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Selecting the best research design and the method of collecting data is among many of the most naive tasks for students working on an IGNOU project. Most students begin writing their ignou mcom assignments without fully understanding the kind of research they're actually undertaking. Therefore, the methodology section seems uninspired, copied, or unrelated to the subject.
The article focuses solely on the best way to choose the best research design and data collection methodology of IGNOU MCom projects. It describes concepts in a simple language and links them to examples so that students can apply them easily.
Research design is a plan for your study. It outlines the direction of your research project. If the design of your research is flawed, everything that includes data collection, analysis and conclusion may be in question.
IGNOU does not believe in complex or extremely technical research designs. What they look for is alignment. The design should match your goal, topic, and access to data.
A lot of students fail to get marks not just because their content isn't good however, their style does not reflect the objective they've written.
Research design is the way to describe the kind of study you're undertaking. It will answer three important questions.
What is being researched
why it is being looked at
What is being researched
In the case of IGNOU MCOM Project Help Online MCOM project work research design generally falls within one of the categories below.
Descriptive research design is among the most frequently used design for IGNOU MCom projects. It is employed for projects that aim to be able to describe a circumstance, condition or performance.
This design can be used to be used in areas such as.
Satisfaction of employees
Personal perceptions of customers
Analyzing financial performance
Management of working capital
Effect of training on employees
In descriptive research, the researcher does not alter variables. The focus is solely on looking at and explaining existing facts.
Example explanation.
The study employs the pattern of a descriptive research study for analyzing the present financial situation of the company based upon relevant data.
This design is safe as well as accepted. It's also simple explain in an ignou MCOM project.
Analytical research methods are employed in research that goes beyond descriptions and attempts to investigate patterns of performance or relationships.
This design is suitable if your project has.
Ratio analysis
The trend analysis
Comparison study between companies
Financial year wise evaluation
Many finance-related ignou topics are based on analytical design in addition to descriptive design.
Example explanation.
The study implements an analytical design of research to evaluate the financial performance of the business by way of trend and ratio analysis.
This indicates depth without sounding complicated.
Exploratory research designs are used for topics that are novel or unclear. It isn't as prevalent with IGNOU MCom projects but may be used in areas such as.
Emerging business practices
Digital payment adoption
New accounting standards awareness
Example explanation.
The study employs an exploratory research plan to understand employee awareness regarding new accounting practices.
Make use of this design only when your subject area is really exploring something new.
When choosing the right style consider these questions.
Do I need to describe an existing situation
Do I examine the performance or trend
Do I want to explore a new concept
If your answer is descriptive of a concept, you can choose a descriptive style.
If it involves numbers and comparison you can add analytical design.
If it relies on understanding and interpreting new ideas, choose exploratory design.
In most ignou MCOM project submissions Analytic and descriptive designs will suffice.
After deciding on the research design Next step is choosing the method by which data will be collected. The method for collecting data must be compatible with the research design.
IGNOU allows both primary and secondary data. What is important is honesty and clarity.
Primary data refers to data gathered at the point of collection by researchers for the first.
Common primary data tools include.
Questionnaire
Interview
Observation
Primary data is valuable when the project you're working on involves opinions behaviour, perceptions.
Topics that could be appropriate for data that is primary.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Students often use questionnaires, but don't design them correctly. IGNOU is not evaluating the questionnaire in depth, however it must appear relevant and rational.
Guidelines for questionnaire design.
Keep questions simple
Beware of tech-speak.
Use short-ended questions
Questions should be linked to goals
Example description for methodology section.
Primary data was gathered using a structured questionnaire consisting of close-ended questions that were developed according to the goals of the study.
Do not claim advanced survey techniques if you did not employ them.
Interview method is not widely used but it can be effective for small sample studies. It's ideal for case studies and for qualitative topics.
Example explanation.
The initial data collection was done through personal interviews with selected employees to gather their opinions about the topic.
Only use interview methods if you have had contact with respondents.
Secondary data are data that has been stored by an individual. The use of secondary data is widespread in ignou mcom project work.
The sources of secondary data are.
The annual report Financial statement Books Research journals Company websites Government publications
Accounting and finance topics typically are dependent on secondary data.
Example explanation.
The research is based on secondary data gathered from companies' annual reports, textbooks, journals, online websites, and textbooks.
Second-hand information is fine in the right context.
Students tend to think that primary data appears better. However, this is not always the case.
Choose the primary source of data.
The topic you are discussing involves opinions or behaviors
You have access to people
The size of the sample is acceptable
Select secondary data whenever possible.
Your topic is either financial or accounting based
Data is accessible in reports
There is a time limit
IGNOU is not penalizing projects based on secondary information. It is about proper analysis.
A sampling method explains how the participants or units were selected.
In the ignou project work easy sampling techniques are sufficient.
Convenience sampling is the most common method used by students.
Example explanation.
Convenience sampling was the method used to select respondents based on availability and accessibility.
This is realistic and it is accepted by IGNOU.
Random sampling is a possibility if respondents were selected randomly.
Example explanation.
Random sampling method was employed to make respondents available from the overall population.
Only apply this method if your selection was not random.
Sample size should be considered reasonable and easily manageable.
Common sample sizes of IGNOU projects vary from 30 to 100 people who take part in surveys.
To conduct financial analyses, sample size could refer to the number years or businesses.
Example explanation.
The sample size is 50 respondents from the selected organisation.
Or
The study covers financial data from five consecutive years.
Make sure that this is consistent with your analysis section.
The length of study defines the time frame of your research.
For financial subjects, include the years of financial data clearly.
For survey topics, mention the duration of the data collection.
Example.
The study spans the period of three months where data were collected and analysed.
This shows organization and clarity.
Many submissions to projects submitted by ignou suffer from mistakes that could be avoided.
Copying methodologies from the internet
using advanced terms without understanding
Uncertainty between objectives and the methodology
It is possible to claim primary data with no evidence
Avoid these mistakes to improve the quality of your project.
IGNOU Evaluators search for.
Klarity
Logical flow
Application to the subject
Sincere explanation
They do expect not to have perfect research. They require sincere effort.
An easy and well-described approach is often better over a rewritten technical model.
Always check your objectives prior to formulating your strategy. Every goal should be supported by a methodology.
If the objective is to study the financial performance of a company, make reference to numbers.
If objective is to analyze the employee's satisfaction, make reference to questionnaires.
This alignment gives a strong impression.
Selecting the most appropriate research design and method for data collection does not require complexity. It's about being able to use it. In an ignou MCOM project straightforward choices clearly outlined can be the most effective.
Know your subject. Make sure you are honest with your information. Write in your own language. This alone is a great way to improve both marks and confidence.
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