Best Engineering Courses to Study in Malaysia that has High Job Demand

Study an Engineering Course that has Future High Job Demand in Malaysia

When deciding on an engineering career path it is very difficult to know whether your chosen industry will continue growing, become oversaturated or even become obsolete because of technological advancements. It is clear that the trend is towards information technology and automation and this is set to remain the case for the foreseeable future. Traditional fields such as civil and petroleum engineering are still in high demand, but the fastest growing fields are those in the IT related areas. This article aims to list some of the engineering jobs that are most in-demand in future for Malaysian students to consider.

Engineering covers many different types of activity. Engineers make things, make things work and make things work better. They also use their creativity to design solutions to the world’s problems and help build the future. A career in engineering is fulfilling if you have chosen the right engineering field to study.

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The Most In-Demand Engineering Courses with Future High Job Demand in Malaysia

Mechatronic Engineering at Asia Pacific University (APU)
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Vincent Hoy, Graduated from Mechatronic Engineering at Asia Pacific University (APU)

The world will always need engineers, but some specialized fields are growing faster than others. As the population ages, environmental policy changes, and automation takes over more and more aspects of manufacturing, the world needs qualified and experienced engineers to design, develop, test, and implement new strategies to meet the challenges of technological advancements.

In order for the country to become a developed nation, the engineer to population ratio must be 1:100. For Malaysia, with a population of 32 million, the number of engineers should be 300,000. Surprisingly, based on the Education Ministry’s statistics from 1997 to 2020, the average number of engineers produced per year by the local institutions of higher learning, excluding graduates from international universities is about 16,000. The cumulative total of all engineers produced from 1997 to 2020 is estimated to be about 400,000. The number of engineers may be currently surplus for Malaysia.

Engineers are professionals with a degree qualification recognised by the Washington Accord for Engineers and are regulated and registered by the Board of Engineers Malaysia (BEM).

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. As at February 2020, BEM’s registered Graduate Engineers and Professional Engineers stand at 137,073.

Unfortunately, the reality is that only 35% of the graduate engineers (GE) registered with the Board of Engineers Malaysia (BEM). BEM is owned by the Malaysian government to administer the registration of PE. Although according to Malaysia’s law through the Registration of Engineers Act 1967 (Revised 2015), all practising engineers must be registered with the BEM as GE to work as an engineer legally. According to the statistic published by BEM in February 2020, only 10% out of 142,000 registered Graduate Engineer (GE) successfully obtained the certification as Professional Engineer, which is less than 4% of all engineers in Malaysia.

At least five most common engineering fields run the country today, which are mechanical, chemical, electrical, electronic, and civil engineering. Civil engineering shows the highest number of registered Graduate Engineer followed by mechanical, electrical, electronic, and chemical engineering.

More than 50% of the total registered Graduate Engineer have been upgraded into Professional Engineer for at least two engineering disciplines which are civil and electrical engineering.

For mechanical engineering, the number of Graduate Engineer converted into Professional Engineer is slightly less at about 40%. The least amount of converted Graduate Engineer into Professional Engineer status is demonstrated by chemical and electronic engineering.

Job Demand for Engineers in Malaysia

The 5-year centralised economic development plan, known as the Malaysia Plan, will be one of the keys to driving the construction sector up to pace again. The government has plans to expand and modernise the public infrastructures within the country. In December 2020, the government approved a 2021 budget worth RM322.5 billion (US$73.3 billion). 73.3% for operational expenditure, 21.4% towards development expenditure and the balance of 5.3% to tackle the Covid-19 pandemic.

As the East Coal Rail Line aims for completion in 2027, others projects continue to boost Malaysia’s construction sector. These include the Mass Rail Transit 2, Light Rail Transit 3, Electrified Double Track Gemas-Johor Bahru, Klang Valley Double Track Phase 2, Pan Borneo Highway and Coastal Highway.

With projects underway, there is a surge in demand for skilled labour workers within the property and construction industry.

In addition, the surge in telecommunications and internet usage skyrocketed. Virtual meetings are the norm. Software such as Zoom and other communication platforms are now necessities. Wireless networks and fibre broadband are a must to keep operations and businesses running amidst this pandemic.

Ministry of Finance states that the Malaysian economy expects to rebound between 6.0% and 7.5% through its gross domestic product in 2021. And civil engineering will be the one spurring the recovery.

What are the Fastest Growing and In-Demand Engineering Jobs in Malaysia?

EduSpiral took me on a campus tour & gave in-depth information to help me decide. Eugene Ong, Electrical & Electronic Engineering at UCSI University
EduSpiral took me on a campus tour & gave in-depth information to help me decide.
Eugene Ong, Electrical & Electronic Engineering Graduate

Engineering plays a key role in supporting the growth and development in Malaysia’s economy as well as in improving the quality of life. As such, there is an important link between a country’s engineering capacity and its economic development. However, the extent to which engineering can aid development is also dependent upon government’s commitment of finances and resources required for infrastructure projects. By investing in infrastructure, such as transport, bridges, dams, communication, waste management, water supply and sanitation as well as energy and digital infrastructure, countries can raise their productivity and enhance other economic variables. By having a well-developed transport and communications infrastructure for example, countries are better able to get goods and services to market and move workers to jobs. A strong communications network allows a rapid and free flow of information, helping to ensure businesses can communicate and make timely decisions. All of these infrastructure projects require engineers.

Here are the fastest growing, most in-demand jobs predicted for future:

1. Automation & Robotics Engineer

My mom contacted EduSpiral to ask his advise with regard to my results & where to study. He met us at the university to guide us and even obtained a partial scholarship for me. Ignatius, Mechatronic Engineering at Asia Pacific University (APU)
My mom contacted EduSpiral to ask his advise with regard to my results & where to study. He met us at the university to guide us and even obtained a partial scholarship for me.
Ignatius, Mechatronic Engineering at Asia Pacific University (APU)

Automation has been reducing jobs in key industries. Robots can perform tasks faster, cheaper, and more safely, and can perform repetitive tasks around the clock. There’s no going back from automation now—in fact, the field of robotics is only going to continue to grow. For job security, it’s a good idea for prospective engineers to position themselves within the automation industry.

Automation and robotics engineers are responsible for creating, developing, testing, and putting automated systems into place.

Robotic systems are already good at performing menial repetitive tasks that don’t require the dexterity and attention to detail provided by a human worker. However, with constant advances in computing, energy storage and materials, robots are beginning to move from single arm welding and assembly robots to complex humanoid machines.

A good example of this is the Boston Dynamics robot. A robotics engineer is involved in every aspect of the design, development, testing and implementation of robotic systems. Robotics engineers are typically either mechanical, electronics or mechatronic engineers. As we move ever-closer to an automated world, the only safe jobs are those within automation itself.

Courses that you should study:

2. Alternative Energy Engineer

I didn't know what to study after A-Levels. EduSpiral helped me to understand what I am good at as well as what's in demand for the future. Renee Tan, Mechanical Engineering at Heriot-Watt University Malaysia
I didn’t know what to study after A-Levels. EduSpiral helped me to understand what I am good at as well as what’s in demand for the future.
Renee Tan, Mechanical Engineering at Heriot-Watt University Malaysia

As alternative energy sources become more mainstream and their technology advances, the cost of creating and implementing solar and wind power has gone down. This, in turn, has helped to boost demand for people who work on developing new, more efficient green energy tech, as well as inspect, repair, and install existing tech.

Solar, wind, biofuels and geothermal energy are key players in powering the future with the two most prevalent renewable energy technologies being solar panels and wind turbines.

As solar panels reduce in price, the desire for them increases and they are being installed in more and more projects across the planet every year. It is estimated that within the next five years the need for photovoltaic engineers will be double what it is now, and this shows no sign of stopping as organisations seek to reduce their carbon emissions and find cheaper, more sustainable sources of energy.

With the Malaysian government target that 11% of all energy will come from renewables by 2020, the Solar industry is going through a major surge. The problem is that the new Solar plants are up to 50Mw in size (10 times bigger than what we currently have) and there are 460Mw of new projects already confirmed!

With local talent already in short supply candidates with Solar experience are being offered expat packages to return to Malaysia to work in the industry and many are looking to hire Civil Engineers and Electrical Engineers with transferable skills.

Alternative energy engineers can assemble and install solar panels and service wind turbines. Mechanical or electrical engineers can start out here, but may want to go for a Master’s degree in energy engineering, specifically.

Courses that you should study:

3. Civil Engineer

My friend introduced me to EduSpiral. He gave me all the information on Facebook & then met us at the Education Fair to guide us on how to choose the right university Lyngkaran, Engineering at Taylor's University
My friend introduced me to EduSpiral. He gave me all the information on Facebook & then met us at the Education Fair to guide us on how to choose the right university
Lyngkaran, Engineering at Taylor’s University

Civil engineering never goes out of style. It’s a very varied field with a lot of different branches, and, as the population grows and environmental policies adjust, there will always be a need for people to oversee infrastructure projects. This is another safe bet for people looking for a secure long-term prospect.

Civil engineers are responsible for overseeing road systems, sewage systems, and dams, among other things. With the increase in demand for alternative energy sources, there’s an equal increase in openings for civil engineers to handle the needed infrastructure for solar and wind farms, geothermal installations, and more. They will need to handle feasibility studies, impact studies, cost estimates, site inspection, and integration with existing infrastructure.

Another opportunity for civil engineers comes in the form of smart cities. With the public and private sectors both looking to embed technology more intuitively into infrastructure, this presents a flourishing of new cross-disciplinary opportunities for civil engineers to build their digital skills and play a vital role in revisiting urban structures to revolutionise the way cities operate.

There are various branches of civil engineering which make it difficult to saturate the market and it is therefore a great field to be in. The main civil engineering fields include: structural engineering, road/highway engineering and transportation engineering.

Courses that you should study:

4. Telecommunications Engineer

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I was confused about what to study & didn’t want to do what my dad was working as because he was so busy. My mum asked EduSpiral to advise me. He showed my that I am different from my dad & helped me to make the right choice.
Chong Han, Foundation in Engineering at Taylor’s University

According to the UN, in 2014 54% of the world’s population lived in urban areas. This is expected to increase to 66% by 2050, with the majority of the increase concentrated in Asia and Africa. In absolute terms, the urban population of the world grew from 746 million in 1950 to 3.9 billion in 2014. This figure is expected to surpass six billion by 2045.

This urbanisation will come with its own challenges and engineers will be involved in meeting the needs of growing urban areas, such as ensuring that there is adequate housing, water, sanitation, electricity and telecommunications.

Telecommunications is one of the most rapidly developing industry sectors globally. Mobile phones have become commonplace, optical fibres have improved long distance communications and digital techniques have made networks much more sophisticated. Communications are of vital importance to all people and all organisations

In addition, the arrival of 5G is expected to increase productivity and bring new products and services to market that have yet to be invented. Building on the foundation created by 4G LTE, 5G will dramatically increase the speed at which data is transferred across the network.

With the new opportunities brought about by this technology, 5G will create a highly competitive business environment across multiple industries. But it can only be built with the right skills and, as a result, many newly qualified engineers, technicians and 5G-ready engineers could find themselves being in very high demand over the next few years.

Courses that you should study:

5. Systems Software Engineer

Being in Sabah made it difficult for me to survey the universities in Peninsula. I found EduSpiral online and they provided detailed information & helped me with my application. They even took me around the university for a tour when I went to visit. Xavier Phang, Software Engineering Graduate from Asia Pacific University (APU)
Being in Sabah made it difficult for me to survey the universities in Peninsula. I found EduSpiral online and they provided detailed information & helped me with my application. They even took me around the university for a tour when I went to visit. Xavier Phang, Software Engineering Graduate from Asia Pacific University (APU)

While the world needs people to design and develop new ways to respond to environmental issues, an aging population, manufacturing, and our growing need for new, sustainable infrastructure, it also needs people to create the software that helps those things function. Every industry is increasing their dependence on technology, and the demand for software engineering has been increasing for years. That doesn’t look like it’s going to slow anytime soon. In fact, experts predict an increase of about 11% within the next few years.

Systems software engineers design, develop, and test operating systems. As more industries continue to update their technology, there will also be a need for network software. Network engineers are needed to oversee planning and implementing computer networks, while data science specialists are needed to analyze data and turn it into usable information.

Technology no longer operates just as a separate discipline but is integrated into all aspects of engineering design, planning, operations and maintenance. That could include the design and commercial production of digital devices and appliances, control systems for defence, power plants, aerospace and smart city infrastructure.

For wider engineering disciplines, digital engineers allow projects to make use of simulations, models, analysis and big data insights which support resource planning and costings, reduces wastage and allows projects to come to life for the client as early as possible with richly detailed computer-aided design.

this means that if you’re an engineer with capabilities in software, hardware, and data management, your expertise will be in high demand in whichever industry you want to specialise.

Courses that you should study:

6. Medical Devices

My friend introduced me to EduSpiral. He gave me all the information on WhatsApp & helped me to apply. Chong Keat, Electrical & Electronic Engineering at Heriot-Watt University Malaysia
My friend introduced me to EduSpiral. He gave me all the information on WhatsApp & helped me to apply.
Chong Keat, Electrical & Electronic Engineering at Heriot-Watt University Malaysia

Malaysia is the largest medical device market in Southeast Asia, with a market worth US$1.55 billion (RM6.44 billion). In addition, Malaysia is seen as the leading medical device manufacturing hub in the East, competing against the likes of mature hubs such as Puerto Rico, Costa Rica and Ireland.

In Malaysia, the medical devices industry spans a wide range of industries from
rubber and latex, textiles, plastics, machinery and engineering support and
electronics.

Under the Eleventh Malaysia Plan (RMK-11), the Government has identified medical devices as one of the high potential growth sectors. The industry has also been identified as one of the growth areas under the Healthcare NKEA under which eight (8) EPPs were announced and targeted to contribute RM17.1 billion in revenue and RM11.4 billion in GNI, as well as generate 86,000 jobs by 2020.

There are approximately more than 200 medical devices manufacturers, mainly the small and medium entreprises (SMEs) manufacturing medical gloves. However, the industry also includes higher value-added and technologically advanced products such as cardiac pacemakers, stents, orthopaedic implantable devices, electromedical, therapeutic and monitoring devices.

There are currently more than 30 MNCs producing high value-added medical
devices, making Malaysia their offshore location for manufacturing operations, such as Agilent, B. Braun, Boston Scientific, St. Jude Medical, C.R. Bard, Symmetry Medical, Teleflex, Resmed, Ciba Vision, Kelpac Medical, Ambu, Toshiba Medical Systems and Haemonetics.

Targeted products

  • Electromedical equipment
  • Cardiovascular devices
  • Orthopaedic devices
  • In-vitro diagnostic products
  • Wound care management products
  • Products from convergence of technology (medical devices/ pharmaceutical/electronics/ ICT/IoT/ 3D Printing)

Courses that you should study:

7. Aerospace Engineer

I was not sure if I could handle engineering but after listening to EduSpiral, I was able to make the right decision. Jun Chung, Diploma in Electrical & Electronic Engineering at Asia Pacific University (APU)
I was not sure if I could handle engineering but after listening to EduSpiral, I was able to make the right decision.
Jun Chung, Diploma in Electrical & Electronic Engineering at Asia Pacific University

Malaysia is already home to more than 230 aerospace companies including international players such as Airbus, General Electric, Spirit Aerospace and Honeywell. It is a great enabler for the development of a vibrant local supply chain comprising both international and local industry players.

Malaysia’s strategic position and strong local supply chain have contributed to its position as a preferred location for many MRO companies. Over 230 aerospace-related companies have established operations here in the country. They are involved in (MRO), aero manufacturing, education and training, systems integration, and engineering and design activities. Notable players such as Airbus Helicopters, Airfoil Services, Sepang Aircraft Engineering and GKN Aerospace have leveraged on our skilled local competencies to serve their customers in this region. Our local industry champions include UMW Aerospace, CTRM, Aerospace Composites Malaysia (ACM) and Spirit Aerosystems Malaysia. These are among the top tier single-source suppliers to major global aerospace OEMs such as Airbus, Boeing and Rolls Royce.

In the country’s most recent Aerospace Industry Blueprint, running from 2015 to 2030, the government has again targeted capturing 5% of the global MRO market by 2030, in addition to generating annual revenues of RM55.2bn ($13.7bn) and creating 32,000 high-skill jobs. Malaysia’s Economic Transformation Plan, meanwhile, forecasts the aerospace industry to be worth $1trn by 2020.

From commercial aviation to aircraft parts manufacturing MRO, aerospace is a strategic industry for Malaysia. In 2019, revenue from manufacturing and MRO raked in an estimated RM18 billion and provided jobs for 26,000 skilled workers.

