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Symbiosis School of Banking and Finance (SSBF)

The document discusses different types of research methods taught in a Research Methodology course. It describes fundamental research as research aimed at developing scientific or social theories without necessarily solving practical problems. Applied research applies existing knowledge to solve practical issues. Action research solely aims to solve practical problems without developing new theories. Exploratory research explores new areas to identify research problems and variables.

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64 views

Symbiosis School of Banking and Finance (SSBF)

The document discusses different types of research methods taught in a Research Methodology course. It describes fundamental research as research aimed at developing scientific or social theories without necessarily solving practical problems. Applied research applies existing knowledge to solve practical issues. Action research solely aims to solve practical problems without developing new theories. Exploratory research explores new areas to identify research problems and variables.

Uploaded by

bknilu
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Symbiosis School of Banking and Finance (SSBF)

Name of the Course: Research Methodology


Name of the Faculty: Dr Shiba Parhi
Designation: Assistant Professor
Research Types

 Class Content
 Activities
 Questions
Research Types are on the Basis

 Intent ( Applied, Exploratory, Descriptive and Evaluation )


 Methods ( Analytical, Survey, Experimental, Inductive and Deductive)
 Approach ( Qualitative and Quantitative)
Scientific Research vs Social Research

Scientific Research Social Research


 Absolutism  Relativism
 Deterministic  Interpretavism
 Quantitative Study  Probabilistic
 Qualitative and Quantitative
Research
Types of Research

 Fundamental Research (Scientific Theory Development, Social Research


Theory, Management Theory , scope: Generalisation)
 Applied Research
 Action Research
 Exploratory Research
Fundamental Research

 Examples: Newton’s law of Motion


 Kepler’s Theory on Planetary Motion
 Maslow’s Theory of Need
 Micahel Porter Five Force Model
 It can be Qualitative or Quantitative
 One needs to Genralise
 Sole objective to develop Knowledge
Applied Research

 Applying fundamental Research Theory and Knowledge for the practical


solution
 There is scope of development of knowledge and theory to apply to
solve day to day problems
 Marketing Research , Organisational Behaviour, Portfolio Management
 It helps in solving immediate problems faced by society, industry and
business
Action Research

 There is no scope for the development of theory


 It is applied to solve the practical managerial and social problems
Exploratory Research

 First time encountering something one is trying to explore something


 Follow Qualitative and Quantitative Research Method
 Qualitative Research : Observation, Participatory Observation, in-depth
interview Focus Group discussion, Ethnonography, Phenomenology
 Descriptive Research: Statistical and Graphical research
 It helps in identifying the research problems, variables ( dependent and
independent variables)
 Going through Literature review, secondary data
Correlational and Causal Research

 It test how one factor is influencing the other variables


 Regression: simple regression, multiple regression, discriminate
regression, logistic regression, dummy regression
Historical Research

 Past event and ideas


 Archaeological Research
 Hermeneutical Study
 Dialectics
 Text Mining
 Content Analysis
Analytical and Decision Making
Research
 Content analysis, Text mining, Statistical Analysis
 Research for the purpose of Decision Making
Conceptual Research and Empirical
Research
Conceptual Empirical Research
 Literature Review  Experimentation
 Developing Concept  Experiences
 Formulating new concepts and  Data collection through senses,
indicating scope of development observations, etc.
of new theory  Test , re-testing
 Philosophical
 Rational means developing the
theories through reason
Operations Research

 Relating to Manufacturing, production, service operations


 Supply chain and logistics research
 Linear Programming
 Transportation
 Game theory
 Integer and Binary integer programming
Interdisciplinary and Group Research

 Modern Days development


 Behavioural finance- Medical Science
 Behavioural Finance- Government Policy
 Meditation-Human Resource Development
 Physics- Maths – Finance- Behaviour
 Psychology- Economics
Longitudinal Research vs Cross
Sectional Research
Glimpse of Qualitative vs
Quantitative
Activities: Go through The Papers identify
the different Research Type as Discussed

 https://
scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=momentum+in+physics&oq=Momentu
m+in+Phy
 Relativistic
thermodynamics: transverse momentum distributions in high-energy physics
 https
://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=Newton%C3%A8s+Law+of+Motion&bt
nG
=
 Designing computer games to help physics students understand Newton's laws of
motion
 https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=Communal+Harmony&btnG=
 Download Paper Sufism and Communal Harmony
 https://
scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=financial+portfolio+management&oq=Fi
nancial+Portfolio
 Financial portfolio management system and method
Questions

 What do you mean by Fundamental Research?


 What do you mean by Qualitative research?
 In what context example of Michael Porter Five force model is
highlighted>
 What do you mean by descriptive research?
 What do you mean by exploratory research?

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