Asian americans comprise 6.4% Of the us population, but account for over 20% of the countrys elite ivy league students. While researchers have studied mechanisms that promote an asian second-generation advantage in education, including immigrant hyper-selectivity, few have examined whether this advantage extends into the labour market. Focusing on the five largest asian groupschinese, indians, filipinos, vietnamese, and koreanswe revisit the thesis of asian second-generation advantage. We argue that how we define advantageas outcomes or mobility, in education or in occupationsmatters. Our analyses reveal that all five second-generation asian groups attain exceptional educational outcomes, but vary in intergenerational mobility. Second-generation vietnamese exhibit the greatest intergenerational gains, followed by second-generation chinese and koreans; second-generation indians and filipinos experience none. Moreover, this advantage disappears in the labour market for all groups, except for chinese, revealing the domain-specific nature of the asian second-generation advantage. 2019, 2019 Informa uk limited, trading as taylor & francis group.