As for Malaysia’s major exports, key products include aerospace parts and components such as fan cowl, fan casing, thrust reverser, forward leading edge and aircraft door. Most of the products were exported mainly to the US, Singapore, UK, China and France.

Malaysia is the second-largest aerospace market in Southeast Asia and the largest aero structures manufacturer in the region, with a long established design and build capability.

Currently, the aerospace industry activities can be seen throughout the country, especially in Selangor, Penang and Johor. The government is committed to strengthening the aerospace ecosystem by implementing efforts to transform Selangor and Kuala Lumpur into Southeast Asia’s hub for aerospace, particularly via Subang Aerotech Park and KLIA Aeropolis.

Courses that you should study:

Education Pathway to Become an Engineer

I was not happy at my former university and found EduSpiral online. He gave me good advise and even met up with me at KDU to tour the college. Ong Richard, Diploma in Electrical & Electronic Engineering at KDU University College Penang
I was not happy at my former university and found EduSpiral online. He gave me good advise and even met up with me at KDU to tour the college.
Ong Richard, Diploma in Electrical & Electronic Engineering at KDU University College Penang

Engineering degrees that are accredited by the Board of Engineers Malaysia (BEM) are recognised by overseas countries for work. Students should choose the best university in Malaysia to study engineering so that they can gain the necessary knowledge and skills to be successful in their career.

Students after SPM or O-Levels who are sure of choosing engineering for their degree studies may go for the Foundation in Engineering. If you are still not sure whether you want engineering or other science courses, you may choose the Foundation in Science programme at premier private universities in Malaysia. Students after the external Pre-University Programme such as A-Levels, UEC, STPM, SAM, CPU, MUFY or AUSMAT may enter directly into the Engineering Degree programme with relevant results.

EduSpiral Consultant Services provides free advise to students after SPM, O-Levels, STPM, A-Levels, UEC, and Pre-University to guide them in choosing the right course and university to study so that they can have a successful career. The aim for EduSpiral Consultant Services in sharing this article is to help students in selecting their course of study and career paths based on areas in demand.

What are the Top 8 Business Degree Programmes to Study in Malaysia?

Find Out What are the Top 8 Commerce Courses with High Job Demand that All Malaysian Students Must Study for a Better Future

Popular business courses doesn’t mean that they are the best for you. Many students choose popular business courses like business administration or management without much consideration of the future job demand that the degree programme will open for them. Students after secondary school must carefully consider the future job demand for the business programmes that they plan to study. With the advent of the Industrial Revolution 4.0, rapid advancements in technology has changed job roles dramatically making some jobs obsolete. Therefore, if students are not careful in choosing the right course, you may graduate and be jobless.

Below are the top 8 business courses with future high job demand in Malaysia:

  1. Financial Technology (Fintech)
  2. Finance
  3. Accounting
  4. Actuarial Science
  5. Digital Marketing
  6. Human Resource Management
  7. eBusiness
  8. Marketing

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Please fill up the Form below and I will WhatsApp you and provide you with sound advise on how to choose the best private university or college in Malaysia to study at. If you do not give your mobile number or full name as in IC, your query will not be answered. Our knowledgeable & experienced counsellor will send you a message on WhatsApp & provide assistance from there.

Top 8 Business Courses that has High Job Demand in Malaysia

No. 1 Financial Technology (Fintech)

Mr. Lonnie from EduSpiral, guided us in our confusion of which course to take that has a high job demand & salary and after the counseling, we decided on Fintech. Bryan & Wen Kai, Fintech at Asia Pacific University (APU)
Mr. Lonnie from EduSpiral, guided us in our confusion of which course to take that has a high job demand & salary and after the counseling, we decided on Fintech.
Bryan & Wen Kai, Fintech at Asia Pacific University (APU)

The pandemic has accelerated digitalisation globally, including Malaysia. With more companies looking to adopt new technologies to support and automate their business, the FinTech industry is certainly growing. Malaysia has seen many companies, local and foreign, setting up a company in this area.

As FinTech gains momentum year-on-year, there is a huge demand for professionals with specific FinTech skills. For the most part, however, the demand for skilled professionals far outstrips supply; with one LinkedIn report predicting that the global skills gap for candidates with relevant experience and expertise

The adoption of technology and AI-driven approaches in the financial sector has never been more of a priority. With all this development investment, careers in FinTech, now more than ever, are providing lucrative opportunities for finance, tech and business experts.

With the industry projected to grow exponentially in the coming years, talented FinTech professionals will be quickly snapped up for their unique skills and capabilities.

What is Financial Technology (Fintech)?

Financial Technology or Fintech is an umbrella term that encompasses all institutions that provide and employ newly developed digital and online technologies in the banking and financial services industries. Fintech is the technology used to augment, streamline, digitize or disrupt traditional financial services. It refers to software, algorithms and applications for both desktop and mobile. FinTech can include everything from straightforward mobile payment apps to complex blockchain networks housing encrypted transactions.

Degrees With a Focus on FinTech

When it comes to traditional degrees, more colleges are offering degrees with a focus on fintech as the field grows. These programs allow students to learn the specifics of a traditional finance major while developing the technical skills that may be potentially valuable in fintech. The degree programme at a private university in Malaysia will take 3 years to complete.

No. 2 Finance

EduSpiral advised me to study Finance because it had high job demand & salary. Darren, Finance & Investment Graduate from UCSI University
EduSpiral advised me to study Finance because it had high job demand & salary.
Darren, Finance & Investment Graduate

According to Robert Walters Recruitment, there is an increased demand to fill roles in risk management and business continuity planning to continue in 2022, as companies have seen the importance of such positions as they struggled to cope with the lockdowns and overall impact of COVID-19.

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 technology skills, critical  thinking skills, innovative, interpersonal communication skills and a strong command of the English language.

A competent and highly skilled workforce is critical for the financial system to function effectively.
Over the past decade, the size of Malaysia’s financial sector1 workforce grew by 16% (2020: 166,360), driven by a larger proportion of higher skilled workers. Employment conditions in the sector remained resilient amid challenging times throughout the pandemic. The financial sector has continued to be a net creator of jobs, led by the banking sector. Net jobs gained after layoffs and discharges remained robust, averaging above 4,000 jobs per year over the past three years.

As the financial sector continues to evolve, jobs and skills will transform in tandem. The next stage
of Malaysia’s financial development journey will require a more adaptive workforce that is agile and
equipped with skillsets of the future to effectively perform their role.

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.

No. 3 – Accounting

Accounting & Finance at Taylor's University
EduSpiral patiently provided information on many universities offering accounting. Then he met up with me & my parents to take us around the universities. EduSpiral helped me to choose the right university.
Chew Ling, Accounting & Finance at Taylor’s University

Malaysia is in need of 60,000 qualified professional accountants by 2030. Currently, there are just over 37,000 members registered with the Malaysian Institute of Accountants (MIA). Accountants will always remain relevant. Courses of study have gone through changes to incorporate 21st century skills and competencies,

The career of a chartered accountant is stable and their services will always be required, no matter the economic climate even in pandemics. The job of a chartered accountant is a great choice for students wanting a career that’s stable with high job demand and salary. Furthermore, chartered accountants are in high demand even during economic downturns, are able to command high salaries and excellent benefits. Accountants are also needed in almost every industry sector.

The automation of accounting transactions is inevitable and accountants have to constantly stay relevant by providing value-add to the business. Competition may be stiffer with lesser accounting jobs in the market over time as a result of automation thus there is a demand for higher quality accountants who are able to provide sound business judgement, proposals while still upholding accuracy. Transactional roles like general ledger, accounts receivable and payable may be endangered, but other higher-skill roles like financial planning and analysis or business controlling would still be in high demand.

In Malaysia, trends in the accountancy profession are Big Data Analytics and Integrated Reporting.

Irrespective of the industry, we generate tonnes of data every day. Accountants and financial professionals can leverage on Big Data. They have the ability to analyse data to help management make informed decisions. Accountants and financial professionals could play a strategic role in the organisation as their ability to interpret data could reveal business opportunities.

No, 4 – Actuarial Science

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My father wanted me to study at the best university for actuarial science & I wasn’t sure about my results. EduSpiral met up with us, explained about the course and university.
Min En, Actuarial Science, Heriot-Watt University Malaysia

Around 70,000 qualified actuaries are present around the world, but over five million qualified accountants and lawyers are also in demand. The Actuarial Society of Malaysia observed that with the expected continuous growth in the insurance market, the demand for actuaries in Malaysia will continue to grow in the next few decades. The rewards for an actuary is good and is one of the higher paid jobs. There is a demand for actuaries in Malaysia.

  • Given the expected continuous growth in the insurance market, it is anticipated that the demand for actuaries in Malaysia will continue to grow in the next few decades.
  • Future regulatory developments (e.g. requirement for certification of IBNR) and the increasing need for risk management are likely to result in significant increase in demand for actuarial services by general insurers.
  • With only 164 qualified actuaries in Malaysia, the market for actuaries can perhaps still be considered unsaturated.

In life insurance, retirement benefit consultancies, asset management, post-retirement medical benefits, and general insurance, actuaries are involved. In Malaysia, the need for actuaries is on the rise and is expected to continue over the next couple of years.

AI. Automation. Machine learning. The rise of technology is rapidly creating a new future of work. And it’s gathering speed, redefining jobs, and transforming entire professions by enabling humans and machines to work side by side. In addition, evolving global and local regulatory requirements promise fundamental change. These collective forces are dramatically changing the future of actuaries in an exciting way—opening opportunities for actuaries to take on dynamic, new business roles.

Long recognized as key contributors of business insights around risk and data analysis, actuaries often find themselves overwhelmed with highly manual, machine-type work. Advances in technology are enabling actuaries to automate and augment their work, boosting them into higher-value, more strategic roles focused on insight generation and key decision-making.

No. 5 – Digital Marketing

I was interested in choosing a course that has high job demand & salary as well as meet my interests. EduSpiral gave me job reports & statistics to help me choose the right course. Bernice, Digital Marketing at Taylor's University
I was interested in choosing a course that has high job demand & salary as well as meet my interests. EduSpiral gave me job reports & statistics to help me choose the right course.
Bernice, Digital Marketing at Taylor’s University

Given that Malaysia’s internet penetration rate peaked in 2022, employing effective digital marketing strategies may be the way to go for marketers to expand in Malaysia, as uncertainty continues to loom.

Malaysia has one of the highest internet penetration rates in the Southeast Asia region, with 89.6% of its 32.98 million population. Meanwhile, 30.25 million are active social media users, accounting for 91.7% of the population.

The Malaysian social media market is burgeoning to reach $403.2 million in 2022. Additionally, 37% of Malaysians use social media for finding products to purchase.

Thanks to technological advancements, we can witness a growing trend in all 3 aspects of cellular mobile connections, internet users, and active social media users. These set a solid foundation for the success of Malaysia’s digital marketing. With its robust economic growth and highly urbanized traits, Malaysia consistently proves to be one of the most conducive locations for digital marketing.

  • There were 29.55 million internet users in Malaysia in January 2022.
  • Malaysia’s internet penetration rate stood at 89.6 percent of the total population at the start of 2022.
  • Kepios analysis indicates that internet users in Malaysia increased by 365 thousand (+1.3 percent) between 2021 and 2022.

With digital marketing now an integral part of any industry, the need for professionals with suitable skills has become a priority for most businesses. However, the rapid evolution of digital marketing has created a “digital disconnect” where professionals are yet to reach the expected level of digital skillsets. This has led to a shortage of suitable talent in the technology jobs market, including digital marketing technology.

No, 6. – Human Resource Management

Human Resource Management at Asia Pacific University (APU)
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Min Yi, Human Resource Management at Asia Pacific University (APU)

According to a report by Hays Recruitment Malaysia – 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.

No. 7 – eBusiness

EduSpiral counselled me online and met me at KDU Penang University College to take me around the campus. It helped me a lot in making the right decision. Archie Wong (Right), Business degree Graduate from KDU Penang University College
EduSpiral counselled me online and met me at UOWM KDU Penang to take me around the campus. It helped me a lot in making the right decision.
Archie Wong (Right), Business degree Graduate from KDU Penang University College

Malaysia is the 35th largest market for eCommerce with a revenue of US$6.3 billion in 2021, placing it ahead of Israel and behind Denmark. With an increase of 30%, the Malaysian eCommerce market contributed to the worldwide growth rate of 15% in 2021.

Malaysia’s e-commerce has grown tremendously in the past couple of years. The Department of Statistics Malaysia (DOSM) reported that the total income for e-commerce transactions in 2021 was RM1.09 trillion, a growth of 21.8% as compared to RM896 billion in 2020.

This is the first time that income from e-commerce transactions breached the RM1 trillion mark, and is on track toward realising Malaysia’s aspiration of having an e-commerce market size of RM1.65 trillion by 2025 – a vision propelled by the National E-Commerce Strategic Roadmap (NESR).

Building on the foundation of the first NESR, NESR 2.0 – which has been endorsed by the National Council of Digital Economy and 4IR (MED4IR) – aims for e-commerce to be the engine for catalytic growth for businesses in Malaysia from 2021 to 2025.

With the greater convenience of online shopping made possible by advanced shipping and online systems, ecommerce has its place in the Malaysian market as seen by its projected revenue of US$10.12 billion. In Malaysia, online retail sites are a popular way to discover a new brand. Speaking of online retail stores, Shopee is one of the most-visited sites in Malaysia. Malaysians are spending billions of dollars on ecommerce annually. By developing a mobile-friendly website, customers can view your products when searching for their desired products on Shopee, Lazada, and other online shopping sites simultaneously

To heighten your ecommerce in Malaysia, brands are encouraged to adopt image recognition tools when developing ecommerce sites. It allows online shoppers to easily find products by uploading or taking photos of their desired items. As a result, consumers can satisfy their needs and wants while your product can reach those who show an interest. Moreover, image recognition can identify the user’s preference. This can be exemplified by Instagram’s algorithm, which recognizes and analyses images to conclude on the user’s preferences and suggest relevant ads subsequently.

No, 8 – Marketing

I found EduSpiral online & he met me at the Education Fair to guide me in choosing the right university from the hundreds out there.
Jackie Chen, Marketing at UCSI University

Marketing is a degree which will prepare you for a wide range of careers. Among the reasons why one may study marketing is because you get to build a solid foundation of business skills, not just in sales. Marketing is the process of finding out the needs and wants of consumers and being able to deliver the products that satisfy those needs and wants.

The Salary for a Marketing Professional is one of the highest paid in Malaysia. In the advancing age of technology, the marketing professional needs to equip themselves with the skills to help them to succeed.

Marketing graduates can work in almost any industry such as health care, advertising, IT, insurance, banking, health products, food & beverage, hospitality, travel & tourism, fashion, education, construction, property, and more.

They can begin work as executives in marketing, customer service, FMCG, business development, public relations, market research, retail management, consultants, account servicing, sales, and more.

With knowledge of marketing in both domestic and international markets, you can aspire to be a professional in marketing management, marketing research, public relations and promotions activities, sales management and sales.

Speak to an Experience Course & Career Advisor

Our mum asked us to talk to EduSpiral as we did not know what to study. EduSpiral had helped our older sister before. He met us at Taylor's, talked to us and then gave us a tour. Gan twins, Foundation in Arts at Taylor's University
Our mum asked us to talk to EduSpiral as we did not know what to study. EduSpiral had helped our older sister before. He met us at Taylor’s, talked to us and then gave us a tour.
Gan twins, Foundation in Arts at Taylor’s University

Investing in the right programme for you is important to us and we’re here to help. Simply fill up the enquiry form to schedule a call-back at a time that works for you.

We will assist you with:

  • Determining which business programme is the right fit for you
  • Choosing the right business course that has future job demand and high salary
  • Eligibility and entry requirements
  • How to apply and enrol at the right private university
  • Program duration, Program structure, Intakes and fees for the private university
  • Education pathways after high school
  • Course descriptions  – What to expect from the program Information about the program academics
  • Campus visits

Top 10 Universities in Asia 2023: QS World Universities Rankings

Revealing the Best Public (IPTA) & Private (IPTS) Universities in Malaysia According to QS World University Rankings: Asia 2023

  • Ranking of Malaysia’s Public (IPTA) & Private (IPTS) Universities for 2023 According to QS World University Rankings: Asia 2023
  • How did Malaysia’s Universities rank in Asia?

Malaysian students interested in studying at one of the universities in Asia can check out which are the top ranked ones from the recently released QS World University Rankings: Asia 2023. Studying at a top university will enhance your knowledge and skills to compete in the challenging careers of the 4th Industrial Revolution (INR 4.0)

The 15th edition of the QS World University Rankings: Asia features 757 institutions – up from 687 last year and making it our biggest rankings for this region yet. The major locations represented include China Mainland (128 institutions), India (118), Japan (106) and South Korea (88), accounting for more than a half of all ranked institutions.

