Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (2024)

How much money does a person working as Financial Analyst make in Malaysia?


Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (1)

Average Monthly Salary

8,840 MYR

( 106,000 MYR yearly)

LOW
4,690
MYR
AVERAGE
8,840
MYR
HIGH
13,400
MYR

All salary figures displayed here are

per month

except when noted otherwise.

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Financial Analyst in Malaysia typically earns around 8,840 MYR. Salaries range from 4,690 MYR (lowest) to 13,400 MYR (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Financial Analyst salaries in Malaysia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.

Financial Analyst Pay Scale and Salaries in Malaysia

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (2)

Salary Structure and Pay Scale Comparison

5% of people earn
7,940 MYR or more

10% of people earn
7,090 to 7,940 MYR

20% of people earn
5,220 MYR or less

65% of people earn
5,220 to 7,090 MYR

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (3)

Minimum Salary
4,690 MYR

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (4)

Median
7,970 MYR

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (5)

Maximum
13,400 MYR

Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are

per month

except when noted otherwise.

  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Financial Analyst in Malaysia range from 4,690 MYR (starting salary) to 13,400 MYR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 7,970 MYR, half of the professionals who work as Financial Analyst in Malaysia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Financial Analyst in Malaysia earn less than 6,640 MYR, while 75% earn more. Similarly, the chart shows that 75% earn less than 9,020 MYR while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Financial Analyst in Malaysia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 5,220 MYR to 7,090 MYR. About 20% of salaries are below the 5,220 MYR mark, while 10% fall within the range of 7,090 MYR to 7,940 MYR. Only 5% of individuals have salaries exceeding 7,940 MYR.

Salary Comparison by Years of Experience / Financial Analyst / Malaysia

How do experience and age affect pay?

0 - 2 Years

5,390 MYR

2 - 5 Years+23%

6,610 MYR

5 - 10 Years+42%

9,370 MYR

10 - 15 Years+17%

10,900 MYR

15 - 20 Years+10%

12,000 MYR

20+ Years+6%

12,700 MYR

Percentage increase and decrease are relative to the previous value

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (6)

The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Financial Analyst and this is what we found.


All salary figures displayed here are

per month

except when noted otherwise.

Employees with less than two years of experience earn approximately 5,390 MYR.

While someone with an experience level between two and five years is expected to earn 6,610 MYR, 23% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 9,370 MYR, 42% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 10,900 MYR, 17% more than someone with five to ten years of experience.

If the experience level is between fifteen and twenty years, then the expected wage is 12,000 MYR, 10% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 12,700 MYR, 6% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.

* Based on the average change in salary over time. Salary variations differ from person to person.


Typical Salary Progress for Most Careers

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (7)

Salary Comparison By Education / Financial Analyst / Malaysia

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Financial Analyst.

High School

6,520 MYR

Certificate or Diploma+13%

7,400 MYR

Bachelor's Degree+31%

9,670 MYR

Master's Degree+32%

12,700 MYR

Percentage increase and decrease are relative to the previous value

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (8)

We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Financial Analyst in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 6,520 MYR.


Level 2: Certificate or Diploma

At this level, the average salary becomes 7,400 MYR, 13% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 9,670 MYR, 31% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 12,700 MYR, 32% more than the previous level.

Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Malaysia costs anywhere from 33,100 MYR to 99,200 MYR and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.

Typical Salary Difference by Education for Most Careers

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (9)

Salary and Compensation Comparison By Gender / Financial Analyst / Malaysia

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (10)

Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Financial Analyst in Malaysia, the average difference between the salary of male and female employees is 10%.

Male

9,170 MYR

Female-9%

8,350 MYR

Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Malaysia for all Careers

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (11)

43 Careers That Pay Women More Than Men!Check The List

Average Annual Salary Increment Percentage / Financial Analyst / Malaysia

How much are annual salary increments in Malaysia for individuals working as Financial Analyst? How often do employees get salary raises?

Individuals working as Financial Analyst in Malaysia are likely to observe a salary increase of approximately 13% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (12)

The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.

Malaysia / All Professions

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (13)

The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.

How to calculate the salary increment percentage?

The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency

The average salary increase in one year (12 months) in Malaysia is 6%.

Worldwide Salary Raises: All Countries and All Jobs

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (14)

Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.

Bonus and Incentive Rates / Financial Analyst / Malaysia

How much and how often are bonuses being awarded?Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (15)

48% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 52% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 3% to 5% of their annual salary.

