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Picking the appropriate research style and method of data collection is one of many of the most naive tasks of students working on their IGNOU project. Many students start writing their ignou project without fully understanding the kind of research they actually are conducting. The result is that the methodology section appears weak, rewritten, or disengaged from the subject.
This article focuses only on how to select the most appropriate research design and data collection technique of IGNOU MCom projects. It describes concepts in a simple language and links them directly with concrete examples so that students can quickly apply them.
Research design functions as a plan for your study. It defines the direction of your project. If the research method is not correct, everything that is based on data collection, analysis and conclusion will be questioned.
IGNOU will not be able to provide complex or highly technical research plans. What they do expect is alignment. The design should be a reflection of your goals, topics, and accessibility of information.
Many students lose marks not just because their writing isn't up to scratch However, the style of their work isn't in line with the goal they've set for themselves.
The research design will explain the type of research you're carrying out. It is a response to three questions.
What is being study?
the reason it is being examined
How it is being investigated
In the work of the ignou mcom project research design is usually categorized between the following groups.
Description research is the most frequently utilized design in IGNOU MCom projects. It is utilized for projects that seek to describe a specific situation, condition, or a particular performance.
This design can be used for subjects like.
Customer satisfaction
Customer perception
Analysis of financial performance
Working capital management
Effect of training on employees
In descriptive research it is not possible to manipulate variables. It is all about taking note of and describing current facts.
Example explanation.
The study employs an exploratory research approach to evaluate the current financial position of the selected business based on pertinent information.
This design is safe as well as accepted. It's also simple to justify in an project for mcom.
An analytical research design is utilized in studies that go beyond description and tries to analyze relationship or performance trends.
This design is ideal when your project involves.
Analysis of ratios
The trend analysis
Analysis of comparative study between companies
Year-to-year financial evaluation
A lot of finance-related ignou mcom project subjects employ an analytical approach and descriptive design.
Example explanation.
The study employs an analytical research style to assess financial performance of the business using trend analysis and ratios.
This shows depth but isn't complicated.
Exploratory research methods are employed in cases where the subject is novel or unclear. It is not as common when it comes to IGNOU MCom projects but may use in areas like.
Emerging business practices
Digital payment adoption
New accounting standards awareness
Example explanation.
The study employs an exploratory research model for understanding the public's awareness of current accounting practices.
Make use of this design only when your subject really explores something unexplored.
To determine the proper design Ask yourself these questions.
Am I describing a present situation
Do I analyze the performance or patterns
Are I researching a new concept
If your answer is a description of a concept, you can choose a descriptive style.
If it is based on numbers and comparison you can add analytical design.
If it relies on understanding and interpreting new ideas then go with exploratory designs.
For the vast majority of ignou mcom project submissions detailed and analytical designs are more than enough.
When you have chosen the research plan, the next step is selecting the way in which data is collected. The method of data collection should complement your research proposal.
IGNOU allows both primary and secondary data. What matters is honesty and clarity.
Primary data is data collected at the point of collection by researchers for the first.
Common primary data tools include.
Questionnaire
Interview
Observation
Primary data can be helpful when you're working with opinions or beliefs, or even behavior.
Topics that could be appropriate the primary use of data.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Students often use questionnaires, but do not design them properly. IGNOU does not examine the questionnaire to its fullest extent, however it should look relevant and logical.
Guidelines for questionnaire design.
Questions should be simple
Beware of technical language
Make sure you answer close-ended questions
Connect questions to goals
Example description for methodology section.
Primary data was gathered using a well-structured questionnaire comprising open-ended questions, designed according to the purposes from the study.
Do not use advanced survey methods if you did not use them.
The interview method is less well-known but it's useful for small sample studies. It is suitable for case study and qualitative research topics.
Example explanation.
The primary data was collected via personal interviews with employees in order to gain insight into their opinions regarding the subject.
Utilize the interview technique only if you actually interacted with respondents.
Secondary data refers to data already received by another. It is extensively used in the work of the project ignou mcom.
Data sources that are secondary include.
Monthly reports and financial statements Books Research journals Company websites Government publications
Topics related to finance and accounting mainly are dependent on secondary data.
Example explanation.
The study is based upon secondary information gathered from annual reports as well as textbooks, journals along with official web sites.
Data that is secondary to the original source is perfectly acceptable when properly referenced.
People often believe that primary information appears prettier. This is not always true.
Make sure to select primary data when.
Your topic involves opinions or the way of life.
You are able to speak to those who have an opinion
Sample size is easily manageable
Choose secondary data when.
The subject you are discussing is financial or accounting related.
Data is accessible with reports
Time is limited
IGNOU is not penalizing projects on the basis of secondary information. It is about proper analysis.
This design describes how the respondents or units were chosen.
In the case of ignou's MCOM IGNOU solved project - alnoorsoft.com - project simply sampling techniques are sufficient.
Convenience sampling is among the most common method used by students.
Example explanation.
A convenient sampling technique was employed to select respondents based on availability and accessibility.
This is accurate and accepted by IGNOU.
Random sampling may be mentioned on the basis that respondents were selected randomly.
Example explanation.
Random sampling method was used to choose respondents from a large population.
This only applies if the choice occurred at random.
The sample size should be acceptable and is manageable.
Standard sample sizes for IGNOU projects vary from 30 and 100 respondents in surveys.
To conduct financial analyses, sample size may refer to the number years or companies.
Example explanation.
The sample size is 50 respondents from the chosen organisation.
Or
The study includes financial information of five consecutive years.
Make sure that this is consistent with your analysis section.
The length of study defines the duration of your study.
For topics on finance, make sure to mention your financial year clearly.
For survey subjects, indicate the length of the collection of data.
Example.
The period of study covers 3 months during which information were gathered and analyzed.
This is a sign of planning and clarity.
Many of the submissions to ignou's MCOM projects fall victim to errors that could be avoided.
Copying methodologies from the internet
Using advanced terms without having a clear understanding
A mismatch between objectives and methodology
It is possible to claim primary data without proof
Avoid these errors to improve the quality of your work.
IGNOU evaluations are looking for.
Transparency
The flow of logic
relevance to the subject
Accurate explanation
They do not want perfect research. They demand sincere efforts.
A clear and simple technique usually scores higher than a duplicated technical method.
Read your objectives thoroughly prior to making your writing strategy. Every objective must be supported by a process.
If the goal is to analyze financial performance, refer to the ratios.
If objective is to examine the satisfaction of employees, reference questionnaire.
This alignment gives a strong impression.
The choice of the best research design and data collection technique has nothing to do with complexity. It is about suitability. In a project like ignou mcom simple decisions that are explained clearly can be the most effective.
Understand your topic. Be sincere about your data. Write your thoughts in your own words. This alone can boost your scores and confidence.
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