Dissertation Topic in Financial Engineering

Hi Everyone,
I am fairly new to this world of trading. I am a student of Msc Finance and I would like to do my dissertation in any topics associated with Financial Engineering. I am fairly comfortable with stochastic and deterministic pricing models (BS, Heston etc), vols and greeks. However, my math is at beginner level not of a Quant. What I am looking for is kind of guidance, direction or ideas that I can take, study and research about indian derivative market. I am sure with the brains around, I should be able to get some inspiration. Please let me know your thoughts on this.

Lots of people around will help if you ask specific questions.

Have you looked into crypto currencies (esp: Bitcoin).

These crypto currencies are super hot topic in finance world and these crypto currencies challenge all the classical economic theories and no one knows in what territory they are taking us in. For eg. what will happen if the money flows with zero friction, instantly to any part of the universe, what will be the impact on time, money velocity, interest rates, arbitrages etc etc.

If you want to look only into typical old fashioned markets, well am bit disappointed, why would one avoid a raging hot topic to 'I also did a dissertation-I also ran- topic'... but still there lot of scope here too.

I would look into:
* Fractal markets, why linear thinking used in physics is out dated and non linear thinking is needed.
* Market as complex adaptive systems, a non linear way to understand and prepare for market events (instead of traditional linear modeling that depends on bell curve, curve fitting models and averages).
* Insights into risk management and study of Antifragility, Optionality, Randomness (Nassim Taleb)
* Advancements in Monte Carlo Simulation and related studies to understand risk management policies (or Trading Plans).

Here is a social and practical topic:

* Study on influencing people to make better risk management decisions for masses.
- Choice architecture
- Nudges
- Study of Behavioral Cognitive biases observed and suggested choice architecture to avoid disasters.
- Heuristics in decision making under uncertainity (Fast and Frugal Decision Trees that beats complex risk models (how can it be possible?? clue: Bias-Variance Dilemma)!!!)

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btw am an engineering graduate and never studied economics/finance as a course

Here is one more out the box thinking topic.

1)Study of Monopolies and why entrepreneurs should strive to create monopolies instead of getting into crazy competition, How anti-monopoly laws are actually hurting.
Types of monopolies eg: Market monopoly VS govt. subsidized protection based monopolies.

check out: Peter Theil, Elon Musk

2)Taxation structures and their impact on Economy: Study of middle east, Singapore, Leftist Countries and India. Why businesses flock to certain places like Singapore?
Followed by recommendations to our country.

3)Study of Entrepreneurship space: their culture, infrastructure, tax/business policies, migration control and what our country is missing to build next silicon Valley.