Malaysia’s top government university is Universiti Malaya (UM) making it into the Top 10 at 9th place. Meanwhile, Taylor’s University is Malaysia top private university in the Asia university rankings with a ranking of 49 making it into the Top 50.

You might also be interested to read these:

Please fill up the Form below and I will WhatsApp you and provide you with sound advise on how to choose the best private university or college in Malaysia to study at. If you do not give your mobile number or full name as in IC, your query will not be answered. Our knowledgeable & experienced counsellor will send you a message on WhatsApp & provide assistance from there.

Top 10 institutions in the QS World University Rankings: Asia 2023

I was interested in choosing a course that has high job demand & salary as well as meet my interests. EduSpiral gave me job reports & statistics to help me choose the right course. Bernice, Digital Marketing at Taylor's University
I was interested in choosing a course that has high job demand & salary as well as meet my interests. EduSpiral gave me job reports & statistics to help me choose the right course.
Bernice, Digital Marketing at Taylor’s University

Featuring 760 Asian universities, our 2023 rankings are the biggest to date. Peking University takes the top spot this year, with last year’s number one university, National University of Singapore, taking second place.

The rest of the top ten is rounded out by a diverse selection of institutions from across East and South East Asia – including Malaysia, Mainland China and South Korea.

Key indicators used to formulate this year’s rankings include academic and employer reputations, the number of staff holding a PhD, and the percentage of international students.

Below are the Top 10 Universities in Asia:

1. Peking University

2. National University of Singapore (NUS)

3. Tsinghua University

4. The University of Hong Kong

5. Nanyang Technological University, Singapore (NTU)

= 6. Fudan University

= 6. Zhejiang University

8. KAIST (Korea Advanced Institute of Science and Technology)

9. Universiti Malaya (UM)

10. Shanghai Jiao Tong University

How did Malaysia’s Universities Fare in the QS World University Rankings: Asia 2023?

EduSpiral Consultant Services is a Top Education Advisor in Malaysia Helping Students to Choose the Right Course & University
EduSpiral Consultant Services is a Top Education Advisor in Malaysia Helping Students to Choose the Right Course & University

Universiti Malaya did well in the Asia rankings by making it into the Top 10. UM is also ranked 3rd in Asia in the inaugural Quacquarelli Symonds’ (QS) World University Rankings on Sustainability 2023 and 66th globally and snatched the country’s top spot.

Taylor’s University took the top spot in Malaysia as the Number 1 private university in the QS World University Rankings: Asia 2023. Taylor’s University is now ranked 49 in Asia according to the QS Asia University Rankings 2023, leaping 40 places in just two years.

The institution has recorded a jump of more than 150 ranks since 2016 to achieve its meteoric rise, on the back of positive trends in the recent QS World University Rankings 2023 that saw the university maintain its position as the leading private university in Southeast Asia for the third year in a row, also placing it within the top 1% of universities in the world.

The university saw growth in eight indicators scores including Academic Reputation, Employer Reputation, Faculty Student Ratio, Citations per Paper, Paper per Faculty, International Student, Inbound Exchange Students and Outbound Exchange Students.

Other notable private universities who did well are Multimedia University (MMU) ranked at 207 and Asia Pacific University of Technology and Innovation (APU) at 240.

Below is the list of Malaysia’s universities who are the Top 10 Universities according to QS:Asia

  1. Universiti Malaya (UM) – 9
  2. Universiti Kebangsaan Malaysia (UKM) – 30
  3. Universiti Sains Malaysia (USM) – 32
  4. Universiti Teknologi Malaysia (UTM) – 39
  5. Taylor’s University – 49
  6. Universiti Teknologi Petronas (UTP) – 68
  7. UCSI University – 72
  8. Universiti Teknologi MARA (UiTM) – 104
  9. Universiti Utara Malaysia (UUM) – 108
  10. Sunway University – 122

Key takeaways from the QS World University Rankings: Asia 2023

EduSpiral advised me on WhatsApp & provided all the information on Taylor’s University. He also helped to arrange a campus tour. Finally, he helped me to register as well as apply for the scholarship.
Hazel Hoh, Foundation in Arts (Communication)

With an improvement on the previous year, Peking University sits in first place with a flawless score of 100. After standing in first place for four consecutive years, the National University of Singapore (NUS) are now ranked second with a score of 97.4. Both institutions received perfect scores of 100 for ‘academic reputation’.

The University of Hong Kong and Nanyang Technological University, Singapore (NTU), who shared third place last year, are now ranked fourth and fifth respectively. This year, Tsinghua University sits in third position with a score of 97.3 – having risen from fifth place. The University of Hong Kong achieved perfect scores for three performance indicators: ‘international students’, ‘inbound exchange’ and ‘outbound exchange’, while Tsinghua University were awarded the same perfect score for ‘academic reputation’.

Fudan University and Zhejiang University now share sixth place with equivalent overall scores of 96.3, with both institutions performing particularly well in ‘international faculty’ with scores of 99.9 and 100 respectively.

Many institutions share the achievement of receiving perfect scores in a range of categories including ‘international students’ (13 institutions), ‘outbound exchange’ (19), ‘inbound exchange’ (21) and ‘staff with PhD’ (23).

Universiti Malaya (UM) loses eighth position to KAIST (Korea Advanced Institute of Science and Technology) – a university who has improved greatly since last year having moved six places up and being the only new South Korean university in the top 10. Universiti Malaya (UM) is now in ninth position with 92.6. Lastly, Shanghai Jiao Tong University holds the 10th position for another year with a score of 92.2.

With 11 Indian institutions making it to the top 100 global list, Southern Asia holds 27% of the spots in this year’s ranking. Eastern Asia is the most represented subregion representing 50% of all ranked institutions: 17 institutions ranking in the top 20 and with the majority of institutions located in China (Mainland) ranking in the top 10.

Best Digital Marketing Degree Programme in Malaysia

Learn the Essential Elements of Digital Marketing from a Top Degree  Course in Malaysia

All the online ads you see, the content you read, and the images you see online on your Facebook, Instagram, Email, Google Search, etc are related to the work of a digital marketer. With more businesses going online to promote their products and services, the demand for qualified and trained professionals in Digital Marketing has increased and will continue to increase.

Students interested in Marketing should make the shift to study Digital Marketing instead of pursuing studies in traditional marketing methods. When you graduate, you will find that you will be at a disadvantage to Digital Marketing graduates. It is important for you to check out the courses offered by the universities in order to make sure that they are up to date and relevant to your future career in Marketing and Digital Marketing.

In addition to studying the fundamentals of marketing, a Digital Marketing course will supply you with an introduction to essential digital marketing specialisms, from mobile marketing and social networks marketing to Email marketing, Pay Per Click marketing and SEO.

Read on to find out what are the subjects are course content for Digital Marketing at 3 top private universities in Malaysia.

You might also be interested to read these:

For more information on which university is the best for Digital Marketing in Malaysia contact 01111408838

Please fill up the Form below and I will WhatsApp you and provide you with sound advise on how to choose the best private university or college in Malaysia to study at. If you do not give your mobile number or full name as in IC, your query will not be answered. Our knowledgeable & experienced counsellor will send you a message on WhatsApp & provide assistance from there.

Increasing Demand for Qualified Digital Marketing Professionals in Malaysia

I was very interested in Digital Marketing but could not find a university that offer the course. EduSpiral helped me to find the right university & arranged for the lecturer to explain the details to me.
Liew, Digital Marketing, Asia Pacific University (APU)

There is a massive demand for digital marketing professionals in Malaysia. Because of the high demand, the pay for digital marketing roles is also high.

Companies know how beneficial the internet and digital platforms are. Digital marketing lets them reach a wider audience, scale their business further, and generate more revenue.

With the rapid rise in digitalisation, companies are now able to do so much more than just sell products on a website or platform. Digital marketers have to choose from a wide array of available technologies to target specific audiences and consumers to create a personalised experience.

From using rich media ads on websites to targeting specific social media networking sites and influencers, companies are trying to build a relationship with their customer base through Ai, market research and data analytics. Obtaining invaluable insights on their social habits from these tools, businesses are able to create content that target specifically where they congregate and influence their buying behaviour.

AirAsia developed their super app when the aviation industry was down, AEON pivoted to online delivery of shopping goods, and Zara and Ikea used AR (augmented reality) in their retail businesses. These are just some examples of how companies have rapidly turned to digitalisation in their marketing efforts.

Futhermore, companies will increase their usage of social sites like TikTok, Instagram, YouTube and Twitter to build a rapport with their customers and increase their base.

What do Digital Marketing Professionals do?

Digital marketers have ample knowledge of multiple online tools and platform, and requires a unique combination of both creativity and technical knowledge. You will be writing eye-catching headlines for ad campaigns to reach the intended target audience, as well as checking the analytics of the campaign to ensure that its on the right track.

Setting up a business online, running ad campaigns, developing content strategies are a few of the tasks a digital marketing expert does to provide such results.

Choose to Study Digital Marketing at a Top Private University in Malaysia

As you can see the job of a Digital Marketing professional requires wide knowledge, creativity and practical skills. A top private university in Malaysia with years of experience can help equip you with the necessary skills for you to be successful in this exciting and challenging career. I have compiled the subjects for 3 top private universities offering the Digital Marketing degree course to help you choose the best one that fits you. Students can also WhatsApp me for further guidance and insight.


UK Dual Award Digital Marketing & Analytics Degree Programme at Taylor’s University

Foundation in Business into Finance at Taylor's University
My dream was to study at Taylor’s University and with the Taylor’s Excellence Award that EduSpiral shared with me, I am able to achieve it.
Chun Tim, Foundation in Business into Finance at Taylor’s University

Taylor’s Business School is recognised as the World No. 97 and No. 1 private university in Malaysia and Southeast Asia for Business and Management Studies based on the 2022 QS World University Rankings by Subject.

Officially upgraded to University in September 2010, Taylor’s is one of Malaysia’s top private universities. Over 70% of Taylors University’s graduates are employed within 2 months. In addition, the university has strong partnerships with 3,000+ career partners in Malaysia and globally. These are just some of the reasons that Taylor’s University is one of the best universities in Malaysia for you to study the degree in Digital Marketing.

Ultimately, graduates will be groomed with essential knowledge and skills to manage key business functions that will drive strategy, and be prepared for executive positions as well as the ability to build businesses.This degree programme is designed to equip students with the in-depth understanding of business administration concepts and practices, which encompasses all aspects of owning and operating a business. This includes the entire spectrum from business management, to marketing of goods and services.

Students will learn and be equipped with ability to examine the current market landscape, identify new revenue opportunities and leverage on digital marketing channels such as search engines, social media, electronic direct mail (EDM) and other digital platforms to connect with prospective customers through this programme. This helps to give the creative, fluid side of digital marketing a data-driven foundation to help businesses build a profitable and scalable marketing strategy.

Students who pursue the Digital Marketing and Analytics specialisation under Taylor’s Bachelor of Business (Hons) will also be awarded with an additional SAS Joint Certification with Taylor’s University upon graduation. SAS is a globally recognised analytics software adopted by renowned companies across more than 140 countries to help transform data into intelligence. Possessing the knowledge of SAS is extremely useful in enhancing the employability for business students especially in the data driven industries.

Bachelor of Business (Hons) Marketing Programme at Taylor’s University

The beautiful 27-acre Taylor's Lakeside Campus will provide all the right conditions for a vibrant exchange between academic, commercial, social and leisure activities for top students
The beautiful 27-acre Taylor’s Lakeside Campus will provide all the right conditions for a vibrant exchange between academic, commercial, social and leisure activities for top students

The Bachelor of Business (Hons) Digital Marketing & Analytics Programme at Taylor’s University is designed to equip students with the latest theories and practices in business marketing, including the ability to understand consumers’ needs, design products, conceive brand strategies, perform market research, pricing and placement strategies, as well as gain insight into the world of e-marketing and integrated communications.

The Digital Marketing & Analytics subjects will cover the following areas of study:

  • Essentials of Big Data and Data Analytics
  • Market Intelligence and Data Visualisation
  • Social Media Analytics
  • Social Media Marketing
  • Marketing Analytics
  • Interactive Digital Marketing

Essentials of Big Data and Data AnalyticsThe Digital Marketing and Analytics specialisation envelops the essential analytic skills in translating customer behaviour into actionable business data and knowledge in embracing the power of the digital marketing ecosystem to acquire customers.

This course provides an essential analytics framework for becoming a smarter enterprise and shows through case studies how we can derive value from analytics throughout business strategies. Predictive modelling techniques are introduced to give students a foundation to what they will be expecting in the world of data science.

Market Intelligence and Data Visualisation

Taylor's University Lakeside Campus
Taylor’s University offers an excellent environment for tertiary studies in Malaysia

This course provides an essential visualisation framework for becoming a smarter enterprise and shows through case studies how we can find new insights from visualisation. Dashboards and data modelling are introduced to give students a foundation to what they will be expecting in the world of data science.

The learning and teaching approach for the module will be case based learning and problem-based learning.In this course, participants are introduced the dimension of Market Intelligence and visualisation.

Participants can learn to appreciate the intelligence ecosystem in marketing and managed data from various sources using visualisation dashboards that can help their companies make important decisions. The course combines the use of classroom delivery, classroom discussion and hands-on data mining tools in a business-oriented environment.

Social Media Analytics

Social media applications are changing business development and market competitiveness. From raising a company’s profile to improving client and customer relations, this rapidly evolving sector has already affected the way many businesses work. This course introduces social media analytics by covering all the major aspects of Social Media Network (SNS) analytics platforms. This module will give you an understanding of existing and emerging analytics platforms and the ability to assess the impact of social media on business management.

Social Media Marketing

This course provides an introduction to social media marketing by covering all the major Social Media Network (SNS) platforms. Students will also learn how the effectiveness of social media marketing campaigns can be measured and implemented. This course combines the essential theories with practical applications and covers core areas such as strategic planning for SNS applications, integrating the SNS platforms into the brands, marketing communications that will harness the potential of social media data to yield powerful consumer insights.

Marketing Analytics

The use of analytics has become an essential part of a marketer’s digital toolkit. With the increased number of digital users and the proliferation of devices, platforms, and applications through which consumers could buy and consume products and services, marketers are presented with a number of new challenges to better understand and satisfy customer behaviour. This course is designed to help students understand the role of market research, data, information systems, analytics and the ethical and social responsibility issues surrounding the handling of consumer data.

Interactive Digital Marketing

This module provides a platform for students to explore fundamentals and key concepts of digital marketing. It provides students with ideas in formulating digital marketing strategy as well as exposures on how companies attain digital marketing objectives by employing different types of digital platforms and technologies.

The module relates the roles and importance of digital marketing to the business through case studies and other reading resources. Through this module, students will learn to plan and develop digital marketing strategy by understanding the success factors of digital marketing pratices that utilise digital media channels effectively.

Programme Structure for the Bachelor of Business (Hons) Marketing UK Dual Award Programme at Taylor’s University
Accounting & Finance at Taylor's University
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This component consists of Common Core subjects, which are common modules across a discipline that provides the fundamental knowledge of the discipline.PRIMARY MAJOR

Common Core

  • Business Communication
  • Business Law
  • Introduction to Accounting

Discipline Core

  • Interactive and Digital Marketing
  • E-Commerce
  • Consumer Behavior
  • Market Analysis and Decision Making
  • Social Media Marketing
  • Integrated Marketing Communications
  • Market Intelligence and Data Visualization
  • Social Media Analytics
  • Essentials of Big Data and Data Analytics
  • Marketing Analytics

COMPLEMENTARY STUDIES

My mother chatted with EduSpiral for months from Brunei & gathered the information. Finally, we made a trip to visit the universities and EduSpiral helped us to choose the right university Wei En, Accounting at Taylor's University
My mother chatted with EduSpiral for months from Brunei & gathered the information. Finally, we made a trip to visit the universities and EduSpiral helped us to choose the right university
Wei En, Accounting at Taylor’s University

The Complementary Studies component provides student the flexibility to study modules in a related or unrelated field from the same or different school to complement the Primary Major. It may be completed in a form of free electives, an extension, minors or a second major that typically requires at least one (1) semester of student learning time.

UNIVERSITY CORE

This component aims to develop critical thinking, build up social intelligence and cultivate civic responsibility as well as broaden cultural knowledge. These consist of compulsory and nationally-mandated study modules required by the Malaysian Ministry of Higher Education.