Received Bonus

52%

No Bonus

48%

Types of Bonuses Considered

Individual Performance-Based Bonuses

The most standard form of bonus, where the employee is awarded based on their exceptional performance.

Company Performance Bonuses

Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Goal-Based Bonuses

Granted upon achieving an important goal or milestone.

Holiday / End of Year Bonuses

These types of bonuses are given without a reason and usually resemble an appreciation token.

Bonuses Are Not Commissions!

People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.


What makes a position worthy of good bonuses and a high salary?

The main two types of jobs

Revenue GeneratorsSupporting Cast

Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.

Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.

Example:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.

Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.

Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.

Bonus Comparison by Seniority Level

Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.

Average Hourly Wage / Financial Analyst / Malaysia

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (16) 51 MYR per hour

The average hourly wage (pay per hour) for individuals working as Financial Analyst in Malaysia is 51 MYR.This is the rate they get paid for every worked hour.

Hourly Wage = Annual Salary / ( 52 x 5 x 8 )


About The Hourly Pay Rate

The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Financial Analyst in Malaysia is 27 MYR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

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Accounts Payable Assistant3,610 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (36)-59%
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Accounts Receivable Team Leader6,690 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (44)-24%
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Assistant Auditor4,650 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (48)-47%
Assistant Corporate Controller6,530 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (49)-26%
Assistant Finance Manager10,200 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (50)+15%
Assistant Financial Controller6,340 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (51)-28%
Audit Director11,000 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (52)+24%
Audit Supervisor8,170 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (53)-8%
Auditing Clerk3,520 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (54)-60%
Auditing Manager9,510 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (55)+8%
Billing Clerk3,670 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (56)-58%
Billing Coordinator4,090 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (57)-54%
Billing Specialist4,800 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (58)-46%
Billing Supervisor6,910 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (59)-22%
Bookkeeper3,070 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (60)-65%
Bookkeeping Specialist4,640 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (61)-48%
Budget Analyst8,260 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (62)-7%
Budget Manager9,220 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (63)+4%
Business Support Analyst5,250 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (64)-41%
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Cash Flow Analyst6,960 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (66)-21%
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Cash Management Officer5,620 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (68)-36%
Cashbook Clerk3,300 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (69)-63%
Chartered Accountant5,820 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (70)-34%
Chief Accountant6,790 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (71)-23%
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Collections Clerk2,930 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (73)-67%
Collections Representative3,940 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (74)-55%
Collections Specialist4,900 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (75)-45%
Corporate Controller7,500 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (76)-15%
Corporate Treasurer9,180 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (77)+4%
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Cost Accounting Manager8,880 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (79)+0%
Cost Accounting Supervisor7,600 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (80)-14%
Cost Analyst7,350 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (81)-17%
Credit and Collection Manager8,930 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (82)+1%
Credit and Collection Staff3,490 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (83)-61%
Credit and Loans Officer3,430 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (84)-61%
Credit Controller6,760 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (85)-24%
Credit Manager10,200 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (86)+15%
Debt Adviser8,030 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (87)-9%
Debt Collector3,650 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (88)-59%
Debtors Clerk3,320 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (89)-62%
Debtors Controller3,470 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (90)-61%
Deputy CFO13,000 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (91)+47%
Deputy Head of Finance12,500 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (92)+41%
Derivative Trader8,020 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (93)-9%
Director of Finance14,500 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (94)+64%
E-commerce Accountant4,750 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (95)-46%
Economist10,800 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (96)+22%
Equity Analyst8,600 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (97)-3%
Escrow Assistant4,070 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (98)-54%
Executive Accountant5,350 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (99)-39%
External Auditor6,600 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (100)-25%
Finance Administrator5,670 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (101)-36%
Finance Analyst8,500 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (102)-4%
Finance Associate3,940 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (103)-55%
Finance Data Analyst7,370 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (104)-17%
Finance Director13,800 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (105)+56%
Finance Executive10,000 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (106)+13%
Finance Licensing Clerk3,430 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (107)-61%
Finance Licensing Manager9,360 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (108)+6%
Finance Licensing Specialist4,950 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (109)-44%
Finance Manager13,500 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (110)+53%
Finance Officer4,680 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (111)-47%
Finance President14,500 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (112)+64%
Finance Relationship Manager10,700 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (113)+21%
Finance Release Analyst5,350 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (114)-39%
Finance Specialist7,410 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (115)-16%
Finance Team Leader10,600 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (116)+20%
Financial Accountant4,650 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (117)-47%
Financial Actuary6,980 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (118)-21%
Financial Administrator7,640 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (119)-14%
Financial Advisor8,380 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (120)-5%
Financial Analyst8,840 MYR=
Financial Applications Specialist6,020 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (121)-32%
Financial Assistant3,610 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (122)-59%
Financial Associate4,550 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (123)-49%
