What does a "classic" working day look like as a consultant in quantitative management consulting at EY? And does it even exist? On February 3, 2021, EY employees Corinne Schlote, Jana Kirschner and Julia Langenbacher gave an insight into the job description of a consultant and the importance of mathematics in quantitative consulting for banks. On a professional level, this included a closer look at credit risk: how can borrower default probabilities be estimated using mathematical models and how are these models validated?