How long does it take to be promoted at MBB?

What I really mean is, let’s assume that you’ve worked hard and your seniors are happy with your performance etc.
You had your performance review and were told that you’re being promoted.
How long does it actually take the paperwork to be finalized after that meeting?
How long does it take to see the actual new salary in the bank account?

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Virtually no delay- you will be given a promotion effective from date where your comp increases that month and your title changes – virtually a month? Curious as to why you’re asking this question though?

Give it a couple of weeks then follow up with Manager or HR if no change?

Instant with the caveat that promos are done in batches with fixed dates/windows (e.g. Bain London is quarterly). So you might "miss" a promo window and have to go for the next one. But if you've been told you're being promoted in this quarter, you'll be told near the end of the previous quarter and your new salary is effective from 1st day of the new quarter. You can't randomly be promoted on 23 May or something though.

At McKinsey we see comp increases on 1st Jan and 1st July but are usually made aware of promotions ~2 months before.

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