A person working as Business Analyst in Malaysia typically earns around 8,130 MYR. Salaries range from 4,310 MYR (lowest) to 12,400 MYR (highest).
This is the average salary including housing, transport, and other benefits. Business Analyst salaries in Malaysia vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Minimum Salary 4,310 MYR |
Median 7,330 MYR |
Maximum 12,400 MYR |
Salaries for the position Business Analyst in Malaysia range from 4,310 MYR (starting salary) to 12,400 MYR (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
With a median salary of 7,330 MYR, half of the professionals who work as Business Analyst in Malaysia earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Business Analyst in Malaysia earn less than 6,110 MYR, while 75% earn more. Similarly, the chart shows that 75% earn less than 8,300 MYR while 25% earn more.
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Business Analyst in Malaysia compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 4,810 MYR to 6,530 MYR. About 20% of salaries are below the 4,810 MYR mark, while 10% fall within the range of 6,530 MYR to 7,310 MYR. Only 5% of individuals have salaries exceeding 7,310 MYR.
0 - 2 Years | 4,960 MYR | |
2 - 5 Years | +23% | 6,080 MYR |
5 - 10 Years | +42% | 8,620 MYR |
10 - 15 Years | +17% | 10,100 MYR |
15 - 20 Years | +10% | 11,100 MYR |
20+ Years | +6% | 11,700 MYR |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Business Analyst and this is what we found.
Employees with less than two years of experience earn approximately 4,960 MYR.
While someone with an experience level between two and five years is expected to earn 6,080 MYR, 23% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 8,620 MYR, 42% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 10,100 MYR, 17% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 11,100 MYR, 10% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 11,700 MYR, 6% more than people with fifteen to twenty years of experience.
High School | 6,000 MYR | |
Certificate or Diploma | +13% | 6,810 MYR |
Bachelor's Degree | +31% | 8,900 MYR |
Master's Degree | +32% | 11,700 MYR |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Business Analyst in order to make a comparison.
Employees at this education level have an average salary of 6,000 MYR.
At this level, the average salary becomes 6,810 MYR, 13% more than the previous level.
At this level, the average salary becomes 8,900 MYR, 31% more than the previous level.
At this level, the average salary becomes 11,700 MYR, 32% more than the previous level.
A Master's degree program or any post-graduate program in Malaysia costs anywhere from 33,100 MYR to 99,200 MYR and lasts approximately two years. That is quite an investment.
You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Business Analyst in Malaysia, the average difference between the salary of male and female employees is 10%.
Male | 8,440 MYR | |
Female | -9% | 7,690 MYR |
Individuals working as Business Analyst in Malaysia are likely to observe a salary increase of approximately 14% every 16 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
23% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 77% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 6% to 8% of their annual salary.
Received Bonus | 77% | |
No Bonus | 23% |
The most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs | |
Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The minimum pay rate per hour for people working as Business Analyst in Malaysia is 25 MYR. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Job Title | Average Salary |
Business Planning | -100% | |
Agile Coach | 7,800 MYR | -4% |
Assistant Business Development Manager | 8,630 MYR | +6% |
Assistant Merchandise Planner | 5,040 MYR | -38% |
Business Advisor | 7,980 MYR | -2% |
Business Analyst | 8,130 MYR | -0% |
Business Consultant | 8,160 MYR | +0% |
Business Continuity Associate | 4,850 MYR | -40% |
Business Developer | 5,510 MYR | -32% |
Business Development Analyst | 5,880 MYR | -28% |
Business Development Associate | 4,210 MYR | -48% |
Business Development Coordinator | 4,690 MYR | -42% |
Business Development Director | 11,800 MYR | +45% |
Business Development Engineer | 6,760 MYR | -17% |
Business Development Executive | 8,250 MYR | +1% |
Business Development Manager | 10,700 MYR | +32% |
Business Development Specialist | 7,760 MYR | -5% |
Business Manager | 9,490 MYR | +17% |
Business Operations Specialist | 7,990 MYR | -2% |
Business Process Writer | 4,510 MYR | -45% |
Business Systems Analyst | 8,220 MYR | +1% |
Capacity Planner | 5,630 MYR | -31% |
Capacity Planning Supervisor | 7,750 MYR | -5% |
Change Communications Analyst | 7,740 MYR | -5% |
Change Control Analyst | 7,360 MYR | -10% |
Change Impact Analyst | 7,680 MYR | -6% |
Chief Automation Officer | 9,890 MYR | +22% |
Chief Innovation Officer | 10,500 MYR | +29% |
Contracts Executive | 8,320 MYR | +2% |
Corporate Strategy Analyst | 8,420 MYR | +4% |
Cost Control Engineer | 5,460 MYR | -33% |
Cost Controller | 5,760 MYR | -29% |
Cost Estimator | 5,400 MYR | -34% |
Crisis Management Specialist | 8,570 MYR | +5% |
Data Executive | 4,130 MYR | -49% |
Data Manager | 6,180 MYR | -24% |
Data Processing Manager | 7,270 MYR | -11% |
Development Researcher | 5,940 MYR | -27% |
Digital Strategist | 8,530 MYR | +5% |
Digital Transformation Manager | 8,600 MYR | +6% |
Director of Business Development | 11,800 MYR | +45% |
Director of Production Planning | 10,100 MYR | +24% |
Drop Shipping Consultant | 6,960 MYR | -14% |
Due Diligence Analyst | 8,840 MYR | +9% |
Estimating Manager | 9,190 MYR | +13% |
General Manager | 9,700 MYR | +19% |
Growth Hacker | 6,260 MYR | -23% |
Impact Assessment Specialist | 7,060 MYR | -13% |
Impact Investing Analyst | 7,280 MYR | -10% |
Incident Handler | 5,760 MYR | -29% |
Incident Specialist | 7,280 MYR | -10% |
Lean Consultant | 6,450 MYR | -21% |
Manager | 10,500 MYR | +29% |
Marketing and Business Development Manager | 9,500 MYR | +17% |
Materials Planner | 3,460 MYR | -57% |
Merchandise Assistant | 3,500 MYR | -57% |
Merchandise Controller | 3,610 MYR | -56% |
Merchandise Planner | 3,560 MYR | -56% |
Online Consultant | 6,820 MYR | -16% |
Online Reputation Manager | 6,570 MYR | -19% |
Operations Analyst | 7,130 MYR | -12% |
Operations Manager | 8,340 MYR | +3% |
Operations Research Analyst | 5,200 MYR | -36% |
Planning and Reporting Manager | 9,000 MYR | +11% |
Planning Director | 11,000 MYR | +35% |
Product Designer | 6,120 MYR | -25% |
Product Manager | 6,650 MYR | -18% |
Project Administrator | 5,140 MYR | -37% |
Project Manager | 8,080 MYR | -1% |
Project Planner | 5,100 MYR | -37% |
Research Assistant | 4,550 MYR | -44% |
Research Engineer | 4,940 MYR | -39% |
Research Officer | 4,180 MYR | -49% |
Risk Management Specialist | 8,070 MYR | -1% |
Scholarship Coordinator | 4,060 MYR | -50% |
Store Planner | 4,120 MYR | -49% |
Strategy Director | 11,700 MYR | +44% |
Top Research and Development Executive | 11,700 MYR | +44% |
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Malaysia is 9% on average across all career fields.
Private Sector | 6,340 MYR | |
Public Sector | +9% | 6,900 MYR |
A good and competitive compensation would range anywhere between 7,330 MYR and 8,300 MYR. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
The base salary for a careers like Business Analyst in Malaysia ranges from 4,310 MYR to 6,110 MYR. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary