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Selecting the best research design and data collection technique is one of the most ambiguous aspects of the IGNOU project. Many students begin writing their ignou project without having a clear understanding of the type of research they're actually undertaking. In the end, the methodology section seems poor, duplicated, or out of sync with the subject.
This article focuses only on how to select an appropriate research style and method of data collection specifically for IGNOU MCom projects. It presents concepts in simple language and connects them through practical examples to ensure that students can use them effectively.
Research design functions as the blueprint of your study. It lays out the course of your project. If the research concept is wrong, then everything that goes along with data collection, research, and conclusion becomes questionable.
IGNOU does not anticipate complex or highly technical research designs. What they expect is alignment. Your design should correspond to your goals, subject, and the availability of data.
Many students are penalized not just because their content isn't good or their writing style is bad, but because the design does not reflect the objective they've established in their paper.
Research design defines the kind of research you're conducting. It is the answer to three essential questions.
What is being investigated?
Why it is being examined
What is being researched
In the case of ignou MCOM project work research design is usually categorized to one of the aforementioned categories.
The descriptive design for research has become the most widely utilized design in IGNOU MCom projects. It is employed when the goal is to be able to describe a circumstance, condition, or performance.
This design is ideal for topics like.
Employee satisfaction
Experience of the customers
Performance analysis
Management of working capital
Impact of training on employees
In descriptive research, the researcher does not manipulate variables. The research is focused on noting and describing existing facts.
Example explanation.
The study is based on the design of a descriptive study for the analysis of the current financial position of the selected business using relevant data.
This design is safe, accepted, and easy use in a project for mcom.
An analytical research design is utilized in research that goes beyond descriptions and attempts to look at relations or performance trends.
This design is appropriate if the project you are working on includes.
The ratio analysis
Analyse of trend
Study of comparison between companies
Financial year wise evaluation
Many finance-related ignou projects employ analytical design along with descriptive designs.
Example explanation.
The study employs an analytical research design to evaluate the financial performance of a company using trend analysis and ratios.
This shows depth but isn't complex.
The exploratory research method is utilized when the topic is new or not clearly defined. It's not so common for IGNOU MCom projects but may be utilized in other areas such as.
Emerging business practices
Digital payment adoption
New accounting standards awareness
Example explanation.
The study follows an exploratory design of research to study the employee's perception of current accounting practices.
Use this style only when you are exploring something unfamiliar.
To decide on the right design Consider these questions.
Am I describing a present situation
Am I looking at the performance or trend
Are I researching some new concepts
If the answer is "description it is best to go with descriptive designs.
If it is based on numbers and comparison, add analytical design.
If it focuses on understanding new ideas then go with exploratory designs.
For most ignou project submissions that are descriptive and analytical, these designs are more than sufficient.
Once you've decided on a research strategy the next step is selecting the way in which data is collected. The method of data collection should complement the research strategy.
IGNOU permits primary as well as secondary data. What is important is honesty and transparency.
Primary data is data collected directly by the researcher for the first time.
Common primary data tools include.
Questionnaire
Interview
Observation
Primary data is important when you're working with opinions as well as perceptions and behavior.
Some examples of topics that would be suitable with primary statistics.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Many students employ questionnaires and fail to design them correctly. IGNOU doesn't evaluate the questionnaire thoroughly, but it should appear appropriate and rational.
Guidelines for questionnaire design.
Questions should be simple
Avoid technical language
Use closed ended questions
Be sure to link questions with objectives
Example description for methodology section.
Primary data was collected through an organized questionnaire made up of open-ended questions, designed according to the goals to be studied.
Do not make claims for advanced survey methods if you do not employ them.
The interview method is not very popular but it's useful for small sample studies. It's a great option for case research as well as qualitative topics.
Example explanation.
Primary data was collected through individual interviews with employees to understand their views about the issue.
Employ the interviewing method only if you actually had a conversation with the respondents.
Secondary data are data that has been stored by an individual. It is used extensively in the ignou MCOM project work IGNOU - mixclassified.com - project.
Sources of secondary information include.
Statements of financial positions Books Research journals Company websites Government publications
Topics related to finance and accounting mainly require secondary information.
Example explanation.
The study is based upon secondary information gathered from annual reports publications, textbooks and journals including official site websites.
The use of secondary data is acceptable for as long as it's properly identified.
Students often think primary data appears better. That is not always true.
Use primary data only when.
The subject of your discussion involves opinions or actions
You have access to those who have an opinion
Sample size is controlled
Make sure to use secondary data.
The topic you choose is finance or accounting related.
Data is available in reports
and reports. Time is not unlimited.
IGNOU won't punish any of its projects based on secondary data. What matters is the correct analysis.
A sampling method explains how the participants or units were picked.
In the ignou project work it is simple to use sampling methods sufficient.
Convenience sampling is among the most frequently used method for students.
Example explanation.
Convenience sampling was the method used to select respondents according to availability and accessibility.
This is an accurate assumption and is acceptable by IGNOU.
Random sampling could be used in the event that respondents were randomly selected.
Example explanation.
The random sampling method was used to select respondents from the population.
Only use this if the selection was actually random.
Size of the sample should be appropriate and easy to manage.
Common sample sizes of IGNOU projects range from 30 and 100 respondents in surveys.
When it comes to financial analysis, sample size could be a reference to number of years or the size of companies.
Example explanation.
The sample size is 50 participants from the selected organisation.
Or
The study covers financial data from five consecutive years.
This should be consistent with the analysis section.
Study time defines the length of your study.
For financial subjects, include the years of financial data clearly.
For survey topics, provide the time of collecting data.
Example.
The study spans 3 months during which information was collected and analyzed.
This shows planning and clarity.
Many ignou mcom project submissions suffer due to avoidable mistakes.
Copying methodologies from the internet
Utilizing terms of the future without knowing
Inconsistency between objectives and methods
using primary data in the absence of evidence
Beware of these mistakes and improve your project quality.
IGNOU Evaluations seek.
Clearness
Clarity
Connection to the subject
Affirmative explanation
They don't want to be able to guarantee perfect research. They expect genuine effort.
Simple and well-explained approach usually performs better that a technical copy.
Read your objectives thoroughly prior to writing methodology. Every goal must be backed with a method.
If the objective is to evaluate financial performance, refer to the ratios.
If objective is to measure employee satisfaction, mention questionnaire.
This alignment creates a strong impression.
The choice of the best research design and method for data collection cannot be a matter of complexity. It's about being able to use it. In a project like ignou mcom Simple choices that are clearly explained is the ideal way to go.
Be aware of your topic. Do your best to be honest about your information. Write your thoughts in your own words. This alone is a great way to improve both scores and confidence.
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