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Finding the right research plan as well as the best method to collect data is among the most challenging aspects for students who are working on their IGNOU project. Students often begin writing their ignou project without really knowing what research they are actually doing. In the end, the methodology section can appear poor, duplicated, or disconnected from the topic.
The article focuses solely on the process of selecting the right research design and data collection method for IGNOU MCom projects. It presents concepts in simple language and links them directly with practical examples so that students are able to apply them quickly.
Research design is an outline of your research. It lays out the course of your research project. If the research concept is incorrect, everything that involves data collection, analysis and conclusion can be considered questionable.
IGNOU is not looking for complex or technical research designs. What they want is alignment. Your design should correspond to your goals, topic, as well as accessibility of information.
Many students are penalized not due to their topic being poor however, their style is not in line with the goals the students have set out in their writing.
Research design provides the details of what kind of study you're conducting. It provides answers to three key questions.
What is being investigated?
to determine why it's being examined
How it is being investigated
In ignou mcom project work research design generally falls into one of the following categories.
A descriptive research model is the most frequently employed design in IGNOU MCom projects. It is utilized when the purpose is to be able to describe a circumstance, condition or performance.
This design is suitable to be used in areas such as.
Employee satisfaction
Customer perception
Analysis of financial performance
Management of working capital
Effect of training on employees
In descriptive research The researcher is not allowed to alter variables. The primary focus is looking at and explaining existing facts.
Example explanation.
The study employs the design of a descriptive study for analyzing the present financial situation of the business using relevant data.
This design is safe, accepted, and easy to prove in an ignou mcom project.
Analytical research methodology is used when the study goes beyond description, and aims to study relationship or performance trends.
This design is ideal when your work involves.
Ratio Analysis
Research on trends
Comparative analysis between companies
Financial year wise evaluation
Many finance related ignou mcom projects use analytical design alongside descriptive design.
Example explanation.
The study follows an analytical research design to examine the financial performance of the firm by way of trend and ratio analysis.
This shows depth but isn't complicated.
Research design that is exploratory is often used for topics that are fresh or has not been clearly defined. It is not as common among 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 approach for understanding the public's awareness of new accounting practices.
Make use of this design only when your subject truly explores something unexplored.
When choosing the right style, ask yourself these questions.
Are I describing an existing situation
Are I analyzing the performance or patterns
Do I am attempting to discover some new ideas
If your answer is description or description, use descriptive design.
If it includes numbers or comparison the design should be analytical.
If it is about understanding new ideas, choose exploratory design.
For the vast majority of ignou mcom project submissions an analytical and descriptive design will suffice.
When you have chosen the research plan Following that, you must deciding on the manner in which data will be taken. The method for collecting data must be compatible with your research concept.
IGNOU MCOM project submission guide (https://www.funrace.lima-city.de) allows both primary and secondary data. It is the honesty and transparency.
Primary data refers to data gathered via the individual researcher who is collecting data for only the second time.
Common primary data tools include.
Questionnaire
Interview
Observation
Primary data is useful in projects that involve opinions, perceptions, or behavior.
Examples of subjects suitable on the basis of primary data.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Many students utilize questionnaires but don't design them correctly. IGNOU is not evaluating the questionnaire properly, but it must appear relevant and rational.
Guidelines for questionnaire design.
Simple questions should be asked.
Do not use the use of technical terms
Use close ended questions
Questions should be linked to goals
Example description for methodology section.
Primary data was obtained using an organized questionnaire that consisted of short-ended questions formulated according to the objectives to be studied.
Do not claim advanced survey methods if you do not apply them.
Interview method isn't as popular but it is effective for small-scale studies. It's great for case research and qualitative issues.
Example explanation.
Primary data was gathered via personal conversations with selected employees to learn their perspectives regarding the topic.
Utilize the interview technique only if participants actually engaged with you.
Secondary data is information that has been taken from another source. It is frequently used in the ignou mcom project.
The sources of secondary data are.
Annual reports Financial statements Books Research journals Company websites Government publications
Finance and accounting topics mainly depend on secondary data.
Example explanation.
The study is based upon secondary data collected from company annual reports or textbooks. Journals, journal, as well as official sites.
The use of secondary data is acceptable for as long as it's properly identified.
The majority of students think that primary data appears prettier. But that is not always the truth.
Choose primary data when.
Your topic involves opinions, or behavior
You have access to the people who are responding
The size of the sample is achievable
Select secondary data whenever possible.
Your topic is either financial or accounting related.
Data is accessible from reports
and reports. Time is not unlimited.
IGNOU does not penalize projects based on secondary information. What matters is proper analysis.
The design of sampling describes how respondents or units were picked.
For projects like ignou's mcom the simple sampling method is sufficient.
Convenience sampling is among the most often used method of student.
Example explanation.
The method of convenience sampling was employed to select participants based on availability and accessibility.
This is a factual and valid assumption that has been acceptable by IGNOU.
Random sampling may be mentioned in the event that respondents were randomly selected.
Example explanation.
Random sampling was employed to choose respondents from a large population.
Use this only if selection was not random.
The sample size should be reasonable and doable.
Common sample sizes in IGNOU projects vary from 30 to 100 participants for surveys.
If you are studying financials, sample size could refer to the number years or companies.
Example explanation.
The sample size is 50 people from the chosen organization.
Or
The study includes financial information of five consecutive years.
Follow this with respect to your analysis section.
Study time defines the period of time you will conduct your research.
For financial topics, list your financial year clearly.
For survey issues, list the time of collecting data.
Example.
The study period consists of three months over which data was collected and analyzed.
This shows organization and clarity.
A large number of submissions for projects to ignou suffer due to avoidable mistakes.
Copying methods from the internet
Using terms that are more advanced without understanding
Discord between goals and the methodology
It is possible to claim primary data, but without any evidence
Make sure you avoid these mistakes in order to increase the quality of your project.
IGNOU examiners look for.
Clearness
The flow of logic
Relevance to the subject
Sincere explanation
They do not require perfect research. They look for honest efforts.
An easy to understand method is often more effective that a technical copy.
Always take your time reading your objectives before creating your methodology. Every goal should be supported with a plan.
If the objective is to study financial performance, mention percentiles.
If objective involves analyzing employee satisfaction, provide a questionnaire.
This alignment leaves a strong impression.
The right research design and data collection method cannot be a matter of complexity. It is about suitability. When it comes to an ignou-mcom project, simple choices explained clearly are the best.
Learn about your topic. Don't lie about your data. Write in your own language. The simple act of writing can help you improve your marks and confidence.
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