Research Methodology

Program

MS Islamic Banking and Finance (MS IBF)

Credit Hours

03

Duration

15 weeks (15 sessions)

Learning Objective:
In this course the participants will be taken through the process of developing their
own understanding of research methods and techniques by theory and practice,
both. On the completion of the course the participants should be able to:

Sharpen their analytical skills based on objective and pragmatic investigation

of business situations.
Develop their own understanding of the management problems being faced
by their client, be it an organization.
Develop an ability to convert their managerial concern into a business
research problem in a clear and pragmatic manner.
Prepare a road map or a blue print of the research making a proper mix of the
various research methodologies and tools leant in the course.
Develop questionnaire relevant to the research problem and appropriate for
the target respondents.
Design field controls to ensure the validity and reliability of the data
collection.
Conduct interviews for data collection at different stages of the research.
Select and apply the basic statistical tools appropriate for analyses.
Plan a business research applying various tools.
Prepare themselves for more advanced and application courses.

Learning Methodology:
Class preparation and participation:
Students are required to read assigned material before coming to class. The
instructor will assess students level of preparation by raising questions on the
assigned topics.
Course Outline

Page 1

Examinations:
As per the University policy.
Assignments and Presentations:
All assignments for formal evaluation must be typed and submitted by the specified
due dates. Topics of assignments would be assigned by the course instructor from
the given topics. Each student will be required to make fifteen minutes class
presentation on the topic assigned.
Class Attendance:
Attendance policy of the university would be strictly followed.

Recommended Text Books:

RESEARCH METHODOLOGY A STEP-BY-STEP GUIDE
PUBLISHED BY PEARSON EDUCATION (2ND EDITION)

FOR BEGINNERS

(2011) RANJIT KUMAR

Reference Books:

Research Methods for Business A Skill Building Approach (2005) by Uma

Sekran, Published by John Wiley and Sons, Inc. (4 th Edition)
Research Methods and Statistics A Critical Thinking Approach (2003) by
Sherri L. Jackson, published by Thomson Wadsworth
Social Research Methods Qualitative and Quantitative Approach (2005) by
W. Lawrence Neuman, published by McGraw-Hill Publishing (4 th edition)

Calendar of Course contents to be covered during

semester
Course Code: IB - 625

Course Title:

Research Methodology
Week

Course Contents

Reference
Chapter(s)

MODULE I
Course Outline

Page 2

Research Mathodology An Islamic Perspective

1

Islam stands for promotion of research

Teaching of Quran and Sunnah

Muslim tradition in Research (1)

2

Hadith Studies:
o Riwaya and draya
o Asma ur rijal
o Aljirah wa alttadil

Muslim tradition in Research (2)

3

Social Sciences:
Tafseer, Adab, Scocialogy, Phelosophy,
Economics etc

Natural Sciences:
Medicine, Mathematics, Astronomy, physics,
chemistry
Muslim Thinkers on Research
4

Ibn Khaldon, Shah Wali Ullah, Allama Iqbal, Dr. rafi

Uddin, Syyed Madudi
Research Tools in Islamic research

Encyclopaedias, biographics, biblographics etc

Digital sources

Research Ethics
Thesis Writing
MODULE - II

Research a way of thinking

Research: a way of examining your practice
Application, definition, characteristics, types, and
paradigms of research
The research process: a quick glance
Steps in planning a research study
Steps in conducting a study

Course Outline

Page 3

10

11

12

13
14

Reviewing the literature

Place of literature review in research
Procure for reviewing literature
Formulating a research problem
Research problem: importance, sources, considerations, steps,
formulations of objectives, establishing operational definition
Identifying variable
Definition, Difference between a concept and a
variable, Types of variables and measurement scale
Constructing hypothesis
Definition, functions, characteristics, types, Errors in testing a
hypothesis
The Research Design
Definition, function, Study design based on the number of
contacts, the reference period, the nature of the investigation, other
some commonly used study design
Selecting a Method of Data Collection
Methods of collecting data, collecting data using
primary sources, Observations, Interview,
Questionnaire, forms of questionnaire, collecting
data using secondary source
Collecting Data using Attitudinal Scale
Difficulties, types and relationship b/w attitudinal;
and measurement scale
Establishing the validity and reliability of a
research instrument
The concept and types of validity
The concept, factors affecting, and methods determining the
reliability of an instrument
Sampling
The concept, principles, factors affecting, objectives, types and
sample calculation
Writing a Research Proposal
Contents of research proposal
Considering ethical issues in data collection
Ethics, stakeholders in research, ethical issues
concerning participants, researcher and the
sponsoring organization
Processing Data
How to put data into process, editing data collected
trough structured inquiries, unstructured
interviewing,
Coding data: Introduction, coding
quantitative/qualitative data
Developing a frame of analysis for
quantitative/qualitative studies
Data Analyzing, the role of computers in research, the role of
statistics in research

Course Outline

Page 4

15

Research Report
Writing in general, referencing, bibliography,
developing an outline, writing about a variable
Research methodology and practice evaluation
Definition, importance, types, understanding and ethics in
evaluation

Course Outline

Page 5