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The choice of the appropriate research design and data collection methodology is one of the most confusing parts for students completing their IGNOU project. Many students start writing their ignou mcom project without completely understanding the nature of research they actually are conducting. The result is that it appears as if the methodology is lacking, copied, or disengaged from the subject.
This article focuses on the process of selecting an appropriate research style and data collection method when working on IGNOU MCom projects. It explains concepts in an easy words and provides them through practical examples to ensure that students can apply them easily.
Research design acts like an outline of your research. It outlines the direction of your project. If the research method is wrong, then everything that will follow data collection and conclusion will be questioned.
IGNOU does not require complex and highly technical research concepts. What they require is alignment. The design must be consistent with your goals, topics, and data availability.
Many students get a grade not simply because their topic is not good However, the style of their work does not reflect the objective they've set for themselves.
Research design is the way to describe the kind of study you're undertaking. It answers three basic questions.
What is being study?
and why is it being studied
How it is being studied
In ignou's MCOM project work, research design usually falls within one of the categories below.
A descriptive research model is the most widely employed design in IGNOU MCom projects. It is employed when the goal is to describe a situation, condition or even a performance.
This design is ideal for topics like.
Satisfaction of employees
Experience of the customers
Performance analysis
Working capital management
Training's impact on employees
In descriptive research researchers don't manipulate variables. The primary focus is the observation and description of existing facts.
Example explanation.
The study is based on a descriptive research design in order to analyse the financial position of the selected company using relevant data.
This design is secure to use, well-accepted, and easy be defended in an ignou MCOM project.
Analytical research designs are used in studies that go beyond description and tries to analyze and compare performance trends.
This design can be used when your project involves.
Ratio analyses
Trend analysis
Comparative study conducted between companies
Year wise financial evaluation
Many finance-related ignou topics are based on analytical design and descriptive design.
Example explanation.
The study adopts an analytical research methodology to analyze the financial performance of the firm by analyzing trends and ratios.
This shows depth without sounding complex.
Research design that is exploratory is often used when the subject is unknown or has not been defined clearly. It isn't as prevalent within IGNOU MCom projects but may be employed in fields such as.
Emerging business practices
Digital payment adoption
New accounting standards awareness
Example explanation.
The study employs an exploratory research plan to investigate the awareness of employees about new accounting practices.
This design should only be used when your topic is really exploring something that is not familiar to you.
To pick the appropriate design, ask yourself these questions.
Am I describing an existing situation
Do I analyze the performance or patterns
Do I want to explore some new ideas
If the answer is a description, go with descriptive design.
If it is based on numbers and comparison then add an analytical design.
If it is focused on understanding new ideas opt for an exploratory style.
In the majority of ignou mcom submissions the descriptive and analytical design are more than sufficient.
When the research concept is chosen Following that, you must choosing the method by which data will be collected. Methods for collecting data should match the research plan.
IGNOU allows both primary and secondary data. What matters is honesty and clarity.
Primary data is information gathered via the individual researcher who is collecting data for only the second time.
Common primary data tools comprise.
Questionnaire
Interview
Observation
Primary data is important for projects that require opinions and perceptions.
Topics that are suitable for primary data.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Many students employ questionnaires and do not design them correctly. IGNOU MCOM project writing services does not analyze questions in depth, but it needs to appear legitimate and logical.
Guidelines for questionnaire design.
Keep questions short and simple
Avoid Technical language
Use short-ended questions
Links questions to objectives
Example description for methodology section.
Primary data was collected through an instrument that was structured and consisted of closely-ended, standardized questions designed in accordance to the goals to be studied.
Do not claim advanced survey techniques if, in fact, you did not employ them.
Interview method isn't as popular however it can be useful for small sample studies. It's great for case studies and qualitative topics.
Example explanation.
The primary data was collected via personal conversations with selected employees to get their opinions about the subject.
Employ the interviewing method only if you have actually spoken to respondents.
Secondary data is data already acquired by a third party. This is a common practice in the work of the ignou MCOM project.
The sources of secondary data are.
Yearly reports, financials Books Research journals Company websites Government publications
Finance and accounting topics mostly require secondary information.
Example explanation.
The study is based on secondary data gathered from companies' annual reports as well as textbooks, journals or official internet sites.
Data that is secondary to the original source is perfectly acceptable provided that it is cited correctly.
Students usually think that primary data appears superior. That is not always true.
Choose the primary source of data.
Your topic involves opinions or the way of life.
You are able to speak to the people who are responding
Size of the sample is achievable
Select secondary data whenever possible.
Your subject is financial or accounting based
Data is accessible with reports
Limitations on time
IGNOU does not penalize projects based on secondary data. What is important is a proper analysis.
The sampling design explains how respondents or units were picked.
For projects like ignou's mcom, simple sampling methods are enough.
Convenience sampling is the most commonly used method by students.
Example explanation.
A convenience sampling approach was implemented to select respondents based upon accessibility and availability.
This is real and has been was accepted by IGNOU.
Random sampling can be described in the event that respondents were randomly selected.
Example explanation.
Random sampling method was employed to choose respondents from a large population.
Only use this if the selection was actually random.
Sample size should be considered reasonable and be manageable.
Sample sizes that are common in IGNOU projects range from 30 to 100 people who take part in surveys.
As for studies on financials sample size could refer to the number years or companies.
Example explanation.
The sample size is 50 people who are part of the organization.
Or
The study covers financial data of five consecutive years.
It should be consistent with your analysis section.
The duration of your study determines the duration of your study.
For topics related to finance, be sure to state the financial years clearly.
For survey topics, include the time of the data collection.
Example.
The period of study covers three months in which data was collected and analyzed.
This shows planning and clarity.
Many ignou mcom project proposals suffer due to avoidable mistakes.
Copying methods from the internet
Using terms that are more advanced without having a clear understanding
Uncertainty between objectives and methodologies
in claiming primary information without evidence
Avoid these errors to improve the quality of your work.
IGNOU appraisers will look for.
Transparency
Clarity
Importance to the topic
Accurate explanation
They do not expect perfect research. They demand sincere efforts.
Simple and clearly explained process is more likely to score higher than a copied and technical one.
Read your objectives thoroughly prior to writing methodology. Every goal should be supported with a method.
If the aim is to analyze financial performance, mention specific ratios.
If objective involves analyzing employee satisfaction, provide a questionnaire.
This alignment gives a strong impression.
Finding the best research design and data collection methodology will not be about complexity. It is about suitability. For an ignou mcom project simple decisions that are explained clearly are most efficient.
Understand your topic. Keep your data honest. Write in your own language. This alone will improve your scores and confidence.
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