follow-up emg

ECONOMICS THROUGH A MACROFYING GLASS2009

an ECONOSOFIA project



Contents 1. About Econosofia 2. Executive Summary 3. Target Group 4. Media Coverage 5. Schedule and Guests 6. Testimonials 7. Financial Report 8. Project Organizers 9. Partners



1. About Econosofia Econosofia is a students' club organizing macroeconomics and public policy academic events

with guests from institutions such as the World Bank, IMF and the National Bank of Romania and from

the private sector. Our sources of motivation are the constant desire to positively influence the

Romanian academic and business environment and our ambition is to build ourselves into

accomplished individuals. In addition to organizing academic events the club's members work on

research projects and participate in debates. We are a part of Volunteers for Ideas and Projects, an

NGO founded in 1998, with a goal to create and sustain a community of students with high potential.

2009 European Enlargement – Q&A - A conference with Mr. Petr Dokladal, the Ambassador of the Czech Republic and guests from the European Institute of Romania.

2008 Economics through a Macrofying Glass - Eight days of seminars with Professor Lajos Bokros and guests from IMF, NBR, Bancpost and Ensight.

2008 Ensight Internship - A complex project meant to find the candidates with the ideal Ensight profile. Econosofia selected and interviewed the applicants and guided them to the next stage of the process.

2008 BDO Career Day, organized by Econosofia - A conference for students interested in accounting and auditing that applied for one of the 40 internships offered by BDO in the summer of 2008.

2008 Econosofia Debate Sessions - Two weeks of training and a competition of American Parliament debates, with special guests.

2007 Changing Currency, Redefining Economics - Ten days of seminars with Professor Lajos Bokros and experts from IMF, NBR, ING and Raiffeisen.

2007 Econosofia Debate Sessions - Six months of debates with round tables and open forums.

2007 Econosofia Review - An electronic review in which members published articles on economics and complementary topics.

2006 Economics through a Macrofying Glass - Seminars held by Professor Lajos Bokros and other guests from the field of macroeconomics.

2006 Risk Management - A two-week seminar session with experts from various fields of finance with a common interest in risk management.

2005 The European Challenge - Seminars and workshops contributing to the better knowledge of EU institutions by students.

2004 Dealing with a Functional Market Economy. Romania’s Case - Five days of seminars facilitating the contact between international professors and romanian students.

2004 Romania in the EU: Premises and Perspectives - A conference aiming to facilitate the dialogue between present decision makers and their successors.

2004 Monetary Policy Seminars - Debates between monetary policy professionals, mostly from NBR, and students.

2002 Structural Reform in Romania - “It gathered more important personalities than any PR agency from Romania.” (Capital Magazine)



2. Executive Summary

Economics through a Macrofying Glass is part of a series of annual academic events on

macroeconomics, financial markets and public policy organized by our club and having as key guest

Mr. Lajos Bokros, PhD at the Central European University, former director at the World Bank.

Goals

✓to complement the education received in college,

✓to encourage and reward performance,

✓to strengthen the links between students and their potential employers,

✓to create a network of high potential students,

✓to ensure the continuous development of generations of students in the macroeconomic field,

✓to become the main event for those passionate about macroeconomics in the academic environment.

This year’s edition of EMG, as we call it, took place between the 4th and the 8th of May 2009.

During the five days of seminars the students had the opportunity to interact with prominent economists

from the banking sector and from institutions such as the IMF and the National Bank of Romania.

The main theme was the current economic crisis, in its different aspects. Causes and measures

were discussed, regarding both global and local context.

The 37 participants were selected from a number of 60 applicants. The selection process

consisted of an application form and an interview. Every participant received a diploma, while the most

active ones were awarded prizes such as books and subscriptions to high quality economic

publications.

Our main partners were Raiffeisen – Real Estate Bank, Expert Serv and Mazars, our logistic partners

were Lafarge, Café Boheme, Violeta’s Vintage Kitchen and Libertas Publishing and we had numerous

media partners, such as The Marketer, Port.ro, 3ner.ro, 24-Fun.ro, bucuresteni.ro.



3. Target Group The EMG participant:

✓is a bachelor/master student with a strong focus on macroeconomics and public policy,

✓must be available, responsible, motivated, communicative and open-minded,

✓has an analytical way of looking at processes and a sharp insightful mind,

✓and solid knowledge of the English language.

