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Making the right choice in terms of research design and data collection method is one of the most complicated aspects of students working on their IGNOU project. Students often begin writing their ignou mcom assignments without being able to clearly define what research they actually are conducting. Therefore, your methodology section will appear lacking, copied, or unrelated to the subject.
This article focuses only on the steps to select an appropriate research plan and method of data collection when working on IGNOU MCOM IGNOU solved project; links.gtanet.com.br, projects. It explains concepts in simple language and links them with practical examples so that students can implement them easily.
Research design is an outline for your study. It determines the direction of your research project. If the research methodology is incorrect, everything that is based on data collection, analysis and conclusion is in doubt.
IGNOU does not believe in complex or extremely technical research designs. What they do expect is alignment. The design should reflect your objectives, topic, and access to data.
Many students get a grade not because their subject is poor in the first place, but due to their design does not align with the goals they've written.
Research design can explain what type of research you're conducting. It addresses three fundamental questions.
What is being looked at?
to determine why it's being investigated
How it is being studied
In ignou's mcom projects research design generally falls between the following groups.
Description research is the most commonly used design for IGNOU MCom projects. It is used when the purpose is be able to describe a circumstance, condition or performance.
This design is appropriate for topics like.
The satisfaction of employees
Affects the perception of customer
Evaluation of financial performance
Working capital management
Training's impact on employees
In descriptive research it is not possible to alter variables. The primary focus is observing and describing existing facts.
Example explanation.
The study employs an approach to descriptive research that aims that analyzes the current financial position of the selected business based on pertinent information.
This design is safe that is accepted, dependable, and simple to defend in an MCOM project.
An analytical research design is utilized to study situations that go beyond description and tries to analyze performances or relationship patterns.
This design can be used when your work involves.
Analyzing ratios
Analysis of trends
Comparative study between companies
and their financial evaluation
Many finance related ignou mcom topics for projects utilize analytical design and descriptive design.
Example explanation.
The study employs an analytical research design to examine the financial performance of the business by using ratios and trend analysis.
This shows depth, but without sounding complex.
Exploratory research designs are used when the topic is novel or unclear. It is not as common 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 is based on an exploratory research approach to determine the perception of employees about the most recent accounting practices.
Make use of this design only when you are exploring something unfamiliar.
To decide on the right design Ask yourself these questions.
Am I describing a present situation
Are I analyzing developments or performance
Am I trying to understand some new concepts
If the answer is "description and not a description, then you should go with a descriptive design.
If it involves numbers and comparison with analytical designs.
If it involves a deeper understanding of new ideas then go with exploratory designs.
In most ignou MCOM project submissions Analytic and descriptive designs are more than sufficient.
Once the research design has been selected following the selection, the next step involves to decide how data should be collected. Data collection method should support your research idea.
IGNOU accepts primary and secondary data. What is important is honesty, and transparency.
Primary data is data collected from the researchers directly for the first time.
Common primary data tools comprise.
Questionnaire
Interview
Observation
Primary data can be useful when you are working on projects that require opinions of perceptions, behavior, or other thoughts.
Examples of subjects that can be used on the basis of primary data.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Most students fill out questionnaires but don't properly design them. IGNOU does not evaluate the questionnaire deeply, but it should appear appropriate and rational.
Guidelines for questionnaire design.
Keep questions simple
Do not use the use of technical terms
Make sure you answer close-ended questions
Make sure that questions are linked to goals
Example description for methodology section.
Primary data was obtained using a well-structured questionnaire comprising specific questions that are designed to be close to the purposes for the research.
Do not claim the latest survey techniques if your did not use them.
Interview method is less common but it is effective for small-scale studies. It's great for case study and qualitative research topics.
Example explanation.
The initial data collection was done through personal interviews with selected employees to understand their views regarding the matter.
Use the interview method only if you have interacted with respondents.
Secondary data is data that was collected by a different person. The use of secondary data is widespread in ignou mcom project work.
Sources of secondary information include.
Statements of financial positions Books Research journals Company websites Government publications
Accounting and finance topics typically depend on secondary data.
Example explanation.
The research is based on secondary data obtained from company annual reports as well as textbooks, journals along with official web sites.
The use of secondary data is acceptable when properly referenced.
Many students believe that primary data looks better. However, that's not always true.
Pick the primary data.
Your topic is about opinions or conduct
You have access to a variety of respondents
Sample size is controlled
Use secondary data only when.
Your subject is financial or accounting related.
It is possible to access data on reports
But time is limited
IGNOU has no intention of penalizing any project based on secondary information. What matters is proper analysis.
Sampling design describes how respondents or units were chosen.
In the case of ignou's mcom project with simple sampling techniques sufficient.
Convenience sampling is one of the most frequently utilized method for students.
Example explanation.
Convenience sampling is a method in order to select respondents on the basis of accessibility and availability.
This is an accurate assumption and is acknowledged by IGNOU.
Random sampling is a possibility when respondents were chosen randomly.
Example explanation.
Random sampling was the method used to make respondents available from the overall population.
This is only used if the selection was really random.
The size of the sample must be reasonable and manageable.
The common sample sizes used in IGNOU projects range from 30 and 100 respondents in surveys.
Financial studies may require a sample size. the size of the sample can refer to the number of years or the size of companies.
Example explanation.
The sample size consists of 50 respondents from the selected group.
Or
The study includes financial information from five consecutive years.
Be sure to keep this in line with your analysis section.
The length of study defines the time frame of your research.
When discussing financial topics, you should mention the years of financial data clearly.
For survey topics, include the time of gathering data.
Example.
The study period consists of three months, during which time data was gathered and then analyzed.
This shows organization and clarity.
Many ignou project submissions get ruined due to a few mistakes that can be avoided.
Copying methodologies from the internet
using terms from the internet that are not understood without understanding
Uncertainty between objectives and methods
Representing primary data, but without any evidence
Avoid these errors to improve your project quality.
IGNOU evaluaters look for.
Acuity
Logical flow
Relationship to the topic
Accurate explanation
They don't expect flawless research. They want genuine effort.
Simple and clearly explained procedure is usually more successful than an undocumented and copied technique.
Read your objectives thoroughly prior to you write your process. Each goal should be supported by a process.
If the objective is to evaluate the performance of financials, you should mention percentiles.
If objective involves analyzing employee satisfaction, include a questionnaire.
This alignment creates a strong impression.
Selecting the right research design and data collection technique is not about complexity. It's about the appropriateness. When it comes to an ignou-mcom project straightforward choices clearly outlined are most efficient.
Be aware of the subject. Be honest about your data. Write in your own words. This alone can help improve scores and confidence.
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