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Making the right choice in terms of research design and data collection method is among the most ambiguous aspects for students completing their IGNOU MCOM project writing services project. Most students begin writing the ignou mcom proposal without knowing what research they're actually carrying out. Because of this, the methodology section seems poor, duplicated, or disconnected from the main topic.
This article focuses exclusively on the process of selecting an appropriate research strategy and data collection methodology with respect to IGNOU MCom projects. It clarifies concepts using a simple words and provides them to examples so that students are able to use them immediately.
Research design functions as an outline for your study. It outlines the direction of your research project. If the research methodology does not meet the criteria, everything that comes after data collection, analysis and conclusion may be in question.
IGNOU does not require complex and highly technical research concepts. What they require is alignment. The design should align with your goals, objectives, topic, as well as the availability of data.
Students often lose marks not because their topic is bad or their writing style is bad, but because the design does not support the objectives they've outlined in their essays.
Research design can explain what type of study you are conducting. It answers three basic questions.
What is being investigated?
for? Why is it being studied
What is being investigated
In the ignou mcom project work research design generally falls to one of the aforementioned categories.
In general, descriptive research designs are the most commonly utilized design used in IGNOU MCom projects. It is used for projects that aim to denote a situation or condition or performance.
This design is appropriate for subjects like.
The satisfaction of employees
Customers' perception
Financial performance analysis
Working capital management
Impact of training on employees
In descriptive research researchers are unable to manipulate variables. The primary focus is studying and describing the existing facts.
Example explanation.
The study is based on the design of a descriptive study for analyzing the present financial situation of the business based on pertinent information.
This design is safe to use, well-accepted, and easy to defend in an MCOM project.
Analytical research is utilized when the study goes beyond description to try to determine and compare performance trends.
This design is suitable when your project involves.
Ratio Analysis
Tend analysis
Comparison study between companies
Year-wise financial evaluation
Many finance related ignou mcom topics are based on analytical design along with descriptive designs.
Example explanation.
The study adopts an analytical research methodology to analyze the financial performance of the firm by using ratios and trend analysis.
This shows depth, but without sounding complicated.
Exploratory research design is employed in cases where the subject is fresh or has not been clearly defined. It is less frequent and is not used in 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 research plan in order to examine the knowledge of employees about current accounting practices.
Use this design only when your topic is really exploring something new.
For the best design Consider these questions.
Do I want to present an existing situation
Do I analyze the performance of or trends
Am I exploring a new concept
If the answer is "description of a concept, you can choose a descriptive style.
If it includes numbers or comparison it is advisable to add an analytical style.
If it involves a deeper understanding of new ideas select exploratory design.
To be used for most ignou-mcom project submissions conceptual and analytical designs are more than enough.
When you have chosen the research plan the next step is making a decision on how data will be taken. The method of data collection should complement the research design.
IGNOU accepts primary and secondary data. What is important is honesty, and clarity.
Primary data are data that is collected directly by the researcher for the first time.
Common primary data tools comprise.
Questionnaire
Interview
Observation
Primary data is important to use when your project involves beliefs or perceptions.
Topics suitable on the basis of primary data.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Many students make use of questionnaires, but do not design them properly. IGNOU is not evaluating questions in depth, but it should appear appropriate and logical.
Guidelines for questionnaire design.
Answers should be straightforward
Do not use Technical language
Make sure you answer close-ended questions
Link questions with goals
Example description for methodology section.
Primary data was collected using an organized questionnaire made up of short-ended questions formulated according to the goals that the investigation was aiming for.
Do not claim advanced survey techniques if your did not employ them.
Interview method is not widely used but can be helpful for small-sample studies. It works well for case studies as well as qualitative subjects.
Example explanation.
The initial data collection was done through individual interviews with employees to find out their thoughts on the subject.
Interview method only when participants actually engaged with you.
Secondary data is data taken by another. It is used extensively in ignou mcom project work.
Sources of secondary data include.
Monthly reports and financial statements Books Research journals Company websites Government publications
Topics in finance and accounting typically are dependent on secondary data.
Example explanation.
The research is based on secondary data collected from company annual reports books, textbooks, journals also official portals.
Second-hand information is fine as long as it is properly referenced.
Many students believe that primary data appears more attractive. It's not always the case.
Choose the primary information when.
The subject of your discussion involves opinions or actions
You have access to the people who are responding
Sample size is easily manageable
Make sure to use secondary data.
The topic you choose is finance or accounting based
Data is accessible from reports
The time limit is set
IGNOU is not penalizing projects on the basis of secondary information. It is about proper analysis.
The design of sampling describes how respondents or units were picked.
In the project ignou mcom work the simple sampling method is enough.
Convenience sampling is the most 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 the truth and has been has been accepted by IGNOU.
Random sampling might be mentioned If respondents were randomly chosen.
Example explanation.
Random sampling was the method used to choose respondents from a large population.
This only applies if the choice was not random.
Sample size should be reasonable and doable.
Standard sample sizes for IGNOU projects range between 30 and 100 respondents in surveys.
In financial research, the size of the sample could refer to the number years or companies.
Example explanation.
The sample size is 50 respondents from the selected group.
Or
The study includes financial information for five consecutive years.
This should be consistent with the analysis section.
The length of study defines the time frame of your study.
For topics related to finance, be sure to state the financial years clearly.
For survey areas, write down the period of data collection.
Example.
The study spans three months in which data was gathered and then analyzed.
This shows organization and clarity.
A large number of submissions for projects to ignou get ruined due to a few mistakes that can be avoided.
Copying methodology from the internet
Using advanced terms without having a clear understanding
Missing the point between objectives and methodology
Invoking primary data with no evidence
Avoid these mistakes to improve the quality of your project.
IGNOU Evaluators search for.
Clearness
The flow of logic
relevance to topic
Full explanation
They don't have the expectation of perfect research. They expect genuine effort.
A simple and well explained technique usually scores higher than a copied technical one.
Always study your goals prior making your writing strategy. Every objective must be supported with a plan.
If the objective is to evaluate the performance of financials, you should mention percentages.
If objective is to measure employee satisfaction, provide a questionnaire.
This alignment makes a powerful impression.
Finding the best research design and data collection method is not about complexity. The key is in the suitability. For an ignou mcom project Simple choices that are clearly explained work best.
Get to know your subject. Do your best to be honest about your information. Write in your own words. This alone will improve your marks and confidence.