Submitting the application form found on our website is the first step in our admission process:

[Excerpts from the questions]

✓What are your primary sources of information in economics?

✓Tell us about your most notable curricular and extracurricular activities.

✓Do you agree with the long run trade off between unemployment and inflation?

✓What market sector will be the least affected by the global crisis or even have a chance to obtain

profit from it? Can certain countries remain in a safe zone?

✓What could happen to the economy if it would be left to recover for itself? Is this possible in today

economic reality?

✓Will the IMF loan affect Romania's chances of adopting the euro at its own pace or will it help its

progress towards fulfilling the Maastricht criteria at a slower but steadier and healthier pace?

✓What personal qualities do you think would make you a good choice for EMG 2009?

Passing an interview is the second step in our admission process:

[Excerpts from the questions]

✓What is the difference between liquidity and solvability?

✓Why is deflation a problem?

✓How can the Central Bank react if the national currency starts losing value?

✓Define the concept of scarcity.

✓What advantages will Romania have after adopting the euro?

✓How does a financial crisis transmit?



✓What is the Mac Index?

✓When did Norway enter the EU?

✓Are there still solid economic reasons for building the Nabucco gas pipe?

✓Explain the concept of welfare and talk about the implications of the welfare state.

✓If you were to choose between state intervention/regulation and a laissez-faire politics, allowing

the market to regulate itself, what solution would you choose for a faster rehabilitation of the financial

system?

✓What is your opinion on the fallacy of economic models? Why do we need to spend so much

time and energy to create something that does not predict nor explain some economic events (like the

current financial crisis)?

✓Some reports from 2001 questioned the size of Freddie Mac and Fannie Mae, stating that their

dimensions at the time "could have great repercussions over the financial market". Still, why didn't the

American government act towards regulating the mortgage market and possibly avoid the current crisis?

Final list of participants:

No. First Name Last Name College and Faculty Year 1 Adelina Mihaela Dabu AES - BA B2 2 Adrian Cirstea AES - Master M1 3 Alexandra Ciurea AES - FIBSM B2 4 Alexandru Neagu AES - FIBSM B3 5 Alexandru Vasilescu AES - IBE B1 6 Alice Teodora Toma AES - FIBSM B3 7 Alina Nicoleta Sava AES - BA B1 8 Ana Cristian AES - Master M1 9 Ana Sersea AES - FIBSM (Graduate) -

10 Anca Butu AES - FIBSM B3 11 Anca Matei AES - IBE M1 12 Andreea Elena Balta AES - FIBSM B3 13 Catalin-Stefan Tiseanu UB - MI B3 14 Cristian Naftanaila AES - FIBSM B3 15 Daniel Rusu AES - Management B2 16 Denis-Constantin Todirica AES - AMIS B1 17 Diana Dascalu AES - IBE B1 18 Dorin Tutui AES - Economics B1 19 Dragos Grozea AES - FIBSM B3 20 Elena Anghel AES - Master M1



21 Elena Mega AES - BA B2

22 Emanuela Dan AES - BA B3 23 Evelina Calarasu AES - FIBSM B3 24 Florin Cornel Dinu AES - FIBSM B1 25 Ileana Ciutacu AES - Master M1 26 Ionut Razvan Barbu AES - FIBSM B2 27 Laura Turbatu AES - ECSI B3 28 Liviu Constantin Rusu AES - FIBSM B2 29 Magda Oprescu AES - IBE B3

30 Metin Caiali AES - FIBSM B1 31 Mihai Alex Stoian AES - Commerce B2 32 Mirela Ionela Craciunescu AES - FIBSM B3 33 Razvan Dumitrescu AES - FIBSM B1 34 Stefan Mortici AES - BA B1 35 Stefan Bogdan Balica AES - FIBSM B3 36 Teodor Alexandru Riba AES - BA B3 37 Victor Ignatiuc AICUI - EBA B2

Abbreviations:

AES – Academy of Economic Studies

BA – Faculty of Business Administration

FIBSM – Faculty of Finance, Insurance, Banks and Stock Markets

IBE – Faculty of International Business and Economics

ECSI – Faculty of Economic Cybernetics, Statistics and Informatics

AMIS – Faculty of Accounting and Management Information Systems

UB – University of Bucharest

MI – Faculty of Mathematics and Informatics

AICUI – Alexandru Ioan Cuza University of Iasi

EBA – Faculty of Economics and Business Administration

BBUCN – Babes Bolyai University of Cluj-Napoca

ESBA – Economic Studies and Business Administration



The 60 applications can be distributed in several ways. As it follows we shall analyze:

The distribution of the applicants according to their college affiliation (percentages)

The distribution of the applicants according to their college affiliation (values)

AES - FIBSM 23 AES - AMIS 1 AES - BA 7 AES - FIBSM - Bachelor's degree 1 AES - IBE 9 AES - MASTER 7

AES - ECSI 2 AES - PhD 1 AES - Commerce 3 UB - MI 1

AES - Management 2 AICUI - EBA 1 AES - Economics 1 BBUCN - ESBA 1

Total 60

38%

11%15%

3%

5%

3%

2%

2%

2%

11%

2%2% 2% 2% AES - FIBSM

AES - BA

AES - IBE

AES - ECSI

AES - Commerce

AES - Management

AES - Economics

AES - AMIS

AES - FIBSM - Bachelor's degreeAES - MASTER

AES - PhD

UB - MI

AICUI - EBA

BBUCN - ESBA

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AES - PhUB - M

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4. Media Coverage The project was promoted throughout printed materials in the faculties of the Academy of Economic

Studies and its surroundings:

Poster (A3)

Sticker



Flyer (front) Flyer (back)

E-mails sent to a data-base of 80 e-groups, with approximately 60.000 users:

The Economy's on Prozac... Curious to know why?

Econosofia presents the 6th edition of Economics through a Macrofying Glass, which will be held between May 4 and 8, 2009.

If you are passionate about macroeconomics, financial markets and public policy and want to see the effects the crisis has had and will have on them, EMG 2009 is the place to be!

Through a series of seminars, you will have the opportunity to discover if there is any exit from the seemingly never-ending spiral of the crash.

The challenge will be launched by our traditional guest

Lajos Bokros - PhD at the Central European University, former Director at the World Bank and Minister of Finance in Hungary,

and by prominent economists, such as

Bogdan Baltazar - Financial Consultant, former President of BRD 1998-2004, Tony Lybek - IMF, Senior Regional Representative for Romania and Bulgaria,

Valentin Lazea - National Bank of Romania, Chief Economist, Florin Citu - ING, Head of Sales / Deputy Head of Financial Markets,

Mugur Tolici - National Bank of Romania, Main Advisor, Anca Paliu Dragu - IMF, Deputy Head of the Regional Office for Romania and Bulgaria

Do you want to be one of the 40 students that will attempt to cure the economy?

Then apply here until April 28, 2009.

For more details visit our website: emg.econosofia. org



*Economics through a Macrofying Glass 2009 is made possible through the support of

Expert Serv, Raiffeisen – Banca pentru locuinte, Mazars, Lafarge, Libertas, Violeta's Vintage Kitchen and Café Bohéme.

Articles published on various websites:

The Economy's on Prozac... Curious to know why?

In contextul starii actuale, depasind cu mult parametrii unei simple schimbari ciclice, criza economica cronica pare sa raspunda stimulilor care vizeaza tratarea acesteia cu diferite politici care au efecte anti-depresive. Astfel, intr-o lume descurajata, in vederea gasirii unor solutii, care nu doar atenueaza circumstantele, clubul Econosofia, din cadrul organizatiei studentesti Voluntari pentru Idei si Proiecte, organizeaza, in perioada 4-8 mai 2009, cea de-a sasea editie a proiectului Economics through a Macrofying Glass.

Invitatul nostru de traditie, d-nul. Lajos Bokros, va impartasi din cunostintele acumulate pe parcursul impresionantei sale cariere - profesor la Central European University, director la Banca Mondiala, ministru de finante al Ungariei, consilier economic principal al prim-ministrului Croatiei si presedinte al Bursei de Valori din Budapesta. Beneficiarii vor fi 40 de studenti pasionati de macroeconomie si totodata motivati de dorinta de a completa cunostintele dobandite in cadrul facultatii, in vederea dezvoltarii pe plan profesional.

