Top 20 High-Paying Jobs in Malaysia in 2022 (With Salary)
Workclass.co, Top 20 High-Paying Jobs in Malaysia in 2022 - The pandemic has an impact on almost all aspects of life. As we all may have seen, there are changes in the school system, transportation system, even work system. The change is also a response to adapt to the pandemic situation. It is an undeniably inevitable tragedy but still, solutions must be figured out so we all can survive the current situation and come out alive.
On the other hand, the technology department keeps growing and solves obstacles that restrain the human's life sustainability. Technology has also proven to give great contribution to tackle the pandemic situation. Hence, pandemic and technology can affect the job market.
In Malaysia, pandemic and technology also affected the job market. Two years later, in 2022, the job market is getting better, slowly but surely. Though pandemics have a big impact, some of the high paying jobs aren't always related to the pandemic issue. These are the top 20 highest paying jobs in Malaysia you can consider if you want to make the most out of the current situation.
1. Information Technology (IT) Specialists
IT department is a big deal in the job market in this decade and is considered one of the highest paid jobs. IT department remains the same even during the hardship of such a current situation called pandemic. Many companies need people who are capable in IT for the company, so they hire more people for this job. As a result, the jobs in this field usually get paid quite well.As for the IT specialists, they are responsible for the implementation, monitoring, and maintenance of IT systems. This job requires strong analytical skills, familiarity with different operating systems, such as Windows, macOS or Linux, and proficiency in one or more programming languages. If you are interested in becoming IT specialists, you must enroll in a major or courses that support the knowledge such as IT and Computer Science. As this job tends to require specific skills and a decent educational background, the average salary for IT Specialists in Malaysia in 2022 is RM 68,243 per year according to Payscale.com.
2. Programmer or Software Engineer
A programmer's task is to write code for computer programs and mobile applications. They also have responsibilities such as maintaining, debugging, and troubleshooting systems and software to ensure that everything is running smoothly.Software engineer's duty is to focus on applying the principles of engineering to software development. They analyze and modify existing software as well as designing, constructing, and testing end-user applications that meet user needs. In conclusion, software engineer's work requires extensive training for software programming languages and an engineering minimum qualification. The two jobs are one of the top jobs in Malaysia that can give you both a high salary and high chance to be hired if you're qualified for the job. That's why taking a major and courses related to these two jobs will be the most suitable choice if you want to be a programmer or software engineer. The two recommended courses or majors to become a programmer or software engineer are Computer Science or Software Engineering. According to Malaysia Indeed.com, the average monthly salary for a programmer in Malaysia is RM 3,109 per month in 2022. Meanwhile from the same source, software engineers get paid a thousand higher. Engineering average salary RM 4,484 per month in 2022.
3. Data Scientists/Analysts/Engineer
People who work as data scientists, analysts, or engineers have the similarity of working with data. Their job description can be depended on the tasks given by the company. Generally, their responsibilities are utilizing their analytical, statistical, and programming skills to collect, analyze and interpret large data sets.The major to choose if you are interested in working as data scientists, analysts, or engineers are Data Science, Data Analytics, Computer Science, or Artificial Intelligence (AI). If you have completed courses related to this field, you may apply as well even if you're not majoring in one of the mentioned majors. Data scientists or Analysts in executive positions have a high job demand as most companies needs people who are experts in this field. Lastly, according to Payscale.com, the average salary range for this job in Malaysia in 2022 is RM 58,205 per year.
4. Financial Technology Specialists
People working as financial technology specialists are responsible for providing financial services using software and technology. The required skills to work in this field are programming skills, expert in blockchain and distributed ledger, machine learning, AI, deep learning, cyber security expertise in which for this one will be elaborated in the next point.To be a financial technology specialist, you can choose to study Financial Technology, Computer Science, Software Engineering, Mobile Computing, IT, and AI. As the Finance Director, you are the lifeblood of the company, and as a result, you are well compensated. According to the same source as above, the average salary of this job in Malaysia in 2022 is RM 54,298 per year. The salary of a Chief Executive Officer, a Chief Financial Officer and a Chief Operating Officer usually ranges from RM300,000 to RM620,000 a year, in industries as diverse as Banking & Financial Services, Business Services, Digital & Technology, Engineering & Manufacturing, and Healthcare & Pharmaceutical.
5. Cyber Security
As mentioned above, cyber security is also one of the highest paying jobs in Malaysia that pays the employee a good salary. Though it seems like a specific job, it also demands specific skills that not many people have. The combination between demanding specific skills and how this job is needed in most companies make this one of the high salary jobs that can give a good pay for the employees.The responsibility of cyber security is to safeguards information system assets by identifying and solving both potential and actual security problems. The major you can choose if you are interested is Cyber Security, Computer Security, Computer Science, or Software Engineering. The average salaries for cyber security in Malaysia is RM 40,851 per year.
6. Artificial Intelligence (AI)
AI is another job that requires specific skills in which the employers would pay a high salary to hire one. The responsibility of an AI engineer is developing intelligent algorithms capable of learning, analyzing, and predicting future events. Their role is to create machines capable of reasoning like the human brain.The major to choose is Computer Science or Computer Science with specialization in AI. As this specialization is quite rare, the monthly average salary is high. The average salary of an AI engineer in Malaysia can reach RM 115.000 per year.
The responsibility of a blockchain developer is to secure digital transactions by creating systems to record and store blockchain data in a way that prevents changes or hacks. The major you can choose are Computer Science, Fintech, or Blockchain. The salary is relatively similar to other jobs related to IT but slightly lower and it depends on which company that hires you.
