Here are some great VLSI project ideas for final-year students:

1. Image Processing System on FPGA: Algorithm, such as edge detection or image filtering should be performed through the usage of FPGAs for optimal performance.

2. Low-Power SRAM Design: Design and simulate a low-power Static Random Access Memory (SRAM) cell, targetting leakage and dynamic power dissipation.

3. Digital Signal Processor (DSP) Design: Design an example of a DSP that will allow a specific signal to be filtered or, for instance, undergo FFT.

4. Wireless Sensor Network (WSN) Protocol Implementation: Devise a VLSI based sensor node for wireless communication that will support protocols used in data transmission.

5. Reconfigurable Hardware Architecture: It is necessary to elaborate a box which is able to evolve in order to support several applications: in this context, it is possible to try to reconfigure parts of the hardware during the runtime according to the specific needs of the client application.

6. Cryptographic Hardware Accelerator: Propose and design a device for which you could use cryptographic algorithms or primitives including AES or RSA where optimization of both speed optimization and security is important.

7. System-on-Chip (SoC) Design: Selected h/w architects use Verilog or VHDL to design a including microcontroller, memory and other peripherals.

8. Artificial Neural Network (ANN) on FPGA: Devise a mini ANN for image recognition and other related work and optimally use the features of parallel processing provisioned by FPGAs.9. Automated VLSI Testing Tool: Design a testing and validation software system that has reduced time and eliminated errors in conducting tests of VLSI designs (Very Large Scale Integration).

10. Temperature Sensor with Data Logger: It will be a VLSI (Very Large Scale Integration) chip for measuring temperature and recording data, with the capability to display the data on a PC or a mobile connection.

All these project proposals present prospects to learn diverse aspects of VLSI design and implementation in addition to enhancing creativity. Choose one that you are interested in and which you can afford to do!