
IGNOU MCOM Project for MCOP 001 – Complete Guide with Topics, Format & Samples
IGNOU MCOM Project for MCOP-001 is a final-semester project course in the Masters of Commerce program offered by IGNOU that carries six credits. It builds
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If you are enrolled in the IGNOU MCOM program, you may have queries about the MCOM Project. The most common questions about IGNOU MCOM Project work are answered here.
Choosing of the right topic is the first step in your IGNOU MCOM Project (course code MCOP-001). The subject has to be of interest to you as an academic and should be in either of the broad categories of commerce as well as management. Guidelines provided by IGNOU encourage a student to select a topic within his/her field (i.e. Marketing, Finance, Human Resources, International Business, Accounting or Taxation). Selecting a topic which you are interested in will help the research a more interesting and easier procedure.
Hints, in choosing an IGNOU MCOM project topic:
Prescribed project guidelines of IGNOU project program MCOP 001 give clear details on how to prepare your project synopsis and final report. The important guidelines are:
It is important to follow these guidelines. They act as a manual in your M.Com project. Following the format and guidelines provided, you will simplify the process of finding approval and end up with a project report complying with the standards of IGNOU.
Yes. The organization or company (other than IGNOU) in which you want to do your M.Com project is free of choice. Generally, the project of MCOM of IGNOU entails researching a real business situation, working on research and applying commerce principles to this work, it does not have to be related to IGNOU directly.
Practically, you can develop the project on any company or industry that may be of your interest. An example of this would be to carry out a financial performance analysis on a corporation, or a marketing strategy analysis of a retail brand or a human resource practice analysis in a firm. Comparative study of more than one organization or a survey of the industry-wide can also be acceptable. The guidelines of IGNOU permit feasibility studies on the single-case organizations and comparative studies on multiple organizations.
The trick is that your topic must be based on commerce/management and one that you can be able to research. In case you select a certain company, you must have access to the information or data you anticipate (you may request to access data or interviews in case you need to). The instruction that the company requires you to use any IGNOU related data does not exist, you are just supposed to explore the business world by conducting your research. Simply state in your synopsis the name of the organization(s) about which you intend to write and your reasons as well. It is more than okay to study an external company as long as the synopsis is accepted.
It is said that you are not employed by the company, you are researching on it academically. Try to be objective and use the company as a case to practice the concepts learned. There are other companies that you can choose and the best is a company that you are conversant with (this may be your workplace or a company well documented) but it is not a requirement. Your attention should be paid to the quality of designing a study and problem analysis within that external setting.
IGNOU consists of two sections of the M.Com project, project report and a viva voice (project defense) of the project. They are both mandatory and you have to deliver well enough in each in order to pass the project.
The best way to succeed is to ensure that your written report is good and to prepare well to do the viva by reading through your project as a whole. The confidence with which you answer questions on your work will show that you indeed carried out the research and comprehended what you got.
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In case, your project synopsis (proposal) is Not Approved, you will be getting a feedback with the reasons served by IGNOU. The next step is the following:
It is annoying when a synopsis does not review in favor of your work, but it is the time to improve your project plan. Quite a number of students are required to revise their synopsis once. Submitting the feedback again and as quickly as possible by responding well to any comments on the previous attempt, you stand a high probability to succeed at the next opportunity.
In order to have your project plan accepted, you must lay a synopsis (proposal) and a particular procedure. The priority in giving synopsis is:
Executed in this order, you will have a project that has an acceptable and proven plan to begin with. The process of submitting a synopsis to your reviewer may on the face of it look bureaucratic, but it is done to ensure that you actually have a viable study in mind and a suitably qualified guide to undertake it, before the full thing sucks your time away.
After your synopsis is accepted and after conducting the research, you are supposed to hand in the final project report to be evaluated. These are the steps to follow in submitting IGNOU MCOM project report:
This is the most important sequence to follow a complete report, submission to the right address by the due date, getting ready in time for the viva that will duly take you through the project requirements of your M.Com. Do not forget to keep copies of your work and receipts, and follow the guidelines that will put you on the safe side with regards to the evaluation process.
It is quite important that the MCOM project has a good project guide/supervisor. The following are some of the sources of an IGNOU MCOM project guide:
You should start seeking a guide as soon as possible, since getting the permission of a guide might require some time. The advantage of having someone as a guide on board early is that your topic and a synopsis can be refined using their input. A friendly and intelligent supervisor will not only meet the need of IGNOU but also will go a long way in improving project work.
IGNOU has stipulated strict guidelines to those who can assume the role of project supervisor. To sum up, the following are authorized to be MCOM guide to project:
Additional guidelines:
The guide cannot be your immediate family member or a student going through the M.Com at the current point of time. They ought to be a person who has an objective professional relationship with you.
In case you suggest a guide who is not an academic counsellor at IGNOU, you need to provide the elaborate CV of the guide. When gauging your synopsis, the university will screen their qualification and experience.
When you include your synopsis, the assessor will ensure that your intended supervisor fulfils the following requirements. Otherwise, your synopsis can be denied irrespective of what it entails. Hence, ensure that your guides profile has portrayed any of the above-entitled categories mentioned in the above section. Failing which, when uncertain about the eligibility of a guide, refer to the Regional Centre so that you may get a clarity to complete the person.
Important considerations:
In short, forward the summary to your Regional Centre, and forward the final project report to IGNOU SED in New Delhi. It is important to follow these channels; delivery of documents to the wrong organization may cause delays or misplacing of such documents. This is because it is always necessary to confirm the existing submission requirements as given by IGNOU in the event of changes.
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