Totodata, economisti de seama vor oferi participantilor oportunitatea de a a-si forma noi perspective si viziuni, care, cu siguranta, vor depasi limitele abordarii la nivel pur teoretic. Printre acestia se numara:

• Tony Lybek - reprezentant regional al FMI pentru Romania si Bulgaria • Bogdan Baltazar - consultant financiar si fost presedinte al BRD • Valentin Lazea - economist sef la BNR • Florin Citu - economist sef in cadrul ING • Gabriel Sincu - senior manager Mazars Romania

In urma acestei experiente, tinerii vor acumula cunostinte solide pentru a gasi raspunsuri la intrebarile pertinente, care, pana acum, au fost adresate doar tagmei economistilor si isi vor forma o parere personala, obiectiva referitoare la consecintele colapsului financiar, atat asupra celor usor de anticipat, cat si a celor imprevizibile.

Selectia participantilor se va face pe baza unui formular de aplicare ce trebuie completat pana la data de 28 Aprilie 2009, fiind urmat de un interviu.

Mai multe detalii puteti gasi vizitand site-ul emg.econosofia.org.

Economics through a Macrofying Glass are la temelie dorinta de a transforma mediul economic, social si politic, prin formarea unei comunitati de tineri cu potential ridicat.

Parteneri EMG 2009: Raiffeisen – Banca pentru locuinte, Expert Serv, Mazars, Lafarge, Libertas, Café Bohéme si Violeta's Vintage Kitchen.



- Site-ul Econosofia.org: http://econosofia.wordpress.com/2009/04/22/the-economys-on-prozac/ - Site-ul Port.ro: http://www.port.ro/pls/fe/festival.festival_page?i_festival_id=1906&i_city_id=-

1&i_county_id=34&i_cntry_id=56 - Site-ul bucuresteni.ro:

http://www.bucuresteni.ro/evenimente/conferinte/Economics_through_a_Macrofying_Glass_Editia_.html - Site-ul roportal.ro: http://www.roportal.ro/stiri/stirea-2079288.htm - Site-ul 24-FUN.ro: http://bucuresti.24fun.ro/tag/econosofia.html - Site-ul BusinessWoman.ro:

http://www.businesswoman.ro/index.php?mact=News,cntnt01,detail,0&cntnt01articleid=532&cntnt01origid=93&cntnt01lang=ro_RO&cntnt01returnid=93

- Site-ul 3ner.ro: http://www.3ner.ro/Anunturi/vip-romania-organizeaza-economics-through-a-macrofying-glass

- Site-ul LumeBuna.ro: http://www.lumebuna.ro/2009/04/26/the-economys-on-prozaccurious-to-know-why/

- Site-ul Ambition.ro: http://www.ambition.ro/evenimente/stiri-evenimente/48-content/257-the-economys-on-prozac-curious-to-know-why

- Site-ul comunicatemedia.ro: http://www.comunicatemedia.ro/Economics_through_a_Macrofying_Glass_ic26227.html

- Blogul FiiEficient.com/conferinte: http://fiieficient.com/conferinte/2009/04/cfparticipants-6th-edition-of-economics-through-a-macrofying-glass-mai-2009-econosofia/

- Site-ul allpress.ro: http://www.allpress.ro/stire/29-04-09/2079288.htm - Site-ul ecbs.org: http://www.ecbs.org/events/economics-through-a-macrofying-glass.html - Site-ul evenimenteintelectuale.ro: http://www.evenimenteintelectuale.ro/?p=110 - Site-ul ubix.ro: http://business.ubix.ro/detalii/the-economy-s-on-prozac-curious-to-know-why-1 Interactive banners: 24-FUN.ro LumeBuna.ro

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5. Schedule and Guests

[1] Mugur Tolici - National Bank of Romania, Main Advisor * Measures Taken by the Central Bank and by the Main Financial Institutions to Overcome the Crisis [2] Gabriel Sincu - Mazars, Senior Manager, Head of Tax & Compliance Services * The Flat Tax Rate - a Macroeconomic Policy Instrument [3] Florin Citu - ING, Head of Sales * Are the NBR policy and the fiscal policy right for the current economic conditions? Is the euro adoption a

solution? [4] Adrian Bradea - Raiffeisen-Banca pentru locuinte, Distribution Director * Real Estate Banks- a Solution Immune to the Crisis [5] Bogdan Baltazar - Financial consultant * Some Causes of the Current Financial Crisis [6] Anca Paliu Dragu - IMF Regional Office for Romania and Bulgaria, Regional Economist * IMF Lending in Times of Crisis [7] Camelia Savoiu - Lafarge, Communication Manager * Short History and Values of Lafarge. Sustainable Development [8] Philippe Platon - Lafarge Ciment, CFO * Management in Times of Crisis - Lafarge [9] Valentin Lazea - National Bank of Romania, Chief Economist * The Romanian Economy in the Context of the International Crisis [10] Tony Lybek - IMF, Senior Regional Representative for Romania and Bulgaria * The Importance of Central Bank Autonomy, Authority and Accountability

