Average Corporate Strategy Analyst Salary in Malaysia for 2024

In this article, we will look at the average Corporate Strategy Analyst salary for 2024 in Malaysia 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 Malaysian ringgit. To keep things simple, we are using the MYR currency code instead of the currency symbol RM.

How Much Does a Corporate Strategy Analyst Make in Malaysia?

A Corporate Strategy Analyst working in Malaysia will typically earn around 100,140 MYR per year, and this can range from the lowest average salary of about 45,720 MYR to the highest average salary of 159,400 MYR.

Average Annual Salary
100,140 MYR
Average Monthly Salary
8,345 MYR

Lowest Annual Salary
45,720 MYR
Lowest Monthly Salary
3,810 MYR

Highest Annual Salary
159,400 MYR
Highest Monthly Salary
13,283 MYR

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

Corporate Strategy Analyst 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 Corporate Strategy Analyst Salaries in Malaysia

So we've looked at the average salaries a Corporate Strategy Analyst will earn in Malaysia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Corporate Strategy Analyst can earn between 45,720 MYR and 159,400 MYR on average in Malaysia. 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 Corporate Strategy Analyst in Malaysia is 105,940 MYR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 105,940 MYR, and 50% of the population earn more than 105,940 MYR.

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 Corporate Strategy Analyst salary in Malaysia, 25% of the population are earning less than 67,800 MYR while 75% of the population earn more than 67,800 MYR.

75% of the population earn less than 142,300 MYR, and 25% of the population earn more than 142,300 MYR.

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.

Corporate Strategy Analyst Salary by Experience Level in Malaysia

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 corporate strategy analyst 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 Corporate Strategy Analyst in Malaysia that has less than two years of experience can expect to earn somewhere in the region of 53,320 MYR.
  • 2 - 5 Years Experience. With two to five years of experience the average Corporate Strategy Analyst salary would increase to 74,380 MYR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Corporate Strategy Analyst, the average salary would be 109,000 MYR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 128,900 MYR.
  • 15 - 20 Years Experience. A Corporate Strategy Analyst with 15 to 20 years of experience can earn an average of 139,100 MYR.
  • 20+ Years Experience. For a Corporate Strategy Analyst with more than 20 years, the expected average salary increases to 152,100 MYR.

Average Salary by Experience Chart

0-2 Years
53,320 MYR
2-5 Years +38%
74,380 MYR
5-10 Years +42%
109,000 MYR
10-15 Years +22%
128,900 MYR
15-20 Years +6%
139,100 MYR
20+ Years +9%
152,100 MYR

Corporate Strategy Analyst Salary by Education Level in Malaysia

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 Corporate Strategy Analyst in Malaysia 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 Corporate Strategy Analyst in Malaysia with a high school education can earn an average salary of 66,180 MYR.

  • Certificate or Diploma. A Corporate Strategy Analyst in Malaysia with a certificate or diploma education can earn an average salary of 78,940 MYR.

  • Bachelor's Degree. A Corporate Strategy Analyst in Malaysia with a bachelor's degree education can earn an average salary of 115,520 MYR.

  • Master's Degree. A Corporate Strategy Analyst in Malaysia with a master's degree education can earn an average salary of 152,100 MYR.

Average Salary by Education Chart

High School
66,180 MYR
Certificate or Diploma +17%
78,940 MYR
Bachelor's Degree +45%
115,520 MYR
Master's Degree +31%
152,100 MYR

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 Malaysia is around 32,900 to 98,800 MYR 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.

Corporate Strategy Analyst 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 Malaysia, a male corporate strategy analyst will earn an average of 107,680 MYR, while a female corporate strategy analyst will earn around 95,720 MYR.

This means that a male corporate strategy analyst earns approximately 12% more than a female corporate strategy analyst for performing the same job.

Average Salary by Gender Chart in Malaysia

Male
107,680 MYR
Female -12%
95,720 MYR

Corporate Strategy Analyst Average Pay Raise in Malaysia

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 Corporate Strategy Analyst in Malaysia is around 14% every 16 months.

The national average pay raise across all professions and industries in Malaysia is around 9% every 17 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 = ( 14 ÷ 16 ) × 12  = 11%

What this means is that a Corporate Strategy Analyst in Malaysia can expect to receive an average pay raise of around 11% every 12 months.

