As the term is generally used today, theology refers to the systematic formulation of ways to think about God, talk about a religions distinctive symbols or concepts, and bring it all together into a coherent system of thought. It shares much in common with both philosophy and religion, often straddling the borders between the two.
As practiced in various religious traditions, theology can be more or less formal and systematic. Some traditions have built schools for the purpose of training in theology, developing long and rich traditions. Others, though, tend to do theology much more informally and on an ad hoc basis. A single person reflecting on the meaning of a religious text might be said to be doing theology in some manner.
Much of theology done today assumes an authoritative element that arises out of the assumption of the truth of most, if not all, basic beliefs within any particular religious tradition. This is sometimes referred to as confessional theology because it occurs within the context of a particular confession, though such a label is typically only used among Protestant denominations rather than among various religious traditions.
Theology doesnt begin from a perspective that would call basic religious beliefs into question; instead, they are taken as a given and disagreements over their implications are hashed out. Christian theologians, for example, dont normally debate amongst themselves whether God exists or whether Jesus is the Son of God. Despite employing the language of the independent reasoning one finds in philosophy, theology partakes in the assumed authority of prophets, scriptures, and traditions.
To engage in Christian theology, it is assumed that one must be a Christian as well. The theologian is thus first and foremost a believer and a committed believer, too, otherwise they wouldnt have made a career out of the study of their religions doctrines. The theologian believes that the fundamental truths that can be known are already known; their job is to explain and communicate those truths to others. Arguably the work of a theologian is a type of ministry that functions alongside and compliments that of ordained pastors.
The three most important sources from which Western theological systems derive their premises are divine revelation, natural reason, and community traditions. Thus much of what occurs in theology involves the logical, historical, and even mystical exegesis of a body of authoritative traditions and texts that are generally accepted as authoritative on the basis of faith.
The conclusions of theologians are taken to be authoritative over believers if dominant theologians agree on some particular conclusion about the nature of God, it is an error for the average believer to adopt a different opinion. In some extreme cases those who disagree with authoritative theologians may even be labeled heretics and excluded from the religious community entirely.
In most religious traditions theologians are thus imbued with a great deal of power. Theologians are made responsible for guiding the community of believers on what the major themes of the religion are and how believers should interpret those themes. Theologians set the agenda for how a religion is understood and talked about, what language is used, what the concepts mean, what the symbols are, etc.
Theology today also tends to assume the context, categories, and concerns of particular religious traditions none of which may apply in another religion. For example, Christian theologians trained in the concepts of sin and salvation may have difficulty understanding a religion where those concepts dont appear at all or have very different meanings. Because of this, theology is almost always rooted in one tradition and any sort of general or global theology can be impossible.

