A Massachusetts couple has made a $5 million challenge gift to Kansas State University’s College of Business Administration.

Paul and Sandra Edgerley, of Brookline, Massachusetts, offered to match donations from other donors at 50 percent. The money will be used for the college’s Career Counseling and Skill Development program, which prepares students for careers with their “dream” companies.

Julie and Roger Davis, of Chicago are the first to accept the challenge by giving $500,000 to the new program.

Paul Edgerley graduated from Kansas State in 1978 with a bachelor’s degree in business. He is managing director of Bain Capital Partners LLC, a private investment firm based in Boston. The Edgerleys are members of the KSU Foundation’s President’s Club and have served the university in several capacities.