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Choosing the right research design and data collection technique is among the most confusing parts of students working on their IGNOU project. Most students begin writing their ignou mcom assignments without having a clear understanding of the type of research they're actually conducting. Because of this, your methodology section will appear lacking, copied, or disconnected from the main topic.
This article is focused on the process of selecting an appropriate research strategy and data collection method of IGNOU MCom projects. It describes concepts in a simple language and links them directly with examples that students can implement them easily.
Research design is an outline for your study. It lays out the course of your research project. If the research design is wrong, everything that will follow data collection the conclusion, and analysis becomes suspect.
IGNOU will not be able to provide complex or highly technical research design. What they are looking for is alignment. The design should reflect your objectives, topic, and accessibility of information.
Many students are penalized not because their topic is bad or their writing style is bad, but because the design does not align with the goals they've outlined in their essays.
The research design will explain the type of study you are conducting. It provides answers to three key questions.
What is being studied
why it is being examined
How it is being researched
In ignou's project work research design generally falls within one of the categories below.
A descriptive research model is one of the most commonly used design for IGNOU MCom projects. It is employed when the objective is to be able to describe a circumstance, condition or a particular performance.
This design can be used for topics like.
The satisfaction of employees
Satisfaction of clients
Analysis of financial performance
Working capital management
Impact of training on employees
In descriptive research The researcher is not allowed to manipulate variables. The main focus is watching and describing the facts.
Example explanation.
The study follows an approach to descriptive research that aims in order to analyse the financial position of the selected firm using pertinent data.
This design is secure and accepted. It is also easy to prove in an ignou MCOM project.
Analytical research is a method of study for research that goes beyond descriptions and attempts to investigate relationships or performance trends.
This design is appropriate when your project has.
Analysis on ratio
Comparison study
Comparative study of companies
Year wise financial evaluation
A lot of finance-related ignou mcom projects use analytical design and descriptive design.
Example explanation.
The study implements an analytical research design to examine the financial performance of the firm using ratio analysis and trend analysis.
This shows depth, but without sounding complicated.
The exploratory research method is utilized in cases where the subject is unfamiliar or unclear. It isn't as prevalent on IGNOU MCom projects but may be used in fields like.
Emerging business practices
Digital payment adoption
New accounting standards awareness
Example explanation.
The study follows an exploratory research plan to determine the perception of employees about recent accounting practices.
Use this design only when your subject is truly exploring something that is not familiar to you.
To decide on the right design You should ask yourself these questions.
Do I describe an existing situation
Am I looking at the performance or trend
Are I examining an idea that is new to me?
If your answer is description, go with descriptive design.
If it includes numbers or comparison then add an analytical design.
If it concentrates on gaining insight into new ideas opt for an exploratory style.
In the majority of ignou mcom submissions Analytic and descriptive designs are more than sufficient.
If you've chosen a research methodology following the selection, the next step involves deciding on the manner in which data will be collected. The data collection method must fit the research plan.
IGNOU permits primary as well as secondary data. What matters is honesty and clarity.
Primary data is data collected on the spot by the investigator for the initial time.
Common primary data tools include.
Questionnaire
Interview
Observation
Primarily gathered data can be beneficial when you're working with opinions about behavior, perceptions, or.
Examples of topics that are appropriate in primary research.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Many students use questionnaires but aren't able to design them properly. IGNOU is not evaluating the questionnaire, however it needs to appear legitimate and rational.
Guidelines for questionnaire design.
Keep questions simple
Do not use any technical words
Make sure you answer close-ended questions
Questions should be linked to objectives
Example description for methodology section.
Primary data was gathered using an organized questionnaire made up of specific questions that are designed to be close to the purpose that the investigation was aiming for.
Do not assert advanced survey techniques if you did not employ them.
Interview method isn't as popular but it's useful for small sample studies. It works well for case study and qualitative research topics.
Example explanation.
Primary data was gathered through personal interviews with selected employees to find out their thoughts about the matter.
Interview method only when you have actually spoken to respondents.
Secondary data is data taken from another source. It is commonly used in the IGNOU MCOM project topics (polyinform.com.ua) mcom projects work.
Sources of secondary information include.
Annual reports Financial statements Books Research journals Company websites Government publications
Accounting and finance topics typically require secondary information.
Example explanation.
The study is based upon secondary data gathered from companies' annual reports journal articles, textbooks also official portals.
Secondary information is perfectly acceptable provided that it is cited correctly.
People often believe that primary information appears prettier. This isn't always the case.
Choose primary data when.
Your topic is about opinions or behaviour
You have access to the people who are responding
Sample size is achievable
Make sure to use secondary data.
Your topic is financial or accounting based
Information is available on reports
This time is short
IGNOU will not punish projects based on secondary data. What matters is proper analysis.
The sampling design explains why respondents or units were picked.
For projects like ignou's mcom simply sampling techniques are sufficient.
Convenience sampling is one of the most commonly used method by students.
Example explanation.
The convenience sampling technique was utilized in order to select respondents on the basis of availability and accessibility.
This is true and is approved by IGNOU.
Random sampling might be mentioned in cases where respondents were picked randomly.
Example explanation.
Random sampling was the method used to pick respondents from the entire population.
This is only used if the selection was actually random.
The size of the sample must be reasonable and manageable.
Common sample sizes of IGNOU projects vary from 30 to 100 people who take part in surveys.
for financial reports, the size of the sample could refers to the number years or the size of companies.
Example explanation.
The sample size is 50 respondents from a selected company.
Or
The study covers financial data of five years consecutively.
Maintain this consistency with your analysis section.
The term "period of study" defines the period of time you will conduct your study.
For topics related to finance, be sure to state the financial years clearly.
For survey topics, you should mention the time of the collection of data.
Example.
The study period consists of three months during which data were collected and analysed.
This is a sign of planning and clarity.
Many ignou mcom project proposals suffer from mistakes that could be avoided.
Copying methodologies from the internet
Using advanced terms without understanding
Discord between goals and methods
It is possible to claim primary data in the absence of evidence
Avoid these pitfalls to improve the quality of your work.
IGNOU appraisers will look for.
Klarity
Logical flow
Application to the topic
Affirmative explanation
They don't expect flawless research. They are looking for genuine effort.
A simple and well explained technique is more often rated higher than a copied technical one.
Always take your time reading your objectives before writing your approach. Every goal must be backed by a methodology.
If the objective is to evaluate the performance of financials, you should mention the ratios.
If objective involves analyzing employee satisfaction, include a questionnaire.
This alignment leaves a strong impression.
The selection of the ideal research design and data collection method has nothing to do with complexity. The key is in the suitability. In an ignou project straightforward choices clearly outlined are the best.
Be aware of your topic. Don't lie about your data. Write in your own words. This alone can help improve scores and confidence.
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