Average Business Consultant Salary in Myanmar for 2024

In this article, we will look at the average Business Consultant salary for 2024 in Myanmar and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Burmese kyat. To keep things simple, we are using the MMK currency code instead of the currency symbol Ks.

How Much Does a Business Consultant Make in Myanmar?

A Business Consultant working in Myanmar will typically earn around 7,763,600 MMK per year, and this can range from the lowest average salary of about 3,805,100 MMK to the highest average salary of 12,121,000 MMK.

Average Annual Salary
7,763,600 MMK
Average Monthly Salary
646,966 MMK

Lowest Annual Salary
3,805,100 MMK
Lowest Monthly Salary
317,091 MMK

Highest Annual Salary
12,121,000 MMK
Highest Monthly Salary
1,010,083 MMK

These are average salaries for a Business Consultant in Myanmar and include benefits such as housing and transport. It's also possible for a Business Consultant to earn more or less than the average salaries shown above.

Business Consultant salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Business Consultant Salaries in Myanmar

So we've looked at the average salaries a Business Consultant will earn in Myanmar. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Business Consultant can earn between 3,805,100 MMK and 12,121,000 MMK on average in Myanmar. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Business Consultant in Myanmar is 7,919,400 MMK. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 7,919,400 MMK, and 50% of the population earn more than 7,919,400 MMK.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Business Consultant salary in Myanmar, 25% of the population are earning less than 5,280,300 MMK while 75% of the population earn more than 5,280,300 MMK.

75% of the population earn less than 10,224,200 MMK, and 25% of the population earn more than 10,224,200 MMK.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Business Consultant Salary by Experience Level in Myanmar

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average business consultant salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Business Consultant in Myanmar that has less than two years of experience can expect to earn somewhere in the region of 4,510,700 MMK.
  • 2 - 5 Years Experience. With two to five years of experience the average Business Consultant salary would increase to 5,794,900 MMK.
  • 5 - 10 Years Experience. From five to ten years of experience as a Business Consultant, the average salary would be 8,004,700 MMK.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 9,910,500 MMK.
  • 15 - 20 Years Experience. A Business Consultant with 15 to 20 years of experience can earn an average of 10,618,800 MMK.
  • 20+ Years Experience. For a Business Consultant with more than 20 years, the expected average salary increases to 11,326,400 MMK.

Average Salary by Experience Chart

0-2 Years
4,510,700 MMK
2-5 Years +29%
5,794,900 MMK
5-10 Years +38%
8,004,700 MMK
10-15 Years +24%
9,910,500 MMK
15-20 Years +7%
10,618,800 MMK
20+ Years +7%
11,326,400 MMK

Business Consultant Salary by Education Level in Myanmar

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Business Consultant in Myanmar based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Business Consultant in Myanmar with a high school education can earn an average salary of 5,628,400 MMK.

  • Certificate or Diploma. A Business Consultant in Myanmar with a certificate or diploma education can earn an average salary of 6,469,100 MMK.

  • Bachelor's Degree. A Business Consultant in Myanmar with a bachelor's degree education can earn an average salary of 8,713,800 MMK.

  • Master's Degree. A Business Consultant in Myanmar with a master's degree education can earn an average salary of 10,956,400 MMK.

Average Salary by Education Chart

High School
5,628,400 MMK
Certificate or Diploma +15%
6,469,100 MMK
Bachelor's Degree +35%
8,713,800 MMK
Master's Degree +26%
10,956,400 MMK

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Myanmar is around 2,720,000 to 8,170,000 MMK and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Business Consultant Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Myanmar, a male business consultant will earn an average of 8,134,400 MMK, while a female business consultant will earn around 7,189,800 MMK.

This means that a male business consultant earns approximately 13% more than a female business consultant for performing the same job.

Average Salary by Gender Chart in Myanmar

Male
8,134,400 MMK
Female -13%
7,189,800 MMK

Business Consultant Average Pay Raise in Myanmar

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Business Consultant in Myanmar is around 13% every 17 months.

The national average pay raise across all professions and industries in Myanmar is around 8% every 18 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 13 ÷ 17 ) × 12  = 9%

What this means is that a Business Consultant in Myanmar can expect to receive an average pay raise of around 9% every 12 months.

