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Finding the right research plan and the method of collecting data is among many of the most naive tasks of the IGNOU project. A lot of students write their ignou MCOM project without fully understanding the kind of research they're actually carrying out. Because of this, the methodology section looks uninspired, copied, or disconnected from the main topic.
This article focuses exclusively on how to select an appropriate research plan and method of data collection specifically for IGNOU MCOM project work IGNOU projects. It explains concepts in an easy language and links them directly to examples so that students can quickly apply them.
Research design functions as a blueprint for your study. It sets the direction for your research project. If the research plan isn't correct, everything else that includes data collection, analysis and conclusion may be in question.
IGNOU does not have complex or highly technical research design. They are looking for alignment. Your design should be in line with your goals, topics, and availability of data.
Many students are penalized not just because their content isn't good however, their style isn't in line with the goal they've set for themselves.
Research design describes the type of research you're conducting. It provides answers to three key questions.
What is being studying?
why it is being looked at
What is being researched
In the case of ignou MCOM project work research design typically falls into the one of those categories.
Descriptive research design is the most commonly used design for IGNOU MCom projects. It is used for projects that aim to denote a situation or condition, or a particular performance.
This design is appropriate for topics like.
Customer satisfaction
Personal perceptions of customers
Evaluation of financial performance
Management of working capital
Effect of training on employees
In descriptive research the researcher doesn't alter variables. The main focus is looking at and explaining existing facts.
Example explanation.
The study is based on an outline research method to evaluate the current financial position of the selected company based on relevant information.
This design is safe that is accepted, dependable, and simple for an organization to support in their mcom project.
Analytical research designs are used when the research goes beyond description and tries to analyze the relationships between performance trends or patterns.
This design is appropriate when your work involves.
Analysis on ratio
Trend analysis
Comparative study of companies
Year-long financial evaluation
Many finance-related ignou projects employ analytical design along with descriptive designs.
Example explanation.
The study is based on an analytical research model to assess the financial performance of the company with the help of ratios and trend analysis.
This shows depth, but without sounding complex.
Exploratory research is a method of conducting research when the subject is novel or unclear. It is not as common among IGNOU MCom projects but may be employed in certain areas, such as.
Emerging business practices
Digital payment adoption
New accounting standards awareness
Example explanation.
The study is based on an exploratory research design to understand employee awareness regarding new accounting practices.
Use this design only when your subject is truly exploring something unfamiliar.
To choose the correct design take a look at these issues.
Are I describing a current situation
Am I looking at the performance or patterns
Am I exploring the possibilities of a new concept
If your answer is descriptive then go for descriptive design.
If it involves numbers and comparison or analysis, consider adding analytical design.
If it seeks to understand new concepts, choose exploratory design.
For most ignou mcom project submissions that are descriptive and analytical, these designs are more than adequate.
If you've chosen a research methodology the next step is picking the best method for data to be taken. The data collection method must fit the research design.
IGNOU allows both primary and secondary data. The most important thing is honesty and transparency.
Primary data are the data that was collected straight by the researcher in their first attempt.
Common data tools for primary use include.
Questionnaire
Interview
Observation
Primary data is useful when the project you're working on involves opinions behaviour, perceptions.
Topics suitable when it comes to primary data.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Most students fill out questionnaires but do not design them properly. IGNOU does not evaluate questions in depth, but the design should be logical and logical.
Guidelines for questionnaire design.
Questions should be simple
Do not use using technical terminology
Use short-ended questions
Connect questions to objectives
Example description for methodology section.
Primary data was gathered using a well-structured questionnaire comprising short-ended questions formulated according to the purpose that the investigation was aiming for.
Do not use advanced survey methods if the method you used did not use them.
Interview methods are less popular but it's useful for small sample studies. It's great for cases studies and for qualitative topics.
Example explanation.
The initial data collection was done through personal interviews with selected employees to understand their views about the subject.
Only use the interview method if you have actually spoken to respondents.
Secondary data is data already collected by someone else. It is frequently used in the ignou MCOM project work.
Data sources that are secondary include.
Monthly reports and financial statements Books Research journals Company websites Government publications
Topics in finance and accounting typically require secondary information.
Example explanation.
The research is based on secondary data that was gathered from annual reports, textbooks, journals, as well as official sites.
Secondary data is completely acceptable as long as it is properly referenced.
People often believe that primary information is more appealing. This isn't always the case.
Choose the primary information when.
Your topic may involve opinions or the way of life.
You have access to respondents
Sample size is acceptable
Use secondary data only when.
Your topic is financial, or accounting related.
It is possible to access data from reports
Time is limited
IGNOU has no intention of penalizing any project on the basis of secondary data. What is important is proper analysis.
A sampling method explains how the participants or units were picked.
In ignou's MCOM project work easy sampling techniques are sufficient.
Convenience sampling is the most frequent method employed by students.
Example explanation.
Convenience sampling method was adopted to select participants based on availability and accessibility.
It is also recognized by IGNOU.
Random sampling might be mentioned if respondents were selected randomly.
Example explanation.
Random sampling methods were used to identify respondents from the group.
Use this only if the pick was really random.
The sample size must be reasonable and doable.
The most common sample sizes in IGNOU projects range from 30 to 100 people who take part in surveys.
If you are studying financials, sample size could refers to the number years or businesses.
Example explanation.
The sample size is 50 respondents from a selected organization.
Or
The study covers financial data of five years consecutively.
You should keep this in line with your analysis section.
Study period is the period of time you will conduct your research.
For topics related to finance, be sure to state your financial year clearly.
For survey topics, mention the duration of the data collection.
Example.
The study spans three months, during which data were collected and analysed.
This shows planning and clarity.
Many submissions to projects submitted by ignou fall victim to errors that could be avoided.
Copying methodology and methods from internet
Utilizing terms of the future without having a clear understanding
the difference between the objectives and the methodology
Representing primary information with no proof
Avoid these pitfalls to improve the quality of your work.
IGNOU Evaluations seek.
Detachment
Clarity
Application to the topic
Transparent explanation
They don't expect flawless research. They expect genuine effort.
A simple and well explained procedure is usually more successful over a copy of a technical procedure.
Always study your goals prior writing your methodology. Every objective must be supported by a strategy.
If the purpose is to examine the performance of financials, you should mention numbers.
If objective is to measure employee satisfaction, provide a questionnaire.
This alignment leaves a strong impression.
The choice of the best research design and method for data collection doesn't mean complexity. It is about suitability. In an ignou project straightforward choices clearly outlined is the ideal way to go.
Know your subject. Do your best to be honest about your information. Write in your own language. That alone can improve both scores and confidence.
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