We describe the results of a magneto-optical study of a class of semic
onductor heterostructures in which one of the constituent layers is a
diluted magnetic semiconductor (DMS). The large magnetic band splittin
gs of DMS materials result in spin-dependent confining potentials for
electrons and holes which can be changed externally by varying the app
lied magnetic field. The modifications in the band alignment result in
changes, sometimes dramatic, of the optical properties in the vicinit
y of the band gap.