  • Community Service Initiative
  • Hubungan Etnik / Malaysian Studies 3
  • Life Skills for Success & Well-Being
  • Millennials in Malaysia: Team Dynamics & Relationship Management
  • Tamadun Islam & Tamadun Asia / Bahasa Melayu Komunikasi 2

*Students are requested to take Bahasa Kebangsaan A if they do not obtain a Credit for Bahasa Malaysia in SPM.

**All information is subject to change. Readers are responsible for verifying information that pertains to them by contacting the university.


Digital Marketing Degree Course at Asia Pacific University (APU)

Accounting graduate from Asia Pacific University (APU)
“I met up with EduSpiral about 4 times in Ipoh & at Asia Pacific University to discuss about my future. He provided me with in-depth information and even arranged for me to meet up with the Head of School at APU to talk to me.”
Kar Jun, Accounting graduate from Asia Pacific University (APU)

The Bachelor of Arts (Hons) Marketing Management with Specialism in Digital Marketing degree program at the top ranked  Asia Pacific University (APU) in Malaysia is specifically designed to provide with:

  • An understanding of theories and concepts that underpin effective marketing and the practical skills required to commence a dynamic career in digital marketing.
  • A comprehensive understanding of frameworks and strategic planning techniques for the management of business information analytics in the marketing arena.
  • Familiarity with a broad range of digital marketing technologies and how they are applied in practically infused digitized settings.
  • The ability to critically evaluate and recommend appropriate digital tools and techniques in utilising the plethora of social media platforms in optimizing market potential.
LEVEL 1 Subjects for the Bachelor of Arts (Hons) Marketing Management with Specialism in Digital Marketing Degree course at Asia Pacific University (APU)
I am so glad that my mother found EduSpiral online. I used to be quiet and not able to communicate well in English. Now, I am more confident and speak a lot in English because of the great university environment. Zhi Kang, Business Graduate from Asia Pacific University (APU)
I am so glad that my mother found EduSpiral online. I used to be quiet and not able to communicate well in English. Now, I am more confident and speak a lot in English because of the great university environment.
Zhi Kang, Business Graduate from Asia Pacific University (APU)

APU will also expose them towards business & communication skills, computing & IT skills, quantitative skills and independent learning. All Business Management programmes have a common first year so that they are exposed to solid grounding in business management theories and practices.

Students will learn fundamental essential skills required by every business management professional, and the basic understanding of the context within which business operate – Management, Law, Accounting, Economics, Entrepreneurship, Marketing, People Management and Accounting.

Common Modules

  • Introduction to Management
  • Accounting Skills
  • Business and Communications Skills
  • Business Economics
  • Computing and IT in the Workplace
  • Fundamentals of Entrepreneurship
  • Business Law
  • Marketing
  • People Management
  • Quantitative Skills
LEVEL 2 Subjects for the Bachelor of Arts (Hons) Marketing Management with Specialism in Digital Marketing Degree course at Asia Pacific University (APU)
Studying Information Technology (IT) was my dream but my results didn't achieve the requirements. But EduSpiral gave me in-depth advise & helped me to choose the right course that suited me. Harold, Diploma in Business IT at Asia Pacific University (APU)
Studying Information Technology (IT) was my dream but my results didn’t achieve the requirements. But EduSpiral gave me in-depth advise & helped me to choose the right course that suited me. Harold, Diploma in Business IT at Asia Pacific University (APU)

 

A broader range of skills will be learnt, in which students will gain a better understanding of the broad range of digital tools, and the specialized skills to apply frameworks and planning techniques for the interactive digital marketing.

They will gain solid understanding of the support of digital marketing in modern organizational operations. We will further nurture their creativity and innovation as well as independent learning to prepare them for the digitally spherical marketing environments.

Common Modules

  • Business Ethics and Governance
  • Creativity and Innovation
  • International Culture and Communications
  • Business Research Methods

Specialised Modules

  • Integrated Marketing Communications 1
  • B2B Marketing
  • Delivering Customer Value
  • Consumer Behaviour
  • Marketing Intelligence and Research
  • Digital Marketing
  • Probability & Statistical Modelling
  • Human-Computer Interaction

INTERNSHIP (16 WEEKS)

Students will undertake a short Internship/ Industrial Training for a minimum period of 16 weeks to prepare them for a smooth transition from the classroom to the working environment

LEVEL 3 Subjects for the Bachelor of Arts (Hons) Marketing Management with Specialism in Digital Marketing Degree course at Asia Pacific University (APU)
Library at Asia Pacific University (APU)
Library at Asia Pacific University (APU)

Students will make use of their previous studies and industrial experience to extend their familiarity of digital marketing strategies, discovering new opportunities, exploiting competitive advantage and decision making processes, with aims to groom them as digitally savvy marketing specialist.

A final year project requires them to take a hands on digital marketing project so as to apply all the expertise and skills acquired from both the classroom and internship settings. The successful completion of the final year project is a testament of the student’s ability to face the major digital marketing scenarios with confidence and dexterity.

Specialised Modules

  • Brand Management
  • Building Customer Relationship
  • Global Marketing
  • Innovation Management and New Product Development
  • Integrated Marketing Communications
  • Investigations in Marketing Management
  • Marketing Decision Making
  • Marketing Management Project
  • Strategic Marketing Planning
  • Behavioural Science & Marketing Analytics
  • Enabling Technologies for Digital Marketing

MQA Compulsory Subjects

  • Ethnic Relations (M’sian Students)
  • Islamic & Asian Civilisation (M’sian Students)
  • Workplace Professional Communication Skills
  • Employee & Employment Trends
  • Co-Curriculum

(*All students are required to successfully complete the General Studies modules as stipulated by the Malaysian Qualification Agency upon graduation)


Study Digital Marketing at Saito University College

After my results came out, I was lost and didn't know where to study. EduSpiral met me and my parents and took us around the campus to help me make the right choice. Kin Fen, Design student at Saito University College
After my results came out, I was lost and didn’t know where to study. EduSpiral met me and my parents and took us around the campus to help me make the right choice.
Kin Fen, student at Saito University College

 

The Digital Marketing degree programme at Saito University College programme aims to study the importance of managing all aspects of a business organization, specifically in the area of digital marketing. In the growing digital era, the need for businesses to adopt digital strategies is widely spread, and students with a digital marketing background will be equipped with the necessary knowledge and skills required by industries today.

The overall goal of this programme is to find a balance between the different areas of digital marketing with the various functions of a business organization. It is to promote digital marketing as an essential aspect in business studies and management.

Students will learn the existing theories of marketing with the new concept of digital marketing, social media marketing, search marketing, and content marketing. They will also learn to apply their knowledge and skills through various projects and assignments using real case studies from the industry.

This programme is catered to develop students with communication skills and critical thinking through group work and projects with external industries and stakeholders.

Year 1 Subjects for the Digital Marketing degree programme at Saito University College
Saito University College
Saito University College
  • Principles of Marketing
  • Principles of Management
  • Business English
  • TITAS / Bahasa Melayu Komunikasi 2
  • Accounting
  • Microeconomics
  • Business Management
  • Management Information Systems
  • Hubungan Etnik / Pengajian Malaysia 3
  • Business Mathematics
  • Kemahiran Kepimpinan dan Hubungan Insan /
  • Entrepreneurship
  • Critical Thinking
Year 2 Subjects for the Digital Marketing degree programme at Saito University College
  • Consumer Behaviour
  • Macroeconomics
  • Ekonomi Malaysia / Perlembagaan dan Masyarakat Malaysia
  • Business Writing
  • Financial Management
  • Transport and Logistics
  • Digital Marketing
  • Brand Management
  • Social Media and Mobile Marketing
  • Business Law
  • Khidmat Masyarakat / Aktiviti Ko-kurikulum
  • Web Design
Year 3 Subjects for the Digital Marketing degree programme at Saito University College
  • Academic and Professional Development
  • Electronic Marketing
  • Effective Marketing Communications
  • Digital Content Marketing
  • Search and Email Marketing
  • Strategy for Marketing Management
  • Business Consultancy/ Management Project
  • International Marketing
  • Digital Marketing Planning and Strategy
  • Big Data and Emerging Innovation

Find Out About the Data Science Undergraduate Programme at Malaysia’s Private Universities

Studying the Data Science Degree in Malaysia

In the past few years, there has been an enormous increase in demand for Data Scientists in Malaysia and globally, across almost every industry sector, from tech and finance to energy, retail, healthcare and cybersecurity.

As the volume, diversity and complexity of data being gathered continue to increase, the key challenge facing companies is how to make sense of data, and more importantly how to use data to inform business decisions.

To solve this problem, organisations need data scientists who not only are highly skilled in a wide range of statistical and data analysis tools, but who can go far beyond classical statistics and machine learning to gain real insights from data.

Data science is a combination of different disciplines such as data inference, algorithm development, and technology so that we can solve analytically complex problems. Huge amounts of raw information, streaming in and stored in enterprise data warehouses. We will need advanced systems and capabilities to sort out the data and analyse it to be used to create value for business.

Data scientists combine statistics, mathematics, programming, problem-solving, capturing data in ingenious ways, the ability to look at things differently to find patterns, along with the activities of cleansing, preparing, and aligning the data.

Basically there are 2 types of degree programmes at Malaysian private universities for students who want to pursue an undergraduate programme in Data Science – one is Maths-based and the other is computer science based. Students may go for a Statistics degree programme and specialise in the Maths part of the Data Science career. On the other hand, a computer science based data science programme will cover mostly the programming languages and computing subjects. In addition, students will also study some statistics and business analysis.

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Who Should Study Data Science in Malaysia?

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Vincent Lim, Software Engineering Graduate, Asia Pacific University (APU)

Students who love Mathematics, computer science, research and analysis are excellent candidates to study Data Science.

A common personality trait of data scientists is they are deep thinkers with intense intellectual curiosity. Data science is all about being inquisitive – asking new questions, making new discoveries, and learning new things.

Ask data scientists most obsessed with their work what drives them in their job, and they will not say “money”. The real motivator is being able to use their creativity and ingenuity to solve hard problems and constantly indulge in their curiosity.

Deriving complex reads from data is beyond just making an observation, it is about uncovering “truth” that lies hidden beneath the large amount of data.

Problem solving is not a task, but an intellectually-stimulating journey to a solution. Data scientists are passionate about what they do, and reap great satisfaction in taking on challenge.

Data Science skills
  • Problem-solving
  • Attention to details
  • Software development
  • Machine learning
  • Proficiency in big data tools: Hadoop and Spark
  • Programming abilities: Python, R, Scala
  • Expertise in SQL, Cassandra, MongoDB
  • Knowledge of visualisation tools: QlikView, Tableau

What is the Entry Requirements to Study Data Science?

My father wanted me to study at the best university for actuarial science & I wasn't sure about my results. EduSpiral met up with us, explained about the course and university.
My father wanted me to study at the best university for actuarial science & I wasn’t sure about my results. EduSpiral met up with us, explained about the course and university.
Min En, Actuarial Science, Heriot-Watt University Malaysia

Students after SPM or IGCSE/O-Levels may go for the Foundation in Computing & Technology for 1 year before continuing on to the 3-year undergraduate programme.

With 3 credits in SPM or IGCSE/O-Levels including Maths, students may go for the 2-year Diploma in Information & Communications Technology and then enter into Year 2 of the Data Science degreee.

Alternatively, students who want an affordable and yet top ranked computer science private university in Malaysia may choose to take the Foundation in Information Technology  (IT) or Diploma in Information Technology (IT).

Pre-University students with the relevant results in STPMA-LevelsSACEiCPUAUSMAT, etc. can enter directly into Year 1 of the Data Science or Data Analytics degree programmes.

What will you study in Data Science at a private university in Malaysia?

was confused about what to study & didn't want to do what my dad was working as because he was so busy. My mum asked EduSpiral to advise me. He showed my that I am different from my dad & helped me to make the right choice. Chong Han, Foundation in Engineering at Taylor's University
I was confused about what to study & didn’t want to do what my dad was working as because he was so busy. My mum asked EduSpiral to advise me. He showed my that I am different from my dad & helped me to make the right choice.
Chong Han, Foundation in Engineering at Taylor’s University

Data science degrees provide students with the technical skills they need to analyze data and develop actionable conclusions from those assessments. The coursework of such programs typically emphasizes programming, statistics, math and some elements of social science.

Data Science focuses on designing and developing solutions to draw useful insights from the availability of large volumes of data, known as Big Data.

Students will receive fundamental training in computer science theories and learn techniques on the processing of Big Data for analytics that can be impactful to business.

In this major students will develop a strong foundation in the statistical aspects of data analysis (data collection, data mining, modelling and inference) and the principles of computer science (algorithms, data structures, data management and machine learning).

What are some of the Subjects in a Data Science Undergraduate Programme at a Private University in Malaysia?

I wasn't sure of which course to study & Lonnie , from EduSpiral, guided me to choose the right course based on Job Demand & Salary. Hong Ming, Foundation in Computing & Technology at KDU University College
I wasn’t sure of which course to study & Lonnie , from EduSpiral, guided me to choose the right course based on Job Demand & Salary. Hong Ming, Foundation in Computing & Technology at UOWM KDU University College
  • Discrete Mathematics
  • Intermediate Statistics
  • Database Systems
  • Principles of Data Mining
  • Data Security
  • Data Structures and Algorithms
  • Software Development
  • Introduction to Management
  • System Analysis & Design
  • Fundamentals of Software Development
  • Mathematical Concepts for Computing
  • Operating Systems & Computer Architecture
  • Introduction to Networking
  • Introduction to Databases
  • Introduction to C Programming
  • Introduction to Data Analytics
  • Behavioural Science and Marketing Analytics
  • Computing Theory
  • Data Structures
  • Concurrent Programming
  • System & Network Administration
  • Computer Systems & Low Level Techniques
  • Probability & Statistical Modelling
  • Data Mining & Predictive Modelling
  • Object Oriented Development with Java
  • System Development Methods
  • Professional & Enterprise Development
  • Creativity & Innovation
  • Research Methods for Computing & Technology
  • Algorithmics
  • Real-Time Systems
  • Emergent Technology
  • Text Analytics & Sentiment Analysis
  • Business Intelligence Systems
  • Database Security
  • Optimisation Concepts for Data Science
  • Investigation in Computer Science
  • Computer Science Projects
  • Calculus
  • Programming Fundamentals
  • Discrete Structures & Probability
  • Professional Development
  • Computational Methods
  • Object Oriented Programming & Data Structures
  • Computer Architecture & Organisations
  • Database Fundamentals
  • Research Methodology in Computer Science
  • Software Engineering Fundamentals
  • Operating Systems
  • Computer Networks
  • Object Oriented Analysis & Design
  • Algorithm Design & Analysis
  • Statistical Data Analysis
  • Data Visualisation
Programming Language (Python / R)
EduSpiral counseled us online & then picked us up from the airport to visit MMU in order to help us choose the right university. Mak, Ong & Chaw - Diploma in Information Technology (IT) at Multimedia University (MMU)
EduSpiral counseled us online & then picked us up from the airport to visit MMU in order to help us choose the right university.
Mak, Ong & Chaw – Diploma in Information Technology (IT) at Multimedia University (MMU)

Between the two, Python is the most preferred coding language and is adopted by most Data Scientists. It is easy to understand, versatile, and supports various in-built libraries such as Numpy, Pandas, MatplotLib, Seaborn, Scipy, and many more.

Python is an interpreted, object-oriented, high-level programming language with dynamic semantics. Its high-level built in data structures, combined with dynamic typing and dynamic binding, make it very attractive for Rapid Application Development, as well as for use as a scripting or glue language to connect existing components together.

Python’s simple, easy to learn syntax emphasizes readability and therefore reduces the cost of program maintenance. Python supports modules and packages, which encourages program modularity and code reuse. The Python interpreter and the extensive standard library are available in source or binary form without charge for all major platforms, and can be freely distributed.

Although Python can be used to build pretty much anything, it really shines when it comes to working on technologies like Artificial Intelligence, Machine Learning, Data Analytics. Python also proves to be useful for web development, creating enterprise applications, and GUIs for applications.

On the other hand, R is a language and environment for statistical computing and graphics. It is a GNU project which is similar to the S language and environment which was developed at Bell Laboratories (formerly AT&T, now Lucent Technologies) by John Chambers and colleagues.

R provides a wide variety of statistical (linear and nonlinear modelling, classical statistical tests, time-series analysis, classification, clustering, …) and graphical techniques, and is highly extensible. One of R’s strengths is the ease with which well-designed publication-quality plots can be produced, including mathematical symbols and formulae where needed. Great care has been taken over the defaults for the minor design choices in graphics, but the user retains full control.

R offers a wide variety of statistics-related libraries and provides a favorable environment for statistical computing and design. In addition, the R programming language gets used by many quantitative analysts as a programming tool since it’s useful for data importing and cleaning.