4-May 5-May 6-May 7-May 8-May

08:50 - 10:30 Lajos Bokros Lajos Bokros Lajos Bokros Lajos Bokros Lajos Bokros Break

11:00 - 12:30 Lajos Bokros Lajos Bokros Lajos Bokros Lajos Bokros Lajos Bokros

Break 14:00 - 14:30 Mugur Tolici [1] Adrian Bradea [4] 14:30 - 15:00 Mugur Tolici Adrian Bradea 15:00 - 15:30 Mugur Tolici Gabriel Sincu [2] Bogdan Baltazar [5] Camelia Savoiu [7] Tony Lybek [10]15:30 - 16:00 Mugur Tolici Gabriel Sincu Bogdan Baltazar Camelia Savoiu Tony Lybek 16:00 - 16:30 Gabriel Sincu Bogdan Baltazar Philippe Platon [8] Tony Lybek 16:30 - 17:00 Florin Citu [3] Anca Paliu Dragu [6] Philippe Platon Tony Lybek 17:00 - 17:30 Florin Citu Anca Paliu Dragu 17:30 - 18:00 Florin Citu Anca Paliu Dragu 18:00 - 18:30 Valentin Lazea [9] 18:30 - 19:00 Valentin Lazea 19:00 - 19:30 Valentin Lazea 19:30 - 20:00

Legend AES – Room Robert Schuman AES – Room 2013 AES – Board Room Lafarge headquarters



Lajos Bokros teaches macroeconomics and public policy at CEU and he has been our key guest

since 2002. Prof Bokros has a vast experience in the fields of macroeconomics and public finance, which he gained as Director at The World Bank, Economic adviser to the DPM of Poland, Minister of finance in Hungary, Chairman and CEO at Budapest Bank, Chairman and CEO at Budapest Stock Exchange. His fields of interest include Macroeconomic Issues and Policies, Inter Governmental Fiscal Relations and Economic Policy Alternatives.

Mugur Tolici is currently the main advisor to the governor of the National Bank of Romania. He published papers on the balance of payments financing in Romania and the role of foreign remittances. At Economics through a Macrofying Glass he held a seminar on nominal convergence versus real convergence.

Gabriel Sincu is a graduate of the Finance and Banking Faculty of the Academy of Economic Studies, Bucharest, and a certified accountant in Romania. He has expertise in corporate taxation law with emphasis on profit tax, VAT, withholding tax, international regulations on transfer pricing. Gabriel Sincu is also involved in several assignments regarding tax planning for foreign investors that operate in Romania, as well as taxation of foreign citizens working in Romania under secondment agreements.

Florin Citu works as Head of Sales / Deputy Head of Financial Markets for ING Romania. He received his PhD from Iowa State University and started his professional experience within The Reserve Bank of New Zealand. He was Chief Economist at ING Bank Romania, and a member of The Economists European Association. On the 10th of May 2008 he held a seminar for Econosofia on: "NBR's monetary policy framework, from the current stance to Euro adoption".

Bogdan Baltazar, former president of BRD 1998-2004, has received a PhD in Economics from the City University of New York and is, at present, an independent financial consultant. Among the several important positions he occupied we mention: President of BRD and manager for the Departments of North and South America in the Ministry of Foreign Affairs.

Anca Paliu Dragu graduated in Finance and Banking from the Academy of Economic Studies, Bucharest, in Economics and International Business from the George Washington University, Washington DC, USA, and in Public Policy and European Integration from the National School of Political Studies, Bucharest. Mrs. Paliu Dragu has been an economist at the IMF office since 2001. Prior to that, she was an economist of the National Bank of Romania, Refinancing and Open Market Operation Department, and Regulation Department, which she joined in 1996.