Read More: How Many Part-Time Jobs Can I Have?
8. Cloud Computing
Cloud computing has become one of the most in-demand skills globally, particularly due to the pandemic situation. According to research done by LinkedIn in 2020 Workplace Learning Report'', cloud computing is the second most important hard skill employers require after blockchain technology.
The role of people working in cloud computing is responsible for the design, planning, and management of the cloud infrastructure. This job is needed in most industries and many companies. The major that you can choose if you want to work in cloud computing are IT and Cloud Computing. The average salary for this job in Malaysia is RM 127,000 per year.
9. Mobile App Developer
The mobile app developers work on operating systems such as iOs and Android, they take into account UI and UX principles when creating applications. Their job is using programming languages and development skills to create, test, and develop applications on mobile devices.
The major you can choose other than Computer Science is also Mobile Computing. Since a Mobile Computing major is not quite common or available in many universities, you can choose Computer Science. The average salary for this job in Malaysia is RM 40,955 per year.
10. Database Administrator
The responsibility of people working as database administrator is to ensure that the data they're working on remains consistent across the database. The tasks such as monitoring system performance and identifying problems that arise, responding in a timely manner to user-reported errors, and protecting the database against threats or unauthorized access.
If you are interested in this job, you can enroll in an education institution that provides Information Systems or Business Information Systems majors. The average salary for this job in 2022 is RM 52,843 per year.
11. Network Administrator
A network administrator's role is to ensure the stable operation of the computer networks. The tasks include planning, developing, installing, configuring, maintaining, supporting, and optimizing all network, software, and communication links. If you're not interested in this job, it's likely hard to understand what this job is about. But, if you are interested, the major you can choose is Network Computing or IT. The average salary of this job in Malaysia is RM 40,775 per year.
Actuary is a person with expertise in the fields of economics, statistics and mathematics, who helps in risk assessment for an insurance business. Their responsibility is to analyze the financial costs of risk and uncertainty.
If you are interested in actuaries, you can choose to major in Actuarial Science. In Malaysia, you can get certification through Institute and Faculty of Actuaries (IFoA) or Society of Actuaries (SOA). Considering this job is in-demand in Malaysia, the average salary is RM 55,000 per year.
Most of you probably have known that an accountant is needed in every work field. Their responsibility is to help businesses make critical financial decisions by collecting, tracking, and correcting the company's finances. They usually have obligations on financial audits, reconciling bank statements, and ensuring the accuracy of financial records throughout the year.
The major you can choose if you are interested in becoming an accountant is Accounting and Finance or Accounting. The average salary of an accountant in Malaysia can reach RM 50,022 per year depending on the company.
14. Financial Analysts/ Managers/ Directors
The similarity of this job title is that analysts, managers, and directors are working in the finance field. Finance Malaysia is known for its innovation in the financial sector, especially in Islamic banking and finance. In order to work for them, you may choose majors related to economy, business, and administration. There are Banking and Finance, Accounting, Economic, and Business Administration. Working closely with finance and logistics teams, procurement departments have to manage costs, maximise resources and negotiate supplier contracts.Usually, the financial directors receive higher salaries compared to the analysts. The hierarchy from the higher one are directors, managers, to analysts. The average salary of a financial analyst in Malaysia is RM 48,432 per year, so managers and directors receive higher salaries.
Working in a bank is known to receive a high salary. The responsibility of bankers may vary depending on their position and job title. Generally, their main job is to give financial advice to clients, especially on matters related to savings, investments, loans, and securities.
Other than responsibility, position and job title also affect their salary. The more important the position, the bigger salary they receive. The average salary they receive is RM 68,000 per year.
16. Managers of Digital Marketing or Social Media Marketing
Digital marketing and social media marketing have almost similar job descriptions but they hold different responsibilities. Digital marketing is responsible for helping maintain a brand by working on marketing campaigns. While social media marketing is responsible to build and execute social media on the audience as well as optimizing company pages within each social media platform. In fact, they work side by side.
You can choose majors like Communication Science, Public Relations, Marketing Management, or take courses if you are interested in this job but choose a different major because that option is also available. The average salary for this job is RM 77,220 per year.
17. Quantity Surveyor
Quantity surveyor is responsible for managing all aspects of the contractual and financial side of construction projects. The recommended major or course if you are interested in this job is Quantity Survey or Architect. The average salary of this job is RM 39,661 per year.
To become an architect, you must take an architecture major. An architect designs structures such as houses, apartment complexes, shopping centers, office buildings, and factories. They also ensure the structures will actually be functional, safe, economical, and suit the needs of the clients. The average salary of an architect in Malaysia is RM 44,487 per year.
Engineers are in-demand jobs because there's major infrastructure development underway in Malaysia. The engineer to population ratio for developed nations is 1:100. It means they are needed in every industry and work field. There are many fields that hire engineers and the salary may vary. For example, the average salary of a mechanical engineer in Malaysia is RM 42,260 per year. Here several engineering fields that give high salary in Malaysia:
- Electrical and Electronic Engineer
- Telecommunication Engineer
- Mechatronics Engineer
- Mechanical Engineer
- Civil Engineer
- Chemical Engineer
20. Human Resource Managers
If you are interested in becoming a human resource manager, you can choose to study Business Administration, Psychology, and Human Resource Management. Their job is coordinating all administrative activities related to an organization's personnel. For example developing recruitment strategies, implementing systems for managing staff benefits, payroll and behavior and onboarding new employees.
This job is also one of those that is usually needed in all work fields. Unsurprisingly, the average salary is relatively high with RM 75,977 per year because of the demand and the qualifications needed to fill this job.
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