Average Professor - Accounting Salary in Malaysia for 2024

In this article, we will look at the average Professor - Accounting 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 Professor - Accounting Make in Malaysia?

A Professor - Accounting working in Malaysia will typically earn around 125,100 MYR per year, and this can range from the lowest average salary of about 58,280 MYR to the highest average salary of 194,600 MYR.

Average Annual Salary
125,100 MYR
Average Monthly Salary
10,425 MYR

Lowest Annual Salary
58,280 MYR
Lowest Monthly Salary
4,856 MYR

Highest Annual Salary
194,600 MYR
Highest Monthly Salary
16,216 MYR

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

Professor - Accounting 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 Professor - Accounting Salaries in Malaysia

So we've looked at the average salaries a Professor - Accounting will earn in Malaysia. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Professor - Accounting can earn between 58,280 MYR and 194,600 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 Professor - Accounting in Malaysia is 129,000 MYR. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 129,000 MYR, and 50% of the population earn more than 129,000 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 Professor - Accounting salary in Malaysia, 25% of the population are earning less than 83,100 MYR while 75% of the population earn more than 83,100 MYR.

75% of the population earn less than 167,100 MYR, and 25% of the population earn more than 167,100 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.

Professor - Accounting 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 professor - accounting 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 Professor - Accounting in Malaysia that has less than two years of experience can expect to earn somewhere in the region of 69,780 MYR.
  • 2 - 5 Years Experience. With two to five years of experience the average Professor - Accounting salary would increase to 97,300 MYR.
  • 5 - 10 Years Experience. From five to ten years of experience as a Professor - Accounting, the average salary would be 128,500 MYR.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 159,400 MYR.
  • 15 - 20 Years Experience. A Professor - Accounting with 15 to 20 years of experience can earn an average of 169,000 MYR.
  • 20+ Years Experience. For a Professor - Accounting with more than 20 years, the expected average salary increases to 185,100 MYR.

Average Salary by Experience Chart

0-2 Years
69,780 MYR
2-5 Years +42%
97,300 MYR
5-10 Years +31%
128,500 MYR
10-15 Years +23%
159,400 MYR
15-20 Years +6%
169,000 MYR
20+ Years +10%
185,100 MYR

Professor - Accounting 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 Professor - Accounting in Malaysia based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Master's Degree. A Professor - Accounting in Malaysia with a master's degree education can earn an average salary of 88,020 MYR.

  • PhD. A Professor - Accounting in Malaysia with a phd education can earn an average salary of 157,600 MYR.

Average Salary by Education Chart

Master's Degree
88,020 MYR
PhD +76%
157,600 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.

Professor - Accounting 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 professor - accounting will earn an average of 129,000 MYR, while a female professor - accounting will earn around 119,700 MYR.

This means that a male professor - accounting earns approximately 8% more than a female professor - accounting for performing the same job.

Average Salary by Gender Chart in Malaysia

Male
129,000 MYR
Female -8%
119,700 MYR

Professor - Accounting 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 Professor - Accounting in Malaysia is around 12% every 19 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 = ( 12 ÷ 19 ) × 12  = 8%

What this means is that a Professor - Accounting in Malaysia can expect to receive an average pay raise of around 8% 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%

Professor - Accounting 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 Professor - Accounting is a moderate bonus based job, with 58% of employees reporting at least one bonus in the last 12 months.

42% 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 3% to 6%.

Received Bonus
58%
No Bonus
42%

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 Professor - Accounting

In the table below, we have salary information for jobs that are similar to a Professor - Accounting in Malaysia.