Statistics

For becoming a Data Scientist, having knowledge of statistics and probability is essential. Having a good grasp of Maths will help data scientists interpret large data sets, get insights from them, and analyze them better.

SQL

Structured Query Language (SQL) is used for extracting and communicating with large databases. One should focus on understanding the different types of normalization, writing nested queries, using co-related questions, group-by, performing join operations, etc., on the data and extract in raw format. This data will then further be cleaned either in Microsoft Excel or by using Python libraries.

Data Cleaning

When a Data Scientist is given a project, the majority of the time goes into cleaning the data set, removing unwanted values, handling missing values. It can be achieved by using some inbuilt python libraries like Pandas and Numpy. One should also know how to manipulate data using Microsoft Excel.

In Microsoft Excel, you should know basic data filtering or sorting, Functions or Formulas, Vlookup, Pivot table and charts, and Tables, etc.

Exploratory Data Analysis

Exploratory data analysis is the essential part when talking about data science. The data scientist has many tasks, including finding data patterns, analyzing data, finding the appropriate trends in the data and obtaining valuable insights, etc., from them with the help of various graphical and statistical methods, including:

  1. Data Analysis using Pandas and Numpy
  2. Data Manipulation
  3. Data Visualization
Machine Learning Algorithms

According to Google, “Machine learning is a method of data analysis that automates analytical model building. It is a branch of artificial intelligence based on the idea that systems can learn from data, identify patterns and make decisions with minimal human intervention.”

It is the most crucial step in a life cycle of a data scientist where one has to build various models using machine learning algorithms and should be able to predict and come with the most optimum solution to solve any problem.

What Qualifications do I need to work in Data Science in Malaysia?

EduSpiral helped me to understand clearly what software engineering is about & helped me to choose the right university. Vincent Chow, Software Engineering Graduate, Asia Pacific University
EduSpiral helped me to understand clearly what software engineering is about & helped me to choose the right university. Vincent Chow, Software Engineering Graduate, Asia Pacific University

Job-seekers for data science roles require baseline higher education, holding a Bachelor’s Degree at a minimum. Employers however value short courses and MOOCs in resumes as they reflect active lifelong learning and commitment. Graduates may opt for the Masters programme.

Earning a master’s in data science can help you gain a broad skill set that can be applied to a vast number of tech-related careers, such as data engineering, data architecture, or computer programming. It helps you in acquiring skills to collect, manage and analyze data, its types, trends, and deliver the results accordingly.

While a PhD is not a prerequisite to becoming a data scientist, advanced education is valued. Soft skills such as critical and creative thinking are sought after. Finding an individual that is strong in all the competencies for a data scientist is very rare: the formation of teams with complementary skill sets can address this challenge. Ultimately, employers desire team members who will add value to the ‘bottom line’ of a business through delivering actionable insights.

Financial Technology (Fintech) is an Emerging Hot Job in Demand with High Salary in Malaysia and Globally

A Fantastic Career Opportunity with Financial Technology (Fintech) as it has High Job Demand & Salary in Malaysia

In the past 10 years, we have seen a rapid development in technology-related financial services globally. In fact, investments in Financial Technology or FinTech – an umbrella term that encompasses all institutions that provide and employ newly developed digital and online technologies in the banking and financial services industries – has been steadily increasing, with the industry receiving USD 17.4 billion in investment in 2016 and a whopping USD 31 billion in the following year.

In Malaysia, some of the biggest names in the financial industry are taking steps to facilitate FinTech providers, leading to a future of rapid expansion. With the interest in the FinTech industry in Malaysia growing at such a pace, there is a strong requirement for Fintech graduates & professionals to take up roles. Also, thanks to the tendency towards the cyber security trends in the market in banking and insurance and the digitalisation of transactions, companies are also looking for candidates with both experience and recognised qualifications in data analysis.

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Financial Technology (Fintech) is Fast Evolving to be a Job that is High in Demand with Excellent Salary and Remuneration Package in Malaysia

Mr. Lonnie from EduSpiral, guided us in our confusion of which course to take that has a high job demand & salary and after the counseling, we decided on Fintech. Bryan & Wen Kai, Fintech at Asia Pacific University (APU)
Mr. Lonnie from EduSpiral, guided us in our confusion of which course to take that has a high job demand & salary and after the counseling, we decided on Fintech.
Bryan & Wen Kai, Fintech at Asia Pacific University (APU)

Primarily comprising start-up firms, the FinTech industry specialises in disruptive innovation that many experts believe democratises finance, makes it more accessible and takes a lot of the guesswork out of financial decision-making for both personal and commercial users.

By blurring the lines between technology and finance, FinTech players such as robo-advisory and asset management firms, online lenders, online banks, peer-to-peer lending platforms, mobile payment firms and online remittance firms like InstaReM are redefining financial services, reconstituting the financial landscape and possibly even pushing traditional financial models towards obsolescence.

As FinTech gains momentum year-on-year, there is a huge demand for professionals with specific FinTech skills. For the most part, however, the demand for skilled professionals far outstrips supply; with one LinkedIn report predicting that the global skills gap for candidates with relevant experience and expertise (i.e. those who are likely to achieve success in FinTech) will hit a massive 1.5 million by 2020.

Robert Walters Malaysia country manager Kimberlyn Lu said hiring activity would remain active in 2018, driven mostly by continuous growth of e-commerce, digitalisation, fintech, shared services and better organisational optimisation. We see a high demand in IT jobs spanning across the fintech, banking, as well as the healthcare sector such as data analysts, software engineers and cyber security.

What are some of the most in-demand and highest-paying jobs in the FinTech industry in Malaysia?

Study Fintech in Malaysia
Study Fintech in Malaysia

With the industry projected to grow exponentially in the coming years, talented FinTech professionals will be quickly snapped up for their unique skills and capabilities. Furthermore, FinTech is likely to remain a candidate’s market and demand for knowledge of the following is likely to increase:

Candidates with knowledge of the above are not only highly employable; but also have a wider range of jobs and firms to pick from. Of course, some FinTech jobs – especially at senior and managerial levels – may require candidates to have a combination of several technical competencies along with soft skills such as leadership, problem-solving, critical thinking and relationship management.

What are the High-Paying Jobs In The FinTech Industry?

1. Blockchain Experts & Developers

Skills/experience required include:

  • Programming languages: C, C++, Java
  • Other Programming skills: Hyperledger Fabric, Ripple, Solidity (Ethereum)

Average Salary for Programmers and Software Engineers in Malaysia: RM20,000 a month for Senior Manager Level

In a 2017 special report (Global FinTech Report 2017), PwC predicted that “77% of financial institutions expect to adopt blockchain as part of an in-production system or process by 2020”. With an average of 14 job offerings available to one blockchain developer, this is one of the most in-demand and high-paying jobs in the FinTech industry.

According to the freelancer marketplace Upwork, blockchain is one of the fastest-growing FinTech skills, showing a consistent year-on-year increase of over 35,000%! The need for blockchain experts who can work on smart contract development and blockchain engineering projects or provide blockchain consultancy services will only increase in the next few years.

Salary for Financial Technology Job Positions in Malaysia according to Hays Salary Report 2018

NOTES:

  • Salaries are represented in RM Ringgit Malaysia
  • Typical salary range in ‘000 and is per Year

C++

  • CASH (ALL ASSET CLASSES)
    • Non-Officer (Associate) 70 – 90
    • AVP Senior Associate 100 – 140
    • VP 150 – 220
    • ED 320 – 350
    • MD 300 +
  • DERIVATIVES (ALL ASSET CLASSES)
    • Non-Officer (Associate) 80 – 100
    • AVP Senior Associate 100 – 150
    • VP 160 – 220
    • ED 220 – 330
    • MD 320 +
  • ELECTRONIC TRADING
    • Non-Officer (Associate) 90 – 100
    • AVP Senior Associate 110 – 150
    • VP 160 – 250
    • ED  240 – 330
    • MD 320 +

2. App Developers

Skills/experience required include:

  • Knowledge of Machine Learning, Artificial Intelligence (AI) and Deep Learning
  • Programming languages: C#, C++, Java, Python
  • JavaScript
  • Analytical skills

Understanding of databases, especially distributed databases, Master/Slaves and fault-tolerance

With more and more mobile phones and smart devices being used to manage personal finance, make payments and send and receive money, the demand for mobile apps and solutions, along with those who can create them, is absolutely booming.

In Malaysia, the Smart Phone Penetration is 75.9% while the Mobile Banking Population is at 40% with more opportunity for growth. The mobile banking transaction volume in 2017 1.02 Billion and the value was RM48.3 Billion. This translates to a huge demand for mobile app developers, especially Android engineers.

Salary for Financial Technology Job Positions in Malaysia according to Hays Salary Report 2018

NOTES:

  • Salaries are represented in RM Ringgit Malaysia
  • Typical salary range in ‘000 and is per Year

JAVA

  • CASH (ALL ASSET CLASSES)
    • Non-Officer (Associate) 70 – 100
    • AVP Senior Associate 90 -140
    • VP 160 – 220
    • ED 220 – 350
    • MD 300 +
  • DERIVATIVES (ALL ASSET CLASSES)
    • Non-Officer (Associate) 80 – 100
    • AVP Senior Associate 90 – 150
    • VP 160 – 220
    • ED 220 – 330
    • MD 320 +
  • ELECTRONIC TRADING
    • Non-Officer (Associate) 80 – 100
    • AVP Senior Associate 110 – 150
    • VP 160 – 240
    • ED  240 – 320
    • MD 320 +

3. Quantitative Analysts & Data Scientists

Skills/experience required may include:

  • Knowledge of Machine Learning, Artificial Intelligence (AI) and Deep Learning
  • Data science toolkits: R, Python, Weka, NumPy, MatLab
  • Data visualisation tools: D3.js, ggplot
  • Proficiency in using query languages: SQL, Hive, Pig
  • NoSQL databases: MongoDB, Cassandra, HBase
  • Applied statistics skills: Distributions, statistical testing, regression analysis

Average Salary in Malaysia:

Data Scientists: Starting salary is RM3000 to RM5000 a month and experienced Data Scientists can earn pp to RM15,000 a month

With the rise of Big Data, Machine Learning and Deep Learning, the demand for quantitative analysts and data scientists is also on the rise, not only at FinTech start-ups, but also at large investment banks and hedge funds. These professionals write and execute complex financial models that can sift through and make sense of vast amounts of digital information. They may also design data-driven trading programmes, develop innovative algorithms using quantum computing and automate financial processes to minimise human inputs.

4. Financial Analysts

Skills/experience generally required:

A Bachelor’s degree in Finance/Mathematics/Statistics/Economics/Accounting is usually the basic requirement

Desirable: Certified Financial Analyst (CFA) certification

Average Salary for a Financial Analyst in Malaysia: 

  • According to Kelly Services Salary Report 2018, the job position in Strategic Planning & Financial Analysis can earn RM12,000 – RM38,000 a month while a Financial Analyst with 3-4 years experience is expected to earn RM4,800 to RM7,800 a month.
  • According to Robert Walters Salary Survey 2018, Senior Financial/Business Analyst is expected to earn RM108,00 – RM144,00 a year and a Financial/Business Analyst from RM72,000 – RM108,000 a year

As FinTech start-ups continue to grow, so will the demand for financial analysts who can manage and create budgets, assemble financial reports, run business studies, conduct analyses and make forecasts about future revenues and market trends. For some firms, they may also provide advisory inputs on areas such as stock splits and bond issues.

5. Product Owners/Managers

Skills/experience required:

  • A degree in product management or business – Bachelor’s degree is usually the basic requirement
  • but a Master’s is desirable
  • Marketing, organisational and promotional skills
  • Specific technical skills

Average remuneration:

  • According to Robert Walters Salary Survey 2018, a Marketing Director can earn RM312,000 – RM480,000 a year while a Marketing Manager can draw from RM180,000 – RM264,000 a year.

FinTech product management and/or ownership can involve a fairly diverse set of roles and responsibilities and offers a number of career paths. A FinTech product manager’s primary responsibility is to manage the product development lifecycle: from its early stages to when it finally reaches consumers. A product owner is responsible for identifying, developing and selling potential new FinTech products and for maintaining products to ensure consistent quality.

6. Cybersecurity Analysts/Experts

Skills/experience required may include some or all of the below:

  • Incident investigation and response-ability
  • Governance, risk management, and compliance (GRC)
  • Digital communication technologies
  • Encryption methods
  • Analytical skills

Other desirable skills: Security operations management, virtualisation, data administration and management, communication skills, platform/technology-specific skills

Average salary for Cybersecurity Experts in Malaysia:

  • According to Robert Walters Salary Survey 2018, a Cyber Security Engineer earns RM102,000 – RM270,000 a year

FinTech start-ups, wholly dependent on the Internet and cellular networks for their operations and revenue, are extremely vulnerable to malicious threats from cybercriminals. With the increase in the average number of security breaches worldwide, FinTech firms are incurring ever-higher costs for cybersecurity and crime prevention. This means that the requirement for specialist cybersecurity professionals is very high and expected to grow even further in the future. As with other FinTech careers, the demand/supply gap for Cybersecurity analysts is also very wide, with some estimates suggesting that there may be a shortage of 1.5 million information-and cyber-security professionals by 2020. Therefore, anyone with specific skills in this area is likely to be in very high demand.

Malaysia’s Top Ten Information Technology (IT) or Computing Jobs Most In-Demand

Top 10 Digital Talent Technology Jobs in Malaysia

The gap between the demand for information and computer technology (ICT) talent and the supply of that talent is large. Under the MyDigital initiative, the Malaysian government is openly committed to advance the country digitally, aiming to attract and drive investments in the digital economy to create at least half a million jobs by 2025.

The Information and Technology (IT) industry continues to relish tremendous growth since the pandemic started. It is one of the fastest growing sectors in the Malaysian market to date. According to a report by GlobalData Market Opportunities Forecasts, IT expenditure in Malaysia will reach RM103.75 billion by 2023.

As demand for tech talent increases, private companies and government agencies are making big investments in the tech sector to ensure sustainable growth in the future. For example, Malaysia’s tech hub, Cyberjaya, is receiving RM11bn (£2.1bn) in investments through the implementation of the upcoming Cyber City Centre, while RM1.5bn has been allocated to the Ministry of Science, Technology and Innovation.

With the large investments being pumped into all areas of Malaysia’s technology sector, not only are these major projects going to develop the industry, it will be a primary driver in developing the tech talent pipeline.

The National Policy on Industry Revolution 4.0 (Industry4WRD), spearheaded by the Ministry of International Trade and Industry (MITI), will play a vital role in promoting digitalisation across all sectors. Businesses are starting to pivot their operations to enable remote capabilities, no longer restricted to borders and time zone differences.

The new norm of working from home is a major contributing factor. As remote work protracts indefinitely, businesses are adapting to a hybrid work model. Larger organisations are making efforts to integrate IT into their operations.

As the economy rebounds, the emphasis on Industrial Revolution 4.0 will be the centre of focus. Aligning with the government’s effort, the digital transformation across all sectors and industries will be inevitable. IT professionals will play an active role in the process to keep businesses up-to-date and relevant.

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Urgent and Unprecedented Demand for Technology Talent in Malaysia

EduSpiral helped me to understand clearly what software engineering is about & helped me to choose the right university. Vincent Chow, Software Engineering Graduate, Asia Pacific University
EduSpiral helped me to understand clearly what software engineering is about & helped me to choose the right university. Vincent Chow, Software Engineering Graduate, Asia Pacific University

Malaysia is banking on solid public and private partnerships to close the skills gap as it charts its way to realize the Malaysia 5.0 agenda while eyeing to be the Heart of digital ASEAN.

Inspired by Japan’s Society 5.0, the agenda seeks to transform the country into a digital nation with 4IR (fourth industrial revolution) technologies integrated at every level of its society and steer its national education system to align with a digital future.

The 12th Malaysia Plan revealed in 2021 also sets out to boost the GDP contribution of its digital sector from 22.6% to 25.5% by 2025.

Randstad Malaysia

A report by Randstad Malaysia, stated that companies’ increasing focus on digital transformation will drive talent demand and shape the local workforce in 2021. There will be demand for highly specialised talent, particularly in areas such as Internet of Things (IoT), software development, cloud computing, artificial intelligence, blockchain technology, robotics, project migration and change management.

In the technology industry, Randstad Malaysia predicts four potential areas of technology growth in 2021 – cybersecurity, Software-as-a-Service conferencing solutions, e-commerce, and IoT.

Aligned with its projections on market growth, it said experienced talent in cybersecurity, app development, DevOps and digital marketing would be highly sought-after in 2021.

Malaysian Digital Economy Corp (MDEC)

According to Malaysian Digital Economy Corp (MDEC), theinformation 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.

