Most students in the universities at present are considered millennials. Typically, this generational cohort is born from 1981 onwards. Considering their behavioral temperament, they are accused of being entitled and deficient in motivation and accountability. Further, other generations perceive millennials as having less desirable work behaviors and beliefs. At present, there is a dearth of scholarship on Filipino millennials and their experience of burnout. The present inquiry determined the extent to which Filipino millennial university students experienced burnout and how it was possibly inflected by gender or academic specialization. Additionally, academic achievement and workload were considered factors in the experience of burnout. The Maslach Burnout Inventory − Student Survey was utilized in this study with 249 respondents from a private university in Manila, Philippines. Results reveal that workload is positively correlated to exhaustion and, to some extent, cynicism. Likewise, academic achievement positively influences academic efficacy, which buffers the experience of exhaustion and cynicism. Regardless of gender and academic specialization, Filipino millennial university students seem not to be experiencing burnout. The analysis further shows that the respondents’ academic efficacy is moderately high. On the other hand, exhaustion and cynicism range from moderately low to average.