The Institute of Technological Studies (ITS) is a private degree awarding institution situated in
Colombo
Colombo ( ; si, කොළඹ, translit=Koḷam̆ba, ; ta, கொழும்பு, translit=Koḻumpu, ) is the executive and judicial capital and largest city of Sri Lanka by population. According to the Brookings Institution, Colombo me ...
,
Sri Lanka
Sri Lanka (, ; si, ශ්රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an ...
. 7 Kirimandala Mawatha, Colombo - 5. It offers degree programs for undergraduates, especially transfer programs such as 2+2 or 3+1 for undergraduates who want to transfer to the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
,
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
or other countries.Institute of Technological Studies /ref>
As the government universities of Sri Lanka only accept 5-10% of the students who sit for the local G.C.E. Advance level examination, there was a question mark for the rest of students’ higher educations. After the political issues the Institute of Technological Studies was approved under the Section 25 A of the Amended University Act No. 16 of 1978 on 15 December 1988.
The Institute of Technological Studies was established in 1984 as a private university on a plot of land in the heart of Colombo, founded by Dr. Edirisinghe, the president of ITS. In June 1985, ITS started to offer B.S degree in Computer science in affiliation with the University of Houston–Clear Lake. It became the first institute in Sri Lanka to offer business degrees in 1987 by creating a business administration faculty.
Since 1991, the institute has expanded its activities by offering the first three years of the majority of the bachelor's degrees offered in US universities.
The
Troy University
Troy University is a public university in Troy, Alabama. It was founded in 1887 as Troy State Normal School within the Alabama State University System, and is now the flagship university of the Troy University System. Troy University is accredi ...
in
Troy, Alabama
Troy is a city in and the county seat of Pike County, Alabama, United States. It was formally incorporated on February 4, 1843.
Between 1763 and 1783, the area where Troy sits was part of the colony of British West Florida.The Economy of Brit ...
has joined with The ITS by offering the entire Computer Science and Business Administration degree to the Sri Lankan students. The degree obtained in ITS will be exactly the same as one gained at University.
The ITS campus facilities include a canteen, recreation facilities and landscaped grounds and benches that allow for socialization between classes.
ITS established OASIS Hospital in the year 2000 with intention of setting up a medical school affiliated to the ITS. OASIS Hospital is located in the healthcare hub of the Colombo City and very close in proximity to Apollo Hospital Colombo. It is a modern multi-storey complex sprawled over wooded land in the Colombo.
In May 2009, ITS announced that it had formed a partnership to open a branch campus of
St. Theresa's Medical University (St. Kitts)
St. Theresa's Medical University was a medical school located in Basseterre, St. Kitts prior to its closure in 2009.
History
St. Theresa's Medical University was opened in August 2005 and closed in August 2009.Colombo, Sri Lanka beginning in June 2009, with approximately 75 students, for which STMU claimed to have government approval. These plans ended when STMU closed in August 2009."Health Education Associates Unlimited, Inc.", the investment firm promoted by STM Founder and Chancellor M. Thomas Uhrin and STMU President and CEO Jeffrey T. Irwin to finance the Sri Lanka and Italy expansions, folded in 2009, leaving investors unpaid. A former US Attorney who examined the firm's agreements characterized it as fitting the characteristics of a
Ponzi scheme
A Ponzi scheme (, ) is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors. Named after Italian businessman Charles Ponzi, the scheme leads victims to believe that profits are comin ...