As companies throughout the U.S. diversify, business schools are working hard to change their enrollment to match the new face of corporate America, according to an article in U.S. News and World Report.

An alliance of corporate and academia called the Consortium for Graduate Study in Management is one of the groups at the forefront of this measure. The consortium's goal is to advance underrepresented minorities in business. To that end, it offers benefits not often available in the business school world, such as scholarships, a common application for potential students and even a special orientation program for first-year student members.

The article says that two selling points for minority students are money and flexibility. Schools are prepared to answer more questions about these issues and reinforce their commitment to supporting their students in order to increase minority enrollment.

According to the article Blacks, Hispanics and American Indians make up fewer than 10% of the students in the top 30 business schools despite being 28% of the U.S. population. The U.S. Department of Commerce's Minority Business Development Agency reports that minority-owned businesses made up 17.6% of the businesses owned in the U.S. in 2007.