There are more than 3,000 companies registered under the Multimedia Super Corridor and the industry is currently in need of specialised workers in various IT fields. MDEC projects that by 2025, the IT industry will require one million specialised working professionals as the industry is experiencing a rampant growth.

MDEC Digital Talent Survey 2021

The MDEC Digital Talent Survey 2021 published in October last year found 85% of companies recognize the need to reskill their employees. As 48% of companies adopted digital tech platforms for day-to-day operations, up from 19% in 2020, the required skills have also evolved.

The survey also found that more emphasis is put on technical skills, such as cloud computing, cybersecurity, data analytics, digital marketing, and software development, instead of digital productivity and remote working skills.

MDEC: Digital job vacancies almost tripled in Malaysia

Software Engineering Graduate from Asia Pacific University (APU)
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Jeremy Lee, Software Engineering Graduate from Asia Pacific University (APU)

As Malaysia and the world experience the extended impact from the Covid-19 pandemic, the role of digital is ever more important for the survival of businesses. It is therefore not entirely surprising that digital job vacancies in Malaysia almost tripled from June 2020 to April 2021.

This finding was made based on Malaysia Digital Economy Corporation’s (MDEC) tracking of digital vacancies on five popular recruitment platforms in Malaysia since June 2020.

MDEC found that the number of digital job vacancies increased from around 19,000 in June last year to more than 56,000 as at April 2021, with the largest share of vacancies posted on LinkedIn. The most popular jobs were in software development, data science, IT services and e-commerce. Some 76% of the vacancies were for experienced hires while only about 20% were open to fresh graduates, with the rest for internships.

The country’s leading digital economy agency found the local top 10 in-demand digital skills from the LinkedIn Talent Insights platform as follow:

  1. Analytical skills
  2. Engineering
  3. Computer science
  4. Software development
  5. Programming
  6. SQL
  7. Lead
  8. JavaScript
  9. Information Technology
  10. Cloud computing

Critical Occupation List (COL)

Furthermore, IT jobs such as Software Developers, Computer Network Professionals, System Analysts, and Application Programmers have appeared in every Critical Occupation List (COL) since 2015.

The COL, published by Institute of Labour Market Information and Analysis (ILMIA) and TalentCorp Malaysia, shows occupations that are skilled, sought-after, and strategic across 18 sectors in Malaysia.

LinkedIn

Moreover, Malaysia’s top five emerging jobs were all related to the tech industry as reported by LinkedIn in its report titled 2019 Emerging Jobs in Malaysia.

It analysed “millions” of job titles by LinkedIn users in Malaysia in 2013 and 2017 and then grouped them into common job roles and counted how frequently a particular job role appeared in 2013 versus 2017.

The report identified five future jobs in Malaysia which are Data Scientist, Full Stack Engineer, Drive Test Engineer, User Experience (UX) designer and Content Writer.

MyDIGITAL

In addition, MyDIGITAL is expected to create 500,000 new job opportunities in the digital economy and, in effect, contribute 22.6% of Malaysia’s gross domestic product by 2030.

What are the Ten Most In-Demand Technology Jobs in Malaysia?

EduSpiral counseled us online & then picked us up from the airport to visit MMU in order to help us choose the right university. Mak, Ong & Chaw - Diploma in Information Technology (IT) at Multimedia University (MMU)
EduSpiral counseled us online & then picked us up from the airport to visit MMU in order to help us choose the right university.
Mak, Ong & Chaw – Diploma in Information Technology (IT) at Multimedia University (MMU)

Computing or IT professionals are one of the highest paid in Malaysia. Job demand for Information Technology professional are high and here is the list of the best jobs in demand

  1. Software Engineer
  2. Data Scientist
  3. Cybersecurity Specialist
  4. Artificial Intelligence (Ai) Professional
  5. Internet of Things (IoT) Specialist
  6. Cloud Computing Specialist
  7. Fintech Professional
  8. Robotics Specialist
  9. Information Technology (IT) Professional
  10. Mobile Computing Specialist

Malaysia’s Digital Talent Demand

Software Engineer

Software developers, user interface designers, cloud experts and IT project managers are deemed to see the largest demand in both markets because of the emergence of a lot of startups and small companies. Malaysian businesses want to get digitalised to reduce paperwork and move from traditional retail to e-commerce.

Software developers using the latest technologies are most in demand. JavaScript frameworks such as React.js, Node.js and Angular.js seem to be the hype with digital companies and startups, while other companies dealing with large volumes of transactions in the e-commerce and travel space seem to be moving into using Scala.

Data Science
I found EduSpiral online and he met me and my Dad at the university to counsel us & take us around for a tour. As I didn't come from a rich family, EduSpiral helped me to find a university that's affordable and good. Eric Ng, Diploma in Information Technology (IT) at First City University College
I found EduSpiral online and he met me and my Dad at the university to counsel us & take us around for a tour. As I didn’t come from a rich family, EduSpiral helped me to find a university that’s affordable and good.
Eric Ng, Diploma in Information Technology (IT) at First City University College

Malaysia’s rapid expansion of regional IT hubs in recent years has engendered an acute demand for talent in key positions. This is especially pressing considering Malaysia’s goal to raise 2,000 data scientists and 16,000 data professionals by 2030. Currently, there are only 300 data scientists in Malaysia – both local and foreign.

Malaysia has been spearheading the development of Data Analytics and is close to becoming the data hub of all of Southeast Asia. The nation is putting in efforts to maintain steady growth in the field of Data Science as well as promoting the field to get more people interested.

It is globally recognized that the world is facing a huge gap between the supply and demand for Data Scientists and the stats in Malaysia are the same. The government of Malaysia has the aim of producing around 20,000 data professionals in the oncoming future. Currently, the number of Data Scientists in the country is around 300 which is very less as compared to the demand of Data Scientists by various organizations and companies.

According to official reports, there are around 22 multinational companies involved in Big data and analytics (BDA) which are working in Malaysia, therefore, making constant progress towards making Malaysia a hub for Big data and analytics amongst Southeast Asia.

With various companies such as Coursera, Cloudera and Center of Applied Data Science (CADS), Malaysia has been producing Data Scientists at a better rate as these companies work together with the government and the Universities in the nation to get more people in the field of Data Science and train them with the skill and knowledge to become a proficient Data Scientist.

Cybersecurity
I wanted to study mobile computing & EduSpiral shared with me about the course & helped me to choose the right university
I wanted to study mobile computing & EduSpiral shared with me about the course & helped me to choose the right university
Mun Kit, Mobile Computing at Asia Pacific University (APU)

Cyber security professionals are increasingly in demand as businesses continue to battle the growing threat of cybercrime. Budget 2021 allocated RM27million for cybersecurity programs alone. That itself forms the fundamental building blocks of the digital transition under the Malaysian Digital Economy roadmap.

Malaysia targets employing 20,000 cybersecurity professional by 2025 with the right training in artificial intelligence, Internet of Things and Big Data across all industries. The rapid growth of the cybersecurity industry, coupled with threats posed by technological advancements, is resulting in greater job creation in the field.

Cybersecurity and data systems integration solutions are burgeoning. The essentialities of such services received acknowledgement by SMEs, and the adoption rate reflects the shift. And predictably, the top 10% of job opportunities in Malaysia are cybersecurity related. More businesses and companies understand
the significance of cybersecurity.

With the ongoing global pandemic, most industries are going digital, which indirectly necessitate cybersecurity protection. It is imperative to keep organisations safe by executing new technologies to address the potential risks.

Artificial Intelligence (AI)
I wasn't sure of which course to study & Lonnie , from EduSpiral, guided me to choose the right course based on Job Demand & Salary. Hong Ming, Foundation in Computing & Technology at KDU University College
I wasn’t sure of which course to study & Lonnie , from EduSpiral, guided me to choose the right course based on Job Demand & Salary. Hong Ming, Foundation in Arts & Technology at UOWM KDU University College

11 per cent to 54 per cent of jobs in Malaysia can be significantly affected by AI in the next two decades and 7.4 per cent of Malaysian workers are at risk of being displaced by 2028.

In order to meet the high demand of delivering faster, relevant and holistic services to today’s customers, it is estimated that about 70 percent of organisations will integrate Artificial Intelligence (AI) to assist employee productivity by 2021.

However, only 26 percent of companies in Malaysia have actually begun integrating AI into their operations, according to a survey that was conducted in 2018. The low adoption rate is attributed to two key barriers that are related to organisational culture on AI and limited employee skill sets.

Therefore, the demand for qualified and trained professionals in Artificial Intelligence (AI) is high in Malaysia.

Internet of Things (IoT)
Software Engineering at Asia Pacific University (APU)
I was confused about what to study & at which university. Talking to EduSpiral helped clear my doubts.
Zen Yi, Graduated from Software Engineering at Asia Pacific University (APU)

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, IoT will create a positive impact on several areas. First, it expects mobile device penetration to hit 280% by 2025 (from 144% currently). It also expects mobile broadband penetration to jump to 167% by 2025 (from under 15% in 2015) and mobile services to more than double to US$16 billion in 2025.

MIMOS also added that 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.

In 2015, the Ministry of Science, Innovation & Technology Malaysia launched the National IoT Strategic Roadmap, which forecasted opportunities to reach RM9.5 billion in 2020 and RM42.5 billion in 2025. This is all done to create a national ecosystem to make IoT a new source of economic growth with its industrialisation and proliferation of use.

The National IoT Strategic Roadmap outlines 3 national goals:

  1. Malaysia as the Regional Development Hub for IoT
  2. Create a conducive IoT industry ecosystem
  3. Strengthen technopreneur capabilities in Apps & Services layer
Cloud computing

Malaysia’s public cloud market alone, which amounts to 3.63% of the total IT spending in the country, has already reached USD643.4 million, according to research site Twimbit. This makes Malaysia the second-biggest cloud market in ASEAN after Singapore.

We have seen significant progress in its digital transformation journey, launching the Digital Free Trade Zone, and introducing multiple digital initiatives in its national agenda. Disruptive abilities and technologies such as cloud computing will continue to increase the demand for specialised and skilled employees.

This year has also seen the creation of a new country office by Alibaba – a “one-stop solution centre” for local businesses designed to support Malaysia’s technology innovation through cloud computing services – following soon after the launch of its first electronic world trade platform hub outside of Mainland China, creating the infrastructure to support global trade with services encompassing ecommerce, logistics, cloud computing, mobile payment and talent training.

What Qualifications Should You Have to Work in the Computing & Technology Jobs in Malaysia?

Diploma in IT at Multimedia University (MMU)
EduSpiral helped me to find an affordable and yet world top ranked computer science university.
Vickey, Diploma in IT at Multimedia University (MMU)

With the increased demand for trained professionals in information technology (IT) and the many universities for students to choose from, it is important for the student to be able to choose a university that best fits his or her needs – financially, quality, educationally and career. Within the computing discipline, there are 3 major areas of study that private universities offer which are Information Technology (IT)Computer Science and Software Engineering. These computing fields are related but also quite different from each other and the subjects overlap as well.

With an IT degree, graduates can find work in areas such as information security, network architecture, database administration, systems administration and computer support. However, some of these jobs require advanced computer science and programming knowledge, so students need to decide beforehand which area that they would like to specialise in.

For example, information security requires knowledge of discrete math and algorithms, and database administration requires knowledge of programming. Also, information security analysts usually have certifications, such as ISC or CISSP.

In general, IT professionals need to stay abreast of new technology, and they must be very familiar with how to use operating systems and server software, including Linux, Apache, OpenSSL, Windows Server, Oracle, MySQL and Microsoft SQL Server.

There are many types of computing courses that you can choose or specialise in. You must take the time to talk to the right people so that you understand which one fits you. Students should also choose the best university for computing or IT to study at so that you can gain the necessary knowledge and skills.

What is the Job Demand & Salary for Accountants in Malaysia

High Demand for Professional Accountants in Malaysia Equals to Job Security

The career of a chartered accountant is stable and their services will always be required, no matter the economic climate even in pandemics. The job of a chartered accountant is a great choice for students wanting a career that’s stable with high job demand and salary. Furthermore, chartered accountants are in high demand even during economic downturns, are able to command high salaries and excellent benefits. Accountants are also needed in almost every industry sector. Malaysia is in need of 60,000 qualified professional accountants by 2030. Currently, there are just over 37,000 members registered with the Malaysian Institute of Accountants (MIA).

Choosing an accounting career path means you will have the skills to work in a profession that is constantly in high demand in Malaysia and globally. Companies from all types of industries require accountants to manage their finances. High demand for accounting graduates means you will have strong job security.

Furthermore, graduates that hold a degree in accounting have the potential to earn high-paying salaries depending on the career path they follow. An accounting degree will give you a number of transferable skills that will help enhance your CV and make you a desirable employee to a range of employers. Students will develop strong numerical and quantitative skills, with advanced analytical and problem-solving capabilities.

You might also be interested in:

Please fill up the Form below and I will WhatsApp you and provide you with sound advise on how to choose the best private university or college in Malaysia to study at. If you do not give your mobile number or full name as in IC, your query will not be answered. Our knowledgeable & experienced counsellor will send you a message on WhatsApp & provide assistance from there.

Accountants are High in Demand in Malaysia with Excellent Remuneration

"I met up with EduSpiral about 4 times in Ipoh & at Asia Pacific University to discuss about my future. He provided me with in-depth information and even arranged for me to meet up with the Head of School at APU to talk to me." Kar Jun (Left), Accounting graduate from Asia Pacific University (APU)
“I met up with EduSpiral about 4 times in Ipoh & at Asia Pacific University to discuss about my future. He provided me with in-depth information and even arranged for me to meet up with the Head of School at APU to talk to me.”
Kar Jun (Left), Accounting graduate from Asia Pacific University (APU)

Accountants create financial reports and record financial transactions. For example, public accountants prepare tax returns for individuals and businesses, managerial accountants analyze an organization’s financial health, and forensic accountants investigate financial documents to uncover illegal activities. In general, accountant jobs emphasize recording and reporting the flow of money through financial statements.

Accounting & finance studies and its qualification has become most need in Malaysia as Malaysian government is in the midst of improving their developments in social and economic aspects. An accounting & finance career in Malaysia is most needed and it pays well.

If you’re considering a career in accounting now is the right time to study the course as they are high in job demand and salary.  Job seekers for these fields will quickly find out that most employers in Malaysia require at least a bachelor’s degree for many entry-level positions.

If you find that you are interested in areas like budgeting, historical financial analysis, or financial projections, a business degree is likely the right path for you.

So, What’s Job Demand for Accountants in Malaysia?

"I was confused and had some questions. EduSpiral met up with me and my mum to explain more about the course and helped me choose the right course."
“I was confused and had some questions. EduSpiral met up with me and my mum to explain more about the course and helped me choose the right course.”
Gary, Accounting Graduate from University of Wollongong Malaysia (UOWM) KDU

Choosing an accounting career path means you will have the skills to work in a profession that is constantly in high demand in Malaysia and globally. Companies from all types of industries require accountants to manage their finances. High demand for accounting graduates means you will have strong job security.

  • Accountants are the 4th most in-demand professionals in Malaysia, according to the Institute of Labour Market Information and Analysis which listed them in the top five hottest jobs in 2021.
  • Currently, there are just over 37,000 members registered with the Malaysian Institute of Accountants (MIA). As the country progresses, diversity and inclusiveness will be critical in achieving the targeted number of 60,000 professional accountants by 2030.
  • With the establishment of the Asean Economic Community and the signing of the Asean Mutual Recognition Arrangement Framework for professional accountancy services, the playing field for those in the profession will be bigger. This means aspiring accountants with the right skills and attitude will be in demand with the opening up of Asean. Indeed, there is an opportunity for Malaysia to position itself as a hub for the development of Asean accountancy, based on our talent pool and our adoption of international standards.

Future of Accountants in a Technologically Advanced Work Environment

Diploma in Accounting Graduate from Asia Pacific University (APU)
After I finished my SPM, I felt confused about my further study. Eduspiral, was so patient to answer all my questions and took us around for a campus tour.
Hui Ying, Diploma in Accounting Graduate from Asia Pacific University (APU)

Global trends and technological advancements are transforming the world of work and reshaping the future of the accountancy profession. As technology becomes increasingly sophisticated and present in all aspect of businesses, accounting professionals can expect a shift towards more strategic and analytical roles.

Automation has made things easier for the modern-day finance professional, especially when we are talking about commercial finance that requires information from across business divisions such as sales and marketing or logistics to be analysed. The advances in data science and artificial intelligence are opening up new ways to look at businesses and generating insights that can lead to major productivity improvements.

