Theory and range of modern semiempirical molecular orbital methods

Semiempirical molecular orbital methods have a long history. They serve to tackle large systems and complicated processes beyond the reach of ab initio or density functional methods. Although their setup is derived from Hartree-Fock theory, the design of approximate energy expressions and the empirical parameters are used to achieve higher accuracy than the underlying ab initio theory. In this way the effect of larger basis sets or correlation can be partially simulated. All widely used semiempirical methods establish their accuracy by error statistics for molecular properties with experimental and high-level ab initio or density functional theory calculations as a reference. Their computational efficiency makes them suitable for the study of biochemical systems and solid materials. The present review presents a variety of applications which demonstrate the need for and success of semiempirical methods.