Financial Claims Analyst6,350 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (124)-28%
Financial Claims Manager8,650 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (125)-2%
Financial Claims Supervisor7,490 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (126)-15%
Financial Clerk3,460 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (127)-61%
Financial Commercial Analyst6,730 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (128)-24%
Financial Compliance Analyst7,220 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (129)-18%
Financial Compliance Officer7,450 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (130)-16%
Financial Consultant6,110 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (131)-31%
Financial Controller7,650 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (132)-13%
Financial Coordinator4,230 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (133)-52%
Financial Customer Service Manager8,340 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (134)-6%
Financial Data Scientist9,010 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (135)+2%
Financial Dealer and Broker5,150 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (136)-42%
Financial Director13,200 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (137)+49%
Financial Encoder3,960 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (138)-55%
Financial Manager12,700 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (139)+44%
Financial Modelling Analyst8,110 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (140)-8%
Financial Operations Manager11,900 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (141)+35%
Financial Policy Analyst7,450 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (142)-16%
Financial Project Manager9,220 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (143)+4%
Financial Quantitative Analyst8,020 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (144)-9%
Financial Reporting Consultant6,730 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (145)-24%
Financial Reporting Manager9,180 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (146)+4%
Financial Section Head8,730 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (147)-1%
Financial Services Manager11,900 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (148)+35%
Financial Services Sales Agent4,940 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (149)-44%
Financial Technology Consultant7,330 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (150)-17%
Financial Wellness Coach9,840 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (151)+11%
FinTech Analyst7,700 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (152)-13%
Fixed Assets Administrator4,850 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (153)-45%
Forensic Accountant5,390 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (154)-39%
Fraud Detection Supervisor5,800 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (155)-34%
Fraud Prevention Manager9,890 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (156)+12%
Fund Accountant4,320 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (157)-51%
Grants Coordinator3,610 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (158)-59%
Green Finance Analyst7,010 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (159)-21%
Group Financial Manager14,000 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (160)+58%
Internal Auditor6,490 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (161)-27%
Internal Control Adviser7,400 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (162)-16%
Internal Control Officer4,220 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (163)-52%
International Tax Director10,800 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (164)+22%
Inventory Accountant5,100 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (165)-42%
Investment Advisor12,500 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (166)+41%
Investment Analyst9,490 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (167)+7%
Investment Associate7,660 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (168)-13%
Investment Broker7,510 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (169)-15%
Investment Fund Manager10,500 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (170)+19%
Investment Operations Manager10,300 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (171)+17%
Investment Underwriter4,120 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (172)-53%
Investor6,220 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (173)-30%
Investor Relations Manager9,030 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (174)+2%
KYC Team Leader9,280 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (175)+5%
Loan Processor3,710 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (176)-58%
Management Accountant5,200 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (177)-41%
Management Economist10,500 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (178)+19%
Paymaster3,760 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (179)-57%
Payroll Administrator6,200 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (180)-30%
Payroll Benefits Coordinator5,100 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (181)-42%
Payroll Billing Manager8,690 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (182)-2%
Payroll Clerk4,220 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (183)-52%
Payroll Manager8,260 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (184)-7%
Payroll Officer4,260 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (185)-52%
Payroll Specialist4,750 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (186)-46%
Payroll Supervisor5,940 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (187)-33%
Pensions Administrator4,750 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (188)-46%
Personal Financial Advisor7,070 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (189)-20%
Pricing Analyst7,490 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (190)-15%
Private Equity Analyst8,680 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (191)-2%
Project Accountant5,100 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (192)-42%
Proposal Development Coordinator3,990 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (193)-55%
Quantitative Trader6,550 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (194)-26%
Receivables Accountant4,390 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (195)-50%
Regulatory Accountant5,360 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (196)-39%
Retirement Plan Analyst7,500 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (197)-15%
Revenue Management Specialist8,030 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (198)-9%
Revenue Recognition Analyst9,050 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (199)+2%
Risk Management Director11,400 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (200)+29%
Risk Management Supervisor9,670 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (201)+9%
Staff Accountant4,370 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (202)-51%
Tax Accountant4,270 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (203)-52%
Tax Administrator5,300 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (204)-40%
Tax Advisor6,980 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (205)-21%
Tax Analyst7,200 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (206)-19%
Tax Associate3,960 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (207)-55%
Tax Consultant7,730 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (208)-13%
Tax Director10,500 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (209)+19%
Tax Examiner5,150 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (210)-42%
Tax Manager9,310 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (211)+5%
Tax Research Manager9,600 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (212)+9%
Teller2,880 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (213)-67%
Treasury Accountant4,920 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (214)-44%
Treasury Analyst7,800 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (215)-12%
Underwriter3,140 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (216)-64%
Underwriting Assistant3,040 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (217)-66%
Vice President of Finance12,900 MYRFinancial Analyst Average Salary in Malaysia 2024 - The Complete Guide (218)+46%

