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<ul class="m-section-links ">
    <li class="m-section-links__item">
        <a class="m-section-links__item-link" href="javascript:void(0)">
            <span>Accounting</span>
            <span class="a-icon  m-section-links__item-icon">
                <svg class="icon--arrow--long-right icon" role="img">
                    <use role="presentation" xlink:href="#icon--arrow--long-right" />
                </svg>
            </span>
        </a>
    </li>
    <li class="m-section-links__item">
        <a class="m-section-links__item-link" href="javascript:void(0)">
            <span><span>Decision, Risk</span> & Operations</span>
            <span class="a-icon  m-section-links__item-icon">
                <svg class="icon--arrow--long-right icon" role="img">
                    <use role="presentation" xlink:href="#icon--arrow--long-right" />
                </svg>
            </span>
        </a>
    </li>
    <li class="m-section-links__item">
        <a class="m-section-links__item-link" href="javascript:void(0)">
            <span>Economics</span>
            <span class="a-icon  m-section-links__item-icon">
                <svg class="icon--arrow--long-right icon" role="img">
                    <use role="presentation" xlink:href="#icon--arrow--long-right" />
                </svg>
            </span>
        </a>
    </li>
    <li class="m-section-links__item">
        <a class="m-section-links__item-link" href="javascript:void(0)">
            <span>Finance</span>
            <span class="a-icon  m-section-links__item-icon">
                <svg class="icon--arrow--long-right icon" role="img">
                    <use role="presentation" xlink:href="#icon--arrow--long-right" />
                </svg>
            </span>
        </a>
    </li>
    <li class="m-section-links__item">
        <a class="m-section-links__item-link" href="javascript:void(0)">
            <span>Management</span>
            <span class="a-icon  m-section-links__item-icon">
                <svg class="icon--arrow--long-right icon" role="img">
                    <use role="presentation" xlink:href="#icon--arrow--long-right" />
                </svg>
            </span>
        </a>
    </li>
    <li class="m-section-links__item">
        <a class="m-section-links__item-link" href="javascript:void(0)">
            <span>Marketing</span>
            <span class="a-icon  m-section-links__item-icon">
                <svg class="icon--arrow--long-right icon" role="img">
                    <use role="presentation" xlink:href="#icon--arrow--long-right" />
                </svg>
            </span>
        </a>
    </li>
    <li class="m-section-links__item">
        <a class="m-section-links__item-link" href="javascript:void(0)">
            <span>Competitive Strategy</span>
            <span class="a-icon  m-section-links__item-icon">
                <svg class="icon--arrow--long-right icon" role="img">
                    <use role="presentation" xlink:href="#icon--arrow--long-right" />
                </svg>
            </span>
        </a>
    </li>
    <li class="m-section-links__item">
        <a class="m-section-links__item-link" href="javascript:void(0)">
            <span><span>Decision Making</span> & Negotiations</span>
            <span class="a-icon  m-section-links__item-icon">
                <svg class="icon--arrow--long-right icon" role="img">
                    <use role="presentation" xlink:href="#icon--arrow--long-right" />
                </svg>
            </span>
        </a>
    </li>
</ul>
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{
  "links": [
    {
      "text": "Accounting",
      "href": "javascript:void(0)"
    },
    {
      "text": "<span>Decision, Risk</span> & Operations",
      "href": "javascript:void(0)"
    },
    {
      "text": "Economics",
      "href": "javascript:void(0)"
    },
    {
      "text": "Finance",
      "href": "javascript:void(0)"
    },
    {
      "text": "Management",
      "href": "javascript:void(0)"
    },
    {
      "text": "Marketing",
      "href": "javascript:void(0)"
    },
    {
      "text": "Competitive Strategy",
      "href": "javascript:void(0)"
    },
    {
      "text": "<span>Decision Making</span> & Negotiations",
      "href": "javascript:void(0)"
    }
  ]
}
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<ul class="m-section-links {{ small ? 'm-section-links--small' }}">
	{% for link in links %}
		<li class="m-section-links__item">
			<a class="m-section-links__item-link" href="{{ link.href }}">
				<span>{{ link.text }}</span>
        {% if small %}
          {% include 'components/atoms/icon/icon' with { icon: "arrow--md-right", class: "m-section-links__item-icon" } %}
        {% else %}
          {% include 'components/atoms/icon/icon' with { icon: "arrow--long-right", class: "m-section-links__item-icon" } %}
        {% endif %}
			</a>
		</li>
	{% endfor %}
</ul>
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.m-section-links {
  &:not(#{&}--small) {
    @include f-heading-5;
    @include child-spacing-y(
      (
        xsmall: 4px,
      )
    );
  }

  &--small {
    @include f-heading-1;
    @include css-columns(
      (
        xsmall: 2,
        small: 2,
        medium: 1,
        large: 2,
        xlarge: 2,
        xxlarge: 2,
        xxxlarge: 2,
      )
    );
  }

  &__item-link {
    @include link-focus;
    display: inline-block;
    white-space: nowrap;
    color: var(--color--text--aux);
    transition: color $timing--short $bezier--standard;
    &:hover {
      color: var(--color--text);
    }

    @include key-focus {
      color: var(--color--text);
    }

    span:first-child {
      white-space: normal;
    }
  }

  &__item-icon {
    display: none;
  }

  @include breakpoint("xlarge+") {
    &__item-icon {
      width: 0;
      overflow: visible;
      vertical-align: middle;
      display: inline-flex;
      margin-left: 12px;
      margin-right: 4px;
      color: var(--color--action);
      transition: opacity $timing--medium $bezier--standard,
        transform 0s $timing--medium;
      transform: translateX(-12px);
      opacity: 0;

      svg {
        overflow: visible;
      }
    }

    &__item-link[data-focus-method="key"]:focus &__item-icon,
    &__item-link:hover &__item-icon {
      transform: none;
      opacity: 1;
      transition: opacity $timing--medium $bezier--standard,
        transform $timing--long $bezier--standard;
    }
  }
}