SLIIT 2+2 DEGREE PROGRAM

Complete your Bachelor’s Degree in Actuarial Science in the USA.

Students at the Sri Lanka Institute of Information Technology can now study for their first 2 years at SLIIT and their final 2 years at Butler University in Indianapolis, Indiana, alongside award-winning faculty.

Take your Actuarial Science degree farther.

The Sri Lanka Institute of Information Technology (SLIIT) and Butler University partnered to offer the 2+2 degree program for students aspiring to complete their studies in the USA. SLIIT students now have the option to earn their bachelor’s in Actuarial Science degree from Butler University after completing required SLIIT courses for the first two years of their degree.

Butler University is located in Indianapolis, Indiana, the 16th largest city in the USA. Butler’s Actuarial Science program is accredited by UCAP-AC (Universities and Colleges with Actuarial Programs – Advanced Curriculum) from the Society of Actuaries (SOA) with coursework that prepares students to take the SOA examinations required for SOA Associate credentials.

Apply with Transfer Application

International Student Admission

Indianapolis is an ideal backdrop for experiential learning with students securing internships in notable local institutions such as Eli Lilly, Roche, OneAmerica, Anthem, Salesforce, Children’s Museum, and more.

Program Details

Academic Requirements

Minimum grade of C in the SLIIT courses listed below under Coursework for Bachelor’s degree in Actuarial Science.
Official college transcript demonstrating a minimum 2.50 GPA at SLIIT at the time of application and no grade of C or below in the most recent semester.
The English Proficiency Requirements waived for students with SLIIT courses on their transcript that were taught entirely in English.

Application Process

Complete Transfer Application on Common App

Important Dates:

August 1: Application opens to start Fall term of the following year—apply via the Common App.
May 1: Deadline to apply for Fall term start.
Admission questions? Contact Craig VanGalder – cvangald@butler.edu

Estimated Expenses

Published Butler University tuition with a 40% discount rate applied for the applicable term start.
Tuition, housing, and meal plan fee amounts are published here.

Our Faculty

Chris Wilson

Professor – Mathematics
Department of Mathematical Sciences

Chris Wilson is a professor in the Department of Mathematical Sciences and an Associate of the Society of Actuaries. His research interests include noncommutative algebra and actuarial science pedagogy. He is the author of Mathematics and…
View more about Chris Wilson

Rasitha Jayesekere

Professor – Statistics and Actuarial Science
Department of Mathematical Sciences

Dr. Rasitha Jayesekere is a Professor of Statistics and Actuarial Science and serves as the Director of Statistics and Actuarial Science in the Department of Mathematical Sciences. She also coordinates the interdisciplinary Data Science minor, and serves…
View more about Rasitha Jayesekere

Frequently Asked Questions

All the following courses must be completed at SLIIT in year 1 or 2, with a minimum passing grade equivalent to a C at BU.

BM0010 Accounting (3 credits)	MA1083 Discrete Mathematics (3 credits)
BM2090 Financial Accounting (3 credits)	MA1074 Probability and Distributions (3 credits)
BM1030 Microeconomics (3 credits)	MA1092 Statistical Inference (3 credits)
BM1042 Macroeconomics (3 credits)	MA2124 Calculus 2 (4 credits)
BM1043 Principles of Management (3 credits)	MA2133 Linear Algebra (3 credits)
MA1091 Statistical Packages (1 credit)	MA2153 Regression Analysis (3 credits)
EN1073 Communication Skills (3 credits)	MA2174 Calculus 3 (4 credits)
EN1083 English for Academic Purposes (3 credits)	MA2183 Differential Equations (3 credits)
IT1010 Introduction to Programming (4 credits)	MA2194 Time Series Analysis with Financial Applications (4 credits)
MA1033 Calculus 1 (4 credits)	MA2202 Statistical Programming with R & Python (3 credits)

Major credit requirements of all SLIIT students to be completed in year 3 or 4 at BU, with a minimum passing grade equivalent to a C at BU.

MA360 Probability Theory I (3 credits)	MA397 Actuarial Mathematics I (3 credits)
MA361 Statistical Theory (3 credits)	MA398 Actuarial Mathematics II (3 credits)
MA363 Probability Theory II (3 credits)	MA399 Financial Derivatives (3 credits)
MA372 Loss Models (3 credits)	MA468 Predictive Analytics and Data Mining (3 credits)
MA395 Financial Mathematics (3 credits)

CORE credit requirements of all SLIIT students to be completed in year 3 or year 4 at BU, with a minimum passing grade according to CORE requirements.

Global and Historical Studies (3 credits)	Indianapolis Community Requirement (3 credits)
The Natural World (5 credits)	Social Justice and Diversity (3 credits)
Perspectives in the Creative Arts (3 credits)	Butler Cultural Requirement 4 events
Physical Well-Being (1 credit)	Foreign Language Requirement 2 courses (200 level +), 6 credits total*
Texts and Ideas (3 credits)

*If a student would like to be considered for a waiver of the foreign language requirement, the student will need to submit a copy of the high school transcript indicating that the course of instruction was in Sinhala or Tamil.

Students are paired with a Diversity Ambassador and a Peer Mentor for successful navigation through academics and campus life and a designated Faculty Advisor for academic resources. In addition, the following campus resources are available:

The Efroymson Diversity Center supports students with diversity, equity and inclusion.
- International Student Club (Instagram: @bu_intlclub) and South Asian Student Association on campus.
The Compass Center helps students to cultivate communities of religious diversity and distinctiveness while also partnering with students, faculty, and staff on exploring the pursuit of their life purpose.
Student Success Center offers various options for tutoring and writing assistance for academic support.

International students are allowed to work only on campus if they are full time students. They can work no more than 20 hours per week when school is in session. First, you’ll need a job offer letter from an on-campus location. Then, you’ll obtain a Social Security Number. As this process takes a few weeks, international students cannot start work as soon as they arrive.

International students can work full time (more than 20 hours) during fall break and spring break during the semesters in which they are full time students. International students can work on internships under Curricular Practical Training (CPT) outside of Butler only if they are required by the degree program and connected to a course enrolled under their major.

All international student employments need verification and prior approval and should be worked through Bobbie Gibson – bgibson@butler.edu

International students can work for 12 months under Optional Practical Training (OPT) under an appropriate job offer related to the degree*.
For STEM fields, students can work up to 2 more years after OPT under an appropriate job offer related to the degree*.

If you would like to start a master’s or a doctoral degree after graduation, you may plan that during your final year of undergraduate studies. Many master’s and doctoral degrees in the USA provide merit-based assistantships which cover tuition and provide a stipend.

All international student employments need verification and prior approval and should be worked through Bobbie Gibson – bgibson@butler.edu