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Selecting the best research design and method of data collection is among the most confusing aspects of the IGNOU project. Most students begin writing their IGNOU mcom projects without clearly understanding what kind of research they are actually doing. As a result, the methodology section appears thin, sloppy, or disconnected from the topic.
This article is focused on how to select an appropriate research plan and data collection methodology with respect to IGNOU MCom projects. The article explains concepts in a simple language and connects them with examples in a way that students can quickly apply them.
Research design functions as an outline for your study. It defines the direction of your research project. If the research strategy is flawed, everything that follows data collection, analysis and conclusion may be in question.
IGNOU does not expect complex or extremely technical research designs. What they look for is alignment. Your design should be in line with your goals, your topic, and availability of data.
Students lose marks often not just because their content isn't good However, the style of their work isn't in line with the goal the students have set out in their writing.
The research design will explain the type of study you're conducting. It answers three basic questions.
What is being investigated?
The reason why it is being examined
What is being studied
In ignou's project work, research design usually falls into one of the following categories.
It is one of the most commonly used design for IGNOU MCom projects. It is employed for projects where the aim is to identify a condition, situation or even a performance.
This design is suitable for topics such as.
Customer satisfaction
Affects the perception of customer
Evaluation of financial performance
Working capital management
Impact of training on employees
In descriptive research researchers are unable to manipulate variables. The focus is only on looking at and explaining existing facts.
Example explanation.
The study is based on an approach to descriptive research that aims for the analysis of the current financial situation of the business based on pertinent information.
This design is safe it is accepted and simple to prove in an project for mcom.
Analytical research design is used in studies that go beyond description, and aims to study relationships or performance trends.
This design is ideal when your project involves.
The ratio analysis
Ratio analysis
Comparative analysis between companies
and their financial evaluation
A lot of finance-related ignou mcom topics are based on analytical design and descriptive design.
Example explanation.
The study uses an analytical research methodology to analyze the financial performance of a company by analyzing trends and ratios.
This shows depth but isn't complicated.
Exploratory research design is used for topics that are in its initial stages or not well defined. It's less frequently used on 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 approach to understand employee awareness regarding new accounting practices.
Use this style only when you are exploring something unfamiliar.
For the best design You should ask yourself these questions.
Do I want to present an existing situation
Am I analyzing either performance or trends
Do I am attempting to discover the possibilities of a new concept
If the answer is a description or description, use descriptive design.
If it involves numbers and comparison the design should be analytical.
If it has to do with understanding new ideas consider exploratory designs.
For the vast majority of ignou mcom project submissions with descriptive and analytical designs are more than adequate.
After deciding on the research design Following that, you must making a decision on how data will be collected. The data collection method must fit the research plan.
IGNOU allows both primary and secondary data. What is important is honesty as well as transparency.
Primary data is data collected from the researchers directly for the first time.
The most commonly used data tools are.
Questionnaire
Interview
Observation
Primary data can be helpful when your project involves opinions as well as perceptions and behavior.
Some examples of topics that would be suitable on the basis of primary data.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
A lot of students take questionnaires, but they don't design them in a proper manner. IGNOU does not look at the questionnaire in depth, however it should be designed to look appropriate and rational.
Guidelines for questionnaire design.
Simple questions should be asked.
Beware of excessive technical vocabulary
Use short-ended questions
Links questions to objectives
Example description for methodology section.
Primary data was collected through a well-structured questionnaire comprising specific questions that are designed to be close to the purpose from the study.
Do not claim the latest survey methods if you did not employ them.
Interview method is less common but it's useful for small sample studies. It's ideal for case studies and qualitative subjects.
Example explanation.
The primary data was gathered through personal interviews with employees to discover their views on the topic.
Utilize the interview technique only if you actually spoke to respondents.
Secondary data is information that has been collected by someone else. It is extensively used in the ignou mcom projects work.
Data sources that are secondary include.
Yearly reports, financials Books Research journals Company websites Government publications
Topics related to finance and accounting mainly depend on secondary data.
Example explanation.
The study relies on secondary data gathered from companies' annual reports books, textbooks, journals in addition to official website.
The use of secondary data is acceptable as long as it is properly referenced.
Students often think primary data looks better. It's not always the case.
Make sure to select primary data when.
The subject of your discussion involves opinions or the way of life.
You have access to participants
The size of the sample is easily manageable
Select secondary data whenever possible.
The subject you are discussing is financial or accounting based.
The data is available within reports
But time is limited
IGNOU MCOM project report [https://www.89u89.com] cannot penalize projects based on secondary data. What is important is proper analysis.
Design of sampling explains how participants or units were picked.
In the work of ignou mcom with simple sampling techniques enough.
The most convenient method of sampling is convenience sampling. frequently utilized method for students.
Example explanation.
The convenience sampling method was used in order to select respondents on the basis of availability and accessibility.
This is real and has been accepted by IGNOU.
Random sampling might be mentioned when respondents were chosen randomly.
Example explanation.
Random sampling was employed to pick respondents from the entire population.
This is only used if the selection was not random.
The sample size must be reasonable and easily manageable.
Standard sample sizes for IGNOU projects range between 30 to 100 people who take part in surveys.
In financial research, sample size may refer to number of years or companies.
Example explanation.
The sample size consists of 50 respondents from the selected group.
Or
The study includes financial information of five consecutive years.
You should keep this in line with your analysis section.
Study period is the time period for your study.
For topics on finance, make sure to mention the financial year clearly.
For survey topics, mention the duration of collecting data.
Example.
The period of study covers three months in which data were gathered and analyzed.
This shows organization and clarity.
Many of the ignou mcom submissions are ruined by mistakes that could have been avoided.
Copying methodologies from the internet
Using advanced terms without knowing
the difference between the objectives and methodology
Claiming primary data without evidence
Avoid these mistakes to improve the quality of your work.
IGNOU evaluations are looking for.
Klarity
The flow of logic
Relationship to the subject
Truthful explanation
They don't require flawless research. They look for honest efforts.
Simple and well explained method is often more effective than an undocumented and copied technique.
Be sure to read your objectives prior to writing the methodology. Each objective must be backed by a strategy.
If the objective is to evaluate the performance of financials, you should mention ratios.
If objective is to examine employee satisfaction, use questionnaires.
This alignment creates a strong impression.
The right research design and data collection technique will not be about complexity. It's about adaptability. In a project like ignou mcom easy choices, clearly explained can be the most effective.
Get to know your subject. Be honest about your data. Write your thoughts in your own words. This alone can increase both scores and confidence.
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