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Deciding on the most appropriate research design and data collection technique is among the most challenging aspects for students completing their IGNOU project. Many students begin their ignou mcom project without being able to clearly define what research they are actually doing. So, your methodology section will appear inadequate, copied, or is disconnected from the theme.
The article focuses solely on the process of selecting the best research design and data collection technique specifically for IGNOU MCom projects. It explains concepts in simple way and connects them with examples in a way that students can apply them easily.
Research design functions as a blueprint for your study. It is the basis for your project. If the design of your research isn't correct, everything else that includes data collection, analysis and conclusion can be considered questionable.
IGNOU does not believe in complex or extremely technical research designs. What they do expect is alignment. The design should align with your goals, topic, as well as data availability.
Many students do not lose marks because their subject is poor however, their style does not reflect the objective they've written.
The research design will explain the type of study you're undertaking. It is a response to three questions.
What is being studying?
and why is it being researched
How it is being studied
In ignou's mcom projects research design generally falls under one of the following types.
Description research is the most commonly utilized design in IGNOU MCom projects. It is employed when the purpose is be able to describe a circumstance, condition or performance.
This design is appropriate for subjects like.
Employee satisfaction
Perception of the customer
Analysis of financial performance
Working capital management
The impact of training on employees
In descriptive research, the researcher does not manipulate variables. It is all about noting and describing existing facts.
Example explanation.
The study follows the method of descriptive research that analyzes the current financial position of the selected firm using pertinent data.
This design is secure as well as accepted. It's also simple explain in an ignou mcom project.
Analytical research methods are employed when the study goes beyond description, and aims to study patterns of performance or relationships.
This design is ideal if the project you are working on includes.
Ratio analyses
Tend analysis
Comparative study of companies
Year wise financial evaluation
A variety of finance related ignou projects use analytical design together with descriptive designs.
Example explanation.
The study uses an analytical research style to assess financial performance of the company using ratio analysis and trend analysis.
This shows depth without sounding complicated.
The exploratory research method is utilized when the subject is undefined or is not clear. It's not so common for IGNOU MCom projects but may be used in fields like.
Emerging business practices
Digital payment adoption
New accounting standards awareness
Example explanation.
The study is based on an exploratory research design to determine the perception of employees about new accounting practices.
Use this style only when your topic is really exploring something unfamiliar.
When choosing the right style Ask yourself these questions.
Do I need to describe an existing situation
Do I analyze the performance or trends
Am I exploring some new concepts
If the answer is a description and not a description, then you should go with a descriptive design.
If it includes numbers or comparison the design should be analytical.
If it is about understanding new ideas explore design.
For the vast majority of ignou mcom project submissions, descriptive and analytical designs are more than adequate.
Once research design is selected The next step is to decide how data should be collected. The method of data collection should complement your research idea.
IGNOU allows both primary and secondary data. What is important is honesty, and clarity.
Primary data is data collected from the researchers directly for the first time.
The most commonly used data tools are.
Questionnaire
Interview
Observation
Primary data can be useful for projects that require opinions or perceptions.
Topics that are suitable for data that is primary.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Students often use questionnaires, but don't properly design them. IGNOU is not evaluating the questionnaire thoroughly, but it needs to appear legitimate and logical.
Guidelines for questionnaire design.
Be sure to keep questions simple
Avoid Technical language
Make sure you answer close-ended questions
Link questions with goals
Example description for methodology section.
Primary data was collected through an instrument that was structured and consisted of open-ended questions, designed according to the goals from the study.
Do not claim the latest survey methods if you did not apply them.
Interviews aren't very common but can be beneficial for smaller-scale studies. It's useful for case research as well as qualitative topics.
Example explanation.
Primarily, data was collected through individual interviews with employees to understand their views regarding the issue.
Use interview method only if you actually had a conversation with the respondents.
Secondary data refers to information already obtained by someone else. It is frequently used in the work of the ignou MCOM project.
Sources of secondary information include.
Monthly reports and financial statements Books Research journals Company websites Government publications
Topics related to finance and accounting mainly depend on secondary data.
Example explanation.
The study is based upon secondary data obtained from company annual reports books, textbooks, journals also official portals.
Secondary information is acceptable when properly referenced.
Students are often of the opinion that data from primary sources appears better. However, that's not always true.
Use primary data only when.
The topic you are discussing involves opinions or behaviors
You are able to speak to those who have an opinion
The size of the sample is easily manageable
Use secondary data only when.
Your topic is financial or accounting related.
This information is available in reports
This time is short
IGNOU won't punish any of its projects on the basis of secondary information. It is about proper analysis.
Sampling design describes how respondents or units were picked.
In ignou mcom project work it is simple to use sampling methods enough.
Convenience sampling is one of the most frequently utilized method for students.
Example explanation.
A convenience sampling approach was implemented to choose respondents based on availability and accessibility.
It is also it is accepted by IGNOU.
Random sampling might be mentioned when respondents were randomly selected.
Example explanation.
Random sampling methods were used to make respondents available from the overall population.
Use this only if the pick is actually random.
Sample size should be reasonable and doable.
The typical sample sizes for IGNOU projects vary from 30 to 100 participants for surveys.
for financial reports, sample size may refer to the number years or businesses.
Example explanation.
The sample size is 50 respondents from the chosen organization.
Or
The study covers financial data for five consecutive years.
It should be consistent with your analysis section.
Study time defines the timeframe of your research.
When discussing financial topics, you should mention the year of financial reporting clearly.
For survey topics, include the time of the data collection.
Example.
The study spans three months in which data was collected and analyzed.
This shows planning and clarity.
Many submissions to projects submitted by ignou suffer from mistakes that could be avoided.
Copying methodology from online
Utilizing advanced terms without understanding
The objectives are not compatible and methodological approach
Representing primary information with no proof
Beware of these mistakes and improve the quality of your project.
IGNOU evaluators look for.
Accuracy
Logical flow
Relevance to topic
Transparent explanation
They don't require flawless research. They require sincere effort.
An easy to understand methodology often scores better than an undocumented and copied technique.
Read your objectives thoroughly prior to making your writing strategy. Every objective must be supported through a system.
If objective is to analyze financial performance, highlight ratios.
If objective involves analyzing employee satisfaction, mention questionnaire.
This alignment leaves a strong impression.
Selecting the right research design and data collection technique should not concern complexity. It's all about a sense of suitability. For an ignou MCOM IGNOU Project Work project Simple choices that are clearly explained is the ideal way to go.
Know your subject. Be honest about your data. Write in your own language. The simple act of writing can help you improve your marks and confidence.