Picking the appropriate research style and data collection technique is among the most confusing parts for students who have to complete their IGNOU project. Many students begin writing their IGNOU mcom projects without really knowing what research they're actually carrying out. So, the methodology section looks poor, duplicated, or disconnected from the topic.
This article is primarily focused on the process of selecting an appropriate research style and method of data collection appropriate for IGNOU MCom projects. It presents concepts in simple terminology and ties them through practical examples to ensure that students are able to apply them quickly.
Research design is a blueprint for your study. It sets the direction for your research project. If the design of your research is wrong, then everything that will follow data collection the conclusion, and analysis becomes suspect.
IGNOU does not anticipate complex or highly technical research plans. What they want is alignment. The design should be a reflection of your goals, subject, and the availability of data.
Students lose marks often not because their subject is poor in the first place, but due to their design doesn't match the goals the students have set out in their writing.
Research design is the way to describe the kind of study you're conducting. It will answer three important questions.
What is being investigated?
for? Why is it being looked at
How it is being investigated
For ignou's MCOM projects research design is usually categorized under one of the following types.
This is among the most frequently utilized design used in IGNOU MCom projects. It is utilized when the purpose is to explain a particular situation, condition, or even a performance.
This design can be used for subjects like.
The satisfaction of employees
Affects the perception of customer
Financial performance analysis
Working capital management
Impact of training on employees
In descriptive research researchers do not manipulate variables. The main focus is noting and describing existing facts.
Example explanation.
The study is based on the pattern of a descriptive research study to evaluate the current financial position of the selected business based on pertinent information.
This design is safe and accepted. It is also easy justification in an ignou MCOM project.
Analytical research methodology is used when the study goes beyond descriptions and attempts to investigate relations or performance trends.
This design is appropriate when your project involves.
Ratio analysis
Tend analysis
Comparative analysis between companies
and their financial evaluation
Many finance related ignou mcom project areas employ analytical design as well as descriptive design.
Example explanation.
The study follows an analytical design of research to evaluate the financial performance of the business through trend analysis and ratio analysis.
This shows depth but isn't complex.
Exploratory research design is used in cases where the subject is unknown or has not been defined clearly. It is less common in IGNOU MCom projects but may be utilized in other areas such as.
Emerging business practices
Digital payment adoption
New accounting standards awareness
Example explanation.
The study employs an exploratory design of research to determine the perception of employees about current accounting practices.
Use this style only when your topic is really exploring something new.
To choose the correct design consider these questions.
Are I describing a current situation
Am I analyzing either performance or trends
Am I trying to understand the possibilities of a new concept
If the answer is a description it is best to go with descriptive designs.
If it involves numbers and comparison with analytical designs.
If it seeks to understand new concepts opt for an exploratory style.
In most ignou MCOM project submissions with descriptive and analytical designs will suffice.
When you have chosen the research plan following the selection, the next step involves deciding how data will be collected. The method used to collect data should be in line with your research concept.
IGNOU permits primary as well as secondary data. What is important is honesty, and clarity.
Primary data refers to data gathered on the spot by the investigator for the initial time.
Common data tools for primary use include.
Questionnaire
Interview
Observation
Primary data is valuable when the project you're working on involves opinions of perceptions, behavior, or other thoughts.
Examples of topics suitable when it comes to primary data.
Employee satisfaction
Customer service quality
Investor perception
Training effectiveness
Many students use questionnaires but do not design them properly. IGNOU doesn't evaluate questions in depth, but it must appear relevant and logical.
Guidelines for questionnaire design.
Keep questions simple
Beware of tech-speak.
Make sure you answer close-ended questions
Link questions with goals
Example description for methodology section.
Primary data was obtained using a structured questionnaire consisting of open-ended questions, designed according to the purposes for the research.
Do not use advanced survey techniques if you did not use them.
The interview method is not very popular but it's useful for small sample studies. It's perfect for case research and qualitative issues.
Example explanation.
Primary data was collected through personal interviews with selected employees in order to gain insight into their opinions on the matter.
Only use the interview method if you have actually spoken to respondents.
Secondary data refers to information already stored by an individual. It is widely used in projects like ignou's mcom.
Sources of secondary data include.
Annual reports Financial Statements Books Research journals Company websites Government publications
Finance and accounting issues largely depend on secondary data.
Example explanation.
The research is based on secondary data collected from company annual reports journal articles, textbooks including official site websites.
Data that is secondary to the original source is perfectly acceptable if properly mentioned.
Students are often of the opinion that data from primary sources appears prettier. It's not always the case.
Make sure to select primary data when.
The subject of your discussion involves opinions or conduct
You have access to people
Sample size is enough to handle the topic
Choose secondary data when.
Your topic is either financial or accounting based.
Data is available through reports
But time is limited
IGNOU MCOM project writing services (http://shinhwaspodium.com) doesn't penalize any projects based on secondary information. What is important is a proper analysis.
The sampling design explains why respondents or units were selected.
In the case of ignou's mcom project using simple sampling methods is enough.
Convenience sampling is the most popular method used by students.
Example explanation.
A convenient sampling technique was employed to select respondents based on availability and accessibility.
This is true and is accepted by IGNOU.
Random sampling can be described if respondents were selected randomly.
Example explanation.
Random sampling was employed to pick respondents from the entire population.
Use this only if selection was not random.
The size of the sample should be manageable and be manageable.
The typical sample sizes for IGNOU projects range from 30 to 100 respondents for surveys.
for financial reports, sample size could refer to the number years or businesses.
Example explanation.
The sample size consists of 50 people who are part of the organization.
Or
The study covers financial data of five consecutive years.
This should be consistent with the analysis section.
The time period of study is the period of time you will conduct your study.
For financial topics, write down the financial year in a clear manner.
For survey topics, include the time of collecting data.
Example.
The period of study covers three months over which data was gathered and then analyzed.
This shows planning and clarity.
Many ignou project submissions fall victim to errors that could be avoided.
Copying methodology from the internet
using advanced terms without having a clear understanding
The objectives are not compatible and methodology
Representing primary information without evidence
Make sure you avoid these mistakes in order to increase the quality of your work.
IGNOU appraisers will look for.
The clarity
Clarity
Connection to the topic
Honest explanation
They don't have the expectation of perfect research. They look for honest efforts.
A straightforward and easily explained procedure is usually more successful than a copycat technical approach.
Make sure you read your goals before you write your process. Each goal should be supported with a method.
If the aim is to analyze the financial performance of a company, make reference to the ratios.
If objective is to analyze employee satisfaction, provide a questionnaire.
This alignment makes a powerful impression.

Selecting the most appropriate research design and method for data collection is not about complexity. The key is in the suitability. For an ignou MCOM project Simple choices that are clearly explained are the best.
Be aware of the subject. Be sincere about your data. Write your thoughts in your own words. This alone will improve your scores and confidence.