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It Budget Analyst salary in Malaysia

Average Yearly Salary of It Budget Analyst in Malaysia is approximately 123,687 MYR (24,716 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does It Budget Analyst do?

occupation personasAn IT budget analyst is responsible for managing and analyzing the financial aspects of an organization's IT department. They work closely with IT managers and executives to develop and monitor budgets, track expenses, and ensure cost-effectiveness in IT operations. The role involves gathering data on IT projects, evaluating their financial impact, and making recommendations for budget allocation and resource allocation. IT budget analysts also assist in forecasting and planning for future IT investments, as well as identifying opportunities for cost savings and process improvements. Strong analytical skills, attention to detail, and financial acumen are crucial for success in this role. Additionally, IT budget analysts must have a solid understanding of IT systems and technologies to effectively assess their financial implications.

Skills: IT budget analysis, financial management, cost control, resource allocation, IT investments, process improvement
Job industry: Information technology


How much does It Budget Analyst make?

Salary details
How much does It Budget Analyst make?
Estimated Yearly Salary: 123,687 MYR
Estimated Monthly Salary: 10,307 MYR
Estimated Weekly Salary: 2,379 MYR per week
Estimated Hourly Salary: 59 MYR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 119,190 MYR
Estimated Monthly Salary: 9,933 MYR
Estimated Weekly Salary: 2,292 MYR per week
Estimated Hourly Salary: 57 MYR per hour
Last revision of data: 2024-01-08



It Budget Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 24,716 USD
Estimated Monthly Salary: 2,060 USD
Estimated Weekly Salary: 475 USD per week
Estimated Hourly Salary: 12 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Malaysia is a Southeast Asian country located on the Malay Peninsula and the island of Borneo. It has a diverse population consisting of various ethnic groups, including Malays, Chinese, Indians, and indigenous tribes. Malaysia has an estimated population of around 32 million people. The country covers an area of approximately 330,803 square kilometers, making it the 66th largest country in the world.

Estimated national average yearly salary is 78,260 MYR (17,780 USD). Value indicated is pre-tax. Below graph shows estimated It Budget Analyst job salary compared to average salary in Malaysia.
Comparison shows that a person working as It Budget Analyst in Malaysia earns on average:
1.58 times the average salary (or 158% of average salary).

Is It Budget Analyst a well paid job?

Yes, our data shows that It Budget Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for It Budget Analyst?

High salary for It Budget Analyst would be somewhere between 136,056 MYR and 179,346 MYR. However this is an estimation based on Gaussian Distribution.

How much can you save working as It Budget Analyst in Malaysia?

Living in Malaysia the approximate monthly expenses are: 711 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 123,687 MYR
Estimated Monthly Salary: 10,307 MYR
Estimated Weekly Salary: 2,379 MYR per week
Estimated Hourly Salary: 59 MYR per hour
By working as It Budget Analyst a person can save up to 1,348 USD per month or 16,182 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Malaysia, see costs of living in Malaysia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Thailand, Indonesia, Singapore, Brunei, Vietnam, Philippines.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for It Budget Analyst

Thailand is 10,026 USDdown arrow 59%
Details on It Budget Analyst salary in Thailand
Indonesia is 14,641 USDdown arrow 41%
Details on It Budget Analyst salary in Indonesia
Singapore is 93,208 USDup arrow 277%
Details on It Budget Analyst salary in Singapore
Brunei is 43,509 USDup arrow 76%
Details on It Budget Analyst salary in Brunei
Vietnam is 5,566 USDdown arrow 77%
Details on It Budget Analyst salary in Vietnam
Philippines is 5,479 USDdown arrow 78%
Details on It Budget Analyst salary in Philippines
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Malaysia

(927,752 MYR per year, pre-tax.)
(770,656 MYR per year, pre-tax.)
(748,723 MYR per year, pre-tax.)
(724,417 MYR per year, pre-tax.)
(722,312 MYR per year, pre-tax.)
(706,560 MYR per year, pre-tax.)
(706,212 MYR per year, pre-tax.)
(704,735 MYR per year, pre-tax.)
(704,523 MYR per year, pre-tax.)
(703,305 MYR per year, pre-tax.)

Data as of 2025

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