Mathias Arrfelt
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Phone: 480-727-7515
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BA 318F Tempe, AZ 85287
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Mail code: 4006Campus: Tempe
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Mathias Arrfelt is Clinical Professor and Associate Department Chair in the Department of Management and Entrepreneurship at the W. P. Carey School of Business at Arizona State University. He joined ASU in 2008 and is passionate about helping students develop the strategic thinking, leadership, and decision-making skills needed to succeed in today’s complex business environment. His teaching spans undergraduate and graduate courses in strategic management, leadership, organizational behavior, and international management, including the W. P. Carey Capstone Course.
In addition to his teaching, Professor Arrfelt serves in several academic leadership roles, including as Associate Department Chair and coordinator of undergraduate degree programs, course assessment, and internships. Through these roles, he contributes to curriculum development, student learning, and the continuous improvement of the student experience at W. P. Carey.
Professor Arrfelt also brings substantial industry experience from his earlier career in financial markets, where he held several trading and leadership positions at Skandinaviska Enskilda Banken in New York. This experience combined with his research on strategic decision-making in organizations, with particular emphasis on managerial risk-taking and capital allocation, informs his approach to teaching and helps him connect management concepts and strategic decision-making frameworks to real-world business challenges.
- Ph.D. Michigan State University 2008
- M.B.A. Fordham University 1995
- B.A. Murray State University 1991
Representative Publications
Busenbark, J., Semadini, M., Arrfelt, M. & Withers, M. 2022. Corporate-level Influences On Internal Capital Allocation: The Role of Financial Analyst Performance Projections. Strategic Management Journal, 43: 180-209.
Arrfelt, M., Mannor, M.J., Nahrgang, J.D., & Christensen, A.L. 2018. All risk-taking is not the same: Examining the competing effects of risk-taking on firm risk and firm performance with meta-analysis. Review of Managerial Science, 12: 621-660.
Busenbark, J., Wiseman, R., Arrfelt, M. & Hyun-Soo Woo. 2017. A Review of the Internal Capital Allocation Literature: Piecing Together the Capital Allocation Puzzle. Journal of Management, 43: 2430-2455
Wowak, A.J., Mannor, M.J., Arrfelt, M. & McNamara, G. 2016. Earthquake or Glacier? How CEO Charisma Manifests in Firm Strategy over Time. Strategic Management Journal, 37: 586-603
Arrfelt, M., Wiseman, R.M., McNamara, G., & Hult, G.T.M. 2015. Examining a Key Corporate Role: The Influence of Capital Allocation Competency on Firm Performance. Strategic Management Journal, 36: 1017-1034.
Arrfelt, M., Wiseman, R.M, & Hult, G.T.M. 2013. Looking Backward Instead of Forward: Aspiration-driven Influences on the Efficiency of the Capital Allocation Process. Academy of Management Journal, 56: 1081-1103.
Devers, C.E., McNamara, G., Wiseman, R.M. & Arrfelt, M. 2008. Moving Closer to the Action: Examining Compensation Design Effects on Firm Risk. Organization Science, 19: 548-566.
Hult, G.T.M., Ketchen, D.J., & Arrfelt, M. 2007. Strategic Supply Chain Management: Improving Performance through a Culture of Competitiveness and Knowledge. Strategic Management Journal, 28: 1035-1052.
Courses
2027 Spring
| Course Number | Course Title |
|---|---|
| MGT 459 | International Management |
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 484 | Internship |
| MGT 303 | Honors Org Strategies/Leadersh |
| WPC 480 | Capstone Course |
| WPC 480 | Capstone Course |
2026 Fall
| Course Number | Course Title |
|---|---|
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 484 | Internship |
| MGT 303 | Honors Org Strategies/Leadersh |
2026 Summer
| Course Number | Course Title |
|---|---|
| MGT 484 | Internship |
2026 Spring
| Course Number | Course Title |
|---|---|
| MGT 459 | International Management |
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 484 | Internship |
| MGT 303 | Honors Org Strategies/Leadersh |
| WPC 480 | Capstone Course |
2025 Fall
| Course Number | Course Title |
|---|---|
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 484 | Internship |
| MGT 459 | International Management |
| MGT 303 | Honors Org Strategies/Leadersh |
2025 Summer
| Course Number | Course Title |
|---|---|
| MGT 484 | Internship |
| MGT 411 | Leading Organizations |
| MGT 411 | Leading Organizations |
2025 Spring
| Course Number | Course Title |
|---|---|
| MGT 310 | Collaborative Team Skills |
| MGT 459 | International Management |
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 484 | Internship |
| MGT 493 | Honors Thesis |
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 310 | Collaborative Team Skills |
| MGT 492 | Honors Directed Study |
| WPC 480 | Capstone Course |
2024 Fall
| Course Number | Course Title |
|---|---|
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 484 | Internship |
| MGT 459 | International Management |
| MGT 303 | Honors Org Strategies/Leadersh |
| WPC 480 | Capstone Course |
2024 Summer
| Course Number | Course Title |
|---|---|
| MGT 484 | Internship |
| MGT 411 | Leading Organizations |
| MGT 411 | Leading Organizations |
2024 Spring
| Course Number | Course Title |
|---|---|
| MGT 459 | International Management |
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 484 | Internship |
| MGT 303 | Honors Org Strategies/Leadersh |
| WPC 480 | Capstone Course |
2023 Fall
| Course Number | Course Title |
|---|---|
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 484 | Internship |
| MGT 303 | Honors Org Strategies/Leadersh |
| WPC 480 | Capstone Course |
2023 Summer
| Course Number | Course Title |
|---|---|
| MGT 484 | Internship |
| MGT 300 | Principles of Mgt & Leadership |
| MGT 300 | Principles of Mgt & Leadership |
| MGT 411 | Leading Organizations |
| MGT 411 | Leading Organizations |
| ENT 484 | Internship |
2023 Spring
| Course Number | Course Title |
|---|---|
| MGT 459 | International Management |
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 484 | Internship |
| MGT 303 | Honors Org Strategies/Leadersh |
| WPC 480 | Capstone Course |
| ENT 484 | Internship |
2022 Fall
| Course Number | Course Title |
|---|---|
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 484 | Internship |
| MGT 303 | Honors Org Strategies/Leadersh |
| ENT 484 | Internship |
| MGT 586 | Fundamentals of Strategic Mgmt |
| WPC 470 | Business Admin Capstone |
| WPC 470 | Business Admin Capstone |
2022 Summer
| Course Number | Course Title |
|---|---|
| MGT 484 | Internship |
| WPC 480 | Capstone Course |
| ENT 484 | Internship |
2022 Spring
| Course Number | Course Title |
|---|---|
| MGT 484 | Internship |
2021 Fall
| Course Number | Course Title |
|---|---|
| MGT 303 | Honors Org Strategies/Leadersh |
| MGT 484 | Internship |
| MGT 303 | Honors Org Strategies/Leadersh |
| ENT 484 | Internship |
| WPC 480 | Capstone Course |
| WPC 480 | Capstone Course |
| MGT 586 | Fundamentals of Strategic Mgmt |