Transition metal and rare earth compounds are investigated intensively because of important questions concerning fundamental research problems. More recently also their enormous potential for the development of new materials for photophysical and photochemical applications has been explored. Thus, it is important to focus on a deeper understanding of the elctronic energies, transition prohabilities, intermolecular interactions, etc.. This task has been accomplished by leading researchers in the field. They present introductions into, but also detailed reviews of the current state of knowledge of three different subjects.