The MC-IGLO method for the calculation of NMR chemical shifts and magn
etic susceptibilities with inclusion of electron correlation effects i
s presented. It is a generalization of the IGLO (individual gauge for
localized orbitals) approach to multiconfiguration reference functions
, and is especially suited for molecules that are not well described b
y a single Slater determinant like ozone, B4H4, cyclobutadiene and gen
erally molecules with both lone pairs and double bonds. In those cases
where the conventional IGLO method (SCF-IGLO) - like all comparable m
ethods - fails, MC-IGLO improves the results considerably, although th
e correlation effects sometimes overshoot. For closed-shell systems li
ke H2O and CH4 MC-IGLO results differ little from SCF-IGLO, and to obt
ain higher accuracy in these cases, the extension of the basis is more
important than the inclusion of correlation effects. Explicit results
are presented for H2O, N2, PN, NNO, SO2, B4H4 and finally cyclobutadi
ene C4H4 for geometry ranges between the rectangular equilibrium struc
ture and a square form.