hey man
i did my thesis last year (mechanical engineering)
as for thesis ideas for you,
i reckon variable intake lengths would be a great idea. see where peak power is with different lengths of intake, then maybe create a varying intake? like what the R1 motorbike and some bmw engines already do.
its what i wanted to do, but never got around to it and ended up doin a group thesis where we designed a chassis for an open wheeler racer.