ITS, established as a foreign investment under the approval of Ministry of Higher Education in 1984 is the oldest private Institute of its kind in Tertiary Education in Sri Lanka, and it has gradually grown to establish itself as a major campus offering not less than ten degree programs. ITS received the degree awarding status for Computer Science degree programs under amended University Act. 1987. (Gazette of the Democratic Socialist Republic of Sri Lanka Extraordinary No 536/15-1988) Today it is best known as The Colombo campus of Troy University, USA. ITS has been in constant contact with the Universities of developed countries, especially with those of United States of America over the last 25 years, and has maintained curricula and study methods on par with those of the well known universities of United States.

Up to now, nearly 7,000 students have obtained a high quality university education through ITS either on ITS degree programs or on transfer degree programs to the USA, Canada, Australia, the UK, Singapore. The education program and teaching - learning process at the ITS, has evolved with, the influence and bias from the American System of Higher Education. The semester system with continued assessment gives full flexibility to students in selecting courses of study.

ITS's location in a sprawling acreage in Colombo with easy access and providing modern facilities, large library, cafeteria constitute the state- of- art features of a modern Campus. ITS has two faculties namely the faculty of Engineering, Science & Computing and the Faculty of Business & Public Administration and a Department of English to fulfill the academic requirements of the undergraduate students.

Faculty of Engineering, Science & Computing offers seven Degree Programs in Computer Science (Information / Engineering), three Associate Degree Programs in Science and a strong Foundation Program to select from, for the knowledge seeking students. Further, a scholarship scheme has been introduced for the student seeking enrolment in computer related degree programs with the Faculty of Engineering, Science & Computing. Students who have excelled in games and sports during their school careers are favorably considered for admission.