they graduated. Furthermore, 41,161 out of 330,557 graduates from 2019 are still unemployed.

With only 100 qualified actuaries in Malaysia, the market for actuaries can perhaps still be considered unsaturated. Randstad 2020 Market Outlook & Salary Snapshot reports that a cloud engineer with 3 – 5 years experience earns RM8,000 -RM12,000 monthly while a cloud architect with 5 – 8 years experience expects RM14,000 – RM22,000 a month. Michael Page Salary Benchmark 2020 reports that an IT Security Engineer in the Technology & Telecommunications Sector earns from RM72,000 to RM108,000 a year while a Senior IT Security Specialist is expected to earn RM108,000 to RM144,000. Randstad 2020 Market Outlook & Salary Snapshot reports that a data engineer with 4 – 6 years experience earns RM7,000 – RM12,000 a month while a big data architect with 5 – 10 years experience expects RM14,000 – RM22,000. Specialist Recruitment Firm, Michael Page, in their 2020 Salary Report states that a Chief Technology Officer in the Technology & Communications industry can command a salary range from RM245,000 to RM450,000 a year. An IT Support Officer will earn RM48,000 to RM78,000, IT Security Engineer RM72,000 to RM108,000 and a Senior IT Security Specialist RM108,000 to RM144,000 yearly.