Annual Pay Raise by Industry in Myanmar for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Myanmar.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
4%
Energy
8%
Information Technology
3%
Healthcare
7%
Travel
2%
Construction
6%
Education
1%

Business Consultant Bonus and Incentive Rates in Myanmar

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Business Consultant is a high bonus based job, with 79% of employees reporting at least one bonus in the last 12 months.

21% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
79%
No Bonus
21%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Myanmar earn approximately 12% more than private sector employees in the same role.

Public Sector
6,922,100 MMK
Private Sector -12%
6,179,700 MMK

Salaries for Jobs Similar to a Business Consultant

In the table below, we have salary information for jobs that are similar to a Business Consultant in Myanmar.

Job Title Category Salary
Assistant Business Development Manager Business Planning 8,521,700 MMK
Assistant Merchandise Planner Business Planning 5,280,300 MMK
Business Advisor Business Planning 8,099,800 MMK
Business Analyst Business Planning 8,401,800 MMK
Business Continuity Associate Business Planning 5,076,600 MMK
Business Developer Business Planning 4,931,400 MMK
Business Development Analyst Business Planning 5,833,500 MMK
Business Development Associate Business Planning 4,102,700 MMK
Business Development Coordinator Business Planning 4,585,100 MMK
Business Development Director Business Planning 11,891,900 MMK
Business Development Engineer Business Planning 6,300,400 MMK
Business Development Executive Business Planning 8,626,600 MMK
Business Development Manager Business Planning 10,248,600 MMK
Business Development Specialist Business Planning 7,583,100 MMK
Business Manager Business Planning 9,661,800 MMK
Business Operations Specialist Business Planning 7,499,500 MMK
Business Process Writer Business Planning 4,510,700 MMK
Business Systems Analyst Business Planning 8,038,700 MMK
Capacity Planner Business Planning 5,555,200 MMK
Capacity Planning Supervisor Business Planning 7,777,400 MMK
Change Communications Analyst Business Planning 7,105,200 MMK
Change Control Analyst Business Planning 7,633,100 MMK
Change Impact Analyst Business Planning 7,309,600 MMK
Contracts Executive Business Planning 8,062,900 MMK
Corporate Strategy Analyst Business Planning 7,848,500 MMK
Cost Control Engineer Business Planning 5,363,700 MMK
Cost Controller Business Planning 5,761,400 MMK
Cost Estimator Business Planning 5,315,900 MMK
Data Executive Business Planning 4,211,600 MMK
Data Manager Business Planning 6,011,900 MMK
Data Processing Manager Business Planning 7,211,600 MMK
Development Researcher Business Planning 6,024,400 MMK
Director of Business Development Business Planning 11,891,900 MMK
Director of Production Planning Business Planning 10,187,500 MMK
Due Diligence Analyst Business Planning 8,232,100 MMK
Estimating Manager Business Planning 8,496,400 MMK
General Manager Business Planning 10,152,200 MMK
Incident Handler Business Planning 5,471,700 MMK
Incident Specialist Business Planning 7,057,300 MMK
Lean Consultant Business Planning 5,880,300 MMK
Manager Business Planning 11,038,600 MMK
Marketing and Business Development Manager Business Planning 9,841,900 MMK
Materials Planner Business Planning 3,601,500 MMK
Merchandise Assistant Business Planning 3,312,100 MMK
Merchandise Controller Business Planning 3,469,900 MMK
Merchandise Planner Business Planning 3,421,600 MMK
Operations Analyst Business Planning 7,523,300 MMK
Operations Manager Business Planning 8,401,800 MMK
Operations Research Analyst Business Planning 4,739,800 MMK
Planning and Reporting Manager Business Planning 8,329,200 MMK
Planning Director Business Planning 10,704,700 MMK
Project Administrator Business Planning 5,376,200 MMK
Project Manager Business Planning 8,038,700 MMK
Project Planner Business Planning 5,161,100 MMK
Research Assistant Business Planning 4,235,500 MMK
Research Engineer Business Planning 5,123,800 MMK
Research Officer Business Planning 3,925,200 MMK
Risk Management Specialist Business Planning 7,919,400 MMK
Scholarship Coordinator Business Planning 3,817,500 MMK
Store Planner Business Planning 3,889,500 MMK
Strategy Director Business Planning 11,113,100 MMK
Top Research and Development Executive Business Planning 11,326,400 MMK

Salary Comparison by City

If you want to compare salaries with different cities in Myanmar, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Yangon 8,988,700 MMK

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