Historically speaking, there have been two schools of bible interpretation: Literal and Allegorical.
Examining six requirements for the interpretation of Scripture.
The study of hermeneutics takes place in the broader context of biblical studies.
Hermeneutics is the science and art of Biblical interpretation. It is a science because it is guided by rules within a system; and it is an art because the application of the rules is by skill, and not by mechanical imitation.