Choosing the correct research design and data collection methodology is one of the most complicated aspects for students working on an IGNOU project. A lot of students write their ignou project without knowing what research they actually are conducting. Therefore, it appears as if the methodology is poor, duplicated, or disconnected from the main topic.
This article will focus on the process of selecting an appropriate research strategy and method of data collection with respect to IGNOU MCom projects. It clarifies concepts using a simple words and provides them by providing examples of how students can easily apply them.
Research design acts like an outline for your study. It determines the direction of your research project. If the research strategy is flawed, everything that is based on data collection, analysis, and conclusion becomes questionable.
IGNOU will not be able to provide complex or extremely technical research designs. What they require is alignment. The design should reflect your goal, topic, and availability of data.
Many students do not lose marks because their topic is bad however, their style does not align with the goals they've established in their paper.
Research design is the way to describe the kind of research you're carrying out. It is the answer to three essential questions.
What is being studying?
Why it is being looked at
How it is being studied
In ignou's project work, research design usually falls into one of the following categories.
A descriptive research model is the most commonly employed design in IGNOU MCom projects. It is utilized for projects that seek to provide a description of a situation, state, or perform.
This design is suitable for subjects like.
Satisfaction of employees
Affects the perception of customer
Analyzing financial performance
Working capital management
Training's impact on employees
In descriptive research researchers are not able to manipulate variables. The focus is only on being observant and describing facts.
Example explanation.
The study follows the method of descriptive research in order to analyse the financial situation of the business using relevant data.
This design is safe it is accepted and simple justification in an MCOM project.
Analytical research design is employed for research that goes beyond description and seeks to understand connections or trends in performance.
This design is suitable if your project involves.
Ratio study
Research on trends
Comparative study between companies
Year wise financial evaluation
Many finance-related ignou project subjects employ an analytical approach together with descriptive designs.
Example explanation.
The study is based on an analytical research model to assess the financial performance of the business by analyzing trends and ratios.
This shows depth without sounding complex.
Research design that is exploratory is often used in cases where the subject is in its initial stages or not well defined. It's not so common and is not used in 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 employs an exploratory approach to study the employee's perception of new accounting practices.
Use this design only if your subject truly explores something unfamiliar.
To select the right design Ask yourself these questions.
Am I writing about an existing situation
Are I analyzing either performance or trends
Do I am attempting to discover some new concepts
If your answer is descriptive then go for descriptive design.
If it includes numbers or comparison, add analytical design.
If it involves a deeper understanding of new ideas take a look at exploratory design.
To be used for most ignou-mcom project submissions conceptual and analytical designs will suffice.
When the research concept is chosen Next step is deciding how data will be taken. The method of data collection should complement your research concept.
IGNOU accepts primary and secondary data. What matters is honesty and clarity.
Primary data is information gathered in the direct presence of the research scientist for the very first time.
Common primary data tools comprise.
Questionnaire
Interview
Observation
Primary data is useful when your project involves opinions or perceptions.
Examples of topics suitable on the basis of primary data.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Many students are using questionnaires but don't make them well-designed. IGNOU MCOM Project Guide does not review the questionnaire with a thoroughness, but it should appear appropriate and logical.
Guidelines for questionnaire design.
Answers should be straightforward
Beware of technical language
Use closed ended questions
Links questions to objectives
Example description for methodology section.
Primary data was collected using an organized questionnaire comprised of questions with a close-ended format that was designed according to the objectives used in this research.
Do not make claims for advanced survey techniques if they did not employ them.
Interview method isn't as popular but is useful for smaller sample studies. It's great for cases studies and for qualitative topics.
Example explanation.
The primary data was gathered through individual interviews with employees to get their opinions regarding the issue.
Use interview method only if you actually had a conversation with the respondents.
Secondary data refers to data already that was collected by a different person. It is frequently used in the work of the project ignou mcom.
Secondary data sources include.
Annual reports Financial statements Books Research journals Company websites Government publications
Topics related to finance and accounting mainly require secondary information.
Example explanation.
The study is based upon secondary data obtained from company annual reports as well as textbooks, journals also official portals.
The use of secondary data is acceptable If it is appropriately mentioned.
Students often think primary data appears better. This is not always true.
Choose the primary source of data.
The topic you are discussing involves opinions or conduct
You have access to people
Size of the sample is achievable
Use secondary data only when.
Your subject is financial or accounting-related.
Data is available via reports
and reports. Time is not unlimited.
IGNOU does not penalize projects on the basis of secondary data. It is about proper analysis.
Sampling design describes how respondents or units were chosen.
In ignou's MCOM project work, simple sampling methods are enough.
Convenience sampling is among the most common method used by students.
Example explanation.
The convenience sampling technique was utilized to select respondents based on accessibility and availability.
This is realistic and recognized by IGNOU.
Random sampling might be mentioned in cases where respondents were picked randomly.
Example explanation.
Random sampling was the method employed to choose respondents from a large population.
Make sure to use this only in the event that the selection was actually random.
The size of the sample must be reasonable and easy to manage.
The most common sample sizes in IGNOU projects range between 30 to 100 participants for surveys.
To conduct financial analyses, the size of the sample can be used to refer the number years or the size of companies.
Example explanation.
The sample size is fifty respondents from the organisation.
Or
The study covers financial data of five consecutive years.
Be sure to keep this in line with your analysis section.
Study period is the time period for your study.
For financial subjects, include the financial year clearly.
For survey topics, provide the time of research.
Example.
The study spans three months, during which data were gathered and analyzed.
This shows planning and clarity.
A large number of submissions for projects to ignou suffer due to avoidable mistakes.
Copying methodology from online
using terms and concepts that are advanced without knowing
Discord between goals and methods
Insisting on primary data, but without any evidence
Beware of these mistakes and improve the quality of your project.
IGNOU evaluaters look for.
Clarity
Logical flow
Application to the subject
Full explanation
They don't expect flawless research. They want genuine effort.
Simple and well explained methodology often scores better over a rewritten technical model.
Always take your time reading your objectives before writing your methodology. Each objective must be backed with a method.
If your goal is to look at financial performance, refer to percentages.
If objective is to assess employee satisfaction, use questionnaires.
This alignment creates a strong impression.
Picking the appropriate research design and data collection technique is not about complexity. It's all about the right fit. In a project like ignou mcom simple and clear choices make the best choice.
Get to know your subject. Be transparent about your information. Write in your own language. It can boost both scores and confidence.