Annual Pay Raise by Industry in Malaysia for 2024

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

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%

Corporate Strategy Analyst Bonus and Incentive Rates in Malaysia

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 Corporate Strategy Analyst is a high bonus based job, with 83% of employees reporting at least one bonus in the last 12 months.

17% 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
83%
No Bonus
17%

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 Malaysia earn approximately 11% more than private sector employees in the same role.

Public Sector
81,960 MYR
Private Sector -11%
73,820 MYR

Salaries for Jobs Similar to a Corporate Strategy Analyst

In the table below, we have salary information for jobs that are similar to a Corporate Strategy Analyst in Malaysia.

Job Title Category Salary
Assistant Business Development Manager Business Planning 101,960 MYR
Assistant Merchandise Planner Business Planning 60,180 MYR
Business Advisor Business Planning 96,960 MYR
Business Analyst Business Planning 96,560 MYR
Business Consultant Business Planning 98,820 MYR
Business Continuity Associate Business Planning 59,000 MYR
Business Developer Business Planning 64,620 MYR
Business Development Analyst Business Planning 69,260 MYR
Business Development Associate Business Planning 49,020 MYR
Business Development Coordinator Business Planning 55,580 MYR
Business Development Director Business Planning 142,300 MYR
Business Development Engineer Business Planning 83,020 MYR
Business Development Executive Business Planning 97,300 MYR
Business Development Manager Business Planning 129,000 MYR
Business Development Specialist Business Planning 92,500 MYR
Business Manager Business Planning 112,180 MYR
Business Operations Specialist Business Planning 94,380 MYR
Business Process Writer Business Planning 55,220 MYR
Business Systems Analyst Business Planning 99,340 MYR
Capacity Planner Business Planning 67,360 MYR
Capacity Planning Supervisor Business Planning 92,500 MYR
Change Communications Analyst Business Planning 91,960 MYR
Change Control Analyst Business Planning 89,120 MYR
Change Impact Analyst Business Planning 93,660 MYR
Contracts Executive Business Planning 99,340 MYR
Cost Control Engineer Business Planning 64,920 MYR
Cost Controller Business Planning 67,320 MYR
Cost Estimator Business Planning 63,400 MYR
Data Executive Business Planning 48,760 MYR
Data Manager Business Planning 73,760 MYR
Data Processing Manager Business Planning 88,240 MYR
Development Researcher Business Planning 72,780 MYR
Director of Business Development Business Planning 142,300 MYR
Director of Production Planning Business Planning 119,900 MYR
Due Diligence Analyst Business Planning 107,680 MYR
Estimating Manager Business Planning 109,460 MYR
General Manager Business Planning 115,400 MYR
Incident Handler Business Planning 67,320 MYR
Incident Specialist Business Planning 88,260 MYR
Lean Consultant Business Planning 78,500 MYR
Manager Business Planning 127,700 MYR
Marketing and Business Development Manager Business Planning 114,900 MYR
Materials Planner Business Planning 42,320 MYR
Merchandise Assistant Business Planning 40,600 MYR
Merchandise Controller Business Planning 41,820 MYR
Merchandise Planner Business Planning 43,220 MYR
Operations Analyst Business Planning 86,760 MYR
Operations Manager Business Planning 100,580 MYR
Operations Research Analyst Business Planning 63,700 MYR
Planning and Reporting Manager Business Planning 109,000 MYR
Planning Director Business Planning 130,400 MYR
Project Administrator Business Planning 63,380 MYR
Project Manager Business Planning 97,760 MYR
Project Planner Business Planning 62,100 MYR
Research Assistant Business Planning 54,700 MYR
Research Engineer Business Planning 58,280 MYR
Research Officer Business Planning 49,560 MYR
Risk Management Specialist Business Planning 98,140 MYR
Scholarship Coordinator Business Planning 48,920 MYR
Store Planner Business Planning 48,940 MYR
Strategy Director Business Planning 138,800 MYR
Top Research and Development Executive Business Planning 138,800 MYR

Salary Comparison by City

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

City Average Salary
Ampang 97,060 MYR
Ipoh 107,820 MYR
Johor Bahru 103,900 MYR
Klang 92,300 MYR
Kota Kinabalu 102,240 MYR
Kuala Lumpur 106,960 MYR
Kuching 102,460 MYR
Petaling Jaya 102,020 MYR
Shah Alam 102,380 MYR
Subang Jaya 99,560 MYR

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