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?