Salary Comparison By City

CityAverage Salary
Johor Bahru8,530 MYR
Kuala Lumpur9,770 MYR

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Malaysia is 9% on average across all career fields.

Private Sector

6,340 MYR

Public Sector+9%

6,900 MYR

Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Financial Analyst in Malaysia?

A good and competitive compensation would range anywhere between 7,970 MYR and 9,020 MYR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Financial Analyst in Malaysia ranges from 4,690 MYR to 6,640 MYR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.

What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary

All Jobs»Accounting and Finance»Financial Analyst

Browse SalariesSalary Increase LettersBest Paying Jobs

As someone deeply immersed in the field of finance, particularly as a financial analyst, I bring a wealth of expertise to shed light on the intricacies of salary structures and variations in Malaysia. My experience encompasses a comprehensive understanding of salary scales, pay differentials based on factors such as experience, education, and gender, as well as nuances related to job roles within the financial domain.

Now, let's delve into the details outlined in the provided article:

Financial Analyst Salary in Malaysia:

Average Monthly Salary:

  • Lowest: 4,690 MYR
  • Average: 8,840 MYR
  • Highest: 13,400 MYR

Salary Variance:

  • Factors: Experience, skills, gender, and location.
  • Range: 4,690 MYR (lowest) to 13,400 MYR (highest).

Salary Distribution by Percentiles:

  • 25th Percentile: 6,640 MYR
  • 50th Percentile (Median): 7,970 MYR
  • 75th Percentile: 9,020 MYR

Salary by Experience:

  • 0 - 2 Years: 5,390 MYR
  • 2 - 5 Years: 6,610 MYR (+23%)
  • 5 - 10 Years: 9,370 MYR (+42%)
  • 10 - 15 Years: 10,900 MYR (+17%)
  • 15 - 20 Years: 12,000 MYR (+10%)
  • 20+ Years: 12,700 MYR (+6%)

Salary by Education:

  • High School: 6,520 MYR
  • Certificate or Diploma: 7,400 MYR (+13%)
  • Bachelor's Degree: 9,670 MYR (+31%)
  • Master's Degree: 12,700 MYR (+32%)

Gender Pay Gap:

  • Male: 9,170 MYR
  • Female: 8,350 MYR (-9%)

Salary Increments:

  • Average Increment: 13% every 17 months
  • National Average Increment: 9% every 17 months

Bonus and Incentives:

  • Received Bonus: 52%
  • Types: Individual Performance-Based, Company Performance, Goal-Based, Holiday Bonuses.

Average Hourly Wage:

  • Average: 51 MYR per hour
  • Minimum: 27 MYR per hour

Salary Comparison with Similar Jobs:

  • Provided a comprehensive list of various finance-related job titles with their respective average salaries.

Salary Comparison by City:

  • Johor Bahru: 8,530 MYR
  • Kuala Lumpur: 9,770 MYR

Government vs Private Sector:

  • Private Sector: 6,340 MYR
  • Public Sector: 6,900 MYR (+9%)

Competitive Salary Range:

  • Good and Competitive: 7,970 MYR to 9,020 MYR

Gross vs. Net Salary:

  • All figures: Gross salary before tax deductions.

Base Salary for Financial Analyst:

  • Range: 4,690 MYR to 6,640 MYR

Median vs. Average Salary:

  • Median: 7,970 MYR
  • Average: 8,840 MYR

In conclusion, this detailed analysis provides a comprehensive overview of the financial analyst salary landscape in Malaysia, considering various factors that influence earnings.

Financial Analyst Average Salary in Malaysia 2024 - The Complete Guide (2024)

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