Valentin Lazea, chief economist at the National Bank of Romania since 1999, studied at Sussex University in Brighton and at the IMF Institute In Washington DC. He was also state secretary in the Ministry of Finance. For Econosofia, he held a seminar about the advantages and disadvantages of adopting the Euro.

Tony Lybek is a senior economist in the Monetary and Financial Systems Department (MFD) of the IMF. He joined the Danish central bank, where he worked in the Foreign Department (managing international reserves) and the Monetary Policy Department. In 1992 he joined the Fund, where he has worked in the Fiscal Affairs Department, European II Department and MFD. He specializes in central bank legislation and payment systems, but covers a broad range of financial sector issues.



6. Testimonials It is always a pleasure and a privilege to teach very capable and enthusiastic Econosofia students.

Multumesc frumos! Lajos Bokros

Thank you for this opportunity to discuss central bank independence. It was a pleasure. My best

wishes for your future … Tony Lybek Am gasit, ca in fiecare an, disponibilitatea studentilor pentru un dialog sincer, fara pareri

preconcepute, care ar trebui replicat cat mai des in societatea romaneasca. Mult success, Valentin Lazea Mi-a facut mare placere sa va revad. Sper ca nu v-am dezamagit nici acum si astept cu sincera

emotie sa ne revedem si sa discutam lucruri destepte. Bogdan Baltazar Felicit Econosofia pentru realizarea acestui seminar, care a capatat déjà traditie. Discutiile cu

participantii la acest seminar s-au dovedit a fi, ca intotdeauna, o incantare. Mugur Tolici O initiativa laudabila care trebuie extinsa la nivelul ASE. Vin de fiecare data cu entuziasm si putina

umilitate. Mereu sper sa fiu provocat si de fiecare data ma uimeste nivelul de intelepciune. Mult succes! Florin Citu Am fost impresionata de interesul pe care tinerii ASE-ului il au fata de problemele economice

curente. Va doresc succes si sunt convinsa ca veti devein economisti de seama! Cu mult drag, Anca Paliu Dragu O idee interesanta care TREBUIE sa continue! Bravo Econosofia pentru aceasta initiative frumoasa

care atrage oameni dornici de cunoastere! Va dorim mult, mult success pe mai departe si nu uitati ca Mazars va poate prezenta lucruri interesante din perspective practica. Toate cele bune,

Gabriel Sincu Am vazut fete luminoase, vesele, dormice si deschise fata de cunoastere. Intr-o lume invadata de

“Stiri de la ora 5” mi-ati dat confortul si bucuria ca Romania va fi luminoasa! Succes! Adrian Bradea



7. Financial Report

8. Project Organizers

Stefania Apostol – Project Manager

Bogdan Barseti – Sales, Logistics

Flavia Caia – Sales, IT

Andra Culita – Sales, HR

Victor Dumitrache – HR, PR

Raluca Enache – Marketing, PR

Oana Furtuna – Sales, Recruitment

Alecsandra Ghita – PR, Logistics

Erminia Jilavu – PR, Recruitment

Raluca Manolache – Sales, Logistics

Diana Moldovan – Sales, Recruitment

Special thanks to:

Loredana Coscotin – Project advisor

Robert Batca – Project advisor, IT

Madalina Calen – PR

Gabriela Radu – PR, Recruitment Irina Stanga – Recruitment

Bianca Ilarie – Recruitment Laura Roman – Recruitment Traian Delca – Recruitment

Irina Harau – PR, Recruitment Anca Nastase – Logistics

Incomes Expenditures

Expert Serv 4.218,50

138,04 Promotion

145,30 Printing/multiplying

235,50 Communication

Mazars Consulting

1.268,70

132,50 Logistics

1.025,98 Protocol

415,60 Accommodation

Raiffeisen - Banca pentru

locuinte 4.401,60

1.944,75 Transportation

6.255,00 Fee

210,04 Extra

TOTAL 9.888,80 10.502,71 TOTAL



9. Partners

Thank you for all of your support!



Stefania Apostol, President of Econosofia, part of VIP Romania

Contact:

[email protected], +40 741 236 067

follow-up emg

Documents

econosofia econosofia

econosofia review

econosofia projecteconomics

econosofia projectcontents

econosofia project1

econosofia debate sessions

days of seminars

macrofying glass seminars