Magic is like a lot of other disciplines that people have recently begun developing, in historic terms. Working with magic is a way of understanding the universe and how it functions. You can approach it from a lot of different angles, applying a lot of different theories and mental models to it. You can get to the same place through a lot of different lines of theory and reasoning, kind of like really advanced mathematics. There's no truly right or wrong way to get there, either--there are just different ways, some more or less useful than others for a given application. And new vistas of thought, theory, and application open up on a pretty regular basis, as the Art develops and expands through the participation of multiple brilliant minds.
But that said, once you have a good grounding in it,you get a pretty solid idea of what's possible and what isn't. No matter how much circumlocution you do with your formulae, two plus two doesn't equal five. (Except maybe very, very rarely, sometimes, in extremely specific and highly unlikely circumstances.)