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At MIT, about a fifth of undergrads end up getting published an an academic journal. (And the number among science majors alone is likely considerably higher -- engineers don't really seem to publish.)
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I think if your aim is to be published, and you are not completely incompetent, it's 100% achievable.
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I'm actually a bit surprised by this. What I can tell you is that in the social sciences and in management - and Sloan management is the #3 most popular major at MIT - it is practically impossible to have anything actually published as an undergrad, simply because the publication lag times are so long. Heck, there are even assistant professors of management or economics at the top schools who
still haven't published a single paper.
But then again, Sloanies usually don't care about publication anyway. They usually just want to get a decent job.