The automation of accounting transactions is inevitable and accountants have to constantly stay relevant by providing value-add to the business. Competition may be stiffer with lesser accounting jobs in the market over time as a result of automation thus there is a demand for higher quality accountants who are able to provide sound business judgement, proposals while still upholding accuracy. Transactional roles like general ledger, accounts receivable and payable may be endangered, but other higher-skill roles like financial planning and analysis or business controlling would still be in high demand.

In Malaysia, trends in the accountancy profession are Big Data Analytics and Integrated Reporting.

Irrespective of the industry, we generate tonnes of data every day. Accountants and financial professionals can leverage on Big Data. They have the ability to analyse data to help management make informed decisions. Accountants and financial professionals could play a strategic role in the organisation as their ability to interpret data could reveal business opportunities.

Integrated Reporting is the next evolution of corporate reporting. Companies are encouraged to focus beyond financial performance, with an emphasis on the impact of their activities on the economy, environment and society. In doing so, organisations can create greater value over the short-, medium- and long-term.

In Malaysia, the Integrated Reporting initiative is jointly promoted by various parties including the MIA, Securities Commission, Bursa Malaysia and PriceWaterhouse Coopers. The awareness of Integrated Reporting among public listed companies is gradually increasing.

In addition, aspiring accountants also need to keep pace with standards, particularly the International Financial Reporting Standards (IFRSs), a single set of accounting standards developed and maintained by the International Accounting Standards Board. With nearly 120 countries requiring the use of IFRSs by public companies while most other jurisdictions permit the use of IFRSs in at least some circumstances, knowledge of the standards will be most useful to aspiring accountants. It will enable them to stay relevant not only in Malaysia but also across international borders. For example, a Malaysian firm may do business with multinational clients or it may have subsidiaries overseas.

Choose to Study at a Top Private University with an English-Speaking Student Environment

Accounting & Finance at Taylor's University
EduSpiral patiently provided information on many universities offering accounting. Then he met up with me & my parents to take us around the universities. EduSpiral helped me to choose the right university.
Chew Ling, Accounting & Finance at Taylor’s University

In-demand technical abilities and certifications have long been the keys that open doors to top accounting and finance jobs. But today, many employers specifically seek experienced professionals who can bring a range of nontechnical skills to their position, as well.

Once viewed primarily as nice-to-have qualities, soft skills — such as the ability to communicate effectively with non-finance audiences or to work collaboratively across departments — are now requirements for many accounting and finance roles. That includes consulting jobs.

As most accounting graduates aim to work for Multi-National Companies (MNC) or top accounting & audit firms, other than the technical knowledge, skills in communication and English are important. The study by Lee, Lim, Yap and Ling (2013) revealed the issues and challenges of hiring audit juniors in Malaysia. The study found that many newly hired accounting graduates are not job ready despite having excellent academic performance. They are falling short of proper command of both oral and written language skills in English. To overcome this problem, many firms have to provide English classes to the new recruits on a regular basis to sharpen their language skills. In addition, proficiency in English is among the top five skills that employers look for when hiring, a study by the Malaysian Employers Federation (MEF) has found.

Hence, it is important for students to not just find any university to study at but one that has an English-speaking student environment.

The Most in-demand Jobs in Accounting and Finance 2019 According to Randstad

EduSpiral helped me to transfer my Diploma & everything went smoothly. I also asked him to help my younger brother to find the the right university after his UEC". Haw Chieh (Right), Graduated in Accounting from UCSI University
EduSpiral helped me to transfer my Diploma & everything went smoothly. I also asked him to help my younger brother to find the the right university after his UEC”.
Haw Chieh (Right), Graduated in Accounting

In Randstad Malaysia’s new report, the five most-in-demand accounting and finance jobs in Malaysia in 2019 (in no specific order) are as follows:

  1. Commercial finance manager
    In 2019, more MNCs and startups are expected to set up their headquarters or regional hubs in Malaysia because of its favourable tax policies and low labour cost. These new entrants will drive the demand for high-performing commercial finance managers next year.
    Expected salary: MYR120k – 156k per annum for finance managers in MNCs or listed companies
  2. Commercial finance planning manager
    As foreign and Malaysian companies set up more offices and site operations in the country in 2019, we expect to see a higher demand for finance planning managers. Requests for such talent are likely to come from the fast-moving consumer goods and pharmaceutical sectors.
    Expected salary: MYR120k – 144k per annum for finance managers in MNCs or listed companies
  3. Financial controllers
    In 2019, companies need to consider probable cost reduction measures to improve productivity and ensure business sustainability. This means that the job responsibilities of financial controllers will expand as they are expected to play a more integral role to support restructuring exercises.
    Expected salary: MYR216k – 264k per annum for finance managers in MNCs or listed companies
  4. Financial planning manager (bank)
    The newly-implemented Malaysian Financial Reporting Standards (MFRS) 15 and 9 by Bank Negara Malaysia will result in an increasing demand for experienced finance managers in 2019.
    Expected salary:
    MYR120k – 144k per annum for finance managers with six to eight years experience
    MYR160k and above per annum for finance managers with more than 9 years of experience
  5. Group accountant
    As businesses gain more confidence to operate and scale in 2019, companies will start to increase headcount for group accountants to support the consolidation and reporting of financial performance and statements.
    Expected salary: MYR144k – 156k per annum for finance managers in MNCs or public listed companies.

Accounting Salary According to Hays Malaysia Salary Guide 2022

Accounting Salary According to Hays Malaysia Salary Guide 2022
Accounting Salary According to Hays Malaysia Salary Guide 2022

Accounting Salary According to Kelly Services Malaysia Salary Guide 2022

Accounting Salary According to Kelly Services Malaysia Salary Guide 2022

Malaysia Average Salary according to Robert Walters Salary Guide: Accounting & Finance

This is the average salary in Malaysia for Accounting & Finance jobs:

Job TitleAverage Annual Salary (MYR)
Chief Financial Officer420 – 720k+
Head of Shared Services420 – 660k+
Finance Director – (MNC)360 – 480k+
Finance Director – (SME)264 – 360k+
Financial Controller – (MNC)180k – 360k
Head of Functions – RTR, OTC, PTP300 – 360k+
Senior Finance Manager180 – 240k+
FP&A Manager180k – 240k+
Corporate Finance Manager144 – 216k+
Finance Manager/Team Lead120 – 192k+
Tax Manager168 – 240k+
Credit Controller96 – 180k+
Internal Auditor – Manager168 – 240k+
Cost Controller156 – 216k+
Accountant84k – 132k+
AP/AR Analyst54 – 96k+
Senior Financial/Business Analyst120 – 180k+
Financial/Business Analyst84 – 120k+
Treasury Manager144 – 216k+

Salary for Accounting Professionals According to Michael Page Salary Guide 2020

Salary for Accounting Professionals According to Michael Page Salary Guide 2020
Salary for Accounting Professionals According to Michael Page Salary Guide 2020

Where can Accounting graduates work in Malaysia?

From the list below, you can see that the companies that accounting graduates would work at are Multi-National Companies (MNCs) and Government Linked Companies (GNC) therefore requiring a good command of the English language to communicate to the clients, customers, management and overseas partners.

  • Insurance – Prudential Assurance Malaysia, Sun Life Assurance, Hong Leong Assurance, Prudential BSN Takaful, Zurich Insurance Malaysia, AIA, Etiqa, ING, MCIS Zurich, AXA AFFIN Life, Manulife, Tokio Marine Life, Uni.Asia Life Assurance, Great Eastern, AM Life, AIG, Berjaya Sompo, MSIG, Kurnia, Lonpac, Danajamin, Pacific Insurance, Pacific & Orient Assurance, RHB Insurance, Tune Insurance, UniAsia General, Overseas Assurance Corporation, Progressive, QBE, MAA, etc
  • Financial & Investment Institutions – Bank Negara, Bursa Malaysia, Securities Commission Malaysia, AFFIN Investment, ECM Libra, HwangDBS, Hong Leong Investment, Kenanga Investment Bank, KAF Investment Bank, CIMB Investment
  • Bank, AMInvestment Bank, Alliance Investment Bank, OSK Investment, MIDF Amanah Investment, Public Investment Bank, RHB Investment Bank, CIMB Investment, etc
  • Banks – Public, AmBank, Citibank, Hong Leong, HSBC, Maybank, RHB, CIMB, AFFIN,
  • Alliance, Deutsche Bank, J.P. Morgan Chase Bank Berhad, Mizuho Bank (Malaysia), OCBC, Standard Chartered, UOB, The Royal Bank of Scotland, The Bank of Nova Scotia, etc.
  • Islamic Banks -Al Rajhi Banking & Investment Corporation, Alkhair International Islamic Bank, Deutsche Bank Aktiengesellschaft, Affin Islamic Bank, Al Rajhi Banking & Investment Corporation, Alliance Islamic Bank, AmIslamic Bank, Bank Islam Malaysia, Bank Muamalat Malaysia, CIMB Islamic Bank, HSBC Amanah Malaysia, Hong Leong Islamic Bank, Kuwait Finance House, Maybank Islamic, OCBC Al-Amin Bank, Public Islamic Bank, RHB Islamic Bank, Standard Chartered Saadiq, etc
  • Accounting & Auditing firms – Ernst & Young, PricewaterhouseCoopers, Deloitte, KPMG, Baker Tilly Monteiro Heng, Moore Stephens AC, Steven Chin & Co, BDO, Grant Thornton, RSM, Mazars, Crowe Horwarth International, DFK International, Halim & Lee, Begbies Traynor, etc
  • Companies – Every company large or small needs at least one accountant therefore the jobs are plenty. Graduates can work in industries like property, FMCG, retail, fashion, construction, trading, hotel, travel, restaurants, Food & Beverage, SMEs, entertainment, automotive, education, and more.

Who should study accounting in Malaysia?

Students who like maths or accounting subjects. A strong interest in money and finances. Generally, the person is very organised, neat, and likes things to be in order. They are introverts, shy, quiet, and able to focus and concentrate to get work done well.

They are perfectionists and makes sure that anything done, is fully completed on time.

It is also normal for science stream students to go into accounting courses but they should be good in modern maths or add maths.

For more information on whether the accounting course suits you, please contact EduSpiral.

Top 20 Jobs of the Future: Which is the Best Course to Study in Malaysia?

What are the Future Jobs that Malaysian Students Need Know so that You Can Choose the Right Course?

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. 75 million job roles are expected to disappear by 2022 according to the “Future of Jobs Report 2018” by the World Economic Forum. Furthermore, another 133 million roles are expected to emerge. The Fourth Industrial Revolution (Industry 4.0), artificial intelligence (AI), innovation, automation, Internet of Things (IOT) and other technological advancement would impact all industries. The Industry 4.0 will change the kinds of jobs needed across all market sectors.

Between 3.3 million and 6 million jobs are expected to be created in Malaysia by 2030, but with the new age of automation Industrial 4.0, preparation and training are fast becoming the critical factor as the new workforce would need new skills.

The world is changing and changing fast, but what does that mean for your education and career? Find out which jobs are growing and what degrees those jobs need.

Whether you are fresh out of school and considering your degree options or are looking to switch careers, this article is for you. Learn what new jobs will be around for decades to come so that you can prepare yourself by choosing the right course to study. This will help you plan your education and training for long-term benefits as well as ensure that you don’t become jobless when you graduate.

You may also be interested in:

Please fill up the Form below and I will WhatsApp you and provide you with sound advise on how to choose the best private university or college in Malaysia to study at. If you do not give your mobile number or full name as in IC, your query will not be answered. Our knowledgeable & experienced counsellor will send you a message on WhatsApp & provide assistance from there.

The Best Jobs of the Future for Malaysian Students to Consider

Finance & Investment Graduate from UCSI University
EduSpiral advised me to study Finance because it had high job demand & salary.
Darren, Finance & Investment Graduate

There is no question that technology is the driving force behind many of the new jobs in the coming years, and the reason that some jobs will no longer be needed. Subsequently, if you are considering a university degree today, it may be worth considering courses that will lead you to careers that will be around in the future.

This is the logical choice if you would like to concentrate on a degree that leads to good employment and a well-paying career – but it should not stop you from studying something you are passionate about. Education should make you happy as well as securely employed.

By having a view of emerging job trends, it is hoped that students would be inspired to draw up study plans and select career choices and pathways as early as schooling years up to university level that will ensure success in future careers and work environments.

Below you can find 20 of the best jobs of the future for Malaysia students after secondary school to consider. Some of these jobs are already available today, but they are tipped to stay around for decades yet.

#1: Coders

Coding is fast becoming one of the most sought-after skills for technology companies and between researcher groups. There is no doubt that coding is going to pave the way for new jobs in the future.

The software industry is one of the fastest-growing industries in the world with work opportunities in many areas including, but not limited to, telecommunications, defence, electronics and, of course, software development and computing. With a Software Engineering degree, you will be qualified to design, program and create software for literally anything you can think of.

Software Engineering is the field of studying, devising and building a practical solution to a problem. Through software engineering coursework, students learn to create and maintain computer programs and applications.

The objective of a software engineer is to understand a problem within a computer and create software that eases the problem. To work as a software engineer, students should pursue at least a bachelors degree from a top private university. Courses in a computer science undergraduate program may include computer fundamentals, data structures, principles of programming languages, software engineering, and computer architecture.

Software Engineering is an Engineering profession concerned with the processes, methods, and tools for the design and development of high quality, reliable software systems. This involves the study and application of software specification, design, implementation, testing, and documentation of software. Target systems may range from simple software applications to mission-critical real-time systems.

Software Engineering includes the design and implementation of specific, reliable, efficient and secure software systems for a multitude of purposes. Of course, you also have to be able to write or code software if you are going to be able to build the systems around it. ‘Software’ are the programs that we all use on our computers – but Software Engineering goes so much deeper than that. Software engineers usually design a program to fulfil a certain need or solve a problem. Every time you use your email, or an app on your smartphone or a computer accounting system you are using software.

Software Engineering is concerned with the design and implementation of reliable and secure software systems, which have the functionality required for the intended purpose. Software Engineering is also sometimes referred to as “software programming”. Software Engineering is a booming industry with no shortage of opportunities to create unique and life changing programs.

#2: Blockchain developer

You may have heard about Bitcoin or cryptocurrency in the past few years or you may be familiar with “blockchain,” the record-keeping technology behind bitcoin. Intended to be a framework for cryptocurrency Bitcoin when it was first created in 2008, Blockchain technology today is fast penetrating into applications beyond the financial sector.

Blockchain has been experimented in asset management, intellectual property management, logistics, medical records, supply chain, the sharing economy, and more. Blockchain has been described as the most disruptive invention since the Internet. The significance of Blockchain is in its ability to create a trusted record system which is distributed between multiple parties. Put simply, it uses computer systems to create trust in digital-economy transactions. It is a ledger of data that cannot be manipulated.

Blockchain has the potential to revolutionise almost every industry in the modern economy – and higher education is no different. As more students wake up to the digital ledger’s potential, Malaysia’s universities are taking note and adding the subject to their offerings.

Details from the Michael Page Malaysia Salary Benchmark 2020 highlights that fintech is growing at an accelerated rate in Malaysia therefore demand for tech-savvy professionals with experience in e-money and blockchain technologies is strong. Demand for professionals in Blockchain is rising rapidly and this is an opportunity for students interested in computer science to specialise in this field.

#3: Virtual Reality Specialist

Immersive technology is increasing in demand everywhere, and that means job potential for graduates in Virtual Reality. As Augmented Reality (AR) and Virtual Technology (VR) transform the way we shop, play games and even construct military strategies, private universities in Malaysia are fielding increased demand from employers and aspiring students to produce graduates with the skillsets to work in this field.

In the next 30 years, virtual and augmented reality applications and devices at the everyday consumer level will likely be used commonly just like smartphones are used so widely today.

In order, to design and create those virtual reality environments, developers will have to employ specialists who can absorb abstract descriptions of environments and transform them into actual digital experiences. These specialists will have advanced skills in 3D conceptualization, be highly detailed oriented, and be receptive to new and advancing technologies.

#4: Cybersecurity Analysts/Experts

As technology advances, the number of computer systems in Malaysia and globally has increased dramatically, and the dependence upon them by individuals, businesses, industries and governments have grown. This means that there are an increasing number of systems at risk. Serious financial damage can result from cyber attacks and sometimes even physically.

These cyberthreats take many forms such as application attacks, malware, ransomware, phishing, exploit kits). Unfortunately, cyber adversaries have learned to launch automated and sophisticated attacks using these tactics – at lower and lower costs. As a result, keeping pace with cybersecurity strategy and operations can be a challenge, particularly in government and enterprise networks where, in their most disruptive form, cyberthreats often take aim at secret, political, military or infrastructural assets of a nation, or its people.

