MBA in India

If you are a fresher then you are not eligible to do MBA in Australia. If you want to do MBA, you can do from UK as it is for freshers without experience. It is a one year PG program.
You can not compare MBA in India and abroad as in abroad it is more practical oriented.

IIM is one of the best colleges in India for MBA and it's under 10 lakhs.

Depends on the University and the Currency. It's very expensive to study in abroad. But the certification is valid throughout the world. MBA is a good option but decide how you want to study it and where you want to study? It's actually a great choice.

IIM Ahmedabad has the best placement record in India. You may refer to following link for list of top MBA B-Schools in India: https://www.shiksha.com/mba/ranking/top-mba-colleges-in-india/2-2-0-0-0

Hi Rohan,
You will be best one to answer this question. Suggest you to go through the program curriculum of both the specialization, try to understand what each of them means and what the career outcomes would be. MBA Strategic Management will train you towards strategic thinking, strategic implementation, Strategic Management of Human Assets, etc. while MBA in finance will train you for a finance oriented career, you will require excellent skills in numbers and mathematics.

Hello Rajendra,
The best college for MBA in India is IIM (Indian Institute of Management). You need to have a good percentile in CAT(common admission test) to get admission into IIMs
the fee structure differed from each IIM. The fee range is from 10 lakhs p.a -19 lakhs pa.
IIM Calcutta and Ahmedabad have 19 lakhs per annum while Ranchi, Raipur and Trichy have 10 lakhs per annum.
You may also refer below for the top MBA colleges in India:
https://www.shiksha.com/mba/ranking/top-mba-colleges-in-india/2-2-0-0-0