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15 MBA Project Tips for Effective Result in IGNOU June 2024 Semester

An MBA is a degree focused on building leadership skills and learning business principles. But for the majority of students, MBAs offer much more than that: a stronger professional network, access to job opportunities, and a bigger pay. As part of the curriculum in most of the University, during the last Semester, students are required to take up project work in their area of specialization for the successful completion of the MBA Program.

In IGNOU, MBA Project is equivalent to two courses. However, for registration purposes the Project Course is treated as one course, which is of Eight Credits. The basic purpose of MBA Project is to help learners develop an ability to apply multidisciplinary concepts, tools and techniques to analyse and logically approach the organisational problems. MBA Project study should be on a topic preferably from the area of specialisation in MBA program.

WHAT IS AN MBA PROJECT WORK?

With an intensive study on a topic, students would explore the subject in detail, gather information and explain the same, seek challenges if any after investigation, the methods used to solve the problem, the results of the investigation and the conclusions inferred and a set of recommendations that can be implemented. MBA Project can be descriptive with existing systems/ prevailing conditions of the topic under Research. In exploratory study we explore the area of study, by introducing new augments to the existing system and draw inferences and projections.

Following are 15 MBA Project Report Tips for Effective Result in IGNOU June 2024 Semester

1. WHAT CAN BE STUDIED IN AN MBA PROJECT?

The project taken for study can be related to a particular organization. It can be comparison study of many organizations while on a particular project. A project should preferably be conducted in the organization where the student is employed. Before proceeding on the Project report study, the student should identify the problem he/she intends to study and know the subject under study. He/she can facilitate this by reading material on the intended study. Students should check the access to the materials, data, and references for the study? A review of the Literature i.e., the studies done so far, the topics studied, will give a comprehensive view to the student as to which area of study is found wanting or there is a lacuna. This enables a student to select the area of study. The student has to take the necessary permission from the current employer if he/she intends to conduct the study in the organization he/she is working. As a case study, the student can select his own organization in which he/she is employed or choose some other organization or could take up an industry vertical. That is most recent, and has most application value. This information can be acquired by reading periodicals and recent publications.

2. STRUCTURE OF AN EFFECTIVE MBA PROJECT REPORT

A tidy, well laid out and consistently formatted document makes for easier reading and is suggestive of a careful and professional attitude towards its preparation. Remember that quantity does not automatically guarantee quality. Conciseness, clarity, and elegance are invaluable qualities in report writing, and will be rewarded appropriately. Instructions of your University regarding format of the MBA project to be followed carefully. For example, in IGNOU, the Project Report should be submitted in original in A-4 Size (29 x 20 cm), typed in double space, in a bound volume.

3. SCOPE OF THE MBA PROJECT STUDY

Students must ensure that the project undertaken must be an original study. The research work and report should be valued in terms of application value? Can it be used for improvement by the organization? The study should highlight its application in day to day functioning or in a specific area of your specialization field. The data collected could be primary i.e., gathered by your own observation, or it may be secondary i.e. taken from the records shared by the organization where the research is being conducted.

4. WRITE AN SYNOPSIS OR ABSTRACT OF THE MBA PROJECT

The abstract is a very brief summary of the report's contents. It should be about one full page long or more. Somebody unfamiliar with your project should have a good idea of what it's about having read the abstract alone and will know whether it will be of interest to them.

5. ACKNOWLEDGE THOSE WHO HAVE CONTRIBUTED IN THE MBA PROJECT

It is usual to thank those individuals who have provided particularly useful assistance, technical or otherwise, during your MBA project. Your supervisor will obviously be pleased to be acknowledged as he or she will have invested quite a lot of time overseeing your progress.

6. ATTACH THE CERTIFICATE OF ORIGINALITY

Certificate of Originality is to be signed by both the student and the project Guide mentioning that the report has not been submitted earlier either to this University or to any other University/Institution for the fulfilment of the requirement of a course of study.