Computer security, also known as cyber security or IT security, is the protection of computer systems from the theft and damage to their hardware, software or information, as well as from disruption or misdirection of the services they provide.  Cybersecurity refers to a set of techniques used to protect the integrity of networks, programs and data from attack, damage or unauthorized access.

Asean’s cybersecurity spending is forecasted to grow 15% CAGR (compound annual growth rate) between 2015 and 2025. In addition, Malaysia is one of the top three Asean countries that are expected to contribute 75% of the cybersecurity services market share by 2025. In addition, Malaysia targets employing 20,000 cybersecurity professional by 2025.

With so much data that needs to be protected from theft or damage, governments and businesses need trained professionals in Computer Security or Cyber Security to ensure sufficient protection. A degree programme in Cyber Security or Computer Security is not easy to study therefore students should choose top universities in Malaysia with a proven track record in information technology education and having won awards as evidence of their capability. The best universities in Computer Security or Cyber Security will ensure that graduates will be equipped with the knowledge and skills to handle the complexities of the job which will result in an excellent career.

#5: Data Scientist

Data science is a combination of different disciplines such as data inference, algorithm development, and technology so that we can solve analytically complex problems. Huge amounts of raw information, streaming in and stored in enterprise data warehouses. We will need advanced systems and capabilities to sort out the data and analyse it to be used to create value for business.

Data Science or Data Analytics is a combination of various tools, algorithms, and machine learning principles with the aim to find hidden patterns from the raw data. A Data Analyst explains what is going on by processing history of the data. While a Data Scientist not only does the exploratory analysis to discover insights from it, but also uses various advanced machine learning algorithms to find the occurrence of a particular event in the future.

A Data Scientist will look at the data from many angles, sometimes angles not known earlier. All these make Data Science very valuable to companies who want to target large groups of people or customers and analyse the data and behaviour so that they could come up with business strategies.

Malaysia’s national ICT agency Multimedia Development Corporation (MDeC) has unveiled a plan, supported by seven public and private institutes of higher learning (IHLs), to increase the number of local data scientists from the current 80 to 2000.

Statistics show that there will be about two million job openings for data professionals and that the demand for people with this knowledge and skill will outstrip supply by a ratio of two to one.

#6: IoT Specialists

Primarily, IoT is not about the Internet. It is about the physical objects around us that are connected to the Internet.   The Internet of Things (IoT) is a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.

IoT is more than just having Internet connectivity on everyday appliances. Essentially, IoT is a convergence of smart devices that generates data through sensors to create new information and knowledge to boost human intelligence, productivity and quality of life.

IoT is defined as “Intelligent interactivity between human and things to exchange information and knowledge for new value creation”. It is a complex yet complete solution compassing three main technology components, namely connected things with embedded sensors, connectivity and infrastructure, and last but not least, analytics and applications.

A thing, in the Internet of Things, can be a person with a heart monitor implant, a farm animal with a biochip transponder, an automobile that has built-in sensors to alert the driver when tire pressure is low — or any other natural or man-made object that can be assigned an IP address and provided with the ability to transfer data over a network.

According to youth in Malaysia, the most exciting technologies expected to have the largest impact on their future lives will be Internet of Things (IoT) based on survey findings released by Microsoft.

The Internet of Things (IoT) is ranked as the top technology that Malaysian youth expect to have the biggest impact on their lives. In recent years, the confluence of power devices, cloud and data has enabled bold visions on how IoT can be an integrated part of our digital future.

#7: AI jobs

Artificial intelligence is an evolving field that requires broad training, so courses typically involve principles of computer science, cognitive psychology and engineering.  In addition, Artificial Intelligence (AI) is the attempt to build artificial systems that have intelligent behaviour.

There are two main directions of research. One is to understand natural intelligence by the use of computer models. The other provides techniques and technology for building systems capable of intelligent decisions and actions. Thus AI is both a science and an engineering discipline. Applications of AI range from ‘smart’ controllers for household devices to computers that can converse in English, play games, conduct intelligent web searches or act as the brain of a robot.

Leading technology giants Facebook, Google, Amazon are all excited about Artificial Intelligence. Google CEO Sundar Pichai emphasized in 2017 just how important AI is to the future of the company, stating, “I’m really happy with how we are transitioning to an AI-first company. The Google Assistant is one of our first steps towards that future…Advances in machine learning are helping us make many Google products better… Beyond that, we continue to set the pace in machine learning and AI research.” — Alphabet 1Q17 Earnings Call

In addition, Amazon CEO Jeff Bezos shared at the Code Conference in California “It’s hard to overstate how big of an impact AI is going to have on society over the next 20 years.”

#8: Cloud Computing Specialist

Malaysia is facing challenges in building its digital workforce, as reflected in the fast-growing demand for digital talent despite a comparative shortfall in supply. The country needs to focus on creating ‘new collar’ workers, a workforce that is equipped with skills in Cloud, AI and other emerging technologies.

Cloud computing is the delivery of computing services—servers, storage, databases, networking, software, analytics and more—over the Internet (“the cloud”). Companies offering these computing services are called cloud providers and typically charge for cloud computing services based on usage, similar to how you are billed for water or electricity at home.

Cloud computing means storing and accessing data and programs over the Internet instead of your computer’s hard drive. The cloud is just a metaphor for the Internet.

We have to face new types of jobs, environments and technologies. Education has to move together with such advancements therefore students need to choose courses in line with these developments or be left behind by making the wrong choice.

#9: Fintech Professionals

In the past 10 years, we have seen a rapid development in technology-related financial services globally. In fact, investments in Financial Technology or FinTech – an umbrella term that encompasses all institutions that provide and employ newly developed digital and online technologies in the banking and financial services industries – has been steadily increasing, with the industry receiving USD 17.4 billion in investment in 2016 and a whopping USD 31 billion in the following year.

In Malaysia, some of the biggest names in the financial industry are taking steps to facilitate FinTech providers, leading to a future of rapid expansion. With the interest in the FinTech industry in Malaysia growing at such a pace, there is a strong requirement for Fintech graduates & professionals to take up roles.

Primarily comprising start-up firms, the FinTech industry specialises in disruptive innovation that many experts believe democratises finance, makes it more accessible and takes a lot of the guesswork out of financial decision-making for both personal and commercial users.

By blurring the lines between technology and finance, FinTech players such as robo-advisory and asset management firms, online lenders, online banks, peer-to-peer lending platforms, mobile payment firms and online remittance firms like InstaReM are redefining financial services, reconstituting the financial landscape and possibly even pushing traditional financial models towards obsolescence.

#10: App Developers

Understanding of databases, especially distributed databases, Master/Slaves and fault-tolerance

With more and more mobile phones and smart devices being used to manage personal finance, make payments and send and receive money, the demand for mobile apps and solutions, along with those who can create them, is absolutely booming.

In Malaysia, the Smart Phone Penetration is 75.9% while the Mobile Banking Population is at 40% with more opportunity for growth. The mobile banking transaction volume in 2017 1.02 Billion and the value was RM48.3 Billion. This translates to a huge demand for mobile app developers, especially Android engineers.

Skills/experience required include:

  • Knowledge of Machine Learning, Artificial Intelligence (AI) and Deep Learning
  • Programming languages: C#, C++, Java, Python
  • JavaScript
  • Analytical skills

#11: Financial Analysts

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. 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.

As FinTech start-ups continue to grow, so will the demand for financial analysts who can manage and create budgets, assemble financial reports, run business studies, conduct analyses and make forecasts about future revenues and market trends. For some firms, they may also provide advisory inputs on areas such as stock splits and bond issues.

There is a demand for top graduates in banking and finance in Malaysia. Salaries for banking & finance graduates in Malaysia can be very high. The country is said to require 40,000 qualified financial talents by 2020 yet about 56,000 new finance industry jobs will be available in the next 10 years.

#12: Physiotherapist

As the Malaysian population becomes more educated and affluent as well as age, there are more cases of Arthritis and musculoskeletal conditions. With education and a higher income, Malaysians are more open to visiting Physiotherapists to find relief from these conditions.

According to the Malaysian Physiotherapy Association, currently there is an estimated 2,759 practising physiotherapists in the country which is only 0.88 Per 10,000 population. Therefore, there is a demand for more qualified and trained Physiotherapists.

The job of a Physiotherapist can be very satisfying as you have the power to bring physical relief to people who are in pain with hands-on treatment. In addition, you also provide emotional support and self-help strategies that will empower your patients to improve their own health, strength and quality of life.

#13: Robotics Engineer/Specialist

Between 3.3 million and 6 million jobs are expected to be created in Malaysia by 2030, but with the new age of automation Industrial 4.0, preparation and training are fast becoming the critical factor as the new workforce would need new skills.

By 2022, an operational stock of almost 4 million industrial robots are expected to work in factories worldwide. These robots will play a vital role in automating production to speed up the post-Corona economy. At the same time, robots are driving demand for skilled workers. Educational systems must effectively adjust to this demand.

The World Robotics 2020 Industrial Robots report found 2.7 million robots already working across the world. Sales of new robots remain high with 373,000 units shipped globally in 2019, a drop of 12% from the previous year – but still the third highest volume ever recorded.

The study of robotics is a very new field and is a combination of various areas of study. The focus will vary from university to university and students will need to research and look at the subjects to see which one would fit their future career goals. A robot is the product of a combination of Mechanical Engineering, Electronic Engineering and Computer Science or Ai.

#14: Electrical & Electronic Engineer

Electrical & Electronic Engineering covers research, design, development, manufacturing and management of complex systems for many different uses. The computer, tablet or smartphone you purchased recently is a creation of Electrical Engineering design.

Furthermore, robots are comprised of sensors, actuators, microprocessors and sophisticated feedback control systems, all designed by Electrical Engineers. Wireless communication and the Internet are just a few areas electrical engineering has helped flourish, by developing better phones, more powerful computers, and high-speed modems. As we enter the 21st century, the technology that surrounds us will continue to expand and electrical engineers are leading the way.

Imagine the infrastructure that allows you to call anywhere in the world on your mobile phone. Think about the electricity wires that connect your house to the power grid and think about the small electronic devices that you are probably carrying in your pocket or bag. Those who study  will never be out of a job.

Studying Electrical and Electronic Engineering puts you at the centre of a vibrant and fast-moving discipline of relevance to industries such as electronics, information technology, manufacturing, energy generation and supply, transport, and communications. Graduating with a Electrical and Electronic Engineering degree accredited by the Board of Engineers Malaysia (BEM) offers you a quicker, more direct route to Professional Engineer status and opens the doors to working overseas because of the Washington Accord. Electrical & Electronic Engineering jobs are high in demand with excellent salaries, therefore, it will provide incredible opportunities for a great future should you choose the right university to prepare you well.

#15: Digital Marketer

According to We Are Social’s new Digital 2019 Q4 Global Digital Statshot report produced in partnership with Hootsuite, a wealth of new data has contributed to impressive growth across various aspects of digital across the globe. The number of internet users around the world is rapidly approaching 4.5 billion, with the report estimating that implementation of 5G networks will create new digital milestones as mobile data usage reaches unprecedented speeds.

In Malaysia, four-fifths of the country’s 32.25 million population are now online, with 78% being active social media users. These statistics led to Malaysia being ranked 26th in the IMD World Digital Competitiveness Ranking in 2019 with a 79% Internet penetration rate – one of the highest in the Southeast Asia region. There have also been promising moves by Malaysia’s government to keep this momentum going, such as the two key initiatives announced to further boost Malaysia’s digital economy that include developing more tech talent.

With digital marketing now an integral part of any industry, the need for professionals with suitable skills has become a priority for most businesses. However, the rapid evolution of digital marketing has created a “digital disconnect” where professionals are yet to reach the expected level of digital skillsets. This has led to a shortage of suitable talent in the technology jobs market, including digital marketing technology.

Digital marketing is the act of engaging consumers of a certain product through the use of electronic devices such as smart phones, computers, digital billboards, tablets, game consoles and more. Digital Marketers will use multiple online platforms like Facebook, Instagram, YouTube, Google Search, Email, etc. to engage with their audience.  The degree course prepares students for interactive marketing skills through creativity and application of modern digital media to promote sales and profits.

#16: Human Resource Manager

Successful companies realize that workers are as crucial an asset to a company’s success as capital or material holdings.

Attracting the most qualified employees and matching them to the jobs for which they are best suited is important for the success of any company in Malaysia. It is more cost effective to hire the right staff than to take in staff who are not matched to the position and waste the company’s resources in the hiring process and remuneration.

Therefore, today’s human resource professionals are increasingly working with the organization’s top executives on strategic planning to create the conditions that enhance employee performance and to contribute to the overall operations and performance of organizations striving to succeed in the competitive business world.

Human Resource personnel participate in activities of the company related to recruiting and hiring, training and development of staff, determining staff compensation and benefits, employee relations including handling grievances, ensuring occupational health and safety, and other activities geared towards strengthening their organization’s entire workforce.

Almost every company in Malaysia need at least one Human Resource staff to take care of the needs on their employees. Medium and Large companies will have a dedicated Human Resources Department to ensure their staff are well compensated, motivated, trained and receive the correct amount of benefits due to them.

#16: Accountant

Presently, Malaysia has about 7.5 million Accountants. The country requires another 60,000 Accountants. All Accountants have to abide by a strict code of ethics and maintain high professional standards. All practising accountants must register with the Malaysian Institute of Accountants (MIA).

Accounting is the study of how businesses track their income and assets over time. Accountants complete many tasks besides preparing financial statements and recording business transactions including computing costs and efficiency gains from new technologies, participate in the set up for acquisitions and mergers, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management.

#18: Animators

In 2019, Malaysia’s animation scene hit a milestone, says Hasnul. Local animated productions such as Ejen Ali, Upin & Ipin and BoBoiBoy made about RM90 million in total.

According to the Malaysia Digital Economy Corporation (MDEC) — the government-sponsored agency central to the nation’s digital content success, the total digital content industry in Malaysia now stands at RM 7 billion ($1.68 billion) with exports doubling since 2014 to RM 1 billion ($2.4 million). It reports there are now over 100 homegrown studios that have produced more than 65 original IPs and seen their work travel to 120+ countries, with an export value of RM170 million (over $32.2 million). Malaysian students can take advantage of this rapid growth in animation to fill the increase in job demand.

3D animation is basically animating objects that appear in a three-dimensional space. They can be rotated and moved like real objects. 3D animation is at the heart of games and virtual reality. Additionally, it may be used in presentation graphics. Students will develop a vision as an animator, studying concept development, storyboarding, 2D and 3D character animation, editing, graphic processes, sound recording, visual effects, post-production, marketing and distribution. Students wanting to study animation should choose a top private university in Malaysia that has a proven track record, experienced lecturers and adequate facilities & software.

#19: Game Designer/Developer

More people are now playing video games than ever before and according to the Newzoo Global Games Market Report 2021, by the end of 2021 the industry is estimated to generate revenues of $175.8 billion and there will be 2.9 billion players worldwide. The Asia-Pacific region by far accounts for the most players worldwide (55% of the global number), which makes sense as the region is home to roughly the same share (54%) of the world’s online population.

The games market will continue to grow in the following years, exceeding $200 billion at the end of 2023. The Games Industry is growing at an incredible rate and shows no sign of ever slowing down. Almost everyone plays games in some form or another whether on the PC, console or on their mobile devices. The Game Industry is generating more revenue than any other entertainment medium out there so the potential for game developers out there are enormous and is constantly growing daily!

Game developers are amongst the most highly skilled creative talent out there in the creative industry. To be a successful game developer, one not only has to figure out the problems of making a fun and entertaining game but also has to solve the complex production and marketing problems related to the industry. Hence, there is a need for people who are trained and competent in the workflow of Game Development with very specialized fields of study.

#20: Hoteliers and Chefs

As the Covid Pandemic comes to an end, people around the world are set to start travelling again. Before the pandemic hit, tourism was big business, accounting for more than 10 percent of global GDP. The share was even larger in tourism-dependent countries. However, keep in mind that you will only graduate in 4 years times from your hotel management or culinary arts degree, by that time, the tourism industry would have recovered and will need hoteliers and chefs.

Humans will always need human interaction which can never be replaced by technology. Hence, hoteliers and chefs will always be in demand now and in the future. Although, the environment may be more technologically advanced, hoteliers will provide the much needed human touch and chefs would feed our desires.

The demand for well trained hospitality management & tourism management and culinary arts professionals will continue to increase in Malaysia as well as globally therefore providing excellent opportunities for jobs. A degree in hotel management could set you up for a successful career at an airline, large hotel or restaurant chain, an exhibition or conference center, a major event venue and more.

Helping Malaysian Students Choose the Best Courses & Top Private Universities to Study in Malaysia after High School

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