Job Title Category Salary
Academic Advisor Teaching / Education 84,780 MYR
Academic Assistant Teaching / Education 61,460 MYR
Academic Coach Teaching / Education 88,260 MYR
Academic Librarian Teaching / Education 59,000 MYR
Academic Manager Teaching / Education 97,840 MYR
Academic Specialist Teaching / Education 74,300 MYR
Academic Staff Teaching / Education 60,840 MYR
Accompanist Teaching / Education 66,120 MYR
Achievement Coach Teaching / Education 83,760 MYR
Admissions Specialist Teaching / Education 72,380 MYR
Agricultural Sciences Teacher Teaching / Education 66,940 MYR
Anthropology Teacher Teaching / Education 62,860 MYR
Arabic Language Teacher Teaching / Education 60,880 MYR
Archeology Teacher Teaching / Education 66,260 MYR
Architecture Teacher Teaching / Education 75,500 MYR
Archivist Teaching / Education 58,200 MYR
Art Teacher Teaching / Education 63,040 MYR
Assistant School Principal Teaching / Education 85,700 MYR
Assistant Teacher Teaching / Education 60,480 MYR
Biochemistry Professor Teaching / Education 119,700 MYR
Biology Teacher Teaching / Education 69,180 MYR
Bursary Scheme Manager Teaching / Education 77,860 MYR
Business Teacher Teaching / Education 70,940 MYR
Careers Advisor Teaching / Education 83,640 MYR
Careers Consultant Teaching / Education 83,300 MYR
Chemistry Teacher Teaching / Education 63,700 MYR
Child Care Coordinator Teaching / Education 68,060 MYR
Child Care Worker Teaching / Education 56,880 MYR
Childcare Worker Teaching / Education 56,880 MYR
Classroom Assistant Teaching / Education 54,560 MYR
Clinical School Psychologist Teaching / Education 102,380 MYR
College Aide Teaching / Education 83,760 MYR
College and Career Readiness Specialist Teaching / Education 89,340 MYR
College Dean Teaching / Education 152,100 MYR
College President Teaching / Education 150,000 MYR
Communications Teacher Teaching / Education 66,840 MYR
Community Education Officer Teaching / Education 60,480 MYR
Computer Science Teacher Teaching / Education 62,460 MYR
Computer Teacher Teaching / Education 62,460 MYR
Creative Writing Trainer Teaching / Education 79,000 MYR
Credit Counselor Teaching / Education 82,160 MYR
Cultural Studies Teacher Teaching / Education 60,600 MYR
Curriculum Coordinator Teaching / Education 77,640 MYR
Curriculum Developer Teaching / Education 86,640 MYR
Curriculum Specialist Teaching / Education 85,940 MYR
Dean of Faculty Teaching / Education 148,300 MYR
Demonstrator Teaching / Education 61,400 MYR
Deputy Controller of Examinations Teaching / Education 83,760 MYR
Director of Learning Technology Teaching / Education 87,000 MYR
Distance Learning Coordinator Teaching / Education 72,380 MYR
Economics Lecturer Teaching / Education 113,280 MYR
Economics Teacher Teaching / Education 66,180 MYR
Education Administrator Teaching / Education 75,100 MYR
Education Assistant Teaching / Education 60,340 MYR
Education Assistant Director Teaching / Education 83,060 MYR
Education Assistant Librarian Teaching / Education 48,760 MYR
Education Assistant Principal Teaching / Education 73,820 MYR
Education Assistant Professor Teaching / Education 90,540 MYR
Education Associate Teaching / Education 64,720 MYR
Education Consultant Teaching / Education 84,880 MYR
Education Consultant Teaching / Education 96,220 MYR
Education Coordinator Teaching / Education 69,580 MYR
Education Counselor Teaching / Education 79,600 MYR
Education Director Teaching / Education 119,900 MYR
Education Program Specialist Teaching / Education 83,900 MYR
Education Researcher Teaching / Education 99,340 MYR
Education Resource Specialist Teaching / Education 69,400 MYR
Education Services Facilitator Teaching / Education 78,940 MYR
Educational Psychologist Teaching / Education 106,360 MYR
EFL Teacher Teaching / Education 66,580 MYR
eLearning Trainer Teaching / Education 57,360 MYR
Elementary School Teacher Teaching / Education 57,360 MYR
Engineering Lecturer Teaching / Education 107,320 MYR
Engineering Teacher Teaching / Education 95,760 MYR
English Teacher Teaching / Education 63,500 MYR
ESL Teacher Teaching / Education 66,580 MYR
Faculty Assistant Teaching / Education 79,000 MYR
Foreign Language Teacher Teaching / Education 60,460 MYR
GED Teacher Teaching / Education 62,100 MYR
Geography Teacher Teaching / Education 64,180 MYR
Head of Mathematics Department Teaching / Education 89,800 MYR
Head of School Teaching / Education 115,260 MYR
High School Teacher Teaching / Education 73,800 MYR
History Teacher Teaching / Education 65,800 MYR
Infant Teacher Teaching / Education 48,940 MYR
Instructional Assistant Teaching / Education 72,180 MYR
Instructor Teaching / Education 76,280 MYR
Kindergarten Teacher Teaching / Education 52,300 MYR
Language Instructor For Expatriate Teaching / Education 56,060 MYR
Law Teacher Teaching / Education 93,660 MYR
Learning Designer Teaching / Education 80,340 MYR
Lecturer Teaching / Education 116,180 MYR
Librarian Teaching / Education 56,060 MYR
Library Assistant Teaching / Education 44,720 MYR
Library Director Teaching / Education 83,020 MYR
Library Specialist Teaching / Education 56,460 MYR
Library Technician Teaching / Education 50,180 MYR