7. TABLE OF CONTENTS OF MBA PROJECT REPORT

This should list the main chapters and (sub)sections of your report. Choose self-explanatory chapter and section titles and use double spacing for clarity. If possible you should include page numbers indicating where each chapter/section begins. Try to avoid too many levels of subheading - three is sufficient.

8. INTRODUCTION TO THE MBA PROJECT

Based on the topic of study (from chosen specialization of MBA), e.g. if it is a study on Marketing practices, an introduction as to what is Marketing and its practices, and other relevant information should be given in context to the organization where this project is undertaken.

9. BACKGROUND

brief background about the company/organization under study, like Name, Location etc. and also relevant details like organization structure, existing systems related to the particular subject under study and a brief write up of the problem you have identified and you want to study in that organization.

10. RESEARCH METHODOLOGY

It forms the crux of the report. It should clearly identify the Problem, the main objectives of the study, the scope which indicates the usefulness of the project, how applicable it is, and how it can be used by the organization for improved performance. Research Methodology of the Project Report must have elaborate detail of all the components of the methodology as below:

  • Research Design
  • Nature and Source of data/information collected
  • Sample and Sampling method with rationale
  • Details of the tools:
  • The Questionnaire and other methods used and their purpose
  • Reliability and Validity of the tools used
  • Administration of tools and techniques
  • Data collection
  • Data Handling, Statistical tools used for Data Analysis
  • Data Interpretation and Findings
  • Recommendations
  • Summary and Conclusion
  • Limitations of the Project
  • Direction for further research (optional)
  • Reference/Bibliography
  • Annexures/Appendices (Questionnaire used etc.)

11. PREPARE A TITLE OF THE MBA PROJECT & TITLE PAGE  

The choice of topic for the project work and the approach to be adopted needs to be based on the field of specialization. It is important to distinguish between ‘project work topic’ and ‘project work title’. The topic is the specific area that you wish to investigate. The title may not be decided until the project work has been written so as to reflect its content properly. So at this stage, after completion of Research Methodology a student can decide a Title of thee MBA Project. Further, the title page should be prepared now mentioning the project title and the name, enroll number etc of the author/ student of the report. You can also list the name of your supervisor.

12. MENTION THE FINDINGS OF YOUR MBA PROJECT

MBA project reports should have detailed mention of data analysis, evaluation and findings. It is extremely important that you evaluate what you have done both in absolute terms and in comparison with existing techniques, tools, software etc. This might involve quantitative evaluation and qualitative evaluation such as expressibility, future uses etc. At some point you should also evaluate the strengths and weaknesses of what you have done. Avoid statements like "The project has been a complete success and we have solved the problem (s) of an Organisation...! It is important to understand that there is no such thing as a perfect project. Even the very best pieces of work have their limitations and you are expected to provide a proper critical appraisal of what you have done.

13. AT THIS STAGE WRITE CONSLUSIONS & FUTURE WORK OF THE MBA PROJECT

The project's conclusions should list the things which have been learnt as a result of the work you have done. Avoid tedious personal reflections. It is common to finish the report by listing ways in which the project can be taken further.

14. NOW WRITE BIBLIOGRAPHY OF THE MBA PROJECT  

This consists of a list of all the books, articles, manuals etc. used in the project and referred to in the report. You should provide enough information to allow the reader to find the source. In the case of a text book you should quote the name of the publisher as well as the author(s). A weakness of many reports is inadequate citation of a source of information. It's easy to get this right so there are no excuses. Each entry in the bibliography should list the author(s) and title of the piece of work and should give full details of where it can be found.

15. FINALLY WRITE APPENDIX OF THE MBA PROJECT WORK

The appendices contain information which is peripheral to the main body of the report. Information typically included are things like parts of the code, tables, test cases or any other material which would break up the theme of the text if it appeared in situ. You should try to bind all your material in a single volume and create the black book.