Life Sciences Teacher Teaching / Education 66,940 MYR
Math Lecturer Teaching / Education 123,400 MYR
Math Teacher Teaching / Education 75,280 MYR
Mathematics Teacher Teaching / Education 79,600 MYR
Mentor Teaching / Education 74,620 MYR
Middle School Teacher Teaching / Education 66,120 MYR
Music Teacher Teaching / Education 63,040 MYR
Nursery Manager Teaching / Education 97,840 MYR
Nursery Worker Teaching / Education 43,480 MYR
Paraprofessional Teaching / Education 87,000 MYR
Physical Education Specialist Teaching / Education 73,800 MYR
Physical Education Teacher Teaching / Education 57,900 MYR
Physics Teacher Teaching / Education 64,920 MYR
Political Science Teacher Teaching / Education 74,540 MYR
Post Doctoral Researcher Teaching / Education 102,620 MYR
Preschool Education Administrator Teaching / Education 73,820 MYR
Preschool Teacher Teaching / Education 51,900 MYR
Primary School Teacher Teaching / Education 60,600 MYR
Principal Teaching / Education 96,540 MYR
Product Specialist Teaching / Education 75,500 MYR
Professor - Architecture Teaching / Education 115,220 MYR
Professor - Biology Teaching / Education 117,660 MYR
Professor - Business Administration Teaching / Education 117,440 MYR
Professor - Chemical Engineering Teaching / Education 119,860 MYR
Professor - Chemistry Teaching / Education 119,900 MYR
Professor - Civil Engineering Teaching / Education 115,260 MYR
Professor - Communication Teaching / Education 118,060 MYR
Professor - Computer Science Teaching / Education 115,400 MYR
Professor - Dentistry Teaching / Education 124,400 MYR
Professor - Drama Teaching / Education 116,740 MYR
Professor - Economics Teaching / Education 117,440 MYR
Professor - Education Teaching / Education 119,900 MYR
Professor - Electrical Engineering Teaching / Education 128,500 MYR
Professor - English Teaching / Education 108,300 MYR
Professor - Environmental Engineering Teaching / Education 119,700 MYR
Professor - Foreign Languages Teaching / Education 117,100 MYR
Professor - Geological Sciences Teaching / Education 123,400 MYR
Professor - History Teaching / Education 116,540 MYR
Professor - Industrial Engineering Teaching / Education 119,560 MYR
Professor - Law Teaching / Education 130,400 MYR
Professor - Legal Support Teaching / Education 111,240 MYR
Professor - Liberal Arts Teaching / Education 115,940 MYR
Professor - Marketing Teaching / Education 119,700 MYR
Professor - Mathematics Teaching / Education 130,400 MYR
Professor - Mechanical Engineering Teaching / Education 119,900 MYR
Professor - Medical Administration Teaching / Education 127,700 MYR
Professor - Medicine Teaching / Education 146,200 MYR
Professor - Music Teaching / Education 115,260 MYR
Professor - Nursing Teaching / Education 111,460 MYR
Professor - Pharmaceutical Sciences Teaching / Education 117,440 MYR
Professor - Philosophy Teaching / Education 125,100 MYR
Professor - Physical Therapy Teaching / Education 119,900 MYR
Professor - Physics Teaching / Education 129,000 MYR
Professor - Psychology Teaching / Education 119,700 MYR
Professor - Rehabilitation Teaching / Education 104,620 MYR
Professor - Social Work Teaching / Education 104,140 MYR
Professor - Sociology Teaching / Education 117,860 MYR
Professor - Special Education Teaching / Education 124,400 MYR
Psychology Teacher Teaching / Education 101,860 MYR
Public Management Assistant Professor Teaching / Education 103,440 MYR
School Counselor Teaching / Education 89,120 MYR
Science Educator Teaching / Education 65,080 MYR
Science Laboratory Assistant Teaching / Education 60,400 MYR
Science Teacher Teaching / Education 66,180 MYR
Secondary Mathematics Teacher Teaching / Education 68,400 MYR
Secondary School Teacher Teaching / Education 67,360 MYR
Special Education Teacher Teaching / Education 70,940 MYR
Special Needs Assistant Teaching / Education 59,000 MYR
Statistics Lecturer Teaching / Education 112,180 MYR
Student Accounts Coordinator Teaching / Education 66,100 MYR
Student Development Specialist Teaching / Education 73,980 MYR
Student Employment Specialist Teaching / Education 74,620 MYR
Student Services Teaching / Education 60,400 MYR
Student Services Coordinator Teaching / Education 59,000 MYR
Student Support Manager Teaching / Education 80,340 MYR
Substitute Teacher Teaching / Education 56,640 MYR
Teacher Teaching / Education 58,000 MYR
Teacher Aide Teaching / Education 53,840 MYR
Teacher Trainer Teaching / Education 82,200 MYR
Teaching Assistant Teaching / Education 48,940 MYR
TEFL Teacher Teaching / Education 72,180 MYR
Training and Development Specialist Teaching / Education 88,580 MYR
Training Coordinator Teaching / Education 63,700 MYR
Tutor Teaching / Education 66,260 MYR
University Teacher Teaching / Education 113,560 MYR
Vocational Education Teacher Teaching / Education 60,600 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 105,440 MYR
Ipoh 127,700 MYR
Johor Bahru 117,440 MYR
Klang 109,000 MYR
Kota Kinabalu 118,060 MYR
Kuala Lumpur 137,400 MYR
Kuching 115,520 MYR
Petaling Jaya 127,700 MYR
Shah Alam 123,400 MYR
Subang Jaya 119,700 MYR

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